IQSA.DE vs. QGRW

Last updated Jun 5, 2026

IQSA.DE (Invesco Global Active ESG Equity UCITS ETF USD Acc) and QGRW (WisdomTree U.S. Quality Growth Fund) are both exchange-traded funds - IQSA.DE is a Global Equities fund actively managed by Invesco, while QGRW is a Large Cap Growth Equities fund tracking the WisdomTree U.S. Quality Growth Index. IQSA.DE is actively managed, while QGRW is passively managed. Over the past 3 years, IQSA.DE returned 22.03%/yr vs 25.69%/yr for QGRW. A 0.51 correlation means they provide meaningful diversification when combined. IQSA.DE charges 0.30%/yr vs 0.28%/yr for QGRW.

Performance

IQSA.DE vs. QGRW - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Invesco Global Active ESG Equity UCITS ETF USD Acc (IQSA.DE) and WisdomTree U.S. Quality Growth Fund (QGRW). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

IQSA.DE is traded in EUR, while QGRW is traded in USD. To make them comparable, the QGRW values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, IQSA.DE achieves a 14.81% return, which is significantly lower than QGRW's 16.74% 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*: —

QGRW

• 1D: -0.14%
• 1M: 8.74%
• YTD: 16.74%
• 6M: 14.64%
• 1Y: 32.77%
• 3Y*: 25.69%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

IQSA.DE vs. QGRW - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
IQSA.DE Invesco Global Active ESG Equity UCITS ETF USD Acc	14.81%	9.64%	29.92%	20.24%	-1.46%
QGRW WisdomTree U.S. Quality Growth Fund	16.74%	5.06%	43.75%	51.37%	-4.02%

Correlation

The correlation between IQSA.DE and QGRW is 0.59, 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	0.59
Correlation (3Y) Calculated over the trailing 3-year period	0.51
Correlation (All Time) Calculated using the full available price history since Dec 16, 2022	0.51

The correlation between IQSA.DE and QGRW has been stable across timeframes, ranging from 0.51 to 0.59 - a consistent structural relationship.

Return for Risk

IQSA.DE vs. QGRW — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IQSA.DE

IQSA.DE Risk / Return Rank: 79
IQSA.DE Sharpe Ratio Rank: 73
IQSA.DE Sortino Ratio Rank: 77
IQSA.DE Omega Ratio Rank: 73
IQSA.DE Calmar Ratio Rank: 85
IQSA.DE Martin Ratio Rank: 87

QGRW

QGRW Risk / Return Rank: 55
QGRW Sharpe Ratio Rank: 62
QGRW Sortino Ratio Rank: 58
QGRW Omega Ratio Rank: 58
QGRW Calmar Ratio Rank: 47
QGRW Martin Ratio Rank: 53

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.

IQSA.DE vs. QGRW - 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 WisdomTree U.S. Quality Growth Fund (QGRW). 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	QGRW	Difference
Sharpe ratio: Return per unit of total volatility	2.34	1.88	+0.46
Sortino ratio: Return per unit of downside risk	3.41	2.45	+0.96
Omega ratio: Gain probability vs. loss probability	1.43	1.33	+0.10
Calmar ratio: Return relative to maximum drawdown	4.60	2.23	+2.37
Martin ratio: Return relative to average drawdown	18.23	7.32	+10.91
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IQSA.DE vs. QGRW - Sharpe Ratio Comparison

The current IQSA.DE Sharpe Ratio is 2.34, which is comparable to the QGRW Sharpe Ratio of 1.88. The chart below compares the historical Sharpe Ratios of IQSA.DE and QGRW, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	IQSA.DE	QGRW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.34	1.88	+0.46
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	1.45	-0.50

Drawdowns

IQSA.DE vs. QGRW - Drawdown Comparison

The maximum IQSA.DE drawdown since its inception was -34.11%, which is greater than QGRW's maximum drawdown of -28.68%. Use the drawdown chart below to compare losses from any high point for IQSA.DE and QGRW.

Drawdown Indicators

	IQSA.DE	QGRW	Difference
Max Drawdown Largest peak-to-trough decline	-34.11%	-28.68%	-5.43%
Max Drawdown (1Y) Largest decline over 1 year	-6.20%	-14.75%	+8.55%
Max Drawdown (3Y) Largest decline over 3 years	-21.35%	-28.68%	+7.33%
Max Drawdown (5Y) Largest decline over 5 years	-21.35%	—	—
Current Drawdown Current decline from peak	-0.33%	-1.15%	+0.82%
Average Drawdown Average peak-to-trough decline	-4.38%	-4.18%	-0.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.57%	4.49%	-2.92%

Volatility

IQSA.DE vs. QGRW - Volatility Comparison

The current volatility for Invesco Global Active ESG Equity UCITS ETF USD Acc (IQSA.DE) is 3.32%, while WisdomTree U.S. Quality Growth Fund (QGRW) has a volatility of 4.10%. This indicates that IQSA.DE experiences smaller price fluctuations and is considered to be less risky than QGRW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IQSA.DE	QGRW	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.32%	4.10%	-0.78%
Volatility (6M) Calculated over the trailing 6-month period	8.85%	13.00%	-4.15%
Volatility (1Y) Calculated over the trailing 1-year period	12.17%	17.50%	-5.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.71%	21.73%	-7.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.74%	21.73%	-4.99%

IQSA.DE vs. QGRW - Expense Ratio Comparison

IQSA.DE has a 0.30% expense ratio, which is higher than QGRW's 0.28% expense ratio.

Dividends

IQSA.DE vs. QGRW - Dividend Comparison

IQSA.DE has not paid dividends to shareholders, while QGRW's dividend yield for the trailing twelve months is around 0.07%.

Position	TTM	2025	2024	2023
IQSA.DE Invesco Global Active ESG Equity UCITS ETF USD Acc	0.00%	0.00%	0.00%	0.00%
QGRW WisdomTree U.S. Quality Growth Fund	0.07%	0.09%	0.14%	0.11%

Frequently Asked Questions

Can I hold both IQSA.DE and QGRW in my portfolio?

IQSA.DE and QGRW have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IQSA.DE or QGRW?

On fees, QGRW is cheaper at 0.28% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IQSA.DE or QGRW?

QGRW is cheaper with a 0.28% expense ratio, compared with 0.30% for IQSA.DE.

What is the main difference between IQSA.DE and QGRW?

IQSA.DE is categorized as Global Equities, while QGRW is Large Cap Growth Equities. They also come from different issuers: Invesco and WisdomTree. Their fees differ too: 0.30% for IQSA.DE and 0.28% for QGRW.