EQQB.DE vs. CLOA.DE
EQQB.DE (Invesco EQQQ Nasdaq-100 UCITS ETF Acc) and CLOA.DE (Invesco EUR AAA CLO UCITS ETF Acc) are both exchange-traded funds - EQQB.DE is a Nasdaq-100 fund tracking the Nasdaq 100®, while CLOA.DE is a CLO fund tracking the J.P. Morgan European Collateralized Loan Obligation AAA-only Index. Both are passively managed. Over the past year, EQQB.DE returned 36.95% vs 3.48% for CLOA.DE. At a correlation of -0.08, they often move in opposite directions. EQQB.DE charges 0.30%/yr vs 0.25%/yr for CLOA.DE.
Performance
EQQB.DE vs. CLOA.DE - Performance Comparison
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Returns By Period
In the year-to-date period, EQQB.DE achieves a 20.54% return, which is significantly higher than CLOA.DE's 1.37% return.
EQQB.DE
- 1D
- -0.82%
- 1M
- 7.97%
- YTD
- 20.54%
- 6M
- 18.70%
- 1Y
- 36.95%
- 3Y*
- 24.52%
- 5Y*
- —
- 10Y*
- —
CLOA.DE
- 1D
- 0.11%
- 1M
- 0.34%
- YTD
- 1.37%
- 6M
- 1.83%
- 1Y
- 3.48%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EQQB.DE vs. CLOA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
EQQB.DE Invesco EQQQ Nasdaq-100 UCITS ETF Acc | 20.54% | 3.56% |
CLOA.DE Invesco EUR AAA CLO UCITS ETF Acc | 1.37% | 2.88% |
Correlation
The correlation between EQQB.DE and CLOA.DE is -0.18, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.18 |
Correlation (All Time) Calculated using the full available price history since Feb 14, 2025 | -0.08 |
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Return for Risk
EQQB.DE vs. CLOA.DE — Risk / Return Rank
EQQB.DE
CLOA.DE
EQQB.DE vs. CLOA.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco EQQQ Nasdaq-100 UCITS ETF Acc (EQQB.DE) and Invesco EUR AAA CLO UCITS ETF Acc (CLOA.DE). 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.
| EQQB.DE | CLOA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.29 | ||
| Sortino ratioReturn per unit of downside risk | -0.92 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.55 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 3.73 | 11.09 | -7.36 |
| Martin ratioReturn relative to average drawdown | 11.10 | 35.06 | -23.96 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| EQQB.DE | CLOA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.39 | 2.68 | -0.29 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.97 | 2.31 | -1.34 |
Drawdowns
EQQB.DE vs. CLOA.DE - Drawdown Comparison
The maximum EQQB.DE drawdown since its inception was -26.59%, which is greater than CLOA.DE's maximum drawdown of -0.49%. Use the drawdown chart below to compare losses from any high point for EQQB.DE and CLOA.DE.
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Drawdown Indicators
| EQQB.DE | CLOA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.59% | -0.49% | -26.10% |
Max Drawdown (1Y)Largest decline over 1 year | -10.08% | -0.31% | -9.77% |
Max Drawdown (3Y)Largest decline over 3 years | -26.59% | — | — |
Current DrawdownCurrent decline from peak | -0.82% | -0.02% | -0.80% |
Average DrawdownAverage peak-to-trough decline | -6.77% | -0.09% | -6.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.39% | 0.10% | +3.29% |
Volatility
EQQB.DE vs. CLOA.DE - Volatility Comparison
Invesco EQQQ Nasdaq-100 UCITS ETF Acc (EQQB.DE) has a higher volatility of 4.38% compared to Invesco EUR AAA CLO UCITS ETF Acc (CLOA.DE) at 0.43%. This indicates that EQQB.DE's price experiences larger fluctuations and is considered to be riskier than CLOA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EQQB.DE | CLOA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.38% | 0.43% | +3.95% |
Volatility (6M)Calculated over the trailing 6-month period | 10.99% | 0.95% | +10.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.73% | 1.30% | +14.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.97% | 1.42% | +18.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.97% | 1.42% | +18.55% |
EQQB.DE vs. CLOA.DE - Expense Ratio Comparison
EQQB.DE has a 0.30% expense ratio, which is higher than CLOA.DE's 0.25% expense ratio.
Dividends
EQQB.DE vs. CLOA.DE - Dividend Comparison
Neither EQQB.DE nor CLOA.DE has paid dividends to shareholders.
Frequently Asked Questions
EQQB.DE and CLOA.DE have a correlation of -0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CLOA.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CLOA.DE is cheaper with a 0.25% expense ratio, compared with 0.30% for EQQB.DE.
EQQB.DE is categorized as Nasdaq-100, while CLOA.DE is CLO. EQQB.DE tracks Nasdaq 100®, while CLOA.DE tracks J.P. Morgan European Collateralized Loan Obligation AAA-only Index. Their fees differ too: 0.30% for EQQB.DE and 0.25% for CLOA.DE.
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