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EQJS.L vs. QQQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between EQJS.L and QQQ is 0.55, 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

EQJS.L vs. QQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Nasdaq Next Generation 100 UCITS ETF Acc (EQJS.L) and Invesco QQQ (QQQ). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

EQJS.L:

0.04

QQQ:

0.45

Sortino Ratio

EQJS.L:

0.16

QQQ:

0.81

Omega Ratio

EQJS.L:

1.02

QQQ:

1.11

Calmar Ratio

EQJS.L:

0.02

QQQ:

0.51

Martin Ratio

EQJS.L:

0.07

QQQ:

1.65

Ulcer Index

EQJS.L:

7.49%

QQQ:

6.96%

Daily Std Dev

EQJS.L:

18.47%

QQQ:

25.14%

Max Drawdown

EQJS.L:

-32.10%

QQQ:

-82.98%

Current Drawdown

EQJS.L:

-15.42%

QQQ:

-9.42%

Returns By Period

In the year-to-date period, EQJS.L achieves a -9.98% return, which is significantly lower than QQQ's -4.41% return.


EQJS.L

YTD

-9.98%

1M

8.19%

6M

-8.81%

1Y

0.51%

5Y*

N/A

10Y*

N/A

QQQ

YTD

-4.41%

1M

9.37%

6M

-4.80%

1Y

11.06%

5Y*

17.35%

10Y*

17.24%

*Annualized

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EQJS.L vs. QQQ - Expense Ratio Comparison

EQJS.L has a 0.25% expense ratio, which is higher than QQQ's 0.20% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


Risk-Adjusted Performance

EQJS.L vs. QQQ — Risk-Adjusted Performance Rank

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

EQJS.L
The Risk-Adjusted Performance Rank of EQJS.L is 2020
Overall Rank
The Sharpe Ratio Rank of EQJS.L is 2121
Sharpe Ratio Rank
The Sortino Ratio Rank of EQJS.L is 2020
Sortino Ratio Rank
The Omega Ratio Rank of EQJS.L is 2020
Omega Ratio Rank
The Calmar Ratio Rank of EQJS.L is 2020
Calmar Ratio Rank
The Martin Ratio Rank of EQJS.L is 2020
Martin Ratio Rank

QQQ
The Risk-Adjusted Performance Rank of QQQ is 5757
Overall Rank
The Sharpe Ratio Rank of QQQ is 5454
Sharpe Ratio Rank
The Sortino Ratio Rank of QQQ is 5757
Sortino Ratio Rank
The Omega Ratio Rank of QQQ is 5757
Omega Ratio Rank
The Calmar Ratio Rank of QQQ is 6262
Calmar Ratio Rank
The Martin Ratio Rank of QQQ is 5555
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

EQJS.L vs. QQQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Nasdaq Next Generation 100 UCITS ETF Acc (EQJS.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.


The current EQJS.L Sharpe Ratio is 0.04, which is lower than the QQQ Sharpe Ratio of 0.45. The chart below compares the historical Sharpe Ratios of EQJS.L and QQQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

EQJS.L vs. QQQ - Dividend Comparison

EQJS.L has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.61%.


TTM20242023202220212020201920182017201620152014
EQJS.L
Invesco Nasdaq Next Generation 100 UCITS ETF Acc
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
QQQ
Invesco QQQ
0.61%0.56%0.62%0.80%0.43%0.55%0.74%0.91%0.84%1.06%0.99%1.41%

Drawdowns

EQJS.L vs. QQQ - Drawdown Comparison

The maximum EQJS.L drawdown since its inception was -32.10%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for EQJS.L and QQQ. For additional features, visit the drawdowns tool.


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Volatility

EQJS.L vs. QQQ - Volatility Comparison

Invesco Nasdaq Next Generation 100 UCITS ETF Acc (EQJS.L) has a higher volatility of 9.27% compared to Invesco QQQ (QQQ) at 8.24%. This indicates that EQJS.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.


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