EQQQ.DE vs. XNDX.DE

Last updated Jun 5, 2026

EQQQ.DE (Invesco EQQQ NASDAQ-100 UCITS ETF) and XNDX.DE (Xtrackers Nasdaq 100 Swap UCITS ETF 1D USD) are both Nasdaq-100 funds - EQQQ.DE tracks the NASDAQ-100 Index while XNDX.DE tracks the Nasdaq 100 Index. Both are passively managed. Their correlation of 0.90 suggests significant overlap in exposure. EQQQ.DE charges 0.30%/yr vs 0.18%/yr for XNDX.DE.

Performance

EQQQ.DE vs. XNDX.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.DE) and Xtrackers Nasdaq 100 Swap UCITS ETF 1D USD (XNDX.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with EQQQ.DE having a 20.52% return and XNDX.DE slightly higher at 20.67%.

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%

XNDX.DE

• 1D: -0.82%
• 1M: 8.01%
• YTD: 20.67%
• 6M: 18.86%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EQQQ.DE vs. XNDX.DE - Yearly Performance Comparison

	2026 (YTD)	2025
EQQQ.DE Invesco EQQQ NASDAQ-100 UCITS ETF	20.52%	11.31%
XNDX.DE Xtrackers Nasdaq 100 Swap UCITS ETF 1D USD	20.67%	-4.86%

Correlation

The correlation between EQQQ.DE and XNDX.DE is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 15, 2025	0.90

Return for Risk

EQQQ.DE vs. XNDX.DE — 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: 71
EQQQ.DE Omega Ratio Rank: 72
EQQQ.DE Calmar Ratio Rank: 76
EQQQ.DE Martin Ratio Rank: 62

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. XNDX.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 Xtrackers Nasdaq 100 Swap UCITS ETF 1D USD (XNDX.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	XNDX.DE	Difference
Sharpe ratio: Return per unit of total volatility	2.40	—	—
Sortino ratio: Return per unit of downside risk	3.19	—	—
Omega ratio: Gain probability vs. loss probability	1.42	—	—
Calmar ratio: Return relative to maximum drawdown	3.74	—	—
Martin ratio: Return relative to average drawdown	11.10	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	EQQQ.DE	XNDX.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.40	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.93	—	—
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	0.53	+0.28

Drawdowns

EQQQ.DE vs. XNDX.DE - Drawdown Comparison

The maximum EQQQ.DE drawdown since its inception was -47.04%, which is greater than XNDX.DE's maximum drawdown of -20.11%. Use the drawdown chart below to compare losses from any high point for EQQQ.DE and XNDX.DE.

Drawdown Indicators

	EQQQ.DE	XNDX.DE	Difference
Max Drawdown Largest peak-to-trough decline	-47.04%	-20.11%	-26.93%
Max Drawdown (1Y) Largest decline over 1 year	-10.05%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-26.70%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-31.30%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-31.30%	—	—
Current Drawdown Current decline from peak	-0.85%	-0.82%	-0.03%
Average Drawdown Average peak-to-trough decline	-7.35%	-10.66%	+3.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.39%	—	—

Volatility

Volatility by Period

	EQQQ.DE	XNDX.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.26%	—	—
Volatility (6M) Calculated over the trailing 6-month period	10.90%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	15.64%	31.84%	-16.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.84%	31.84%	-12.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.65%	31.84%	-12.19%

EQQQ.DE vs. XNDX.DE - Expense Ratio Comparison

EQQQ.DE has a 0.30% expense ratio, which is higher than XNDX.DE's 0.18% expense ratio.

Dividends

EQQQ.DE vs. XNDX.DE - Dividend Comparison

EQQQ.DE's dividend yield for the trailing twelve months is around 0.23%, more than XNDX.DE's 0.09% yield.

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%
XNDX.DE Xtrackers Nasdaq 100 Swap UCITS ETF 1D USD	0.09%	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 XNDX.DE in my portfolio?

With a correlation of 0.90, EQQQ.DE and XNDX.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, EQQQ.DE or XNDX.DE?

On fees, XNDX.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EQQQ.DE or XNDX.DE?

XNDX.DE is cheaper with a 0.18% expense ratio, compared with 0.30% for EQQQ.DE.

What is the main difference between EQQQ.DE and XNDX.DE?

EQQQ.DE tracks NASDAQ-100 Index, while XNDX.DE tracks Nasdaq 100 Index. They also come from different issuers: Invesco and Xtrackers. Their fees differ too: 0.30% for EQQQ.DE and 0.18% for XNDX.DE.