NESP.L vs. EQSG.L
Compare and contrast key facts about Invesco Nasdaq-100 ESG UCITS ETF Acc (NESP.L) and Invesco Nasdaq-100 Swap UCITS ETF Acc (EQSG.L).
NESP.L and EQSG.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. NESP.L is a passively managed fund by Invesco that tracks the performance of the Russell 1000 Growth TR USD. It was launched on Oct 25, 2021. EQSG.L is a passively managed fund by Invesco that tracks the performance of the Russell 1000 Growth TR USD. It was launched on Mar 22, 2021. Both NESP.L and EQSG.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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NESP.L or EQSG.L.
Key characteristics
| NESP.L | EQSG.L | |
|---|---|---|
| YTD Return | 24.38% | 24.11% |
| 1Y Return | 30.69% | 30.97% |
| 3Y Return (Ann) | 12.22% | 11.48% |
| Sharpe Ratio | 0.61 | 0.56 |
| Sortino Ratio | 1.24 | 1.22 |
| Omega Ratio | 1.31 | 1.33 |
| Calmar Ratio | 1.28 | 1.25 |
| Martin Ratio | 2.04 | 1.94 |
| Ulcer Index | 14.78% | 15.70% |
| Daily Std Dev | 49.19% | 54.26% |
| Max Drawdown | -26.62% | -27.49% |
| Current Drawdown | -8.98% | -17.07% |
Correlation
The correlation between NESP.L and EQSG.L is 0.98, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
NESP.L vs. EQSG.L - Performance Comparison
The year-to-date returns for both stocks are quite close, with NESP.L having a 24.38% return and EQSG.L slightly lower at 24.11%. 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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NESP.L vs. EQSG.L - Expense Ratio Comparison
NESP.L has a 0.25% expense ratio, which is higher than EQSG.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%.
Risk-Adjusted Performance
NESP.L vs. EQSG.L - Risk-Adjusted Performance 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 Acc (EQSG.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.
Dividends
NESP.L vs. EQSG.L - Dividend Comparison
Neither NESP.L nor EQSG.L has paid dividends to shareholders.
Drawdowns
NESP.L vs. EQSG.L - Drawdown Comparison
The maximum NESP.L drawdown since its inception was -26.62%, roughly equal to the maximum EQSG.L drawdown of -27.49%. Use the drawdown chart below to compare losses from any high point for NESP.L and EQSG.L. For additional features, visit the drawdowns tool.
Volatility
NESP.L vs. EQSG.L - Volatility Comparison
Invesco Nasdaq-100 ESG UCITS ETF Acc (NESP.L) and Invesco Nasdaq-100 Swap UCITS ETF Acc (EQSG.L) have volatilities of 4.59% and 4.48%, 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.