FTLB vs. IQSA.L
Compare and contrast key facts about First Trust Hedged BuyWrite Income ETF (FTLB) and Invesco Quantitative Strategies ESG Global Equity Multi-Factor UCITS ETF Acc (IQSA.L).
FTLB and IQSA.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FTLB is an actively managed fund by First Trust. It was launched on Jan 6, 2014. IQSA.L is a passively managed fund by Invesco that tracks the performance of the MSCI ACWI NR USD. It was launched on Jul 30, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FTLB or IQSA.L.
Key characteristics
FTLB | IQSA.L |
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Correlation
The correlation between FTLB and IQSA.L is 0.42, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FTLB vs. IQSA.L - Performance Comparison
The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FTLB vs. IQSA.L - Expense Ratio Comparison
FTLB has a 0.85% expense ratio, which is higher than IQSA.L's 0.30% expense ratio.
Risk-Adjusted Performance
FTLB vs. IQSA.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Hedged BuyWrite Income ETF (FTLB) and Invesco Quantitative Strategies ESG Global Equity Multi-Factor UCITS ETF Acc (IQSA.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.
Dividends
FTLB vs. IQSA.L - Dividend Comparison
Neither FTLB nor IQSA.L has paid dividends to shareholders.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|
First Trust Hedged BuyWrite Income ETF | 7.86% | 11.49% | 9.85% | 3.05% | 3.27% | 2.95% | 1.82% | 2.74% | 3.02% | 1.20% | 3.30% |
Invesco Quantitative Strategies ESG Global Equity Multi-Factor UCITS ETF Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FTLB vs. IQSA.L - Drawdown Comparison
Volatility
FTLB vs. IQSA.L - Volatility Comparison
The current volatility for First Trust Hedged BuyWrite Income ETF (FTLB) is 0.00%, while Invesco Quantitative Strategies ESG Global Equity Multi-Factor UCITS ETF Acc (IQSA.L) has a volatility of 2.93%. This indicates that FTLB experiences smaller price fluctuations and is considered to be less risky than IQSA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.