IQSE.DE vs. AOD

Last updated Jul 21, 2026

IQSE.DE (Invesco Global Active ESG Equity UCITS ETF EUR PfHedged Acc) is Global Equities fund actively managed by Invesco, while AOD (Abrdn Total Dynamic Dividend Fund) is a stock. Over the past 5 years, IQSE.DE returned 13.42%/yr vs 11.64%/yr for AOD. At a 0.47 correlation, their price movements are largely independent. IQSE.DE charges 0.30%/yr vs 1.19%/yr for AOD.

Performance

IQSE.DE vs. AOD - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Invesco Global Active ESG Equity UCITS ETF EUR PfHedged Acc (IQSE.DE) and Abrdn Total Dynamic Dividend Fund (AOD). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

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

Returns By Period

In the year-to-date period, IQSE.DE achieves a 14.06% return, which is significantly lower than AOD's 17.79% return.

IQSE.DE

• 1D: 0.22%
• 1M: -0.67%
• 6M: 13.03%
• YTD: 14.06%
• 1Y: 27.65%
• 3Y*: 21.28%
• 5Y*: 13.42%
• 10Y*: —
• ALL TIME*: 14.23%

AOD

• 1D: 0.59%
• 1M: 2.36%
• 6M: 14.32%
• YTD: 17.79%
• 1Y: 35.04%
• 3Y*: 19.62%
• 5Y*: 11.64%
• 10Y*: 12.73%
• ALL TIME*: 5.27%

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

IQSE.DE vs. AOD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
IQSE.DE Invesco Global Active ESG Equity UCITS ETF EUR PfHedged Acc	14.06%	19.02%	24.13%	22.41%	-14.80%	26.85%	6.30%	6.70%
AOD Abrdn Total Dynamic Dividend Fund	17.79%	16.46%	23.69%	9.28%	-12.02%	33.06%	-0.79%	9.85%

Correlation

The correlation between IQSE.DE and AOD is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.49
Correlation (3Y) Calculated over the trailing 3-year period	0.42
Correlation (5Y) Calculated over the trailing 5-year period	0.44
Correlation (All Time) Calculated using the full available price history since Jul 30, 2019	0.47

Return for Risk

IQSE.DE vs. AOD — Risk / Return Rank

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

IQSE.DE

IQSE.DE Risk / Return Rank: 87
IQSE.DE Sharpe Ratio Rank: 87
IQSE.DE Sortino Ratio Rank: 90
IQSE.DE Omega Ratio Rank: 86
IQSE.DE Calmar Ratio Rank: 84
IQSE.DE Martin Ratio Rank: 89

AOD

AOD Risk / Return Rank: 88
AOD Sharpe Ratio Rank: 92
AOD Sortino Ratio Rank: 90
AOD Omega Ratio Rank: 91
AOD Calmar Ratio Rank: 79
AOD Martin Ratio Rank: 88

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.

IQSE.DE vs. AOD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Global Active ESG Equity UCITS ETF EUR PfHedged Acc (IQSE.DE) 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.

	IQSE.DE	AOD	Difference
Sharpe ratio: Return per unit of total volatility	2.14	2.26	-0.12
Sortino ratio: Return per unit of downside risk	3.22	2.95	+0.27
Omega ratio: Gain probability vs. loss probability	1.39	1.41	-0.02
Calmar ratio: Return relative to maximum drawdown	3.39	2.41	+0.99
Martin ratio: Return relative to average drawdown	14.27	10.63	+3.63

IQSE.DE vs. AOD - Sharpe Ratio Comparison

The current IQSE.DE Sharpe Ratio is 2.14, which is comparable to the AOD Sharpe Ratio of 2.26. The chart below compares the historical Sharpe Ratios of IQSE.DE 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

IQSE.DE vs. AOD - Drawdown Comparison

The maximum IQSE.DE drawdown since its inception was -33.78%, smaller than the maximum AOD drawdown of -67.13%. Use the drawdown chart below to compare losses from any high point for IQSE.DE and AOD.

Drawdown Indicators

	IQSE.DE	AOD	Difference
Max Drawdown Largest peak-to-trough decline	-33.78%	-67.13%	+33.35%
Max Drawdown (1Y) Largest decline over 1 year	-8.11%	-14.62%	+6.51%
Max Drawdown (3Y) Largest decline over 3 years	-18.04%	-18.64%	+0.60%
Max Drawdown (5Y) Largest decline over 5 years	-23.46%	-18.64%	-4.82%
Max Drawdown (10Y) Largest decline over 10 years	—	-44.23%	—
Current Drawdown Current decline from peak	-1.29%	-0.53%	-0.76%
Average Drawdown Average peak-to-trough decline	-5.00%	-20.55%	+15.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.93%	3.30%	-1.37%

Volatility

IQSE.DE vs. AOD - Volatility Comparison

Invesco Global Active ESG Equity UCITS ETF EUR PfHedged Acc (IQSE.DE) has a higher volatility of 3.50% compared to Abrdn Total Dynamic Dividend Fund (AOD) at 3.15%. This indicates that IQSE.DE's price experiences larger fluctuations and is considered to be riskier than AOD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IQSE.DE	AOD	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.50%	3.15%	+0.35%
Volatility (6M) Calculated over the trailing 6-month period	10.32%	12.42%	-2.10%
Volatility (1Y) Calculated over the trailing 1-year period	12.89%	15.61%	-2.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.65%	16.27%	-0.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.55%	18.68%	-1.13%

IQSE.DE vs. AOD - Expense Ratio Comparison

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

Dividends

IQSE.DE vs. AOD - Dividend Comparison

IQSE.DE has not paid dividends to shareholders, while AOD's dividend yield for the trailing twelve months is around 11.62%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AOD Abrdn Total Dynamic Dividend Fund	11.62%	12.00%	10.73%	8.56%	8.85%	6.75%	7.80%	7.71%	9.57%	7.29%	9.10%	8.93%
IQSE.DE Invesco Global Active ESG Equity UCITS ETF EUR PfHedged 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 IQSE.DE and AOD in my portfolio?

IQSE.DE and AOD have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.