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EQSG.L vs. IUMD.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

EQSG.L vs. IUMD.L

Last updated Jun 5, 2026

EQSG.L (Invesco Nasdaq-100 Swap UCITS ETF Acc) and IUMD.L (iShares Edge MSCI USA Momentum Factor UCITS ETF USD (Dist)) are both exchange-traded funds - EQSG.L is a Nasdaq-100 fund tracking the Russell 1000 Growth TR USD, while IUMD.L is a Momentum fund tracking the MSCI USA Momentum Index. Both are passively managed. Over the past 5 years, EQSG.L returned 19.08%/yr vs 15.32%/yr for IUMD.L. A 0.73 correlation means they provide meaningful diversification when combined. Both charge a 0.20% expense ratio.

Performance

EQSG.L vs. IUMD.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Invesco Nasdaq-100 Swap UCITS ETF Acc (EQSG.L) and iShares Edge MSCI USA Momentum Factor UCITS ETF USD (Dist) (IUMD.L). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

EQSG.L is traded in GBp, while IUMD.L is traded in USD. To make them comparable, the IUMD.L values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, EQSG.L achieves a 19.91% return, which is significantly lower than IUMD.L's 29.98% return.

EQSG.L

1D
-0.75%
1M
8.13%
YTD
19.91%
6M
17.66%
1Y
41.07%
3Y*
24.92%
5Y*
19.08%
10Y*
—

IUMD.L

1D
-1.92%
1M
13.00%
YTD
29.98%
6M
28.82%
1Y
40.75%
3Y*
28.88%
5Y*
15.32%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

EQSG.L vs. IUMD.L - Yearly Performance Comparison

2026 (YTD)20252024202320222021
EQSG.L
Invesco Nasdaq-100 Swap UCITS ETF Acc		19.91%11.73%28.75%48.14%-25.92%32.20%
IUMD.L
iShares Edge MSCI USA Momentum Factor UCITS ETF USD (Dist)		29.94%8.79%35.02%4.29%-8.40%18.48%

Correlation

The correlation between EQSG.L and IUMD.L is 0.80, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.80

Correlation (3Y)
Calculated over the trailing 3-year period

0.83

Correlation (5Y)
Calculated over the trailing 5-year period

0.72

Correlation (All Time)
Calculated using the full available price history since Mar 26, 2021

0.73

The correlation between EQSG.L and IUMD.L shifts across timeframes, from 0.72 (5 years) to 0.83 (3 years), reflecting how their relationship changes across market environments.

EQSG.L vs. IUMD.L - Sectors Allocation Comparison

Sectors
EQSG.L
IUMD.L

Technology

53.7%
42.9%

Communication Services

15.8%
6.7%

Consumer Cyclical

12.2%
5.1%

Consumer Defensive

7.7%
2.2%

Healthcare

4.2%
9.6%

Industrials

3.1%
19.2%

Utilities

1.4%
1.5%

Basic Materials

1.1%
1.9%

Energy

0.6%
2.5%

Financial Services

0.2%
7.3%

Real Estate

0.1%
1.1%

Technology

EQSG.L
53.7%
IUMD.L
42.9%

Communication Services

EQSG.L
15.8%
IUMD.L
6.7%

Consumer Cyclical

EQSG.L
12.2%
IUMD.L
5.1%

Consumer Defensive

EQSG.L
7.7%
IUMD.L
2.2%

Healthcare

EQSG.L
4.2%
IUMD.L
9.6%

Industrials

EQSG.L
3.1%
IUMD.L
19.2%

Utilities

EQSG.L
1.4%
IUMD.L
1.5%

Basic Materials

EQSG.L
1.1%
IUMD.L
1.9%

Energy

EQSG.L
0.6%
IUMD.L
2.5%

Financial Services

EQSG.L
0.2%
IUMD.L
7.3%

Real Estate

EQSG.L
0.1%
IUMD.L
1.1%

Compare stocks, funds, or ETFs

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Invesco Nasdaq-100 Swap UCITS ETF Acc

iShares Edge MSCI USA Momentum Factor UCITS ETF USD (Dist)

Often compared with EQSG.L:
EQSG.L vs. QQQMEQSG.L vs. EQQQ.LEQSG.L vs. QQQEQSG.L vs. NESP.LEQSG.L vs. CNX1.LEQSG.L vs. XNAQ.LEQSG.L vs. XLKQ.L
Often compared with IUMD.L:
IUMD.L vs. IUMF.LIUMD.L vs. IWFM.LIUMD.L vs. JMOMIUMD.L vs. SPMOIUMD.L vs. SCHGIUMD.L vs. IITU.LIUMD.L vs. NESG.L

Return for Risk

EQSG.L vs. IUMD.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
EQSG.L
EQSG.L Risk / Return Rank: 3737
Overall Rank
EQSG.L Sharpe Ratio Rank: 2727
Sharpe Ratio Rank
EQSG.L Sortino Ratio Rank: 3333
Sortino Ratio Rank
EQSG.L Omega Ratio Rank: 7979
Omega Ratio Rank
EQSG.L Calmar Ratio Rank: 2828
Calmar Ratio Rank
EQSG.L Martin Ratio Rank: 2020
Martin Ratio Rank
IUMD.L
IUMD.L Risk / Return Rank: 6767
Overall Rank
IUMD.L Sharpe Ratio Rank: 6161
Sharpe Ratio Rank
IUMD.L Sortino Ratio Rank: 6565
Sortino Ratio Rank
IUMD.L Omega Ratio Rank: 6060
Omega Ratio Rank
IUMD.L Calmar Ratio Rank: 7474
Calmar Ratio Rank
IUMD.L Martin Ratio Rank: 7777
Martin Ratio Rank
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.

EQSG.L vs. IUMD.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Nasdaq-100 Swap UCITS ETF Acc (EQSG.L) and iShares Edge MSCI USA Momentum Factor UCITS ETF USD (Dist) (IUMD.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.

EQSG.LIUMD.LDifference
Sharpe ratioReturn per unit of total volatility
0.94
2.13

-1.19

Sortino ratioReturn per unit of downside risk
1.73
3.00

-1.28

Omega ratioGain probability vs. loss probability

1.47

1.38

+0.09

Calmar ratioReturn relative to maximum drawdown

1.36

4.37

-3.01

Martin ratioReturn relative to average drawdown

2.21

13.69

-11.48

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EQSG.L vs. IUMD.L - Sharpe Ratio Comparison

The current EQSG.L Sharpe Ratio is 0.94, which is lower than the IUMD.L Sharpe Ratio of 2.13. The chart below compares the historical Sharpe Ratios of EQSG.L and IUMD.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

EQSG.LIUMD.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.94

2.13

-1.19

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.54

0.80

-0.26

Sharpe Ratio (All Time)

Calculated using the full available price history

0.55

0.75

-0.20

Drawdowns

EQSG.L vs. IUMD.L - Drawdown Comparison

The maximum EQSG.L drawdown since its inception was -31.87%, which is greater than IUMD.L's maximum drawdown of -25.72%. Use the drawdown chart below to compare losses from any high point for EQSG.L and IUMD.L.

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Drawdown Indicators

EQSG.LIUMD.LDifference

Max Drawdown

Largest peak-to-trough decline

-31.87%

-25.72%

-6.15%

Max Drawdown (1Y)

Largest decline over 1 year

-30.73%

-9.29%

-21.44%

Max Drawdown (3Y)

Largest decline over 3 years

-31.87%

-22.43%

-9.44%

Max Drawdown (5Y)

Largest decline over 5 years

-31.87%

-24.39%

-7.48%

Current Drawdown

Current decline from peak

-10.55%

-1.92%

-8.63%

Average Drawdown

Average peak-to-trough decline

-13.16%

-7.26%

-5.90%

Ulcer Index

Depth and duration of drawdowns from previous peaks

18.86%

2.97%

+15.89%

Volatility

EQSG.L vs. IUMD.L - Volatility Comparison

The current volatility for Invesco Nasdaq-100 Swap UCITS ETF Acc (EQSG.L) is 4.19%, while iShares Edge MSCI USA Momentum Factor UCITS ETF USD (Dist) (IUMD.L) has a volatility of 8.53%. This indicates that EQSG.L experiences smaller price fluctuations and is considered to be less risky than IUMD.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

EQSG.LIUMD.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.19%

8.53%

-4.34%

Volatility (6M)

Calculated over the trailing 6-month period

10.27%

16.19%

-5.92%

Volatility (1Y)

Calculated over the trailing 1-year period

44.57%

19.09%

+25.48%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

35.45%

19.18%

+16.27%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

34.99%

20.18%

+14.81%

EQSG.L vs. IUMD.L - Expense Ratio Comparison

Both EQSG.L and IUMD.L have an expense ratio of 0.20%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

EQSG.L vs. IUMD.L - Dividend Comparison

EQSG.L has not paid dividends to shareholders, while IUMD.L's dividend yield for the trailing twelve months is around 0.67%.

PositionTTM20252024202320222021202020192018
EQSG.L
Invesco Nasdaq-100 Swap UCITS ETF Acc		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
IUMD.L
iShares Edge MSCI USA Momentum Factor UCITS ETF USD (Dist)		0.67%0.87%0.50%1.14%1.41%0.40%0.67%1.13%0.85%

Frequently Asked Questions

EQSG.L and IUMD.L have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Both ETFs have the same 0.20% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

EQSG.L and IUMD.L have the same expense ratio: 0.20% per year.

EQSG.L is categorized as Nasdaq-100, while IUMD.L is Momentum. EQSG.L tracks Russell 1000 Growth TR USD, while IUMD.L tracks MSCI USA Momentum Index. They also come from different issuers: Invesco and iShares.

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