EQGB.L vs. KLWD.L
Compare and contrast key facts about Invesco EQQQ Nasdaq-100 UCITS ETF GBP Hdg Acc (EQGB.L) and WisdomTree Cloud Computing UCITS ETF - USD Acc (KLWD.L).
EQGB.L and KLWD.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. KLWD.L is a passively managed fund by WisdomTree that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on Sep 6, 2019. Both EQGB.L and KLWD.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 KLWD.L.
Key characteristics
| EQGB.L | KLWD.L | |
|---|---|---|
| YTD Return | 9.69% | -6.30% |
| 1Y Return | 34.09% | 14.39% |
| 3Y Return (Ann) | 10.32% | -7.58% |
| Sharpe Ratio | 2.09 | 0.56 |
| Daily Std Dev | 16.21% | 25.90% |
| Max Drawdown | -36.77% | -59.18% |
| Current Drawdown | -0.44% | -45.93% |
Correlation
The correlation between EQGB.L and KLWD.L is 0.69, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
EQGB.L vs. KLWD.L - Performance Comparison
In the year-to-date period, EQGB.L achieves a 9.69% return, which is significantly higher than KLWD.L's -6.30% return. 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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EQGB.L vs. KLWD.L - Expense Ratio Comparison
EQGB.L has a 0.35% expense ratio, which is lower than KLWD.L's 0.40% expense ratio.
Risk-Adjusted Performance
EQGB.L vs. KLWD.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 WisdomTree Cloud Computing UCITS ETF - USD Acc (KLWD.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. KLWD.L - Dividend Comparison
Neither EQGB.L nor KLWD.L has paid dividends to shareholders.
Drawdowns
EQGB.L vs. KLWD.L - Drawdown Comparison
The maximum EQGB.L drawdown since its inception was -36.77%, smaller than the maximum KLWD.L drawdown of -59.18%. Use the drawdown chart below to compare losses from any high point for EQGB.L and KLWD.L. For additional features, visit the drawdowns tool.
Volatility
EQGB.L vs. KLWD.L - Volatility Comparison
Invesco EQQQ Nasdaq-100 UCITS ETF GBP Hdg Acc (EQGB.L) and WisdomTree Cloud Computing UCITS ETF - USD Acc (KLWD.L) have volatilities of 6.73% and 6.66%, 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.