IQSS.L vs. FTWG.L

Last updated Apr 2, 2026

Compare and contrast key facts about Invesco Global Active ESG Equity UCITS ETF USD Acc (IQSS.L) and Invesco FTSE All-World UCITS ETF USD Dist (FTWG.L).

IQSS.L and FTWG.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IQSS.L is an actively managed fund by Invesco. It was launched on Sep 7, 2022. FTWG.L is a passively managed fund by Invesco that tracks the performance of the FTSE All-World Index. It was launched on Feb 20, 2024.

Performance

IQSS.L vs. FTWG.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 (IQSS.L) and Invesco FTSE All-World UCITS ETF USD Dist (FTWG.L). The values are adjusted to include any dividend payments, if applicable.

IQSS.L vs. FTWG.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024
IQSS.L Invesco Global Active ESG Equity UCITS ETF USD Acc	1.40%	14.30%	6.63%
FTWG.L Invesco FTSE All-World UCITS ETF USD Dist	-0.52%	14.12%	5.93%

Returns By Period

In the year-to-date period, IQSS.L achieves a 1.40% return, which is significantly higher than FTWG.L's -0.52% return.

IQSS.L

• 1D: 2.55%
• 1M: -2.88%
• YTD: 1.40%
• 6M: 6.70%
• 1Y: 20.85%
• 3Y*: —
• 5Y*: —
• 10Y*: —

FTWG.L

• 1D: 1.96%
• 1M: -3.71%
• YTD: -0.52%
• 6M: 3.24%
• 1Y: 18.32%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

IQSS.L vs. FTWG.L - Expense Ratio Comparison

IQSS.L has a 0.60% expense ratio, which is higher than FTWG.L's 0.15% expense ratio.

IQSS.L

Invesco Global Active ESG Equity UCITS ETF USD Acc

FTWG.L

Invesco FTSE All-World UCITS ETF USD Dist

Return for Risk

IQSS.L vs. FTWG.L — Risk / Return Rank

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

IQSS.L

IQSS.L Risk / Return Rank: 79
IQSS.L Sharpe Ratio Rank: 73
IQSS.L Sortino Ratio Rank: 73
IQSS.L Omega Ratio Rank: 72
IQSS.L Calmar Ratio Rank: 87
IQSS.L Martin Ratio Rank: 87

FTWG.L

FTWG.L Risk / Return Rank: 76
FTWG.L Sharpe Ratio Rank: 72
FTWG.L Sortino Ratio Rank: 70
FTWG.L Omega Ratio Rank: 71
FTWG.L Calmar Ratio Rank: 84
FTWG.L Martin Ratio Rank: 83

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.

IQSS.L vs. FTWG.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 FTSE All-World UCITS ETF USD Dist (FTWG.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.

	IQSS.L	FTWG.L	Difference
Sharpe ratio Return per unit of total volatility	1.39	1.31	+0.07
Sortino ratio Return per unit of downside risk	1.94	1.81	+0.13
Omega ratio Gain probability vs. loss probability	1.28	1.27	+0.01
Calmar ratio Return relative to maximum drawdown	3.07	2.59	+0.48
Martin ratio Return relative to average drawdown	11.78	9.87	+1.90
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IQSS.L vs. FTWG.L - Sharpe Ratio Comparison

The current IQSS.L Sharpe Ratio is 1.39, which is comparable to the FTWG.L Sharpe Ratio of 1.31. The chart below compares the historical Sharpe Ratios of IQSS.L and FTWG.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	IQSS.L	FTWG.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.39	1.31	+0.07
Sharpe Ratio (All Time) Calculated using the full available price history	0.91	1.22	-0.32

Correlation

The correlation between IQSS.L and FTWG.L is 0.93, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

IQSS.L vs. FTWG.L - Dividend Comparison

IQSS.L has not paid dividends to shareholders, while FTWG.L's dividend yield for the trailing twelve months is around 1.37%.

	TTM	2025	2024	2023
IQSS.L Invesco Global Active ESG Equity UCITS ETF USD Acc	0.00%	0.00%	0.00%	0.00%
FTWG.L Invesco FTSE All-World UCITS ETF USD Dist	1.37%	1.34%	1.50%	0.70%

Drawdowns

IQSS.L vs. FTWG.L - Drawdown Comparison

The maximum IQSS.L drawdown since its inception was -18.91%, which is greater than FTWG.L's maximum drawdown of -17.78%. Use the drawdown chart below to compare losses from any high point for IQSS.L and FTWG.L.

Drawdown Indicators

	IQSS.L	FTWG.L	Difference
Max Drawdown Largest peak-to-trough decline	-18.91%	-17.78%	-1.13%
Max Drawdown (1Y) Largest decline over 1 year	-10.21%	-10.16%	-0.05%
Current Drawdown Current decline from peak	-3.48%	-4.05%	+0.57%
Average Drawdown Average peak-to-trough decline	-3.08%	-2.06%	-1.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.78%	1.87%	-0.09%

Volatility

IQSS.L vs. FTWG.L - Volatility Comparison

Invesco Global Active ESG Equity UCITS ETF USD Acc (IQSS.L) has a higher volatility of 5.04% compared to Invesco FTSE All-World UCITS ETF USD Dist (FTWG.L) at 4.42%. This indicates that IQSS.L's price experiences larger fluctuations and is considered to be riskier than FTWG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IQSS.L	FTWG.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.04%	4.42%	+0.62%
Volatility (6M) Calculated over the trailing 6-month period	8.79%	8.19%	+0.60%
Volatility (1Y) Calculated over the trailing 1-year period	15.01%	13.94%	+1.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.33%	11.95%	+2.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.33%	11.95%	+2.38%