EQQQ.L vs. EQGB.L
Compare and contrast key facts about Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.L) and Invesco EQQQ Nasdaq-100 UCITS ETF GBP Hdg Acc (EQGB.L).
EQQQ.L and EQGB.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. EQGB.L is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Oct 17, 2017. Both EQQQ.L and EQGB.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 EQGB.L.
Performance
EQQQ.L vs. EQGB.L - Performance Comparison
Returns By Period
In the year-to-date period, EQQQ.L achieves a 22.53% return, which is significantly higher than EQGB.L's 21.16% return.
EQQQ.L
22.53%
3.92%
11.07%
27.84%
20.75%
20.24%
EQGB.L
21.16%
0.60%
10.45%
29.65%
18.62%
N/A
Key characteristics
| EQQQ.L | EQGB.L | |
|---|---|---|
| Sharpe Ratio | 1.75 | 1.79 |
| Sortino Ratio | 2.40 | 2.43 |
| Omega Ratio | 1.32 | 1.33 |
| Calmar Ratio | 2.29 | 2.44 |
| Martin Ratio | 6.89 | 8.54 |
| Ulcer Index | 4.04% | 3.47% |
| Daily Std Dev | 15.90% | 16.54% |
| Max Drawdown | -33.75% | -36.77% |
| Current Drawdown | -2.09% | -2.92% |
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EQQQ.L vs. EQGB.L - Expense Ratio Comparison
EQQQ.L has a 0.30% expense ratio, which is lower than EQGB.L's 0.35% expense ratio.
Correlation
The correlation between EQQQ.L and EQGB.L is 0.91, 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.
Risk-Adjusted Performance
EQQQ.L vs. EQGB.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 Invesco EQQQ Nasdaq-100 UCITS ETF GBP Hdg Acc (EQGB.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. EQGB.L - Dividend Comparison
EQQQ.L's dividend yield for the trailing twelve months is around 0.39%, while EQGB.L has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EQQQ.L Invesco EQQQ NASDAQ-100 UCITS ETF | 0.39% | 0.39% | 0.56% | 0.25% | 0.41% | 0.56% | 0.63% | 0.67% | 0.77% | 0.72% | 1.01% | 0.95% |
EQGB.L Invesco EQQQ Nasdaq-100 UCITS ETF GBP Hdg Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.04% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
EQQQ.L vs. EQGB.L - Drawdown Comparison
The maximum EQQQ.L drawdown since its inception was -33.75%, smaller than the maximum EQGB.L drawdown of -36.77%. Use the drawdown chart below to compare losses from any high point for EQQQ.L and EQGB.L. For additional features, visit the drawdowns tool.
Volatility
EQQQ.L vs. EQGB.L - Volatility Comparison
The current volatility for Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.L) is 4.96%, while Invesco EQQQ Nasdaq-100 UCITS ETF GBP Hdg Acc (EQGB.L) has a volatility of 6.32%. This indicates that EQQQ.L experiences smaller price fluctuations and is considered to be less risky than EQGB.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.