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GCLE.L vs. EQQQ.L
Performance
Return for Risk
Dividends
Drawdowns
Volatility

GCLE.L vs. EQQQ.L

Last updated Apr 1, 2026

Compare and contrast key facts about Invesco Global Clean Energy UCITS ETF Acc (GCLE.L) and Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.L).

GCLE.L and EQQQ.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GCLE.L is a passively managed fund by Invesco that tracks the performance of the WilderHill New Energy Global Innovation Index. It was launched on Mar 1, 2021. EQQQ.L is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Dec 2, 2002. Both GCLE.L and EQQQ.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

GCLE.L vs. EQQQ.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Global Clean Energy UCITS ETF Acc (GCLE.L) and Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.L). The values are adjusted to include any dividend payments, if applicable.

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GCLE.L vs. EQQQ.L - Yearly Performance Comparison

2026 (YTD)20252024202320222021
GCLE.L
Invesco Global Clean Energy UCITS ETF Acc		9.02%41.98%-26.51%-10.51%-30.63%-22.82%
EQQQ.L
Invesco EQQQ NASDAQ-100 UCITS ETF		-7.91%19.96%26.41%55.59%-33.50%25.48%
Different Trading Currencies

GCLE.L is traded in USD, while EQQQ.L is traded in GBp. To make them comparable, the EQQQ.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, GCLE.L achieves a 9.02% return, which is significantly higher than EQQQ.L's -7.91% return.

GCLE.L

1D
0.18%
1M
-4.76%
YTD
9.02%
6M
18.30%
1Y
71.92%
3Y*
-1.88%
5Y*
-10.08%
10Y*
—

EQQQ.L

1D
0.83%
1M
-6.37%
YTD
-7.91%
6M
-4.73%
1Y
23.13%
3Y*
21.99%
5Y*
12.37%
10Y*
18.45%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Invesco Global Clean Energy UCITS ETF Acc

Invesco EQQQ NASDAQ-100 UCITS ETF

Often compared with GCLE.L:
GCLE.L vs. GLDGCLE.L vs. GCED.LGCLE.L vs. ANRJ.LGCLE.L vs. RENG.LGCLE.L vs. CWEU.LGCLE.L vs. NRJL.LGCLE.L vs. MLPQ.L
Often compared with EQQQ.L:
EQQQ.L vs. QQQEQQQ.L vs. QQQMEQQQ.L vs. EQGB.LEQQQ.L vs. CNX1.LEQQQ.L vs. EQQU.LEQQQ.L vs. CSPX.LEQQQ.L vs. XNAQ.L

GCLE.L vs. EQQQ.L - Expense Ratio Comparison

GCLE.L has a 0.60% expense ratio, which is higher than EQQQ.L's 0.30% expense ratio.

GCLE.L
Invesco Global Clean Energy UCITS ETF Acc
EQQQ.L
Invesco EQQQ NASDAQ-100 UCITS ETF

Return for Risk

GCLE.L vs. EQQQ.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
GCLE.L
GCLE.L Risk / Return Rank: 9797
Overall Rank
GCLE.L Sharpe Ratio Rank: 9797
Sharpe Ratio Rank
GCLE.L Sortino Ratio Rank: 9797
Sortino Ratio Rank
GCLE.L Omega Ratio Rank: 9696
Omega Ratio Rank
GCLE.L Calmar Ratio Rank: 9797
Calmar Ratio Rank
GCLE.L Martin Ratio Rank: 9797
Martin Ratio Rank
EQQQ.L
EQQQ.L Risk / Return Rank: 6262
Overall Rank
EQQQ.L Sharpe Ratio Rank: 6464
Sharpe Ratio Rank
EQQQ.L Sortino Ratio Rank: 6666
Sortino Ratio Rank
EQQQ.L Omega Ratio Rank: 6262
Omega Ratio Rank
EQQQ.L Calmar Ratio Rank: 6969
Calmar Ratio Rank
EQQQ.L Martin Ratio Rank: 5151
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GCLE.L vs. EQQQ.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Global Clean Energy UCITS ETF Acc (GCLE.L) and Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.L). 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.

GCLE.LEQQQ.LDifference

Sharpe ratio

Return per unit of total volatility

3.06

1.19

+1.87

Sortino ratio

Return per unit of downside risk

3.68

1.75

+1.93

Omega ratio

Gain probability vs. loss probability

1.49

1.23

+0.26

Calmar ratio

Return relative to maximum drawdown

5.17

1.69

+3.48

Martin ratio

Return relative to average drawdown

19.65

6.33

+13.32

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GCLE.L vs. EQQQ.L - Sharpe Ratio Comparison

The current GCLE.L Sharpe Ratio is 3.06, which is higher than the EQQQ.L Sharpe Ratio of 1.19. The chart below compares the historical Sharpe Ratios of GCLE.L and EQQQ.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Sharpe Ratios by Period

GCLE.LEQQQ.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

3.06

1.19

+1.87

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.35

0.60

-0.96

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.93

—

Sharpe Ratio (All Time)

Calculated using the full available price history

-0.39

0.75

-1.14

Correlation

The correlation between GCLE.L and EQQQ.L is 0.60, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

GCLE.L vs. EQQQ.L - Dividend Comparison

GCLE.L has not paid dividends to shareholders, while EQQQ.L's dividend yield for the trailing twelve months is around 0.29%.

TTM20252024202320222021202020192018201720162015
GCLE.L
Invesco Global Clean Energy UCITS ETF Acc		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
EQQQ.L
Invesco EQQQ NASDAQ-100 UCITS ETF		0.29%0.29%0.38%0.39%0.56%0.25%0.41%0.56%0.63%0.67%0.77%0.72%

Drawdowns

GCLE.L vs. EQQQ.L - Drawdown Comparison

The maximum GCLE.L drawdown since its inception was -72.13%, which is greater than EQQQ.L's maximum drawdown of -50.98%. Use the drawdown chart below to compare losses from any high point for GCLE.L and EQQQ.L.

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Drawdown Indicators

GCLE.LEQQQ.LDifference

Max Drawdown

Largest peak-to-trough decline

-72.13%

-33.75%

-38.38%

Max Drawdown (1Y)

Largest decline over 1 year

-13.52%

-10.97%

-2.55%

Max Drawdown (5Y)

Largest decline over 5 years

-69.94%

-27.76%

-42.18%

Max Drawdown (10Y)

Largest decline over 10 years

—

-27.76%

—

Current Drawdown

Current decline from peak

-45.50%

-10.27%

-35.23%

Average Drawdown

Average peak-to-trough decline

-45.15%

-5.64%

-39.51%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.56%

3.99%

-0.43%

Volatility

GCLE.L vs. EQQQ.L - Volatility Comparison

Invesco Global Clean Energy UCITS ETF Acc (GCLE.L) has a higher volatility of 7.75% compared to Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.L) at 4.76%. This indicates that GCLE.L's price experiences larger fluctuations and is considered to be riskier than EQQQ.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

GCLE.LEQQQ.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

7.75%

4.76%

+2.99%

Volatility (6M)

Calculated over the trailing 6-month period

16.46%

11.51%

+4.95%

Volatility (1Y)

Calculated over the trailing 1-year period

23.61%

19.48%

+4.13%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

28.52%

20.56%

+7.96%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

29.03%

19.80%

+9.23%