IQQQ.DE vs. OEWA.DE
IQQQ.DE (iShares Global Water UCITS ETF) is Water Equities fund tracking the S&P Global Water, while OEWA.DE (VERBUND AG) is a stock. Over the past 10 years, IQQQ.DE returned 9.10%/yr vs 19.89%/yr for OEWA.DE. At a 0.28 correlation, their price movements are largely independent.
Performance
IQQQ.DE vs. OEWA.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 OEWA.DE's -0.18% return. Over the past 10 years, IQQQ.DE has underperformed OEWA.DE with an annualized return of 9.10%, while OEWA.DE has yielded a comparatively higher 19.89% annualized 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%
OEWA.DE
- 1D
- 0.51%
- 1M
- -4.47%
- YTD
- -0.18%
- 6M
- -3.23%
- 1Y
- -7.15%
- 3Y*
- -0.63%
- 5Y*
- -0.61%
- 10Y*
- 19.89%
IQQQ.DE vs. OEWA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IQQQ.DE iShares Global Water UCITS ETF | -0.71% | 5.27% | 10.22% | 9.85% | -16.58% | 42.81% | 4.77% | 38.59% | -6.82% | 11.64% |
OEWA.DE VERBUND AG | -0.18% | -8.74% | -10.94% | 11.70% | -20.38% | 44.91% | 57.09% | 23.07% | 88.43% | 33.95% |
Correlation
The correlation between IQQQ.DE and OEWA.DE is 0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.03 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.19 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since Sep 28, 2007 | 0.28 |
Over the past year, the correlation between IQQQ.DE and OEWA.DE has dropped to 0.03 - well below their long-term average of 0.28, suggesting their price drivers have been diverging.
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Return for Risk
IQQQ.DE vs. OEWA.DE — Risk / Return Rank
IQQQ.DE
OEWA.DE
IQQQ.DE vs. OEWA.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Water UCITS ETF (IQQQ.DE) and VERBUND AG (OEWA.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 | OEWA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.52 | ||
| Sortino ratioReturn per unit of downside risk | +0.66 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 0.96 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 0.19 | -0.54 | +0.74 |
| Martin ratioReturn relative to average drawdown | 0.49 | -1.11 | +1.61 |
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 | OEWA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.15 | -0.37 | +0.52 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.36 | -0.02 | +0.38 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.60 | 0.62 | -0.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.50 | 0.39 | +0.10 |
Drawdowns
IQQQ.DE vs. OEWA.DE - Drawdown Comparison
The maximum IQQQ.DE drawdown since its inception was -48.04%, smaller than the maximum OEWA.DE drawdown of -78.68%. Use the drawdown chart below to compare losses from any high point for IQQQ.DE and OEWA.DE.
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Drawdown Indicators
| IQQQ.DE | OEWA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.04% | -78.68% | +30.64% |
Max Drawdown (1Y)Largest decline over 1 year | -8.94% | -15.92% | +6.98% |
Max Drawdown (3Y)Largest decline over 3 years | -17.50% | -30.01% | +12.51% |
Max Drawdown (5Y)Largest decline over 5 years | -24.39% | -42.57% | +18.18% |
Max Drawdown (10Y)Largest decline over 10 years | -34.50% | -45.41% | +10.91% |
Current DrawdownCurrent decline from peak | -7.97% | -37.30% | +29.33% |
Average DrawdownAverage peak-to-trough decline | -7.76% | -37.78% | +30.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.51% | 7.79% | -4.28% |
Volatility
IQQQ.DE vs. OEWA.DE - Volatility Comparison
The current volatility for iShares Global Water UCITS ETF (IQQQ.DE) is 3.43%, while VERBUND AG (OEWA.DE) has a volatility of 8.16%. This indicates that IQQQ.DE experiences smaller price fluctuations and is considered to be less risky than OEWA.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 | OEWA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.43% | 8.16% | -4.73% |
Volatility (6M)Calculated over the trailing 6-month period | 8.83% | 18.81% | -9.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.67% | 23.65% | -11.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.47% | 31.78% | -17.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.19% | 32.13% | -16.94% |
Dividends
IQQQ.DE vs. OEWA.DE - Dividend Comparison
IQQQ.DE's dividend yield for the trailing twelve months is around 1.65%, less than OEWA.DE's 5.36% yield.
| 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% |
OEWA.DE VERBUND AG | 5.36% | 4.52% | 5.87% | 4.28% | 1.33% | 0.75% | 0.99% | 0.93% | 1.13% | 1.45% | 2.30% | 2.41% |
Frequently Asked Questions
IQQQ.DE and OEWA.DE have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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