EHBA.DE vs. EQQX.DE
EHBA.DE (Invesco Euro Corporate Hybrid Bond UCITS ETF Acc) and EQQX.DE (Invesco Nasdaq-100 Swap UCITS ETF Acc) are both exchange-traded funds - EHBA.DE is a European Corporate Bonds fund tracking the Bloomberg Euro Universal Corporate ex Financials Hybrid Capital Securities 8% Capped Bond Index, while EQQX.DE is a Nasdaq-100 fund tracking the Nasdaq 100®. Both are passively managed. Over the past 5 years, EHBA.DE returned 1.96%/yr vs 16.51%/yr for EQQX.DE. At a 0.40 correlation, their price movements are largely independent. EHBA.DE charges 0.39%/yr vs 0.20%/yr for EQQX.DE.
Performance
EHBA.DE vs. EQQX.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EHBA.DE achieves a 1.67% return, which is significantly lower than EQQX.DE's 19.18% return.
EHBA.DE
- 1D
- 0.09%
- 1M
- 0.76%
- 6M
- 1.90%
- YTD
- 1.67%
- 1Y
- 3.82%
- 3Y*
- 8.32%
- 5Y*
- 1.96%
- 10Y*
- —
EQQX.DE
- 1D
- 0.00%
- 1M
- -2.00%
- 6M
- 20.51%
- YTD
- 19.18%
- 1Y
- 33.29%
- 3Y*
- 23.42%
- 5Y*
- 16.51%
- 10Y*
- —
EHBA.DE vs. EQQX.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
EHBA.DE Invesco Euro Corporate Hybrid Bond UCITS ETF Acc | 1.67% | 5.24% | 10.78% | 9.40% | -14.85% | 0.34% |
EQQX.DE Invesco Nasdaq-100 Swap UCITS ETF Acc | 19.18% | 7.13% | 33.88% | 51.62% | -29.90% | 24.77% |
Correlation
The correlation between EHBA.DE and EQQX.DE is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.42 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.35 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.41 |
Correlation (All Time) Calculated using the full available price history since Apr 14, 2021 | 0.40 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
EHBA.DE vs. EQQX.DE — Risk / Return Rank
EHBA.DE
EQQX.DE
EHBA.DE vs. EQQX.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Euro Corporate Hybrid Bond UCITS ETF Acc (EHBA.DE) and Invesco Nasdaq-100 Swap UCITS ETF Acc (EQQX.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.
| EHBA.DE | EQQX.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.30 | ||
| Sortino ratioReturn per unit of downside risk | -0.55 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.33 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 1.02 | 1.66 | -0.64 |
| Martin ratioReturn relative to average drawdown | 3.64 | 3.16 | +0.48 |
Loading charts...
Drawdowns
EHBA.DE vs. EQQX.DE - Drawdown Comparison
The maximum EHBA.DE drawdown since its inception was -20.61%, smaller than the maximum EQQX.DE drawdown of -31.17%. Use the drawdown chart below to compare losses from any high point for EHBA.DE and EQQX.DE.
Loading charts...
Drawdown Indicators
| EHBA.DE | EQQX.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.61% | -31.17% | +10.56% |
Max Drawdown (1Y)Largest decline over 1 year | -3.72% | -20.09% | +16.37% |
Max Drawdown (3Y)Largest decline over 3 years | -3.72% | -26.80% | +23.08% |
Max Drawdown (5Y)Largest decline over 5 years | -20.61% | -31.17% | +10.56% |
Current DrawdownCurrent decline from peak | -0.28% | -2.51% | +2.23% |
Average DrawdownAverage peak-to-trough decline | -5.52% | -8.93% | +3.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.05% | 10.54% | -9.49% |
Volatility
EHBA.DE vs. EQQX.DE - Volatility Comparison
The current volatility for Invesco Euro Corporate Hybrid Bond UCITS ETF Acc (EHBA.DE) is 1.12%, while Invesco Nasdaq-100 Swap UCITS ETF Acc (EQQX.DE) has a volatility of 6.60%. This indicates that EHBA.DE experiences smaller price fluctuations and is considered to be less risky than EQQX.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EHBA.DE | EQQX.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.12% | 6.60% | -5.48% |
Volatility (6M)Calculated over the trailing 6-month period | 3.66% | 12.32% | -8.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.16% | 27.34% | -23.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.03% | 22.18% | -17.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.83% | 21.94% | -17.11% |
EHBA.DE vs. EQQX.DE - Expense Ratio Comparison
EHBA.DE has a 0.39% expense ratio, which is higher than EQQX.DE's 0.20% expense ratio.
Dividends
EHBA.DE vs. EQQX.DE - Dividend Comparison
Neither EHBA.DE nor EQQX.DE has paid dividends to shareholders.
Frequently Asked Questions
EHBA.DE and EQQX.DE have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EQQX.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EQQX.DE is cheaper with a 0.20% expense ratio, compared with 0.39% for EHBA.DE.
EHBA.DE is categorized as European Corporate Bonds, while EQQX.DE is Nasdaq-100. EHBA.DE tracks Bloomberg Euro Universal Corporate ex Financials Hybrid Capital Securities 8% Capped Bond Index, while EQQX.DE tracks Nasdaq 100®. Their fees differ too: 0.39% for EHBA.DE and 0.20% for EQQX.DE.
Find the right allocation for EHBA.DE and EQQX.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer