PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
EQQQ.L vs. IUES.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

EQQQ.L vs. IUES.L

Last updated Jun 4, 2026

EQQQ.L (Invesco EQQQ NASDAQ-100 UCITS ETF) and IUES.L (iShares S&P 500 Energy Sector UCITS ETF USD (Acc)) are both exchange-traded funds - EQQQ.L is a Nasdaq-100 fund tracking the NASDAQ-100 Index, while IUES.L is a Energy Equities fund tracking the MSCI World/Energy NR USD. Both are passively managed. Over the past 10 years, EQQQ.L returned 22.67%/yr vs 10.38%/yr for IUES.L. At a 0.26 correlation, their price movements are largely independent. EQQQ.L charges 0.30%/yr vs 0.15%/yr for IUES.L.

Performance

EQQQ.L vs. IUES.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 iShares S&P 500 Energy Sector UCITS ETF USD (Acc) (IUES.L). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Different Trading Currencies

EQQQ.L is traded in GBp, while IUES.L is traded in USD. To make them comparable, the IUES.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 20.61% return, which is significantly lower than IUES.L's 31.41% return. Over the past 10 years, EQQQ.L has outperformed IUES.L with an annualized return of 22.67%, while IUES.L has yielded a comparatively lower 10.38% annualized return.

EQQQ.L

1D
0.19%
1M
11.85%
YTD
20.61%
6M
18.88%
1Y
42.65%
3Y*
25.32%
5Y*
19.02%
10Y*
22.67%

IUES.L

1D
2.55%
1M
1.24%
YTD
31.41%
6M
29.58%
1Y
45.68%
3Y*
14.17%
5Y*
21.71%
10Y*
10.38%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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

2026 (YTD)202520242023202220212020201920182017
EQQQ.L
Invesco EQQQ NASDAQ-100 UCITS ETF		20.61%11.54%28.55%47.79%-25.54%29.59%43.32%33.69%4.64%20.12%
IUES.L
iShares S&P 500 Energy Sector UCITS ETF USD (Acc)		31.41%1.99%5.69%-5.60%83.32%53.38%-35.31%4.67%-13.27%-9.73%

Correlation

The correlation between EQQQ.L and IUES.L is -0.16, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

-0.16

Correlation (3Y)
Calculated over the trailing 3-year period

0.08

Correlation (5Y)
Calculated over the trailing 5-year period

0.12

Correlation (10Y)
Calculated over the trailing 10-year period

0.25

Correlation (All Time)
Calculated using the full available price history since Nov 25, 2015

0.26

The correlation between EQQQ.L and IUES.L shifts across timeframes, from -0.16 (1 year) to 0.26 (all time), reflecting how their relationship changes across market environments.

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

Sectors
EQQQ.L
IUES.L

Technology

57.9%

-

Communication Services

14.5%

-

Consumer Cyclical

11.6%

-

Consumer Defensive

6.6%

-

Healthcare

3.7%

-

Industrials

2.8%

-

Utilities

1.2%

-

Basic Materials

1.0%

-

Energy

0.5%
100.0%

Financial Services

0.2%

-

Real Estate

0.0%

-

Technology

EQQQ.L
57.9%
IUES.L

-

Communication Services

EQQQ.L
14.5%
IUES.L

-

Consumer Cyclical

EQQQ.L
11.6%
IUES.L

-

Consumer Defensive

EQQQ.L
6.6%
IUES.L

-

Healthcare

EQQQ.L
3.7%
IUES.L

-

Industrials

EQQQ.L
2.8%
IUES.L

-

Utilities

EQQQ.L
1.2%
IUES.L

-

Basic Materials

EQQQ.L
1.0%
IUES.L

-

Energy

EQQQ.L
0.5%
IUES.L
100.0%

Financial Services

EQQQ.L
0.2%
IUES.L

-

Real Estate

EQQQ.L
0.0%
IUES.L

-

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Invesco EQQQ NASDAQ-100 UCITS ETF

iShares S&P 500 Energy Sector UCITS ETF USD (Acc)

Often compared with EQQQ.L:
EQQQ.L vs. QQQEQQQ.L vs. QQQMEQQQ.L vs. EQGB.LEQQQ.L vs. CNX1.LEQQQ.L vs. EQQU.LEQQQ.L vs. CSPX.LEQQQ.L vs. XNAQ.L
Often compared with IUES.L:
IUES.L vs. XLEIUES.L vs. IXCIUES.L vs. CSPX.LIUES.L vs. WENS.LIUES.L vs. VUAA.LIUES.L vs. RSPGIUES.L vs. VWRA.L

Return for Risk

EQQQ.L vs. IUES.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: 7878
Overall Rank
EQQQ.L Sharpe Ratio Rank: 8686
Sharpe Ratio Rank
EQQQ.L Sortino Ratio Rank: 8383
Sortino Ratio Rank
EQQQ.L Omega Ratio Rank: 8383
Omega Ratio Rank
EQQQ.L Calmar Ratio Rank: 7575
Calmar Ratio Rank
EQQQ.L Martin Ratio Rank: 6262
Martin Ratio Rank
IUES.L
IUES.L Risk / Return Rank: 5757
Overall Rank
IUES.L Sharpe Ratio Rank: 6060
Sharpe Ratio Rank
IUES.L Sortino Ratio Rank: 5252
Sortino Ratio Rank
IUES.L Omega Ratio Rank: 5454
Omega Ratio Rank
IUES.L Calmar Ratio Rank: 6161
Calmar Ratio Rank
IUES.L Martin Ratio Rank: 5555
Martin Ratio Rank
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. IUES.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 S&P 500 Energy Sector UCITS ETF USD (Acc) (IUES.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.LIUES.LDifference
Sharpe ratioReturn per unit of total volatility
2.89
1.97

+0.92

Sortino ratioReturn per unit of downside risk
3.79
2.45

+1.35

Omega ratioGain probability vs. loss probability

1.51

1.34

+0.18

Calmar ratioReturn relative to maximum drawdown

3.87

2.74

+1.13

Martin ratioReturn relative to average drawdown

11.41

8.52

+2.88

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. IUES.L - Sharpe Ratio Comparison

The current EQQQ.L Sharpe Ratio is 2.89, which is higher than the IUES.L Sharpe Ratio of 1.97. The chart below compares the historical Sharpe Ratios of EQQQ.L and IUES.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.

Loading charts...

Sharpe Ratios by Period

EQQQ.LIUES.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.89

1.97

+0.92

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.99

0.82

+0.18

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

1.17

0.37

+0.80

Sharpe Ratio (All Time)

Calculated using the full available price history

0.92

0.36

+0.56

Drawdowns

EQQQ.L vs. IUES.L - Drawdown Comparison

The maximum EQQQ.L drawdown since its inception was -33.75%, smaller than the maximum IUES.L drawdown of -62.40%. Use the drawdown chart below to compare losses from any high point for EQQQ.L and IUES.L.

Loading charts...

Drawdown Indicators

EQQQ.LIUES.LDifference

Max Drawdown

Largest peak-to-trough decline

-33.75%

-62.40%

+28.65%

Max Drawdown (1Y)

Largest decline over 1 year

-10.97%

-16.59%

+5.62%

Max Drawdown (3Y)

Largest decline over 3 years

-24.09%

-23.92%

-0.17%

Max Drawdown (5Y)

Largest decline over 5 years

-27.76%

-23.92%

-3.84%

Max Drawdown (10Y)

Largest decline over 10 years

-27.76%

-62.40%

+34.64%

Current Drawdown

Current decline from peak

0.00%

-8.77%

+8.77%

Average Drawdown

Average peak-to-trough decline

-5.61%

-16.00%

+10.39%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.73%

5.34%

-1.61%

Volatility

EQQQ.L vs. IUES.L - Volatility Comparison

The current volatility for Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.L) is 4.09%, while iShares S&P 500 Energy Sector UCITS ETF USD (Acc) (IUES.L) has a volatility of 8.80%. This indicates that EQQQ.L experiences smaller price fluctuations and is considered to be less risky than IUES.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

EQQQ.LIUES.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.09%

8.80%

-4.71%

Volatility (6M)

Calculated over the trailing 6-month period

10.30%

19.56%

-9.26%

Volatility (1Y)

Calculated over the trailing 1-year period

14.76%

23.19%

-8.43%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

19.14%

26.63%

-7.49%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

19.35%

28.23%

-8.88%

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

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

Dividends

EQQQ.L vs. IUES.L - Dividend Comparison

EQQQ.L's dividend yield for the trailing twelve months is around 0.23%, while IUES.L has not paid dividends to shareholders.

PositionTTM20252024202320222021202020192018201720162015
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%
IUES.L
iShares S&P 500 Energy Sector 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%

Frequently Asked Questions

EQQQ.L and IUES.L have a correlation of -0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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

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

EQQQ.L is categorized as Nasdaq-100, while IUES.L is Energy Equities. EQQQ.L tracks NASDAQ-100 Index, while IUES.L tracks MSCI World/Energy NR USD. They also come from different issuers: Invesco and iShares. Their fees differ too: 0.30% for EQQQ.L and 0.15% for IUES.L.

Portfolio Optimizer

Find the right allocation for EQQQ.L and IUES.L

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer