EQQX.DE vs. FWEA.DE
EQQX.DE (Invesco Nasdaq-100 Swap UCITS ETF Acc) and FWEA.DE (Invesco FTSE All-World UCITS ETF) are both exchange-traded funds - EQQX.DE is a Nasdaq-100 fund tracking the Nasdaq 100®, while FWEA.DE is a Global Equities fund tracking the FTSE All-World Index. Both are passively managed. Over the past year, EQQX.DE returned 38.41% vs 25.98% for FWEA.DE. A 0.74 correlation means they provide meaningful diversification when combined. Both charge a 0.20% expense ratio.
Performance
EQQX.DE vs. FWEA.DE - Performance Comparison
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Returns By Period
In the year-to-date period, EQQX.DE achieves a 21.61% return, which is significantly higher than FWEA.DE's 10.64% 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*
- —
FWEA.DE
- 1D
- -0.24%
- 1M
- 2.84%
- YTD
- 10.64%
- 6M
- 11.58%
- 1Y
- 25.98%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EQQX.DE vs. FWEA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
EQQX.DE Invesco Nasdaq-100 Swap UCITS ETF Acc | 21.61% | 7.13% | 33.88% | 12.72% |
FWEA.DE Invesco FTSE All-World UCITS ETF | 10.64% | 17.53% | 19.21% | 8.62% |
Correlation
The correlation between EQQX.DE and FWEA.DE is 0.76, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.76 |
Correlation (All Time) Calculated using the full available price history since Jun 27, 2023 | 0.74 |
The correlation between EQQX.DE and FWEA.DE has been stable across timeframes, ranging from 0.74 to 0.76 - a consistent structural relationship.
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Return for Risk
EQQX.DE vs. FWEA.DE — Risk / Return Rank
EQQX.DE
FWEA.DE
EQQX.DE vs. FWEA.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 FTSE All-World UCITS ETF (FWEA.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 | FWEA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.20 | ||
| Sortino ratioReturn per unit of downside risk | -0.08 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.43 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 3.91 | 3.18 | +0.74 |
| Martin ratioReturn relative to average drawdown | 11.64 | 13.52 | -1.88 |
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 | FWEA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.49 | 2.30 | +0.20 |
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 | 1.51 | -0.62 |
Drawdowns
EQQX.DE vs. FWEA.DE - Drawdown Comparison
The maximum EQQX.DE drawdown since its inception was -31.17%, which is greater than FWEA.DE's maximum drawdown of -17.48%. Use the drawdown chart below to compare losses from any high point for EQQX.DE and FWEA.DE.
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Drawdown Indicators
| EQQX.DE | FWEA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.17% | -17.48% | -13.69% |
Max Drawdown (1Y)Largest decline over 1 year | -9.97% | -8.28% | -1.69% |
Max Drawdown (3Y)Largest decline over 3 years | -26.80% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -31.17% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -0.81% | +0.81% |
Average DrawdownAverage peak-to-trough decline | -7.99% | -1.86% | -6.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.36% | 1.95% | +1.41% |
Volatility
EQQX.DE vs. FWEA.DE - Volatility Comparison
Invesco Nasdaq-100 Swap UCITS ETF Acc (EQQX.DE) has a higher volatility of 4.15% compared to Invesco FTSE All-World UCITS ETF (FWEA.DE) at 3.36%. This indicates that EQQX.DE's price experiences larger fluctuations and is considered to be riskier than FWEA.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 | FWEA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.15% | 3.36% | +0.79% |
Volatility (6M)Calculated over the trailing 6-month period | 10.89% | 8.93% | +1.96% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.75% | 11.45% | +4.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.86% | 12.72% | +7.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.79% | 12.72% | +7.07% |
EQQX.DE vs. FWEA.DE - Expense Ratio Comparison
Both EQQX.DE and FWEA.DE have an expense ratio of 0.20%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
EQQX.DE vs. FWEA.DE - Dividend Comparison
Neither EQQX.DE nor FWEA.DE has paid dividends to shareholders.
Frequently Asked Questions
EQQX.DE and FWEA.DE have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.20% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
EQQX.DE and FWEA.DE have the same expense ratio: 0.20% per year.
EQQX.DE is categorized as Nasdaq-100, while FWEA.DE is Global Equities. EQQX.DE tracks Nasdaq 100®, while FWEA.DE tracks FTSE All-World Index.
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