EQQQ.L vs. LQQ.PA
EQQQ.L (Invesco EQQQ NASDAQ-100 UCITS ETF) and LQQ.PA (Lyxor UCITS NASDAQ-100 Daily Leverage) are both Nasdaq-100 funds - EQQQ.L tracks the NASDAQ-100 Index while LQQ.PA tracks the Nasdaq 100® Leverage (2x) index. Both are passively managed. Over the past 10 years, EQQQ.L returned 22.47%/yr vs 36.95%/yr for LQQ.PA. Their correlation of 0.88 suggests significant overlap in exposure. EQQQ.L charges 0.30%/yr vs 0.60%/yr for LQQ.PA.
Performance
EQQQ.L vs. LQQ.PA - Performance Comparison
Loading charts...
Different Trading Currencies
EQQQ.L is traded in GBp, while LQQ.PA is traded in EUR. To make them comparable, the LQQ.PA 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 19.86% return, which is significantly lower than LQQ.PA's 38.92% return. Over the past 10 years, EQQQ.L has underperformed LQQ.PA with an annualized return of 22.47%, while LQQ.PA has yielded a comparatively higher 36.95% annualized 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%
LQQ.PA
- 1D
- -1.26%
- 1M
- 18.24%
- YTD
- 38.92%
- 6M
- 35.53%
- 1Y
- 84.02%
- 3Y*
- 45.03%
- 5Y*
- 27.08%
- 10Y*
- 36.95%
EQQQ.L vs. LQQ.PA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EQQQ.L Invesco EQQQ NASDAQ-100 UCITS ETF | 19.86% | 11.54% | 28.55% | 47.79% | -25.54% | 29.59% | 43.32% | 33.69% | 4.64% | 20.12% |
LQQ.PA Lyxor UCITS NASDAQ-100 Daily Leverage | 38.92% | 20.27% | 49.88% | 108.09% | -57.09% | 61.06% | 84.01% | 72.88% | -2.62% | 54.88% |
Correlation
The correlation between EQQQ.L and LQQ.PA is 0.94, 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 | 0.94 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.94 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.94 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.93 |
Correlation (All Time) Calculated using the full available price history since Jul 3, 2007 | 0.88 |
The correlation between EQQQ.L and LQQ.PA has been stable across timeframes, ranging from 0.88 to 0.94 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
EQQQ.L vs. LQQ.PA — Risk / Return Rank
EQQQ.L
LQQ.PA
EQQQ.L vs. LQQ.PA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.L) and Lyxor UCITS NASDAQ-100 Daily Leverage (LQQ.PA). 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 | LQQ.PA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.07 | ||
| Sortino ratioReturn per unit of downside risk | +0.38 | ||
| Omega ratioGain probability vs. loss probability | 1.50 | 1.43 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 3.78 | 3.64 | +0.14 |
| Martin ratioReturn relative to average drawdown | 11.13 | 11.08 | +0.06 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| EQQQ.L | LQQ.PA | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.82 | 2.75 | +0.07 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.99 | 0.68 | +0.31 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.16 | 0.95 | +0.21 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.92 | 0.72 | +0.20 |
Drawdowns
EQQQ.L vs. LQQ.PA - Drawdown Comparison
The maximum EQQQ.L drawdown since its inception was -33.75%, smaller than the maximum LQQ.PA drawdown of -69.49%. Use the drawdown chart below to compare losses from any high point for EQQQ.L and LQQ.PA.
Loading charts...
Drawdown Indicators
| EQQQ.L | LQQ.PA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.75% | -69.49% | +35.74% |
Max Drawdown (1Y)Largest decline over 1 year | -10.97% | -22.74% | +11.77% |
Max Drawdown (3Y)Largest decline over 3 years | -24.09% | -42.84% | +18.75% |
Max Drawdown (5Y)Largest decline over 5 years | -27.76% | -59.16% | +31.40% |
Max Drawdown (10Y)Largest decline over 10 years | -27.76% | -59.16% | +31.40% |
Current DrawdownCurrent decline from peak | -0.63% | -1.26% | +0.63% |
Average DrawdownAverage peak-to-trough decline | -5.61% | -13.85% | +8.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.73% | 7.51% | -3.78% |
Volatility
EQQQ.L vs. LQQ.PA - Volatility Comparison
The current volatility for Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.L) is 4.15%, while Lyxor UCITS NASDAQ-100 Daily Leverage (LQQ.PA) has a volatility of 9.26%. This indicates that EQQQ.L experiences smaller price fluctuations and is considered to be less risky than LQQ.PA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EQQQ.L | LQQ.PA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.15% | 9.26% | -5.11% |
Volatility (6M)Calculated over the trailing 6-month period | 10.33% | 21.97% | -11.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.70% | 30.10% | -15.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.14% | 39.16% | -20.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.35% | 38.33% | -18.98% |
EQQQ.L vs. LQQ.PA - Expense Ratio Comparison
EQQQ.L has a 0.30% expense ratio, which is lower than LQQ.PA's 0.60% expense ratio.
Dividends
EQQQ.L vs. LQQ.PA - Dividend Comparison
EQQQ.L's dividend yield for the trailing twelve months is around 0.23%, while LQQ.PA has not paid dividends to shareholders.
| 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% |
LQQ.PA Lyxor UCITS NASDAQ-100 Daily Leverage | 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
With a correlation of 0.94, EQQQ.L and LQQ.PA move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, EQQQ.L is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EQQQ.L is cheaper with a 0.30% expense ratio, compared with 0.60% for LQQ.PA.
EQQQ.L tracks NASDAQ-100 Index, while LQQ.PA tracks Nasdaq 100® Leverage (2x) index. They also come from different issuers: Invesco and Amundi. Their fees differ too: 0.30% for EQQQ.L and 0.60% for LQQ.PA.
Find the right allocation for EQQQ.L and LQQ.PA
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