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HDLG.L vs. EQGB.L
Performance
Return for Risk
Dividends
Drawdowns
Volatility

HDLG.L vs. EQGB.L

Last updated Apr 3, 2026

Compare and contrast key facts about Invesco S&P 500 High Dividend Low Volatility UCITS ETF (HDLG.L) and Invesco EQQQ Nasdaq-100 UCITS ETF GBP Hdg Acc (EQGB.L).

HDLG.L and EQGB.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HDLG.L is a passively managed fund by Invesco that tracks the performance of the S&P 500 Low Volatility High Dividend Index. It was launched on May 11, 2015. EQGB.L is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Oct 17, 2017. Both HDLG.L and EQGB.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

HDLG.L vs. EQGB.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Invesco S&P 500 High Dividend Low Volatility UCITS ETF (HDLG.L) and Invesco EQQQ Nasdaq-100 UCITS ETF GBP Hdg Acc (EQGB.L). The values are adjusted to include any dividend payments, if applicable.

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HDLG.L vs. EQGB.L - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
HDLG.L
Invesco S&P 500 High Dividend Low Volatility UCITS ETF		5.59%-3.57%18.46%-4.52%12.44%26.47%-13.89%15.07%-1.67%0.42%
EQGB.L
Invesco EQQQ Nasdaq-100 UCITS ETF GBP Hdg Acc		-5.82%19.59%26.12%53.92%-35.07%27.68%45.43%34.93%-2.60%5.50%

Returns By Period

In the year-to-date period, HDLG.L achieves a 5.59% return, which is significantly higher than EQGB.L's -5.82% return.

HDLG.L

1D
1.12%
1M
-3.44%
YTD
5.59%
6M
3.88%
1Y
0.81%
3Y*
6.93%
5Y*
7.49%
10Y*
7.43%

EQGB.L

1D
-0.45%
1M
-2.53%
YTD
-5.82%
6M
-3.49%
1Y
22.51%
3Y*
22.31%
5Y*
11.83%
10Y*
—
*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 S&P 500 High Dividend Low Volatility UCITS ETF

Invesco EQQQ Nasdaq-100 UCITS ETF GBP Hdg Acc

Often compared with HDLG.L:
HDLG.L vs. VHYL.ASHDLG.L vs. D5BM.DEHDLG.L vs. USDV.LHDLG.L vs. VUSA.LHDLG.L vs. SPYHDLG.L vs. SCHDHDLG.L vs. XNAQ.L
Often compared with EQGB.L:
EQGB.L vs. EQQQ.LEQGB.L vs. CNX1.LEQGB.L vs. VWRP.LEQGB.L vs. QQQEQGB.L vs. XNAQ.LEQGB.L vs. WLDS.LEQGB.L vs. INTL.L

HDLG.L vs. EQGB.L - Expense Ratio Comparison

HDLG.L has a 0.30% expense ratio, which is lower than EQGB.L's 0.35% expense ratio.

EQGB.L
Invesco EQQQ Nasdaq-100 UCITS ETF GBP Hdg Acc
HDLG.L
Invesco S&P 500 High Dividend Low Volatility UCITS ETF

Return for Risk

HDLG.L vs. EQGB.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
HDLG.L
HDLG.L Risk / Return Rank: 1515
Overall Rank
HDLG.L Sharpe Ratio Rank: 1313
Sharpe Ratio Rank
HDLG.L Sortino Ratio Rank: 1212
Sortino Ratio Rank
HDLG.L Omega Ratio Rank: 1212
Omega Ratio Rank
HDLG.L Calmar Ratio Rank: 2121
Calmar Ratio Rank
HDLG.L Martin Ratio Rank: 2020
Martin Ratio Rank
EQGB.L
EQGB.L Risk / Return Rank: 6666
Overall Rank
EQGB.L Sharpe Ratio Rank: 5959
Sharpe Ratio Rank
EQGB.L Sortino Ratio Rank: 6262
Sortino Ratio Rank
EQGB.L Omega Ratio Rank: 5656
Omega Ratio Rank
EQGB.L Calmar Ratio Rank: 7878
Calmar Ratio Rank
EQGB.L Martin Ratio Rank: 7575
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.

HDLG.L vs. EQGB.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 High Dividend Low Volatility UCITS ETF (HDLG.L) and Invesco EQQQ Nasdaq-100 UCITS ETF GBP Hdg Acc (EQGB.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.

HDLG.LEQGB.LDifference

Sharpe ratio

Return per unit of total volatility

0.06

1.10

-1.04

Sortino ratio

Return per unit of downside risk

0.17

1.68

-1.51

Omega ratio

Gain probability vs. loss probability

1.02

1.22

-0.20

Calmar ratio

Return relative to maximum drawdown

0.55

2.49

-1.93

Martin ratio

Return relative to average drawdown

1.62

9.10

-7.48

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

HDLG.L vs. EQGB.L - Sharpe Ratio Comparison

The current HDLG.L Sharpe Ratio is 0.06, which is lower than the EQGB.L Sharpe Ratio of 1.10. The chart below compares the historical Sharpe Ratios of HDLG.L and EQGB.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

HDLG.LEQGB.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.06

1.10

-1.04

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.58

0.56

+0.01

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.47

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.59

0.78

-0.19

Correlation

The correlation between HDLG.L and EQGB.L is 0.22, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

HDLG.L vs. EQGB.L - Dividend Comparison

HDLG.L's dividend yield for the trailing twelve months is around 3.69%, while EQGB.L has not paid dividends to shareholders.

TTM20252024202320222021202020192018201720162015
HDLG.L
Invesco S&P 500 High Dividend Low Volatility UCITS ETF		3.69%3.93%3.46%4.12%3.49%3.30%4.65%3.77%3.67%3.18%2.88%1.86%
EQGB.L
Invesco EQQQ Nasdaq-100 UCITS ETF GBP Hdg Acc		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.04%0.00%0.00%0.00%0.00%

Drawdowns

HDLG.L vs. EQGB.L - Drawdown Comparison

The maximum HDLG.L drawdown since its inception was -33.75%, smaller than the maximum EQGB.L drawdown of -36.77%. Use the drawdown chart below to compare losses from any high point for HDLG.L and EQGB.L.

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Drawdown Indicators

HDLG.LEQGB.LDifference

Max Drawdown

Largest peak-to-trough decline

-33.75%

-36.77%

+3.02%

Max Drawdown (1Y)

Largest decline over 1 year

-8.87%

-11.33%

+2.46%

Max Drawdown (5Y)

Largest decline over 5 years

-17.84%

-36.77%

+18.93%

Max Drawdown (10Y)

Largest decline over 10 years

-33.75%

—

—

Current Drawdown

Current decline from peak

-4.01%

-8.28%

+4.27%

Average Drawdown

Average peak-to-trough decline

-6.31%

-7.64%

+1.33%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.25%

3.10%

-0.85%

Volatility

HDLG.L vs. EQGB.L - Volatility Comparison

The current volatility for Invesco S&P 500 High Dividend Low Volatility UCITS ETF (HDLG.L) is 4.22%, while Invesco EQQQ Nasdaq-100 UCITS ETF GBP Hdg Acc (EQGB.L) has a volatility of 5.74%. This indicates that HDLG.L experiences smaller price fluctuations and is considered to be less risky than EQGB.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

HDLG.LEQGB.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.22%

5.74%

-1.52%

Volatility (6M)

Calculated over the trailing 6-month period

7.63%

12.05%

-4.42%

Volatility (1Y)

Calculated over the trailing 1-year period

13.28%

20.29%

-7.01%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

12.96%

20.94%

-7.98%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.66%

21.30%

-5.64%