XLVP.L vs. EQQQ.L
Compare and contrast key facts about Invesco US Health Care Sector UCITS ETF (XLVP.L) and Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.L).
XLVP.L and EQQQ.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XLVP.L is a passively managed fund by Invesco that tracks the performance of the MSCI World/Health Care NR USD. It was launched on Dec 16, 2009. EQQQ.L is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Dec 2, 2002. Both XLVP.L and EQQQ.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XLVP.L or EQQQ.L.
Key characteristics
XLVP.L | EQQQ.L | |
---|---|---|
YTD Return | 10.69% | 11.16% |
1Y Return | 12.58% | 21.11% |
3Y Return (Ann) | 8.27% | 10.16% |
5Y Return (Ann) | 11.31% | 18.94% |
10Y Return (Ann) | 12.84% | 19.93% |
Sharpe Ratio | 1.11 | 1.27 |
Daily Std Dev | 10.44% | 16.21% |
Max Drawdown | -17.58% | -33.75% |
Current Drawdown | -2.15% | -8.11% |
Correlation
The correlation between XLVP.L and EQQQ.L is 0.66, 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.
Performance
XLVP.L vs. EQQQ.L - Performance Comparison
The year-to-date returns for both investments are quite close, with XLVP.L having a 10.69% return and EQQQ.L slightly higher at 11.16%. Over the past 10 years, XLVP.L has underperformed EQQQ.L with an annualized return of 12.84%, while EQQQ.L has yielded a comparatively higher 19.93% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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XLVP.L vs. EQQQ.L - Expense Ratio Comparison
XLVP.L has a 0.14% expense ratio, which is lower than EQQQ.L's 0.30% expense ratio.
Risk-Adjusted Performance
XLVP.L vs. EQQQ.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco US Health Care Sector UCITS ETF (XLVP.L) and Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.L). 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.
Dividends
XLVP.L vs. EQQQ.L - Dividend Comparison
XLVP.L has not paid dividends to shareholders, while EQQQ.L's dividend yield for the trailing twelve months is around 0.43%.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Invesco US Health Care Sector UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Invesco EQQQ NASDAQ-100 UCITS ETF | 0.43% | 0.39% | 0.56% | 0.25% | 0.41% | 0.56% | 0.63% | 0.67% | 0.77% | 0.72% | 1.01% | 0.95% |
Drawdowns
XLVP.L vs. EQQQ.L - Drawdown Comparison
The maximum XLVP.L drawdown since its inception was -17.58%, smaller than the maximum EQQQ.L drawdown of -33.75%. Use the drawdown chart below to compare losses from any high point for XLVP.L and EQQQ.L. For additional features, visit the drawdowns tool.
Volatility
XLVP.L vs. EQQQ.L - Volatility Comparison
The current volatility for Invesco US Health Care Sector UCITS ETF (XLVP.L) is 3.41%, while Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.L) has a volatility of 5.85%. This indicates that XLVP.L experiences smaller price fluctuations and is considered to be less risky than EQQQ.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.