XECT.DE vs. QQQM
XECT.DE (Xtrackers MSCI Europe Climate Transition UCITS ETF 1C) and QQQM (Invesco NASDAQ 100 ETF) are both exchange-traded funds - XECT.DE is a Europe Equities fund tracking the MSCI Europe NR EUR, while QQQM is a Nasdaq-100 fund tracking the NASDAQ-100 Index. Both are passively managed. Over the past 3 years, XECT.DE returned 11.71%/yr vs 25.48%/yr for QQQM. At a 0.31 correlation, their price movements are largely independent. XECT.DE charges 0.12%/yr vs 0.15%/yr for QQQM.
Performance
XECT.DE vs. QQQM - Performance Comparison
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Different Trading Currencies
XECT.DE 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, XECT.DE achieves a 6.46% return, which is significantly lower than QQQM's 22.88% return.
XECT.DE
- 1D
- -0.56%
- 1M
- 4.21%
- YTD
- 6.46%
- 6M
- 9.40%
- 1Y
- 14.72%
- 3Y*
- 11.71%
- 5Y*
- —
- 10Y*
- —
QQQM
- 1D
- 0.00%
- 1M
- 11.49%
- YTD
- 22.88%
- 6M
- 20.44%
- 1Y
- 39.19%
- 3Y*
- 25.48%
- 5Y*
- 19.18%
- 10Y*
- —
XECT.DE vs. QQQM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
XECT.DE Xtrackers MSCI Europe Climate Transition UCITS ETF 1C | 6.46% | 16.87% | 7.18% | 7.63% |
QQQM Invesco NASDAQ 100 ETF | 22.85% | 6.51% | 33.98% | 35.26% |
Correlation
The correlation between XECT.DE and QQQM is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.36 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.30 |
Correlation (All Time) Calculated using the full available price history since Mar 10, 2023 | 0.31 |
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Return for Risk
XECT.DE vs. QQQM — Risk / Return Rank
XECT.DE
QQQM
XECT.DE vs. QQQM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI Europe Climate Transition UCITS ETF 1C (XECT.DE) 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.
| XECT.DE | QQQM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.36 | ||
| Sortino ratioReturn per unit of downside risk | -1.53 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.43 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | 1.31 | 3.58 | -2.27 |
| Martin ratioReturn relative to average drawdown | 4.80 | 11.22 | -6.41 |
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
| XECT.DE | QQQM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.08 | 2.44 | -1.36 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.88 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.90 | 0.87 | +0.03 |
Drawdowns
XECT.DE vs. QQQM - Drawdown Comparison
The maximum XECT.DE drawdown since its inception was -16.63%, smaller than the maximum QQQM drawdown of -30.95%. Use the drawdown chart below to compare losses from any high point for XECT.DE and QQQM.
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Drawdown Indicators
| XECT.DE | QQQM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.63% | -30.95% | +14.32% |
Max Drawdown (1Y)Largest decline over 1 year | -11.20% | -10.99% | -0.21% |
Max Drawdown (3Y)Largest decline over 3 years | -16.63% | -27.16% | +10.53% |
Max Drawdown (5Y)Largest decline over 5 years | — | -30.95% | — |
Current DrawdownCurrent decline from peak | -2.31% | 0.00% | -2.31% |
Average DrawdownAverage peak-to-trough decline | -2.28% | -7.34% | +5.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.06% | 3.50% | -0.44% |
Volatility
XECT.DE vs. QQQM - Volatility Comparison
Xtrackers MSCI Europe Climate Transition UCITS ETF 1C (XECT.DE) has a higher volatility of 5.02% compared to Invesco NASDAQ 100 ETF (QQQM) at 3.68%. This indicates that XECT.DE's price experiences larger fluctuations and is considered to be riskier than QQQM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XECT.DE | QQQM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.02% | 3.68% | +1.34% |
Volatility (6M)Calculated over the trailing 6-month period | 11.30% | 11.45% | -0.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.52% | 16.16% | -2.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.06% | 21.90% | -8.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.06% | 21.72% | -8.66% |
XECT.DE vs. QQQM - Expense Ratio Comparison
XECT.DE has a 0.12% expense ratio, which is lower than QQQM's 0.15% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
XECT.DE vs. QQQM - Dividend Comparison
XECT.DE has not paid dividends to shareholders, while QQQM's dividend yield for the trailing twelve months is around 0.41%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
QQQM Invesco NASDAQ 100 ETF | 0.41% | 0.50% | 0.61% | 0.65% | 0.83% | 0.40% | 0.16% |
XECT.DE Xtrackers MSCI Europe Climate Transition UCITS ETF 1C | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
XECT.DE and QQQM have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XECT.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XECT.DE is cheaper with a 0.12% expense ratio, compared with 0.15% for QQQM.
XECT.DE is categorized as Europe Equities, while QQQM is Nasdaq-100. XECT.DE tracks MSCI Europe NR EUR, while QQQM tracks NASDAQ-100 Index. They also come from different issuers: DWS and Invesco. Their fees differ too: 0.12% for XECT.DE and 0.15% for QQQM.
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