SPQB.DE vs. AKWA.DE
SPQB.DE (Global X S&P 500 Quarterly Buffer UCITS ETF) and AKWA.DE (Global X Clean Water UCITS ETF) are both exchange-traded funds - SPQB.DE is a S&P 500 fund tracking the Cboe S&P 500 15% WHT Quarterly 5% Buffer Protect, while AKWA.DE is a Water Equities fund tracking the Solactive Global Clean Water Industry. Both are passively managed. Over the past 3 years, SPQB.DE returned 9.37%/yr vs 7.49%/yr for AKWA.DE. At a 0.40 correlation, their price movements are largely independent. Both charge a 0.50% expense ratio.
Performance
SPQB.DE vs. AKWA.DE - Performance Comparison
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Returns By Period
In the year-to-date period, SPQB.DE achieves a 5.30% return, which is significantly higher than AKWA.DE's -0.44% return.
SPQB.DE
- 1D
- -0.13%
- 1M
- 1.48%
- YTD
- 5.30%
- 6M
- 5.62%
- 1Y
- 10.99%
- 3Y*
- 9.37%
- 5Y*
- —
- 10Y*
- —
AKWA.DE
- 1D
- -0.50%
- 1M
- -1.77%
- YTD
- -0.44%
- 6M
- -2.43%
- 1Y
- -0.46%
- 3Y*
- 7.49%
- 5Y*
- —
- 10Y*
- —
SPQB.DE vs. AKWA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
SPQB.DE Global X S&P 500 Quarterly Buffer UCITS ETF | 5.30% | -0.77% | 20.64% | 10.42% |
AKWA.DE Global X Clean Water UCITS ETF | -0.44% | 0.80% | 12.17% | 13.47% |
Correlation
The correlation between SPQB.DE and AKWA.DE is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.30 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.38 |
Correlation (All Time) Calculated using the full available price history since Feb 24, 2023 | 0.40 |
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Return for Risk
SPQB.DE vs. AKWA.DE — Risk / Return Rank
SPQB.DE
AKWA.DE
SPQB.DE vs. AKWA.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X S&P 500 Quarterly Buffer UCITS ETF (SPQB.DE) and Global X Clean Water UCITS ETF (AKWA.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.
| SPQB.DE | AKWA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.51 | ||
| Sortino ratioReturn per unit of downside risk | +2.00 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.01 | +0.26 |
| Calmar ratioReturn relative to maximum drawdown | 3.53 | -0.05 | +3.58 |
| Martin ratioReturn relative to average drawdown | 9.14 | -0.11 | +9.25 |
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
| SPQB.DE | AKWA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.48 | -0.03 | +1.51 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.11 | 0.20 | +0.91 |
Drawdowns
SPQB.DE vs. AKWA.DE - Drawdown Comparison
The maximum SPQB.DE drawdown since its inception was -16.15%, smaller than the maximum AKWA.DE drawdown of -23.07%. Use the drawdown chart below to compare losses from any high point for SPQB.DE and AKWA.DE.
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Drawdown Indicators
| SPQB.DE | AKWA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.15% | -23.07% | +6.92% |
Max Drawdown (1Y)Largest decline over 1 year | -3.10% | -9.90% | +6.80% |
Max Drawdown (3Y)Largest decline over 3 years | -16.15% | -19.99% | +3.84% |
Current DrawdownCurrent decline from peak | -0.13% | -8.54% | +8.41% |
Average DrawdownAverage peak-to-trough decline | -2.58% | -7.60% | +5.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.20% | 4.12% | -2.92% |
Volatility
SPQB.DE vs. AKWA.DE - Volatility Comparison
The current volatility for Global X S&P 500 Quarterly Buffer UCITS ETF (SPQB.DE) is 1.19%, while Global X Clean Water UCITS ETF (AKWA.DE) has a volatility of 3.85%. This indicates that SPQB.DE experiences smaller price fluctuations and is considered to be less risky than AKWA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SPQB.DE | AKWA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.19% | 3.85% | -2.66% |
Volatility (6M)Calculated over the trailing 6-month period | 4.25% | 10.07% | -5.82% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.42% | 13.59% | -6.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.54% | 16.02% | -6.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.54% | 16.02% | -6.48% |
SPQB.DE vs. AKWA.DE - Expense Ratio Comparison
Both SPQB.DE and AKWA.DE have an expense ratio of 0.50%.
Dividends
SPQB.DE vs. AKWA.DE - Dividend Comparison
Neither SPQB.DE nor AKWA.DE has paid dividends to shareholders.
Frequently Asked Questions
SPQB.DE and AKWA.DE have a correlation of 0.30, 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 0.50% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
SPQB.DE and AKWA.DE have the same expense ratio: 0.50% per year.
SPQB.DE is categorized as S&P 500, while AKWA.DE is Water Equities. SPQB.DE tracks Cboe S&P 500 15% WHT Quarterly 5% Buffer Protect, while AKWA.DE tracks Solactive Global Clean Water Industry.
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