IQSA.L vs. AOD

Last updated Jun 30, 2026

IQSA.L (Invesco Global Active ESG Equity UCITS ETF USD Acc) is Global Equities fund actively managed by Invesco, while AOD (Abrdn Total Dynamic Dividend Fund) is a stock. Over the past 5 years, IQSA.L returned 14.53%/yr vs 10.87%/yr for AOD. A 0.58 correlation means they provide meaningful diversification when combined. IQSA.L charges 0.30%/yr vs 1.19%/yr for AOD.

Performance

IQSA.L vs. AOD - 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.L) and Abrdn Total Dynamic Dividend Fund (AOD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IQSA.L achieves a 14.47% return, which is significantly higher than AOD's 12.61% return.

IQSA.L

• 1D: 0.33%
• 1M: 0.94%
• YTD: 14.47%
• 6M: 14.29%
• 1Y: 28.97%
• 3Y*: 23.37%
• 5Y*: 14.53%
• 10Y*: —

AOD

• 1D: 1.27%
• 1M: -0.09%
• YTD: 12.61%
• 6M: 11.13%
• 1Y: 33.31%
• 3Y*: 20.75%
• 5Y*: 10.87%
• 10Y*: 13.38%

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

IQSA.L vs. AOD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
IQSA.L Invesco Global Active ESG Equity UCITS ETF USD Acc	14.47%	22.67%	22.82%	24.38%	-14.00%	24.95%	10.20%	8.32%
AOD Abrdn Total Dynamic Dividend Fund	12.61%	32.14%	16.03%	12.65%	-17.15%	23.80%	8.12%	10.51%

Correlation

The correlation between IQSA.L and AOD is 0.58, 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	0.58
Correlation (3Y) Calculated over the trailing 3-year period	0.53
Correlation (5Y) Calculated over the trailing 5-year period	0.57
Correlation (All Time) Calculated using the full available price history since Jul 30, 2019	0.58

The correlation between IQSA.L and AOD has been stable across timeframes, ranging from 0.53 to 0.58 - a consistent structural relationship.

Return for Risk

IQSA.L vs. AOD — Risk / Return Rank

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

IQSA.L

IQSA.L Risk / Return Rank: 81
IQSA.L Sharpe Ratio Rank: 80
IQSA.L Sortino Ratio Rank: 86
IQSA.L Omega Ratio Rank: 79
IQSA.L Calmar Ratio Rank: 76
IQSA.L Martin Ratio Rank: 83

AOD

AOD Risk / Return Rank: 87
AOD Sharpe Ratio Rank: 91
AOD Sortino Ratio Rank: 89
AOD Omega Ratio Rank: 90
AOD Calmar Ratio Rank: 77
AOD Martin Ratio Rank: 87

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.L vs. AOD - 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.L) and Abrdn Total Dynamic Dividend Fund (AOD). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	IQSA.L	AOD	Difference
Sharpe ratio: Return per unit of total volatility	2.17	2.10	+0.08
Sortino ratio: Return per unit of downside risk	3.29	2.84	+0.45
Omega ratio: Gain probability vs. loss probability	1.39	1.39	+0.01
Calmar ratio: Return relative to maximum drawdown	3.33	2.00	+1.33
Martin ratio: Return relative to average drawdown	14.21	8.59	+5.62

IQSA.L vs. AOD - Sharpe Ratio Comparison

The current IQSA.L Sharpe Ratio is 2.17, which is comparable to the AOD Sharpe Ratio of 2.10. The chart below compares the historical Sharpe Ratios of IQSA.L and AOD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

IQSA.L vs. AOD - Drawdown Comparison

The maximum IQSA.L drawdown since its inception was -34.64%, smaller than the maximum AOD drawdown of -72.26%. Use the drawdown chart below to compare losses from any high point for IQSA.L and AOD.

Drawdown Indicators

	IQSA.L	AOD	Difference
Max Drawdown Largest peak-to-trough decline	-34.64%	-72.26%	+37.62%
Max Drawdown (1Y) Largest decline over 1 year	-8.65%	-16.71%	+8.06%
Max Drawdown (3Y) Largest decline over 3 years	-16.99%	-16.71%	-0.28%
Max Drawdown (5Y) Largest decline over 5 years	-25.67%	-28.92%	+3.25%
Max Drawdown (10Y) Largest decline over 10 years	—	-43.68%	—
Current Drawdown Current decline from peak	-1.18%	-1.78%	+0.60%
Average Drawdown Average peak-to-trough decline	-4.88%	-27.20%	+22.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.03%	3.89%	-1.86%

Volatility

IQSA.L vs. AOD - Volatility Comparison

The current volatility for Invesco Global Active ESG Equity UCITS ETF USD Acc (IQSA.L) is 4.06%, while Abrdn Total Dynamic Dividend Fund (AOD) has a volatility of 5.22%. This indicates that IQSA.L experiences smaller price fluctuations and is considered to be less risky than AOD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IQSA.L	AOD	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.06%	5.22%	-1.16%
Volatility (6M) Calculated over the trailing 6-month period	10.68%	13.70%	-3.02%
Volatility (1Y) Calculated over the trailing 1-year period	13.30%	15.99%	-2.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.56%	16.77%	-0.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.03%	18.52%	-0.49%

IQSA.L vs. AOD - Expense Ratio Comparison

IQSA.L has a 0.30% expense ratio, which is lower than AOD's 1.19% expense ratio.

Dividends

IQSA.L vs. AOD - Dividend Comparison

IQSA.L has not paid dividends to shareholders, while AOD's dividend yield for the trailing twelve months is around 11.81%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AOD Abrdn Total Dynamic Dividend Fund	11.81%	12.00%	10.73%	8.56%	8.85%	6.75%	7.80%	7.71%	9.57%	7.29%	9.10%	8.93%
IQSA.L Invesco Global Active ESG Equity UCITS ETF USD Acc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both IQSA.L and AOD in my portfolio?

IQSA.L and AOD have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.