EQQQ.DE vs. SLXX.L
Compare and contrast key facts about Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.DE) and iShares Core £ Corp Bond UCITS ETF (SLXX.L).
EQQQ.DE and SLXX.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. SLXX.L is a passively managed fund by iShares that tracks the performance of the Markit iBoxx GBP Liquid Corporates Large Cap Index. It was launched on Mar 29, 2004. Both EQQQ.DE and SLXX.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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EQQQ.DE or SLXX.L.
Key characteristics
EQQQ.DE | SLXX.L | |
---|---|---|
YTD Return | 12.38% | 0.10% |
1Y Return | 38.38% | 7.58% |
3Y Return (Ann) | 16.48% | -3.69% |
5Y Return (Ann) | 20.70% | -0.45% |
10Y Return (Ann) | 21.19% | 2.49% |
Sharpe Ratio | 2.30 | 1.19 |
Daily Std Dev | 15.01% | 7.00% |
Max Drawdown | -47.04% | -30.27% |
Current Drawdown | 0.00% | -14.92% |
Correlation
The correlation between EQQQ.DE and SLXX.L is 0.14, 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. SLXX.L - Performance Comparison
In the year-to-date period, EQQQ.DE achieves a 12.38% return, which is significantly higher than SLXX.L's 0.10% return. Over the past 10 years, EQQQ.DE has outperformed SLXX.L with an annualized return of 21.19%, while SLXX.L has yielded a comparatively lower 2.49% annualized 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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EQQQ.DE vs. SLXX.L - Expense Ratio Comparison
EQQQ.DE has a 0.30% expense ratio, which is higher than SLXX.L's 0.20% expense ratio.
Risk-Adjusted Performance
EQQQ.DE vs. SLXX.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.DE) and iShares Core £ Corp Bond UCITS ETF (SLXX.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.
Dividends
EQQQ.DE vs. SLXX.L - Dividend Comparison
EQQQ.DE's dividend yield for the trailing twelve months is around 0.42%, less than SLXX.L's 4.30% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Invesco EQQQ NASDAQ-100 UCITS ETF | 0.42% | 0.39% | 0.57% | 0.25% | 0.41% | 0.54% | 0.64% | 0.68% | 0.78% | 0.73% | 0.97% | 0.94% |
iShares Core £ Corp Bond UCITS ETF | 4.30% | 4.06% | 2.75% | 2.06% | 2.12% | 2.44% | 2.71% | 2.73% | 2.99% | 3.39% | 3.41% | 3.74% |
Drawdowns
EQQQ.DE vs. SLXX.L - Drawdown Comparison
The maximum EQQQ.DE drawdown since its inception was -47.04%, which is greater than SLXX.L's maximum drawdown of -30.27%. Use the drawdown chart below to compare losses from any high point for EQQQ.DE and SLXX.L. For additional features, visit the drawdowns tool.
Volatility
EQQQ.DE vs. SLXX.L - Volatility Comparison
Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.DE) has a higher volatility of 5.34% compared to iShares Core £ Corp Bond UCITS ETF (SLXX.L) at 1.89%. This indicates that EQQQ.DE's price experiences larger fluctuations and is considered to be riskier than SLXX.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.