XLKQ.L vs. NADQ.DE
XLKQ.L (Invesco Technology S&P US Select Sector UCITS ETF GBP Acc) and NADQ.DE (Amundi Nasdaq-100 II UCITS ETF Dist) are both exchange-traded funds - XLKQ.L is a Technology Equities fund tracking the S&P Select Sector Capped 20% Technology Index, while NADQ.DE is a Nasdaq-100 fund tracking the Nasdaq 100®. Both are passively managed. Over the past 10 years, XLKQ.L returned 26.77%/yr vs 22.63%/yr for NADQ.DE. Their correlation of 0.81 suggests significant overlap in exposure. XLKQ.L charges 0.14%/yr vs 0.22%/yr for NADQ.DE.
Performance
XLKQ.L vs. NADQ.DE - Performance Comparison
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Different Trading Currencies
XLKQ.L is traded in GBp, while NADQ.DE is traded in EUR. To make them comparable, the NADQ.DE values have been converted to GBp using the latest available exchange rates.
Returns By Period
The year-to-date returns for both stocks are quite close, with XLKQ.L having a 20.44% return and NADQ.DE slightly lower at 19.63%. Over the past 10 years, XLKQ.L has outperformed NADQ.DE with an annualized return of 26.77%, while NADQ.DE has yielded a comparatively lower 22.63% annualized return.
XLKQ.L
- 1D
- -0.03%
- 1M
- 6.65%
- YTD
- 20.44%
- 6M
- 17.20%
- 1Y
- 49.26%
- 3Y*
- 32.80%
- 5Y*
- 25.71%
- 10Y*
- 26.77%
NADQ.DE
- 1D
- -0.79%
- 1M
- 5.93%
- YTD
- 19.63%
- 6M
- 17.68%
- 1Y
- 41.20%
- 3Y*
- 24.91%
- 5Y*
- 19.08%
- 10Y*
- 22.63%
XLKQ.L vs. NADQ.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XLKQ.L Invesco Technology S&P US Select Sector UCITS ETF GBP Acc | 20.44% | 15.76% | 44.03% | 51.84% | -20.58% | 36.28% | 37.93% | 44.38% | 2.54% | 21.82% |
NADQ.DE Amundi Nasdaq-100 II UCITS ETF Dist | 19.63% | 12.61% | 28.23% | 48.44% | -26.07% | 29.89% | 42.33% | 35.59% | 4.74% | 20.68% |
Correlation
The correlation between XLKQ.L and NADQ.DE is 0.91, 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 | 0.91 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.90 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.90 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.89 |
Correlation (All Time) Calculated using the full available price history since Dec 17, 2009 | 0.81 |
The correlation between XLKQ.L and NADQ.DE shifts across timeframes, from 0.81 (all time) to 0.91 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
XLKQ.L vs. NADQ.DE — Risk / Return Rank
XLKQ.L
NADQ.DE
XLKQ.L vs. NADQ.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Technology S&P US Select Sector UCITS ETF GBP Acc (XLKQ.L) and Amundi Nasdaq-100 II UCITS ETF Dist (NADQ.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.
| XLKQ.L | NADQ.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.19 | ||
| Sortino ratioReturn per unit of downside risk | -0.34 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.47 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 2.93 | 3.76 | -0.84 |
| Martin ratioReturn relative to average drawdown | 7.59 | 10.96 | -3.37 |
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
| XLKQ.L | NADQ.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.53 | 2.72 | -0.19 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.98 | 0.97 | +0.01 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.14 | 1.18 | -0.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.80 | 1.00 | -0.20 |
Drawdowns
XLKQ.L vs. NADQ.DE - Drawdown Comparison
The maximum XLKQ.L drawdown since its inception was -38.43%, which is greater than NADQ.DE's maximum drawdown of -28.27%. Use the drawdown chart below to compare losses from any high point for XLKQ.L and NADQ.DE.
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Drawdown Indicators
| XLKQ.L | NADQ.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.43% | -28.27% | -10.16% |
Max Drawdown (1Y)Largest decline over 1 year | -16.76% | -11.02% | -5.74% |
Max Drawdown (3Y)Largest decline over 3 years | -28.74% | -25.19% | -3.55% |
Max Drawdown (5Y)Largest decline over 5 years | -28.74% | -27.53% | -1.21% |
Max Drawdown (10Y)Largest decline over 10 years | -28.74% | -27.53% | -1.21% |
Current DrawdownCurrent decline from peak | -5.48% | -0.79% | -4.69% |
Average DrawdownAverage peak-to-trough decline | -8.08% | -4.96% | -3.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.47% | 3.79% | +2.68% |
Volatility
XLKQ.L vs. NADQ.DE - Volatility Comparison
Invesco Technology S&P US Select Sector UCITS ETF GBP Acc (XLKQ.L) has a higher volatility of 7.40% compared to Amundi Nasdaq-100 II UCITS ETF Dist (NADQ.DE) at 4.52%. This indicates that XLKQ.L's price experiences larger fluctuations and is considered to be riskier than NADQ.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XLKQ.L | NADQ.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.40% | 4.52% | +2.88% |
Volatility (6M)Calculated over the trailing 6-month period | 14.52% | 10.67% | +3.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.43% | 15.23% | +4.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.15% | 19.40% | +6.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.38% | 19.48% | +3.90% |
XLKQ.L vs. NADQ.DE - Expense Ratio Comparison
XLKQ.L has a 0.14% expense ratio, which is lower than NADQ.DE's 0.22% 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
XLKQ.L vs. NADQ.DE - Dividend Comparison
XLKQ.L has not paid dividends to shareholders, while NADQ.DE's dividend yield for the trailing twelve months is around 0.33%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
NADQ.DE Amundi Nasdaq-100 II UCITS ETF Dist | 0.33% | 0.40% | 0.55% | 0.40% | 0.79% | 0.51% | 0.40% | 0.54% | 0.63% |
XLKQ.L Invesco Technology S&P US Select Sector UCITS ETF GBP Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.91, XLKQ.L and NADQ.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, XLKQ.L is cheaper at 0.14% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XLKQ.L is cheaper with a 0.14% expense ratio, compared with 0.22% for NADQ.DE.
XLKQ.L is categorized as Technology Equities, while NADQ.DE is Nasdaq-100. XLKQ.L tracks S&P Select Sector Capped 20% Technology Index, while NADQ.DE tracks Nasdaq 100®. They also come from different issuers: Invesco and Amundi. Their fees differ too: 0.14% for XLKQ.L and 0.22% for NADQ.DE.
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