EQSG.L vs. CNX1.L
Compare and contrast key facts about Invesco Nasdaq-100 Swap UCITS ETF Acc (EQSG.L) and iShares NASDAQ 100 UCITS ETF USD (Acc) (CNX1.L).
EQSG.L and CNX1.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EQSG.L is a passively managed fund by Invesco that tracks the performance of the Russell 1000 Growth TR USD. It was launched on Mar 22, 2021. CNX1.L is a passively managed fund by iShares that tracks the performance of the NASDAQ-100 Index. It was launched on Jan 26, 2010. Both EQSG.L and CNX1.L 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: EQSG.L or CNX1.L.
Key characteristics
| EQSG.L | CNX1.L | |
|---|---|---|
| YTD Return | 25.18% | 24.99% |
| 1Y Return | 31.61% | 31.26% |
| 3Y Return (Ann) | 11.79% | 11.54% |
| Sharpe Ratio | 0.58 | 1.95 |
| Sortino Ratio | 1.24 | 2.65 |
| Omega Ratio | 1.34 | 1.35 |
| Calmar Ratio | 1.29 | 2.53 |
| Martin Ratio | 1.99 | 7.65 |
| Ulcer Index | 15.73% | 4.05% |
| Daily Std Dev | 54.16% | 15.84% |
| Max Drawdown | -27.49% | -27.56% |
| Current Drawdown | -16.35% | 0.00% |
Correlation
The correlation between EQSG.L and CNX1.L is 0.98, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
EQSG.L vs. CNX1.L - Performance Comparison
The year-to-date returns for both stocks are quite close, with EQSG.L having a 25.18% return and CNX1.L slightly lower at 24.99%. 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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EQSG.L vs. CNX1.L - Expense Ratio Comparison
EQSG.L has a 0.20% expense ratio, which is lower than CNX1.L's 0.36% expense ratio.
Risk-Adjusted Performance
EQSG.L vs. CNX1.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Nasdaq-100 Swap UCITS ETF Acc (EQSG.L) and iShares NASDAQ 100 UCITS ETF USD (Acc) (CNX1.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.
Dividends
EQSG.L vs. CNX1.L - Dividend Comparison
Neither EQSG.L nor CNX1.L has paid dividends to shareholders.
Drawdowns
EQSG.L vs. CNX1.L - Drawdown Comparison
The maximum EQSG.L drawdown since its inception was -27.49%, roughly equal to the maximum CNX1.L drawdown of -27.56%. Use the drawdown chart below to compare losses from any high point for EQSG.L and CNX1.L. For additional features, visit the drawdowns tool.
Volatility
EQSG.L vs. CNX1.L - Volatility Comparison
Invesco Nasdaq-100 Swap UCITS ETF Acc (EQSG.L) and iShares NASDAQ 100 UCITS ETF USD (Acc) (CNX1.L) have volatilities of 4.45% and 4.44%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.