IQQQ.DE vs. WATL.L
IQQQ.DE (iShares Global Water UCITS ETF) and WATL.L (Lyxor MSCI Water ESG Filtered (DR) UCITS ETF Dist) are both Water Equities funds - IQQQ.DE tracks the S&P Global Water while WATL.L tracks the S&P Global Water TR. Both are passively managed. Over the past 10 years, IQQQ.DE returned 9.10%/yr vs 8.20%/yr for WATL.L. A 0.72 correlation means they provide meaningful diversification when combined. IQQQ.DE charges 0.65%/yr vs 0.60%/yr for WATL.L.
Performance
IQQQ.DE vs. WATL.L - Performance Comparison
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Different Trading Currencies
IQQQ.DE is traded in EUR, while WATL.L is traded in GBp. To make them comparable, the WATL.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, IQQQ.DE achieves a -0.71% return, which is significantly lower than WATL.L's 0.17% return. Over the past 10 years, IQQQ.DE has outperformed WATL.L with an annualized return of 9.10%, while WATL.L has yielded a comparatively lower 8.20% 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%
WATL.L
- 1D
- 0.04%
- 1M
- -3.17%
- YTD
- 0.17%
- 6M
- -1.06%
- 1Y
- -1.70%
- 3Y*
- 7.05%
- 5Y*
- 5.74%
- 10Y*
- 8.20%
IQQQ.DE vs. WATL.L - 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% |
WATL.L Lyxor MSCI Water ESG Filtered (DR) UCITS ETF Dist | 0.17% | 0.92% | 12.51% | 18.72% | -16.50% | 33.61% | 7.12% | 40.42% | -13.99% | 10.37% |
Correlation
The correlation between IQQQ.DE and WATL.L is 0.82, 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 | 0.82 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.85 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.85 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.78 |
Correlation (All Time) Calculated using the full available price history since Dec 5, 2012 | 0.72 |
The correlation between IQQQ.DE and WATL.L shifts across timeframes, from 0.72 (all time) to 0.85 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
IQQQ.DE vs. WATL.L — Risk / Return Rank
IQQQ.DE
WATL.L
IQQQ.DE vs. WATL.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Water UCITS ETF (IQQQ.DE) and Lyxor MSCI Water ESG Filtered (DR) UCITS ETF Dist (WATL.L). 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 | WATL.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.34 | ||
| Sortino ratioReturn per unit of downside risk | +0.47 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 0.98 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 0.19 | -0.21 | +0.41 |
| Martin ratioReturn relative to average drawdown | 0.49 | -0.51 | +1.00 |
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 | WATL.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.15 | -0.19 | +0.34 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.36 | 0.41 | -0.04 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.60 | 0.57 | +0.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.50 | 0.84 | -0.34 |
Drawdowns
IQQQ.DE vs. WATL.L - Drawdown Comparison
The maximum IQQQ.DE drawdown since its inception was -48.04%, which is greater than WATL.L's maximum drawdown of -36.04%. Use the drawdown chart below to compare losses from any high point for IQQQ.DE and WATL.L.
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Drawdown Indicators
| IQQQ.DE | WATL.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.04% | -36.04% | -12.00% |
Max Drawdown (1Y)Largest decline over 1 year | -8.94% | -10.20% | +1.26% |
Max Drawdown (3Y)Largest decline over 3 years | -17.50% | -16.08% | -1.42% |
Max Drawdown (5Y)Largest decline over 5 years | -24.39% | -24.69% | +0.30% |
Max Drawdown (10Y)Largest decline over 10 years | -34.50% | -36.04% | +1.54% |
Current DrawdownCurrent decline from peak | -7.97% | -9.00% | +1.03% |
Average DrawdownAverage peak-to-trough decline | -7.76% | -5.52% | -2.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.51% | 4.29% | -0.78% |
Volatility
IQQQ.DE vs. WATL.L - Volatility Comparison
iShares Global Water UCITS ETF (IQQQ.DE) and Lyxor MSCI Water ESG Filtered (DR) UCITS ETF Dist (WATL.L) have volatilities of 3.43% and 3.28%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IQQQ.DE | WATL.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.43% | 3.28% | +0.15% |
Volatility (6M)Calculated over the trailing 6-month period | 8.83% | 9.01% | -0.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.67% | 11.65% | +0.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.47% | 14.70% | -0.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.19% | 16.42% | -1.23% |
IQQQ.DE vs. WATL.L - Expense Ratio Comparison
IQQQ.DE has a 0.65% expense ratio, which is higher than WATL.L's 0.60% expense ratio.
Dividends
IQQQ.DE vs. WATL.L - Dividend Comparison
IQQQ.DE's dividend yield for the trailing twelve months is around 1.65%, more than WATL.L's 1.09% 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% |
WATL.L Lyxor MSCI Water ESG Filtered (DR) UCITS ETF Dist | 1.09% | 1.08% | 0.77% | 0.84% | 0.42% | 0.63% | 1.22% | 1.59% | 2.06% | 1.60% | 2.21% | 2.43% |
Frequently Asked Questions
IQQQ.DE and WATL.L have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WATL.L is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WATL.L is cheaper with a 0.60% expense ratio, compared with 0.65% for IQQQ.DE.
IQQQ.DE tracks S&P Global Water, while WATL.L tracks S&P Global Water TR. They also come from different issuers: iShares and Amundi. Their fees differ too: 0.65% for IQQQ.DE and 0.60% for WATL.L.
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