EQQQ.L vs. FTWG.L

Last updated Jun 5, 2026

EQQQ.L (Invesco EQQQ NASDAQ-100 UCITS ETF) and FTWG.L (Invesco FTSE All-World UCITS ETF USD Dist) are both exchange-traded funds - EQQQ.L is a Nasdaq-100 fund tracking the NASDAQ-100 Index, while FTWG.L is a Global Equities fund tracking the FTSE All-World Index. Both are passively managed. Over the past year, EQQQ.L returned 41.62% vs 30.16% for FTWG.L. Their correlation of 0.85 suggests significant overlap in exposure. EQQQ.L charges 0.30%/yr vs 0.15%/yr for FTWG.L.

Performance

EQQQ.L vs. FTWG.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.L) and Invesco FTSE All-World UCITS ETF USD Dist (FTWG.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EQQQ.L achieves a 19.86% return, which is significantly higher than FTWG.L's 11.87% return.

EQQQ.L

• 1D: -0.63%
• 1M: 9.63%
• YTD: 19.86%
• 6M: 18.38%
• 1Y: 41.62%
• 3Y*: 24.65%
• 5Y*: 18.87%
• 10Y*: 22.47%

FTWG.L

• 1D: -0.03%
• 1M: 5.38%
• YTD: 11.87%
• 6M: 12.43%
• 1Y: 30.16%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EQQQ.L vs. FTWG.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
EQQQ.L Invesco EQQQ NASDAQ-100 UCITS ETF	19.86%	11.54%	28.55%	12.12%
FTWG.L Invesco FTSE All-World UCITS ETF USD Dist	11.87%	14.12%	19.92%	7.22%

Correlation

The correlation between EQQQ.L and FTWG.L is 0.86, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.86
Correlation (All Time) Calculated using the full available price history since Jun 30, 2023	0.85

The correlation between EQQQ.L and FTWG.L has been stable across timeframes, ranging from 0.85 to 0.86 - a consistent structural relationship.

EQQQ.L vs. FTWG.L - Sectors Allocation Comparison

Sectors	EQQQ.L	FTWG.L
Technology	57.9%	29.1%
Communication Services	14.5%	8.9%
Consumer Cyclical	11.6%	9.4%
Consumer Defensive	6.6%	5.0%
Healthcare	3.7%	7.6%
Industrials	2.8%	11.0%
Utilities	1.2%	2.6%
Basic Materials	1.0%	3.9%
Energy	0.5%	4.3%
Financial Services	0.2%	16.4%
Real Estate	0.0%	1.9%

Return for Risk

EQQQ.L vs. FTWG.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EQQQ.L

EQQQ.L Risk / Return Rank: 78
EQQQ.L Sharpe Ratio Rank: 86
EQQQ.L Sortino Ratio Rank: 84
EQQQ.L Omega Ratio Rank: 83
EQQQ.L Calmar Ratio Rank: 76
EQQQ.L Martin Ratio Rank: 63

FTWG.L

FTWG.L Risk / Return Rank: 86
FTWG.L Sharpe Ratio Rank: 88
FTWG.L Sortino Ratio Rank: 88
FTWG.L Omega Ratio Rank: 89
FTWG.L Calmar Ratio Rank: 81
FTWG.L Martin Ratio Rank: 84

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.L vs. FTWG.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 Invesco FTSE All-World UCITS ETF USD Dist (FTWG.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.

	EQQQ.L	FTWG.L	Difference
Sharpe ratio: Return per unit of total volatility	2.82	2.92	-0.10
Sortino ratio: Return per unit of downside risk	3.71	4.01	-0.30
Omega ratio: Gain probability vs. loss probability	1.50	1.56	-0.06
Calmar ratio: Return relative to maximum drawdown	3.78	4.23	-0.45
Martin ratio: Return relative to average drawdown	11.13	17.22	-6.08
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EQQQ.L vs. FTWG.L - Sharpe Ratio Comparison

The current EQQQ.L Sharpe Ratio is 2.82, which is comparable to the FTWG.L Sharpe Ratio of 2.92. The chart below compares the historical Sharpe Ratios of EQQQ.L and FTWG.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	EQQQ.L	FTWG.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.82	2.92	-0.10
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.99	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	1.16	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.92	1.55	-0.63

Drawdowns

EQQQ.L vs. FTWG.L - Drawdown Comparison

The maximum EQQQ.L drawdown since its inception was -33.75%, which is greater than FTWG.L's maximum drawdown of -17.78%. Use the drawdown chart below to compare losses from any high point for EQQQ.L and FTWG.L.

Drawdown Indicators

	EQQQ.L	FTWG.L	Difference
Max Drawdown Largest peak-to-trough decline	-33.75%	-17.78%	-15.97%
Max Drawdown (1Y) Largest decline over 1 year	-10.97%	-7.11%	-3.86%
Max Drawdown (3Y) Largest decline over 3 years	-24.09%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-27.76%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-27.76%	—	—
Current Drawdown Current decline from peak	-0.63%	-0.42%	-0.21%
Average Drawdown Average peak-to-trough decline	-5.61%	-1.99%	-3.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.73%	1.75%	+1.98%

Volatility

EQQQ.L vs. FTWG.L - Volatility Comparison

Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.L) has a higher volatility of 4.15% compared to Invesco FTSE All-World UCITS ETF USD Dist (FTWG.L) at 3.04%. This indicates that EQQQ.L's price experiences larger fluctuations and is considered to be riskier than FTWG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EQQQ.L	FTWG.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.15%	3.04%	+1.11%
Volatility (6M) Calculated over the trailing 6-month period	10.33%	7.59%	+2.74%
Volatility (1Y) Calculated over the trailing 1-year period	14.70%	10.28%	+4.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.14%	11.89%	+7.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.35%	11.89%	+7.46%

EQQQ.L vs. FTWG.L - Expense Ratio Comparison

EQQQ.L has a 0.30% expense ratio, which is higher than FTWG.L's 0.15% expense ratio.

Dividends

EQQQ.L vs. FTWG.L - Dividend Comparison

EQQQ.L's dividend yield for the trailing twelve months is around 0.23%, less than FTWG.L's 1.22% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
FTWG.L Invesco FTSE All-World UCITS ETF USD Dist	1.22%	1.34%	1.50%	0.70%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both EQQQ.L and FTWG.L in my portfolio?

EQQQ.L and FTWG.L have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, EQQQ.L or FTWG.L?

On fees, FTWG.L is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EQQQ.L or FTWG.L?

FTWG.L is cheaper with a 0.15% expense ratio, compared with 0.30% for EQQQ.L.

What is the main difference between EQQQ.L and FTWG.L?

EQQQ.L is categorized as Nasdaq-100, while FTWG.L is Global Equities. EQQQ.L tracks NASDAQ-100 Index, while FTWG.L tracks FTSE All-World Index. Their fees differ too: 0.30% for EQQQ.L and 0.15% for FTWG.L.