SMLN.DE vs. EQQB.DE
SMLN.DE (Invesco JPX-Nikkei 400 UCITS ETF) and EQQB.DE (Invesco EQQQ Nasdaq-100 UCITS ETF Acc) are both exchange-traded funds - SMLN.DE is a Japan Equities fund tracking the JPX-Nikkei 400, while EQQB.DE is a Nasdaq-100 fund tracking the Nasdaq 100®. Both are passively managed. Over the past 3 years, SMLN.DE returned 14.96%/yr vs 24.52%/yr for EQQB.DE. At a 0.48 correlation, their price movements are largely independent. SMLN.DE charges 0.19%/yr vs 0.30%/yr for EQQB.DE.
Performance
SMLN.DE vs. EQQB.DE - Performance Comparison
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Returns By Period
In the year-to-date period, SMLN.DE achieves a 15.87% return, which is significantly lower than EQQB.DE's 20.54% return.
SMLN.DE
- 1D
- -0.49%
- 1M
- 4.75%
- YTD
- 15.87%
- 6M
- 15.93%
- 1Y
- 28.29%
- 3Y*
- 14.96%
- 5Y*
- 9.82%
- 10Y*
- 8.93%
EQQB.DE
- 1D
- -0.82%
- 1M
- 9.26%
- YTD
- 20.54%
- 6M
- 19.36%
- 1Y
- 37.75%
- 3Y*
- 24.52%
- 5Y*
- —
- 10Y*
- —
SMLN.DE vs. EQQB.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
SMLN.DE Invesco JPX-Nikkei 400 UCITS ETF | 15.87% | 12.69% | 12.93% | 16.15% | -6.82% |
EQQB.DE Invesco EQQQ Nasdaq-100 UCITS ETF Acc | 20.54% | 6.93% | 33.67% | 51.27% | -17.63% |
Correlation
The correlation between SMLN.DE and EQQB.DE is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.46 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.46 |
Correlation (All Time) Calculated using the full available price history since Feb 21, 2022 | 0.48 |
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Return for Risk
SMLN.DE vs. EQQB.DE — Risk / Return Rank
SMLN.DE
EQQB.DE
SMLN.DE vs. EQQB.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco JPX-Nikkei 400 UCITS ETF (SMLN.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.
| SMLN.DE | EQQB.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.83 | ||
| Sortino ratioReturn per unit of downside risk | -0.81 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.42 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 2.99 | 3.73 | -0.74 |
| Martin ratioReturn relative to average drawdown | 9.93 | 11.10 | -1.17 |
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
| SMLN.DE | EQQB.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.56 | 2.39 | -0.83 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.60 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.55 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.51 | 0.97 | -0.45 |
Drawdowns
SMLN.DE vs. EQQB.DE - Drawdown Comparison
The maximum SMLN.DE drawdown since its inception was -28.42%, which is greater than EQQB.DE's maximum drawdown of -26.59%. Use the drawdown chart below to compare losses from any high point for SMLN.DE and EQQB.DE.
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Drawdown Indicators
| SMLN.DE | EQQB.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.42% | -26.59% | -1.83% |
Max Drawdown (1Y)Largest decline over 1 year | -9.43% | -10.08% | +0.65% |
Max Drawdown (3Y)Largest decline over 3 years | -15.55% | -26.59% | +11.04% |
Max Drawdown (5Y)Largest decline over 5 years | -19.85% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -28.42% | — | — |
Current DrawdownCurrent decline from peak | -0.49% | -0.82% | +0.33% |
Average DrawdownAverage peak-to-trough decline | -6.03% | -6.77% | +0.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.84% | 3.39% | -0.55% |
Volatility
SMLN.DE vs. EQQB.DE - Volatility Comparison
The current volatility for Invesco JPX-Nikkei 400 UCITS ETF (SMLN.DE) is 3.44%, while Invesco EQQQ Nasdaq-100 UCITS ETF Acc (EQQB.DE) has a volatility of 4.38%. This indicates that SMLN.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.
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Volatility by Period
| SMLN.DE | EQQB.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.44% | 4.38% | -0.94% |
Volatility (6M)Calculated over the trailing 6-month period | 14.75% | 10.99% | +3.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.07% | 15.73% | +2.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.12% | 19.97% | -3.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.22% | 19.97% | -3.75% |
SMLN.DE vs. EQQB.DE - Expense Ratio Comparison
SMLN.DE has a 0.19% expense ratio, which is lower than EQQB.DE's 0.30% expense ratio.
Dividends
SMLN.DE vs. EQQB.DE - Dividend Comparison
Neither SMLN.DE nor EQQB.DE has paid dividends to shareholders.
Frequently Asked Questions
SMLN.DE and EQQB.DE have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SMLN.DE is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SMLN.DE is cheaper with a 0.19% expense ratio, compared with 0.30% for EQQB.DE.
SMLN.DE is categorized as Japan Equities, while EQQB.DE is Nasdaq-100. SMLN.DE tracks JPX-Nikkei 400, while EQQB.DE tracks Nasdaq 100®. Their fees differ too: 0.19% for SMLN.DE and 0.30% for EQQB.DE.
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