EQQQ.L vs. EGLN.L
EQQQ.L (Invesco EQQQ NASDAQ-100 UCITS ETF) and EGLN.L (iShares Physical Gold ETC) are both exchange-traded funds - EQQQ.L is a Nasdaq-100 fund tracking the NASDAQ-100 Index, while EGLN.L is a Gold fund tracking the LBMA Gold Price. Both are passively managed. Over the past 10 years, EQQQ.L returned 22.24%/yr vs 11.70%/yr for EGLN.L. At a 0.02 correlation, their price movements are largely independent. EQQQ.L charges 0.30%/yr vs 0.25%/yr for EGLN.L.
Performance
EQQQ.L vs. EGLN.L - Performance Comparison
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Different Trading Currencies
EQQQ.L is traded in GBp, while EGLN.L is traded in EUR. To make them comparable, the EGLN.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, EQQQ.L achieves a 17.18% return, which is significantly higher than EGLN.L's -1.77% return. Over the past 10 years, EQQQ.L has outperformed EGLN.L with an annualized return of 22.24%, while EGLN.L has yielded a comparatively lower 11.70% annualized return.
EQQQ.L
- 1D
- 2.53%
- 1M
- 0.63%
- YTD
- 17.18%
- 6M
- 17.41%
- 1Y
- 38.39%
- 3Y*
- 23.63%
- 5Y*
- 17.89%
- 10Y*
- 22.24%
EGLN.L
- 1D
- 2.82%
- 1M
- -10.11%
- YTD
- -1.77%
- 6M
- -1.90%
- 1Y
- 24.56%
- 3Y*
- 26.63%
- 5Y*
- 18.61%
- 10Y*
- 11.70%
EQQQ.L vs. EGLN.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EQQQ.L Invesco EQQQ NASDAQ-100 UCITS ETF | 17.18% | 11.54% | 28.55% | 47.79% | -25.54% | 29.59% | 43.32% | 33.69% | 4.64% | 20.12% |
EGLN.L iShares Physical Gold ETC | -1.77% | 53.83% | 28.21% | 7.18% | 11.48% | -2.31% | 20.11% | 13.75% | 4.41% | 3.78% |
Correlation
The correlation between EQQQ.L and EGLN.L is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.15 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.02 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.02 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.06 |
Correlation (All Time) Calculated using the full available price history since Apr 8, 2011 | 0.02 |
The correlation between EQQQ.L and EGLN.L shifts across timeframes, from -0.02 (5 years) to 0.15 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
EQQQ.L vs. EGLN.L — Risk / Return Rank
EQQQ.L
EGLN.L
EQQQ.L vs. EGLN.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.L) and iShares Physical Gold ETC (EGLN.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| EQQQ.L | EGLN.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.35 | ||
| Sortino ratioReturn per unit of downside risk | +1.74 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.22 | +0.21 |
| Calmar ratioReturn relative to maximum drawdown | 3.41 | 1.14 | +2.27 |
| Martin ratioReturn relative to average drawdown | 9.90 | 3.57 | +6.33 |
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Drawdowns
EQQQ.L vs. EGLN.L - Drawdown Comparison
The maximum EQQQ.L drawdown since its inception was -65.36%, which is greater than EGLN.L's maximum drawdown of -55.69%. Use the drawdown chart below to compare losses from any high point for EQQQ.L and EGLN.L.
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Drawdown Indicators
| EQQQ.L | EGLN.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.36% | -55.69% | -9.67% |
Max Drawdown (1Y)Largest decline over 1 year | -10.97% | -22.75% | +11.78% |
Max Drawdown (3Y)Largest decline over 3 years | -24.09% | -22.75% | -1.34% |
Max Drawdown (5Y)Largest decline over 5 years | -27.76% | -22.75% | -5.01% |
Max Drawdown (10Y)Largest decline over 10 years | -27.76% | -23.83% | -3.93% |
Current DrawdownCurrent decline from peak | -2.85% | -20.58% | +17.73% |
Average DrawdownAverage peak-to-trough decline | -12.50% | -24.76% | +12.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.79% | 7.30% | -3.51% |
Volatility
EQQQ.L vs. EGLN.L - Volatility Comparison
The current volatility for Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.L) is 5.78%, while iShares Physical Gold ETC (EGLN.L) has a volatility of 6.87%. This indicates that EQQQ.L experiences smaller price fluctuations and is considered to be less risky than EGLN.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EQQQ.L | EGLN.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.78% | 6.87% | -1.09% |
Volatility (6M)Calculated over the trailing 6-month period | 11.18% | 20.75% | -9.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.31% | 23.83% | -8.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.23% | 17.43% | +1.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.39% | 17.13% | +2.26% |
EQQQ.L vs. EGLN.L - Expense Ratio Comparison
EQQQ.L has a 0.30% expense ratio, which is higher than EGLN.L's 0.25% expense ratio.
Dividends
EQQQ.L vs. EGLN.L - Dividend Comparison
EQQQ.L's dividend yield for the trailing twelve months is around 0.23%, while EGLN.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EGLN.L iShares Physical Gold ETC | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EQQQ.L Invesco EQQQ NASDAQ-100 UCITS ETF | 0.23% | 0.29% | 0.38% | 0.39% | 0.56% | 0.25% | 0.41% | 0.56% | 0.63% | 0.67% | 0.77% | 0.72% |
Frequently Asked Questions
EQQQ.L and EGLN.L have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EGLN.L is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EGLN.L is cheaper with a 0.25% expense ratio, compared with 0.30% for EQQQ.L.
EQQQ.L is categorized as Nasdaq-100, while EGLN.L is Gold. EQQQ.L tracks NASDAQ-100 Index, while EGLN.L tracks LBMA Gold Price. They also come from different issuers: Invesco and iShares. Their fees differ too: 0.30% for EQQQ.L and 0.25% for EGLN.L.
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