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KOD.L vs. EQQQ.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

KOD.L vs. EQQQ.L

Last updated Jun 5, 2026

KOD.L (Kodal Minerals plc) is a stock, while EQQQ.L (Invesco EQQQ NASDAQ-100 UCITS ETF) is Nasdaq-100 fund tracking the NASDAQ-100 Index. Over the past 10 years, KOD.L returned 21.98%/yr vs 22.47%/yr for EQQQ.L. At a 0.01 correlation, their price movements are largely independent.

Performance

KOD.L vs. EQQQ.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Kodal Minerals plc (KOD.L) and Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.L). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, KOD.L achieves a -6.06% return, which is significantly lower than EQQQ.L's 19.86% return. Both investments have delivered pretty close results over the past 10 years, with KOD.L having a 21.98% annualized return and EQQQ.L not far ahead at 22.47%.

KOD.L

1D
0.00%
1M
-1.59%
YTD
-6.06%
6M
-10.14%
1Y
12.73%
3Y*
-21.67%
5Y*
6.15%
10Y*
21.98%

EQQQ.L

1D
-0.63%
1M
8.17%
YTD
19.86%
6M
17.66%
1Y
40.85%
3Y*
24.65%
5Y*
18.87%
10Y*
22.47%
*Multi-year figures are annualized to reflect compound growth (CAGR)

KOD.L vs. EQQQ.L - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
KOD.L
Kodal Minerals plc		-6.06%-27.47%22.97%37.04%-12.20%192.86%147.06%-66.67%-34.62%11.43%
EQQQ.L
Invesco EQQQ NASDAQ-100 UCITS ETF		19.86%11.54%28.55%47.79%-25.54%29.59%43.32%33.69%4.64%20.12%

Correlation

The correlation between KOD.L and EQQQ.L is 0.09, 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

0.09

Correlation (3Y)
Calculated over the trailing 3-year period

0.01

Correlation (5Y)
Calculated over the trailing 5-year period

0.02

Correlation (10Y)
Calculated over the trailing 10-year period

0.02

Correlation (All Time)
Calculated using the full available price history since Dec 31, 2013

0.01

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Kodal Minerals plc

Invesco EQQQ NASDAQ-100 UCITS ETF

Often compared with KOD.L:
KOD.L vs. WMTKOD.L vs. KMP-UN.TOKOD.L vs. CELHKOD.L vs. BME.LKOD.L vs. GBP=XKOD.L vs. DAGB.LKOD.L vs. EXAS
Often compared with EQQQ.L:
EQQQ.L vs. QQQEQQQ.L vs. QQQMEQQQ.L vs. EQGB.LEQQQ.L vs. CNX1.LEQQQ.L vs. EQQU.LEQQQ.L vs. CSPX.LEQQQ.L vs. XNAQ.L

Return for Risk

KOD.L vs. EQQQ.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
KOD.L
KOD.L Risk / Return Rank: 4848
Overall Rank
KOD.L Sharpe Ratio Rank: 4747
Sharpe Ratio Rank
KOD.L Sortino Ratio Rank: 5050
Sortino Ratio Rank
KOD.L Omega Ratio Rank: 4848
Omega Ratio Rank
KOD.L Calmar Ratio Rank: 4848
Calmar Ratio Rank
KOD.L Martin Ratio Rank: 4747
Martin Ratio Rank
EQQQ.L
EQQQ.L Risk / Return Rank: 7878
Overall Rank
EQQQ.L Sharpe Ratio Rank: 8686
Sharpe Ratio Rank
EQQQ.L Sortino Ratio Rank: 8484
Sortino Ratio Rank
EQQQ.L Omega Ratio Rank: 8383
Omega Ratio Rank
EQQQ.L Calmar Ratio Rank: 7676
Calmar Ratio Rank
EQQQ.L Martin Ratio Rank: 6363
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

KOD.L vs. EQQQ.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Kodal Minerals plc (KOD.L) and Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.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.

KOD.LEQQQ.LDifference
Sharpe ratioReturn per unit of total volatility
0.17
2.82

-2.65

Sortino ratioReturn per unit of downside risk
0.83
3.71

-2.88

Omega ratioGain probability vs. loss probability

1.10

1.50

-0.40

Calmar ratioReturn relative to maximum drawdown

0.28

3.78

-3.50

Martin ratioReturn relative to average drawdown

0.50

11.13

-10.63

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

KOD.L vs. EQQQ.L - Sharpe Ratio Comparison

The current KOD.L Sharpe Ratio is 0.17, which is lower than the EQQQ.L Sharpe Ratio of 2.82. The chart below compares the historical Sharpe Ratios of KOD.L and EQQQ.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

KOD.LEQQQ.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.17

2.82

-2.65

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.08

0.99

-0.91

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.20

1.16

-0.96

Sharpe Ratio (All Time)

Calculated using the full available price history

-0.06

0.92

-0.98

Drawdowns

KOD.L vs. EQQQ.L - Drawdown Comparison

The maximum KOD.L drawdown since its inception was -99.05%, which is greater than EQQQ.L's maximum drawdown of -33.75%. Use the drawdown chart below to compare losses from any high point for KOD.L and EQQQ.L.

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Drawdown Indicators

KOD.LEQQQ.LDifference

Max Drawdown

Largest peak-to-trough decline

-99.05%

-33.75%

-65.30%

Max Drawdown (1Y)

Largest decline over 1 year

-46.43%

-10.97%

-35.46%

Max Drawdown (3Y)

Largest decline over 3 years

-67.47%

-24.09%

-43.38%

Max Drawdown (5Y)

Largest decline over 5 years

-72.37%

-27.76%

-44.61%

Max Drawdown (10Y)

Largest decline over 10 years

-95.12%

-27.76%

-67.36%

Current Drawdown

Current decline from peak

-88.19%

-0.63%

-87.56%

Average Drawdown

Average peak-to-trough decline

-89.53%

-5.61%

-83.92%

Ulcer Index

Depth and duration of drawdowns from previous peaks

26.00%

3.73%

+22.27%

Volatility

KOD.L vs. EQQQ.L - Volatility Comparison

Kodal Minerals plc (KOD.L) has a higher volatility of 10.96% compared to Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.L) at 4.15%. This indicates that KOD.L's price experiences larger fluctuations and is considered to be riskier than EQQQ.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

KOD.LEQQQ.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

10.96%

4.15%

+6.81%

Volatility (6M)

Calculated over the trailing 6-month period

53.98%

10.33%

+43.65%

Volatility (1Y)

Calculated over the trailing 1-year period

78.83%

14.70%

+64.13%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

79.61%

19.14%

+60.47%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

108.59%

19.35%

+89.24%

Dividends

KOD.L vs. EQQQ.L - Dividend Comparison

KOD.L has not paid dividends to shareholders, while EQQQ.L's dividend yield for the trailing twelve months is around 0.23%.

PositionTTM20252024202320222021202020192018201720162015
EQQQ.L
Invesco EQQQ NASDAQ-100 UCITS ETF		0.23%0.29%0.38%0.39%0.56%0.25%0.41%0.56%0.63%0.67%0.77%0.72%
KOD.L
Kodal Minerals plc		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

KOD.L and EQQQ.L have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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