FAEU.DE vs. IQSA.DE
FAEU.DE (Invesco US High Yield Fallen Angels UCITS ETF (EUR Hdg)) and IQSA.DE (Invesco Global Active ESG Equity UCITS ETF USD Acc) are both exchange-traded funds - FAEU.DE is a High Yield Bonds fund tracking the FTSE Time-Weighted US Fallen Angel Bond Select Index, while IQSA.DE is a Global Equities fund actively managed by Invesco. FAEU.DE is passively managed, while IQSA.DE is actively managed. Over the past 5 years, FAEU.DE returned 0.19%/yr vs 15.34%/yr for IQSA.DE. A 0.51 correlation means they provide meaningful diversification when combined. FAEU.DE charges 0.50%/yr vs 0.30%/yr for IQSA.DE.
Performance
FAEU.DE vs. IQSA.DE - Performance Comparison
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Returns By Period
In the year-to-date period, FAEU.DE achieves a 0.54% return, which is significantly lower than IQSA.DE's 18.17% return.
FAEU.DE
- 1D
- 0.04%
- 1M
- 0.87%
- 6M
- 0.61%
- YTD
- 0.54%
- 1Y
- 3.10%
- 3Y*
- 5.35%
- 5Y*
- 0.19%
- 10Y*
- —
IQSA.DE
- 1D
- 0.41%
- 1M
- 2.82%
- 6M
- 18.46%
- YTD
- 18.17%
- 1Y
- 32.16%
- 3Y*
- 21.64%
- 5Y*
- 15.34%
- 10Y*
- —
FAEU.DE vs. IQSA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
FAEU.DE Invesco US High Yield Fallen Angels UCITS ETF (EUR Hdg) | 0.54% | 7.55% | 2.62% | 7.66% | -16.29% | 4.49% | 6.43% | 1.21% |
IQSA.DE Invesco Global Active ESG Equity UCITS ETF USD Acc | 18.17% | 9.64% | 29.92% | 20.23% | -9.31% | 35.68% | 0.13% | -2.66% |
Correlation
The correlation between FAEU.DE and IQSA.DE is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.44 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.41 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.49 |
Correlation (All Time) Calculated using the full available price history since Jul 30, 2019 | 0.51 |
The correlation between FAEU.DE and IQSA.DE has been stable across timeframes, ranging from 0.41 to 0.51 - a consistent structural relationship.
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Return for Risk
FAEU.DE vs. IQSA.DE — Risk / Return Rank
FAEU.DE
IQSA.DE
FAEU.DE vs. IQSA.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco US High Yield Fallen Angels UCITS ETF (EUR Hdg) (FAEU.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.
| FAEU.DE | IQSA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.99 | ||
| Sortino ratioReturn per unit of downside risk | -2.79 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.47 | -0.35 |
| Calmar ratioReturn relative to maximum drawdown | 0.57 | 5.16 | -4.59 |
| Martin ratioReturn relative to average drawdown | 1.87 | 21.31 | -19.43 |
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Drawdowns
FAEU.DE vs. IQSA.DE - Drawdown Comparison
The maximum FAEU.DE drawdown since its inception was -29.94%, smaller than the maximum IQSA.DE drawdown of -34.12%. Use the drawdown chart below to compare losses from any high point for FAEU.DE and IQSA.DE.
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Drawdown Indicators
| FAEU.DE | IQSA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.94% | -34.12% | +4.18% |
Max Drawdown (1Y)Largest decline over 1 year | -5.38% | -6.20% | +0.82% |
Max Drawdown (3Y)Largest decline over 3 years | -5.63% | -21.35% | +15.72% |
Max Drawdown (5Y)Largest decline over 5 years | -19.80% | -21.35% | +1.55% |
Current DrawdownCurrent decline from peak | -1.17% | -0.65% | -0.52% |
Average DrawdownAverage peak-to-trough decline | -6.40% | -4.76% | -1.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.65% | 1.51% | +0.14% |
Volatility
FAEU.DE vs. IQSA.DE - Volatility Comparison
The current volatility for Invesco US High Yield Fallen Angels UCITS ETF (EUR Hdg) (FAEU.DE) is 1.15%, while Invesco Global Active ESG Equity UCITS ETF USD Acc (IQSA.DE) has a volatility of 3.46%. This indicates that FAEU.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
| FAEU.DE | IQSA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.15% | 3.46% | -2.31% |
Volatility (6M)Calculated over the trailing 6-month period | 4.29% | 9.12% | -4.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.28% | 12.47% | -7.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.44% | 14.76% | -7.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.55% | 17.21% | -6.66% |
FAEU.DE vs. IQSA.DE - Expense Ratio Comparison
FAEU.DE has a 0.50% expense ratio, which is higher than IQSA.DE's 0.30% expense ratio.
Dividends
FAEU.DE vs. IQSA.DE - Dividend Comparison
Neither FAEU.DE nor IQSA.DE has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
FAEU.DE Invesco US High Yield Fallen Angels UCITS ETF (EUR Hdg) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.05% | 0.00% | 8.14% |
IQSA.DE Invesco Global Active ESG Equity UCITS ETF USD Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
FAEU.DE and IQSA.DE have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IQSA.DE is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IQSA.DE is cheaper with a 0.30% expense ratio, compared with 0.50% for FAEU.DE.
FAEU.DE is categorized as High Yield Bonds, while IQSA.DE is Global Equities. Their fees differ too: 0.50% for FAEU.DE and 0.30% for IQSA.DE.
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