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HEQQ vs. FTGQ.DE
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

HEQQ vs. FTGQ.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Nasdaq Hedged Equity Laddered Overlay ETF (HEQQ) and First Trust Vest Nasdaq-100 Moderate Buffer UCITS ETF December Class A Accumulation (FTGQ.DE). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

HEQQ is traded in USD, while FTGQ.DE is traded in EUR. To make them comparable, the FTGQ.DE values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, HEQQ achieves a 4.36% return, which is significantly lower than FTGQ.DE's 6.37% return.


HEQQ

1D
-0.29%
1M
0.32%
YTD
4.36%
6M
4.07%
1Y
16.57%
3Y*
5Y*
10Y*

FTGQ.DE

1D
-0.04%
1M
2.11%
YTD
6.37%
6M
7.47%
1Y
18.15%
3Y*
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

HEQQ vs. FTGQ.DE - Yearly Performance Comparison


Correlation

The correlation between HEQQ and FTGQ.DE is 0.59, 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

0.59

Correlation (All Time)
Calculated using the full available price history since Mar 28, 2025

0.43

The correlation between HEQQ and FTGQ.DE shifts across timeframes, from 0.43 (all time) to 0.59 (1 year), reflecting how their relationship changes across market environments.

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Return for Risk

HEQQ vs. FTGQ.DE — Risk / Return Rank

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

HEQQ
HEQQ Risk / Return Rank: 5757
Overall Rank
HEQQ Sharpe Ratio Rank: 6262
Sharpe Ratio Rank
HEQQ Sortino Ratio Rank: 6262
Sortino Ratio Rank
HEQQ Omega Ratio Rank: 6767
Omega Ratio Rank
HEQQ Calmar Ratio Rank: 4444
Calmar Ratio Rank
HEQQ Martin Ratio Rank: 5151
Martin Ratio Rank

FTGQ.DE
FTGQ.DE Risk / Return Rank: 6363
Overall Rank
FTGQ.DE Sharpe Ratio Rank: 5656
Sharpe Ratio Rank
FTGQ.DE Sortino Ratio Rank: 5656
Sortino Ratio Rank
FTGQ.DE Omega Ratio Rank: 5757
Omega Ratio Rank
FTGQ.DE Calmar Ratio Rank: 8282
Calmar Ratio Rank
FTGQ.DE Martin Ratio Rank: 6464
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.

HEQQ vs. FTGQ.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Nasdaq Hedged Equity Laddered Overlay ETF (HEQQ) and First Trust Vest Nasdaq-100 Moderate Buffer UCITS ETF December Class A Accumulation (FTGQ.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.


HEQQFTGQ.DEDifference
Sharpe ratioReturn per unit of total volatility

-0.23

Sortino ratioReturn per unit of downside risk

-0.52

Omega ratioGain probability vs. loss probability

1.39

1.41

-0.02

Calmar ratioReturn relative to maximum drawdown

2.18

3.15

-0.97

Martin ratioReturn relative to average drawdown

8.59

13.01

-4.42

HEQQ vs. FTGQ.DE - Sharpe Ratio Comparison

The current HEQQ Sharpe Ratio is 2.04, which is comparable to the FTGQ.DE Sharpe Ratio of 2.27. The chart below compares the historical Sharpe Ratios of HEQQ and FTGQ.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Sharpe Ratios by Period


HEQQFTGQ.DEDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.04

2.27

-0.23

Sharpe Ratio (All Time)

Calculated using the full available price history

1.71

0.92

+0.79

Drawdowns

HEQQ vs. FTGQ.DE - Drawdown Comparison

The maximum HEQQ drawdown since its inception was -7.64%, smaller than the maximum FTGQ.DE drawdown of -12.57%. Use the drawdown chart below to compare losses from any high point for HEQQ and FTGQ.DE.


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Drawdown Indicators


HEQQFTGQ.DEDifference

Max Drawdown

Largest peak-to-trough decline

-7.64%

-12.57%

+4.93%

Max Drawdown (1Y)

Largest decline over 1 year

-7.64%

-5.74%

-1.90%

Current Drawdown

Current decline from peak

-0.84%

-0.19%

-0.65%

Average Drawdown

Average peak-to-trough decline

-1.11%

-2.15%

+1.04%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.93%

1.39%

+0.54%

Volatility

HEQQ vs. FTGQ.DE - Volatility Comparison

JPMorgan Nasdaq Hedged Equity Laddered Overlay ETF (HEQQ) and First Trust Vest Nasdaq-100 Moderate Buffer UCITS ETF December Class A Accumulation (FTGQ.DE) have volatilities of 1.33% and 1.34%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


HEQQFTGQ.DEDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.33%

1.34%

-0.01%

Volatility (6M)

Calculated over the trailing 6-month period

6.63%

5.16%

+1.47%

Volatility (1Y)

Calculated over the trailing 1-year period

8.14%

7.96%

+0.18%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

10.87%

12.33%

-1.46%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

10.87%

12.33%

-1.46%

HEQQ vs. FTGQ.DE - Expense Ratio Comparison

HEQQ has a 0.50% expense ratio, which is lower than FTGQ.DE's 0.90% expense ratio.


Dividends

HEQQ vs. FTGQ.DE - Dividend Comparison

HEQQ's dividend yield for the trailing twelve months is around 0.19%, while FTGQ.DE has not paid dividends to shareholders.


Frequently Asked Questions


HEQQ and FTGQ.DE have a correlation of 0.59, 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: JPMorgan and First Trust. Their fees differ too: 0.50% for HEQQ and 0.90% for FTGQ.DE.

Portfolio Optimizer

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