WDTE.DE vs. EQEU.DE
WDTE.DE (Invesco S&P World Information Technology ESG UCITS ETF Acc) and EQEU.DE (Invesco EQQQ NASDAQ-100 UCITS ETF EUR Hedged) are both exchange-traded funds - WDTE.DE is a Technology Equities fund tracking the S&P Developed Ex-Korea LargeMidCap ESG Enhanced Information Technology, while EQEU.DE is a Nasdaq-100 fund tracking the NASDAQ-100 Notional Net Total Return Index. Both are passively managed. Over the past 3 years, WDTE.DE returned 25.83%/yr vs 25.32%/yr for EQEU.DE. Their correlation of 0.85 suggests significant overlap in exposure. WDTE.DE charges 0.18%/yr vs 0.35%/yr for EQEU.DE.
Performance
WDTE.DE vs. EQEU.DE - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with WDTE.DE having a 18.32% return and EQEU.DE slightly lower at 17.47%.
WDTE.DE
- 1D
- -2.54%
- 1M
- 12.94%
- YTD
- 18.32%
- 6M
- 18.30%
- 1Y
- 36.88%
- 3Y*
- 25.83%
- 5Y*
- —
- 10Y*
- —
EQEU.DE
- 1D
- -0.76%
- 1M
- 8.27%
- YTD
- 17.47%
- 6M
- 17.26%
- 1Y
- 36.44%
- 3Y*
- 25.32%
- 5Y*
- 14.74%
- 10Y*
- —
WDTE.DE vs. EQEU.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
WDTE.DE Invesco S&P World Information Technology ESG UCITS ETF Acc | 18.32% | 6.19% | 42.11% | 32.17% |
EQEU.DE Invesco EQQQ NASDAQ-100 UCITS ETF EUR Hedged | 17.47% | 18.24% | 24.15% | 28.37% |
Correlation
The correlation between WDTE.DE and EQEU.DE is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.84 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.85 |
Correlation (All Time) Calculated using the full available price history since Apr 18, 2023 | 0.85 |
The correlation between WDTE.DE and EQEU.DE has been stable across timeframes, ranging from 0.84 to 0.85 - a consistent structural relationship.
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Return for Risk
WDTE.DE vs. EQEU.DE — Risk / Return Rank
WDTE.DE
EQEU.DE
WDTE.DE vs. EQEU.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P World Information Technology ESG UCITS ETF Acc (WDTE.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.
| WDTE.DE | EQEU.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.39 | ||
| Sortino ratioReturn per unit of downside risk | -0.67 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.39 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 2.33 | 3.02 | -0.69 |
| Martin ratioReturn relative to average drawdown | 6.14 | 10.63 | -4.49 |
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
| WDTE.DE | EQEU.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.88 | 2.27 | -0.39 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.70 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.44 | 0.86 | +0.58 |
Drawdowns
WDTE.DE vs. EQEU.DE - Drawdown Comparison
The maximum WDTE.DE drawdown since its inception was -28.19%, smaller than the maximum EQEU.DE drawdown of -37.97%. Use the drawdown chart below to compare losses from any high point for WDTE.DE and EQEU.DE.
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Drawdown Indicators
| WDTE.DE | EQEU.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.19% | -37.97% | +9.78% |
Max Drawdown (1Y)Largest decline over 1 year | -15.79% | -12.02% | -3.77% |
Max Drawdown (3Y)Largest decline over 3 years | -28.19% | -22.08% | -6.11% |
Max Drawdown (5Y)Largest decline over 5 years | — | -37.97% | — |
Current DrawdownCurrent decline from peak | -3.63% | -0.89% | -2.74% |
Average DrawdownAverage peak-to-trough decline | -4.97% | -8.03% | +3.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.99% | 3.42% | +2.57% |
Volatility
WDTE.DE vs. EQEU.DE - Volatility Comparison
Invesco S&P World Information Technology ESG UCITS ETF Acc (WDTE.DE) has a higher volatility of 8.26% compared to Invesco EQQQ NASDAQ-100 UCITS ETF EUR Hedged (EQEU.DE) at 4.77%. This indicates that WDTE.DE's price experiences larger fluctuations and is considered to be riskier than EQEU.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WDTE.DE | EQEU.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.26% | 4.77% | +3.49% |
Volatility (6M)Calculated over the trailing 6-month period | 15.09% | 11.98% | +3.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.51% | 15.97% | +3.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.74% | 20.79% | +0.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.74% | 21.03% | +0.71% |
WDTE.DE vs. EQEU.DE - Expense Ratio Comparison
WDTE.DE has a 0.18% expense ratio, which is lower than EQEU.DE's 0.35% expense ratio.
Dividends
WDTE.DE vs. EQEU.DE - Dividend Comparison
Neither WDTE.DE nor EQEU.DE has paid dividends to shareholders.
Frequently Asked Questions
WDTE.DE and EQEU.DE have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WDTE.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WDTE.DE is cheaper with a 0.18% expense ratio, compared with 0.35% for EQEU.DE.
WDTE.DE is categorized as Technology Equities, while EQEU.DE is Nasdaq-100. WDTE.DE tracks S&P Developed Ex-Korea LargeMidCap ESG Enhanced Information Technology, while EQEU.DE tracks NASDAQ-100 Notional Net Total Return Index. Their fees differ too: 0.18% for WDTE.DE and 0.35% for EQEU.DE.
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