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IDHQ vs. EFG
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IDHQ vs. EFG

Last updated Jun 9, 2026

IDHQ (Invesco S&P International Developed High Quality ETF) and EFG (iShares MSCI EAFE Growth ETF) are both Foreign Large Cap Equities funds - IDHQ tracks the IDHQ-US - S&P Quality Developed Ex-U.S. LargeMidCap Index while EFG tracks the MSCI EAFE Growth Index. Both are passively managed. Over the past 10 years, IDHQ returned 10.00%/yr vs 8.09%/yr for EFG. Their correlation of 0.83 suggests significant overlap in exposure. IDHQ charges 0.29%/yr vs 0.40%/yr for EFG.

Performance

IDHQ vs. EFG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco S&P International Developed High Quality ETF (IDHQ) and iShares MSCI EAFE Growth ETF (EFG). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, IDHQ achieves a 15.58% return, which is significantly higher than EFG's 6.44% return. Over the past 10 years, IDHQ has outperformed EFG with an annualized return of 10.00%, while EFG has yielded a comparatively lower 8.09% annualized return.

IDHQ

1D
2.46%
1M
-1.25%
YTD
15.58%
6M
17.77%
1Y
26.72%
3Y*
17.43%
5Y*
8.10%
10Y*
10.00%

EFG

1D
1.13%
1M
-1.06%
YTD
6.44%
6M
7.52%
1Y
11.82%
3Y*
10.54%
5Y*
3.87%
10Y*
8.09%
*Multi-year figures are annualized to reflect compound growth (CAGR)

IDHQ vs. EFG - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
IDHQ
Invesco S&P International Developed High Quality ETF		15.58%27.46%1.33%18.80%-20.23%11.38%16.09%29.58%-13.38%28.16%
EFG
iShares MSCI EAFE Growth ETF		6.44%20.70%1.53%17.55%-23.12%11.01%17.85%27.47%-12.93%28.86%

Correlation

The correlation between IDHQ and EFG is 0.94, 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

0.95

Correlation (3Y)
Calculated over the trailing 3-year period

0.93

Correlation (5Y)
Calculated over the trailing 5-year period

0.94

Correlation (10Y)
Calculated over the trailing 10-year period

0.89

Correlation (All Time)
Calculated using the full available price history since Jun 13, 2007

0.83

The correlation between IDHQ and EFG shifts across timeframes, from 0.83 (all time) to 0.94 (1 year), reflecting how their relationship changes across market environments.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Invesco S&P International Developed High Quality ETF

iShares MSCI EAFE Growth ETF

Often compared with IDHQ:
IDHQ vs. IDMOIDHQ vs. VIGIIDHQ vs. INTFIDHQ vs. BKIEIDHQ vs. SPYIDHQ vs. FNDFIDHQ vs. VEA
Often compared with EFG:
EFG vs. EFAEFG vs. SPYEFG vs. VIGIEFG vs. IDMOEFG vs. JIGEFG vs. IXUSEFG vs. VUG

Return for Risk

IDHQ vs. EFG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IDHQ
IDHQ Risk / Return Rank: 4646
Overall Rank
IDHQ Sharpe Ratio Rank: 4343
Sharpe Ratio Rank
IDHQ Sortino Ratio Rank: 4444
Sortino Ratio Rank
IDHQ Omega Ratio Rank: 4545
Omega Ratio Rank
IDHQ Calmar Ratio Rank: 4444
Calmar Ratio Rank
IDHQ Martin Ratio Rank: 5151
Martin Ratio Rank
EFG
EFG Risk / Return Rank: 2323
Overall Rank
EFG Sharpe Ratio Rank: 2222
Sharpe Ratio Rank
EFG Sortino Ratio Rank: 2222
Sortino Ratio Rank
EFG Omega Ratio Rank: 2121
Omega Ratio Rank
EFG Calmar Ratio Rank: 2222
Calmar Ratio Rank
EFG Martin Ratio Rank: 2727
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

IDHQ vs. EFG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P International Developed High Quality ETF (IDHQ) and iShares MSCI EAFE Growth ETF (EFG). 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.

IDHQEFGDifference
Sharpe ratioReturn per unit of total volatility
1.38
0.68

+0.70

Sortino ratioReturn per unit of downside risk
2.00
1.07

+0.93

Omega ratioGain probability vs. loss probability

1.26

1.13

+0.13

Calmar ratioReturn relative to maximum drawdown

2.00

0.93

+1.07

Martin ratioReturn relative to average drawdown

7.90

3.41

+4.48

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IDHQ vs. EFG - Sharpe Ratio Comparison

The current IDHQ Sharpe Ratio is 1.38, which is higher than the EFG Sharpe Ratio of 0.68. The chart below compares the historical Sharpe Ratios of IDHQ and EFG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

IDHQEFGDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.38

0.68

+0.70

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.46

0.21

+0.25

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.56

0.46

+0.10

Sharpe Ratio (All Time)

Calculated using the full available price history

0.20

0.29

-0.09

Drawdowns

IDHQ vs. EFG - Drawdown Comparison

The maximum IDHQ drawdown since its inception was -73.84%, which is greater than EFG's maximum drawdown of -58.40%. Use the drawdown chart below to compare losses from any high point for IDHQ and EFG.

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Drawdown Indicators

IDHQEFGDifference

Max Drawdown

Largest peak-to-trough decline

-73.84%

-58.40%

-15.44%

Max Drawdown (1Y)

Largest decline over 1 year

-13.44%

-12.78%

-0.66%

Max Drawdown (3Y)

Largest decline over 3 years

-14.07%

-16.87%

+2.80%

Max Drawdown (5Y)

Largest decline over 5 years

-33.54%

-35.78%

+2.24%

Max Drawdown (10Y)

Largest decline over 10 years

-33.54%

-35.78%

+2.24%

Current Drawdown

Current decline from peak

-3.38%

-2.28%

-1.10%

Average Drawdown

Average peak-to-trough decline

-21.18%

-12.15%

-9.03%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.39%

3.47%

-0.08%

Volatility

IDHQ vs. EFG - Volatility Comparison

Invesco S&P International Developed High Quality ETF (IDHQ) has a higher volatility of 8.85% compared to iShares MSCI EAFE Growth ETF (EFG) at 5.78%. This indicates that IDHQ's price experiences larger fluctuations and is considered to be riskier than EFG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

IDHQEFGDifference

Volatility (1M)

Calculated over the trailing 1-month period

8.85%

5.78%

+3.07%

Volatility (6M)

Calculated over the trailing 6-month period

17.46%

14.82%

+2.64%

Volatility (1Y)

Calculated over the trailing 1-year period

19.46%

17.48%

+1.98%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.58%

18.18%

-0.60%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.02%

17.73%

+0.29%

IDHQ vs. EFG - Expense Ratio Comparison

IDHQ has a 0.29% expense ratio, which is lower than EFG's 0.40% expense ratio.

Dividends

IDHQ vs. EFG - Dividend Comparison

IDHQ's dividend yield for the trailing twelve months is around 2.09%, less than EFG's 2.37% yield.

PositionTTM20252024202320222021202020192018201720162015
EFG
iShares MSCI EAFE Growth ETF		2.37%2.53%1.64%1.63%1.27%1.54%0.85%1.69%1.98%1.56%2.20%1.75%
IDHQ
Invesco S&P International Developed High Quality ETF		2.09%2.46%2.41%2.52%3.33%2.10%1.60%2.10%2.67%1.68%2.36%1.71%

Frequently Asked Questions

With a correlation of 0.94, IDHQ and EFG move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

IDHQ has higher volatility (8.85%) compared to EFG (5.78%). In terms of maximum drawdown, IDHQ dropped -73.84% vs EFG's -58.40%.

On 10-year performance, IDHQ leads with 10.00% vs 8.09% for EFG. On fees, IDHQ is cheaper at 0.29% per year. On volatility, EFG has been the lower-risk option at 5.78%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, IDHQ has performed better with a 10.00% return vs 8.09%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

IDHQ is cheaper with a 0.29% expense ratio, compared with 0.40% for EFG.

EFG has the higher dividend yield at 2.37%, compared with 2.09% for IDHQ.

IDHQ tracks IDHQ-US - S&P Quality Developed Ex-U.S. LargeMidCap Index, while EFG tracks MSCI EAFE Growth Index. They also come from different issuers: Invesco and iShares. Their fees differ too: 0.29% for IDHQ and 0.40% for EFG.

IDHQ currently has the higher Sharpe Ratio (1.38 vs 0.68), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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