EQQU.L vs. COPX
Compare and contrast key facts about Invesco EQQQ NASDAQ-100 UCITS ETF (EQQU.L) and Global X Copper Miners ETF (COPX).
EQQU.L and COPX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EQQU.L is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Dec 2, 2002. COPX is a passively managed fund by Global X that tracks the performance of the Solactive Global Copper Miners Index. It was launched on Apr 19, 2010. Both EQQU.L and COPX 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: EQQU.L or COPX.
Key characteristics
| EQQU.L | COPX | |
|---|---|---|
| YTD Return | 24.81% | 18.06% |
| 1Y Return | 37.47% | 39.54% |
| 3Y Return (Ann) | 9.10% | 9.17% |
| 5Y Return (Ann) | 20.69% | 20.67% |
| Sharpe Ratio | 2.27 | 1.20 |
| Sortino Ratio | 3.01 | 1.74 |
| Omega Ratio | 1.40 | 1.22 |
| Calmar Ratio | 3.02 | 1.26 |
| Martin Ratio | 10.61 | 3.46 |
| Ulcer Index | 3.51% | 11.56% |
| Daily Std Dev | 16.36% | 33.29% |
| Max Drawdown | -35.54% | -83.16% |
| Current Drawdown | 0.00% | -16.02% |
Correlation
The correlation between EQQU.L and COPX is 0.35, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
EQQU.L vs. COPX - Performance Comparison
In the year-to-date period, EQQU.L achieves a 24.81% return, which is significantly higher than COPX's 18.06% 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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EQQU.L vs. COPX - Expense Ratio Comparison
EQQU.L has a 0.30% expense ratio, which is lower than COPX's 0.65% expense ratio.
Risk-Adjusted Performance
EQQU.L vs. COPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco EQQQ NASDAQ-100 UCITS ETF (EQQU.L) and Global X Copper Miners ETF (COPX). 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
EQQU.L vs. COPX - Dividend Comparison
EQQU.L has not paid dividends to shareholders, while COPX's dividend yield for the trailing twelve months is around 1.25%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EQQU.L Invesco EQQQ NASDAQ-100 UCITS 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% |
COPX Global X Copper Miners ETF | 1.25% | 2.39% | 3.14% | 1.48% | 1.30% | 1.37% | 2.58% | 1.56% | 0.59% | 1.20% | 2.31% | 0.70% |
Drawdowns
EQQU.L vs. COPX - Drawdown Comparison
The maximum EQQU.L drawdown since its inception was -35.54%, smaller than the maximum COPX drawdown of -83.16%. Use the drawdown chart below to compare losses from any high point for EQQU.L and COPX. For additional features, visit the drawdowns tool.
Volatility
EQQU.L vs. COPX - Volatility Comparison
The current volatility for Invesco EQQQ NASDAQ-100 UCITS ETF (EQQU.L) is 4.87%, while Global X Copper Miners ETF (COPX) has a volatility of 10.85%. This indicates that EQQU.L experiences smaller price fluctuations and is considered to be less risky than COPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.