NESG.L vs. NESP.L
NESG.L (Invesco NASDAQ-100 ESG UCITS ETF Acc) and NESP.L (Invesco Nasdaq-100 ESG UCITS ETF Acc) are both Nasdaq-100 funds from Invesco - NESG.L tracks the NASDAQ-100 ESG Index® while NESP.L tracks the Russell 1000 Growth TR USD. Both are passively managed. Over the past 3 years, NESG.L returned 23.66%/yr vs 24.66%/yr for NESP.L. With a 0.95 correlation, they move nearly in lockstep. Both charge a 0.25% expense ratio.
Performance
NESG.L vs. NESP.L - Performance Comparison
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Different Trading Currencies
NESG.L is traded in USD, while NESP.L is traded in GBp. To make them comparable, the NESP.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, NESG.L achieves a 13.50% return, which is significantly lower than NESP.L's 15.95% return.
NESG.L
- 1D
- -2.25%
- 1M
- -4.74%
- 6M
- 13.00%
- YTD
- 13.50%
- 1Y
- 25.73%
- 3Y*
- 23.66%
- 5Y*
- —
- 10Y*
- —
NESP.L
- 1D
- 0.00%
- 1M
- -1.87%
- 6M
- 15.51%
- YTD
- 15.95%
- 1Y
- 28.51%
- 3Y*
- 24.66%
- 5Y*
- —
- 10Y*
- —
NESG.L vs. NESP.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
NESG.L Invesco NASDAQ-100 ESG UCITS ETF Acc | 13.50% | 21.09% | 26.52% | 56.70% | -32.53% | 7.21% |
NESP.L Invesco Nasdaq-100 ESG UCITS ETF Acc | 15.95% | 21.29% | 26.52% | 55.94% | -32.55% | -21.84% |
Correlation
The correlation between NESG.L and NESP.L is 0.96 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.96 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.95 |
Correlation (All Time) Calculated using the full available price history since Oct 25, 2021 | 0.95 |
The correlation between NESG.L and NESP.L has been stable across timeframes, ranging from 0.95 to 0.96 - a consistent structural relationship.
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Return for Risk
NESG.L vs. NESP.L — Risk / Return Rank
NESG.L
NESP.L
NESG.L vs. NESP.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco NASDAQ-100 ESG UCITS ETF Acc (NESG.L) and Invesco Nasdaq-100 ESG UCITS ETF Acc (NESP.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.
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.
| NESG.L | NESP.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.19 | ||
| Sortino ratioReturn per unit of downside risk | -0.22 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.28 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 2.13 | 2.35 | -0.22 |
| Martin ratioReturn relative to average drawdown | 7.01 | 7.90 | -0.89 |
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Drawdowns
NESG.L vs. NESP.L - Drawdown Comparison
The maximum NESG.L drawdown since its inception was -34.87%, smaller than the maximum NESP.L drawdown of -49.60%. Use the drawdown chart below to compare losses from any high point for NESG.L and NESP.L.
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Drawdown Indicators
| NESG.L | NESP.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.87% | -49.60% | +14.73% |
Max Drawdown (1Y)Largest decline over 1 year | -12.01% | -12.18% | +0.17% |
Max Drawdown (3Y)Largest decline over 3 years | -21.88% | -23.01% | +1.13% |
Current DrawdownCurrent decline from peak | -6.44% | -4.32% | -2.12% |
Average DrawdownAverage peak-to-trough decline | -9.35% | -18.74% | +9.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.66% | 3.62% | +0.04% |
Volatility
NESG.L vs. NESP.L - Volatility Comparison
Invesco NASDAQ-100 ESG UCITS ETF Acc (NESG.L) and Invesco Nasdaq-100 ESG UCITS ETF Acc (NESP.L) have volatilities of 6.93% and 6.75%, 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
| NESG.L | NESP.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.93% | 6.75% | +0.18% |
Volatility (6M)Calculated over the trailing 6-month period | 14.73% | 14.16% | +0.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.32% | 18.07% | +0.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.72% | 24.76% | -3.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.72% | 24.76% | -3.04% |
NESG.L vs. NESP.L - Expense Ratio Comparison
Both NESG.L and NESP.L have an expense ratio of 0.25%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
NESG.L vs. NESP.L - Dividend Comparison
Neither NESG.L nor NESP.L has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.96, NESG.L and NESP.L move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
Both ETFs have the same 0.25% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
NESG.L and NESP.L have the same expense ratio: 0.25% per year.
NESG.L tracks NASDAQ-100 ESG Index®, while NESP.L tracks Russell 1000 Growth TR USD.
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