SXLK.AS vs. QQQM
Compare and contrast key facts about SPDR S&P U.S. Technology Select Sector UCITS ETF (SXLK.AS) and Invesco NASDAQ 100 ETF (QQQM).
SXLK.AS and QQQM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SXLK.AS is a passively managed fund by State Street that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on Jul 7, 2015. QQQM is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Oct 13, 2020. Both SXLK.AS and QQQM 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
SXLK.AS vs. QQQM - Performance Comparison
Loading graphics...
SXLK.AS vs. QQQM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
SXLK.AS SPDR S&P U.S. Technology Select Sector UCITS ETF | -7.24% | 10.14% | 31.30% | 51.14% | -25.03% | 46.32% | 0.56% |
QQQM Invesco NASDAQ 100 ETF | -3.29% | 6.51% | 33.98% | 50.36% | -28.34% | 36.98% | 2.53% |
Different Trading Currencies
SXLK.AS is traded in EUR, while QQQM is traded in USD. To make them comparable, the QQQM values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, SXLK.AS achieves a -7.24% return, which is significantly lower than QQQM's -4.43% return.
SXLK.AS
- 1D
- 3.03%
- 1M
- -2.02%
- YTD
- -7.24%
- 6M
- -5.65%
- 1Y
- 21.34%
- 3Y*
- 19.20%
- 5Y*
- 15.39%
- 10Y*
- —
QQQM
- 1D
- 0.00%
- 1M
- -3.91%
- YTD
- -4.43%
- 6M
- -2.65%
- 1Y
- 14.59%
- 3Y*
- 19.81%
- 5Y*
- 13.37%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SXLK.AS vs. QQQM - Expense Ratio Comparison
Both SXLK.AS and QQQM have an expense ratio of 0.15%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Return for Risk
SXLK.AS vs. QQQM — Risk / Return Rank
SXLK.AS
QQQM
SXLK.AS vs. QQQM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P U.S. Technology Select Sector UCITS ETF (SXLK.AS) and Invesco NASDAQ 100 ETF (QQQM). 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.
| SXLK.AS | QQQM | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.86 | 0.60 | +0.26 |
Sortino ratioReturn per unit of downside risk | 1.30 | 0.99 | +0.31 |
Omega ratioGain probability vs. loss probability | 1.17 | 1.15 | +0.03 |
Calmar ratioReturn relative to maximum drawdown | 2.35 | 1.10 | +1.25 |
Martin ratioReturn relative to average drawdown | 6.47 | 3.70 | +2.77 |
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 graphics...
Sharpe Ratios by Period
| SXLK.AS | QQQM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.86 | 0.60 | +0.26 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.68 | 0.61 | +0.07 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.81 | 0.65 | +0.16 |
Correlation
The correlation between SXLK.AS and QQQM is 0.61, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
SXLK.AS vs. QQQM - Dividend Comparison
SXLK.AS has not paid dividends to shareholders, while QQQM's dividend yield for the trailing twelve months is around 0.53%.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
SXLK.AS SPDR S&P U.S. Technology Select Sector UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQM Invesco NASDAQ 100 ETF | 0.53% | 0.50% | 0.61% | 0.65% | 0.83% | 0.40% | 0.16% |
Drawdowns
SXLK.AS vs. QQQM - Drawdown Comparison
The maximum SXLK.AS drawdown since its inception was -31.37%, roughly equal to the maximum QQQM drawdown of -30.95%. Use the drawdown chart below to compare losses from any high point for SXLK.AS and QQQM.
Loading graphics...
Drawdown Indicators
| SXLK.AS | QQQM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.37% | -35.04% | +3.67% |
Max Drawdown (1Y)Largest decline over 1 year | -15.83% | -12.55% | -3.28% |
Max Drawdown (5Y)Largest decline over 5 years | -30.08% | -35.04% | +4.96% |
Current DrawdownCurrent decline from peak | -12.97% | -7.86% | -5.11% |
Average DrawdownAverage peak-to-trough decline | -6.63% | -8.47% | +1.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.75% | 3.44% | +2.31% |
Volatility
SXLK.AS vs. QQQM - Volatility Comparison
SPDR S&P U.S. Technology Select Sector UCITS ETF (SXLK.AS) and Invesco NASDAQ 100 ETF (QQQM) have volatilities of 5.44% and 5.46%, 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.
Loading graphics...
Volatility by Period
| SXLK.AS | QQQM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.44% | 5.46% | -0.02% |
Volatility (6M)Calculated over the trailing 6-month period | 15.08% | 12.97% | +2.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.72% | 24.58% | +0.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.17% | 21.89% | +0.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.96% | 21.89% | +1.07% |