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 18.29% vs 17.40% for HEQQ. A 0.53 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 9.22% return, which is significantly higher than HEQQ's 7.78% return.
FTGQ.DE
- 1D
- 0.00%
- 1M
- 1.65%
- YTD
- 9.22%
- 6M
- 9.61%
- 1Y
- 18.29%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
HEQQ
- 1D
- -0.02%
- 1M
- 2.31%
- YTD
- 7.78%
- 6M
- 6.93%
- 1Y
- 17.40%
- 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 | 9.22% | 7.48% |
HEQQ JPMorgan Nasdaq Hedged Equity Laddered Overlay ETF | 7.78% | 7.52% |
Correlation
The correlation between FTGQ.DE and HEQQ 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 (All Time) Calculated using the full available price history since Mar 27, 2025 | 0.53 |
The correlation between FTGQ.DE and HEQQ has been stable across timeframes, ranging from 0.53 to 0.62 - a consistent structural relationship.
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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.
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.
| FTGQ.DE | HEQQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.27 | ||
| Sortino ratioReturn per unit of downside risk | +0.43 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.34 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 4.83 | 3.31 | +1.52 |
| Martin ratioReturn relative to average drawdown | 13.25 | 10.25 | +2.99 |
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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 -10.84%. 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% | -10.84% | -8.29% |
Max Drawdown (1Y)Largest decline over 1 year | -3.80% | -5.28% | +1.48% |
Current DrawdownCurrent decline from peak | 0.00% | -0.05% | +0.05% |
Average DrawdownAverage peak-to-trough decline | -5.66% | -1.65% | -4.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.38% | 1.70% | -0.32% |
Volatility
FTGQ.DE vs. HEQQ - Volatility Comparison
The current volatility for First Trust Vest Nasdaq-100 Moderate Buffer UCITS ETF December Class A Accumulation (FTGQ.DE) is 1.66%, while JPMorgan Nasdaq Hedged Equity Laddered Overlay ETF (HEQQ) has a volatility of 2.23%. This indicates that FTGQ.DE experiences smaller price fluctuations and is considered to be less risky than HEQQ based on this measure. 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 | 1.66% | 2.23% | -0.57% |
Volatility (6M)Calculated over the trailing 6-month period | 5.24% | 6.60% | -1.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.74% | 9.53% | -0.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.53% | 13.47% | -0.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.53% | 13.47% | -0.94% |
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 0.21%.
| 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 | 0.21% | 0.19% |
Frequently Asked Questions
FTGQ.DE and HEQQ 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, 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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