EQQB.DE vs. ESIT.DE
Compare and contrast key facts about Invesco EQQQ Nasdaq-100 UCITS ETF Acc (EQQB.DE) and iShares MSCI Europe Information Technology Sector UCITS ETF EUR (Acc) (ESIT.DE).
EQQB.DE and ESIT.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EQQB.DE is a passively managed fund by Invesco that tracks the performance of the Nasdaq 100®. It was launched on Sep 24, 2018. ESIT.DE is a passively managed fund by iShares that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on Feb 19, 2019. Both EQQB.DE and ESIT.DE 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: EQQB.DE or ESIT.DE.
Key characteristics
| EQQB.DE | ESIT.DE | |
|---|---|---|
| YTD Return | 30.38% | 2.31% |
| 1Y Return | 37.70% | 15.02% |
| Sharpe Ratio | 2.27 | 0.49 |
| Sortino Ratio | 3.00 | 0.80 |
| Omega Ratio | 1.43 | 1.11 |
| Calmar Ratio | 2.80 | 0.61 |
| Martin Ratio | 9.24 | 1.35 |
| Ulcer Index | 4.05% | 8.28% |
| Daily Std Dev | 16.40% | 22.86% |
| Max Drawdown | -26.11% | -38.33% |
| Current Drawdown | 0.00% | -15.81% |
Correlation
The correlation between EQQB.DE and ESIT.DE is 0.80, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
EQQB.DE vs. ESIT.DE - Performance Comparison
In the year-to-date period, EQQB.DE achieves a 30.38% return, which is significantly higher than ESIT.DE's 2.31% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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EQQB.DE vs. ESIT.DE - Expense Ratio Comparison
EQQB.DE has a 0.30% expense ratio, which is higher than ESIT.DE's 0.18% expense ratio.
Risk-Adjusted Performance
EQQB.DE vs. ESIT.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco EQQQ Nasdaq-100 UCITS ETF Acc (EQQB.DE) and iShares MSCI Europe Information Technology Sector UCITS ETF EUR (Acc) (ESIT.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.
Dividends
EQQB.DE vs. ESIT.DE - Dividend Comparison
Neither EQQB.DE nor ESIT.DE has paid dividends to shareholders.
Drawdowns
EQQB.DE vs. ESIT.DE - Drawdown Comparison
The maximum EQQB.DE drawdown since its inception was -26.11%, smaller than the maximum ESIT.DE drawdown of -38.33%. Use the drawdown chart below to compare losses from any high point for EQQB.DE and ESIT.DE. For additional features, visit the drawdowns tool.
Volatility
EQQB.DE vs. ESIT.DE - Volatility Comparison
The current volatility for Invesco EQQQ Nasdaq-100 UCITS ETF Acc (EQQB.DE) is 4.55%, while iShares MSCI Europe Information Technology Sector UCITS ETF EUR (Acc) (ESIT.DE) has a volatility of 9.57%. This indicates that EQQB.DE experiences smaller price fluctuations and is considered to be less risky than ESIT.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.