EQQQ.L vs. CSPX.L
Compare and contrast key facts about Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.L) and iShares Core S&P 500 UCITS ETF USD (Acc) (CSPX.L).
EQQQ.L and CSPX.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EQQQ.L is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Dec 2, 2002. CSPX.L is a passively managed fund by Blackrock Financial Management that tracks the performance of the S&P 500 Index. It was launched on May 18, 2010. Both EQQQ.L and CSPX.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.L or CSPX.L.
Key characteristics
| EQQQ.L | CSPX.L | |
|---|---|---|
| YTD Return | 10.32% | 11.15% |
| 1Y Return | 32.30% | 28.36% |
| 3Y Return (Ann) | 16.23% | 9.81% |
| 5Y Return (Ann) | 20.16% | 14.51% |
| 10Y Return (Ann) | 21.81% | 12.60% |
| Sharpe Ratio | 2.09 | 2.46 |
| Daily Std Dev | 15.75% | 11.42% |
| Max Drawdown | -33.70% | -33.90% |
| Current Drawdown | -0.74% | -0.50% |
Correlation
The correlation between EQQQ.L and CSPX.L is 0.76, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
EQQQ.L vs. CSPX.L - Performance Comparison
In the year-to-date period, EQQQ.L achieves a 10.32% return, which is significantly lower than CSPX.L's 11.15% return. Over the past 10 years, EQQQ.L has outperformed CSPX.L with an annualized return of 21.81%, while CSPX.L has yielded a comparatively lower 12.60% 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.L vs. CSPX.L - Expense Ratio Comparison
EQQQ.L has a 0.30% expense ratio, which is higher than CSPX.L's 0.07% expense ratio.
Risk-Adjusted Performance
EQQQ.L vs. CSPX.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.L) and iShares Core S&P 500 UCITS ETF USD (Acc) (CSPX.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.L vs. CSPX.L - Dividend Comparison
Neither EQQQ.L nor CSPX.L has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EQQQ.L Invesco EQQQ NASDAQ-100 UCITS ETF | 0.00% | 0.00% | 0.01% | 0.00% | 0.00% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% |
CSPX.L iShares Core S&P 500 UCITS ETF USD (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% |
Drawdowns
EQQQ.L vs. CSPX.L - Drawdown Comparison
The maximum EQQQ.L drawdown since its inception was -33.70%, roughly equal to the maximum CSPX.L drawdown of -33.90%. Use the drawdown chart below to compare losses from any high point for EQQQ.L and CSPX.L. For additional features, visit the drawdowns tool.
Volatility
EQQQ.L vs. CSPX.L - Volatility Comparison
Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.L) has a higher volatility of 6.24% compared to iShares Core S&P 500 UCITS ETF USD (Acc) (CSPX.L) at 4.11%. This indicates that EQQQ.L's price experiences larger fluctuations and is considered to be riskier than CSPX.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.