NESP.L vs. EQQD.L
NESP.L (Invesco Nasdaq-100 ESG UCITS ETF Acc) and EQQD.L (Invesco Nasdaq-100 Swap UCITS ETF Dist) are both Nasdaq-100 funds from Invesco tracking the Russell 1000 Growth TR USD. Both are passively managed. Over the past 3 years, NESP.L returned 25.65%/yr vs 25.03%/yr for EQQD.L. Their correlation of 0.94 suggests significant overlap in exposure. NESP.L charges 0.25%/yr vs 0.20%/yr for EQQD.L.
Performance
NESP.L vs. EQQD.L - Performance Comparison
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Different Trading Currencies
NESP.L is traded in GBp, while EQQD.L is traded in USD. To make them comparable, the EQQD.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
The year-to-date returns for both stocks are quite close, with NESP.L having a 20.57% return and EQQD.L slightly lower at 20.25%.
NESP.L
- 1D
- -0.61%
- 1M
- 10.79%
- YTD
- 20.57%
- 6M
- 19.40%
- 1Y
- 44.13%
- 3Y*
- 25.65%
- 5Y*
- —
- 10Y*
- —
EQQD.L
- 1D
- -0.73%
- 1M
- 9.59%
- YTD
- 20.25%
- 6M
- 18.39%
- 1Y
- 41.88%
- 3Y*
- 25.03%
- 5Y*
- —
- 10Y*
- —
NESP.L vs. EQQD.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
NESP.L Invesco Nasdaq-100 ESG UCITS ETF Acc | 20.57% | 12.78% | 28.66% | 48.13% | -25.12% | 8.81% |
EQQD.L Invesco Nasdaq-100 Swap UCITS ETF Dist | 20.25% | 11.36% | 28.96% | 48.78% | -25.39% | 6.46% |
Correlation
The correlation between NESP.L and EQQD.L is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.94 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.94 |
Correlation (All Time) Calculated using the full available price history since Oct 28, 2021 | 0.94 |
The correlation between NESP.L and EQQD.L has been stable across timeframes, ranging from 0.94 to 0.94 - a consistent structural relationship.
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Return for Risk
NESP.L vs. EQQD.L — Risk / Return Rank
NESP.L
EQQD.L
NESP.L vs. EQQD.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Nasdaq-100 ESG UCITS ETF Acc (NESP.L) and Invesco Nasdaq-100 Swap UCITS ETF Dist (EQQD.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.
| NESP.L | EQQD.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.20 | ||
| Sortino ratioReturn per unit of downside risk | +0.17 | ||
| Omega ratioGain probability vs. loss probability | 1.49 | 1.47 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 3.67 | 3.76 | -0.08 |
| Martin ratioReturn relative to average drawdown | 10.38 | 10.68 | -0.30 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| NESP.L | EQQD.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.86 | 2.66 | +0.20 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.60 | 0.90 | -0.30 |
Drawdowns
NESP.L vs. EQQD.L - Drawdown Comparison
The maximum NESP.L drawdown since its inception was -26.62%, roughly equal to the maximum EQQD.L drawdown of -27.45%. Use the drawdown chart below to compare losses from any high point for NESP.L and EQQD.L.
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Drawdown Indicators
| NESP.L | EQQD.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.62% | -27.45% | +0.83% |
Max Drawdown (1Y)Largest decline over 1 year | -11.96% | -11.10% | -0.86% |
Max Drawdown (3Y)Largest decline over 3 years | -26.10% | -24.40% | -1.70% |
Current DrawdownCurrent decline from peak | -0.61% | -0.73% | +0.12% |
Average DrawdownAverage peak-to-trough decline | -10.26% | -7.33% | -2.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.24% | 3.91% | +0.33% |
Volatility
NESP.L vs. EQQD.L - Volatility Comparison
The current volatility for Invesco Nasdaq-100 ESG UCITS ETF Acc (NESP.L) is 4.41%, while Invesco Nasdaq-100 Swap UCITS ETF Dist (EQQD.L) has a volatility of 5.00%. This indicates that NESP.L experiences smaller price fluctuations and is considered to be less risky than EQQD.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NESP.L | EQQD.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.41% | 5.00% | -0.59% |
Volatility (6M)Calculated over the trailing 6-month period | 10.95% | 11.43% | -0.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.35% | 15.66% | -0.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.41% | 20.06% | +9.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.41% | 20.06% | +9.35% |
NESP.L vs. EQQD.L - Expense Ratio Comparison
NESP.L has a 0.25% expense ratio, which is higher than EQQD.L'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%.
Dividends
NESP.L vs. EQQD.L - Dividend Comparison
NESP.L has not paid dividends to shareholders, while EQQD.L's dividend yield for the trailing twelve months is around 0.54%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
EQQD.L Invesco Nasdaq-100 Swap UCITS ETF Dist | 0.54% | 0.64% | 0.75% | 0.75% | 0.95% | 0.31% |
NESP.L Invesco Nasdaq-100 ESG UCITS ETF Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.94, NESP.L and EQQD.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.
On fees, EQQD.L is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EQQD.L is cheaper with a 0.20% expense ratio, compared with 0.25% for NESP.L.
Both ETFs track Russell 1000 Growth TR USD. Their fees differ too: 0.25% for NESP.L and 0.20% for EQQD.L.
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