ES6Y.DE vs. EQEU.DE
ES6Y.DE (L&G Emerging Cyber Security ESG Exclusions UCITS ETF USD Accumulating) and EQEU.DE (Invesco EQQQ NASDAQ-100 UCITS ETF EUR Hedged) are both exchange-traded funds - ES6Y.DE is a Technology Equities fund tracking the Solactive Emerging Cyber Security, while EQEU.DE is a Nasdaq-100 fund tracking the NASDAQ-100 Notional Net Total Return Index. Both are passively managed. Over the past 3 years, ES6Y.DE returned 30.73%/yr vs 20.16%/yr for EQEU.DE. A 0.73 correlation means they provide meaningful diversification when combined. ES6Y.DE charges 0.49%/yr vs 0.35%/yr for EQEU.DE.
Performance
ES6Y.DE vs. EQEU.DE - Performance Comparison
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Returns By Period
In the year-to-date period, ES6Y.DE achieves a 56.81% return, which is significantly higher than EQEU.DE's 10.29% return.
ES6Y.DE
- 1D
- 0.00%
- 1M
- 4.03%
- 6M
- 56.70%
- YTD
- 56.81%
- 1Y
- 49.87%
- 3Y*
- 30.73%
- 5Y*
- —
- 10Y*
- —
EQEU.DE
- 1D
- -2.27%
- 1M
- -5.16%
- 6M
- 10.35%
- YTD
- 10.29%
- 1Y
- 20.89%
- 3Y*
- 20.16%
- 5Y*
- 11.77%
- 10Y*
- —
ES6Y.DE vs. EQEU.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
ES6Y.DE L&G Emerging Cyber Security ESG Exclusions UCITS ETF USD Accumulating | 56.81% | -9.21% | 34.05% | 51.62% | -18.62% |
EQEU.DE Invesco EQQQ NASDAQ-100 UCITS ETF EUR Hedged | 10.29% | 18.24% | 24.15% | 51.95% | -11.21% |
Correlation
The correlation between ES6Y.DE and EQEU.DE is 0.62, 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 | 0.62 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.72 |
Correlation (All Time) Calculated using the full available price history since Sep 7, 2022 | 0.73 |
The correlation between ES6Y.DE and EQEU.DE shifts across timeframes, from 0.62 (1 year) to 0.73 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
ES6Y.DE vs. EQEU.DE — Risk / Return Rank
ES6Y.DE
EQEU.DE
ES6Y.DE vs. EQEU.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for L&G Emerging Cyber Security ESG Exclusions UCITS ETF USD Accumulating (ES6Y.DE) and Invesco EQQQ NASDAQ-100 UCITS ETF EUR Hedged (EQEU.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ES6Y.DE | EQEU.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.58 | ||
| Sortino ratioReturn per unit of downside risk | +0.59 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.21 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 3.33 | 1.73 | +1.60 |
| Martin ratioReturn relative to average drawdown | 7.98 | 5.66 | +2.33 |
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Drawdowns
ES6Y.DE vs. EQEU.DE - Drawdown Comparison
The maximum ES6Y.DE drawdown since its inception was -34.72%, smaller than the maximum EQEU.DE drawdown of -37.97%. Use the drawdown chart below to compare losses from any high point for ES6Y.DE and EQEU.DE.
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Drawdown Indicators
| ES6Y.DE | EQEU.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.72% | -37.97% | +3.25% |
Max Drawdown (1Y)Largest decline over 1 year | -15.05% | -12.02% | -3.03% |
Max Drawdown (3Y)Largest decline over 3 years | -34.72% | -22.08% | -12.64% |
Max Drawdown (5Y)Largest decline over 5 years | — | -37.97% | — |
Current DrawdownCurrent decline from peak | -5.59% | -6.95% | +1.36% |
Average DrawdownAverage peak-to-trough decline | -9.35% | -7.91% | -1.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.26% | 3.68% | +2.58% |
Volatility
ES6Y.DE vs. EQEU.DE - Volatility Comparison
L&G Emerging Cyber Security ESG Exclusions UCITS ETF USD Accumulating (ES6Y.DE) has a higher volatility of 9.82% compared to Invesco EQQQ NASDAQ-100 UCITS ETF EUR Hedged (EQEU.DE) at 6.21%. This indicates that ES6Y.DE's price experiences larger fluctuations and is considered to be riskier than EQEU.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ES6Y.DE | EQEU.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.82% | 6.21% | +3.61% |
Volatility (6M)Calculated over the trailing 6-month period | 23.91% | 13.90% | +10.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.46% | 17.56% | +10.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.07% | 21.05% | +6.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.07% | 20.98% | +6.09% |
ES6Y.DE vs. EQEU.DE - Expense Ratio Comparison
ES6Y.DE has a 0.49% expense ratio, which is higher than EQEU.DE's 0.35% expense ratio.
Dividends
ES6Y.DE vs. EQEU.DE - Dividend Comparison
Neither ES6Y.DE nor EQEU.DE has paid dividends to shareholders.
Frequently Asked Questions
ES6Y.DE and EQEU.DE have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EQEU.DE is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EQEU.DE is cheaper with a 0.35% expense ratio, compared with 0.49% for ES6Y.DE.
ES6Y.DE is categorized as Technology Equities, while EQEU.DE is Nasdaq-100. ES6Y.DE tracks Solactive Emerging Cyber Security, while EQEU.DE tracks NASDAQ-100 Notional Net Total Return Index. They also come from different issuers: Legal & General and Invesco. Their fees differ too: 0.49% for ES6Y.DE and 0.35% for EQEU.DE.
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