EQAC.MI vs. XNAS.DE
Compare and contrast key facts about Invesco EQQQ NASDAQ-100 UCITS ETF Acc (EQAC.MI) and Xtrackers Nasdaq 100 UCITS ETF 1C (XNAS.DE).
EQAC.MI and XNAS.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EQAC.MI is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Sep 24, 2018. XNAS.DE is a passively managed fund by Xtrackers that tracks the performance of the Nasdaq 100®. It was launched on Jan 21, 2021. Both EQAC.MI and XNAS.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EQAC.MI or XNAS.DE.
Key characteristics
| EQAC.MI | XNAS.DE | |
|---|---|---|
| YTD Return | 31.27% | 30.53% |
| 1Y Return | 37.54% | 37.85% |
| Sharpe Ratio | 2.19 | 2.26 |
| Sortino Ratio | 2.91 | 3.00 |
| Omega Ratio | 1.41 | 1.42 |
| Calmar Ratio | 2.71 | 2.80 |
| Martin Ratio | 9.02 | 9.28 |
| Ulcer Index | 4.02% | 4.05% |
| Daily Std Dev | 16.44% | 16.53% |
| Max Drawdown | -38.46% | -26.13% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between EQAC.MI and XNAS.DE is 0.96, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
EQAC.MI vs. XNAS.DE - Performance Comparison
The year-to-date returns for both stocks are quite close, with EQAC.MI having a 31.27% return and XNAS.DE slightly lower at 30.53%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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EQAC.MI vs. XNAS.DE - Expense Ratio Comparison
EQAC.MI has a 0.30% expense ratio, which is higher than XNAS.DE's 0.20% expense ratio.
Risk-Adjusted Performance
EQAC.MI vs. XNAS.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco EQQQ NASDAQ-100 UCITS ETF Acc (EQAC.MI) and Xtrackers Nasdaq 100 UCITS ETF 1C (XNAS.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.
Dividends
EQAC.MI vs. XNAS.DE - Dividend Comparison
Neither EQAC.MI nor XNAS.DE has paid dividends to shareholders.
Drawdowns
EQAC.MI vs. XNAS.DE - Drawdown Comparison
The maximum EQAC.MI drawdown since its inception was -38.46%, which is greater than XNAS.DE's maximum drawdown of -26.13%. Use the drawdown chart below to compare losses from any high point for EQAC.MI and XNAS.DE. For additional features, visit the drawdowns tool.
Volatility
EQAC.MI vs. XNAS.DE - Volatility Comparison
Invesco EQQQ NASDAQ-100 UCITS ETF Acc (EQAC.MI) and Xtrackers Nasdaq 100 UCITS ETF 1C (XNAS.DE) have volatilities of 4.56% and 4.58%, 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.