ASGI vs. IQSE.DE

Last updated Jul 21, 2026

ASGI (Abrdn Global Infrastructure Income Fund) and IQSE.DE (Invesco Global Active ESG Equity UCITS ETF EUR PfHedged Acc) are both funds - ASGI is a Industrials Equities fund managed by Aberdeen, while IQSE.DE is a Global Equities fund actively managed by Invesco. Over the past 5 years, ASGI returned 13.70%/yr vs 12.68%/yr for IQSE.DE. At a 0.34 correlation, their price movements are largely independent. ASGI charges 1.65%/yr vs 0.30%/yr for IQSE.DE.

Performance

ASGI vs. IQSE.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Abrdn Global Infrastructure Income Fund (ASGI) and Invesco Global Active ESG Equity UCITS ETF EUR PfHedged Acc (IQSE.DE). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

ASGI is traded in USD, while IQSE.DE is traded in EUR. To make them comparable, the IQSE.DE values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, ASGI achieves a 13.65% return, which is significantly higher than IQSE.DE's 10.81% return.

ASGI

• 1D: -2.04%
• 1M: 9.23%
• 6M: 15.82%
• YTD: 13.65%
• 1Y: 27.78%
• 3Y*: 22.76%
• 5Y*: 13.70%
• 10Y*: —
• ALL TIME*: 13.08%

IQSE.DE

• 1D: -0.00%
• 1M: -1.17%
• 6M: 10.77%
• YTD: 10.81%
• 1Y: 25.32%
• 3Y*: 22.32%
• 5Y*: 12.68%
• 10Y*: —
• ALL TIME*: 14.60%

*Multi-year figures are annualized to reflect compound growth (CAGR)

ASGI vs. IQSE.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
ASGI Abrdn Global Infrastructure Income Fund	13.65%	44.20%	10.26%	14.48%	-10.50%	18.17%	-4.74%
IQSE.DE Invesco Global Active ESG Equity UCITS ETF EUR PfHedged Acc	10.81%	34.37%	17.03%	26.28%	-19.50%	16.84%	18.19%

Correlation

The correlation between ASGI and IQSE.DE is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.25
Correlation (3Y) Calculated over the trailing 3-year period	0.26
Correlation (5Y) Calculated over the trailing 5-year period	0.37
Correlation (All Time) Calculated using the full available price history since Jul 29, 2020	0.34

The correlation between ASGI and IQSE.DE shifts across timeframes, from 0.25 (1 year) to 0.37 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

ASGI vs. IQSE.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ASGI

ASGI Risk / Return Rank: 36
ASGI Sharpe Ratio Rank: 39
ASGI Sortino Ratio Rank: 35
ASGI Omega Ratio Rank: 39
ASGI Calmar Ratio Rank: 35
ASGI Martin Ratio Rank: 31

IQSE.DE

IQSE.DE Risk / Return Rank: 87
IQSE.DE Sharpe Ratio Rank: 87
IQSE.DE Sortino Ratio Rank: 90
IQSE.DE Omega Ratio Rank: 86
IQSE.DE Calmar Ratio Rank: 84
IQSE.DE Martin Ratio Rank: 89

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ASGI vs. IQSE.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Abrdn Global Infrastructure Income Fund (ASGI) and Invesco Global Active ESG Equity UCITS ETF EUR PfHedged Acc (IQSE.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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	ASGI	IQSE.DE	Difference
Sharpe ratio: Return per unit of total volatility	1.44	1.67	-0.23
Sortino ratio: Return per unit of downside risk	1.94	2.53	-0.59
Omega ratio: Gain probability vs. loss probability	1.26	1.29	-0.03
Calmar ratio: Return relative to maximum drawdown	1.84	2.26	-0.42
Martin ratio: Return relative to average drawdown	5.70	9.06	-3.36

ASGI vs. IQSE.DE - Sharpe Ratio Comparison

The current ASGI Sharpe Ratio is 1.44, which is comparable to the IQSE.DE Sharpe Ratio of 1.67. The chart below compares the historical Sharpe Ratios of ASGI and IQSE.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ASGI vs. IQSE.DE - Drawdown Comparison

The maximum ASGI drawdown since its inception was -23.71%, smaller than the maximum IQSE.DE drawdown of -35.60%. Use the drawdown chart below to compare losses from any high point for ASGI and IQSE.DE.

Drawdown Indicators

	ASGI	IQSE.DE	Difference
Max Drawdown Largest peak-to-trough decline	-23.71%	-35.60%	+11.89%
Max Drawdown (1Y) Largest decline over 1 year	-15.15%	-11.16%	-3.99%
Max Drawdown (3Y) Largest decline over 3 years	-16.24%	-15.26%	-0.98%
Max Drawdown (5Y) Largest decline over 5 years	-22.49%	-35.60%	+13.11%
Current Drawdown Current decline from peak	-2.08%	-2.09%	+0.01%
Average Drawdown Average peak-to-trough decline	-5.97%	-6.82%	+0.85%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.89%	2.79%	+2.10%

Volatility

ASGI vs. IQSE.DE - Volatility Comparison

Abrdn Global Infrastructure Income Fund (ASGI) has a higher volatility of 5.19% compared to Invesco Global Active ESG Equity UCITS ETF EUR PfHedged Acc (IQSE.DE) at 3.86%. This indicates that ASGI's price experiences larger fluctuations and is considered to be riskier than IQSE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ASGI	IQSE.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.19%	3.86%	+1.33%
Volatility (6M) Calculated over the trailing 6-month period	16.81%	12.30%	+4.51%
Volatility (1Y) Calculated over the trailing 1-year period	19.43%	15.12%	+4.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.85%	18.94%	-2.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.53%	20.42%	-2.89%

ASGI vs. IQSE.DE - Expense Ratio Comparison

ASGI has a 1.65% expense ratio, which is higher than IQSE.DE's 0.30% expense ratio.

Dividends

ASGI vs. IQSE.DE - Dividend Comparison

ASGI's dividend yield for the trailing twelve months is around 10.88%, while IQSE.DE has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020
ASGI Abrdn Global Infrastructure Income Fund	10.88%	10.96%	12.84%	8.03%	8.25%	6.33%	1.76%
IQSE.DE Invesco Global Active ESG Equity UCITS ETF EUR PfHedged Acc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ASGI and IQSE.DE in my portfolio?

ASGI and IQSE.DE have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.