LVWC.DE vs. QQQM

Last updated Jun 26, 2026

LVWC.DE (Amundi MSCI World 2x Leveraged UCITS ETF) and QQQM (Invesco NASDAQ 100 ETF) are both exchange-traded funds - LVWC.DE is a Leveraged Equities fund tracking the MSCI World Leveraged 2x Daily Net Index, while QQQM is a Nasdaq-100 fund tracking the NASDAQ-100 Index. Both are passively managed. A 0.60 correlation means they provide meaningful diversification when combined. LVWC.DE charges 0.60%/yr vs 0.15%/yr for QQQM.

Performance

LVWC.DE vs. QQQM - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Amundi MSCI World 2x Leveraged UCITS ETF (LVWC.DE) and Invesco NASDAQ 100 ETF (QQQM). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

LVWC.DE is traded in EUR, while QQQM is traded in USD. To make them comparable, the QQQM values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, LVWC.DE achieves a 15.24% return, which is significantly lower than QQQM's 19.95% return.

LVWC.DE

• 1D: -0.90%
• 1M: -1.16%
• YTD: 15.24%
• 6M: 15.53%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

QQQM

• 1D: 0.00%
• 1M: -0.24%
• YTD: 19.95%
• 6M: 18.42%
• 1Y: 35.49%
• 3Y*: 24.81%
• 5Y*: 17.18%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

LVWC.DE vs. QQQM - Yearly Performance Comparison

	2026 (YTD)	2025
LVWC.DE Amundi MSCI World 2x Leveraged UCITS ETF	15.24%	2.33%
QQQM Invesco NASDAQ 100 ETF	20.80%	-0.40%

Correlation

The correlation between LVWC.DE and QQQM is 0.60, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 9, 2025	0.60

Return for Risk

LVWC.DE vs. QQQM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

LVWC.DE

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

QQQM

QQQM Risk / Return Rank: 64
QQQM Sharpe Ratio Rank: 66
QQQM Sortino Ratio Rank: 61
QQQM Omega Ratio Rank: 64
QQQM Calmar Ratio Rank: 65
QQQM Martin Ratio Rank: 65

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.

LVWC.DE vs. QQQM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amundi MSCI World 2x Leveraged UCITS ETF (LVWC.DE) and Invesco NASDAQ 100 ETF (QQQM). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	LVWC.DE	QQQM	Difference
Sharpe ratio: Return per unit of total volatility	—	2.02	—
Sortino ratio: Return per unit of downside risk	—	2.58	—
Omega ratio: Gain probability vs. loss probability	—	1.36	—
Calmar ratio: Return relative to maximum drawdown	—	3.24	—
Martin ratio: Return relative to average drawdown	—	9.96	—

Drawdowns

LVWC.DE vs. QQQM - Drawdown Comparison

The maximum LVWC.DE drawdown since its inception was -14.47%, smaller than the maximum QQQM drawdown of -30.95%. Use the drawdown chart below to compare losses from any high point for LVWC.DE and QQQM.

Drawdown Indicators

	LVWC.DE	QQQM	Difference
Max Drawdown Largest peak-to-trough decline	-14.47%	-30.95%	+16.48%
Max Drawdown (1Y) Largest decline over 1 year	—	-10.99%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-27.16%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-30.95%	—
Current Drawdown Current decline from peak	-3.15%	-3.15%	0.00%
Average Drawdown Average peak-to-trough decline	-2.96%	-7.29%	+4.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.57%	—

Volatility

Volatility by Period

	LVWC.DE	QQQM	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	8.08%	—
Volatility (6M) Calculated over the trailing 6-month period	—	13.39%	—
Volatility (1Y) Calculated over the trailing 1-year period	24.29%	17.64%	+6.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.29%	22.14%	+2.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.29%	21.84%	+2.45%

LVWC.DE vs. QQQM - Expense Ratio Comparison

LVWC.DE has a 0.60% expense ratio, which is higher than QQQM's 0.15% expense ratio.

Dividends

LVWC.DE vs. QQQM - Dividend Comparison

LVWC.DE has not paid dividends to shareholders, while QQQM's dividend yield for the trailing twelve months is around 0.44%.

Position	TTM	2025	2024	2023	2022	2021	2020
LVWC.DE Amundi MSCI World 2x Leveraged UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
QQQM Invesco NASDAQ 100 ETF	0.44%	0.50%	0.61%	0.65%	0.83%	0.40%	0.16%

Frequently Asked Questions

Can I hold both LVWC.DE and QQQM in my portfolio?

LVWC.DE and QQQM have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, LVWC.DE or QQQM?

On fees, QQQM is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, LVWC.DE or QQQM?

QQQM is cheaper with a 0.15% expense ratio, compared with 0.60% for LVWC.DE.

What is the main difference between LVWC.DE and QQQM?

LVWC.DE is categorized as Leveraged Equities, while QQQM is Nasdaq-100. LVWC.DE tracks MSCI World Leveraged 2x Daily Net Index, while QQQM tracks NASDAQ-100 Index. They also come from different issuers: Amundi and Invesco. Their fees differ too: 0.60% for LVWC.DE and 0.15% for QQQM.