EQQQ.DE vs. SMCI

Last updated Jun 9, 2026

EQQQ.DE (Invesco EQQQ NASDAQ-100 UCITS ETF) is Nasdaq-100 fund tracking the NASDAQ-100 Index, while SMCI (Super Micro Computer, Inc.) is a stock. Over the past 10 years, EQQQ.DE returned 21.08%/yr vs 32.48%/yr for SMCI. At a 0.27 correlation, their price movements are largely independent.

Performance

EQQQ.DE vs. SMCI - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.DE) and Super Micro Computer, Inc. (SMCI). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

EQQQ.DE is traded in EUR, while SMCI is traded in USD. To make them comparable, the SMCI values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, EQQQ.DE achieves a 18.09% return, which is significantly lower than SMCI's 53.06% return. Over the past 10 years, EQQQ.DE has underperformed SMCI with an annualized return of 21.08%, while SMCI has yielded a comparatively higher 32.48% annualized return.

EQQQ.DE

• 1D: 0.02%
• 1M: 3.74%
• YTD: 18.09%
• 6M: 16.37%
• 1Y: 34.44%
• 3Y*: 24.13%
• 5Y*: 17.93%
• 10Y*: 21.08%

SMCI

• 1D: 5.52%
• 1M: 27.08%
• YTD: 53.06%
• 6M: 25.49%
• 1Y: 4.58%
• 3Y*: 16.16%
• 5Y*: 66.49%
• 10Y*: 32.48%

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

EQQQ.DE vs. SMCI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EQQQ.DE Invesco EQQQ NASDAQ-100 UCITS ETF	18.09%	6.94%	33.67%	51.32%	-30.10%	39.43%	34.58%	42.87%	3.12%	15.82%
SMCI Super Micro Computer, Inc.	53.06%	-15.37%	14.30%	235.86%	98.38%	49.20%	20.94%	77.99%	-30.97%	-34.55%

Correlation

The correlation between EQQQ.DE and SMCI is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.41
Correlation (3Y) Calculated over the trailing 3-year period	0.36
Correlation (5Y) Calculated over the trailing 5-year period	0.33
Correlation (10Y) Calculated over the trailing 10-year period	0.31
Correlation (All Time) Calculated using the full available price history since Aug 30, 2007	0.27

The correlation between EQQQ.DE and SMCI shifts across timeframes, from 0.27 (all time) to 0.41 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

EQQQ.DE vs. SMCI — Risk / Return Rank

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

EQQQ.DE

EQQQ.DE Risk / Return Rank: 71
EQQQ.DE Sharpe Ratio Rank: 75
EQQQ.DE Sortino Ratio Rank: 72
EQQQ.DE Omega Ratio Rank: 71
EQQQ.DE Calmar Ratio Rank: 75
EQQQ.DE Martin Ratio Rank: 62

SMCI

SMCI Risk / Return Rank: 46
SMCI Sharpe Ratio Rank: 45
SMCI Sortino Ratio Rank: 48
SMCI Omega Ratio Rank: 49
SMCI Calmar Ratio Rank: 44
SMCI Martin Ratio Rank: 44

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.

EQQQ.DE vs. SMCI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.DE) and Super Micro Computer, Inc. (SMCI). 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.

	EQQQ.DE	SMCI	Difference
Sharpe ratio: Return per unit of total volatility	2.17	0.06	+2.11
Sortino ratio: Return per unit of downside risk	2.90	0.66	+2.24
Omega ratio: Gain probability vs. loss probability	1.38	1.09	+0.29
Calmar ratio: Return relative to maximum drawdown	3.41	0.07	+3.34
Martin ratio: Return relative to average drawdown	10.11	0.11	+9.99
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EQQQ.DE vs. SMCI - Sharpe Ratio Comparison

The current EQQQ.DE Sharpe Ratio is 2.17, which is higher than the SMCI Sharpe Ratio of 0.06. The chart below compares the historical Sharpe Ratios of EQQQ.DE and SMCI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	EQQQ.DE	SMCI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.17	0.06	+2.11
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.89	0.79	+0.11
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	1.03	0.46	+0.56
Sharpe Ratio (All Time) Calculated using the full available price history	0.17	0.39	-0.23

Drawdowns

EQQQ.DE vs. SMCI - Drawdown Comparison

The maximum EQQQ.DE drawdown since its inception was -60.10%, smaller than the maximum SMCI drawdown of -84.24%. Use the drawdown chart below to compare losses from any high point for EQQQ.DE and SMCI.

Drawdown Indicators

	EQQQ.DE	SMCI	Difference
Max Drawdown Largest peak-to-trough decline	-60.10%	-84.24%	+24.14%
Max Drawdown (1Y) Largest decline over 1 year	-10.05%	-66.68%	+56.63%
Max Drawdown (3Y) Largest decline over 3 years	-26.70%	-84.24%	+57.54%
Max Drawdown (5Y) Largest decline over 5 years	-31.30%	-84.24%	+52.94%
Max Drawdown (10Y) Largest decline over 10 years	-31.30%	-84.24%	+52.94%
Current Drawdown Current decline from peak	-2.85%	-64.85%	+62.00%
Average Drawdown Average peak-to-trough decline	-12.41%	-32.04%	+19.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.39%	40.05%	-36.66%

Volatility

EQQQ.DE vs. SMCI - Volatility Comparison

The current volatility for Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.DE) is 4.63%, while Super Micro Computer, Inc. (SMCI) has a volatility of 25.52%. This indicates that EQQQ.DE experiences smaller price fluctuations and is considered to be less risky than SMCI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EQQQ.DE	SMCI	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.63%	25.52%	-20.89%
Volatility (6M) Calculated over the trailing 6-month period	11.04%	66.79%	-55.75%
Volatility (1Y) Calculated over the trailing 1-year period	15.77%	79.51%	-63.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.86%	84.97%	-65.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.39%	70.42%	-50.03%

Dividends

EQQQ.DE vs. SMCI - Dividend Comparison

EQQQ.DE's dividend yield for the trailing twelve months is around 0.23%, while SMCI has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EQQQ.DE Invesco EQQQ NASDAQ-100 UCITS ETF	0.23%	0.29%	0.37%	0.39%	0.57%	0.25%	0.41%	0.54%	0.64%	0.68%	0.78%	0.73%
SMCI Super Micro Computer, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both EQQQ.DE and SMCI in my portfolio?

EQQQ.DE and SMCI have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.