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IDHQ vs. IQLT
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IDHQ vs. IQLT

Last updated Jun 4, 2026

IDHQ (Invesco S&P International Developed High Quality ETF) and IQLT (iShares MSCI Intl Quality Factor ETF) are both Foreign Large Cap Equities funds - IDHQ tracks the IDHQ-US - S&P Quality Developed Ex-U.S. LargeMidCap Index while IQLT tracks the MSCI World ex USA Sector Neutral Quality Index (Net). Both are passively managed. Over the past 10 years, IDHQ returned 9.90%/yr vs 9.31%/yr for IQLT. Their correlation of 0.83 suggests significant overlap in exposure. IDHQ charges 0.29%/yr vs 0.30%/yr for IQLT.

Performance

IDHQ vs. IQLT - 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 Intl Quality Factor ETF (IQLT). 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 18.47% return, which is significantly higher than IQLT's 7.55% return. Over the past 10 years, IDHQ has outperformed IQLT with an annualized return of 9.90%, while IQLT has yielded a comparatively lower 9.31% 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%

IQLT

1D
-0.91%
1M
1.73%
YTD
7.55%
6M
9.41%
1Y
16.72%
3Y*
13.95%
5Y*
6.96%
10Y*
9.31%
*Multi-year figures are annualized to reflect compound growth (CAGR)

IDHQ vs. IQLT - 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%
IQLT
iShares MSCI Intl Quality Factor ETF		7.55%25.42%1.54%18.73%-15.22%12.94%12.48%28.18%-10.76%24.04%

Correlation

The correlation between IDHQ and IQLT is 0.95, 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

0.94

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

0.95

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

0.88

Correlation (All Time)
Calculated using the full available price history since Jan 16, 2015

0.83

The correlation between IDHQ and IQLT shifts across timeframes, from 0.83 (all time) to 0.95 (5 years), 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 Intl Quality Factor ETF

Often compared with IDHQ:
IDHQ vs. IDMOIDHQ vs. VIGIIDHQ vs. INTFIDHQ vs. BKIEIDHQ vs. SPYIDHQ vs. FNDFIDHQ vs. SCHF
Often compared with IQLT:
IQLT vs. VIGIIQLT vs. SPYIQLT vs. IEFAIQLT vs. QEFAIQLT vs. ACWXIQLT vs. VOOIQLT vs. DIHRX

Return for Risk

IDHQ vs. IQLT — 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
IQLT
IQLT Risk / Return Rank: 3333
Overall Rank
IQLT Sharpe Ratio Rank: 3232
Sharpe Ratio Rank
IQLT Sortino Ratio Rank: 3131
Sortino Ratio Rank
IQLT Omega Ratio Rank: 3030
Omega Ratio Rank
IQLT Calmar Ratio Rank: 3232
Calmar Ratio Rank
IQLT Martin Ratio Rank: 3838
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. IQLT - 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 Intl Quality Factor ETF (IQLT). 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.

IDHQIQLTDifference
Sharpe ratioReturn per unit of total volatility
1.68
1.17

+0.51

Sortino ratioReturn per unit of downside risk
2.47
1.72

+0.75

Omega ratioGain probability vs. loss probability

1.31

1.20

+0.10

Calmar ratioReturn relative to maximum drawdown

2.31

1.62

+0.70

Martin ratioReturn relative to average drawdown

9.23

6.16

+3.06

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. IQLT - Sharpe Ratio Comparison

The current IDHQ Sharpe Ratio is 1.68, which is higher than the IQLT Sharpe Ratio of 1.17. The chart below compares the historical Sharpe Ratios of IDHQ and IQLT, 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

IDHQIQLTDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.68

1.17

+0.51

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

0.55

0.00

Sharpe Ratio (All Time)

Calculated using the full available price history

0.21

0.49

-0.29

Drawdowns

IDHQ vs. IQLT - Drawdown Comparison

The maximum IDHQ drawdown since its inception was -73.84%, which is greater than IQLT's maximum drawdown of -32.21%. Use the drawdown chart below to compare losses from any high point for IDHQ and IQLT.

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Drawdown Indicators

IDHQIQLTDifference

Max Drawdown

Largest peak-to-trough decline

-73.84%

-32.21%

-41.63%

Max Drawdown (1Y)

Largest decline over 1 year

-13.44%

-10.38%

-3.06%

Max Drawdown (3Y)

Largest decline over 3 years

-14.07%

-13.18%

-0.89%

Max Drawdown (5Y)

Largest decline over 5 years

-33.54%

-30.24%

-3.30%

Max Drawdown (10Y)

Largest decline over 10 years

-33.54%

-32.21%

-1.33%

Current Drawdown

Current decline from peak

-0.96%

-2.10%

+1.14%

Average Drawdown

Average peak-to-trough decline

-21.20%

-6.22%

-14.98%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.37%

2.72%

+0.65%

Volatility

IDHQ vs. IQLT - Volatility Comparison

Invesco S&P International Developed High Quality ETF (IDHQ) has a higher volatility of 7.57% compared to iShares MSCI Intl Quality Factor ETF (IQLT) at 4.86%. This indicates that IDHQ's price experiences larger fluctuations and is considered to be riskier than IQLT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

IDHQIQLTDifference

Volatility (1M)

Calculated over the trailing 1-month period

7.57%

4.86%

+2.71%

Volatility (6M)

Calculated over the trailing 6-month period

16.39%

12.01%

+4.38%

Volatility (1Y)

Calculated over the trailing 1-year period

18.55%

14.40%

+4.15%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.39%

16.45%

+0.94%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.93%

16.98%

+0.95%

IDHQ vs. IQLT - Expense Ratio Comparison

IDHQ has a 0.29% expense ratio, which is lower than IQLT's 0.30% expense ratio.

Dividends

IDHQ vs. IQLT - Dividend Comparison

IDHQ's dividend yield for the trailing twelve months is around 2.04%, less than IQLT's 2.16% 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%
IQLT
iShares MSCI Intl Quality Factor ETF		2.16%2.33%2.87%2.27%3.14%2.24%1.61%2.28%2.72%2.36%2.91%2.78%

Frequently Asked Questions

With a correlation of 0.95, IDHQ and IQLT 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 (7.57%) compared to IQLT (4.86%). In terms of maximum drawdown, IDHQ dropped -73.84% vs IQLT's -32.21%.

On 10-year performance, IDHQ leads with 9.90% vs 9.31% for IQLT. On fees, IDHQ is cheaper at 0.29% per year. On volatility, IQLT has been the lower-risk option at 4.86%. 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 9.90% return vs 9.31%. 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 0.30% for IQLT.

IQLT has the higher dividend yield at 2.16%, compared with 2.04% for IDHQ.

IDHQ tracks IDHQ-US - S&P Quality Developed Ex-U.S. LargeMidCap Index, while IQLT tracks MSCI World ex USA Sector Neutral Quality Index (Net). They also come from different issuers: Invesco and iShares. Their fees differ too: 0.29% for IDHQ and 0.30% for IQLT.

IDHQ currently has the higher Sharpe Ratio (1.68 vs 1.17), 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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