PJEU.DE vs. EQQB.DE
PJEU.DE (Invesco Euro Cash 3 Months UCITS ETF Acc) and EQQB.DE (Invesco EQQQ Nasdaq-100 UCITS ETF Acc) are both exchange-traded funds - PJEU.DE is a Money Market fund tracking the FTSE Eurozone Government Bill 0-6 Month Capped Index, while EQQB.DE is a Nasdaq-100 fund tracking the Nasdaq 100®. Both are passively managed. Over the past 3 years, PJEU.DE returned 2.87%/yr vs 23.18%/yr for EQQB.DE. At a 0.03 correlation, their price movements are largely independent. PJEU.DE charges 0.09%/yr vs 0.30%/yr for EQQB.DE.
Performance
PJEU.DE vs. EQQB.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PJEU.DE achieves a 0.88% return, which is significantly lower than EQQB.DE's 19.04% return.
PJEU.DE
- 1D
- -0.01%
- 1M
- 0.14%
- 6M
- 0.79%
- YTD
- 0.88%
- 1Y
- 1.99%
- 3Y*
- 2.87%
- 5Y*
- 1.77%
- 10Y*
- 0.56%
EQQB.DE
- 1D
- 0.00%
- 1M
- -2.05%
- 6M
- 20.36%
- YTD
- 19.04%
- 1Y
- 33.03%
- 3Y*
- 23.18%
- 5Y*
- —
- 10Y*
- —
PJEU.DE vs. EQQB.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
PJEU.DE Invesco Euro Cash 3 Months UCITS ETF Acc | 0.88% | 2.33% | 3.61% | 2.91% | -0.33% |
EQQB.DE Invesco EQQQ Nasdaq-100 UCITS ETF Acc | 19.04% | 6.93% | 33.67% | 51.27% | -18.68% |
Correlation
The correlation between PJEU.DE and EQQB.DE is 0.05, 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 | 0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.02 |
Correlation (All Time) Calculated using the full available price history since Feb 18, 2022 | 0.03 |
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
PJEU.DE vs. EQQB.DE — Risk / Return Rank
PJEU.DE
EQQB.DE
PJEU.DE vs. EQQB.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Euro Cash 3 Months UCITS ETF Acc (PJEU.DE) and Invesco EQQQ Nasdaq-100 UCITS ETF Acc (EQQB.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.
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.
| PJEU.DE | EQQB.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.89 | ||
| Sortino ratioReturn per unit of downside risk | -1.12 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.34 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 3.70 | 3.29 | +0.41 |
| Martin ratioReturn relative to average drawdown | 10.42 | 9.58 | +0.83 |
Loading charts...
Drawdowns
PJEU.DE vs. EQQB.DE - Drawdown Comparison
The maximum PJEU.DE drawdown since its inception was -4.67%, smaller than the maximum EQQB.DE drawdown of -26.59%. Use the drawdown chart below to compare losses from any high point for PJEU.DE and EQQB.DE.
Loading charts...
Drawdown Indicators
| PJEU.DE | EQQB.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -4.67% | -26.59% | +21.92% |
Max Drawdown (1Y)Largest decline over 1 year | -0.54% | -10.08% | +9.54% |
Max Drawdown (3Y)Largest decline over 3 years | -0.54% | -26.59% | +26.05% |
Max Drawdown (5Y)Largest decline over 5 years | -1.04% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -4.17% | — | — |
Current DrawdownCurrent decline from peak | -0.08% | -2.54% | +2.46% |
Average DrawdownAverage peak-to-trough decline | -1.21% | -6.69% | +5.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.19% | 3.46% | -3.27% |
Volatility
PJEU.DE vs. EQQB.DE - Volatility Comparison
The current volatility for Invesco Euro Cash 3 Months UCITS ETF Acc (PJEU.DE) is 0.24%, while Invesco EQQQ Nasdaq-100 UCITS ETF Acc (EQQB.DE) has a volatility of 6.63%. This indicates that PJEU.DE experiences smaller price fluctuations and is considered to be less risky than EQQB.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PJEU.DE | EQQB.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.24% | 6.63% | -6.39% |
Volatility (6M)Calculated over the trailing 6-month period | 1.43% | 12.40% | -10.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.86% | 16.99% | -15.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 0.88% | 20.06% | -19.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 0.67% | 20.06% | -19.39% |
PJEU.DE vs. EQQB.DE - Expense Ratio Comparison
PJEU.DE has a 0.09% expense ratio, which is lower than EQQB.DE's 0.30% expense ratio.
Dividends
PJEU.DE vs. EQQB.DE - Dividend Comparison
Neither PJEU.DE nor EQQB.DE has paid dividends to shareholders.
Frequently Asked Questions
PJEU.DE and EQQB.DE have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, PJEU.DE is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PJEU.DE is cheaper with a 0.09% expense ratio, compared with 0.30% for EQQB.DE.
PJEU.DE is categorized as Money Market, while EQQB.DE is Nasdaq-100. PJEU.DE tracks FTSE Eurozone Government Bill 0-6 Month Capped Index, while EQQB.DE tracks Nasdaq 100®. Their fees differ too: 0.09% for PJEU.DE and 0.30% for EQQB.DE.
Find the right allocation for PJEU.DE and EQQB.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