EQQU.L vs. NESP.L
EQQU.L (Invesco EQQQ NASDAQ-100 UCITS ETF) and NESP.L (Invesco Nasdaq-100 ESG UCITS ETF Acc) are both Nasdaq-100 funds from Invesco - EQQU.L tracks the NASDAQ-100 Index while NESP.L tracks the Russell 1000 Growth TR USD. Both are passively managed. Over the past 3 years, EQQU.L returned 23.79%/yr vs 25.30%/yr for NESP.L. Their correlation of 0.95 suggests significant overlap in exposure. EQQU.L charges 0.30%/yr vs 0.25%/yr for NESP.L.
Performance
EQQU.L vs. NESP.L - Performance Comparison
Loading charts...
Different Trading Currencies
EQQU.L is traded in USD, while NESP.L is traded in GBp. To make them comparable, the NESP.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, EQQU.L achieves a 15.84% return, which is significantly lower than NESP.L's 17.76% return.
EQQU.L
- 1D
- -0.70%
- 1M
- -3.49%
- 6M
- 16.03%
- YTD
- 15.84%
- 1Y
- 28.39%
- 3Y*
- 23.79%
- 5Y*
- 15.27%
- 10Y*
- 21.00%
NESP.L
- 1D
- 0.00%
- 1M
- -2.26%
- 6M
- 18.13%
- YTD
- 17.76%
- 1Y
- 31.10%
- 3Y*
- 25.30%
- 5Y*
- —
- 10Y*
- —
EQQU.L vs. NESP.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
EQQU.L Invesco EQQQ NASDAQ-100 UCITS ETF | 15.84% | 19.75% | 26.54% | 56.26% | -33.45% | 6.96% |
NESP.L Invesco Nasdaq-100 ESG UCITS ETF Acc | 17.76% | 21.29% | 26.52% | 55.94% | -32.55% | -21.84% |
Correlation
The correlation between EQQU.L and NESP.L is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.94 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.95 |
Correlation (All Time) Calculated using the full available price history since Oct 25, 2021 | 0.95 |
The correlation between EQQU.L and NESP.L has been stable across timeframes, ranging from 0.94 to 0.95 - a consistent structural relationship.
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
EQQU.L vs. NESP.L — Risk / Return Rank
EQQU.L
NESP.L
EQQU.L vs. NESP.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco EQQQ NASDAQ-100 UCITS ETF (EQQU.L) and Invesco Nasdaq-100 ESG UCITS ETF Acc (NESP.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.
| EQQU.L | NESP.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.10 | ||
| Sortino ratioReturn per unit of downside risk | -0.06 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.30 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.57 | 2.57 | 0.00 |
| Martin ratioReturn relative to average drawdown | 8.59 | 8.67 | -0.09 |
Loading charts...
Drawdowns
EQQU.L vs. NESP.L - Drawdown Comparison
The maximum EQQU.L drawdown since its inception was -35.17%, smaller than the maximum NESP.L drawdown of -49.60%. Use the drawdown chart below to compare losses from any high point for EQQU.L and NESP.L.
Loading charts...
Drawdown Indicators
| EQQU.L | NESP.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.17% | -49.60% | +14.43% |
Max Drawdown (1Y)Largest decline over 1 year | -11.00% | -12.18% | +1.18% |
Max Drawdown (3Y)Largest decline over 3 years | -22.30% | -23.01% | +0.71% |
Max Drawdown (5Y)Largest decline over 5 years | -35.17% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -35.17% | — | — |
Current DrawdownCurrent decline from peak | -3.84% | -2.82% | -1.02% |
Average DrawdownAverage peak-to-trough decline | -6.03% | -18.77% | +12.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.30% | 3.59% | -0.29% |
Volatility
EQQU.L vs. NESP.L - Volatility Comparison
The current volatility for Invesco EQQQ NASDAQ-100 UCITS ETF (EQQU.L) is 5.86%, while Invesco Nasdaq-100 ESG UCITS ETF Acc (NESP.L) has a volatility of 6.85%. This indicates that EQQU.L experiences smaller price fluctuations and is considered to be less risky than NESP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EQQU.L | NESP.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.86% | 6.85% | -0.99% |
Volatility (6M)Calculated over the trailing 6-month period | 13.80% | 14.24% | -0.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.38% | 18.07% | -0.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.02% | 24.77% | -3.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.01% | 24.77% | -4.76% |
EQQU.L vs. NESP.L - Expense Ratio Comparison
EQQU.L has a 0.30% expense ratio, which is higher than NESP.L's 0.25% expense ratio.
Dividends
EQQU.L vs. NESP.L - Dividend Comparison
EQQU.L's dividend yield for the trailing twelve months is around 0.23%, while NESP.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EQQU.L Invesco EQQQ NASDAQ-100 UCITS ETF | 0.23% | 0.29% | 0.38% | 0.39% | 0.56% | 0.26% | 0.39% | 0.55% | 0.65% | 0.64% | 0.82% | 0.74% |
NESP.L Invesco Nasdaq-100 ESG UCITS ETF Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.94, EQQU.L and NESP.L move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, NESP.L is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
NESP.L is cheaper with a 0.25% expense ratio, compared with 0.30% for EQQU.L.
EQQU.L tracks NASDAQ-100 Index, while NESP.L tracks Russell 1000 Growth TR USD. Their fees differ too: 0.30% for EQQU.L and 0.25% for NESP.L.
Find the right allocation for EQQU.L and NESP.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