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EL42.DE vs. QQQ
Performance
Return for Risk
Dividends
Drawdowns
Volatility

EL42.DE vs. QQQ

Last updated Apr 3, 2026

Compare and contrast key facts about Deka MSCI Europe UCITS ETF (EL42.DE) and Invesco QQQ ETF (QQQ).

EL42.DE and QQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EL42.DE is a passively managed fund by Deka that tracks the performance of the MSCI Europe. It was launched on Jun 9, 2009. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999. Both EL42.DE and QQQ are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

EL42.DE vs. QQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Deka MSCI Europe UCITS ETF (EL42.DE) and Invesco QQQ ETF (QQQ). The values are adjusted to include any dividend payments, if applicable.

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EL42.DE vs. QQQ - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
EL42.DE
Deka MSCI Europe UCITS ETF		1.49%20.03%7.79%15.64%-9.11%24.38%-3.36%27.36%-10.93%10.10%
QQQ
Invesco QQQ ETF		-2.93%6.44%33.87%50.21%-28.40%36.95%36.37%42.10%4.56%16.36%
Different Trading Currencies

EL42.DE is traded in EUR, while QQQ is traded in USD. To make them comparable, the QQQ values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, EL42.DE achieves a 1.49% return, which is significantly higher than QQQ's -3.30% return. Over the past 10 years, EL42.DE has underperformed QQQ with an annualized return of 8.73%, while QQQ has yielded a comparatively higher 18.85% annualized return.

EL42.DE

1D
-0.10%
1M
-0.86%
YTD
1.49%
6M
5.88%
1Y
13.89%
3Y*
11.97%
5Y*
9.61%
10Y*
8.73%

QQQ

1D
0.00%
1M
-2.38%
YTD
-3.30%
6M
-2.02%
1Y
15.43%
3Y*
20.52%
5Y*
13.56%
10Y*
18.85%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Deka MSCI Europe UCITS ETF

Invesco QQQ ETF

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Often compared with QQQ:
QQQ vs. SPYQQQ vs. VOOQQQ vs. VGTQQQ vs. TQQQQQQ vs. QQQMQQQ vs. SMHQQQ vs. VUG

EL42.DE vs. QQQ - Expense Ratio Comparison

EL42.DE has a 0.30% expense ratio, which is higher than QQQ's 0.18% expense ratio.

EL42.DE
Deka MSCI Europe UCITS ETF
QQQ
Invesco QQQ ETF

Return for Risk

EL42.DE vs. QQQ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
EL42.DE
EL42.DE Risk / Return Rank: 5050
Overall Rank
EL42.DE Sharpe Ratio Rank: 4747
Sharpe Ratio Rank
EL42.DE Sortino Ratio Rank: 4242
Sortino Ratio Rank
EL42.DE Omega Ratio Rank: 4848
Omega Ratio Rank
EL42.DE Calmar Ratio Rank: 5757
Calmar Ratio Rank
EL42.DE Martin Ratio Rank: 5959
Martin Ratio Rank
QQQ
QQQ Risk / Return Rank: 5959
Overall Rank
QQQ Sharpe Ratio Rank: 5454
Sharpe Ratio Rank
QQQ Sortino Ratio Rank: 5959
Sortino Ratio Rank
QQQ Omega Ratio Rank: 5858
Omega Ratio Rank
QQQ Calmar Ratio Rank: 6565
Calmar Ratio Rank
QQQ Martin Ratio Rank: 6161
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EL42.DE vs. QQQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Deka MSCI Europe UCITS ETF (EL42.DE) and Invesco QQQ ETF (QQQ). 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.

EL42.DEQQQDifference

Sharpe ratio

Return per unit of total volatility

0.91

0.62

+0.29

Sortino ratio

Return per unit of downside risk

1.25

1.03

+0.22

Omega ratio

Gain probability vs. loss probability

1.20

1.15

+0.04

Calmar ratio

Return relative to maximum drawdown

1.76

1.10

+0.66

Martin ratio

Return relative to average drawdown

7.05

3.70

+3.35

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EL42.DE vs. QQQ - Sharpe Ratio Comparison

The current EL42.DE Sharpe Ratio is 0.91, which is higher than the QQQ Sharpe Ratio of 0.62. The chart below compares the historical Sharpe Ratios of EL42.DE and QQQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Sharpe Ratios by Period

EL42.DEQQQDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.91

0.62

+0.29

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.68

0.62

+0.06

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.56

0.84

-0.27

Sharpe Ratio (All Time)

Calculated using the full available price history

0.58

0.72

-0.14

Correlation

The correlation between EL42.DE and QQQ is 0.37, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

EL42.DE vs. QQQ - Dividend Comparison

EL42.DE's dividend yield for the trailing twelve months is around 2.28%, more than QQQ's 0.48% yield.

TTM20252024202320222021202020192018201720162015
EL42.DE
Deka MSCI Europe UCITS ETF		2.28%2.31%2.64%2.59%2.78%2.09%1.94%2.76%3.41%2.72%3.00%2.69%
QQQ
Invesco QQQ ETF		0.48%0.45%0.56%0.62%0.80%0.43%0.55%0.74%0.91%0.84%1.06%0.99%

Drawdowns

EL42.DE vs. QQQ - Drawdown Comparison

The maximum EL42.DE drawdown since its inception was -35.85%, smaller than the maximum QQQ drawdown of -46.01%. Use the drawdown chart below to compare losses from any high point for EL42.DE and QQQ.

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Drawdown Indicators

EL42.DEQQQDifference

Max Drawdown

Largest peak-to-trough decline

-35.85%

-82.97%

+47.12%

Max Drawdown (1Y)

Largest decline over 1 year

-10.05%

-11.96%

+1.91%

Max Drawdown (5Y)

Largest decline over 5 years

-19.44%

-35.12%

+15.68%

Max Drawdown (10Y)

Largest decline over 10 years

-35.85%

-35.12%

-0.73%

Current Drawdown

Current decline from peak

-5.44%

-7.75%

+2.31%

Average Drawdown

Average peak-to-trough decline

-5.35%

-32.98%

+27.63%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.39%

3.48%

-1.09%

Volatility

EL42.DE vs. QQQ - Volatility Comparison

Deka MSCI Europe UCITS ETF (EL42.DE) and Invesco QQQ ETF (QQQ) have volatilities of 5.68% and 5.47%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

EL42.DEQQQDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.68%

5.47%

+0.21%

Volatility (6M)

Calculated over the trailing 6-month period

9.03%

13.05%

-4.02%

Volatility (1Y)

Calculated over the trailing 1-year period

15.14%

24.85%

-9.71%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.04%

22.03%

-7.99%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.52%

22.61%

-7.09%