EQQQ.DE vs. SOXX
Compare and contrast key facts about Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.DE) and iShares PHLX Semiconductor ETF (SOXX).
EQQQ.DE and SOXX 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. SOXX is a passively managed fund by iShares that tracks the performance of the PHLX Semiconductor Sector Index. It was launched on Jul 10, 2001. Both EQQQ.DE and SOXX 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 SOXX.
Key characteristics
| EQQQ.DE | SOXX | |
|---|---|---|
| YTD Return | 11.82% | 18.98% |
| 1Y Return | 34.13% | 57.24% |
| 3Y Return (Ann) | 16.19% | 23.14% |
| 5Y Return (Ann) | 20.56% | 33.26% |
| 10Y Return (Ann) | 21.10% | 28.61% |
| Sharpe Ratio | 2.26 | 2.17 |
| Daily Std Dev | 15.02% | 28.62% |
| Max Drawdown | -47.04% | -69.65% |
| Current Drawdown | -0.50% | -3.90% |
Correlation
The correlation between EQQQ.DE and SOXX is 0.42, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
EQQQ.DE vs. SOXX - Performance Comparison
In the year-to-date period, EQQQ.DE achieves a 11.82% return, which is significantly lower than SOXX's 18.98% return. Over the past 10 years, EQQQ.DE has underperformed SOXX with an annualized return of 21.10%, while SOXX has yielded a comparatively higher 28.61% 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. SOXX - Expense Ratio Comparison
EQQQ.DE has a 0.30% expense ratio, which is lower than SOXX's 0.46% expense ratio.
Risk-Adjusted Performance
EQQQ.DE vs. SOXX - 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 PHLX Semiconductor ETF (SOXX). 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. SOXX - Dividend Comparison
EQQQ.DE's dividend yield for the trailing twelve months is around 0.42%, less than SOXX's 1.61% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EQQQ.DE 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% |
SOXX iShares PHLX Semiconductor ETF | 1.61% | 2.35% | 3.76% | 1.91% | 2.43% | 3.70% | 4.11% | 2.70% | 3.23% | 3.86% | 4.69% | 3.55% |
Drawdowns
EQQQ.DE vs. SOXX - Drawdown Comparison
The maximum EQQQ.DE drawdown since its inception was -47.04%, smaller than the maximum SOXX drawdown of -69.65%. Use the drawdown chart below to compare losses from any high point for EQQQ.DE and SOXX. For additional features, visit the drawdowns tool.
Volatility
EQQQ.DE vs. SOXX - Volatility Comparison
The current volatility for Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.DE) is 5.31%, while iShares PHLX Semiconductor ETF (SOXX) has a volatility of 8.70%. This indicates that EQQQ.DE experiences smaller price fluctuations and is considered to be less risky than SOXX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.