EQSG.L vs. QQQM
Compare and contrast key facts about Invesco Nasdaq-100 Swap UCITS ETF Acc (EQSG.L) and Invesco NASDAQ 100 ETF (QQQM).
EQSG.L and QQQM 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. QQQM is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Oct 13, 2020. Both EQSG.L and QQQM 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 QQQM.
Key characteristics
| EQSG.L | QQQM | |
|---|---|---|
| YTD Return | 11.18% | 10.57% |
| 1Y Return | 37.13% | 37.60% |
| 3Y Return (Ann) | 16.87% | 12.52% |
| Sharpe Ratio | 0.93 | 2.41 |
| Daily Std Dev | 36.06% | 16.31% |
| Max Drawdown | -27.49% | -35.05% |
| Current Drawdown | -18.10% | -0.19% |
Correlation
The correlation between EQSG.L and QQQM is 0.66, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
EQSG.L vs. QQQM - Performance Comparison
In the year-to-date period, EQSG.L achieves a 11.18% return, which is significantly higher than QQQM's 10.57% return. 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. QQQM - Expense Ratio Comparison
EQSG.L has a 0.20% expense ratio, which is higher than QQQM's 0.15% 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%.
Risk-Adjusted Performance
EQSG.L vs. QQQM - 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 Invesco NASDAQ 100 ETF (QQQM). 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. QQQM - Dividend Comparison
EQSG.L has not paid dividends to shareholders, while QQQM's dividend yield for the trailing twelve months is around 0.64%.
| TTM | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
EQSG.L Invesco Nasdaq-100 Swap UCITS ETF Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQM Invesco NASDAQ 100 ETF | 0.64% | 0.65% | 0.83% | 0.40% | 0.16% |
Drawdowns
EQSG.L vs. QQQM - Drawdown Comparison
The maximum EQSG.L drawdown since its inception was -27.49%, smaller than the maximum QQQM drawdown of -35.05%. Use the drawdown chart below to compare losses from any high point for EQSG.L and QQQM. For additional features, visit the drawdowns tool.
Volatility
EQSG.L vs. QQQM - Volatility Comparison
Invesco Nasdaq-100 Swap UCITS ETF Acc (EQSG.L) has a higher volatility of 6.19% compared to Invesco NASDAQ 100 ETF (QQQM) at 4.92%. This indicates that EQSG.L's price experiences larger fluctuations and is considered to be riskier than QQQM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.