FTGQ.DE vs. HEQQ
FTGQ.DE (First Trust Vest Nasdaq-100 Moderate Buffer UCITS ETF December Class A Accumulation) and HEQQ (JPMorgan Nasdaq Hedged Equity Laddered Overlay ETF) are both Nasdaq-100 funds. Over the past year, FTGQ.DE returned 16.15% vs 14.58% for HEQQ. A 0.55 correlation means they provide meaningful diversification when combined. FTGQ.DE charges 0.90%/yr vs 0.50%/yr for HEQQ.
Performance
FTGQ.DE vs. HEQQ - Performance Comparison
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Different Trading Currencies
FTGQ.DE is traded in EUR, while HEQQ is traded in USD. To make them comparable, the HEQQ values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, FTGQ.DE achieves a 7.60% return, which is significantly higher than HEQQ's 5.07% return.
FTGQ.DE
- 1D
- -0.17%
- 1M
- 2.82%
- YTD
- 7.60%
- 6M
- 7.77%
- 1Y
- 16.15%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
HEQQ
- 1D
- -0.47%
- 1M
- 0.26%
- YTD
- 5.07%
- 6M
- 3.47%
- 1Y
- 14.58%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FTGQ.DE vs. HEQQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
FTGQ.DE First Trust Vest Nasdaq-100 Moderate Buffer UCITS ETF December Class A Accumulation | 7.60% | 7.47% |
HEQQ JPMorgan Nasdaq Hedged Equity Laddered Overlay ETF | 5.07% | 7.74% |
Correlation
The correlation between FTGQ.DE and HEQQ is 0.65, 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 | 0.65 |
Correlation (All Time) Calculated using the full available price history since Mar 28, 2025 | 0.55 |
The correlation between FTGQ.DE and HEQQ shifts across timeframes, from 0.55 (all time) to 0.65 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
FTGQ.DE vs. HEQQ — Risk / Return Rank
FTGQ.DE
HEQQ
FTGQ.DE vs. HEQQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Vest Nasdaq-100 Moderate Buffer UCITS ETF December Class A Accumulation (FTGQ.DE) and JPMorgan Nasdaq Hedged Equity Laddered Overlay ETF (HEQQ). 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.
| FTGQ.DE | HEQQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.31 | ||
| Sortino ratioReturn per unit of downside risk | +0.50 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.28 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 4.23 | 2.77 | +1.45 |
| Martin ratioReturn relative to average drawdown | 11.47 | 8.50 | +2.97 |
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
| FTGQ.DE | HEQQ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.86 | 1.55 | +0.31 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.25 | 0.81 | -0.56 |
Drawdowns
FTGQ.DE vs. HEQQ - Drawdown Comparison
The maximum FTGQ.DE drawdown since its inception was -19.13%, which is greater than HEQQ's maximum drawdown of -10.65%. Use the drawdown chart below to compare losses from any high point for FTGQ.DE and HEQQ.
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Drawdown Indicators
| FTGQ.DE | HEQQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.13% | -10.65% | -8.48% |
Max Drawdown (1Y)Largest decline over 1 year | -3.80% | -5.28% | +1.48% |
Current DrawdownCurrent decline from peak | -0.17% | -1.00% | +0.83% |
Average DrawdownAverage peak-to-trough decline | -5.88% | -1.69% | -4.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.41% | 1.72% | -0.31% |
Volatility
FTGQ.DE vs. HEQQ - Volatility Comparison
First Trust Vest Nasdaq-100 Moderate Buffer UCITS ETF December Class A Accumulation (FTGQ.DE) and JPMorgan Nasdaq Hedged Equity Laddered Overlay ETF (HEQQ) have volatilities of 1.30% and 1.34%, 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.
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Volatility by Period
| FTGQ.DE | HEQQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.30% | 1.34% | -0.04% |
Volatility (6M)Calculated over the trailing 6-month period | 5.09% | 6.80% | -1.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.64% | 9.46% | -0.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.69% | 13.66% | -0.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.69% | 13.66% | -0.97% |
FTGQ.DE vs. HEQQ - Expense Ratio Comparison
FTGQ.DE has a 0.90% expense ratio, which is higher than HEQQ's 0.50% expense ratio.
Dividends
FTGQ.DE vs. HEQQ - Dividend Comparison
FTGQ.DE has not paid dividends to shareholders, while HEQQ's dividend yield for the trailing twelve months is around 0.19%.
| Position | TTM | 2025 |
|---|---|---|
FTGQ.DE First Trust Vest Nasdaq-100 Moderate Buffer UCITS ETF December Class A Accumulation | 0.00% | 0.00% |
HEQQ JPMorgan Nasdaq Hedged Equity Laddered Overlay ETF | 0.19% | 0.19% |
Frequently Asked Questions
FTGQ.DE and HEQQ have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, HEQQ is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.
HEQQ is cheaper with a 0.50% expense ratio, compared with 0.90% for FTGQ.DE.
They also come from different issuers: First Trust and JPMorgan. Their fees differ too: 0.90% for FTGQ.DE and 0.50% for HEQQ.
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