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N1ES.DE vs. QQQY.DE
Performance
Return for Risk
Drawdowns
Volatility
Dividends

N1ES.DE vs. QQQY.DE

Last updated Jun 5, 2026

N1ES.DE (Invesco Nasdaq-100 ESG UCITS ETF Acc) and QQQY.DE (IncomeShares Nasdaq 100 Options(0DTE)ETP EUR) are both Nasdaq-100 funds. N1ES.DE is passively managed, while QQQY.DE is actively managed. Over the past year, N1ES.DE returned 39.34% vs 29.21% for QQQY.DE. A 0.69 correlation means they provide meaningful diversification when combined. N1ES.DE charges 0.25%/yr vs 0.45%/yr for QQQY.DE.

Performance

N1ES.DE vs. QQQY.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Invesco Nasdaq-100 ESG UCITS ETF Acc (N1ES.DE) and IncomeShares Nasdaq 100 Options(0DTE)ETP EUR (QQQY.DE). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, N1ES.DE achieves a 21.31% return, which is significantly higher than QQQY.DE's 16.00% return.

N1ES.DE

1D
-0.74%
1M
8.84%
YTD
21.31%
6M
19.74%
1Y
39.34%
3Y*
25.46%
5Y*
—
10Y*
—

QQQY.DE

1D
-0.69%
1M
7.04%
YTD
16.00%
6M
15.01%
1Y
29.21%
3Y*
—
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

N1ES.DE vs. QQQY.DE - Yearly Performance Comparison

2026 (YTD)20252024
N1ES.DE
Invesco Nasdaq-100 ESG UCITS ETF Acc		21.31%8.26%4.38%
QQQY.DE
IncomeShares Nasdaq 100 Options(0DTE)ETP EUR		16.00%2.36%2.18%

Correlation

The correlation between N1ES.DE and QQQY.DE is 0.76, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.76

Correlation (All Time)
Calculated using the full available price history since Nov 18, 2024

0.69

The correlation between N1ES.DE and QQQY.DE has been stable across timeframes, ranging from 0.69 to 0.76 - a consistent structural relationship.

Compare stocks, funds, or ETFs

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

Invesco Nasdaq-100 ESG UCITS ETF Acc

IncomeShares Nasdaq 100 Options(0DTE)ETP EUR

Often compared with N1ES.DE:
N1ES.DE vs. QQQN1ES.DE vs. IBCK.DEN1ES.DE vs. IMAE.ASN1ES.DE vs. SJPA.LN1ES.DE vs. XNAS.DEN1ES.DE vs. BRK-BN1ES.DE vs. SXRV.DE
Often compared with QQQY.DE:
QQQY.DE vs. DSPY.DEQQQY.DE vs. QQQIQQQY.DE vs. OAMZ.DEQQQY.DE vs. TSLI.DEQQQY.DE vs. QQQQQQY.DE vs. METAQQQY.DE vs. QDTY

Return for Risk

N1ES.DE vs. QQQY.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
N1ES.DE
N1ES.DE Risk / Return Rank: 7171
Overall Rank
N1ES.DE Sharpe Ratio Rank: 7676
Sharpe Ratio Rank
N1ES.DE Sortino Ratio Rank: 7171
Sortino Ratio Rank
N1ES.DE Omega Ratio Rank: 7171
Omega Ratio Rank
N1ES.DE Calmar Ratio Rank: 7474
Calmar Ratio Rank
N1ES.DE Martin Ratio Rank: 6060
Martin Ratio Rank
QQQY.DE
QQQY.DE Risk / Return Rank: 3838
Overall Rank
QQQY.DE Sharpe Ratio Rank: 3333
Sharpe Ratio Rank
QQQY.DE Sortino Ratio Rank: 3535
Sortino Ratio Rank
QQQY.DE Omega Ratio Rank: 5959
Omega Ratio Rank
QQQY.DE Calmar Ratio Rank: 3737
Calmar Ratio Rank
QQQY.DE Martin Ratio Rank: 2424
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.

N1ES.DE vs. QQQY.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Nasdaq-100 ESG UCITS ETF Acc (N1ES.DE) and IncomeShares Nasdaq 100 Options(0DTE)ETP EUR (QQQY.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.

N1ES.DEQQQY.DEDifference
Sharpe ratioReturn per unit of total volatility
2.42
1.16

+1.25

Sortino ratioReturn per unit of downside risk
3.19
1.80

+1.39

Omega ratioGain probability vs. loss probability

1.42

1.35

+0.06

Calmar ratioReturn relative to maximum drawdown

3.69

1.81

+1.88

Martin ratioReturn relative to average drawdown

10.62

3.02

+7.60

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

N1ES.DE vs. QQQY.DE - Sharpe Ratio Comparison

The current N1ES.DE Sharpe Ratio is 2.42, which is higher than the QQQY.DE Sharpe Ratio of 1.16. The chart below compares the historical Sharpe Ratios of N1ES.DE and QQQY.DE, 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

N1ES.DEQQQY.DEDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.42

1.16

+1.25

Sharpe Ratio (All Time)

Calculated using the full available price history

0.81

0.48

+0.33

Drawdowns

N1ES.DE vs. QQQY.DE - Drawdown Comparison

The maximum N1ES.DE drawdown since its inception was -29.96%, which is greater than QQQY.DE's maximum drawdown of -25.57%. Use the drawdown chart below to compare losses from any high point for N1ES.DE and QQQY.DE.

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Drawdown Indicators

N1ES.DEQQQY.DEDifference

Max Drawdown

Largest peak-to-trough decline

-29.96%

-25.57%

-4.39%

Max Drawdown (1Y)

Largest decline over 1 year

-10.86%

-16.34%

+5.48%

Max Drawdown (3Y)

Largest decline over 3 years

-26.65%

—

—

Current Drawdown

Current decline from peak

-0.74%

-1.03%

+0.29%

Average Drawdown

Average peak-to-trough decline

-8.51%

-10.47%

+1.96%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.78%

9.83%

-6.05%

Volatility

N1ES.DE vs. QQQY.DE - Volatility Comparison

Invesco Nasdaq-100 ESG UCITS ETF Acc (N1ES.DE) has a higher volatility of 4.64% compared to IncomeShares Nasdaq 100 Options(0DTE)ETP EUR (QQQY.DE) at 3.94%. This indicates that N1ES.DE's price experiences larger fluctuations and is considered to be riskier than QQQY.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

N1ES.DEQQQY.DEDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.64%

3.94%

+0.70%

Volatility (6M)

Calculated over the trailing 6-month period

11.63%

9.18%

+2.45%

Volatility (1Y)

Calculated over the trailing 1-year period

16.59%

25.46%

-8.87%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

20.73%

27.58%

-6.85%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

20.73%

27.58%

-6.85%

N1ES.DE vs. QQQY.DE - Expense Ratio Comparison

N1ES.DE has a 0.25% expense ratio, which is lower than QQQY.DE's 0.45% expense ratio.

Dividends

N1ES.DE vs. QQQY.DE - Dividend Comparison

N1ES.DE has not paid dividends to shareholders, while QQQY.DE's dividend yield for the trailing twelve months is around 67.30%.

PositionTTM20252024
N1ES.DE
Invesco Nasdaq-100 ESG UCITS ETF Acc		0.00%0.00%0.00%
QQQY.DE
IncomeShares Nasdaq 100 Options(0DTE)ETP EUR		67.30%128.10%4.14%

Frequently Asked Questions

N1ES.DE and QQQY.DE have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, N1ES.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

N1ES.DE is cheaper with a 0.25% expense ratio, compared with 0.45% for QQQY.DE.

They also come from different issuers: Invesco and Leverage Shares. Their fees differ too: 0.25% for N1ES.DE and 0.45% for QQQY.DE.

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