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IQSA.L vs. BNP.DE
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IQSA.L vs. BNP.DE

Last updated Jun 30, 2026
See Documentation

IQSA.L (Invesco Global Active ESG Equity UCITS ETF USD Acc) is Global Equities fund actively managed by Invesco, while BNP.DE (BNP Paribas SA) is a stock. Over the past 5 years, IQSA.L returned 14.53%/yr vs 21.14%/yr for BNP.DE. A 0.54 correlation means they provide meaningful diversification when combined.

Performance

IQSA.L vs. BNP.DE - 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 BNP Paribas SA (BNP.DE). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

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

Returns By Period

In the year-to-date period, IQSA.L achieves a 14.47% return, which is significantly lower than BNP.DE's 23.65% 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*
—

BNP.DE

1D
-0.52%
1M
5.59%
YTD
23.65%
6M
24.85%
1Y
35.62%
3Y*
29.93%
5Y*
21.14%
10Y*
15.81%
*Multi-year figures are annualized to reflect compound growth (CAGR)

IQSA.L vs. BNP.DE - Yearly Performance Comparison

2026 (YTD)2025202420232022202120202019
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%
BNP.DE
BNP Paribas SA		23.65%71.23%-5.58%29.18%-10.42%32.37%-10.16%24.90%

Correlation

The correlation between IQSA.L and BNP.DE is 0.53, 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

0.53

Correlation (3Y)
Calculated over the trailing 3-year period

0.51

Correlation (5Y)
Calculated over the trailing 5-year period

0.54

Correlation (All Time)
Calculated using the full available price history since Jul 30, 2019

0.54

The correlation between IQSA.L and BNP.DE has been stable across timeframes, ranging from 0.51 to 0.54 - a consistent structural relationship.

Compare stocks, funds, or ETFs

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Invesco Global Active ESG Equity UCITS ETF USD Acc

BNP Paribas SA

Often compared with IQSA.L:
IQSA.L vs. PQVG.LIQSA.L vs. SPYI.DEIQSA.L vs. SWDA.LIQSA.L vs. VOOIQSA.L vs. IMID.LIQSA.L vs. QWLDIQSA.L vs. NTSX
Often compared with BNP.DE:
BNP.DE vs. NMRBNP.DE vs. JPMBNP.DE vs. SXR8.DEBNP.DE vs. DNKEYBNP.DE vs. OMV.DEBNP.DE vs. UBSBNP.DE vs. APO

Return for Risk

IQSA.L vs. BNP.DE — 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: 8181
Overall Rank
IQSA.L Sharpe Ratio Rank: 8080
Sharpe Ratio Rank
IQSA.L Sortino Ratio Rank: 8686
Sortino Ratio Rank
IQSA.L Omega Ratio Rank: 7979
Omega Ratio Rank
IQSA.L Calmar Ratio Rank: 7676
Calmar Ratio Rank
IQSA.L Martin Ratio Rank: 8383
Martin Ratio Rank
BNP.DE
BNP.DE Risk / Return Rank: 7878
Overall Rank
BNP.DE Sharpe Ratio Rank: 8282
Sharpe Ratio Rank
BNP.DE Sortino Ratio Rank: 7777
Sortino Ratio Rank
BNP.DE Omega Ratio Rank: 7777
Omega Ratio Rank
BNP.DE Calmar Ratio Rank: 7777
Calmar Ratio Rank
BNP.DE Martin Ratio Rank: 7878
Martin Ratio Rank
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. BNP.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.L) and BNP Paribas SA (BNP.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.

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.LBNP.DEDifference
Sharpe ratioReturn per unit of total volatility
2.17
1.21

+0.96

Sortino ratioReturn per unit of downside risk
3.29
1.75

+1.54

Omega ratioGain probability vs. loss probability

1.39

1.23

+0.17

Calmar ratioReturn relative to maximum drawdown

3.33

1.73

+1.60

Martin ratioReturn relative to average drawdown

14.21

4.32

+9.89

IQSA.L vs. BNP.DE - Sharpe Ratio Comparison

The current IQSA.L Sharpe Ratio is 2.17, which is higher than the BNP.DE Sharpe Ratio of 1.21. The chart below compares the historical Sharpe Ratios of IQSA.L and BNP.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

IQSA.L vs. BNP.DE - Drawdown Comparison

The maximum IQSA.L drawdown since its inception was -34.64%, smaller than the maximum BNP.DE drawdown of -77.83%. Use the drawdown chart below to compare losses from any high point for IQSA.L and BNP.DE.

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Drawdown Indicators

IQSA.LBNP.DEDifference

Max Drawdown

Largest peak-to-trough decline

-34.64%

-77.83%

+43.19%

Max Drawdown (1Y)

Largest decline over 1 year

-8.65%

-20.51%

+11.86%

Max Drawdown (3Y)

Largest decline over 3 years

-16.99%

-21.42%

+4.43%

Max Drawdown (5Y)

Largest decline over 5 years

-25.67%

-42.43%

+16.76%

Max Drawdown (10Y)

Largest decline over 10 years

—

-64.21%

—

Current Drawdown

Current decline from peak

-1.18%

-2.01%

+0.83%

Average Drawdown

Average peak-to-trough decline

-4.88%

-28.23%

+23.35%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.03%

8.23%

-6.20%

Volatility

IQSA.L vs. BNP.DE - Volatility Comparison

The current volatility for Invesco Global Active ESG Equity UCITS ETF USD Acc (IQSA.L) is 4.06%, while BNP Paribas SA (BNP.DE) has a volatility of 7.13%. This indicates that IQSA.L experiences smaller price fluctuations and is considered to be less risky than BNP.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.LBNP.DEDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.06%

7.13%

-3.07%

Volatility (6M)

Calculated over the trailing 6-month period

10.68%

22.25%

-11.57%

Volatility (1Y)

Calculated over the trailing 1-year period

13.30%

29.32%

-16.02%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.56%

31.02%

-14.46%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.03%

32.64%

-14.61%

Dividends

IQSA.L vs. BNP.DE - Dividend Comparison

IQSA.L has not paid dividends to shareholders, while BNP.DE's dividend yield for the trailing twelve months is around 5.14%.

PositionTTM20252024202320222021202020192018201720162015
BNP.DE
BNP Paribas SA		5.14%9.08%7.80%6.21%6.84%2.55%0.00%5.69%7.67%4.33%3.85%2.84%
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

IQSA.L and BNP.DE have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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