EQGB.L vs. CNX1.L
Compare and contrast key facts about Invesco EQQQ Nasdaq-100 UCITS ETF GBP Hdg Acc (EQGB.L) and iShares NASDAQ 100 UCITS ETF USD (Acc) (CNX1.L).
EQGB.L and CNX1.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EQGB.L is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Oct 17, 2017. CNX1.L is a passively managed fund by iShares that tracks the performance of the NASDAQ-100 Index. It was launched on Jan 26, 2010. Both EQGB.L and CNX1.L 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: EQGB.L or CNX1.L.
Performance
EQGB.L vs. CNX1.L - Performance Comparison
Returns By Period
In the year-to-date period, EQGB.L achieves a 21.16% return, which is significantly lower than CNX1.L's 22.53% return.
EQGB.L
21.16%
0.60%
10.45%
29.65%
18.62%
N/A
CNX1.L
22.53%
3.91%
11.09%
27.88%
20.74%
20.21%
Key characteristics
| EQGB.L | CNX1.L | |
|---|---|---|
| Sharpe Ratio | 1.79 | 1.74 |
| Sortino Ratio | 2.43 | 2.39 |
| Omega Ratio | 1.33 | 1.32 |
| Calmar Ratio | 2.44 | 2.27 |
| Martin Ratio | 8.54 | 6.87 |
| Ulcer Index | 3.47% | 4.06% |
| Daily Std Dev | 16.54% | 15.96% |
| Max Drawdown | -36.77% | -27.56% |
| Current Drawdown | -2.92% | -2.05% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
EQGB.L vs. CNX1.L - Expense Ratio Comparison
EQGB.L has a 0.35% expense ratio, which is lower than CNX1.L's 0.36% expense ratio.
Correlation
The correlation between EQGB.L and CNX1.L is 0.92, 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.
Risk-Adjusted Performance
EQGB.L vs. CNX1.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco EQQQ Nasdaq-100 UCITS ETF GBP Hdg Acc (EQGB.L) and iShares NASDAQ 100 UCITS ETF USD (Acc) (CNX1.L). 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
EQGB.L vs. CNX1.L - Dividend Comparison
Neither EQGB.L nor CNX1.L has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
EQGB.L Invesco EQQQ Nasdaq-100 UCITS ETF GBP Hdg Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.04% |
CNX1.L iShares NASDAQ 100 UCITS ETF USD (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
EQGB.L vs. CNX1.L - Drawdown Comparison
The maximum EQGB.L drawdown since its inception was -36.77%, which is greater than CNX1.L's maximum drawdown of -27.56%. Use the drawdown chart below to compare losses from any high point for EQGB.L and CNX1.L. For additional features, visit the drawdowns tool.
Volatility
EQGB.L vs. CNX1.L - Volatility Comparison
Invesco EQQQ Nasdaq-100 UCITS ETF GBP Hdg Acc (EQGB.L) has a higher volatility of 6.31% compared to iShares NASDAQ 100 UCITS ETF USD (Acc) (CNX1.L) at 4.93%. This indicates that EQGB.L's price experiences larger fluctuations and is considered to be riskier than CNX1.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.