E500.DE vs. N1ES.DE
E500.DE (Invesco S&P 500 UCITS ETF (EUR Hdg)) and N1ES.DE (Invesco Nasdaq-100 ESG UCITS ETF Acc) are both exchange-traded funds - E500.DE is a S&P 500 fund tracking the S&P 500 Index, while N1ES.DE is a Nasdaq-100 fund tracking the Nasdaq 100® ESG. Both are passively managed. Over the past 3 years, E500.DE returned 19.53%/yr vs 25.46%/yr for N1ES.DE. Their correlation of 0.83 suggests significant overlap in exposure. E500.DE charges 0.05%/yr vs 0.25%/yr for N1ES.DE.
Performance
E500.DE vs. N1ES.DE - Performance Comparison
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Returns By Period
In the year-to-date period, E500.DE achieves a 8.91% return, which is significantly lower than N1ES.DE's 21.31% return.
E500.DE
- 1D
- 0.01%
- 1M
- 3.11%
- YTD
- 8.91%
- 6M
- 9.39%
- 1Y
- 24.19%
- 3Y*
- 19.53%
- 5Y*
- 11.18%
- 10Y*
- 12.71%
N1ES.DE
- 1D
- -0.74%
- 1M
- 8.84%
- YTD
- 21.31%
- 6M
- 19.74%
- 1Y
- 39.34%
- 3Y*
- 25.46%
- 5Y*
- —
- 10Y*
- —
E500.DE vs. N1ES.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
E500.DE Invesco S&P 500 UCITS ETF (EUR Hdg) | 8.91% | 15.32% | 22.74% | 23.33% | -21.41% | 4.87% |
N1ES.DE Invesco Nasdaq-100 ESG UCITS ETF Acc | 21.31% | 8.26% | 33.55% | 51.62% | -29.13% | 9.35% |
Correlation
The correlation between E500.DE and N1ES.DE is 0.80, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.80 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.79 |
Correlation (All Time) Calculated using the full available price history since Oct 28, 2021 | 0.83 |
The correlation between E500.DE and N1ES.DE has been stable across timeframes, ranging from 0.79 to 0.83 - a consistent structural relationship.
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Return for Risk
E500.DE vs. N1ES.DE — Risk / Return Rank
E500.DE
N1ES.DE
E500.DE vs. N1ES.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 UCITS ETF (EUR Hdg) (E500.DE) and Invesco Nasdaq-100 ESG UCITS ETF Acc (N1ES.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.
| E500.DE | N1ES.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.34 | ||
| Sortino ratioReturn per unit of downside risk | -0.15 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.42 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 2.80 | 3.69 | -0.89 |
| Martin ratioReturn relative to average drawdown | 11.96 | 10.62 | +1.35 |
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
| E500.DE | N1ES.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.08 | 2.42 | -0.34 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.69 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.78 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.73 | 0.81 | -0.08 |
Drawdowns
E500.DE vs. N1ES.DE - Drawdown Comparison
The maximum E500.DE drawdown since its inception was -34.20%, which is greater than N1ES.DE's maximum drawdown of -29.96%. Use the drawdown chart below to compare losses from any high point for E500.DE and N1ES.DE.
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Drawdown Indicators
| E500.DE | N1ES.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.20% | -29.96% | -4.24% |
Max Drawdown (1Y)Largest decline over 1 year | -8.73% | -10.86% | +2.13% |
Max Drawdown (3Y)Largest decline over 3 years | -18.50% | -26.65% | +8.15% |
Max Drawdown (5Y)Largest decline over 5 years | -25.83% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -34.20% | — | — |
Current DrawdownCurrent decline from peak | -0.59% | -0.74% | +0.15% |
Average DrawdownAverage peak-to-trough decline | -4.97% | -8.51% | +3.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.05% | 3.78% | -1.73% |
Volatility
E500.DE vs. N1ES.DE - Volatility Comparison
The current volatility for Invesco S&P 500 UCITS ETF (EUR Hdg) (E500.DE) is 3.11%, while Invesco Nasdaq-100 ESG UCITS ETF Acc (N1ES.DE) has a volatility of 4.64%. This indicates that E500.DE experiences smaller price fluctuations and is considered to be less risky than N1ES.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| E500.DE | N1ES.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.11% | 4.64% | -1.53% |
Volatility (6M)Calculated over the trailing 6-month period | 8.64% | 11.63% | -2.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.77% | 16.59% | -4.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.99% | 20.73% | -4.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.61% | 20.73% | -4.12% |
E500.DE vs. N1ES.DE - Expense Ratio Comparison
E500.DE has a 0.05% expense ratio, which is lower than N1ES.DE's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
E500.DE vs. N1ES.DE - Dividend Comparison
Neither E500.DE nor N1ES.DE has paid dividends to shareholders.
Frequently Asked Questions
E500.DE and N1ES.DE have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, E500.DE is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
E500.DE is cheaper with a 0.05% expense ratio, compared with 0.25% for N1ES.DE.
E500.DE is categorized as S&P 500, while N1ES.DE is Nasdaq-100. E500.DE tracks S&P 500 Index, while N1ES.DE tracks Nasdaq 100® ESG. Their fees differ too: 0.05% for E500.DE and 0.25% for N1ES.DE.
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