ASRW.DE vs. IQSA.DE
ASRW.DE (BNP Paribas Easy MSCI World Min TE UCITS ETF USD Acc) and IQSA.DE (Invesco Global Active ESG Equity UCITS ETF USD Acc) are both exchange-traded funds - ASRW.DE is a ESG fund tracking the MSCI World Select Filtered Min TE Index, while IQSA.DE is a Global Equities fund actively managed by Invesco. ASRW.DE is passively managed, while IQSA.DE is actively managed. Over the past year, ASRW.DE returned 22.06% vs 30.70% for IQSA.DE. Their correlation of 0.90 suggests significant overlap in exposure. ASRW.DE charges 0.16%/yr vs 0.30%/yr for IQSA.DE.
Performance
ASRW.DE vs. IQSA.DE - Performance Comparison
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Different Trading Currencies
ASRW.DE is traded in USD, while IQSA.DE is traded in EUR. To make them comparable, the IQSA.DE values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, ASRW.DE achieves a 9.92% return, which is significantly lower than IQSA.DE's 15.36% return.
ASRW.DE
- 1D
- 0.15%
- 1M
- 0.33%
- 6M
- 9.28%
- YTD
- 9.92%
- 1Y
- 22.06%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IQSA.DE
- 1D
- 0.03%
- 1M
- 0.50%
- 6M
- 14.42%
- YTD
- 15.36%
- 1Y
- 30.70%
- 3Y*
- 23.14%
- 5Y*
- 14.61%
- 10Y*
- —
ASRW.DE vs. IQSA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
ASRW.DE BNP Paribas Easy MSCI World Min TE UCITS ETF USD Acc | 9.92% | 20.73% | 10.39% |
IQSA.DE Invesco Global Active ESG Equity UCITS ETF USD Acc | 15.36% | 23.77% | 6.86% |
Correlation
The correlation between ASRW.DE and IQSA.DE is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.90 |
Correlation (All Time) Calculated using the full available price history since May 30, 2024 | 0.90 |
The correlation between ASRW.DE and IQSA.DE has been stable across timeframes, ranging from 0.90 to 0.90 - a consistent structural relationship.
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Return for Risk
ASRW.DE vs. IQSA.DE — Risk / Return Rank
ASRW.DE
IQSA.DE
ASRW.DE vs. IQSA.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BNP Paribas Easy MSCI World Min TE UCITS ETF USD Acc (ASRW.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.
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.
| ASRW.DE | IQSA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.54 | ||
| Sortino ratioReturn per unit of downside risk | -0.74 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.40 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 2.57 | 3.57 | -1.00 |
| Martin ratioReturn relative to average drawdown | 10.55 | 15.10 | -4.55 |
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Drawdowns
ASRW.DE vs. IQSA.DE - Drawdown Comparison
The maximum ASRW.DE drawdown since its inception was -16.82%, smaller than the maximum IQSA.DE drawdown of -35.11%. Use the drawdown chart below to compare losses from any high point for ASRW.DE and IQSA.DE.
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Drawdown Indicators
| ASRW.DE | IQSA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.82% | -35.11% | +18.29% |
Max Drawdown (1Y)Largest decline over 1 year | -8.56% | -8.57% | +0.01% |
Max Drawdown (3Y)Largest decline over 3 years | — | -17.81% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.61% | — |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -1.72% | -5.37% | +3.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.09% | 2.03% | +0.06% |
Volatility
ASRW.DE vs. IQSA.DE - Volatility Comparison
The current volatility for BNP Paribas Easy MSCI World Min TE UCITS ETF USD Acc (ASRW.DE) is 2.73%, while Invesco Global Active ESG Equity UCITS ETF USD Acc (IQSA.DE) has a volatility of 3.45%. This indicates that ASRW.DE experiences smaller price fluctuations and is considered to be less risky 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
| ASRW.DE | IQSA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.73% | 3.45% | -0.72% |
Volatility (6M)Calculated over the trailing 6-month period | 9.96% | 10.32% | -0.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.49% | 13.29% | -0.80% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.34% | 16.15% | -1.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.34% | 18.22% | -3.88% |
ASRW.DE vs. IQSA.DE - Expense Ratio Comparison
ASRW.DE has a 0.16% expense ratio, which is lower than IQSA.DE's 0.30% expense ratio.
Dividends
ASRW.DE vs. IQSA.DE - Dividend Comparison
Neither ASRW.DE nor IQSA.DE has paid dividends to shareholders.
Frequently Asked Questions
ASRW.DE and IQSA.DE have a correlation of 0.90, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ASRW.DE is cheaper at 0.16% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ASRW.DE is cheaper with a 0.16% expense ratio, compared with 0.30% for IQSA.DE.
ASRW.DE is categorized as ESG, while IQSA.DE is Global Equities. They also come from different issuers: BNP Paribas and Invesco. Their fees differ too: 0.16% for ASRW.DE and 0.30% for IQSA.DE.
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