8PSB.DE vs. IQSA.DE
8PSB.DE (Invesco Physical Silver ETC) and IQSA.DE (Invesco Global Active ESG Equity UCITS ETF USD Acc) are both exchange-traded funds - 8PSB.DE is a Silver fund tracking the LBMA Silver Price, while IQSA.DE is a Global Equities fund actively managed by Invesco. 8PSB.DE is passively managed, while IQSA.DE is actively managed. Over the past 3 years, 8PSB.DE returned 42.18%/yr vs 22.03%/yr for IQSA.DE. At a 0.18 correlation, their price movements are largely independent. 8PSB.DE charges 0.19%/yr vs 0.30%/yr for IQSA.DE.
Performance
8PSB.DE vs. IQSA.DE - Performance Comparison
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Returns By Period
In the year-to-date period, 8PSB.DE achieves a -2.37% return, which is significantly lower than IQSA.DE's 14.81% return.
8PSB.DE
- 1D
- 0.37%
- 1M
- 1.00%
- YTD
- -2.37%
- 6M
- 29.53%
- 1Y
- 110.49%
- 3Y*
- 42.18%
- 5Y*
- —
- 10Y*
- —
IQSA.DE
- 1D
- -0.11%
- 1M
- 6.18%
- YTD
- 14.81%
- 6M
- 16.74%
- 1Y
- 28.62%
- 3Y*
- 22.03%
- 5Y*
- 15.45%
- 10Y*
- —
8PSB.DE vs. IQSA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
8PSB.DE Invesco Physical Silver ETC | -2.37% | 130.25% | 30.85% | -4.18% | 10.64% | -7.65% |
IQSA.DE Invesco Global Active ESG Equity UCITS ETF USD Acc | 14.81% | 9.64% | 29.92% | 20.24% | -9.32% | 13.10% |
Correlation
The correlation between 8PSB.DE and IQSA.DE is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.20 |
Correlation (All Time) Calculated using the full available price history since Jun 25, 2021 | 0.18 |
The correlation between 8PSB.DE and IQSA.DE shifts across timeframes, from 0.18 (all time) to 0.32 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
8PSB.DE vs. IQSA.DE — Risk / Return Rank
8PSB.DE
IQSA.DE
8PSB.DE vs. IQSA.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Physical Silver ETC (8PSB.DE) and Invesco Global Active ESG Equity UCITS ETF USD Acc (IQSA.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.
| 8PSB.DE | IQSA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.45 | ||
| Sortino ratioReturn per unit of downside risk | -1.18 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.43 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 2.85 | 4.60 | -1.75 |
| Martin ratioReturn relative to average drawdown | 6.09 | 18.23 | -12.14 |
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
| 8PSB.DE | IQSA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.89 | 2.34 | -0.45 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 1.04 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.68 | 0.94 | -0.26 |
Drawdowns
8PSB.DE vs. IQSA.DE - Drawdown Comparison
The maximum 8PSB.DE drawdown since its inception was -38.62%, which is greater than IQSA.DE's maximum drawdown of -34.11%. Use the drawdown chart below to compare losses from any high point for 8PSB.DE and IQSA.DE.
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Drawdown Indicators
| 8PSB.DE | IQSA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.62% | -34.11% | -4.51% |
Max Drawdown (1Y)Largest decline over 1 year | -38.62% | -6.20% | -32.42% |
Max Drawdown (3Y)Largest decline over 3 years | -38.62% | -21.35% | -17.27% |
Max Drawdown (5Y)Largest decline over 5 years | — | -21.35% | — |
Current DrawdownCurrent decline from peak | -33.51% | -0.33% | -33.18% |
Average DrawdownAverage peak-to-trough decline | -11.18% | -4.38% | -6.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.07% | 1.57% | +16.50% |
Volatility
8PSB.DE vs. IQSA.DE - Volatility Comparison
Invesco Physical Silver ETC (8PSB.DE) has a higher volatility of 16.36% compared to Invesco Global Active ESG Equity UCITS ETF USD Acc (IQSA.DE) at 3.32%. This indicates that 8PSB.DE's price experiences larger fluctuations and is considered to be riskier than IQSA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| 8PSB.DE | IQSA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.36% | 3.32% | +13.04% |
Volatility (6M)Calculated over the trailing 6-month period | 51.95% | 8.85% | +43.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 58.17% | 12.17% | +46.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.63% | 14.71% | +19.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.63% | 16.74% | +17.89% |
8PSB.DE vs. IQSA.DE - Expense Ratio Comparison
8PSB.DE has a 0.19% expense ratio, which is lower than IQSA.DE's 0.30% expense ratio.
Dividends
8PSB.DE vs. IQSA.DE - Dividend Comparison
Neither 8PSB.DE nor IQSA.DE has paid dividends to shareholders.
Frequently Asked Questions
8PSB.DE and IQSA.DE have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, 8PSB.DE is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.
8PSB.DE is cheaper with a 0.19% expense ratio, compared with 0.30% for IQSA.DE.
8PSB.DE is categorized as Silver, while IQSA.DE is Global Equities. Their fees differ too: 0.19% for 8PSB.DE and 0.30% for IQSA.DE.
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