G1CE.DE vs. IQQH.DE
G1CE.DE (Invesco Global Clean Energy UCITS ETF Acc) and IQQH.DE (iShares Global Clean Energy UCITS ETF USD (Dist)) are both Energy Equities funds - G1CE.DE tracks the WilderHill New Energy Global Innovation while IQQH.DE tracks the S&P Global Clean Energy. Both are passively managed. Over the past 5 years, G1CE.DE returned -3.72%/yr vs 2.58%/yr for IQQH.DE. Their correlation of 0.85 suggests significant overlap in exposure. G1CE.DE charges 0.60%/yr vs 0.65%/yr for IQQH.DE.
Performance
G1CE.DE vs. IQQH.DE - Performance Comparison
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Returns By Period
In the year-to-date period, G1CE.DE achieves a 36.05% return, which is significantly lower than IQQH.DE's 39.28% return.
G1CE.DE
- 1D
- -1.30%
- 1M
- 3.20%
- YTD
- 36.05%
- 6M
- 37.56%
- 1Y
- 83.69%
- 3Y*
- 5.16%
- 5Y*
- -3.72%
- 10Y*
- —
IQQH.DE
- 1D
- -1.81%
- 1M
- 8.24%
- YTD
- 39.28%
- 6M
- 36.90%
- 1Y
- 77.84%
- 3Y*
- 5.37%
- 5Y*
- 2.58%
- 10Y*
- 11.71%
G1CE.DE vs. IQQH.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
G1CE.DE Invesco Global Clean Energy UCITS ETF Acc | 36.05% | 27.39% | -22.23% | -13.46% | -25.42% | -5.12% |
IQQH.DE iShares Global Clean Energy UCITS ETF USD (Dist) | 39.28% | 29.83% | -21.49% | -22.15% | 0.84% | 3.01% |
Correlation
The correlation between G1CE.DE and IQQH.DE is 0.79, 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 | 0.79 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.81 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.84 |
Correlation (All Time) Calculated using the full available price history since Mar 8, 2021 | 0.85 |
The correlation between G1CE.DE and IQQH.DE has been stable across timeframes, ranging from 0.79 to 0.85 - a consistent structural relationship.
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Return for Risk
G1CE.DE vs. IQQH.DE — Risk / Return Rank
G1CE.DE
IQQH.DE
G1CE.DE vs. IQQH.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Global Clean Energy UCITS ETF Acc (G1CE.DE) and iShares Global Clean Energy UCITS ETF USD (Dist) (IQQH.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.
| G1CE.DE | IQQH.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.70 | ||
| Sortino ratioReturn per unit of downside risk | +0.49 | ||
| Omega ratioGain probability vs. loss probability | 1.61 | 1.50 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 7.99 | 6.29 | +1.70 |
| Martin ratioReturn relative to average drawdown | 28.31 | 19.88 | +8.42 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| G1CE.DE | IQQH.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.88 | 3.18 | +0.70 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.14 | 0.10 | -0.24 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.46 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.13 | -0.01 | -0.12 |
Drawdowns
G1CE.DE vs. IQQH.DE - Drawdown Comparison
The maximum G1CE.DE drawdown since its inception was -68.84%, smaller than the maximum IQQH.DE drawdown of -86.09%. Use the drawdown chart below to compare losses from any high point for G1CE.DE and IQQH.DE.
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Drawdown Indicators
| G1CE.DE | IQQH.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.84% | -86.09% | +17.25% |
Max Drawdown (1Y)Largest decline over 1 year | -10.42% | -12.32% | +1.90% |
Max Drawdown (3Y)Largest decline over 3 years | -52.75% | -44.74% | -8.01% |
Max Drawdown (5Y)Largest decline over 5 years | -68.84% | -57.70% | -11.14% |
Max Drawdown (10Y)Largest decline over 10 years | — | -63.78% | — |
Current DrawdownCurrent decline from peak | -27.70% | -24.01% | -3.69% |
Average DrawdownAverage peak-to-trough decline | -38.48% | -59.78% | +21.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.95% | 3.90% | -0.95% |
Volatility
G1CE.DE vs. IQQH.DE - Volatility Comparison
The current volatility for Invesco Global Clean Energy UCITS ETF Acc (G1CE.DE) is 8.41%, while iShares Global Clean Energy UCITS ETF USD (Dist) (IQQH.DE) has a volatility of 9.79%. This indicates that G1CE.DE experiences smaller price fluctuations and is considered to be less risky than IQQH.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| G1CE.DE | IQQH.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.41% | 9.79% | -1.38% |
Volatility (6M)Calculated over the trailing 6-month period | 14.61% | 18.31% | -3.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.47% | 24.37% | -2.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.14% | 24.69% | +1.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.36% | 25.08% | +1.28% |
G1CE.DE vs. IQQH.DE - Expense Ratio Comparison
G1CE.DE has a 0.60% expense ratio, which is lower than IQQH.DE's 0.65% expense ratio.
Dividends
G1CE.DE vs. IQQH.DE - Dividend Comparison
G1CE.DE has not paid dividends to shareholders, while IQQH.DE's dividend yield for the trailing twelve months is around 0.94%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
G1CE.DE Invesco Global Clean Energy 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% | 0.00% |
IQQH.DE iShares Global Clean Energy UCITS ETF USD (Dist) | 0.94% | 1.53% | 1.32% | 1.23% | 0.83% | 1.23% | 0.56% | 2.89% | 3.30% | 4.82% | 4.72% | 2.86% |
Frequently Asked Questions
G1CE.DE and IQQH.DE have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, G1CE.DE is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.
G1CE.DE is cheaper with a 0.60% expense ratio, compared with 0.65% for IQQH.DE.
G1CE.DE tracks WilderHill New Energy Global Innovation, while IQQH.DE tracks S&P Global Clean Energy. They also come from different issuers: Invesco and iShares. Their fees differ too: 0.60% for G1CE.DE and 0.65% for IQQH.DE.
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