EQQS.L vs. XUTC.DE

Last updated Apr 2, 2026

Compare and contrast key facts about Invesco NASDAQ-100 Swap UCITS ETF Acc (EQQS.L) and Xtrackers MSCI USA Information Technology UCITS ETF 1D (XUTC.DE).

EQQS.L and XUTC.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EQQS.L is a passively managed fund by Invesco that tracks the performance of the NASDAQ - 100 Notional NTR Index. It was launched on Jun 21, 2021. XUTC.DE is a passively managed fund by Xtrackers that tracks the performance of the MSCI USA Information Technology 20/35 Custom. It was launched on Sep 12, 2017. Both EQQS.L and XUTC.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

EQQS.L vs. XUTC.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco NASDAQ-100 Swap UCITS ETF Acc (EQQS.L) and Xtrackers MSCI USA Information Technology UCITS ETF 1D (XUTC.DE). The values are adjusted to include any dividend payments, if applicable.

EQQS.L vs. XUTC.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
EQQS.L Invesco NASDAQ-100 Swap UCITS ETF Acc	-5.09%	19.85%	26.77%	55.63%	-33.47%	19.57%
XUTC.DE Xtrackers MSCI USA Information Technology UCITS ETF 1D	-9.02%	23.99%	36.33%	57.18%	-31.42%	22.74%

Different Trading Currencies

EQQS.L is traded in USD, while XUTC.DE is traded in EUR. To make them comparable, the XUTC.DE values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, EQQS.L achieves a -5.09% return, which is significantly higher than XUTC.DE's -9.02% return.

EQQS.L

• 1D: 3.38%
• 1M: -3.03%
• YTD: -5.09%
• 6M: -2.18%
• 1Y: 24.74%
• 3Y*: 23.31%
• 5Y*: —
• 10Y*: —

XUTC.DE

• 1D: 3.48%
• 1M: -2.74%
• YTD: -9.02%
• 6M: -7.30%
• 1Y: 29.62%
• 3Y*: 26.01%
• 5Y*: 16.40%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

EQQS.L vs. XUTC.DE - Expense Ratio Comparison

EQQS.L has a 0.20% expense ratio, which is higher than XUTC.DE's 0.12% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

EQQS.L

Invesco NASDAQ-100 Swap UCITS ETF Acc

XUTC.DE

Xtrackers MSCI USA Information Technology UCITS ETF 1D

Return for Risk

EQQS.L vs. XUTC.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EQQS.L

EQQS.L Risk / Return Rank: 70
EQQS.L Sharpe Ratio Rank: 68
EQQS.L Sortino Ratio Rank: 71
EQQS.L Omega Ratio Rank: 65
EQQS.L Calmar Ratio Rank: 76
EQQS.L Martin Ratio Rank: 71

XUTC.DE

XUTC.DE Risk / Return Rank: 41
XUTC.DE Sharpe Ratio Rank: 41
XUTC.DE Sortino Ratio Rank: 43
XUTC.DE Omega Ratio Rank: 40
XUTC.DE Calmar Ratio Rank: 44
XUTC.DE Martin Ratio Rank: 35

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.

EQQS.L vs. XUTC.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco NASDAQ-100 Swap UCITS ETF Acc (EQQS.L) and Xtrackers MSCI USA Information Technology UCITS ETF 1D (XUTC.DE). 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.

	EQQS.L	XUTC.DE	Difference
Sharpe ratio Return per unit of total volatility	1.26	1.18	+0.08
Sortino ratio Return per unit of downside risk	1.87	1.74	+0.13
Omega ratio Gain probability vs. loss probability	1.25	1.23	+0.02
Calmar ratio Return relative to maximum drawdown	2.15	1.67	+0.48
Martin ratio Return relative to average drawdown	7.86	5.13	+2.72
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EQQS.L vs. XUTC.DE - Sharpe Ratio Comparison

The current EQQS.L Sharpe Ratio is 1.26, which is comparable to the XUTC.DE Sharpe Ratio of 1.18. The chart below compares the historical Sharpe Ratios of EQQS.L and XUTC.DE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	EQQS.L	XUTC.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.26	1.18	+0.08
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.69	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.63	0.91	-0.28

Correlation

The correlation between EQQS.L and XUTC.DE is 0.81, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

EQQS.L vs. XUTC.DE - Dividend Comparison

EQQS.L has not paid dividends to shareholders, while XUTC.DE's dividend yield for the trailing twelve months is around 0.35%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018
EQQS.L Invesco NASDAQ-100 Swap UCITS ETF Acc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
XUTC.DE Xtrackers MSCI USA Information Technology UCITS ETF 1D	0.35%	0.34%	0.36%	0.53%	1.14%	0.51%	0.64%	0.59%	0.58%

Drawdowns

EQQS.L vs. XUTC.DE - Drawdown Comparison

The maximum EQQS.L drawdown since its inception was -34.93%, roughly equal to the maximum XUTC.DE drawdown of -34.59%. Use the drawdown chart below to compare losses from any high point for EQQS.L and XUTC.DE.

Drawdown Indicators

	EQQS.L	XUTC.DE	Difference
Max Drawdown Largest peak-to-trough decline	-34.93%	-31.79%	-3.14%
Max Drawdown (1Y) Largest decline over 1 year	-11.93%	-16.16%	+4.23%
Max Drawdown (5Y) Largest decline over 5 years	—	-30.48%	—
Current Drawdown Current decline from peak	-7.52%	-13.51%	+5.99%
Average Drawdown Average peak-to-trough decline	-9.30%	-6.44%	-2.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.06%	6.05%	-2.99%

Volatility

EQQS.L vs. XUTC.DE - Volatility Comparison

Invesco NASDAQ-100 Swap UCITS ETF Acc (EQQS.L) and Xtrackers MSCI USA Information Technology UCITS ETF 1D (XUTC.DE) have volatilities of 6.06% and 6.31%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EQQS.L	XUTC.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.06%	6.31%	-0.25%
Volatility (6M) Calculated over the trailing 6-month period	11.94%	15.38%	-3.44%
Volatility (1Y) Calculated over the trailing 1-year period	19.63%	25.04%	-5.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.63%	23.61%	-0.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.63%	23.37%	-0.74%