EQQQ.L vs. SCHG
Compare and contrast key facts about Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.L) and Schwab U.S. Large-Cap Growth ETF (SCHG).
EQQQ.L and SCHG 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. SCHG is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones U.S. Large-Cap Growth Total Stock Market Total Return Index. It was launched on Dec 11, 2009. Both EQQQ.L and SCHG 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 SCHG.
Key characteristics
| EQQQ.L | SCHG | |
|---|---|---|
| YTD Return | 11.14% | 14.27% |
| 1Y Return | 36.81% | 40.43% |
| 3Y Return (Ann) | 16.65% | 12.90% |
| 5Y Return (Ann) | 20.36% | 19.33% |
| 10Y Return (Ann) | 21.89% | 16.13% |
| Sharpe Ratio | 2.14 | 2.67 |
| Daily Std Dev | 15.73% | 15.84% |
| Max Drawdown | -33.70% | -34.59% |
| Current Drawdown | 0.00% | -0.35% |
Correlation
The correlation between EQQQ.L and SCHG is 0.59, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
EQQQ.L vs. SCHG - Performance Comparison
In the year-to-date period, EQQQ.L achieves a 11.14% return, which is significantly lower than SCHG's 14.27% return. Over the past 10 years, EQQQ.L has outperformed SCHG with an annualized return of 21.89%, while SCHG has yielded a comparatively lower 16.13% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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EQQQ.L vs. SCHG - Expense Ratio Comparison
EQQQ.L has a 0.30% expense ratio, which is higher than SCHG's 0.04% expense ratio.
Risk-Adjusted Performance
EQQQ.L vs. SCHG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.L) and Schwab U.S. Large-Cap Growth ETF (SCHG). 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. SCHG - Dividend Comparison
EQQQ.L has not paid dividends to shareholders, while SCHG's dividend yield for the trailing twelve months is around 0.42%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EQQQ.L Invesco EQQQ NASDAQ-100 UCITS ETF | 0.00% | 0.00% | 0.01% | 0.00% | 0.00% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% |
SCHG Schwab U.S. Large-Cap Growth ETF | 0.42% | 0.46% | 0.55% | 0.42% | 0.52% | 0.82% | 1.27% | 1.01% | 0.82% | 1.22% | 1.09% | 1.07% |
Drawdowns
EQQQ.L vs. SCHG - Drawdown Comparison
The maximum EQQQ.L drawdown since its inception was -33.70%, roughly equal to the maximum SCHG drawdown of -34.59%. Use the drawdown chart below to compare losses from any high point for EQQQ.L and SCHG. For additional features, visit the drawdowns tool.
Volatility
EQQQ.L vs. SCHG - Volatility Comparison
Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.L) has a higher volatility of 6.14% compared to Schwab U.S. Large-Cap Growth ETF (SCHG) at 5.11%. This indicates that EQQQ.L's price experiences larger fluctuations and is considered to be riskier than SCHG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.