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WINC.AS vs. QQQ
Performance
Return for Risk
Drawdowns
Volatility
Dividends

WINC.AS vs. QQQ

Last updated Jul 21, 2026
Documentation

WINC.AS (iShares World Equity High Income UCITS ETF USD Inc) and QQQ (Invesco QQQ ETF) are both exchange-traded funds - WINC.AS is a Global Equity Income fund actively managed by iShares, while QQQ is a Nasdaq-100 fund tracking the NASDAQ-100 Index. WINC.AS is actively managed, while QQQ is passively managed. Over the past year, WINC.AS returned 21.61% vs 24.61% for QQQ. At a 0.43 correlation, their price movements are largely independent. WINC.AS charges 0.35%/yr vs 0.18%/yr for QQQ.

Performance

WINC.AS vs. QQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares World Equity High Income UCITS ETF USD Inc (WINC.AS) and Invesco QQQ ETF (QQQ). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, WINC.AS achieves a 9.43% return, which is significantly lower than QQQ's 13.58% return.

WINC.AS

1D
0.00%
1M
0.82%
6M
9.67%
YTD
9.43%
1Y
21.61%
3Y*
—
5Y*
—
10Y*
—
ALL TIME*
17.13%

QQQ

1D
0.10%
1M
-5.91%
6M
12.30%
YTD
13.58%
1Y
24.61%
3Y*
23.54%
5Y*
14.68%
10Y*
20.72%
ALL TIME*
10.70%
*Multi-year figures are annualized to reflect compound growth (CAGR)

WINC.AS vs. QQQ - Yearly Performance Comparison

2026 (YTD)20252024
WINC.AS
iShares World Equity High Income UCITS ETF USD Inc		9.43%21.56%8.10%
QQQ
Invesco QQQ ETF		13.58%20.77%15.43%

Correlation

The correlation between WINC.AS and QQQ is 0.53, 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

0.53

Correlation (All Time)
Calculated using the full available price history since Apr 2, 2024

0.43

The correlation between WINC.AS and QQQ has been stable across timeframes, ranging from 0.43 to 0.53 - a consistent structural relationship.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares World Equity High Income UCITS ETF USD Inc

Invesco QQQ ETF

Often compared with WINC.AS:
WINC.AS vs. JEPQWINC.AS vs. JEPG.LWINC.AS vs. JEQP.LWINC.AS vs. VWRL.ASWINC.AS vs. SWDA.LWINC.AS vs. TDGB.LWINC.AS vs. QQQI
Often compared with QQQ:
QQQ vs. SPYQQQ vs. VOOQQQ vs. VGTQQQ vs. TQQQQQQ vs. SMHQQQ vs. QQQMQQQ vs. SPMO

Return for Risk

WINC.AS vs. QQQ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
WINC.AS
WINC.AS Risk / Return Rank: 8383
Overall Rank
WINC.AS Sharpe Ratio Rank: 8282
Sharpe Ratio Rank
WINC.AS Sortino Ratio Rank: 8686
Sortino Ratio Rank
WINC.AS Omega Ratio Rank: 8080
Omega Ratio Rank
WINC.AS Calmar Ratio Rank: 8181
Calmar Ratio Rank
WINC.AS Martin Ratio Rank: 8686
Martin Ratio Rank
QQQ
QQQ Risk / Return Rank: 5151
Overall Rank
QQQ Sharpe Ratio Rank: 5151
Sharpe Ratio Rank
QQQ Sortino Ratio Rank: 4747
Sortino Ratio Rank
QQQ Omega Ratio Rank: 4848
Omega Ratio Rank
QQQ Calmar Ratio Rank: 5454
Calmar Ratio Rank
QQQ Martin Ratio Rank: 5757
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

WINC.AS vs. QQQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares World Equity High Income UCITS ETF USD Inc (WINC.AS) and Invesco QQQ ETF (QQQ). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

WINC.ASQQQDifference
Sharpe ratioReturn per unit of total volatility
1.97
1.32

+0.65

Sortino ratioReturn per unit of downside risk
3.03
1.83

+1.20

Omega ratioGain probability vs. loss probability

1.36

1.23

+0.12

Calmar ratioReturn relative to maximum drawdown

3.15

2.07

+1.08

Martin ratioReturn relative to average drawdown

12.97

7.22

+5.75

WINC.AS vs. QQQ - Sharpe Ratio Comparison

The current WINC.AS Sharpe Ratio is 1.97, which is higher than the QQQ Sharpe Ratio of 1.32. The chart below compares the historical Sharpe Ratios of WINC.AS and QQQ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

WINC.AS vs. QQQ - Drawdown Comparison

The maximum WINC.AS drawdown since its inception was -14.81%, smaller than the maximum QQQ drawdown of -82.97%. Use the drawdown chart below to compare losses from any high point for WINC.AS and QQQ.

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Drawdown Indicators

WINC.ASQQQDifference

Max Drawdown

Largest peak-to-trough decline

-14.81%

-82.97%

+68.16%

Max Drawdown (1Y)

Largest decline over 1 year

-6.77%

-11.96%

+5.19%

Max Drawdown (3Y)

Largest decline over 3 years

—

-22.77%

—

Max Drawdown (5Y)

Largest decline over 5 years

—

-35.12%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-35.12%

—

Current Drawdown

Current decline from peak

-1.03%

-6.61%

+5.58%

Average Drawdown

Average peak-to-trough decline

-1.45%

-32.65%

+31.20%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.65%

3.42%

-1.77%

Volatility

WINC.AS vs. QQQ - Volatility Comparison

The current volatility for iShares World Equity High Income UCITS ETF USD Inc (WINC.AS) is 2.63%, while Invesco QQQ ETF (QQQ) has a volatility of 7.41%. This indicates that WINC.AS experiences smaller price fluctuations and is considered to be less risky than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

WINC.ASQQQDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.63%

7.41%

-4.78%

Volatility (6M)

Calculated over the trailing 6-month period

8.87%

15.55%

-6.68%

Volatility (1Y)

Calculated over the trailing 1-year period

10.87%

18.78%

-7.91%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

12.52%

22.81%

-10.29%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

12.52%

22.45%

-9.93%

WINC.AS vs. QQQ - Expense Ratio Comparison

WINC.AS has a 0.35% expense ratio, which is higher than QQQ's 0.18% expense ratio.

Dividends

WINC.AS vs. QQQ - Dividend Comparison

WINC.AS's dividend yield for the trailing twelve months is around 9.88%, more than QQQ's 0.44% yield.

PositionTTM20252024202320222021202020192018201720162015
QQQ
Invesco QQQ ETF		0.44%0.45%0.56%0.62%0.80%0.43%0.55%0.74%0.91%0.84%1.06%0.99%
WINC.AS
iShares World Equity High Income UCITS ETF USD Inc		9.88%9.38%4.88%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

WINC.AS and QQQ have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, QQQ is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.

QQQ is cheaper with a 0.18% expense ratio, compared with 0.35% for WINC.AS.

WINC.AS is categorized as Global Equity Income, while QQQ is Nasdaq-100. They also come from different issuers: iShares and Invesco. Their fees differ too: 0.35% for WINC.AS and 0.18% for QQQ.

Portfolio Optimizer

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