IQQQ.DE vs. ^FCHI
IQQQ.DE (iShares Global Water UCITS ETF) is Water Equities fund tracking the S&P Global Water, while ^FCHI (CAC 40) is an index. Over the past 10 years, IQQQ.DE returned 9.20%/yr vs 6.77%/yr for ^FCHI. A 0.66 correlation means they provide meaningful diversification when combined.
Performance
IQQQ.DE vs. ^FCHI - Performance Comparison
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Returns By Period
In the year-to-date period, IQQQ.DE achieves a 5.34% return, which is significantly higher than ^FCHI's 2.32% return. Over the past 10 years, IQQQ.DE has outperformed ^FCHI with an annualized return of 9.20%, while ^FCHI has yielded a comparatively lower 6.77% annualized return.
IQQQ.DE
- 1D
- -1.44%
- 1M
- 3.35%
- 6M
- 1.71%
- YTD
- 5.34%
- 1Y
- 7.20%
- 3Y*
- 7.40%
- 5Y*
- 5.35%
- 10Y*
- 9.20%
- ALL TIME*
- 7.58%
^FCHI
- 1D
- -0.47%
- 1M
- -0.98%
- 6M
- 2.80%
- YTD
- 2.32%
- 1Y
- 6.60%
- 3Y*
- 4.44%
- 5Y*
- 5.24%
- 10Y*
- 6.77%
- ALL TIME*
- 4.25%
IQQQ.DE vs. ^FCHI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IQQQ.DE iShares Global Water UCITS ETF | 5.34% | 5.06% | 10.14% | 9.73% | -16.61% | 42.40% | 4.63% | 38.35% | -7.05% | 11.42% |
^FCHI CAC 40 | 2.32% | 10.42% | -2.15% | 16.52% | -9.50% | 28.85% | -7.14% | 26.37% | -10.95% | 9.26% |
Correlation
The correlation between IQQQ.DE and ^FCHI is 0.52, 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 | 0.52 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.52 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.61 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.65 |
Correlation (All Time) Calculated using the full available price history since Sep 27, 2007 | 0.66 |
The correlation between IQQQ.DE and ^FCHI shifts across timeframes, from 0.52 (1 year) to 0.66 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
IQQQ.DE vs. ^FCHI — Risk / Return Rank
IQQQ.DE
^FCHI
IQQQ.DE vs. ^FCHI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Water UCITS ETF (IQQQ.DE) and CAC 40 (^FCHI). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| IQQQ.DE | ^FCHI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.14 | ||
| Sortino ratioReturn per unit of downside risk | +0.13 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.09 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 0.79 | 0.59 | +0.20 |
| Martin ratioReturn relative to average drawdown | 1.87 | 1.69 | +0.18 |
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Drawdowns
IQQQ.DE vs. ^FCHI - Drawdown Comparison
The maximum IQQQ.DE drawdown since its inception was -50.44%, smaller than the maximum ^FCHI drawdown of -65.29%. Use the drawdown chart below to compare losses from any high point for IQQQ.DE and ^FCHI.
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Drawdown Indicators
| IQQQ.DE | ^FCHI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.44% | -65.29% | +14.85% |
Max Drawdown (1Y)Largest decline over 1 year | -9.04% | -11.08% | +2.04% |
Max Drawdown (3Y)Largest decline over 3 years | -17.50% | -16.71% | -0.79% |
Max Drawdown (5Y)Largest decline over 5 years | -24.40% | -23.04% | -1.36% |
Max Drawdown (10Y)Largest decline over 10 years | -34.51% | -38.56% | +4.05% |
Current DrawdownCurrent decline from peak | -2.37% | -3.27% | +0.90% |
Average DrawdownAverage peak-to-trough decline | -9.47% | -24.39% | +14.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.84% | 3.89% | -0.05% |
Volatility
IQQQ.DE vs. ^FCHI - Volatility Comparison
iShares Global Water UCITS ETF (IQQQ.DE) has a higher volatility of 4.33% compared to CAC 40 (^FCHI) at 3.51%. This indicates that IQQQ.DE's price experiences larger fluctuations and is considered to be riskier than ^FCHI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IQQQ.DE | ^FCHI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.33% | 3.51% | +0.82% |
Volatility (6M)Calculated over the trailing 6-month period | 9.47% | 11.50% | -2.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.02% | 14.23% | -2.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.54% | 16.40% | -1.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.15% | 17.39% | -2.24% |
Frequently Asked Questions
IQQQ.DE and ^FCHI have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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