EQQJ.L vs. QQQ

Last updated Jul 18, 2026

EQQJ.L (Invesco NASDAQ Next Generation 100 UCITS ETF Acc) and QQQ (Invesco QQQ ETF) are both exchange-traded funds - EQQJ.L is a Mid Cap Growth Equities fund tracking the Nasdaq Next Generation 100 Index, while QQQ is a Nasdaq-100 fund tracking the NASDAQ-100 Index. Both are passively managed. Over the past 5 years, EQQJ.L returned 6.38%/yr vs 14.91%/yr for QQQ. At a 0.49 correlation, their price movements are largely independent. EQQJ.L charges 0.25%/yr vs 0.18%/yr for QQQ.

Performance

EQQJ.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 (EQQJ.L) and Invesco QQQ ETF (QQQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EQQJ.L achieves a 18.08% return, which is significantly higher than QQQ's 13.46% return.

EQQJ.L

• 1D: -0.97%
• 1M: -2.37%
• 6M: 11.24%
• YTD: 18.08%
• 1Y: 34.66%
• 3Y*: 18.25%
• 5Y*: 6.38%
• 10Y*: —

QQQ

• 1D: -1.50%
• 1M: -3.66%
• 6M: 12.19%
• YTD: 13.46%
• 1Y: 24.36%
• 3Y*: 22.41%
• 5Y*: 14.91%
• 10Y*: 20.87%

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

EQQJ.L vs. QQQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
EQQJ.L Invesco NASDAQ Next Generation 100 UCITS ETF Acc	18.08%	20.31%	14.94%	14.56%	-28.82%	1.92%
QQQ Invesco QQQ ETF	13.46%	20.77%	25.58%	54.86%	-32.58%	27.66%

Correlation

The correlation between EQQJ.L and QQQ is 0.56, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.56
Correlation (3Y) Calculated over the trailing 3-year period	0.45
Correlation (5Y) Calculated over the trailing 5-year period	0.49
Correlation (All Time) Calculated using the full available price history since Mar 22, 2021	0.49

The correlation between EQQJ.L and QQQ shifts across timeframes, from 0.45 (3 years) to 0.56 (1 year), reflecting how their relationship changes across market environments.

EQQJ.L vs. QQQ - Sectors Allocation Comparison

Sectors	EQQJ.L	QQQ
Technology	40.4%	58.7%
Healthcare	18.7%	3.7%
Consumer Cyclical	11.3%	11.4%
Industrials	11.1%	2.6%
Communication Services	7.7%	14.3%
Basic Materials	2.6%	1.0%
Consumer Defensive	2.6%	6.4%
Utilities	2.6%	1.2%
Financial Services	2.0%	0.2%
Energy	1.1%	0.5%
Real Estate	-	0.1%

Return for Risk

EQQJ.L vs. QQQ — Risk / Return Rank

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

EQQJ.L

EQQJ.L Risk / Return Rank: 79
EQQJ.L Sharpe Ratio Rank: 80
EQQJ.L Sortino Ratio Rank: 81
EQQJ.L Omega Ratio Rank: 73
EQQJ.L Calmar Ratio Rank: 79
EQQJ.L Martin Ratio Rank: 83

QQQ

QQQ Risk / Return Rank: 47
QQQ Sharpe Ratio Rank: 46
QQQ Sortino Ratio Rank: 42
QQQ Omega Ratio Rank: 43
QQQ Calmar Ratio Rank: 50
QQQ Martin Ratio Rank: 53

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.

EQQJ.L vs. QQQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco NASDAQ Next Generation 100 UCITS ETF Acc (EQQJ.L) and Invesco QQQ ETF (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.

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.

	EQQJ.L	QQQ	Difference
Sharpe ratio: Return per unit of total volatility	1.92	1.31	+0.61
Sortino ratio: Return per unit of downside risk	2.79	1.81	+0.97
Omega ratio: Gain probability vs. loss probability	1.32	1.23	+0.09
Calmar ratio: Return relative to maximum drawdown	3.09	2.05	+1.05
Martin ratio: Return relative to average drawdown	12.04	7.20	+4.84

EQQJ.L vs. QQQ - Sharpe Ratio Comparison

The current EQQJ.L Sharpe Ratio is 1.92, which is higher than the QQQ Sharpe Ratio of 1.31. The chart below compares the historical Sharpe Ratios of EQQJ.L and QQQ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

EQQJ.L vs. QQQ - Drawdown Comparison

The maximum EQQJ.L drawdown since its inception was -38.51%, smaller than the maximum QQQ drawdown of -82.97%. Use the drawdown chart below to compare losses from any high point for EQQJ.L and QQQ.

Drawdown Indicators

	EQQJ.L	QQQ	Difference
Max Drawdown Largest peak-to-trough decline	-38.51%	-82.97%	+44.46%
Max Drawdown (1Y) Largest decline over 1 year	-11.15%	-11.96%	+0.81%
Max Drawdown (3Y) Largest decline over 3 years	-22.96%	-22.77%	-0.19%
Max Drawdown (5Y) Largest decline over 5 years	-38.51%	-35.12%	-3.39%
Max Drawdown (10Y) Largest decline over 10 years	—	-35.12%	—
Current Drawdown Current decline from peak	-4.62%	-6.71%	+2.09%
Average Drawdown Average peak-to-trough decline	-16.35%	-32.65%	+16.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.87%	3.39%	-0.52%

Volatility

EQQJ.L vs. QQQ - Volatility Comparison

The current volatility for Invesco NASDAQ Next Generation 100 UCITS ETF Acc (EQQJ.L) is 4.99%, while Invesco QQQ ETF (QQQ) has a volatility of 7.45%. This indicates that EQQJ.L experiences smaller price fluctuations and is considered to be less risky than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EQQJ.L	QQQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.99%	7.45%	-2.46%
Volatility (6M) Calculated over the trailing 6-month period	14.85%	15.55%	-0.70%
Volatility (1Y) Calculated over the trailing 1-year period	18.04%	18.75%	-0.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.35%	22.81%	-1.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.26%	22.45%	-1.19%

EQQJ.L vs. QQQ - Expense Ratio Comparison

EQQJ.L has a 0.25% expense ratio, which is higher than QQQ's 0.18% 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%.

Dividends

EQQJ.L vs. QQQ - Dividend Comparison

EQQJ.L has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.44%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EQQJ.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 ETF	0.44%	0.45%	0.56%	0.62%	0.80%	0.43%	0.55%	0.74%	0.91%	0.84%	1.06%	0.99%

Frequently Asked Questions

Can I hold both EQQJ.L and QQQ in my portfolio?

EQQJ.L and QQQ have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, EQQJ.L or QQQ?

On fees, QQQ is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EQQJ.L or QQQ?

QQQ is cheaper with a 0.18% expense ratio, compared with 0.25% for EQQJ.L.

What is the main difference between EQQJ.L and QQQ?

EQQJ.L is categorized as Mid Cap Growth Equities, while QQQ is Nasdaq-100. EQQJ.L tracks Nasdaq Next Generation 100 Index, while QQQ tracks NASDAQ-100 Index. Their fees differ too: 0.25% for EQQJ.L and 0.18% for QQQ.