PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
IDHQ vs. IMCG
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IDHQ vs. IMCG

Last updated Jun 4, 2026

IDHQ (Invesco S&P International Developed High Quality ETF) and IMCG (iShares Morningstar Mid-Cap Growth ETF) are both exchange-traded funds - IDHQ is a Foreign Large Cap Equities fund tracking the IDHQ-US - S&P Quality Developed Ex-U.S. LargeMidCap Index, while IMCG is a Mid Cap Growth Equities fund tracking the Morningstar US Mid Cap Broad Growth Index. Both are passively managed. Over the past 10 years, IDHQ returned 9.90%/yr vs 14.46%/yr for IMCG. A 0.65 correlation means they provide meaningful diversification when combined. IDHQ charges 0.29%/yr vs 0.06%/yr for IMCG.

Performance

IDHQ vs. IMCG - 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 Morningstar Mid-Cap Growth ETF (IMCG). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, IDHQ achieves a 18.47% return, which is significantly lower than IMCG's 20.05% return. Over the past 10 years, IDHQ has underperformed IMCG with an annualized return of 9.90%, while IMCG has yielded a comparatively higher 14.46% annualized return.

IDHQ

1D
-0.67%
1M
7.43%
YTD
18.47%
6M
20.13%
1Y
30.97%
3Y*
18.48%
5Y*
8.61%
10Y*
9.90%

IMCG

1D
-0.26%
1M
8.33%
YTD
20.05%
6M
18.28%
1Y
23.35%
3Y*
18.91%
5Y*
8.62%
10Y*
14.46%
*Multi-year figures are annualized to reflect compound growth (CAGR)

IDHQ vs. IMCG - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
IDHQ
Invesco S&P International Developed High Quality ETF		18.47%27.46%1.33%18.80%-20.23%11.38%16.09%29.58%-13.38%28.16%
IMCG
iShares Morningstar Mid-Cap Growth ETF		20.05%6.55%18.14%20.73%-25.79%15.39%45.64%35.70%-3.68%25.57%

Correlation

The correlation between IDHQ and IMCG is 0.69, 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

0.69

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

0.69

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

0.73

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

0.66

Correlation (All Time)
Calculated using the full available price history since Jun 14, 2007

0.65

The correlation between IDHQ and IMCG has been stable across timeframes, ranging from 0.65 to 0.73 - a consistent structural relationship.

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 Morningstar Mid-Cap Growth ETF

Often compared with IDHQ:
IDHQ vs. IDMOIDHQ vs. VIGIIDHQ vs. INTFIDHQ vs. BKIEIDHQ vs. SPYIDHQ vs. FNDFIDHQ vs. SCHF
Often compared with IMCG:
IMCG vs. VOTIMCG vs. IWPIMCG vs. SCHMIMCG vs. MDYGIMCG vs. XMHQIMCG vs. IJKIMCG vs. IMCB

Return for Risk

IDHQ vs. IMCG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IDHQ
IDHQ Risk / Return Rank: 4949
Overall Rank
IDHQ Sharpe Ratio Rank: 4848
Sharpe Ratio Rank
IDHQ Sortino Ratio Rank: 5050
Sortino Ratio Rank
IDHQ Omega Ratio Rank: 4848
Omega Ratio Rank
IDHQ Calmar Ratio Rank: 4646
Calmar Ratio Rank
IDHQ Martin Ratio Rank: 5353
Martin Ratio Rank
IMCG
IMCG Risk / Return Rank: 4444
Overall Rank
IMCG Sharpe Ratio Rank: 4242
Sharpe Ratio Rank
IMCG Sortino Ratio Rank: 4242
Sortino Ratio Rank
IMCG Omega Ratio Rank: 4040
Omega Ratio Rank
IMCG Calmar Ratio Rank: 4646
Calmar Ratio Rank
IMCG Martin Ratio Rank: 5252
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. IMCG - 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 Morningstar Mid-Cap Growth ETF (IMCG). 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.

IDHQIMCGDifference
Sharpe ratioReturn per unit of total volatility
1.68
1.51

+0.17

Sortino ratioReturn per unit of downside risk
2.47
2.18

+0.29

Omega ratioGain probability vs. loss probability

1.31

1.26

+0.04

Calmar ratioReturn relative to maximum drawdown

2.31

2.31

+0.01

Martin ratioReturn relative to average drawdown

9.23

8.97

+0.25

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. IMCG - Sharpe Ratio Comparison

The current IDHQ Sharpe Ratio is 1.68, which is comparable to the IMCG Sharpe Ratio of 1.51. The chart below compares the historical Sharpe Ratios of IDHQ and IMCG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Sharpe Ratios by Period

IDHQIMCGDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.68

1.51

+0.17

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.50

0.43

+0.07

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.55

0.71

-0.15

Sharpe Ratio (All Time)

Calculated using the full available price history

0.21

0.54

-0.33

Drawdowns

IDHQ vs. IMCG - Drawdown Comparison

The maximum IDHQ drawdown since its inception was -73.84%, which is greater than IMCG's maximum drawdown of -58.96%. Use the drawdown chart below to compare losses from any high point for IDHQ and IMCG.

Loading charts...

Drawdown Indicators

IDHQIMCGDifference

Max Drawdown

Largest peak-to-trough decline

-73.84%

-58.96%

-14.88%

Max Drawdown (1Y)

Largest decline over 1 year

-13.44%

-10.17%

-3.27%

Max Drawdown (3Y)

Largest decline over 3 years

-14.07%

-21.92%

+7.85%

Max Drawdown (5Y)

Largest decline over 5 years

-33.54%

-35.08%

+1.54%

Max Drawdown (10Y)

Largest decline over 10 years

-33.54%

-35.08%

+1.54%

Current Drawdown

Current decline from peak

-0.96%

-0.26%

-0.70%

Average Drawdown

Average peak-to-trough decline

-21.20%

-9.22%

-11.98%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.37%

2.61%

+0.76%

Volatility

IDHQ vs. IMCG - Volatility Comparison

Invesco S&P International Developed High Quality ETF (IDHQ) has a higher volatility of 7.57% compared to iShares Morningstar Mid-Cap Growth ETF (IMCG) at 4.65%. This indicates that IDHQ's price experiences larger fluctuations and is considered to be riskier than IMCG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

IDHQIMCGDifference

Volatility (1M)

Calculated over the trailing 1-month period

7.57%

4.65%

+2.92%

Volatility (6M)

Calculated over the trailing 6-month period

16.39%

12.53%

+3.86%

Volatility (1Y)

Calculated over the trailing 1-year period

18.55%

15.53%

+3.02%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.39%

20.17%

-2.78%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.93%

20.51%

-2.58%

IDHQ vs. IMCG - Expense Ratio Comparison

IDHQ has a 0.29% expense ratio, which is higher than IMCG's 0.06% expense ratio.

Dividends

IDHQ vs. IMCG - Dividend Comparison

IDHQ's dividend yield for the trailing twelve months is around 2.04%, more than IMCG's 0.65% yield.

PositionTTM20252024202320222021202020192018201720162015
IDHQ
Invesco S&P International Developed High Quality ETF		2.04%2.46%2.41%2.52%3.33%2.10%1.60%2.10%2.67%1.68%2.36%1.71%
IMCG
iShares Morningstar Mid-Cap Growth ETF		0.65%0.78%0.78%0.85%0.91%0.41%0.09%0.30%0.35%0.45%0.52%0.38%

Frequently Asked Questions

IDHQ and IMCG have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

IDHQ has higher volatility (7.57%) compared to IMCG (4.65%). In terms of maximum drawdown, IDHQ dropped -73.84% vs IMCG's -58.96%.

On 10-year performance, IMCG leads with 14.46% vs 9.90% for IDHQ. On fees, IMCG is cheaper at 0.06% per year. On volatility, IMCG has been the lower-risk option at 4.65%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, IMCG has performed better with a 14.46% return vs 9.90%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

IMCG is cheaper with a 0.06% expense ratio, compared with 0.29% for IDHQ.

IDHQ has the higher dividend yield at 2.04%, compared with 0.65% for IMCG.

IDHQ is categorized as Foreign Large Cap Equities, while IMCG is Mid Cap Growth Equities. IDHQ tracks IDHQ-US - S&P Quality Developed Ex-U.S. LargeMidCap Index, while IMCG tracks Morningstar US Mid Cap Broad Growth Index. They also come from different issuers: Invesco and iShares. Their fees differ too: 0.29% for IDHQ and 0.06% for IMCG.

IDHQ currently has the higher Sharpe Ratio (1.68 vs 1.51), 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.

Portfolio Optimizer

Find the right allocation for IDHQ and IMCG

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer