FWEA.DE vs. EQQX.DE
FWEA.DE (Invesco FTSE All-World UCITS ETF) and EQQX.DE (Invesco Nasdaq-100 Swap UCITS ETF Acc) are both exchange-traded funds - FWEA.DE is a Global Equities fund tracking the FTSE All-World Index, while EQQX.DE is a Nasdaq-100 fund tracking the Nasdaq 100®. Both are passively managed. Over the past year, FWEA.DE returned 25.98% vs 38.41% for EQQX.DE. A 0.74 correlation means they provide meaningful diversification when combined. Both charge a 0.20% expense ratio.
Performance
FWEA.DE vs. EQQX.DE - Performance Comparison
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Returns By Period
In the year-to-date period, FWEA.DE achieves a 10.64% return, which is significantly lower than EQQX.DE's 21.61% return.
FWEA.DE
- 1D
- -0.24%
- 1M
- 2.84%
- YTD
- 10.64%
- 6M
- 11.58%
- 1Y
- 25.98%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EQQX.DE
- 1D
- 0.11%
- 1M
- 8.86%
- YTD
- 21.61%
- 6M
- 19.72%
- 1Y
- 38.41%
- 3Y*
- 25.43%
- 5Y*
- 19.11%
- 10Y*
- —
FWEA.DE vs. EQQX.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
FWEA.DE Invesco FTSE All-World UCITS ETF | 10.64% | 17.53% | 19.21% | 8.62% |
EQQX.DE Invesco Nasdaq-100 Swap UCITS ETF Acc | 21.61% | 7.13% | 33.88% | 12.72% |
Correlation
The correlation between FWEA.DE and EQQX.DE is 0.76, 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 | 0.76 |
Correlation (All Time) Calculated using the full available price history since Jun 27, 2023 | 0.74 |
The correlation between FWEA.DE and EQQX.DE has been stable across timeframes, ranging from 0.74 to 0.76 - a consistent structural relationship.
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Return for Risk
FWEA.DE vs. EQQX.DE — Risk / Return Rank
FWEA.DE
EQQX.DE
FWEA.DE vs. EQQX.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco FTSE All-World UCITS ETF (FWEA.DE) and Invesco Nasdaq-100 Swap UCITS ETF Acc (EQQX.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.
| FWEA.DE | EQQX.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.20 | ||
| Sortino ratioReturn per unit of downside risk | +0.08 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.44 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 3.18 | 3.91 | -0.74 |
| Martin ratioReturn relative to average drawdown | 13.52 | 11.64 | +1.88 |
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
| FWEA.DE | EQQX.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.30 | 2.49 | -0.20 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.95 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.51 | 0.90 | +0.62 |
Drawdowns
FWEA.DE vs. EQQX.DE - Drawdown Comparison
The maximum FWEA.DE drawdown since its inception was -17.48%, smaller than the maximum EQQX.DE drawdown of -31.17%. Use the drawdown chart below to compare losses from any high point for FWEA.DE and EQQX.DE.
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Drawdown Indicators
| FWEA.DE | EQQX.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.48% | -31.17% | +13.69% |
Max Drawdown (1Y)Largest decline over 1 year | -8.28% | -9.97% | +1.69% |
Max Drawdown (3Y)Largest decline over 3 years | — | -26.80% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -31.17% | — |
Current DrawdownCurrent decline from peak | -0.81% | 0.00% | -0.81% |
Average DrawdownAverage peak-to-trough decline | -1.86% | -7.99% | +6.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.95% | 3.36% | -1.41% |
Volatility
FWEA.DE vs. EQQX.DE - Volatility Comparison
The current volatility for Invesco FTSE All-World UCITS ETF (FWEA.DE) is 3.36%, while Invesco Nasdaq-100 Swap UCITS ETF Acc (EQQX.DE) has a volatility of 4.15%. This indicates that FWEA.DE experiences smaller price fluctuations and is considered to be less risky than EQQX.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FWEA.DE | EQQX.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.36% | 4.15% | -0.79% |
Volatility (6M)Calculated over the trailing 6-month period | 8.93% | 10.89% | -1.96% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.45% | 15.75% | -4.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.72% | 19.86% | -7.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.72% | 19.79% | -7.07% |
FWEA.DE vs. EQQX.DE - Expense Ratio Comparison
Both FWEA.DE and EQQX.DE have an expense ratio of 0.20%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
FWEA.DE vs. EQQX.DE - Dividend Comparison
Neither FWEA.DE nor EQQX.DE has paid dividends to shareholders.
Frequently Asked Questions
FWEA.DE and EQQX.DE have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.20% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
FWEA.DE and EQQX.DE have the same expense ratio: 0.20% per year.
FWEA.DE is categorized as Global Equities, while EQQX.DE is Nasdaq-100. FWEA.DE tracks FTSE All-World Index, while EQQX.DE tracks Nasdaq 100®.
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