XNAQ.L vs. EQGB.L
Compare and contrast key facts about Xtrackers Nasdaq 100 UCITS ETF 1C (XNAQ.L) and Invesco EQQQ Nasdaq-100 UCITS ETF GBP Hdg Acc (EQGB.L).
XNAQ.L and EQGB.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XNAQ.L is a passively managed fund by Xtrackers that tracks the performance of the Russell 1000 Growth TR USD. It was launched on Jan 21, 2021. EQGB.L is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Oct 17, 2017. Both XNAQ.L and EQGB.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: XNAQ.L or EQGB.L.
Key characteristics
| XNAQ.L | EQGB.L | |
|---|---|---|
| YTD Return | 12.13% | 15.51% |
| 1Y Return | 21.26% | 27.98% |
| 3Y Return (Ann) | 10.48% | 7.19% |
| Sharpe Ratio | 1.37 | 1.71 |
| Daily Std Dev | 16.16% | 16.94% |
| Max Drawdown | -27.52% | -36.77% |
| Current Drawdown | -7.33% | -4.73% |
Correlation
The correlation between XNAQ.L and EQGB.L is 0.94, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
XNAQ.L vs. EQGB.L - Performance Comparison
In the year-to-date period, XNAQ.L achieves a 12.13% return, which is significantly lower than EQGB.L's 15.51% 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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XNAQ.L vs. EQGB.L - Expense Ratio Comparison
XNAQ.L has a 0.20% expense ratio, which is lower than EQGB.L's 0.35% expense ratio.
Risk-Adjusted Performance
XNAQ.L vs. EQGB.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers Nasdaq 100 UCITS ETF 1C (XNAQ.L) and Invesco EQQQ Nasdaq-100 UCITS ETF GBP Hdg Acc (EQGB.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
XNAQ.L vs. EQGB.L - Dividend Comparison
Neither XNAQ.L nor EQGB.L has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
XNAQ.L Xtrackers Nasdaq 100 UCITS ETF 1C | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EQGB.L Invesco EQQQ Nasdaq-100 UCITS ETF GBP Hdg Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.04% |
Drawdowns
XNAQ.L vs. EQGB.L - Drawdown Comparison
The maximum XNAQ.L drawdown since its inception was -27.52%, smaller than the maximum EQGB.L drawdown of -36.77%. Use the drawdown chart below to compare losses from any high point for XNAQ.L and EQGB.L. For additional features, visit the drawdowns tool.
Volatility
XNAQ.L vs. EQGB.L - Volatility Comparison
The current volatility for Xtrackers Nasdaq 100 UCITS ETF 1C (XNAQ.L) is 5.85%, while Invesco EQQQ Nasdaq-100 UCITS ETF GBP Hdg Acc (EQGB.L) has a volatility of 6.36%. This indicates that XNAQ.L experiences smaller price fluctuations and is considered to be less risky than EQGB.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.