EQQX.DE vs. BTIC.DE
EQQX.DE (Invesco Nasdaq-100 Swap UCITS ETF Acc) and BTIC.DE (Invesco Physical Bitcoin ETP) are both exchange-traded funds - EQQX.DE is a Nasdaq-100 fund tracking the Nasdaq 100®, while BTIC.DE is a Cryptocurrency fund managed by Invesco. Over the past 3 years, EQQX.DE returned 25.43%/yr vs 26.72%/yr for BTIC.DE. At a 0.40 correlation, their price movements are largely independent. EQQX.DE charges 0.20%/yr vs 0.10%/yr for BTIC.DE.
Performance
EQQX.DE vs. BTIC.DE - Performance Comparison
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Different Trading Currencies
EQQX.DE is traded in EUR, while BTIC.DE is traded in USD. To make them comparable, the BTIC.DE values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, EQQX.DE achieves a 21.61% return, which is significantly higher than BTIC.DE's -25.63% return.
EQQX.DE
- 1D
- 0.11%
- 1M
- 8.86%
- YTD
- 21.61%
- 6M
- 19.72%
- 1Y
- 38.41%
- 3Y*
- 25.43%
- 5Y*
- 19.11%
- 10Y*
- —
BTIC.DE
- 1D
- -3.81%
- 1M
- -20.62%
- YTD
- -25.63%
- 6M
- -30.74%
- 1Y
- -41.55%
- 3Y*
- 26.72%
- 5Y*
- —
- 10Y*
- —
EQQX.DE vs. BTIC.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
EQQX.DE Invesco Nasdaq-100 Swap UCITS ETF Acc | 21.61% | 7.13% | 33.88% | 51.62% | -29.90% | 2.60% |
BTIC.DE Invesco Physical Bitcoin ETP | -25.62% | -26.09% | 143.52% | 141.40% | -61.47% | -13.29% |
Correlation
The correlation between EQQX.DE and BTIC.DE is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.46 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.36 |
Correlation (All Time) Calculated using the full available price history since Nov 29, 2021 | 0.40 |
The correlation between EQQX.DE and BTIC.DE shifts across timeframes, from 0.36 (3 years) to 0.46 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
EQQX.DE vs. BTIC.DE — Risk / Return Rank
EQQX.DE
BTIC.DE
EQQX.DE vs. BTIC.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Nasdaq-100 Swap UCITS ETF Acc (EQQX.DE) and Invesco Physical Bitcoin ETP (BTIC.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.
| EQQX.DE | BTIC.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.51 | ||
| Sortino ratioReturn per unit of downside risk | +4.82 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 0.83 | +0.60 |
| Calmar ratioReturn relative to maximum drawdown | 3.91 | -0.83 | +4.75 |
| Martin ratioReturn relative to average drawdown | 11.64 | -1.47 | +13.12 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| EQQX.DE | BTIC.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.49 | -1.02 | +3.51 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.95 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.90 | 0.03 | +0.86 |
Drawdowns
EQQX.DE vs. BTIC.DE - Drawdown Comparison
The maximum EQQX.DE drawdown since its inception was -31.17%, smaller than the maximum BTIC.DE drawdown of -68.94%. Use the drawdown chart below to compare losses from any high point for EQQX.DE and BTIC.DE.
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Drawdown Indicators
| EQQX.DE | BTIC.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.17% | -68.94% | +37.77% |
Max Drawdown (1Y)Largest decline over 1 year | -9.97% | -49.68% | +39.71% |
Max Drawdown (3Y)Largest decline over 3 years | -26.80% | -53.62% | +26.82% |
Max Drawdown (5Y)Largest decline over 5 years | -31.17% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -52.21% | +52.21% |
Average DrawdownAverage peak-to-trough decline | -7.99% | -31.90% | +23.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.36% | 28.15% | -24.79% |
Volatility
EQQX.DE vs. BTIC.DE - Volatility Comparison
The current volatility for Invesco Nasdaq-100 Swap UCITS ETF Acc (EQQX.DE) is 4.15%, while Invesco Physical Bitcoin ETP (BTIC.DE) has a volatility of 10.17%. This indicates that EQQX.DE experiences smaller price fluctuations and is considered to be less risky than BTIC.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EQQX.DE | BTIC.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.15% | 10.17% | -6.02% |
Volatility (6M)Calculated over the trailing 6-month period | 10.89% | 31.94% | -21.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.75% | 40.61% | -24.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.86% | 50.56% | -30.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.79% | 50.56% | -30.77% |
EQQX.DE vs. BTIC.DE - Expense Ratio Comparison
EQQX.DE has a 0.20% expense ratio, which is higher than BTIC.DE's 0.10% 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%.
Dividends
EQQX.DE vs. BTIC.DE - Dividend Comparison
Neither EQQX.DE nor BTIC.DE has paid dividends to shareholders.
Frequently Asked Questions
EQQX.DE and BTIC.DE have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, BTIC.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
BTIC.DE is cheaper with a 0.10% expense ratio, compared with 0.20% for EQQX.DE.
EQQX.DE is categorized as Nasdaq-100, while BTIC.DE is Cryptocurrency. Their fees differ too: 0.20% for EQQX.DE and 0.10% for BTIC.DE.
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