EQQQ.DE vs. NTR
Compare and contrast key facts about Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.DE) and Nutrien Ltd. (NTR).
EQQQ.DE is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Dec 2, 2002.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EQQQ.DE or NTR.
Key characteristics
| EQQQ.DE | NTR | |
|---|---|---|
| YTD Return | 10.43% | 3.13% |
| 1Y Return | 37.60% | -4.10% |
| 3Y Return (Ann) | 15.52% | 1.22% |
| 5Y Return (Ann) | 20.21% | 6.44% |
| Sharpe Ratio | 2.18 | -0.01 |
| Daily Std Dev | 14.99% | 30.74% |
| Max Drawdown | -47.04% | -55.30% |
| Current Drawdown | -0.85% | -46.56% |
Correlation
The correlation between EQQQ.DE and NTR is 0.28, 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.
Performance
EQQQ.DE vs. NTR - Performance Comparison
In the year-to-date period, EQQQ.DE achieves a 10.43% return, which is significantly higher than NTR's 3.13% 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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Risk-Adjusted Performance
EQQQ.DE vs. NTR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.DE) and Nutrien Ltd. (NTR). 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
EQQQ.DE vs. NTR - Dividend Comparison
EQQQ.DE's dividend yield for the trailing twelve months is around 0.43%, less than NTR's 3.70% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EQQQ.DE Invesco EQQQ NASDAQ-100 UCITS ETF | 0.43% | 0.39% | 0.57% | 0.25% | 0.41% | 0.54% | 0.64% | 0.68% | 0.78% | 0.73% | 0.97% | 0.94% |
NTR Nutrien Ltd. | 3.70% | 3.76% | 2.63% | 2.45% | 3.74% | 3.67% | 3.47% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
EQQQ.DE vs. NTR - Drawdown Comparison
The maximum EQQQ.DE drawdown since its inception was -47.04%, smaller than the maximum NTR drawdown of -55.30%. Use the drawdown chart below to compare losses from any high point for EQQQ.DE and NTR. For additional features, visit the drawdowns tool.
Volatility
EQQQ.DE vs. NTR - Volatility Comparison
The current volatility for Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.DE) is 5.49%, while Nutrien Ltd. (NTR) has a volatility of 7.62%. This indicates that EQQQ.DE experiences smaller price fluctuations and is considered to be less risky than NTR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.