S7XE.DE vs. EQQQ.DE

Last updated Jun 5, 2026

S7XE.DE (Invesco EURO STOXX Optimised Banks UCITS ETF) and EQQQ.DE (Invesco EQQQ NASDAQ-100 UCITS ETF) are both exchange-traded funds - S7XE.DE is a Financials Equities fund tracking the EURO STOXX® Optimised Banks, while EQQQ.DE is a Nasdaq-100 fund tracking the NASDAQ-100 Index. Both are passively managed. Over the past 10 years, S7XE.DE returned 14.41%/yr vs 21.28%/yr for EQQQ.DE. At a 0.35 correlation, their price movements are largely independent. Both charge a 0.30% expense ratio.

Performance

S7XE.DE vs. EQQQ.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Invesco EURO STOXX Optimised Banks UCITS ETF (S7XE.DE) and Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, S7XE.DE achieves a 4.99% return, which is significantly lower than EQQQ.DE's 20.52% return. Over the past 10 years, S7XE.DE has underperformed EQQQ.DE with an annualized return of 14.41%, while EQQQ.DE has yielded a comparatively higher 21.28% annualized return.

S7XE.DE

• 1D: 1.09%
• 1M: 2.40%
• YTD: 4.99%
• 6M: 12.49%
• 1Y: 36.30%
• 3Y*: 44.23%
• 5Y*: 28.00%
• 10Y*: 14.41%

EQQQ.DE

• 1D: -0.85%
• 1M: 7.99%
• YTD: 20.52%
• 6M: 18.72%
• 1Y: 37.03%
• 3Y*: 24.54%
• 5Y*: 18.69%
• 10Y*: 21.28%

*Multi-year figures are annualized to reflect compound growth (CAGR)

S7XE.DE vs. EQQQ.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
S7XE.DE Invesco EURO STOXX Optimised Banks UCITS ETF	4.99%	86.82%	30.66%	28.83%	0.46%	39.15%	-23.11%	18.12%	-32.15%	14.80%
EQQQ.DE Invesco EQQQ NASDAQ-100 UCITS ETF	20.52%	6.94%	33.67%	51.32%	-30.10%	39.43%	34.58%	42.87%	3.12%	15.81%

Correlation

The correlation between S7XE.DE and EQQQ.DE is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.41
Correlation (3Y) Calculated over the trailing 3-year period	0.26
Correlation (5Y) Calculated over the trailing 5-year period	0.32
Correlation (10Y) Calculated over the trailing 10-year period	0.31
Correlation (All Time) Calculated using the full available price history since Apr 18, 2011	0.35

The correlation between S7XE.DE and EQQQ.DE shifts across timeframes, from 0.26 (3 years) to 0.41 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

S7XE.DE vs. EQQQ.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

S7XE.DE

S7XE.DE Risk / Return Rank: 44
S7XE.DE Sharpe Ratio Rank: 46
S7XE.DE Sortino Ratio Rank: 46
S7XE.DE Omega Ratio Rank: 42
S7XE.DE Calmar Ratio Rank: 45
S7XE.DE Martin Ratio Rank: 43

EQQQ.DE

EQQQ.DE Risk / Return Rank: 71
EQQQ.DE Sharpe Ratio Rank: 75
EQQQ.DE Sortino Ratio Rank: 71
EQQQ.DE Omega Ratio Rank: 72
EQQQ.DE Calmar Ratio Rank: 76
EQQQ.DE Martin Ratio Rank: 62

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

S7XE.DE vs. EQQQ.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco EURO STOXX Optimised Banks UCITS ETF (S7XE.DE) and Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.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.

	S7XE.DE	EQQQ.DE	Difference
Sharpe ratio: Return per unit of total volatility	1.59	2.40	-0.81
Sortino ratio: Return per unit of downside risk	2.25	3.19	-0.94
Omega ratio: Gain probability vs. loss probability	1.27	1.42	-0.16
Calmar ratio: Return relative to maximum drawdown	2.20	3.74	-1.54
Martin ratio: Return relative to average drawdown	6.92	11.10	-4.18
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

S7XE.DE vs. EQQQ.DE - Sharpe Ratio Comparison

The current S7XE.DE Sharpe Ratio is 1.59, which is lower than the EQQQ.DE Sharpe Ratio of 2.40. The chart below compares the historical Sharpe Ratios of S7XE.DE and EQQQ.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	S7XE.DE	EQQQ.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.59	2.40	-0.81
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.08	0.93	+0.15
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.50	1.08	-0.58
Sharpe Ratio (All Time) Calculated using the full available price history	0.24	0.80	-0.57

Drawdowns

S7XE.DE vs. EQQQ.DE - Drawdown Comparison

The maximum S7XE.DE drawdown since its inception was -65.33%, which is greater than EQQQ.DE's maximum drawdown of -47.04%. Use the drawdown chart below to compare losses from any high point for S7XE.DE and EQQQ.DE.

Drawdown Indicators

	S7XE.DE	EQQQ.DE	Difference
Max Drawdown Largest peak-to-trough decline	-65.33%	-47.04%	-18.29%
Max Drawdown (1Y) Largest decline over 1 year	-17.42%	-10.05%	-7.37%
Max Drawdown (3Y) Largest decline over 3 years	-19.82%	-26.70%	+6.88%
Max Drawdown (5Y) Largest decline over 5 years	-35.42%	-31.30%	-4.12%
Max Drawdown (10Y) Largest decline over 10 years	-63.10%	-31.30%	-31.80%
Current Drawdown Current decline from peak	-2.02%	-0.85%	-1.17%
Average Drawdown Average peak-to-trough decline	-23.01%	-7.35%	-15.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.54%	3.39%	+2.15%

Volatility

S7XE.DE vs. EQQQ.DE - Volatility Comparison

Invesco EURO STOXX Optimised Banks UCITS ETF (S7XE.DE) has a higher volatility of 6.10% compared to Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.DE) at 4.26%. This indicates that S7XE.DE's price experiences larger fluctuations and is considered to be riskier than EQQQ.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	S7XE.DE	EQQQ.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.10%	4.26%	+1.84%
Volatility (6M) Calculated over the trailing 6-month period	19.27%	10.90%	+8.37%
Volatility (1Y) Calculated over the trailing 1-year period	24.08%	15.64%	+8.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.60%	19.84%	+5.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.66%	19.65%	+9.01%

S7XE.DE vs. EQQQ.DE - Expense Ratio Comparison

Both S7XE.DE and EQQQ.DE have an expense ratio of 0.30%.

Dividends

S7XE.DE vs. EQQQ.DE - Dividend Comparison

S7XE.DE has not paid dividends to shareholders, while EQQQ.DE's dividend yield for the trailing twelve months is around 0.23%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EQQQ.DE Invesco EQQQ NASDAQ-100 UCITS ETF	0.23%	0.29%	0.37%	0.39%	0.57%	0.25%	0.41%	0.54%	0.64%	0.68%	0.78%	0.73%
S7XE.DE Invesco EURO STOXX Optimised Banks UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both S7XE.DE and EQQQ.DE in my portfolio?

S7XE.DE and EQQQ.DE have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, S7XE.DE or EQQQ.DE?

Both ETFs have the same 0.30% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, S7XE.DE or EQQQ.DE?

S7XE.DE and EQQQ.DE have the same expense ratio: 0.30% per year.

What is the main difference between S7XE.DE and EQQQ.DE?

S7XE.DE is categorized as Financials Equities, while EQQQ.DE is Nasdaq-100. S7XE.DE tracks EURO STOXX® Optimised Banks, while EQQQ.DE tracks NASDAQ-100 Index.