EQGB.L vs. QQQO.L

Last updated Jun 6, 2026

EQGB.L (Invesco EQQQ Nasdaq-100 UCITS ETF GBP Hdg Acc) and QQQO.L (IncomeShares Nasdaq 100 Options (0DTE) ETP GBP) are both Nasdaq-100 funds. EQGB.L is passively managed, while QQQO.L is actively managed. EQGB.L charges 0.35%/yr vs 0.45%/yr for QQQO.L.

Performance

EQGB.L vs. QQQO.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Invesco EQQQ Nasdaq-100 UCITS ETF GBP Hdg Acc (EQGB.L) and IncomeShares Nasdaq 100 Options (0DTE) ETP GBP (QQQO.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

EQGB.L

• 1D: -2.40%
• 1M: 4.21%
• YTD: 16.01%
• 6M: 15.05%
• 1Y: 34.69%
• 3Y*: 26.53%
• 5Y*: 15.79%
• 10Y*: —

QQQO.L

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

EQGB.L vs. QQQO.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EQGB.L

EQGB.L Risk / Return Rank: 69
EQGB.L Sharpe Ratio Rank: 72
EQGB.L Sortino Ratio Rank: 72
EQGB.L Omega Ratio Rank: 68
EQGB.L Calmar Ratio Rank: 66
EQGB.L Martin Ratio Rank: 65

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EQGB.L vs. QQQO.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 IncomeShares Nasdaq 100 Options (0DTE) ETP GBP (QQQO.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.

	EQGB.L	QQQO.L	Difference
Sharpe ratio: Return per unit of total volatility	2.16	—	—
Sortino ratio: Return per unit of downside risk	3.01	—	—
Omega ratio: Gain probability vs. loss probability	1.37	—	—
Calmar ratio: Return relative to maximum drawdown	3.05	—	—
Martin ratio: Return relative to average drawdown	10.91	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	EQGB.L	QQQO.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.16	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.75	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.93	—	—

Drawdowns

Drawdown Indicators

	EQGB.L	QQQO.L	Difference
Max Drawdown Largest peak-to-trough decline	-36.77%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-11.33%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-22.76%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-36.77%	—	—
Current Drawdown Current decline from peak	-3.19%	—	—
Average Drawdown Average peak-to-trough decline	-7.45%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	3.17%	—	—

Volatility

Volatility by Period

	EQGB.L	QQQO.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.51%	—	—
Volatility (6M) Calculated over the trailing 6-month period	12.15%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	16.01%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.97%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.25%	—	—

EQGB.L vs. QQQO.L - Expense Ratio Comparison

EQGB.L has a 0.35% expense ratio, which is lower than QQQO.L's 0.45% expense ratio.

Dividends

EQGB.L vs. QQQO.L - Dividend Comparison

Neither EQGB.L nor QQQO.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%
QQQO.L IncomeShares Nasdaq 100 Options (0DTE) ETP GBP	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, EQGB.L or QQQO.L?

On fees, EQGB.L is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EQGB.L or QQQO.L?

EQGB.L is cheaper with a 0.35% expense ratio, compared with 0.45% for QQQO.L.

What is the main difference between EQGB.L and QQQO.L?

They also come from different issuers: Invesco and Leverage Shares. Their fees differ too: 0.35% for EQGB.L and 0.45% for QQQO.L.