ESGS.L vs. XWQS.L
ESGS.L (Invesco MSCI USA Universal Screened UCITS ETF USD (Acc)) and XWQS.L (Xtrackers MSCI World Quality ESG UCITS ETF 1C) are both exchange-traded funds - ESGS.L is a US Equities fund tracking the MSCI USA Universal Select Business Screens Index, while XWQS.L is a ESG fund tracking the MSCI World Quality Low Carbon SRI Screened Select Index. Both are passively managed. Over the past 3 years, ESGS.L returned 18.03%/yr vs 18.11%/yr for XWQS.L. Their correlation of 0.89 suggests significant overlap in exposure. ESGS.L charges 0.09%/yr vs 0.25%/yr for XWQS.L.
Performance
ESGS.L vs. XWQS.L - Performance Comparison
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Different Trading Currencies
ESGS.L is traded in GBp, while XWQS.L is traded in GBP. To make them comparable, the XWQS.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, ESGS.L achieves a 10.00% return, which is significantly lower than XWQS.L's 12.26% return.
ESGS.L
- 1D
- -0.94%
- 1M
- -1.50%
- 6M
- 8.24%
- YTD
- 10.00%
- 1Y
- 19.87%
- 3Y*
- 18.03%
- 5Y*
- 12.32%
- 10Y*
- —
XWQS.L
- 1D
- 0.00%
- 1M
- 1.28%
- 6M
- 8.25%
- YTD
- 12.26%
- 1Y
- 26.75%
- 3Y*
- 18.11%
- 5Y*
- —
- 10Y*
- —
ESGS.L vs. XWQS.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
ESGS.L Invesco MSCI USA Universal Screened UCITS ETF USD (Acc) | 10.00% | 7.44% | 26.67% | 9.34% |
XWQS.L Xtrackers MSCI World Quality ESG UCITS ETF 1C | 12.26% | 9.12% | 20.95% | -12.78% |
Correlation
The correlation between ESGS.L and XWQS.L is 0.83, 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 | 0.83 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.90 |
Correlation (All Time) Calculated using the full available price history since Jul 5, 2023 | 0.89 |
The correlation between ESGS.L and XWQS.L has been stable across timeframes, ranging from 0.83 to 0.90 - a consistent structural relationship.
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Return for Risk
ESGS.L vs. XWQS.L — Risk / Return Rank
ESGS.L
XWQS.L
ESGS.L vs. XWQS.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco MSCI USA Universal Screened UCITS ETF USD (Acc) (ESGS.L) and Xtrackers MSCI World Quality ESG UCITS ETF 1C (XWQS.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.
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.
| ESGS.L | XWQS.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.10 | ||
| Sortino ratioReturn per unit of downside risk | +1.09 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.40 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 2.42 | 1.04 | +1.38 |
| Martin ratioReturn relative to average drawdown | 8.32 | 1.53 | +6.79 |
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Drawdowns
ESGS.L vs. XWQS.L - Drawdown Comparison
The maximum ESGS.L drawdown since its inception was -29.04%, which is greater than XWQS.L's maximum drawdown of -25.70%. Use the drawdown chart below to compare losses from any high point for ESGS.L and XWQS.L.
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Drawdown Indicators
| ESGS.L | XWQS.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.04% | -25.70% | -3.34% |
Max Drawdown (1Y)Largest decline over 1 year | -8.16% | -25.70% | +17.54% |
Max Drawdown (3Y)Largest decline over 3 years | -21.65% | -25.70% | +4.05% |
Max Drawdown (5Y)Largest decline over 5 years | -21.65% | — | — |
Current DrawdownCurrent decline from peak | -2.89% | -13.30% | +10.41% |
Average DrawdownAverage peak-to-trough decline | -6.91% | -11.33% | +4.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.38% | 17.48% | -15.10% |
Volatility
ESGS.L vs. XWQS.L - Volatility Comparison
Invesco MSCI USA Universal Screened UCITS ETF USD (Acc) (ESGS.L) has a higher volatility of 3.66% compared to Xtrackers MSCI World Quality ESG UCITS ETF 1C (XWQS.L) at 3.38%. This indicates that ESGS.L's price experiences larger fluctuations and is considered to be riskier than XWQS.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ESGS.L | XWQS.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.66% | 3.38% | +0.28% |
Volatility (6M)Calculated over the trailing 6-month period | 8.60% | 8.49% | +0.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.59% | 43.31% | -31.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.35% | 30.20% | -9.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.41% | 30.20% | -8.79% |
ESGS.L vs. XWQS.L - Expense Ratio Comparison
ESGS.L has a 0.09% expense ratio, which is lower than XWQS.L's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
ESGS.L vs. XWQS.L - Dividend Comparison
Neither ESGS.L nor XWQS.L has paid dividends to shareholders.
Frequently Asked Questions
ESGS.L and XWQS.L have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ESGS.L is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ESGS.L is cheaper with a 0.09% expense ratio, compared with 0.25% for XWQS.L.
ESGS.L is categorized as US Equities, while XWQS.L is ESG. ESGS.L tracks MSCI USA Universal Select Business Screens Index, while XWQS.L tracks MSCI World Quality Low Carbon SRI Screened Select Index. They also come from different issuers: Invesco and Xtrackers. Their fees differ too: 0.09% for ESGS.L and 0.25% for XWQS.L.
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