XNGS.L vs. QQQM
Compare and contrast key facts about Xtrackers MSCI Next Generation Internet Innovation UCITS ETF 1C (XNGS.L) and Invesco NASDAQ 100 ETF (QQQM).
XNGS.L and QQQM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XNGS.L is a passively managed fund by DWS that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on Jul 12, 2022. QQQM is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Oct 13, 2020. Both XNGS.L and QQQM are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
XNGS.L vs. QQQM - Performance Comparison
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XNGS.L vs. QQQM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
XNGS.L Xtrackers MSCI Next Generation Internet Innovation UCITS ETF 1C | -12.20% | 11.63% | 38.09% | 48.85% | -12.98% |
QQQM Invesco NASDAQ 100 ETF | -4.13% | 12.24% | 27.88% | 47.26% | -12.60% |
Different Trading Currencies
XNGS.L is traded in GBP, while QQQM is traded in USD. To make them comparable, the QQQM values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, XNGS.L achieves a -12.20% return, which is significantly lower than QQQM's -4.13% return.
XNGS.L
- 1D
- 0.76%
- 1M
- -4.10%
- YTD
- -12.20%
- 6M
- -13.55%
- 1Y
- 10.08%
- 3Y*
- 18.81%
- 5Y*
- —
- 10Y*
- —
QQQM
- 1D
- 3.07%
- 1M
- -2.97%
- YTD
- -4.13%
- 6M
- -1.94%
- 1Y
- 20.92%
- 3Y*
- 19.60%
- 5Y*
- 13.98%
- 10Y*
- —
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XNGS.L vs. QQQM - Expense Ratio Comparison
XNGS.L has a 0.35% expense ratio, which is higher than QQQM's 0.15% expense ratio.
Return for Risk
XNGS.L vs. QQQM — Risk / Return Rank
XNGS.L
QQQM
XNGS.L vs. QQQM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI Next Generation Internet Innovation UCITS ETF 1C (XNGS.L) 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.
| XNGS.L | QQQM | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.49 | 0.93 | -0.43 |
Sortino ratioReturn per unit of downside risk | 0.82 | 1.45 | -0.63 |
Omega ratioGain probability vs. loss probability | 1.11 | 1.21 | -0.10 |
Calmar ratioReturn relative to maximum drawdown | 0.40 | 1.76 | -1.37 |
Martin ratioReturn relative to average drawdown | 1.05 | 4.98 | -3.93 |
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
| XNGS.L | QQQM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.49 | 0.93 | -0.43 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.67 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.82 | 0.64 | +0.19 |
Correlation
The correlation between XNGS.L and QQQM is 0.62, 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.
Dividends
XNGS.L vs. QQQM - Dividend Comparison
XNGS.L has not paid dividends to shareholders, while QQQM's dividend yield for the trailing twelve months is around 0.53%.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
XNGS.L Xtrackers MSCI Next Generation Internet Innovation UCITS ETF 1C | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQM Invesco NASDAQ 100 ETF | 0.53% | 0.50% | 0.61% | 0.65% | 0.83% | 0.40% | 0.16% |
Drawdowns
XNGS.L vs. QQQM - Drawdown Comparison
The maximum XNGS.L drawdown since its inception was -24.85%, smaller than the maximum QQQM drawdown of -27.83%. Use the drawdown chart below to compare losses from any high point for XNGS.L and QQQM.
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Drawdown Indicators
| XNGS.L | QQQM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.85% | -35.04% | +10.19% |
Max Drawdown (1Y)Largest decline over 1 year | -20.19% | -12.55% | -7.64% |
Max Drawdown (5Y)Largest decline over 5 years | — | -35.04% | — |
Current DrawdownCurrent decline from peak | -19.14% | -8.99% | -10.15% |
Average DrawdownAverage peak-to-trough decline | -5.26% | -8.47% | +3.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.60% | 3.41% | +4.19% |
Volatility
XNGS.L vs. QQQM - Volatility Comparison
The current volatility for Xtrackers MSCI Next Generation Internet Innovation UCITS ETF 1C (XNGS.L) is 5.08%, while Invesco NASDAQ 100 ETF (QQQM) has a volatility of 5.63%. This indicates that XNGS.L experiences smaller price fluctuations and is considered to be less risky 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
| XNGS.L | QQQM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.08% | 5.63% | -0.55% |
Volatility (6M)Calculated over the trailing 6-month period | 12.85% | 12.44% | +0.41% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.42% | 22.66% | -2.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.87% | 21.04% | -1.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.87% | 21.16% | -1.29% |