EQQQ.L vs. T3GB.L
EQQQ.L (Invesco EQQQ NASDAQ-100 UCITS ETF) and T3GB.L (Invesco US Treasury Bond 1-3 Year UCITS ETF GBP Hdg Dist) are both exchange-traded funds - EQQQ.L is a Nasdaq-100 fund tracking the NASDAQ-100 Index, while T3GB.L is a Government Bonds fund tracking the Invesco US Treasury Bond 1-3 Year UCITS ETF GBP Hdg Dist. Both are passively managed. Over the past 5 years, EQQQ.L returned 15.80%/yr vs 1.45%/yr for T3GB.L. At a correlation of -0.11, they often move in opposite directions. EQQQ.L charges 0.30%/yr vs 0.10%/yr for T3GB.L.
Performance
EQQQ.L vs. T3GB.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EQQQ.L achieves a 15.65% return, which is significantly higher than T3GB.L's 0.73% return.
EQQQ.L
- 1D
- -1.34%
- 1M
- -3.89%
- 6M
- 15.70%
- YTD
- 15.65%
- 1Y
- 27.43%
- 3Y*
- 22.66%
- 5Y*
- 15.80%
- 10Y*
- 20.77%
T3GB.L
- 1D
- 0.08%
- 1M
- 0.14%
- 6M
- 0.68%
- YTD
- 0.73%
- 1Y
- 3.20%
- 3Y*
- 4.01%
- 5Y*
- 1.45%
- 10Y*
- —
EQQQ.L vs. T3GB.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
EQQQ.L Invesco EQQQ NASDAQ-100 UCITS ETF | 15.65% | 11.54% | 28.55% | 47.79% | -25.54% | 29.59% | 43.32% | 9.76% |
T3GB.L Invesco US Treasury Bond 1-3 Year UCITS ETF GBP Hdg Dist | 0.73% | 4.94% | 3.79% | 3.35% | -4.53% | -0.90% | 2.61% | 0.19% |
Correlation
The correlation between EQQQ.L and T3GB.L is -0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.07 |
Correlation (All Time) Calculated using the full available price history since Jun 28, 2019 | -0.11 |
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. T3GB.L — Risk / Return Rank
EQQQ.L
T3GB.L
EQQQ.L vs. T3GB.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 Invesco US Treasury Bond 1-3 Year UCITS ETF GBP Hdg Dist (T3GB.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| EQQQ.L | T3GB.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.00 | ||
| Sortino ratioReturn per unit of downside risk | -2.00 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.55 | -0.26 |
| Calmar ratioReturn relative to maximum drawdown | 2.49 | 4.45 | -1.96 |
| Martin ratioReturn relative to average drawdown | 7.02 | 16.64 | -9.62 |
Loading charts...
Drawdowns
EQQQ.L vs. T3GB.L - Drawdown Comparison
The maximum EQQQ.L drawdown since its inception was -65.36%, which is greater than T3GB.L's maximum drawdown of -6.48%. Use the drawdown chart below to compare losses from any high point for EQQQ.L and T3GB.L.
Loading charts...
Drawdown Indicators
| EQQQ.L | T3GB.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.36% | -6.48% | -58.88% |
Max Drawdown (1Y)Largest decline over 1 year | -10.97% | -0.72% | -10.25% |
Max Drawdown (3Y)Largest decline over 3 years | -24.09% | -0.91% | -23.18% |
Max Drawdown (5Y)Largest decline over 5 years | -27.76% | -6.38% | -21.38% |
Max Drawdown (10Y)Largest decline over 10 years | -27.76% | — | — |
Current DrawdownCurrent decline from peak | -4.95% | 0.00% | -4.95% |
Average DrawdownAverage peak-to-trough decline | -12.46% | -1.53% | -10.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.90% | 0.19% | +3.71% |
Volatility
EQQQ.L vs. T3GB.L - Volatility Comparison
Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.L) has a higher volatility of 6.19% compared to Invesco US Treasury Bond 1-3 Year UCITS ETF GBP Hdg Dist (T3GB.L) at 0.35%. This indicates that EQQQ.L's price experiences larger fluctuations and is considered to be riskier than T3GB.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EQQQ.L | T3GB.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.19% | 0.35% | +5.84% |
Volatility (6M)Calculated over the trailing 6-month period | 12.46% | 0.87% | +11.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.44% | 1.20% | +15.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.40% | 2.03% | +17.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.38% | 1.81% | +17.57% |
EQQQ.L vs. T3GB.L - Expense Ratio Comparison
EQQQ.L has a 0.30% expense ratio, which is higher than T3GB.L's 0.10% expense ratio.
Dividends
EQQQ.L vs. T3GB.L - Dividend Comparison
EQQQ.L's dividend yield for the trailing twelve months is around 0.23%, less than T3GB.L's 3.84% yield.
| 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% |
T3GB.L Invesco US Treasury Bond 1-3 Year UCITS ETF GBP Hdg Dist | 3.84% | 3.95% | 4.36% | 4.05% | 1.98% | 0.28% | 1.15% | 0.81% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
EQQQ.L and T3GB.L have a correlation of -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, T3GB.L is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
T3GB.L is cheaper with a 0.10% expense ratio, compared with 0.30% for EQQQ.L.
EQQQ.L is categorized as Nasdaq-100, while T3GB.L is Government Bonds. EQQQ.L tracks NASDAQ-100 Index, while T3GB.L tracks Invesco US Treasury Bond 1-3 Year UCITS ETF GBP Hdg Dist. Their fees differ too: 0.30% for EQQQ.L and 0.10% for T3GB.L.
Find the right allocation for EQQQ.L and T3GB.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