N1ES.DE vs. QQQ
Compare and contrast key facts about Invesco Nasdaq-100 ESG UCITS ETF Acc (N1ES.DE) and Invesco QQQ (QQQ).
N1ES.DE and QQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. N1ES.DE is a passively managed fund by Invesco that tracks the performance of the Nasdaq 100® ESG. It was launched on Oct 25, 2021. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999. Both N1ES.DE and QQQ are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: N1ES.DE or QQQ.
Key characteristics
| N1ES.DE | QQQ | |
|---|---|---|
| YTD Return | 31.27% | 25.63% |
| 1Y Return | 37.66% | 33.85% |
| 3Y Return (Ann) | 13.31% | 9.83% |
| Sharpe Ratio | 2.20 | 2.12 |
| Sortino Ratio | 2.89 | 2.79 |
| Omega Ratio | 1.40 | 1.38 |
| Calmar Ratio | 2.70 | 2.71 |
| Martin Ratio | 8.77 | 9.88 |
| Ulcer Index | 4.32% | 3.72% |
| Daily Std Dev | 17.16% | 17.31% |
| Max Drawdown | -33.10% | -82.98% |
| Current Drawdown | 0.00% | -0.37% |
Correlation
The correlation between N1ES.DE and QQQ is 0.67, 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.
Performance
N1ES.DE vs. QQQ - Performance Comparison
In the year-to-date period, N1ES.DE achieves a 31.27% return, which is significantly higher than QQQ's 25.63% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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N1ES.DE vs. QQQ - Expense Ratio Comparison
N1ES.DE has a 0.25% expense ratio, which is higher than QQQ's 0.20% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
N1ES.DE vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Nasdaq-100 ESG UCITS ETF Acc (N1ES.DE) and Invesco QQQ (QQQ). 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.
Dividends
N1ES.DE vs. QQQ - Dividend Comparison
N1ES.DE has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.59%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
N1ES.DE Invesco Nasdaq-100 ESG 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% |
QQQ Invesco QQQ | 0.59% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.02% |
Drawdowns
N1ES.DE vs. QQQ - Drawdown Comparison
The maximum N1ES.DE drawdown since its inception was -33.10%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for N1ES.DE and QQQ. For additional features, visit the drawdowns tool.
Volatility
N1ES.DE vs. QQQ - Volatility Comparison
The current volatility for Invesco Nasdaq-100 ESG UCITS ETF Acc (N1ES.DE) is 4.63%, while Invesco QQQ (QQQ) has a volatility of 4.91%. This indicates that N1ES.DE experiences smaller price fluctuations and is considered to be less risky than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.