EQQQ.DE vs. XAAG.DE
EQQQ.DE (Invesco EQQQ NASDAQ-100 UCITS ETF) and XAAG.DE (Invesco Bloomberg Commodity ex-Agriculture UCITS ETF Acc) are both exchange-traded funds - EQQQ.DE is a Nasdaq-100 fund tracking the NASDAQ-100 Index, while XAAG.DE is a Commodities fund tracking the Bloomberg Commodity ex-Agriculture and Livestock. Both are passively managed. Over the past 5 years, EQQQ.DE returned 18.69%/yr vs 14.95%/yr for XAAG.DE. At a 0.18 correlation, their price movements are largely independent. EQQQ.DE charges 0.30%/yr vs 0.19%/yr for XAAG.DE.
Performance
EQQQ.DE vs. XAAG.DE - Performance Comparison
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Returns By Period
In the year-to-date period, EQQQ.DE achieves a 20.52% return, which is significantly lower than XAAG.DE's 27.69% return.
EQQQ.DE
- 1D
- -0.85%
- 1M
- 7.99%
- YTD
- 20.52%
- 6M
- 18.72%
- 1Y
- 37.03%
- 3Y*
- 24.54%
- 5Y*
- 18.69%
- 10Y*
- 21.28%
XAAG.DE
- 1D
- -0.56%
- 1M
- 2.26%
- YTD
- 27.69%
- 6M
- 27.75%
- 1Y
- 46.69%
- 3Y*
- 17.71%
- 5Y*
- 14.95%
- 10Y*
- —
EQQQ.DE vs. XAAG.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EQQQ.DE Invesco EQQQ NASDAQ-100 UCITS ETF | 20.52% | 6.94% | 33.67% | 51.32% | -30.10% | 39.43% | 34.58% | 42.87% | 3.12% | 4.28% |
XAAG.DE Invesco Bloomberg Commodity ex-Agriculture UCITS ETF Acc | 27.69% | 12.13% | 14.84% | -14.76% | 23.35% | 39.76% | -19.46% | 12.99% | -5.11% | 4.28% |
Correlation
The correlation between EQQQ.DE and XAAG.DE is 0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.03 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.10 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since May 31, 2017 | 0.18 |
The correlation between EQQQ.DE and XAAG.DE shifts across timeframes, from 0.03 (1 year) to 0.18 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
EQQQ.DE vs. XAAG.DE — Risk / Return Rank
EQQQ.DE
XAAG.DE
EQQQ.DE vs. XAAG.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.DE) and Invesco Bloomberg Commodity ex-Agriculture UCITS ETF Acc (XAAG.DE). 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 | XAAG.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.23 | ||
| Sortino ratioReturn per unit of downside risk | +0.54 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.39 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 3.74 | 4.08 | -0.35 |
| Martin ratioReturn relative to average drawdown | 11.10 | 9.65 | +1.45 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| EQQQ.DE | XAAG.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.40 | 2.17 | +0.23 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.93 | 0.73 | +0.20 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.08 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.80 | 0.49 | +0.32 |
Drawdowns
EQQQ.DE vs. XAAG.DE - Drawdown Comparison
The maximum EQQQ.DE drawdown since its inception was -47.04%, which is greater than XAAG.DE's maximum drawdown of -33.85%. Use the drawdown chart below to compare losses from any high point for EQQQ.DE and XAAG.DE.
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Drawdown Indicators
| EQQQ.DE | XAAG.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.04% | -33.85% | -13.19% |
Max Drawdown (1Y)Largest decline over 1 year | -10.05% | -11.54% | +1.49% |
Max Drawdown (3Y)Largest decline over 3 years | -26.70% | -16.26% | -10.44% |
Max Drawdown (5Y)Largest decline over 5 years | -31.30% | -33.85% | +2.55% |
Max Drawdown (10Y)Largest decline over 10 years | -31.30% | — | — |
Current DrawdownCurrent decline from peak | -0.85% | -2.54% | +1.69% |
Average DrawdownAverage peak-to-trough decline | -7.35% | -13.88% | +6.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.39% | 4.89% | -1.50% |
Volatility
EQQQ.DE vs. XAAG.DE - Volatility Comparison
The current volatility for Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.DE) is 4.26%, while Invesco Bloomberg Commodity ex-Agriculture UCITS ETF Acc (XAAG.DE) has a volatility of 4.71%. This indicates that EQQQ.DE experiences smaller price fluctuations and is considered to be less risky than XAAG.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EQQQ.DE | XAAG.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.26% | 4.71% | -0.45% |
Volatility (6M)Calculated over the trailing 6-month period | 10.90% | 18.81% | -7.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.64% | 21.76% | -6.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.84% | 20.32% | -0.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.65% | 18.40% | +1.25% |
EQQQ.DE vs. XAAG.DE - Expense Ratio Comparison
EQQQ.DE has a 0.30% expense ratio, which is higher than XAAG.DE's 0.19% expense ratio.
Dividends
EQQQ.DE vs. XAAG.DE - Dividend Comparison
EQQQ.DE's dividend yield for the trailing twelve months is around 0.23%, while XAAG.DE 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% |
XAAG.DE Invesco Bloomberg Commodity ex-Agriculture UCITS ETF Acc | 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
EQQQ.DE and XAAG.DE have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XAAG.DE is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XAAG.DE is cheaper with a 0.19% expense ratio, compared with 0.30% for EQQQ.DE.
EQQQ.DE is categorized as Nasdaq-100, while XAAG.DE is Commodities. EQQQ.DE tracks NASDAQ-100 Index, while XAAG.DE tracks Bloomberg Commodity ex-Agriculture and Livestock. Their fees differ too: 0.30% for EQQQ.DE and 0.19% for XAAG.DE.
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