SP2Q.DE vs. EQQX.DE
SP2Q.DE (Invesco S&P 500 Equal Weight UCITS ETF Acc) and EQQX.DE (Invesco Nasdaq-100 Swap UCITS ETF Acc) are both exchange-traded funds - SP2Q.DE is a S&P 500 fund tracking the S&P 500® Equal Weight, while EQQX.DE is a Nasdaq-100 fund tracking the Nasdaq 100®. Both are passively managed. Over the past 5 years, SP2Q.DE returned 9.25%/yr vs 19.11%/yr for EQQX.DE. A 0.65 correlation means they provide meaningful diversification when combined. Both charge a 0.20% expense ratio.
Performance
SP2Q.DE vs. EQQX.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SP2Q.DE achieves a 10.37% return, which is significantly lower than EQQX.DE's 21.61% return.
SP2Q.DE
- 1D
- 0.28%
- 1M
- 4.59%
- YTD
- 10.37%
- 6M
- 10.95%
- 1Y
- 17.59%
- 3Y*
- 12.12%
- 5Y*
- 9.25%
- 10Y*
- —
EQQX.DE
- 1D
- 0.11%
- 1M
- 10.15%
- YTD
- 21.61%
- 6M
- 20.44%
- 1Y
- 39.08%
- 3Y*
- 25.43%
- 5Y*
- 19.11%
- 10Y*
- —
SP2Q.DE vs. EQQX.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
SP2Q.DE Invesco S&P 500 Equal Weight UCITS ETF Acc | 10.37% | -0.55% | 18.83% | 9.91% | -6.71% | 31.47% |
EQQX.DE Invesco Nasdaq-100 Swap UCITS ETF Acc | 21.61% | 7.13% | 33.88% | 51.62% | -29.90% | 26.11% |
Correlation
The correlation between SP2Q.DE and EQQX.DE is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.52 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.55 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.65 |
Correlation (All Time) Calculated using the full available price history since Apr 15, 2021 | 0.65 |
The correlation between SP2Q.DE and EQQX.DE shifts across timeframes, from 0.52 (1 year) to 0.65 (5 years), reflecting how their relationship changes across market environments.
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
SP2Q.DE vs. EQQX.DE — Risk / Return Rank
SP2Q.DE
EQQX.DE
SP2Q.DE vs. EQQX.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 Equal Weight UCITS ETF Acc (SP2Q.DE) and Invesco Nasdaq-100 Swap UCITS ETF Acc (EQQX.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.
| SP2Q.DE | EQQX.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.85 | ||
| Sortino ratioReturn per unit of downside risk | -0.97 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.44 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | 3.43 | 3.91 | -0.48 |
| Martin ratioReturn relative to average drawdown | 10.24 | 11.64 | -1.40 |
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
| SP2Q.DE | EQQX.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.64 | 2.49 | -0.85 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.61 | 0.95 | -0.34 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.75 | 0.90 | -0.15 |
Drawdowns
SP2Q.DE vs. EQQX.DE - Drawdown Comparison
The maximum SP2Q.DE drawdown since its inception was -22.73%, smaller than the maximum EQQX.DE drawdown of -31.17%. Use the drawdown chart below to compare losses from any high point for SP2Q.DE and EQQX.DE.
Loading charts...
Drawdown Indicators
| SP2Q.DE | EQQX.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.73% | -31.17% | +8.44% |
Max Drawdown (1Y)Largest decline over 1 year | -5.11% | -9.97% | +4.86% |
Max Drawdown (3Y)Largest decline over 3 years | -22.73% | -26.80% | +4.07% |
Max Drawdown (5Y)Largest decline over 5 years | -22.73% | -31.17% | +8.44% |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -5.22% | -7.99% | +2.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.71% | 3.36% | -1.65% |
Volatility
SP2Q.DE vs. EQQX.DE - Volatility Comparison
The current volatility for Invesco S&P 500 Equal Weight UCITS ETF Acc (SP2Q.DE) is 2.04%, while Invesco Nasdaq-100 Swap UCITS ETF Acc (EQQX.DE) has a volatility of 4.15%. This indicates that SP2Q.DE experiences smaller price fluctuations and is considered to be less risky than EQQX.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SP2Q.DE | EQQX.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.04% | 4.15% | -2.11% |
Volatility (6M)Calculated over the trailing 6-month period | 6.81% | 10.89% | -4.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.66% | 15.75% | -5.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.91% | 19.86% | -4.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.44% | 19.79% | -4.35% |
SP2Q.DE vs. EQQX.DE - Expense Ratio Comparison
Both SP2Q.DE and EQQX.DE have an expense ratio of 0.20%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
SP2Q.DE vs. EQQX.DE - Dividend Comparison
Neither SP2Q.DE nor EQQX.DE has paid dividends to shareholders.
Frequently Asked Questions
SP2Q.DE and EQQX.DE have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.20% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
SP2Q.DE and EQQX.DE have the same expense ratio: 0.20% per year.
SP2Q.DE is categorized as S&P 500, while EQQX.DE is Nasdaq-100. SP2Q.DE tracks S&P 500® Equal Weight, while EQQX.DE tracks Nasdaq 100®.
Find the right allocation for SP2Q.DE and EQQX.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