IQSA.DE vs. FWIA.DE
IQSA.DE (Invesco Global Active ESG Equity UCITS ETF USD Acc) and FWIA.DE (Invesco FTSE All-World UCITS ETF Acc) are both Global Equities funds from Invesco. IQSA.DE is actively managed, while FWIA.DE is passively managed. Over the past year, IQSA.DE returned 28.62% vs 26.57% for FWIA.DE. Their correlation of 0.91 suggests significant overlap in exposure. IQSA.DE charges 0.30%/yr vs 0.15%/yr for FWIA.DE.
Performance
IQSA.DE vs. FWIA.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 FWIA.DE's 12.60% return.
IQSA.DE
- 1D
- -0.11%
- 1M
- 6.18%
- YTD
- 14.81%
- 6M
- 16.74%
- 1Y
- 28.62%
- 3Y*
- 22.03%
- 5Y*
- 15.45%
- 10Y*
- —
FWIA.DE
- 1D
- -0.22%
- 1M
- 4.98%
- YTD
- 12.60%
- 6M
- 13.33%
- 1Y
- 26.57%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IQSA.DE vs. FWIA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
IQSA.DE Invesco Global Active ESG Equity UCITS ETF USD Acc | 14.81% | 9.64% | 29.92% | 8.46% |
FWIA.DE Invesco FTSE All-World UCITS ETF Acc | 12.60% | 9.02% | 24.70% | 7.73% |
Correlation
The correlation between IQSA.DE and FWIA.DE is 0.93, 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 | 0.93 |
Correlation (All Time) Calculated using the full available price history since Jun 30, 2023 | 0.91 |
The correlation between IQSA.DE and FWIA.DE has been stable across timeframes, ranging from 0.91 to 0.93 - a consistent structural relationship.
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Return for Risk
IQSA.DE vs. FWIA.DE — Risk / Return Rank
IQSA.DE
FWIA.DE
IQSA.DE vs. FWIA.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 FTSE All-World UCITS ETF Acc (FWIA.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 | FWIA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.02 | ||
| Sortino ratioReturn per unit of downside risk | +0.10 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.44 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 4.60 | 4.08 | +0.52 |
| Martin ratioReturn relative to average drawdown | 18.23 | 16.52 | +1.71 |
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 | FWIA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.34 | 2.36 | -0.02 |
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 | 1.40 | -0.46 |
Drawdowns
IQSA.DE vs. FWIA.DE - Drawdown Comparison
The maximum IQSA.DE drawdown since its inception was -34.11%, which is greater than FWIA.DE's maximum drawdown of -20.96%. Use the drawdown chart below to compare losses from any high point for IQSA.DE and FWIA.DE.
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Drawdown Indicators
| IQSA.DE | FWIA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.11% | -20.96% | -13.15% |
Max Drawdown (1Y)Largest decline over 1 year | -6.20% | -6.49% | +0.29% |
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% | -0.62% | +0.29% |
Average DrawdownAverage peak-to-trough decline | -4.38% | -2.44% | -1.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.57% | 1.60% | -0.03% |
Volatility
IQSA.DE vs. FWIA.DE - Volatility Comparison
Invesco Global Active ESG Equity UCITS ETF USD Acc (IQSA.DE) has a higher volatility of 3.32% compared to Invesco FTSE All-World UCITS ETF Acc (FWIA.DE) at 2.96%. This indicates that IQSA.DE's price experiences larger fluctuations and is considered to be riskier than FWIA.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 | FWIA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.32% | 2.96% | +0.36% |
Volatility (6M)Calculated over the trailing 6-month period | 8.85% | 8.09% | +0.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.17% | 11.22% | +0.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.71% | 13.18% | +1.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.74% | 13.18% | +3.56% |
IQSA.DE vs. FWIA.DE - Expense Ratio Comparison
IQSA.DE has a 0.30% expense ratio, which is higher than FWIA.DE's 0.15% expense ratio.
Dividends
IQSA.DE vs. FWIA.DE - Dividend Comparison
Neither IQSA.DE nor FWIA.DE has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.93, IQSA.DE and FWIA.DE 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.
On fees, FWIA.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FWIA.DE is cheaper with a 0.15% expense ratio, compared with 0.30% for IQSA.DE.
Their fees differ too: 0.30% for IQSA.DE and 0.15% for FWIA.DE.
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