EQQJ.L vs. SGLS.L

Last updated Apr 2, 2026

Compare and contrast key facts about Invesco NASDAQ Next Generation 100 UCITS ETF Acc (EQQJ.L) and Invesco Physical Gold GBP Hedged ETC (SGLS.L).

EQQJ.L and SGLS.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EQQJ.L is a passively managed fund by Invesco that tracks the performance of the Nasdaq Next Generation 100 Index. It was launched on Mar 22, 2021. SGLS.L is a passively managed fund by Invesco that tracks the performance of the Gold (GBP Hedged). It was launched on Jul 9, 2020. Both EQQJ.L and SGLS.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

EQQJ.L vs. SGLS.L - 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 Physical Gold GBP Hedged ETC (SGLS.L). The values are adjusted to include any dividend payments, if applicable.

EQQJ.L vs. SGLS.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
EQQJ.L Invesco NASDAQ Next Generation 100 UCITS ETF Acc	-0.29%	20.32%	14.94%	14.55%	-28.82%	1.92%
SGLS.L Invesco Physical Gold GBP Hedged ETC	9.08%	76.07%	22.71%	17.37%	-11.75%	0.70%

Different Trading Currencies

EQQJ.L is traded in USD, while SGLS.L is traded in GBp. To make them comparable, the SGLS.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, EQQJ.L achieves a -0.29% return, which is significantly lower than SGLS.L's 9.08% return.

EQQJ.L

• 1D: 4.32%
• 1M: -2.03%
• YTD: -0.29%
• 6M: 3.01%
• 1Y: 27.44%
• 3Y*: 13.91%
• 5Y*: 3.38%
• 10Y*: —

SGLS.L

• 1D: 4.19%
• 1M: -10.65%
• YTD: 9.08%
• 6M: 21.27%
• 1Y: 55.08%
• 3Y*: 35.92%
• 5Y*: 20.60%
• 10Y*: —

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

EQQJ.L vs. SGLS.L - Expense Ratio Comparison

EQQJ.L has a 0.25% expense ratio, which is lower than SGLS.L's 0.34% expense ratio.

SGLS.L

Invesco Physical Gold GBP Hedged ETC

EQQJ.L

Invesco NASDAQ Next Generation 100 UCITS ETF Acc

Return for Risk

EQQJ.L vs. SGLS.L — 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: 72
EQQJ.L Sharpe Ratio Rank: 71
EQQJ.L Sortino Ratio Rank: 72
EQQJ.L Omega Ratio Rank: 66
EQQJ.L Calmar Ratio Rank: 77
EQQJ.L Martin Ratio Rank: 77

SGLS.L

SGLS.L Risk / Return Rank: 87
SGLS.L Sharpe Ratio Rank: 88
SGLS.L Sortino Ratio Rank: 87
SGLS.L Omega Ratio Rank: 85
SGLS.L Calmar Ratio Rank: 87
SGLS.L Martin Ratio Rank: 87

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. SGLS.L - 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 Physical Gold GBP Hedged ETC (SGLS.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.

	EQQJ.L	SGLS.L	Difference
Sharpe ratio Return per unit of total volatility	1.34	1.88	-0.53
Sortino ratio Return per unit of downside risk	1.92	2.37	-0.45
Omega ratio Gain probability vs. loss probability	1.26	1.32	-0.06
Calmar ratio Return relative to maximum drawdown	2.40	2.69	-0.28
Martin ratio Return relative to average drawdown	9.46	9.61	-0.15
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EQQJ.L vs. SGLS.L - Sharpe Ratio Comparison

The current EQQJ.L Sharpe Ratio is 1.34, which is comparable to the SGLS.L Sharpe Ratio of 1.88. The chart below compares the historical Sharpe Ratios of EQQJ.L and SGLS.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	EQQJ.L	SGLS.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.34	1.88	-0.53
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.16	1.03	-0.87
Sharpe Ratio (All Time) Calculated using the full available price history	0.13	0.85	-0.72

Correlation

The correlation between EQQJ.L and SGLS.L is 0.23, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

EQQJ.L vs. SGLS.L - Dividend Comparison

Neither EQQJ.L nor SGLS.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

EQQJ.L vs. SGLS.L - Drawdown Comparison

The maximum EQQJ.L drawdown since its inception was -38.51%, roughly equal to the maximum SGLS.L drawdown of -37.85%. Use the drawdown chart below to compare losses from any high point for EQQJ.L and SGLS.L.

Drawdown Indicators

	EQQJ.L	SGLS.L	Difference
Max Drawdown Largest peak-to-trough decline	-38.51%	-21.94%	-16.57%
Max Drawdown (1Y) Largest decline over 1 year	-13.81%	-17.93%	+4.12%
Max Drawdown (5Y) Largest decline over 5 years	-38.51%	-21.94%	-16.57%
Current Drawdown Current decline from peak	-6.34%	-10.03%	+3.69%
Average Drawdown Average peak-to-trough decline	-17.22%	-6.78%	-10.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.83%	4.60%	-1.77%

Volatility

EQQJ.L vs. SGLS.L - Volatility Comparison

The current volatility for Invesco NASDAQ Next Generation 100 UCITS ETF Acc (EQQJ.L) is 7.29%, while Invesco Physical Gold GBP Hedged ETC (SGLS.L) has a volatility of 11.57%. This indicates that EQQJ.L experiences smaller price fluctuations and is considered to be less risky than SGLS.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EQQJ.L	SGLS.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.29%	11.57%	-4.28%
Volatility (6M) Calculated over the trailing 6-month period	12.69%	23.56%	-10.87%
Volatility (1Y) Calculated over the trailing 1-year period	20.35%	29.22%	-8.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.18%	22.38%	-1.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.24%	22.77%	-1.53%