EQGB.L vs. NESP.L
EQGB.L (Invesco EQQQ Nasdaq-100 UCITS ETF GBP Hdg Acc) and NESP.L (Invesco Nasdaq-100 ESG UCITS ETF Acc) are both Nasdaq-100 funds from Invesco - EQGB.L tracks the NASDAQ-100 Index while NESP.L tracks the Russell 1000 Growth TR USD. Both are passively managed. Over the past 3 years, EQGB.L returned 23.21%/yr vs 24.39%/yr for NESP.L. Their correlation of 0.88 suggests significant overlap in exposure. EQGB.L charges 0.35%/yr vs 0.25%/yr for NESP.L.
Performance
EQGB.L vs. NESP.L - Performance Comparison
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Returns By Period
In the year-to-date period, EQGB.L achieves a 15.19% return, which is significantly lower than NESP.L's 18.42% return.
EQGB.L
- 1D
- -0.71%
- 1M
- -3.43%
- 6M
- 15.41%
- YTD
- 15.19%
- 1Y
- 27.37%
- 3Y*
- 23.21%
- 5Y*
- 14.06%
- 10Y*
- —
NESP.L
- 1D
- 0.00%
- 1M
- -2.03%
- 6M
- 18.65%
- YTD
- 18.42%
- 1Y
- 31.08%
- 3Y*
- 24.39%
- 5Y*
- —
- 10Y*
- —
EQGB.L vs. NESP.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
EQGB.L Invesco EQQQ Nasdaq-100 UCITS ETF GBP Hdg Acc | 15.19% | 19.59% | 26.12% | 53.92% | -35.07% | 6.75% |
NESP.L Invesco Nasdaq-100 ESG UCITS ETF Acc | 18.42% | 12.78% | 28.66% | 48.13% | -24.48% | -20.50% |
Correlation
The correlation between EQGB.L and NESP.L is 0.89, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.89 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.88 |
Correlation (All Time) Calculated using the full available price history since Oct 25, 2021 | 0.88 |
The correlation between EQGB.L and NESP.L has been stable across timeframes, ranging from 0.88 to 0.89 - a consistent structural relationship.
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Return for Risk
EQGB.L vs. NESP.L — Risk / Return Rank
EQGB.L
NESP.L
EQGB.L vs. NESP.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco EQQQ Nasdaq-100 UCITS ETF GBP Hdg Acc (EQGB.L) and Invesco Nasdaq-100 ESG UCITS ETF Acc (NESP.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.
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.
| EQGB.L | NESP.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.22 | ||
| Sortino ratioReturn per unit of downside risk | -0.15 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.32 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 2.41 | 2.61 | -0.20 |
| Martin ratioReturn relative to average drawdown | 8.06 | 7.15 | +0.91 |
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Drawdowns
EQGB.L vs. NESP.L - Drawdown Comparison
The maximum EQGB.L drawdown since its inception was -36.77%, smaller than the maximum NESP.L drawdown of -40.98%. Use the drawdown chart below to compare losses from any high point for EQGB.L and NESP.L.
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Drawdown Indicators
| EQGB.L | NESP.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.77% | -40.98% | +4.21% |
Max Drawdown (1Y)Largest decline over 1 year | -11.33% | -11.96% | +0.63% |
Max Drawdown (3Y)Largest decline over 3 years | -22.76% | -24.75% | +1.99% |
Max Drawdown (5Y)Largest decline over 5 years | -36.77% | — | — |
Current DrawdownCurrent decline from peak | -3.88% | -3.11% | -0.77% |
Average DrawdownAverage peak-to-trough decline | -7.40% | -15.66% | +8.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.39% | 4.36% | -0.97% |
Volatility
EQGB.L vs. NESP.L - Volatility Comparison
The current volatility for Invesco EQQQ Nasdaq-100 UCITS ETF GBP Hdg Acc (EQGB.L) is 5.88%, while Invesco Nasdaq-100 ESG UCITS ETF Acc (NESP.L) has a volatility of 6.70%. This indicates that EQGB.L experiences smaller price fluctuations and is considered to be less risky than NESP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EQGB.L | NESP.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.88% | 6.70% | -0.82% |
Volatility (6M)Calculated over the trailing 6-month period | 13.78% | 13.39% | +0.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.33% | 17.50% | -0.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.20% | 23.55% | -2.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.26% | 23.55% | -2.29% |
EQGB.L vs. NESP.L - Expense Ratio Comparison
EQGB.L has a 0.35% expense ratio, which is higher than NESP.L's 0.25% expense ratio.
Dividends
EQGB.L vs. NESP.L - Dividend Comparison
Neither EQGB.L nor NESP.L has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 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% | 0.00% | 0.00% | 4.16% |
NESP.L Invesco Nasdaq-100 ESG UCITS ETF Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
EQGB.L and NESP.L have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, NESP.L is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
NESP.L is cheaper with a 0.25% expense ratio, compared with 0.35% for EQGB.L.
EQGB.L tracks NASDAQ-100 Index, while NESP.L tracks Russell 1000 Growth TR USD. Their fees differ too: 0.35% for EQGB.L and 0.25% for NESP.L.
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