IVAI.DE vs. EQQX.DE
IVAI.DE (Invesco Artificial Intelligence Enablers UCITS ETF) and EQQX.DE (Invesco Nasdaq-100 Swap UCITS ETF Acc) are both exchange-traded funds - IVAI.DE is a Technology Equities fund tracking the S&P Kensho Global Artificial Intelligence Enablers Screened Index, while EQQX.DE is a Nasdaq-100 fund tracking the Nasdaq 100®. Both are passively managed. Over the past year, IVAI.DE returned 71.74% vs 38.41% for EQQX.DE. A 0.79 correlation means they provide meaningful diversification when combined. IVAI.DE charges 0.35%/yr vs 0.20%/yr for EQQX.DE.
Performance
IVAI.DE vs. EQQX.DE - Performance Comparison
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Returns By Period
In the year-to-date period, IVAI.DE achieves a 38.56% return, which is significantly higher than EQQX.DE's 21.61% return.
IVAI.DE
- 1D
- -0.91%
- 1M
- 19.08%
- YTD
- 38.56%
- 6M
- 34.01%
- 1Y
- 71.74%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EQQX.DE
- 1D
- 0.11%
- 1M
- 8.86%
- YTD
- 21.61%
- 6M
- 19.72%
- 1Y
- 38.41%
- 3Y*
- 25.43%
- 5Y*
- 19.11%
- 10Y*
- —
IVAI.DE vs. EQQX.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
IVAI.DE Invesco Artificial Intelligence Enablers UCITS ETF | 38.56% | 15.37% | 6.83% |
EQQX.DE Invesco Nasdaq-100 Swap UCITS ETF Acc | 21.61% | 7.13% | 7.48% |
Correlation
The correlation between IVAI.DE and EQQX.DE is 0.81, 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 | 0.81 |
Correlation (All Time) Calculated using the full available price history since Oct 30, 2024 | 0.79 |
The correlation between IVAI.DE and EQQX.DE has been stable across timeframes, ranging from 0.79 to 0.81 - a consistent structural relationship.
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Return for Risk
IVAI.DE vs. EQQX.DE — Risk / Return Rank
IVAI.DE
EQQX.DE
IVAI.DE vs. EQQX.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Artificial Intelligence Enablers UCITS ETF (IVAI.DE) and Invesco Nasdaq-100 Swap UCITS ETF Acc (EQQX.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.
| IVAI.DE | EQQX.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.41 | ||
| Sortino ratioReturn per unit of downside risk | -0.46 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.44 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 3.09 | 3.91 | -0.82 |
| Martin ratioReturn relative to average drawdown | 5.91 | 11.64 | -5.73 |
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
| IVAI.DE | EQQX.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.08 | 2.49 | -0.41 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.95 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.10 | 0.90 | +0.20 |
Drawdowns
IVAI.DE vs. EQQX.DE - Drawdown Comparison
The maximum IVAI.DE drawdown since its inception was -34.16%, which is greater than EQQX.DE's maximum drawdown of -31.17%. Use the drawdown chart below to compare losses from any high point for IVAI.DE and EQQX.DE.
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Drawdown Indicators
| IVAI.DE | EQQX.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.16% | -31.17% | -2.99% |
Max Drawdown (1Y)Largest decline over 1 year | -23.74% | -9.97% | -13.77% |
Max Drawdown (3Y)Largest decline over 3 years | — | -26.80% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -31.17% | — |
Current DrawdownCurrent decline from peak | -3.53% | 0.00% | -3.53% |
Average DrawdownAverage peak-to-trough decline | -11.30% | -7.99% | -3.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.45% | 3.36% | +9.09% |
Volatility
IVAI.DE vs. EQQX.DE - Volatility Comparison
Invesco Artificial Intelligence Enablers UCITS ETF (IVAI.DE) has a higher volatility of 11.14% compared to Invesco Nasdaq-100 Swap UCITS ETF Acc (EQQX.DE) at 4.15%. This indicates that IVAI.DE's price experiences larger fluctuations and is considered to be riskier than EQQX.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IVAI.DE | EQQX.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.14% | 4.15% | +6.99% |
Volatility (6M)Calculated over the trailing 6-month period | 20.25% | 10.89% | +9.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.34% | 15.75% | +19.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.39% | 19.86% | +16.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.39% | 19.79% | +16.60% |
IVAI.DE vs. EQQX.DE - Expense Ratio Comparison
IVAI.DE has a 0.35% expense ratio, which is higher than EQQX.DE's 0.20% expense ratio.
Dividends
IVAI.DE vs. EQQX.DE - Dividend Comparison
Neither IVAI.DE nor EQQX.DE has paid dividends to shareholders.
Frequently Asked Questions
IVAI.DE and EQQX.DE have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EQQX.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EQQX.DE is cheaper with a 0.20% expense ratio, compared with 0.35% for IVAI.DE.
IVAI.DE is categorized as Technology Equities, while EQQX.DE is Nasdaq-100. IVAI.DE tracks S&P Kensho Global Artificial Intelligence Enablers Screened Index, while EQQX.DE tracks Nasdaq 100®. Their fees differ too: 0.35% for IVAI.DE and 0.20% for EQQX.DE.
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