IQSE.DE vs. WDTE.DE
IQSE.DE (Invesco Global Active ESG Equity UCITS ETF EUR PfHedged Acc) and WDTE.DE (Invesco S&P World Information Technology ESG UCITS ETF Acc) are both exchange-traded funds - IQSE.DE is a Global Equities fund actively managed by Invesco, while WDTE.DE is a Technology Equities fund tracking the S&P Developed Ex-Korea LargeMidCap ESG Enhanced Information Technology. IQSE.DE is actively managed, while WDTE.DE is passively managed. Over the past 3 years, IQSE.DE returned 22.25%/yr vs 22.74%/yr for WDTE.DE. A 0.66 correlation means they provide meaningful diversification when combined. IQSE.DE charges 0.30%/yr vs 0.18%/yr for WDTE.DE.
Performance
IQSE.DE vs. WDTE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, IQSE.DE achieves a 15.26% return, which is significantly higher than WDTE.DE's 11.66% return.
IQSE.DE
- 1D
- 0.51%
- 1M
- 1.73%
- 6M
- 15.25%
- YTD
- 15.26%
- 1Y
- 28.52%
- 3Y*
- 22.25%
- 5Y*
- 13.68%
- 10Y*
- —
WDTE.DE
- 1D
- 0.00%
- 1M
- -8.03%
- 6M
- 12.16%
- YTD
- 11.66%
- 1Y
- 23.52%
- 3Y*
- 22.74%
- 5Y*
- —
- 10Y*
- —
IQSE.DE vs. WDTE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
IQSE.DE Invesco Global Active ESG Equity UCITS ETF EUR PfHedged Acc | 15.26% | 19.02% | 24.13% | 15.33% |
WDTE.DE Invesco S&P World Information Technology ESG UCITS ETF Acc | 11.66% | 6.19% | 42.11% | 32.50% |
Correlation
The correlation between IQSE.DE and WDTE.DE is 0.68, 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 | 0.68 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.68 |
Correlation (All Time) Calculated using the full available price history since Apr 17, 2023 | 0.66 |
The correlation between IQSE.DE and WDTE.DE has been stable across timeframes, ranging from 0.66 to 0.68 - a consistent structural relationship.
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Return for Risk
IQSE.DE vs. WDTE.DE — Risk / Return Rank
IQSE.DE
WDTE.DE
IQSE.DE vs. WDTE.DE - 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 Invesco S&P World Information Technology ESG UCITS ETF Acc (WDTE.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.
| IQSE.DE | WDTE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.08 | ||
| Sortino ratioReturn per unit of downside risk | +1.70 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.20 | +0.20 |
| Calmar ratioReturn relative to maximum drawdown | 3.50 | 1.50 | +2.01 |
| Martin ratioReturn relative to average drawdown | 14.74 | 3.72 | +11.01 |
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Drawdowns
IQSE.DE vs. WDTE.DE - Drawdown Comparison
The maximum IQSE.DE drawdown since its inception was -33.78%, which is greater than WDTE.DE's maximum drawdown of -28.19%. Use the drawdown chart below to compare losses from any high point for IQSE.DE and WDTE.DE.
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Drawdown Indicators
| IQSE.DE | WDTE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.78% | -28.19% | -5.59% |
Max Drawdown (1Y)Largest decline over 1 year | -8.11% | -15.79% | +7.68% |
Max Drawdown (3Y)Largest decline over 3 years | -18.04% | -28.19% | +10.15% |
Max Drawdown (5Y)Largest decline over 5 years | -23.46% | — | — |
Current DrawdownCurrent decline from peak | -0.20% | -9.06% | +8.86% |
Average DrawdownAverage peak-to-trough decline | -5.03% | -5.02% | -0.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.93% | 6.33% | -4.40% |
Volatility
IQSE.DE vs. WDTE.DE - Volatility Comparison
The current volatility for Invesco Global Active ESG Equity UCITS ETF EUR PfHedged Acc (IQSE.DE) is 3.87%, while Invesco S&P World Information Technology ESG UCITS ETF Acc (WDTE.DE) has a volatility of 7.51%. This indicates that IQSE.DE experiences smaller price fluctuations and is considered to be less risky than WDTE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IQSE.DE | WDTE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.87% | 7.51% | -3.64% |
Volatility (6M)Calculated over the trailing 6-month period | 10.27% | 16.55% | -6.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.87% | 20.88% | -8.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.67% | 21.88% | -6.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.58% | 21.88% | -4.30% |
IQSE.DE vs. WDTE.DE - Expense Ratio Comparison
IQSE.DE has a 0.30% expense ratio, which is higher than WDTE.DE's 0.18% expense ratio.
Dividends
IQSE.DE vs. WDTE.DE - Dividend Comparison
Neither IQSE.DE nor WDTE.DE has paid dividends to shareholders.
Frequently Asked Questions
IQSE.DE and WDTE.DE have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WDTE.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WDTE.DE is cheaper with a 0.18% expense ratio, compared with 0.30% for IQSE.DE.
IQSE.DE is categorized as Global Equities, while WDTE.DE is Technology Equities. Their fees differ too: 0.30% for IQSE.DE and 0.18% for WDTE.DE.
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