GRG.L vs. EQQQ.L

Last updated Jun 5, 2026

GRG.L (Greggs plc) is a stock, while EQQQ.L (Invesco EQQQ NASDAQ-100 UCITS ETF) is Nasdaq-100 fund tracking the NASDAQ-100 Index. Over the past 10 years, GRG.L returned 7.55%/yr vs 22.47%/yr for EQQQ.L. At a 0.25 correlation, their price movements are largely independent.

Performance

GRG.L vs. EQQQ.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Greggs plc (GRG.L) and Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GRG.L achieves a 3.44% return, which is significantly lower than EQQQ.L's 19.86% return. Over the past 10 years, GRG.L has underperformed EQQQ.L with an annualized return of 7.55%, while EQQQ.L has yielded a comparatively higher 22.47% annualized return.

GRG.L

• 1D: 0.78%
• 1M: 11.24%
• YTD: 3.44%
• 6M: 3.81%
• 1Y: -10.82%
• 3Y*: -11.53%
• 5Y*: -4.96%
• 10Y*: 7.55%

EQQQ.L

• 1D: -0.63%
• 1M: 8.17%
• YTD: 19.86%
• 6M: 17.66%
• 1Y: 40.85%
• 3Y*: 24.65%
• 5Y*: 18.87%
• 10Y*: 22.47%

*Multi-year figures are annualized to reflect compound growth (CAGR)

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

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GRG.L Greggs plc	3.44%	-37.28%	11.16%	13.40%	-26.55%	87.35%	-20.60%	88.25%	-6.96%	48.41%
EQQQ.L Invesco EQQQ NASDAQ-100 UCITS ETF	19.86%	11.54%	28.55%	47.79%	-25.54%	29.59%	43.32%	33.69%	4.64%	20.12%

Correlation

The correlation between GRG.L and EQQQ.L is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.15
Correlation (3Y) Calculated over the trailing 3-year period	0.21
Correlation (5Y) Calculated over the trailing 5-year period	0.32
Correlation (10Y) Calculated over the trailing 10-year period	0.26
Correlation (All Time) Calculated using the full available price history since Aug 25, 2005	0.25

The correlation between GRG.L and EQQQ.L shifts across timeframes, from 0.15 (1 year) to 0.32 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

GRG.L vs. EQQQ.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GRG.L

GRG.L Risk / Return Rank: 23
GRG.L Sharpe Ratio Rank: 22
GRG.L Sortino Ratio Rank: 21
GRG.L Omega Ratio Rank: 21
GRG.L Calmar Ratio Rank: 23
GRG.L Martin Ratio Rank: 25

EQQQ.L

EQQQ.L Risk / Return Rank: 78
EQQQ.L Sharpe Ratio Rank: 86
EQQQ.L Sortino Ratio Rank: 84
EQQQ.L Omega Ratio Rank: 83
EQQQ.L Calmar Ratio Rank: 76
EQQQ.L Martin Ratio Rank: 63

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.

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

This table presents a comparison of risk-adjusted performance metrics for Greggs plc (GRG.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.

	GRG.L	EQQQ.L	Difference
Sharpe ratio: Return per unit of total volatility	-0.44	2.82	-3.26
Sortino ratio: Return per unit of downside risk	-0.43	3.71	-4.14
Omega ratio: Gain probability vs. loss probability	0.94	1.50	-0.55
Calmar ratio: Return relative to maximum drawdown	-0.52	3.78	-4.30
Martin ratio: Return relative to average drawdown	-0.85	11.13	-11.99
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

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

The current GRG.L Sharpe Ratio is -0.44, which is lower than the EQQQ.L Sharpe Ratio of 2.82. The chart below compares the historical Sharpe Ratios of GRG.L and EQQQ.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	GRG.L	EQQQ.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.44	2.82	-3.26
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.16	0.99	-1.15
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.23	1.16	-0.93
Sharpe Ratio (All Time) Calculated using the full available price history	0.63	0.92	-0.29

Drawdowns

GRG.L vs. EQQQ.L - Drawdown Comparison

The maximum GRG.L drawdown since its inception was -53.77%, which is greater than EQQQ.L's maximum drawdown of -33.75%. Use the drawdown chart below to compare losses from any high point for GRG.L and EQQQ.L.

Drawdown Indicators

	GRG.L	EQQQ.L	Difference
Max Drawdown Largest peak-to-trough decline	-53.77%	-33.75%	-20.02%
Max Drawdown (1Y) Largest decline over 1 year	-27.81%	-10.97%	-16.84%
Max Drawdown (3Y) Largest decline over 3 years	-53.77%	-24.09%	-29.68%
Max Drawdown (5Y) Largest decline over 5 years	-53.77%	-27.76%	-26.01%
Max Drawdown (10Y) Largest decline over 10 years	-53.77%	-27.76%	-26.01%
Current Drawdown Current decline from peak	-43.34%	-0.63%	-42.71%
Average Drawdown Average peak-to-trough decline	-13.31%	-5.61%	-7.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.99%	3.73%	+13.26%

Volatility

GRG.L vs. EQQQ.L - Volatility Comparison

Greggs plc (GRG.L) has a higher volatility of 10.43% compared to Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.L) at 4.15%. This indicates that GRG.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.

Volatility by Period

	GRG.L	EQQQ.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.43%	4.15%	+6.28%
Volatility (6M) Calculated over the trailing 6-month period	21.02%	10.33%	+10.69%
Volatility (1Y) Calculated over the trailing 1-year period	32.80%	14.70%	+18.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.56%	19.14%	+11.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.28%	19.35%	+13.93%

Dividends

GRG.L vs. EQQQ.L - Dividend Comparison

GRG.L's dividend yield for the trailing twelve months is around 4.10%, more than EQQQ.L's 0.23% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EQQQ.L Invesco EQQQ NASDAQ-100 UCITS ETF	0.23%	0.29%	0.38%	0.39%	0.56%	0.25%	0.41%	0.56%	0.63%	0.67%	0.77%	0.72%
GRG.L Greggs plc	4.10%	4.11%	3.77%	2.31%	4.13%	0.45%	1.84%	3.13%	2.58%	2.27%	5.23%	3.30%

Frequently Asked Questions

Can I hold both GRG.L and EQQQ.L in my portfolio?

GRG.L and EQQQ.L have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.