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EQQQ.L vs. QQQY.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

EQQQ.L vs. QQQY.L

Last updated Jun 5, 2026

EQQQ.L (Invesco EQQQ NASDAQ-100 UCITS ETF) and QQQY.L (IncomeShares Nasdaq 100 Options (0DTE) ETP) are both Nasdaq-100 funds. EQQQ.L is passively managed, while QQQY.L is actively managed. Over the past year, EQQQ.L returned 41.62% vs 33.09% for QQQY.L. A 0.62 correlation means they provide meaningful diversification when combined. EQQQ.L charges 0.30%/yr vs 0.45%/yr for QQQY.L.

Performance

EQQQ.L vs. QQQY.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 IncomeShares Nasdaq 100 Options (0DTE) ETP (QQQY.L). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

EQQQ.L is traded in GBp, while QQQY.L is traded in USD. To make them comparable, the QQQY.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 19.86% return, which is significantly higher than QQQY.L's 15.57% 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%

QQQY.L

1D
-0.82%
1M
8.63%
YTD
15.57%
6M
13.96%
1Y
33.09%
3Y*
—
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

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

2026 (YTD)20252024
EQQQ.L
Invesco EQQQ NASDAQ-100 UCITS ETF		19.86%11.54%16.24%
QQQY.L
IncomeShares Nasdaq 100 Options (0DTE) ETP		15.57%6.11%13.12%

Correlation

The correlation between EQQQ.L and QQQY.L is 0.70, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

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

0.70

Correlation (All Time)
Calculated using the full available price history since Aug 29, 2024

0.62

The correlation between EQQQ.L and QQQY.L has been stable across timeframes, ranging from 0.62 to 0.70 - 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.

Invesco EQQQ NASDAQ-100 UCITS ETF

IncomeShares Nasdaq 100 Options (0DTE) ETP

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 QQQY.L:
QQQY.L vs. QQQQQQY.L vs. QQQIQQQY.L vs. MSTYQQQY.L vs. COIY.DEQQQY.L vs. VOOQQQY.L vs. SPYY.LQQQY.L vs. MAGD.L

Return for Risk

EQQQ.L vs. QQQY.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: 8484
Sortino Ratio Rank
EQQQ.L Omega Ratio Rank: 8383
Omega Ratio Rank
EQQQ.L Calmar Ratio Rank: 7676
Calmar Ratio Rank
EQQQ.L Martin Ratio Rank: 6363
Martin Ratio Rank
QQQY.L
QQQY.L Risk / Return Rank: 7171
Overall Rank
QQQY.L Sharpe Ratio Rank: 6767
Sharpe Ratio Rank
QQQY.L Sortino Ratio Rank: 6262
Sortino Ratio Rank
QQQY.L Omega Ratio Rank: 7070
Omega Ratio Rank
QQQY.L Calmar Ratio Rank: 8282
Calmar Ratio Rank
QQQY.L Martin Ratio Rank: 7373
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. QQQY.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 IncomeShares Nasdaq 100 Options (0DTE) ETP (QQQY.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.LQQQY.LDifference
Sharpe ratioReturn per unit of total volatility
2.82
2.16

+0.66

Sortino ratioReturn per unit of downside risk
3.71
2.79

+0.92

Omega ratioGain probability vs. loss probability

1.50

1.43

+0.07

Calmar ratioReturn relative to maximum drawdown

3.78

4.75

-0.97

Martin ratioReturn relative to average drawdown

11.13

10.65

+0.48

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. QQQY.L - Sharpe Ratio Comparison

The current EQQQ.L Sharpe Ratio is 2.82, which is higher than the QQQY.L Sharpe Ratio of 2.16. The chart below compares the historical Sharpe Ratios of EQQQ.L and QQQY.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.

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Sharpe Ratios by Period

EQQQ.LQQQY.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.82

2.16

+0.66

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

0.96

-0.04

Drawdowns

EQQQ.L vs. QQQY.L - Drawdown Comparison

The maximum EQQQ.L drawdown since its inception was -33.75%, which is greater than QQQY.L's maximum drawdown of -22.90%. Use the drawdown chart below to compare losses from any high point for EQQQ.L and QQQY.L.

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Drawdown Indicators

EQQQ.LQQQY.LDifference

Max Drawdown

Largest peak-to-trough decline

-33.75%

-22.90%

-10.85%

Max Drawdown (1Y)

Largest decline over 1 year

-10.97%

-6.93%

-4.04%

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%

-0.82%

+0.19%

Average Drawdown

Average peak-to-trough decline

-5.61%

-5.03%

-0.58%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.73%

3.10%

+0.63%

Volatility

EQQQ.L vs. QQQY.L - Volatility Comparison

The current volatility for Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.L) is 4.15%, while IncomeShares Nasdaq 100 Options (0DTE) ETP (QQQY.L) has a volatility of 4.83%. This indicates that EQQQ.L experiences smaller price fluctuations and is considered to be less risky than QQQY.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.LQQQY.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.15%

4.83%

-0.68%

Volatility (6M)

Calculated over the trailing 6-month period

10.33%

10.38%

-0.05%

Volatility (1Y)

Calculated over the trailing 1-year period

14.70%

15.28%

-0.58%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

19.14%

21.26%

-2.12%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

19.35%

21.26%

-1.91%

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

EQQQ.L has a 0.30% expense ratio, which is lower than QQQY.L's 0.45% expense ratio.

Dividends

EQQQ.L vs. QQQY.L - Dividend Comparison

EQQQ.L's dividend yield for the trailing twelve months is around 0.23%, less than QQQY.L's 67.73% yield.

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%
QQQY.L
IncomeShares Nasdaq 100 Options (0DTE) ETP		67.73%120.60%18.65%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

EQQQ.L and QQQY.L have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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 0.45% for QQQY.L.

They also come from different issuers: Invesco and Leverage Shares. Their fees differ too: 0.30% for EQQQ.L and 0.45% for QQQY.L.

Portfolio Optimizer

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

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

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