CMOE.DE vs. EQQB.DE
CMOE.DE (Invesco Bloomberg Commodity UCITS ETF (EUR Hedged) Acc) and EQQB.DE (Invesco EQQQ Nasdaq-100 UCITS ETF Acc) are both exchange-traded funds - CMOE.DE is a Commodities fund tracking the Bloomberg Commodity (EUR Hedged), while EQQB.DE is a Nasdaq-100 fund tracking the Nasdaq 100®. Both are passively managed. Over the past 3 years, CMOE.DE returned 13.22%/yr vs 24.52%/yr for EQQB.DE. At a 0.06 correlation, their price movements are largely independent. CMOE.DE charges 0.24%/yr vs 0.30%/yr for EQQB.DE.
Performance
CMOE.DE vs. EQQB.DE - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with CMOE.DE having a 21.57% return and EQQB.DE slightly lower at 20.54%.
CMOE.DE
- 1D
- -1.32%
- 1M
- -1.55%
- YTD
- 21.57%
- 6M
- 21.82%
- 1Y
- 33.83%
- 3Y*
- 13.22%
- 5Y*
- —
- 10Y*
- —
EQQB.DE
- 1D
- -0.82%
- 1M
- 7.97%
- YTD
- 20.54%
- 6M
- 18.70%
- 1Y
- 36.95%
- 3Y*
- 24.52%
- 5Y*
- —
- 10Y*
- —
CMOE.DE vs. EQQB.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
CMOE.DE Invesco Bloomberg Commodity UCITS ETF (EUR Hedged) Acc | 21.57% | 14.96% | 2.92% | -9.62% | -0.48% |
EQQB.DE Invesco EQQQ Nasdaq-100 UCITS ETF Acc | 20.54% | 6.93% | 33.67% | 51.27% | -17.63% |
Correlation
The correlation between CMOE.DE and EQQB.DE is -0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.02 |
Correlation (All Time) Calculated using the full available price history since Feb 21, 2022 | 0.06 |
The correlation between CMOE.DE and EQQB.DE shifts across timeframes, from -0.07 (1 year) to 0.06 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
CMOE.DE vs. EQQB.DE — Risk / Return Rank
CMOE.DE
EQQB.DE
CMOE.DE vs. EQQB.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Bloomberg Commodity UCITS ETF (EUR Hedged) Acc (CMOE.DE) and Invesco EQQQ Nasdaq-100 UCITS ETF Acc (EQQB.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.
| CMOE.DE | EQQB.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.39 | ||
| Sortino ratioReturn per unit of downside risk | -0.66 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.42 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 4.49 | 3.73 | +0.77 |
| Martin ratioReturn relative to average drawdown | 10.26 | 11.10 | -0.84 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| CMOE.DE | EQQB.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.00 | 2.39 | -0.39 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.37 | 0.97 | -0.60 |
Drawdowns
CMOE.DE vs. EQQB.DE - Drawdown Comparison
The maximum CMOE.DE drawdown since its inception was -29.97%, which is greater than EQQB.DE's maximum drawdown of -26.59%. Use the drawdown chart below to compare losses from any high point for CMOE.DE and EQQB.DE.
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Drawdown Indicators
| CMOE.DE | EQQB.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.97% | -26.59% | -3.38% |
Max Drawdown (1Y)Largest decline over 1 year | -7.70% | -10.08% | +2.38% |
Max Drawdown (3Y)Largest decline over 3 years | -11.83% | -26.59% | +14.76% |
Current DrawdownCurrent decline from peak | -5.48% | -0.82% | -4.66% |
Average DrawdownAverage peak-to-trough decline | -19.33% | -6.77% | -12.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.38% | 3.39% | -0.01% |
Volatility
CMOE.DE vs. EQQB.DE - Volatility Comparison
Invesco Bloomberg Commodity UCITS ETF (EUR Hedged) Acc (CMOE.DE) has a higher volatility of 5.18% compared to Invesco EQQQ Nasdaq-100 UCITS ETF Acc (EQQB.DE) at 4.38%. This indicates that CMOE.DE's price experiences larger fluctuations and is considered to be riskier than EQQB.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CMOE.DE | EQQB.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.18% | 4.38% | +0.80% |
Volatility (6M)Calculated over the trailing 6-month period | 15.26% | 10.99% | +4.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.28% | 15.73% | +1.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.62% | 19.97% | -3.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.62% | 19.97% | -3.35% |
CMOE.DE vs. EQQB.DE - Expense Ratio Comparison
CMOE.DE has a 0.24% expense ratio, which is lower than EQQB.DE's 0.30% expense ratio.
Dividends
CMOE.DE vs. EQQB.DE - Dividend Comparison
Neither CMOE.DE nor EQQB.DE has paid dividends to shareholders.
Frequently Asked Questions
CMOE.DE and EQQB.DE have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CMOE.DE is cheaper at 0.24% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CMOE.DE is cheaper with a 0.24% expense ratio, compared with 0.30% for EQQB.DE.
CMOE.DE is categorized as Commodities, while EQQB.DE is Nasdaq-100. CMOE.DE tracks Bloomberg Commodity (EUR Hedged), while EQQB.DE tracks Nasdaq 100®. Their fees differ too: 0.24% for CMOE.DE and 0.30% for EQQB.DE.
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