IQQQ.DE vs. NQSE.DE
IQQQ.DE (iShares Global Water UCITS ETF) and NQSE.DE (iShares NASDAQ 100 UCITS ETF) are both exchange-traded funds - IQQQ.DE is a Water Equities fund tracking the S&P Global Water, while NQSE.DE is a Nasdaq-100 fund tracking the NASDAQ-100 Index. Both are passively managed. Over the past 5 years, IQQQ.DE returned 5.32%/yr vs 14.91%/yr for NQSE.DE. A 0.53 correlation means they provide meaningful diversification when combined. IQQQ.DE charges 0.65%/yr vs 0.33%/yr for NQSE.DE.
Performance
IQQQ.DE vs. NQSE.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 NQSE.DE's 17.82% 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%
NQSE.DE
- 1D
- -0.77%
- 1M
- 6.66%
- YTD
- 17.82%
- 6M
- 17.09%
- 1Y
- 35.67%
- 3Y*
- 25.27%
- 5Y*
- 14.91%
- 10Y*
- —
IQQQ.DE vs. NQSE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
IQQQ.DE iShares Global Water UCITS ETF | -0.71% | 5.27% | 10.22% | 9.85% | -16.58% | 42.81% | 4.77% | 38.59% | -8.72% |
NQSE.DE iShares NASDAQ 100 UCITS ETF | 17.82% | 18.16% | 24.07% | 52.10% | -36.29% | 27.37% | 45.23% | 35.67% | -15.98% |
Correlation
The correlation between IQQQ.DE and NQSE.DE is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.36 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.51 |
Correlation (All Time) Calculated using the full available price history since Sep 11, 2018 | 0.53 |
Over the past year, the correlation between IQQQ.DE and NQSE.DE has dropped to 0.32 - well below their long-term average of 0.53, suggesting their price drivers have been diverging.
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Return for Risk
IQQQ.DE vs. NQSE.DE — Risk / Return Rank
IQQQ.DE
NQSE.DE
IQQQ.DE vs. NQSE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Water UCITS ETF (IQQQ.DE) and iShares NASDAQ 100 UCITS ETF (NQSE.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 | NQSE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.13 | ||
| Sortino ratioReturn per unit of downside risk | -2.89 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 1.39 | -0.36 |
| Calmar ratioReturn relative to maximum drawdown | 0.19 | 3.08 | -2.89 |
| Martin ratioReturn relative to average drawdown | 0.49 | 10.77 | -10.27 |
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 | NQSE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.15 | 2.28 | -2.13 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.36 | 0.71 | -0.34 |
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 | 0.82 | -0.32 |
Drawdowns
IQQQ.DE vs. NQSE.DE - Drawdown Comparison
The maximum IQQQ.DE drawdown since its inception was -48.04%, which is greater than NQSE.DE's maximum drawdown of -37.67%. Use the drawdown chart below to compare losses from any high point for IQQQ.DE and NQSE.DE.
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Drawdown Indicators
| IQQQ.DE | NQSE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.04% | -37.67% | -10.37% |
Max Drawdown (1Y)Largest decline over 1 year | -8.94% | -11.87% | +2.93% |
Max Drawdown (3Y)Largest decline over 3 years | -17.50% | -22.40% | +4.90% |
Max Drawdown (5Y)Largest decline over 5 years | -24.39% | -37.67% | +13.28% |
Max Drawdown (10Y)Largest decline over 10 years | -34.50% | — | — |
Current DrawdownCurrent decline from peak | -7.97% | -0.84% | -7.13% |
Average DrawdownAverage peak-to-trough decline | -7.76% | -8.56% | +0.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.51% | 3.40% | +0.11% |
Volatility
IQQQ.DE vs. NQSE.DE - Volatility Comparison
The current volatility for iShares Global Water UCITS ETF (IQQQ.DE) is 3.43%, while iShares NASDAQ 100 UCITS ETF (NQSE.DE) has a volatility of 4.75%. This indicates that IQQQ.DE experiences smaller price fluctuations and is considered to be less risky than NQSE.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 | NQSE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.43% | 4.75% | -1.32% |
Volatility (6M)Calculated over the trailing 6-month period | 8.83% | 11.99% | -3.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.67% | 16.05% | -4.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.47% | 20.91% | -6.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.19% | 21.54% | -6.35% |
IQQQ.DE vs. NQSE.DE - Expense Ratio Comparison
IQQQ.DE has a 0.65% expense ratio, which is higher than NQSE.DE's 0.33% expense ratio.
Dividends
IQQQ.DE vs. NQSE.DE - Dividend Comparison
IQQQ.DE's dividend yield for the trailing twelve months is around 1.65%, while NQSE.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
NQSE.DE iShares NASDAQ 100 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% |
Frequently Asked Questions
IQQQ.DE and NQSE.DE have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, NQSE.DE is cheaper at 0.33% per year. The better choice depends on whether you care most about return, fees, risk, or income.
NQSE.DE is cheaper with a 0.33% expense ratio, compared with 0.65% for IQQQ.DE.
IQQQ.DE is categorized as Water Equities, while NQSE.DE is Nasdaq-100. IQQQ.DE tracks S&P Global Water, while NQSE.DE tracks NASDAQ-100 Index. Their fees differ too: 0.65% for IQQQ.DE and 0.33% for NQSE.DE.
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