AYEW.DE vs. EQEU.DE
AYEW.DE (iShares MSCI World Information Technology Sector ESG UCITS ETF USD (Dist)) and EQEU.DE (Invesco EQQQ NASDAQ-100 UCITS ETF EUR Hedged) are both exchange-traded funds - AYEW.DE is a Technology Equities fund tracking the MSCI World Information Technology ESG Reduced Carbon Select 20 35 Capped, while EQEU.DE is a Nasdaq-100 fund tracking the NASDAQ-100 Notional Net Total Return Index. Both are passively managed. Over the past 5 years, AYEW.DE returned 17.69%/yr vs 11.77%/yr for EQEU.DE. Their correlation of 0.89 suggests significant overlap in exposure. AYEW.DE charges 0.18%/yr vs 0.35%/yr for EQEU.DE.
Performance
AYEW.DE vs. EQEU.DE - Performance Comparison
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Returns By Period
In the year-to-date period, AYEW.DE achieves a 18.08% return, which is significantly higher than EQEU.DE's 10.29% return.
AYEW.DE
- 1D
- -1.83%
- 1M
- -3.51%
- 6M
- 16.95%
- YTD
- 18.08%
- 1Y
- 28.78%
- 3Y*
- 24.81%
- 5Y*
- 17.69%
- 10Y*
- —
EQEU.DE
- 1D
- -2.27%
- 1M
- -5.16%
- 6M
- 10.35%
- YTD
- 10.29%
- 1Y
- 20.89%
- 3Y*
- 20.16%
- 5Y*
- 11.77%
- 10Y*
- —
AYEW.DE vs. EQEU.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
AYEW.DE iShares MSCI World Information Technology Sector ESG UCITS ETF USD (Dist) | 18.08% | 9.71% | 33.71% | 55.81% | -29.73% | 41.85% | 31.02% | 11.45% |
EQEU.DE Invesco EQQQ NASDAQ-100 UCITS ETF EUR Hedged | 10.29% | 18.24% | 24.15% | 51.95% | -36.56% | 27.85% | 45.20% | 10.12% |
Correlation
The correlation between AYEW.DE and EQEU.DE is 0.88, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.88 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.86 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.89 |
Correlation (All Time) Calculated using the full available price history since Oct 22, 2019 | 0.89 |
The correlation between AYEW.DE and EQEU.DE has been stable across timeframes, ranging from 0.86 to 0.89 - a consistent structural relationship.
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Return for Risk
AYEW.DE vs. EQEU.DE — Risk / Return Rank
AYEW.DE
EQEU.DE
AYEW.DE vs. EQEU.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI World Information Technology Sector ESG UCITS ETF USD (Dist) (AYEW.DE) and Invesco EQQQ NASDAQ-100 UCITS ETF EUR Hedged (EQEU.DE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AYEW.DE | EQEU.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.15 | ||
| Sortino ratioReturn per unit of downside risk | +0.10 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.21 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 1.91 | 1.73 | +0.18 |
| Martin ratioReturn relative to average drawdown | 4.85 | 5.66 | -0.81 |
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Drawdowns
AYEW.DE vs. EQEU.DE - Drawdown Comparison
The maximum AYEW.DE drawdown since its inception was -31.30%, smaller than the maximum EQEU.DE drawdown of -37.97%. Use the drawdown chart below to compare losses from any high point for AYEW.DE and EQEU.DE.
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Drawdown Indicators
| AYEW.DE | EQEU.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.30% | -37.97% | +6.67% |
Max Drawdown (1Y)Largest decline over 1 year | -14.98% | -12.02% | -2.96% |
Max Drawdown (3Y)Largest decline over 3 years | -28.96% | -22.08% | -6.88% |
Max Drawdown (5Y)Largest decline over 5 years | -30.17% | -37.97% | +7.80% |
Current DrawdownCurrent decline from peak | -7.22% | -6.95% | -0.27% |
Average DrawdownAverage peak-to-trough decline | -7.68% | -7.91% | +0.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.92% | 3.68% | +2.24% |
Volatility
AYEW.DE vs. EQEU.DE - Volatility Comparison
iShares MSCI World Information Technology Sector ESG UCITS ETF USD (Dist) (AYEW.DE) has a higher volatility of 7.31% compared to Invesco EQQQ NASDAQ-100 UCITS ETF EUR Hedged (EQEU.DE) at 6.21%. This indicates that AYEW.DE's price experiences larger fluctuations and is considered to be riskier than EQEU.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AYEW.DE | EQEU.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.31% | 6.21% | +1.10% |
Volatility (6M)Calculated over the trailing 6-month period | 16.50% | 13.90% | +2.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.55% | 17.56% | +3.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.08% | 21.05% | +2.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.57% | 20.98% | +2.59% |
AYEW.DE vs. EQEU.DE - Expense Ratio Comparison
AYEW.DE has a 0.18% expense ratio, which is lower than EQEU.DE's 0.35% expense ratio.
Dividends
AYEW.DE vs. EQEU.DE - Dividend Comparison
AYEW.DE's dividend yield for the trailing twelve months is around 0.26%, while EQEU.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
AYEW.DE iShares MSCI World Information Technology Sector ESG UCITS ETF USD (Dist) | 0.26% | 0.31% | 0.38% | 0.46% | 0.82% | 0.40% | 0.65% | 0.12% |
EQEU.DE Invesco EQQQ NASDAQ-100 UCITS ETF EUR Hedged | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
AYEW.DE and EQEU.DE have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, AYEW.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
AYEW.DE is cheaper with a 0.18% expense ratio, compared with 0.35% for EQEU.DE.
AYEW.DE is categorized as Technology Equities, while EQEU.DE is Nasdaq-100. AYEW.DE tracks MSCI World Information Technology ESG Reduced Carbon Select 20 35 Capped, while EQEU.DE tracks NASDAQ-100 Notional Net Total Return Index. They also come from different issuers: iShares and Invesco. Their fees differ too: 0.18% for AYEW.DE and 0.35% for EQEU.DE.
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