SKYE.DE vs. EQEU.DE
Compare and contrast key facts about First Trust Cloud Computing UCITS ETF Acc (SKYE.DE) and Invesco EQQQ NASDAQ-100 UCITS ETF EUR Hedged (EQEU.DE).
SKYE.DE and EQEU.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SKYE.DE is a passively managed fund by First Trust that tracks the performance of the ISE Cloud Computing. It was launched on Dec 27, 2018. EQEU.DE is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Notional Net Total Return Index. It was launched on Dec 2, 2002. Both SKYE.DE and EQEU.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
SKYE.DE vs. EQEU.DE - Performance Comparison
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SKYE.DE vs. EQEU.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
SKYE.DE First Trust Cloud Computing UCITS ETF Acc | -13.77% | -3.03% | 43.91% | 50.20% | -42.23% | 19.10% | 13.26% |
EQEU.DE Invesco EQQQ NASDAQ-100 UCITS ETF EUR Hedged | -6.62% | 18.24% | 24.15% | 51.95% | -36.56% | 27.85% | 12.04% |
Returns By Period
In the year-to-date period, SKYE.DE achieves a -13.77% return, which is significantly lower than EQEU.DE's -6.62% return.
SKYE.DE
- 1D
- 1.06%
- 1M
- 4.21%
- YTD
- -13.77%
- 6M
- -16.26%
- 1Y
- 0.32%
- 3Y*
- 16.85%
- 5Y*
- 3.14%
- 10Y*
- —
EQEU.DE
- 1D
- -0.43%
- 1M
- -2.67%
- YTD
- -6.62%
- 6M
- -4.39%
- 1Y
- 20.42%
- 3Y*
- 20.52%
- 5Y*
- 10.37%
- 10Y*
- —
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SKYE.DE vs. EQEU.DE - Expense Ratio Comparison
SKYE.DE has a 0.60% expense ratio, which is higher than EQEU.DE's 0.35% expense ratio.
Return for Risk
SKYE.DE vs. EQEU.DE — Risk / Return Rank
SKYE.DE
EQEU.DE
SKYE.DE vs. EQEU.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Cloud Computing UCITS ETF Acc (SKYE.DE) and Invesco EQQQ NASDAQ-100 UCITS ETF EUR Hedged (EQEU.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.
| SKYE.DE | EQEU.DE | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.01 | 1.04 | -1.03 |
Sortino ratioReturn per unit of downside risk | 0.21 | 1.57 | -1.36 |
Omega ratioGain probability vs. loss probability | 1.03 | 1.21 | -0.18 |
Calmar ratioReturn relative to maximum drawdown | 0.01 | 2.14 | -2.13 |
Martin ratioReturn relative to average drawdown | 0.03 | 7.75 | -7.72 |
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
| SKYE.DE | EQEU.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.01 | 1.04 | -1.03 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.11 | 0.49 | -0.38 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.23 | 0.73 | -0.50 |
Correlation
The correlation between SKYE.DE and EQEU.DE is 0.77, 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.
Dividends
SKYE.DE vs. EQEU.DE - Dividend Comparison
Neither SKYE.DE nor EQEU.DE has paid dividends to shareholders.
Drawdowns
SKYE.DE vs. EQEU.DE - Drawdown Comparison
The maximum SKYE.DE drawdown since its inception was -49.90%, which is greater than EQEU.DE's maximum drawdown of -37.97%. Use the drawdown chart below to compare losses from any high point for SKYE.DE and EQEU.DE.
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Drawdown Indicators
| SKYE.DE | EQEU.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.90% | -37.97% | -11.93% |
Max Drawdown (1Y)Largest decline over 1 year | -27.12% | -12.02% | -15.10% |
Max Drawdown (5Y)Largest decline over 5 years | -49.90% | -37.97% | -11.93% |
Current DrawdownCurrent decline from peak | -23.94% | -8.98% | -14.96% |
Average DrawdownAverage peak-to-trough decline | -20.11% | -8.16% | -11.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.13% | 3.32% | +7.81% |
Volatility
SKYE.DE vs. EQEU.DE - Volatility Comparison
First Trust Cloud Computing UCITS ETF Acc (SKYE.DE) and Invesco EQQQ NASDAQ-100 UCITS ETF EUR Hedged (EQEU.DE) have volatilities of 5.79% and 5.79%, 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.
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Volatility by Period
| SKYE.DE | EQEU.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.79% | 5.79% | 0.00% |
Volatility (6M)Calculated over the trailing 6-month period | 19.82% | 12.14% | +7.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.37% | 19.56% | +9.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.16% | 20.76% | +7.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.88% | 21.08% | +6.80% |