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

MWEP.L vs. EQQQ.L

Last updated Apr 2, 2026

Compare and contrast key facts about Invesco MSCI World Equal Weight UCITS ETF Acc (MWEP.L) and Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.L).

MWEP.L and EQQQ.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MWEP.L is a passively managed fund by Invesco that tracks the performance of the MSCI World Equal Weighted Index. It was launched on Sep 4, 2024. EQQQ.L is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Dec 2, 2002. Both MWEP.L and EQQQ.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

MWEP.L vs. EQQQ.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Invesco MSCI World Equal Weight UCITS ETF Acc (MWEP.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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MWEP.L vs. EQQQ.L - Yearly Performance Comparison

2026 (YTD)20252024
MWEP.L
Invesco MSCI World Equal Weight UCITS ETF Acc		2.19%13.60%4.59%
EQQQ.L
Invesco EQQQ NASDAQ-100 UCITS ETF		-4.21%11.54%19.85%

Returns By Period

In the year-to-date period, MWEP.L achieves a 2.19% return, which is significantly higher than EQQQ.L's -4.21% return.

MWEP.L

1D
1.80%
1M
-3.68%
YTD
2.19%
6M
5.24%
1Y
15.85%
3Y*
—
5Y*
—
10Y*
—

EQQQ.L

1D
2.30%
1M
-2.65%
YTD
-4.21%
6M
-1.19%
1Y
20.70%
3Y*
20.06%
5Y*
13.89%
10Y*
19.58%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

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

Invesco MSCI World Equal Weight UCITS ETF Acc

Invesco EQQQ NASDAQ-100 UCITS ETF

Often compared with MWEP.L:
MWEP.L vs. WMVG.LMWEP.L vs. ACWI.LMWEP.L vs. FCSG.LMWEP.L vs. PACW.LMWEP.L vs. PRWU.LMWEP.L vs. EQQU.LMWEP.L vs. FTWG.L
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

MWEP.L vs. EQQQ.L - Expense Ratio Comparison

MWEP.L has a 0.20% expense ratio, which is lower than EQQQ.L's 0.30% expense ratio.

EQQQ.L
Invesco EQQQ NASDAQ-100 UCITS ETF
MWEP.L
Invesco MSCI World Equal Weight UCITS ETF Acc

Return for Risk

MWEP.L vs. EQQQ.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
MWEP.L
MWEP.L Risk / Return Rank: 6565
Overall Rank
MWEP.L Sharpe Ratio Rank: 6464
Sharpe Ratio Rank
MWEP.L Sortino Ratio Rank: 6161
Sortino Ratio Rank
MWEP.L Omega Ratio Rank: 6161
Omega Ratio Rank
MWEP.L Calmar Ratio Rank: 7070
Calmar Ratio Rank
MWEP.L Martin Ratio Rank: 7070
Martin Ratio Rank
EQQQ.L
EQQQ.L Risk / Return Rank: 6060
Overall Rank
EQQQ.L Sharpe Ratio Rank: 6060
Sharpe Ratio Rank
EQQQ.L Sortino Ratio Rank: 6161
Sortino Ratio Rank
EQQQ.L Omega Ratio Rank: 5757
Omega Ratio Rank
EQQQ.L Calmar Ratio Rank: 7070
Calmar Ratio Rank
EQQQ.L Martin Ratio Rank: 5555
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.

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

This table presents a comparison of risk-adjusted performance metrics for Invesco MSCI World Equal Weight UCITS ETF Acc (MWEP.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.

MWEP.LEQQQ.LDifference

Sharpe ratio

Return per unit of total volatility

1.20

1.09

+0.11

Sortino ratio

Return per unit of downside risk

1.67

1.62

+0.05

Omega ratio

Gain probability vs. loss probability

1.24

1.22

+0.02

Calmar ratio

Return relative to maximum drawdown

2.11

1.87

+0.24

Martin ratio

Return relative to average drawdown

8.31

5.60

+2.71

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

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

The current MWEP.L Sharpe Ratio is 1.20, which is comparable to the EQQQ.L Sharpe Ratio of 1.09. The chart below compares the historical Sharpe Ratios of MWEP.L and EQQQ.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Sharpe Ratios by Period

MWEP.LEQQQ.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.20

1.09

+0.11

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

—

0.72

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

1.01

—

Sharpe Ratio (All Time)

Calculated using the full available price history

1.06

0.86

+0.20

Correlation

The correlation between MWEP.L and EQQQ.L is 0.59, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

MWEP.L vs. EQQQ.L - Dividend Comparison

MWEP.L has not paid dividends to shareholders, while EQQQ.L's dividend yield for the trailing twelve months is around 0.29%.

TTM20252024202320222021202020192018201720162015
MWEP.L
Invesco MSCI World Equal Weight UCITS ETF Acc		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
EQQQ.L
Invesco EQQQ NASDAQ-100 UCITS ETF		0.29%0.29%0.38%0.39%0.56%0.25%0.41%0.56%0.63%0.67%0.77%0.72%

Drawdowns

MWEP.L vs. EQQQ.L - Drawdown Comparison

The maximum MWEP.L drawdown since its inception was -14.02%, smaller than the maximum EQQQ.L drawdown of -33.75%. Use the drawdown chart below to compare losses from any high point for MWEP.L and EQQQ.L.

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Drawdown Indicators

MWEP.LEQQQ.LDifference

Max Drawdown

Largest peak-to-trough decline

-14.02%

-33.75%

+19.73%

Max Drawdown (1Y)

Largest decline over 1 year

-9.16%

-10.97%

+1.81%

Max Drawdown (5Y)

Largest decline over 5 years

—

-27.76%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-27.76%

—

Current Drawdown

Current decline from peak

-4.32%

-8.20%

+3.88%

Average Drawdown

Average peak-to-trough decline

-1.91%

-5.64%

+3.73%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.95%

3.65%

-1.70%

Volatility

MWEP.L vs. EQQQ.L - Volatility Comparison

Invesco MSCI World Equal Weight UCITS ETF Acc (MWEP.L) and Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.L) have volatilities of 4.88% and 4.86%, 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

MWEP.LEQQQ.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.88%

4.86%

+0.02%

Volatility (6M)

Calculated over the trailing 6-month period

8.60%

11.45%

-2.85%

Volatility (1Y)

Calculated over the trailing 1-year period

13.15%

18.93%

-5.78%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

12.39%

19.26%

-6.87%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

12.39%

19.37%

-6.98%