IQSS.L vs. ESGS.L
IQSS.L (Invesco Global Active ESG Equity UCITS ETF USD Acc) and ESGS.L (Invesco MSCI USA Universal Screened UCITS ETF USD (Acc)) are both exchange-traded funds - IQSS.L is a ESG fund actively managed by Invesco, while ESGS.L is a US Equities fund tracking the MSCI USA Universal Select Business Screens Index. IQSS.L is actively managed, while ESGS.L is passively managed. Over the past year, IQSS.L returned 29.03% vs 19.87% for ESGS.L. Their correlation of 0.91 suggests significant overlap in exposure. IQSS.L charges 0.60%/yr vs 0.09%/yr for ESGS.L.
Performance
IQSS.L vs. ESGS.L - Performance Comparison
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Returns By Period
In the year-to-date period, IQSS.L achieves a 15.17% return, which is significantly higher than ESGS.L's 10.00% return.
IQSS.L
- 1D
- 0.00%
- 1M
- -1.03%
- 6M
- 12.19%
- YTD
- 15.17%
- 1Y
- 29.03%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ESGS.L
- 1D
- -0.94%
- 1M
- -1.50%
- 6M
- 8.24%
- YTD
- 10.00%
- 1Y
- 19.87%
- 3Y*
- 18.03%
- 5Y*
- 12.32%
- 10Y*
- —
IQSS.L vs. ESGS.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
IQSS.L Invesco Global Active ESG Equity UCITS ETF USD Acc | 15.17% | 14.30% | 6.63% |
ESGS.L Invesco MSCI USA Universal Screened UCITS ETF USD (Acc) | 10.00% | 7.44% | 9.19% |
Correlation
The correlation between IQSS.L and ESGS.L is 0.88, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.88 |
Correlation (All Time) Calculated using the full available price history since Jul 10, 2024 | 0.91 |
The correlation between IQSS.L and ESGS.L has been stable across timeframes, ranging from 0.88 to 0.91 - a consistent structural relationship.
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Return for Risk
IQSS.L vs. ESGS.L — Risk / Return Rank
IQSS.L
ESGS.L
IQSS.L vs. ESGS.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 Invesco MSCI USA Universal Screened UCITS ETF USD (Acc) (ESGS.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 | ESGS.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.74 | ||
| Sortino ratioReturn per unit of downside risk | +1.08 | ||
| Omega ratioGain probability vs. loss probability | 1.47 | 1.31 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 4.28 | 2.42 | +1.86 |
| Martin ratioReturn relative to average drawdown | 17.51 | 8.32 | +9.19 |
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Drawdowns
IQSS.L vs. ESGS.L - Drawdown Comparison
The maximum IQSS.L drawdown since its inception was -18.91%, smaller than the maximum ESGS.L drawdown of -29.04%. Use the drawdown chart below to compare losses from any high point for IQSS.L and ESGS.L.
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Drawdown Indicators
| IQSS.L | ESGS.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.91% | -29.04% | +10.13% |
Max Drawdown (1Y)Largest decline over 1 year | -6.81% | -8.16% | +1.35% |
Max Drawdown (3Y)Largest decline over 3 years | — | -21.65% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -21.65% | — |
Current DrawdownCurrent decline from peak | -1.93% | -2.89% | +0.96% |
Average DrawdownAverage peak-to-trough decline | -2.74% | -6.91% | +4.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.66% | 2.38% | -0.72% |
Volatility
IQSS.L vs. ESGS.L - Volatility Comparison
Invesco Global Active ESG Equity UCITS ETF USD Acc (IQSS.L) and Invesco MSCI USA Universal Screened UCITS ETF USD (Acc) (ESGS.L) have volatilities of 3.77% and 3.66%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IQSS.L | ESGS.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.77% | 3.66% | +0.11% |
Volatility (6M)Calculated over the trailing 6-month period | 9.18% | 8.60% | +0.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.93% | 11.59% | +0.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.11% | 20.35% | -6.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.11% | 21.41% | -7.30% |
IQSS.L vs. ESGS.L - Expense Ratio Comparison
IQSS.L has a 0.60% expense ratio, which is higher than ESGS.L's 0.09% expense ratio.
Dividends
IQSS.L vs. ESGS.L - Dividend Comparison
Neither IQSS.L nor ESGS.L has paid dividends to shareholders.
Frequently Asked Questions
IQSS.L and ESGS.L have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ESGS.L is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ESGS.L is cheaper with a 0.09% expense ratio, compared with 0.60% for IQSS.L.
IQSS.L is categorized as ESG, while ESGS.L is US Equities. Their fees differ too: 0.60% for IQSS.L and 0.09% for ESGS.L.
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