EQQD.L vs. NESP.L
EQQD.L (Invesco Nasdaq-100 Swap UCITS ETF Dist) and NESP.L (Invesco Nasdaq-100 ESG UCITS ETF Acc) are both Nasdaq-100 funds from Invesco tracking the Russell 1000 Growth TR USD. Both are passively managed. Over the past 3 years, EQQD.L returned 24.04%/yr vs 25.30%/yr for NESP.L. With a 0.95 correlation, they move nearly in lockstep. EQQD.L charges 0.20%/yr vs 0.25%/yr for NESP.L.
Performance
EQQD.L vs. NESP.L - Performance Comparison
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Different Trading Currencies
EQQD.L is traded in USD, while NESP.L is traded in GBp. To make them comparable, the NESP.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, EQQD.L achieves a 16.04% return, which is significantly lower than NESP.L's 17.76% return.
EQQD.L
- 1D
- -0.82%
- 1M
- -3.53%
- 6M
- 16.06%
- YTD
- 16.04%
- 1Y
- 28.56%
- 3Y*
- 24.04%
- 5Y*
- 15.52%
- 10Y*
- —
NESP.L
- 1D
- 0.00%
- 1M
- -2.26%
- 6M
- 18.13%
- YTD
- 17.76%
- 1Y
- 31.10%
- 3Y*
- 25.30%
- 5Y*
- —
- 10Y*
- —
EQQD.L vs. NESP.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
EQQD.L Invesco Nasdaq-100 Swap UCITS ETF Dist | 16.04% | 19.91% | 26.74% | 56.64% | -33.32% | 6.98% |
NESP.L Invesco Nasdaq-100 ESG UCITS ETF Acc | 17.76% | 21.29% | 26.52% | 55.94% | -32.55% | -21.84% |
Correlation
The correlation between EQQD.L and NESP.L is 0.95 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.95 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.95 |
Correlation (All Time) Calculated using the full available price history since Oct 25, 2021 | 0.95 |
The correlation between EQQD.L and NESP.L has been stable across timeframes, ranging from 0.95 to 0.95 - a consistent structural relationship.
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Return for Risk
EQQD.L vs. NESP.L — Risk / Return Rank
EQQD.L
NESP.L
EQQD.L vs. NESP.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Nasdaq-100 Swap UCITS ETF Dist (EQQD.L) and Invesco Nasdaq-100 ESG UCITS ETF Acc (NESP.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| EQQD.L | NESP.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.10 | ||
| Sortino ratioReturn per unit of downside risk | -0.07 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.30 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.54 | 2.57 | -0.02 |
| Martin ratioReturn relative to average drawdown | 8.69 | 8.67 | +0.02 |
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Drawdowns
EQQD.L vs. NESP.L - Drawdown Comparison
The maximum EQQD.L drawdown since its inception was -34.95%, smaller than the maximum NESP.L drawdown of -49.60%. Use the drawdown chart below to compare losses from any high point for EQQD.L and NESP.L.
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Drawdown Indicators
| EQQD.L | NESP.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.95% | -49.60% | +14.65% |
Max Drawdown (1Y)Largest decline over 1 year | -11.18% | -12.18% | +1.00% |
Max Drawdown (3Y)Largest decline over 3 years | -22.84% | -23.01% | +0.17% |
Max Drawdown (5Y)Largest decline over 5 years | -34.95% | — | — |
Current DrawdownCurrent decline from peak | -3.82% | -2.82% | -1.00% |
Average DrawdownAverage peak-to-trough decline | -8.95% | -18.77% | +9.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.28% | 3.59% | -0.31% |
Volatility
EQQD.L vs. NESP.L - Volatility Comparison
The current volatility for Invesco Nasdaq-100 Swap UCITS ETF Dist (EQQD.L) is 6.19%, while Invesco Nasdaq-100 ESG UCITS ETF Acc (NESP.L) has a volatility of 6.85%. This indicates that EQQD.L experiences smaller price fluctuations and is considered to be less risky than NESP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EQQD.L | NESP.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.19% | 6.85% | -0.66% |
Volatility (6M)Calculated over the trailing 6-month period | 13.91% | 14.24% | -0.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.40% | 18.07% | -0.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.98% | 24.77% | -3.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.86% | 24.77% | -3.91% |
EQQD.L vs. NESP.L - Expense Ratio Comparison
EQQD.L has a 0.20% expense ratio, which is lower than NESP.L's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
EQQD.L vs. NESP.L - Dividend Comparison
EQQD.L's dividend yield for the trailing twelve months is around 0.59%, while NESP.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
EQQD.L Invesco Nasdaq-100 Swap UCITS ETF Dist | 0.59% | 0.64% | 0.75% | 0.75% | 0.95% | 0.31% |
NESP.L Invesco Nasdaq-100 ESG UCITS ETF Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.95, EQQD.L and NESP.L move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, EQQD.L is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EQQD.L is cheaper with a 0.20% expense ratio, compared with 0.25% for NESP.L.
Both ETFs track Russell 1000 Growth TR USD. Their fees differ too: 0.20% for EQQD.L and 0.25% for NESP.L.
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