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FTLB vs. IQSA.L
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


FTLBIQSA.L

Correlation

-0.50.00.51.00.4

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.


0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember0
12.25%
FTLB
IQSA.L

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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.


FTLB
First Trust Hedged BuyWrite Income ETF
Expense ratio chart for FTLB: current value at 0.85% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.85%
Expense ratio chart for IQSA.L: current value at 0.30% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.30%

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.


FTLB
Sharpe ratio
The chart of Sharpe ratio for FTLB, currently valued at 1.25, compared to the broader market-2.000.002.004.006.001.25
Sortino ratio
The chart of Sortino ratio for FTLB, currently valued at 1.92, compared to the broader market0.005.0010.001.92
Omega ratio
The chart of Omega ratio for FTLB, currently valued at 1.57, compared to the broader market1.001.502.002.503.001.57
Calmar ratio
The chart of Calmar ratio for FTLB, currently valued at 0.20, compared to the broader market0.005.0010.0015.000.20
Martin ratio
The chart of Martin ratio for FTLB, currently valued at 16.51, compared to the broader market0.0020.0040.0060.0080.00100.00120.0016.51
IQSA.L
Sharpe ratio
The chart of Sharpe ratio for IQSA.L, currently valued at 3.02, compared to the broader market-2.000.002.004.006.003.02
Sortino ratio
The chart of Sortino ratio for IQSA.L, currently valued at 4.06, compared to the broader market0.005.0010.004.06
Omega ratio
The chart of Omega ratio for IQSA.L, currently valued at 1.55, compared to the broader market1.001.502.002.503.001.55
Calmar ratio
The chart of Calmar ratio for IQSA.L, currently valued at 4.23, compared to the broader market0.005.0010.0015.004.23
Martin ratio
The chart of Martin ratio for IQSA.L, currently valued at 17.88, compared to the broader market0.0020.0040.0060.0080.00100.00120.0017.88

FTLB vs. IQSA.L - Sharpe Ratio Comparison


Rolling 12-month Sharpe Ratio0.001.002.003.004.00JuneJulyAugustSeptemberOctoberNovember
1.25
3.02
FTLB
IQSA.L

Dividends

FTLB vs. IQSA.L - Dividend Comparison

Neither FTLB nor IQSA.L has paid dividends to shareholders.


TTM2023202220212020201920182017201620152014
FTLB
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%
IQSA.L
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


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-12.00%
0
FTLB
IQSA.L

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.


0.00%1.00%2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember0
2.93%
FTLB
IQSA.L