IQQQ.DE vs. AKWA.DE
IQQQ.DE (iShares Global Water UCITS ETF) and AKWA.DE (Global X Clean Water UCITS ETF) are both Water Equities funds - IQQQ.DE tracks the S&P Global Water while AKWA.DE tracks the Solactive Global Clean Water Industry. Both are passively managed. Over the past 3 years, IQQQ.DE returned 6.09%/yr vs 7.49%/yr for AKWA.DE. Their correlation of 0.89 suggests significant overlap in exposure. IQQQ.DE charges 0.65%/yr vs 0.50%/yr for AKWA.DE.
Performance
IQQQ.DE vs. AKWA.DE - Performance Comparison
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Returns By Period
In the year-to-date period, IQQQ.DE achieves a -0.71% return, which is significantly lower than AKWA.DE's -0.44% return.
IQQQ.DE
- 1D
- -0.44%
- 1M
- -3.72%
- YTD
- -0.71%
- 6M
- -1.42%
- 1Y
- 1.94%
- 3Y*
- 6.09%
- 5Y*
- 5.32%
- 10Y*
- 9.10%
AKWA.DE
- 1D
- -0.50%
- 1M
- -2.56%
- YTD
- -0.44%
- 6M
- -2.47%
- 1Y
- -0.28%
- 3Y*
- 7.49%
- 5Y*
- —
- 10Y*
- —
IQQQ.DE vs. AKWA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
IQQQ.DE iShares Global Water UCITS ETF | -0.71% | 5.27% | 10.22% | 9.85% | -16.58% | 1.78% |
AKWA.DE Global X Clean Water UCITS ETF | -0.44% | 0.80% | 12.17% | 20.84% | -15.13% | -0.34% |
Correlation
The correlation between IQQQ.DE and AKWA.DE is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.85 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.88 |
Correlation (All Time) Calculated using the full available price history since Dec 10, 2021 | 0.89 |
The correlation between IQQQ.DE and AKWA.DE has been stable across timeframes, ranging from 0.85 to 0.89 - a consistent structural relationship.
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Return for Risk
IQQQ.DE vs. AKWA.DE — Risk / Return Rank
IQQQ.DE
AKWA.DE
IQQQ.DE vs. AKWA.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Water UCITS ETF (IQQQ.DE) and Global X Clean Water UCITS ETF (AKWA.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.
| IQQQ.DE | AKWA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.18 | ||
| Sortino ratioReturn per unit of downside risk | +0.24 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 1.01 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 0.19 | -0.05 | +0.24 |
| Martin ratioReturn relative to average drawdown | 0.49 | -0.11 | +0.61 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| IQQQ.DE | AKWA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.15 | -0.03 | +0.18 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.36 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.60 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.50 | 0.20 | +0.30 |
Drawdowns
IQQQ.DE vs. AKWA.DE - Drawdown Comparison
The maximum IQQQ.DE drawdown since its inception was -48.04%, which is greater than AKWA.DE's maximum drawdown of -23.07%. Use the drawdown chart below to compare losses from any high point for IQQQ.DE and AKWA.DE.
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Drawdown Indicators
| IQQQ.DE | AKWA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.04% | -23.07% | -24.97% |
Max Drawdown (1Y)Largest decline over 1 year | -8.94% | -9.90% | +0.96% |
Max Drawdown (3Y)Largest decline over 3 years | -17.50% | -19.99% | +2.49% |
Max Drawdown (5Y)Largest decline over 5 years | -24.39% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -34.50% | — | — |
Current DrawdownCurrent decline from peak | -7.97% | -8.54% | +0.57% |
Average DrawdownAverage peak-to-trough decline | -7.76% | -7.60% | -0.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.51% | 4.12% | -0.61% |
Volatility
IQQQ.DE vs. AKWA.DE - Volatility Comparison
The current volatility for iShares Global Water UCITS ETF (IQQQ.DE) is 3.43%, while Global X Clean Water UCITS ETF (AKWA.DE) has a volatility of 3.85%. This indicates that IQQQ.DE experiences smaller price fluctuations and is considered to be less risky than AKWA.DE 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 | AKWA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.43% | 3.85% | -0.42% |
Volatility (6M)Calculated over the trailing 6-month period | 8.83% | 10.07% | -1.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.67% | 13.59% | -1.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.47% | 16.02% | -1.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.19% | 16.02% | -0.83% |
IQQQ.DE vs. AKWA.DE - Expense Ratio Comparison
IQQQ.DE has a 0.65% expense ratio, which is higher than AKWA.DE's 0.50% expense ratio.
Dividends
IQQQ.DE vs. AKWA.DE - Dividend Comparison
IQQQ.DE's dividend yield for the trailing twelve months is around 1.65%, while AKWA.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AKWA.DE Global X Clean Water UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IQQQ.DE iShares Global Water UCITS ETF | 1.65% | 1.56% | 1.12% | 1.31% | 1.17% | 1.88% | 1.16% | 1.55% | 2.08% | 1.76% | 1.85% | 1.79% |
Frequently Asked Questions
IQQQ.DE and AKWA.DE have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, AKWA.DE is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.
AKWA.DE is cheaper with a 0.50% expense ratio, compared with 0.65% for IQQQ.DE.
IQQQ.DE tracks S&P Global Water, while AKWA.DE tracks Solactive Global Clean Water Industry. They also come from different issuers: iShares and Global X. Their fees differ too: 0.65% for IQQQ.DE and 0.50% for AKWA.DE.
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