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IQSA.L vs. SBUY.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IQSA.L vs. SBUY.L

Last updated Jun 5, 2026

IQSA.L (Invesco Global Active ESG Equity UCITS ETF USD Acc) and SBUY.L (Invesco Global Buyback Achievers UCITS ETF) are both Global Equities funds from Invesco. IQSA.L is actively managed, while SBUY.L is passively managed. Over the past 5 years, IQSA.L returned 14.40%/yr vs 9.80%/yr for SBUY.L. Their correlation of 0.82 suggests significant overlap in exposure. IQSA.L charges 0.30%/yr vs 0.39%/yr for SBUY.L.

Performance

IQSA.L vs. SBUY.L - 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 Invesco Global Buyback Achievers UCITS ETF (SBUY.L). 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 SBUY.L is traded in GBp. To make them comparable, the SBUY.L 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 14.07% return, which is significantly higher than SBUY.L's 6.22% return.

IQSA.L

1D
0.00%
1M
5.34%
YTD
14.07%
6M
16.56%
1Y
30.89%
3Y*
25.43%
5Y*
14.40%
10Y*
—

SBUY.L

1D
0.94%
1M
0.81%
YTD
6.22%
6M
9.15%
1Y
24.08%
3Y*
21.69%
5Y*
9.80%
10Y*
12.24%
*Multi-year figures are annualized to reflect compound growth (CAGR)

IQSA.L vs. SBUY.L - Yearly Performance Comparison

2026 (YTD)2025202420232022202120202019
IQSA.L
Invesco Global Active ESG Equity UCITS ETF USD Acc		14.07%22.67%22.82%24.38%-14.01%24.96%10.21%12.52%
SBUY.L
Invesco Global Buyback Achievers UCITS ETF		6.22%30.78%12.73%15.23%-11.50%20.26%11.75%15.69%

Correlation

The correlation between IQSA.L and SBUY.L is 0.73, 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

0.73

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

0.76

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

0.81

Correlation (All Time)
Calculated using the full available price history since Aug 6, 2019

0.82

The correlation between IQSA.L and SBUY.L has been stable across timeframes, ranging from 0.73 to 0.82 - a consistent structural relationship.

IQSA.L vs. SBUY.L - Sectors Allocation Comparison

Sectors
IQSA.L
SBUY.L

Technology

33.0%
7.6%

Financial Services

21.2%
32.9%

Industrials

13.3%
11.0%

Communication Services

11.3%
4.1%

Consumer Cyclical

7.9%
15.8%

Healthcare

7.3%
5.5%

Basic Materials

3.7%
1.4%

Consumer Defensive

1.8%
1.9%

Utilities

0.3%
2.2%

Real Estate

0.3%
0.5%

Energy

-

17.1%

Technology

IQSA.L
33.0%
SBUY.L
7.6%

Financial Services

IQSA.L
21.2%
SBUY.L
32.9%

Industrials

IQSA.L
13.3%
SBUY.L
11.0%

Communication Services

IQSA.L
11.3%
SBUY.L
4.1%

Consumer Cyclical

IQSA.L
7.9%
SBUY.L
15.8%

Healthcare

IQSA.L
7.3%
SBUY.L
5.5%

Basic Materials

IQSA.L
3.7%
SBUY.L
1.4%

Consumer Defensive

IQSA.L
1.8%
SBUY.L
1.9%

Utilities

IQSA.L
0.3%
SBUY.L
2.2%

Real Estate

IQSA.L
0.3%
SBUY.L
0.5%

Energy

IQSA.L

-

SBUY.L
17.1%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Invesco Global Active ESG Equity UCITS ETF USD Acc

Invesco Global Buyback Achievers UCITS ETF

Often compared with IQSA.L:
IQSA.L vs. PQVG.LIQSA.L vs. SPYI.DEIQSA.L vs. SWDA.LIQSA.L vs. QWLDIQSA.L vs. IMID.LIQSA.L vs. VOOIQSA.L vs. NTSX
Often compared with SBUY.L:
SBUY.L vs. XDWI.LSBUY.L vs. BUYB.LSBUY.L vs. BYBG.LSBUY.L vs. PKWSBUY.L vs. QQQSBUY.L vs. SPYSBUY.L vs. VMO.TO

Return for Risk

IQSA.L vs. SBUY.L — 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: 7676
Overall Rank
IQSA.L Sharpe Ratio Rank: 7373
Sharpe Ratio Rank
IQSA.L Sortino Ratio Rank: 8080
Sortino Ratio Rank
IQSA.L Omega Ratio Rank: 7373
Omega Ratio Rank
IQSA.L Calmar Ratio Rank: 7272
Calmar Ratio Rank
IQSA.L Martin Ratio Rank: 7979
Martin Ratio Rank
SBUY.L
SBUY.L Risk / Return Rank: 8282
Overall Rank
SBUY.L Sharpe Ratio Rank: 8080
Sharpe Ratio Rank
SBUY.L Sortino Ratio Rank: 8080
Sortino Ratio Rank
SBUY.L Omega Ratio Rank: 7878
Omega Ratio Rank
SBUY.L Calmar Ratio Rank: 8989
Calmar Ratio Rank
SBUY.L Martin Ratio Rank: 8484
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. SBUY.L - 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 Invesco Global Buyback Achievers UCITS ETF (SBUY.L). 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.LSBUY.LDifference
Sharpe ratioReturn per unit of total volatility
2.35
2.13

+0.23

Sortino ratioReturn per unit of downside risk
3.54
3.12

+0.43

Omega ratioGain probability vs. loss probability

1.43

1.37

+0.06

Calmar ratioReturn relative to maximum drawdown

3.55

3.40

+0.16

Martin ratioReturn relative to average drawdown

15.35

11.50

+3.86

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.L vs. SBUY.L - Sharpe Ratio Comparison

The current IQSA.L Sharpe Ratio is 2.35, which is comparable to the SBUY.L Sharpe Ratio of 2.13. The chart below compares the historical Sharpe Ratios of IQSA.L and SBUY.L, 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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Sharpe Ratios by Period

IQSA.LSBUY.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.35

2.13

+0.23

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.87

0.62

+0.25

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.73

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.92

0.69

+0.23

Drawdowns

IQSA.L vs. SBUY.L - Drawdown Comparison

The maximum IQSA.L drawdown since its inception was -34.64%, smaller than the maximum SBUY.L drawdown of -38.71%. Use the drawdown chart below to compare losses from any high point for IQSA.L and SBUY.L.

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Drawdown Indicators

IQSA.LSBUY.LDifference

Max Drawdown

Largest peak-to-trough decline

-34.64%

-38.71%

+4.07%

Max Drawdown (1Y)

Largest decline over 1 year

-8.65%

-7.06%

-1.59%

Max Drawdown (3Y)

Largest decline over 3 years

-17.00%

-16.45%

-0.55%

Max Drawdown (5Y)

Largest decline over 5 years

-25.67%

-27.07%

+1.40%

Max Drawdown (10Y)

Largest decline over 10 years

—

-38.71%

—

Current Drawdown

Current decline from peak

-0.53%

-0.41%

-0.12%

Average Drawdown

Average peak-to-trough decline

-4.91%

-5.78%

+0.87%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.01%

2.09%

-0.08%

Volatility

IQSA.L vs. SBUY.L - Volatility Comparison

Invesco Global Active ESG Equity UCITS ETF USD Acc (IQSA.L) has a higher volatility of 4.00% compared to Invesco Global Buyback Achievers UCITS ETF (SBUY.L) at 2.96%. This indicates that IQSA.L's price experiences larger fluctuations and is considered to be riskier than SBUY.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

IQSA.LSBUY.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.00%

2.96%

+1.04%

Volatility (6M)

Calculated over the trailing 6-month period

10.26%

8.43%

+1.83%

Volatility (1Y)

Calculated over the trailing 1-year period

13.06%

11.28%

+1.78%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.54%

15.86%

+0.68%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.14%

16.80%

+1.34%

IQSA.L vs. SBUY.L - Expense Ratio Comparison

IQSA.L has a 0.30% expense ratio, which is lower than SBUY.L's 0.39% expense ratio.

Dividends

IQSA.L vs. SBUY.L - Dividend Comparison

IQSA.L has not paid dividends to shareholders, while SBUY.L's dividend yield for the trailing twelve months is around 1.69%.

PositionTTM20252024202320222021202020192018201720162015
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%
SBUY.L
Invesco Global Buyback Achievers UCITS ETF		1.69%1.86%1.80%1.73%1.91%1.20%1.62%1.90%1.31%1.22%1.60%1.27%

Frequently Asked Questions

IQSA.L and SBUY.L have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, IQSA.L is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

IQSA.L is cheaper with a 0.30% expense ratio, compared with 0.39% for SBUY.L.

Their fees differ too: 0.30% for IQSA.L and 0.39% for SBUY.L.

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