IQSS.L vs. EEDM.L
IQSS.L (Invesco Global Active ESG Equity UCITS ETF USD Acc) and EEDM.L (iShares MSCI EM CTB Enhanced ESG UCITS ETF USD (Dist)) are both exchange-traded funds - IQSS.L is a ESG fund actively managed by Invesco, while EEDM.L is a Emerging Markets Equities fund tracking the MSCI EM ESG Enhanced CTB Index. IQSS.L is actively managed, while EEDM.L is passively managed. Over the past year, IQSS.L returned 30.85% vs 33.73% for EEDM.L. A 0.63 correlation means they provide meaningful diversification when combined. IQSS.L charges 0.60%/yr vs 0.18%/yr for EEDM.L.
Performance
IQSS.L vs. EEDM.L - Performance Comparison
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Different Trading Currencies
IQSS.L is traded in GBp, while EEDM.L is traded in USD. To make them comparable, the EEDM.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, IQSS.L achieves a 16.70% return, which is significantly lower than EEDM.L's 18.62% return.
IQSS.L
- 1D
- 0.00%
- 1M
- 0.91%
- 6M
- 14.90%
- YTD
- 16.70%
- 1Y
- 30.85%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EEDM.L
- 1D
- 0.00%
- 1M
- -7.27%
- 6M
- 13.23%
- YTD
- 18.62%
- 1Y
- 33.73%
- 3Y*
- 18.46%
- 5Y*
- 6.71%
- 10Y*
- —
IQSS.L vs. EEDM.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
IQSS.L Invesco Global Active ESG Equity UCITS ETF USD Acc | 16.70% | 14.30% | 6.63% |
EEDM.L iShares MSCI EM CTB Enhanced ESG UCITS ETF USD (Dist) | 18.62% | 25.83% | 0.45% |
Correlation
The correlation between IQSS.L and EEDM.L is 0.67, 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 | 0.67 |
Correlation (All Time) Calculated using the full available price history since Jul 10, 2024 | 0.63 |
The correlation between IQSS.L and EEDM.L has been stable across timeframes, ranging from 0.63 to 0.67 - a consistent structural relationship.
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Return for Risk
IQSS.L vs. EEDM.L — Risk / Return Rank
IQSS.L
EEDM.L
IQSS.L vs. EEDM.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 (IQSS.L) and iShares MSCI EM CTB Enhanced ESG UCITS ETF USD (Dist) (EEDM.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.
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.
| IQSS.L | EEDM.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.98 | ||
| Sortino ratioReturn per unit of downside risk | +1.43 | ||
| Omega ratioGain probability vs. loss probability | 1.49 | 1.31 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | 4.55 | 3.04 | +1.51 |
| Martin ratioReturn relative to average drawdown | 18.75 | 8.60 | +10.15 |
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Drawdowns
IQSS.L vs. EEDM.L - Drawdown Comparison
The maximum IQSS.L drawdown since its inception was -18.91%, smaller than the maximum EEDM.L drawdown of -27.49%. Use the drawdown chart below to compare losses from any high point for IQSS.L and EEDM.L.
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Drawdown Indicators
| IQSS.L | EEDM.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.91% | -27.49% | +8.58% |
Max Drawdown (1Y)Largest decline over 1 year | -6.81% | -11.08% | +4.27% |
Max Drawdown (3Y)Largest decline over 3 years | — | -15.81% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -22.89% | — |
Current DrawdownCurrent decline from peak | -0.63% | -10.27% | +9.64% |
Average DrawdownAverage peak-to-trough decline | -2.74% | -11.96% | +9.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.65% | 3.92% | -2.27% |
Volatility
IQSS.L vs. EEDM.L - Volatility Comparison
The current volatility for Invesco Global Active ESG Equity UCITS ETF USD Acc (IQSS.L) is 3.72%, while iShares MSCI EM CTB Enhanced ESG UCITS ETF USD (Dist) (EEDM.L) has a volatility of 8.97%. This indicates that IQSS.L experiences smaller price fluctuations and is considered to be less risky than EEDM.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IQSS.L | EEDM.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.72% | 8.97% | -5.25% |
Volatility (6M)Calculated over the trailing 6-month period | 9.21% | 18.83% | -9.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.93% | 20.75% | -8.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.11% | 17.79% | -3.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.11% | 19.28% | -5.17% |
IQSS.L vs. EEDM.L - Expense Ratio Comparison
IQSS.L has a 0.60% expense ratio, which is higher than EEDM.L's 0.18% expense ratio.
Dividends
IQSS.L vs. EEDM.L - Dividend Comparison
IQSS.L has not paid dividends to shareholders, while EEDM.L's dividend yield for the trailing twelve months is around 1.65%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
EEDM.L iShares MSCI EM CTB Enhanced ESG UCITS ETF USD (Dist) | 1.65% | 1.89% | 2.37% | 2.37% | 2.59% | 1.97% | 1.54% | 0.05% |
IQSS.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% |
Frequently Asked Questions
IQSS.L and EEDM.L have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EEDM.L is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EEDM.L is cheaper with a 0.18% expense ratio, compared with 0.60% for IQSS.L.
IQSS.L is categorized as ESG, while EEDM.L is Emerging Markets Equities. They also come from different issuers: Invesco and iShares. Their fees differ too: 0.60% for IQSS.L and 0.18% for EEDM.L.
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