OEWA.DE vs. IQQQ.DE
OEWA.DE (VERBUND AG) is a stock, while IQQQ.DE (iShares Global Water UCITS ETF) is Water Equities fund tracking the S&P Global Water. Over the past 10 years, OEWA.DE returned 19.89%/yr vs 9.10%/yr for IQQQ.DE. At a 0.28 correlation, their price movements are largely independent.
Performance
OEWA.DE vs. IQQQ.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, OEWA.DE achieves a -0.18% return, which is significantly higher than IQQQ.DE's -0.71% return. Over the past 10 years, OEWA.DE has outperformed IQQQ.DE with an annualized return of 19.89%, while IQQQ.DE has yielded a comparatively lower 9.10% annualized return.
OEWA.DE
- 1D
- 0.51%
- 1M
- -4.47%
- YTD
- -0.18%
- 6M
- -3.23%
- 1Y
- -7.15%
- 3Y*
- -0.63%
- 5Y*
- -0.61%
- 10Y*
- 19.89%
IQQQ.DE
- 1D
- -0.44%
- 1M
- -3.72%
- YTD
- -0.71%
- 6M
- -1.42%
- 1Y
- 1.94%
- 3Y*
- 6.09%
- 5Y*
- 5.32%
- 10Y*
- 9.10%
OEWA.DE vs. IQQQ.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
OEWA.DE VERBUND AG | -0.18% | -8.74% | -10.94% | 11.70% | -20.38% | 44.91% | 57.09% | 23.07% | 88.43% | 33.95% |
IQQQ.DE iShares Global Water UCITS ETF | -0.71% | 5.27% | 10.22% | 9.85% | -16.58% | 42.81% | 4.77% | 38.59% | -6.82% | 11.64% |
Correlation
The correlation between OEWA.DE and IQQQ.DE is 0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.03 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.19 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since Sep 28, 2007 | 0.28 |
Over the past year, the correlation between OEWA.DE and IQQQ.DE has dropped to 0.03 - well below their long-term average of 0.28, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
OEWA.DE vs. IQQQ.DE — Risk / Return Rank
OEWA.DE
IQQQ.DE
OEWA.DE vs. IQQQ.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VERBUND AG (OEWA.DE) and iShares Global Water UCITS ETF (IQQQ.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.
| OEWA.DE | IQQQ.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.52 | ||
| Sortino ratioReturn per unit of downside risk | -0.66 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 1.03 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | -0.54 | 0.19 | -0.74 |
| Martin ratioReturn relative to average drawdown | -1.11 | 0.49 | -1.61 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| OEWA.DE | IQQQ.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.37 | 0.15 | -0.52 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.02 | 0.36 | -0.38 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.62 | 0.60 | +0.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.39 | 0.50 | -0.10 |
Drawdowns
OEWA.DE vs. IQQQ.DE - Drawdown Comparison
The maximum OEWA.DE drawdown since its inception was -78.68%, which is greater than IQQQ.DE's maximum drawdown of -48.04%. Use the drawdown chart below to compare losses from any high point for OEWA.DE and IQQQ.DE.
Loading charts...
Drawdown Indicators
| OEWA.DE | IQQQ.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -78.68% | -48.04% | -30.64% |
Max Drawdown (1Y)Largest decline over 1 year | -15.92% | -8.94% | -6.98% |
Max Drawdown (3Y)Largest decline over 3 years | -30.01% | -17.50% | -12.51% |
Max Drawdown (5Y)Largest decline over 5 years | -42.57% | -24.39% | -18.18% |
Max Drawdown (10Y)Largest decline over 10 years | -45.41% | -34.50% | -10.91% |
Current DrawdownCurrent decline from peak | -37.30% | -7.97% | -29.33% |
Average DrawdownAverage peak-to-trough decline | -37.78% | -7.76% | -30.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.79% | 3.51% | +4.28% |
Volatility
OEWA.DE vs. IQQQ.DE - Volatility Comparison
VERBUND AG (OEWA.DE) has a higher volatility of 8.16% compared to iShares Global Water UCITS ETF (IQQQ.DE) at 3.43%. This indicates that OEWA.DE's price experiences larger fluctuations and is considered to be riskier than IQQQ.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| OEWA.DE | IQQQ.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.16% | 3.43% | +4.73% |
Volatility (6M)Calculated over the trailing 6-month period | 18.81% | 8.83% | +9.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.65% | 11.67% | +11.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.78% | 14.47% | +17.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.13% | 15.19% | +16.94% |
Dividends
OEWA.DE vs. IQQQ.DE - Dividend Comparison
OEWA.DE's dividend yield for the trailing twelve months is around 5.36%, more than IQQQ.DE's 1.65% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IQQQ.DE iShares Global Water UCITS ETF | 1.65% | 1.56% | 1.12% | 1.31% | 1.17% | 1.88% | 1.16% | 1.55% | 2.08% | 1.76% | 1.85% | 1.79% |
OEWA.DE VERBUND AG | 5.36% | 4.52% | 5.87% | 4.28% | 1.33% | 0.75% | 0.99% | 0.93% | 1.13% | 1.45% | 2.30% | 2.41% |
Frequently Asked Questions
OEWA.DE and IQQQ.DE have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for OEWA.DE and IQQQ.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer