ETLH.DE vs. EQEU.DE
ETLH.DE (L&G Ecommerce Logistics UCITS ETF) and EQEU.DE (Invesco EQQQ NASDAQ-100 UCITS ETF EUR Hedged) are both exchange-traded funds - ETLH.DE is a Technology Equities fund tracking the Solactive eCommerce Logistics, while EQEU.DE is a Nasdaq-100 fund tracking the NASDAQ-100 Notional Net Total Return Index. Both are passively managed. Over the past 5 years, ETLH.DE returned 2.34%/yr vs 14.74%/yr for EQEU.DE. A 0.70 correlation means they provide meaningful diversification when combined. ETLH.DE charges 0.49%/yr vs 0.35%/yr for EQEU.DE.
Performance
ETLH.DE vs. EQEU.DE - Performance Comparison
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Returns By Period
In the year-to-date period, ETLH.DE achieves a 0.49% return, which is significantly lower than EQEU.DE's 17.47% return.
ETLH.DE
- 1D
- 1.09%
- 1M
- 4.94%
- YTD
- 0.49%
- 6M
- 2.11%
- 1Y
- 4.70%
- 3Y*
- 5.96%
- 5Y*
- 2.34%
- 10Y*
- —
EQEU.DE
- 1D
- -0.76%
- 1M
- 8.27%
- YTD
- 17.47%
- 6M
- 17.26%
- 1Y
- 36.44%
- 3Y*
- 25.32%
- 5Y*
- 14.74%
- 10Y*
- —
ETLH.DE vs. EQEU.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
ETLH.DE L&G Ecommerce Logistics UCITS ETF | 0.49% | -0.43% | 8.79% | 17.72% | -16.87% | 27.97% | 30.38% | 35.30% | -10.20% |
EQEU.DE Invesco EQQQ NASDAQ-100 UCITS ETF EUR Hedged | 17.47% | 18.24% | 24.15% | 51.95% | -36.56% | 27.85% | 45.20% | 34.82% | -4.76% |
Correlation
The correlation between ETLH.DE and EQEU.DE is 0.58, 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 | 0.58 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.62 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.70 |
Correlation (All Time) Calculated using the full available price history since Feb 14, 2018 | 0.70 |
The correlation between ETLH.DE and EQEU.DE shifts across timeframes, from 0.58 (1 year) to 0.70 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
ETLH.DE vs. EQEU.DE — Risk / Return Rank
ETLH.DE
EQEU.DE
ETLH.DE vs. EQEU.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for L&G Ecommerce Logistics UCITS ETF (ETLH.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.
| ETLH.DE | EQEU.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.96 | ||
| Sortino ratioReturn per unit of downside risk | -2.62 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.39 | -0.33 |
| Calmar ratioReturn relative to maximum drawdown | 0.37 | 3.02 | -2.65 |
| Martin ratioReturn relative to average drawdown | 0.96 | 10.63 | -9.67 |
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
| ETLH.DE | EQEU.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.32 | 2.27 | -1.96 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.14 | 0.70 | -0.56 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.56 | 0.86 | -0.31 |
Drawdowns
ETLH.DE vs. EQEU.DE - Drawdown Comparison
The maximum ETLH.DE drawdown since its inception was -27.60%, smaller than the maximum EQEU.DE drawdown of -37.97%. Use the drawdown chart below to compare losses from any high point for ETLH.DE and EQEU.DE.
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Drawdown Indicators
| ETLH.DE | EQEU.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.60% | -37.97% | +10.37% |
Max Drawdown (1Y)Largest decline over 1 year | -12.61% | -12.02% | -0.59% |
Max Drawdown (3Y)Largest decline over 3 years | -25.70% | -22.08% | -3.62% |
Max Drawdown (5Y)Largest decline over 5 years | -26.37% | -37.97% | +11.60% |
Current DrawdownCurrent decline from peak | -7.50% | -0.89% | -6.61% |
Average DrawdownAverage peak-to-trough decline | -8.28% | -8.03% | -0.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.89% | 3.42% | +1.47% |
Volatility
ETLH.DE vs. EQEU.DE - Volatility Comparison
The current volatility for L&G Ecommerce Logistics UCITS ETF (ETLH.DE) is 4.00%, while Invesco EQQQ NASDAQ-100 UCITS ETF EUR Hedged (EQEU.DE) has a volatility of 4.77%. This indicates that ETLH.DE experiences smaller price fluctuations and is considered to be less risky 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
| ETLH.DE | EQEU.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.00% | 4.77% | -0.77% |
Volatility (6M)Calculated over the trailing 6-month period | 10.62% | 11.98% | -1.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.85% | 15.97% | -1.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.60% | 20.79% | -4.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.49% | 21.03% | -3.54% |
ETLH.DE vs. EQEU.DE - Expense Ratio Comparison
ETLH.DE has a 0.49% expense ratio, which is higher than EQEU.DE's 0.35% expense ratio.
Dividends
ETLH.DE vs. EQEU.DE - Dividend Comparison
Neither ETLH.DE nor EQEU.DE has paid dividends to shareholders.
Frequently Asked Questions
ETLH.DE and EQEU.DE have a correlation of 0.58, 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 ETLH.DE.
ETLH.DE is categorized as Technology Equities, while EQEU.DE is Nasdaq-100. ETLH.DE tracks Solactive eCommerce Logistics, 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 ETLH.DE and 0.35% for EQEU.DE.
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