IQSA.DE vs. QWLD
Compare and contrast key facts about Invesco Quantitative Strategies ESG Global Equity Multi-Factor UCITS ETF Acc (IQSA.DE) and SPDR MSCI World StrategicFactors ETF (QWLD).
IQSA.DE and QWLD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IQSA.DE is a passively managed fund by Invesco that tracks the performance of the MSCI ACWI NR USD. It was launched on Jul 30, 2019. QWLD is a passively managed fund by State Street that tracks the performance of the MSCI World Factor Mix A-Series (USD). It was launched on Jun 4, 2014. Both IQSA.DE and QWLD are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IQSA.DE or QWLD.
Key characteristics
| IQSA.DE | QWLD | |
|---|---|---|
| YTD Return | 29.92% | 18.43% |
| 1Y Return | 39.98% | 28.63% |
| 3Y Return (Ann) | 13.71% | 7.55% |
| 5Y Return (Ann) | 14.44% | 11.27% |
| Sharpe Ratio | 3.10 | 2.92 |
| Sortino Ratio | 4.07 | 4.12 |
| Omega Ratio | 1.62 | 1.53 |
| Calmar Ratio | 3.44 | 5.07 |
| Martin Ratio | 19.13 | 19.49 |
| Ulcer Index | 1.97% | 1.44% |
| Daily Std Dev | 12.11% | 9.58% |
| Max Drawdown | -34.11% | -31.89% |
| Current Drawdown | 0.00% | -0.50% |
Correlation
The correlation between IQSA.DE and QWLD is 0.65, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
IQSA.DE vs. QWLD - Performance Comparison
In the year-to-date period, IQSA.DE achieves a 29.92% return, which is significantly higher than QWLD's 18.43% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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IQSA.DE vs. QWLD - Expense Ratio Comparison
Both IQSA.DE and QWLD have an expense ratio of 0.30%.
Risk-Adjusted Performance
IQSA.DE vs. QWLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Quantitative Strategies ESG Global Equity Multi-Factor UCITS ETF Acc (IQSA.DE) and SPDR MSCI World StrategicFactors ETF (QWLD). 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.
Dividends
IQSA.DE vs. QWLD - Dividend Comparison
IQSA.DE has not paid dividends to shareholders, while QWLD's dividend yield for the trailing twelve months is around 1.47%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
IQSA.DE Invesco Quantitative Strategies ESG Global Equity Multi-Factor UCITS ETF Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QWLD SPDR MSCI World StrategicFactors ETF | 1.47% | 1.78% | 2.02% | 1.77% | 1.77% | 2.13% | 2.33% | 2.73% | 2.22% | 3.42% | 1.02% |
Drawdowns
IQSA.DE vs. QWLD - Drawdown Comparison
The maximum IQSA.DE drawdown since its inception was -34.11%, which is greater than QWLD's maximum drawdown of -31.89%. Use the drawdown chart below to compare losses from any high point for IQSA.DE and QWLD. For additional features, visit the drawdowns tool.
Volatility
IQSA.DE vs. QWLD - Volatility Comparison
Invesco Quantitative Strategies ESG Global Equity Multi-Factor UCITS ETF Acc (IQSA.DE) has a higher volatility of 3.22% compared to SPDR MSCI World StrategicFactors ETF (QWLD) at 2.72%. This indicates that IQSA.DE's price experiences larger fluctuations and is considered to be riskier than QWLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.