EQGB.L vs. QQQ
Compare and contrast key facts about Invesco EQQQ Nasdaq-100 UCITS ETF GBP Hdg Acc (EQGB.L) and Invesco QQQ (QQQ).
EQGB.L and QQQ 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. 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 EQGB.L 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EQGB.L or QQQ.
Performance
EQGB.L vs. QQQ - Performance Comparison
Returns By Period
The year-to-date returns for both investments are quite close, with EQGB.L having a 21.16% return and QQQ slightly higher at 21.78%.
EQGB.L
21.16%
0.60%
10.45%
29.65%
18.62%
N/A
QQQ
21.78%
1.15%
10.25%
29.54%
20.42%
17.95%
Key characteristics
| EQGB.L | QQQ | |
|---|---|---|
| Sharpe Ratio | 1.79 | 1.70 |
| Sortino Ratio | 2.43 | 2.29 |
| Omega Ratio | 1.33 | 1.31 |
| Calmar Ratio | 2.44 | 2.19 |
| Martin Ratio | 8.54 | 7.96 |
| Ulcer Index | 3.47% | 3.72% |
| Daily Std Dev | 16.54% | 17.39% |
| Max Drawdown | -36.77% | -82.98% |
| Current Drawdown | -2.92% | -3.42% |
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EQGB.L vs. QQQ - Expense Ratio Comparison
EQGB.L has a 0.35% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Correlation
The correlation between EQGB.L and QQQ is 0.60, 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.
Risk-Adjusted Performance
EQGB.L vs. QQQ - 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 Invesco QQQ (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.
Dividends
EQGB.L vs. QQQ - Dividend Comparison
EQGB.L has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.61%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EQGB.L Invesco EQQQ Nasdaq-100 UCITS ETF GBP Hdg Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.04% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.61% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.02% |
Drawdowns
EQGB.L vs. QQQ - Drawdown Comparison
The maximum EQGB.L drawdown since its inception was -36.77%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for EQGB.L and QQQ. For additional features, visit the drawdowns tool.
Volatility
EQGB.L vs. QQQ - Volatility Comparison
Invesco EQQQ Nasdaq-100 UCITS ETF GBP Hdg Acc (EQGB.L) has a higher volatility of 6.31% compared to Invesco QQQ (QQQ) at 5.62%. This indicates that EQGB.L's price experiences larger fluctuations and is considered to be riskier than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.