EQQQ.L vs. SVIX
Compare and contrast key facts about Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.L) and Volatility Shares -1x Short VIX Futures ETF (SVIX).
EQQQ.L and SVIX 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. SVIX is managed by Volatility Shares. It was launched on Mar 28, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EQQQ.L or SVIX.
Key characteristics
| EQQQ.L | SVIX | |
|---|---|---|
| YTD Return | 11.14% | 21.97% |
| 1Y Return | 36.81% | 133.72% |
| Sharpe Ratio | 2.14 | 2.91 |
| Daily Std Dev | 15.73% | 48.51% |
| Max Drawdown | -33.70% | -39.40% |
| Current Drawdown | 0.00% | -0.15% |
Correlation
The correlation between EQQQ.L and SVIX is 0.40, 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. SVIX - Performance Comparison
In the year-to-date period, EQQQ.L achieves a 11.14% return, which is significantly lower than SVIX's 21.97% 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. SVIX - Expense Ratio Comparison
EQQQ.L has a 0.30% expense ratio, which is lower than SVIX's 1.47% expense ratio.
Risk-Adjusted Performance
EQQQ.L vs. SVIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.L) and Volatility Shares -1x Short VIX Futures ETF (SVIX). 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. SVIX - Dividend Comparison
Neither EQQQ.L nor SVIX has paid dividends to shareholders.
| 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% |
SVIX Volatility Shares -1x Short VIX Futures ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
EQQQ.L vs. SVIX - Drawdown Comparison
The maximum EQQQ.L drawdown since its inception was -33.70%, smaller than the maximum SVIX drawdown of -39.40%. Use the drawdown chart below to compare losses from any high point for EQQQ.L and SVIX. For additional features, visit the drawdowns tool.
Volatility
EQQQ.L vs. SVIX - Volatility Comparison
The current volatility for Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.L) is 6.14%, while Volatility Shares -1x Short VIX Futures ETF (SVIX) has a volatility of 11.20%. This indicates that EQQQ.L experiences smaller price fluctuations and is considered to be less risky than SVIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.