IBCD.DE vs. EQQQ.DE
Compare and contrast key facts about iShares USD Corporate Bond UCITS ETF (Dist) (IBCD.DE) and Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.DE).
IBCD.DE and EQQQ.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IBCD.DE is a passively managed fund by iShares that tracks the performance of the iBoxx® USD Liquid Investment Grade. It was launched on Mar 15, 2003. EQQQ.DE is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Dec 2, 2002. Both IBCD.DE and EQQQ.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IBCD.DE or EQQQ.DE.
Key characteristics
| IBCD.DE | EQQQ.DE | |
|---|---|---|
| YTD Return | 2.72% | 30.62% |
| 1Y Return | 6.97% | 37.38% |
| 3Y Return (Ann) | -3.03% | 12.32% |
| 5Y Return (Ann) | -0.59% | 21.74% |
| 10Y Return (Ann) | 3.38% | 19.92% |
| Sharpe Ratio | 0.95 | 2.27 |
| Sortino Ratio | 1.49 | 3.00 |
| Omega Ratio | 1.18 | 1.42 |
| Calmar Ratio | 0.39 | 2.80 |
| Martin Ratio | 3.01 | 9.27 |
| Ulcer Index | 2.27% | 4.05% |
| Daily Std Dev | 7.18% | 16.44% |
| Max Drawdown | -41.86% | -47.04% |
| Current Drawdown | -11.25% | 0.00% |
Correlation
The correlation between IBCD.DE and EQQQ.DE is 0.14, 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.
Performance
IBCD.DE vs. EQQQ.DE - Performance Comparison
In the year-to-date period, IBCD.DE achieves a 2.72% return, which is significantly lower than EQQQ.DE's 30.62% return. Over the past 10 years, IBCD.DE has underperformed EQQQ.DE with an annualized return of 3.38%, while EQQQ.DE has yielded a comparatively higher 19.92% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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IBCD.DE vs. EQQQ.DE - Expense Ratio Comparison
IBCD.DE has a 0.20% expense ratio, which is lower than EQQQ.DE's 0.30% expense ratio.
Risk-Adjusted Performance
IBCD.DE vs. EQQQ.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares USD Corporate Bond UCITS ETF (Dist) (IBCD.DE) and Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.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.
Dividends
IBCD.DE vs. EQQQ.DE - Dividend Comparison
IBCD.DE has not paid dividends to shareholders, while EQQQ.DE's dividend yield for the trailing twelve months is around 0.38%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IBCD.DE iShares USD Corporate Bond UCITS ETF (Dist) | 0.00% | 0.00% | 3.60% | 2.21% | 2.56% | 3.07% | 3.09% | 3.02% | 2.97% | 3.00% | 1.21% | 0.00% |
EQQQ.DE Invesco EQQQ NASDAQ-100 UCITS ETF | 0.38% | 0.39% | 0.57% | 0.25% | 0.41% | 0.54% | 0.64% | 0.68% | 0.78% | 0.73% | 0.97% | 0.94% |
Drawdowns
IBCD.DE vs. EQQQ.DE - Drawdown Comparison
The maximum IBCD.DE drawdown since its inception was -41.86%, smaller than the maximum EQQQ.DE drawdown of -47.04%. Use the drawdown chart below to compare losses from any high point for IBCD.DE and EQQQ.DE. For additional features, visit the drawdowns tool.
Volatility
IBCD.DE vs. EQQQ.DE - Volatility Comparison
The current volatility for iShares USD Corporate Bond UCITS ETF (Dist) (IBCD.DE) is 2.42%, while Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.DE) has a volatility of 4.52%. This indicates that IBCD.DE experiences smaller price fluctuations and is considered to be less risky than EQQQ.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.