IQSA.DE vs. CLOD.DE
IQSA.DE (Invesco Global Active ESG Equity UCITS ETF USD Acc) and CLOD.DE (Invesco EUR AAA CLO UCITS ETF Dist) are both exchange-traded funds - IQSA.DE is a Global Equities fund actively managed by Invesco, while CLOD.DE is a CLO fund actively managed by Invesco. Both are actively managed. Over the past year, IQSA.DE returned 28.39% vs 3.39% for CLOD.DE. At a 0.01 correlation, their price movements are largely independent. IQSA.DE charges 0.30%/yr vs 0.25%/yr for CLOD.DE.
Performance
IQSA.DE vs. CLOD.DE - Performance Comparison
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Returns By Period
In the year-to-date period, IQSA.DE achieves a 14.81% return, which is significantly higher than CLOD.DE's 1.46% return.
IQSA.DE
- 1D
- -0.11%
- 1M
- 4.49%
- YTD
- 14.81%
- 6M
- 16.12%
- 1Y
- 28.39%
- 3Y*
- 22.03%
- 5Y*
- 15.45%
- 10Y*
- —
CLOD.DE
- 1D
- 0.01%
- 1M
- 0.35%
- YTD
- 1.46%
- 6M
- 1.67%
- 1Y
- 3.39%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IQSA.DE vs. CLOD.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
IQSA.DE Invesco Global Active ESG Equity UCITS ETF USD Acc | 14.81% | 4.97% |
CLOD.DE Invesco EUR AAA CLO UCITS ETF Dist | 1.46% | 2.50% |
Correlation
The correlation between IQSA.DE and CLOD.DE is -0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.01 |
Correlation (All Time) Calculated using the full available price history since Feb 14, 2025 | 0.01 |
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Return for Risk
IQSA.DE vs. CLOD.DE — Risk / Return Rank
IQSA.DE
CLOD.DE
IQSA.DE vs. CLOD.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Global Active ESG Equity UCITS ETF USD Acc (IQSA.DE) and Invesco EUR AAA CLO UCITS ETF Dist (CLOD.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.
| IQSA.DE | CLOD.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.14 | ||
| Sortino ratioReturn per unit of downside risk | -2.24 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.92 | -0.49 |
| Calmar ratioReturn relative to maximum drawdown | 4.60 | 9.97 | -5.37 |
| Martin ratioReturn relative to average drawdown | 18.23 | 35.80 | -17.56 |
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
| IQSA.DE | CLOD.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.34 | 3.49 | -1.14 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.04 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.94 | 2.85 | -1.91 |
Drawdowns
IQSA.DE vs. CLOD.DE - Drawdown Comparison
The maximum IQSA.DE drawdown since its inception was -34.11%, which is greater than CLOD.DE's maximum drawdown of -0.62%. Use the drawdown chart below to compare losses from any high point for IQSA.DE and CLOD.DE.
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Drawdown Indicators
| IQSA.DE | CLOD.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.11% | -0.62% | -33.49% |
Max Drawdown (1Y)Largest decline over 1 year | -6.20% | -0.34% | -5.86% |
Max Drawdown (3Y)Largest decline over 3 years | -21.35% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -21.35% | — | — |
Current DrawdownCurrent decline from peak | -0.33% | 0.00% | -0.33% |
Average DrawdownAverage peak-to-trough decline | -4.38% | -0.10% | -4.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.57% | 0.09% | +1.48% |
Volatility
IQSA.DE vs. CLOD.DE - Volatility Comparison
Invesco Global Active ESG Equity UCITS ETF USD Acc (IQSA.DE) has a higher volatility of 3.32% compared to Invesco EUR AAA CLO UCITS ETF Dist (CLOD.DE) at 0.30%. This indicates that IQSA.DE's price experiences larger fluctuations and is considered to be riskier than CLOD.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IQSA.DE | CLOD.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.32% | 0.30% | +3.02% |
Volatility (6M)Calculated over the trailing 6-month period | 8.85% | 0.71% | +8.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.17% | 0.98% | +11.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.71% | 1.07% | +13.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.74% | 1.07% | +15.67% |
IQSA.DE vs. CLOD.DE - Expense Ratio Comparison
IQSA.DE has a 0.30% expense ratio, which is higher than CLOD.DE's 0.25% expense ratio.
Dividends
IQSA.DE vs. CLOD.DE - Dividend Comparison
IQSA.DE has not paid dividends to shareholders, while CLOD.DE's dividend yield for the trailing twelve months is around 3.30%.
| Position | TTM | 2025 |
|---|---|---|
CLOD.DE Invesco EUR AAA CLO UCITS ETF Dist | 3.30% | 2.56% |
IQSA.DE Invesco Global Active ESG Equity UCITS ETF USD Acc | 0.00% | 0.00% |
Frequently Asked Questions
IQSA.DE and CLOD.DE have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CLOD.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CLOD.DE is cheaper with a 0.25% expense ratio, compared with 0.30% for IQSA.DE.
IQSA.DE is categorized as Global Equities, while CLOD.DE is CLO. Their fees differ too: 0.30% for IQSA.DE and 0.25% for CLOD.DE.
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