IQSA.DE vs. UEEH.DE
IQSA.DE (Invesco Global Active ESG Equity UCITS ETF USD Acc) and UEEH.DE (iShares Edge MSCI World Minimum Volatility UCITS ETF USD Dist) are both Global Equities funds. IQSA.DE is actively managed, while UEEH.DE is passively managed. Over the past 5 years, IQSA.DE returned 15.45%/yr vs 5.98%/yr for UEEH.DE. A 0.67 correlation means they provide meaningful diversification when combined. Both charge a 0.30% expense ratio.
Performance
IQSA.DE vs. UEEH.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 UEEH.DE's 1.54% 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*
- —
UEEH.DE
- 1D
- -0.04%
- 1M
- 1.51%
- YTD
- 1.54%
- 6M
- 1.62%
- 1Y
- -0.54%
- 3Y*
- 6.19%
- 5Y*
- 5.98%
- 10Y*
- —
IQSA.DE vs. UEEH.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
IQSA.DE Invesco Global Active ESG Equity UCITS ETF USD Acc | 14.81% | 9.64% | 29.92% | 20.24% | -9.32% | 35.68% | 5.93% |
UEEH.DE iShares Edge MSCI World Minimum Volatility UCITS ETF USD Dist | 1.54% | -1.55% | 17.56% | 3.56% | -4.40% | 23.98% | 0.94% |
Correlation
The correlation between IQSA.DE and UEEH.DE is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.38 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.54 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.64 |
Correlation (All Time) Calculated using the full available price history since Aug 24, 2020 | 0.67 |
Over the past year, the correlation between IQSA.DE and UEEH.DE has dropped to 0.38 - well below their long-term average of 0.67, suggesting their price drivers have been diverging.
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Return for Risk
IQSA.DE vs. UEEH.DE — Risk / Return Rank
IQSA.DE
UEEH.DE
IQSA.DE vs. UEEH.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 iShares Edge MSCI World Minimum Volatility UCITS ETF USD Dist (UEEH.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 | UEEH.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.41 | ||
| Sortino ratioReturn per unit of downside risk | +3.45 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.00 | +0.43 |
| Calmar ratioReturn relative to maximum drawdown | 4.60 | -0.10 | +4.70 |
| Martin ratioReturn relative to average drawdown | 18.23 | -0.22 | +18.45 |
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 | UEEH.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.34 | -0.07 | +2.41 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.04 | 0.59 | +0.45 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.94 | 0.65 | +0.29 |
Drawdowns
IQSA.DE vs. UEEH.DE - Drawdown Comparison
The maximum IQSA.DE drawdown since its inception was -34.11%, which is greater than UEEH.DE's maximum drawdown of -12.82%. Use the drawdown chart below to compare losses from any high point for IQSA.DE and UEEH.DE.
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Drawdown Indicators
| IQSA.DE | UEEH.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.11% | -12.82% | -21.29% |
Max Drawdown (1Y)Largest decline over 1 year | -6.20% | -5.49% | -0.71% |
Max Drawdown (3Y)Largest decline over 3 years | -21.35% | -12.82% | -8.53% |
Max Drawdown (5Y)Largest decline over 5 years | -21.35% | -12.82% | -8.53% |
Current DrawdownCurrent decline from peak | -0.33% | -6.93% | +6.60% |
Average DrawdownAverage peak-to-trough decline | -4.38% | -4.41% | +0.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.57% | 2.52% | -0.95% |
Volatility
IQSA.DE vs. UEEH.DE - Volatility Comparison
Invesco Global Active ESG Equity UCITS ETF USD Acc (IQSA.DE) has a higher volatility of 3.32% compared to iShares Edge MSCI World Minimum Volatility UCITS ETF USD Dist (UEEH.DE) at 2.62%. This indicates that IQSA.DE's price experiences larger fluctuations and is considered to be riskier than UEEH.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 | UEEH.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.32% | 2.62% | +0.70% |
Volatility (6M)Calculated over the trailing 6-month period | 8.85% | 5.56% | +3.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.17% | 7.88% | +4.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.71% | 10.11% | +4.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.74% | 10.26% | +6.48% |
IQSA.DE vs. UEEH.DE - Expense Ratio Comparison
Both IQSA.DE and UEEH.DE have an expense ratio of 0.30%.
Dividends
IQSA.DE vs. UEEH.DE - Dividend Comparison
IQSA.DE has not paid dividends to shareholders, while UEEH.DE's dividend yield for the trailing twelve months is around 1.45%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
IQSA.DE Invesco Global Active ESG Equity UCITS ETF USD Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
UEEH.DE iShares Edge MSCI World Minimum Volatility UCITS ETF USD Dist | 1.45% | 1.49% | 1.59% | 1.76% | 1.70% | 1.37% |
Frequently Asked Questions
IQSA.DE and UEEH.DE have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.30% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
IQSA.DE and UEEH.DE have the same expense ratio: 0.30% per year.
They also come from different issuers: Invesco and iShares.
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