EQQX.DE vs. XNDX.DE
EQQX.DE (Invesco Nasdaq-100 Swap UCITS ETF Acc) and XNDX.DE (Xtrackers Nasdaq 100 Swap UCITS ETF 1D USD) are both Nasdaq-100 funds - EQQX.DE tracks the Nasdaq 100® while XNDX.DE tracks the Nasdaq 100 Index. Both are passively managed. Their correlation of 0.90 suggests significant overlap in exposure. EQQX.DE charges 0.20%/yr vs 0.18%/yr for XNDX.DE.
Performance
EQQX.DE vs. XNDX.DE - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with EQQX.DE having a 21.61% return and XNDX.DE slightly lower at 20.67%.
EQQX.DE
- 1D
- 0.11%
- 1M
- 8.86%
- YTD
- 21.61%
- 6M
- 19.72%
- 1Y
- 38.41%
- 3Y*
- 25.43%
- 5Y*
- 19.11%
- 10Y*
- —
XNDX.DE
- 1D
- -0.82%
- 1M
- 8.01%
- YTD
- 20.67%
- 6M
- 18.86%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EQQX.DE vs. XNDX.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
EQQX.DE Invesco Nasdaq-100 Swap UCITS ETF Acc | 21.61% | 11.33% |
XNDX.DE Xtrackers Nasdaq 100 Swap UCITS ETF 1D USD | 20.67% | -4.86% |
Correlation
The correlation between EQQX.DE and XNDX.DE is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jul 15, 2025 | 0.90 |
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Return for Risk
EQQX.DE vs. XNDX.DE — Risk / Return Rank
EQQX.DE
XNDX.DE
EQQX.DE vs. XNDX.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 Xtrackers Nasdaq 100 Swap UCITS ETF 1D USD (XNDX.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 | XNDX.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.44 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 3.91 | — | — |
| Martin ratioReturn relative to average drawdown | 11.64 | — | — |
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 | XNDX.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.49 | — | — |
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 | 0.53 | +0.37 |
Drawdowns
EQQX.DE vs. XNDX.DE - Drawdown Comparison
The maximum EQQX.DE drawdown since its inception was -31.17%, which is greater than XNDX.DE's maximum drawdown of -20.11%. Use the drawdown chart below to compare losses from any high point for EQQX.DE and XNDX.DE.
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Drawdown Indicators
| EQQX.DE | XNDX.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.17% | -20.11% | -11.06% |
Max Drawdown (1Y)Largest decline over 1 year | -9.97% | — | — |
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% | -0.82% | +0.82% |
Average DrawdownAverage peak-to-trough decline | -7.99% | -10.66% | +2.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.36% | — | — |
Volatility
EQQX.DE vs. XNDX.DE - Volatility Comparison
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Volatility by Period
| EQQX.DE | XNDX.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.15% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 10.89% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 15.75% | 31.84% | -16.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.86% | 31.84% | -11.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.79% | 31.84% | -12.05% |
EQQX.DE vs. XNDX.DE - Expense Ratio Comparison
EQQX.DE has a 0.20% expense ratio, which is higher than XNDX.DE's 0.18% 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. XNDX.DE - Dividend Comparison
EQQX.DE has not paid dividends to shareholders, while XNDX.DE's dividend yield for the trailing twelve months is around 0.09%.
| Position | TTM |
|---|---|
EQQX.DE Invesco Nasdaq-100 Swap UCITS ETF Acc | 0.00% |
XNDX.DE Xtrackers Nasdaq 100 Swap UCITS ETF 1D USD | 0.09% |
Frequently Asked Questions
With a correlation of 0.90, EQQX.DE and XNDX.DE 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, XNDX.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XNDX.DE is cheaper with a 0.18% expense ratio, compared with 0.20% for EQQX.DE.
EQQX.DE tracks Nasdaq 100®, while XNDX.DE tracks Nasdaq 100 Index. They also come from different issuers: Invesco and Xtrackers. Their fees differ too: 0.20% for EQQX.DE and 0.18% for XNDX.DE.
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