IQSU vs. IWFG

Last updated Jun 24, 2026

IQSU (IQ Candriam ESG U.S. Equity ETF) and IWFG (NYLI Winslow Focused Large Cap Growth ETF) are both Large Cap Growth Equities funds from New York Life. IQSU is passively managed, while IWFG is actively managed. Over the past 3 years, IQSU returned 18.48%/yr vs 21.47%/yr for IWFG. Their correlation of 0.88 suggests significant overlap in exposure. IQSU charges 0.09%/yr vs 0.46%/yr for IWFG.

Performance

IQSU vs. IWFG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in IQ Candriam ESG U.S. Equity ETF (IQSU) and NYLI Winslow Focused Large Cap Growth ETF (IWFG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IQSU achieves a 11.76% return, which is significantly higher than IWFG's -0.58% return.

IQSU

• 1D: -1.70%
• 1M: 0.35%
• YTD: 11.76%
• 6M: 10.69%
• 1Y: 26.97%
• 3Y*: 18.48%
• 5Y*: 12.19%
• 10Y*: —

IWFG

• 1D: -2.56%
• 1M: -1.32%
• YTD: -0.58%
• 6M: -1.53%
• 1Y: 7.26%
• 3Y*: 21.47%
• 5Y*: —
• 10Y*: —

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

IQSU vs. IWFG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
IQSU IQ Candriam ESG U.S. Equity ETF	11.76%	14.44%	16.64%	32.96%	-0.36%
IWFG NYLI Winslow Focused Large Cap Growth ETF	-0.58%	14.33%	37.56%	38.40%	4.47%

Correlation

The correlation between IQSU and IWFG is 0.78, 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	0.78
Correlation (3Y) Calculated over the trailing 3-year period	0.84
Correlation (All Time) Calculated using the full available price history since Jun 23, 2022	0.88

The correlation between IQSU and IWFG has been stable across timeframes, ranging from 0.78 to 0.88 - a consistent structural relationship.

IQSU vs. IWFG - Sectors Allocation Comparison

Sectors	IQSU	IWFG
Technology	39.5%	49.1%
Consumer Cyclical	13.8%	10.4%
Communication Services	13.1%	15.2%
Financial Services	10.8%	2.9%
Industrials	5.9%	11.5%
Healthcare	5.1%	4.0%
Consumer Defensive	3.4%	-
Basic Materials	2.6%	1.4%
Real Estate	2.5%	-
Utilities	2.0%	4.3%
Energy	1.2%	-

Return for Risk

IQSU vs. IWFG — Risk / Return Rank

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

IQSU

IQSU Risk / Return Rank: 58
IQSU Sharpe Ratio Rank: 60
IQSU Sortino Ratio Rank: 58
IQSU Omega Ratio Rank: 59
IQSU Calmar Ratio Rank: 53
IQSU Martin Ratio Rank: 59

IWFG

IWFG Risk / Return Rank: 14
IWFG Sharpe Ratio Rank: 15
IWFG Sortino Ratio Rank: 14
IWFG Omega Ratio Rank: 14
IWFG Calmar Ratio Rank: 13
IWFG Martin Ratio Rank: 14

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.

IQSU vs. IWFG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for IQ Candriam ESG U.S. Equity ETF (IQSU) and NYLI Winslow Focused Large Cap Growth ETF (IWFG). 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.

	IQSU	IWFG	Difference
Sharpe ratio: Return per unit of total volatility	1.86	0.42	+1.45
Sortino ratio: Return per unit of downside risk	2.55	0.68	+1.87
Omega ratio: Gain probability vs. loss probability	1.34	1.08	+0.25
Calmar ratio: Return relative to maximum drawdown	2.42	0.36	+2.06
Martin ratio: Return relative to average drawdown	9.76	1.04	+8.71

IQSU vs. IWFG - Sharpe Ratio Comparison

The current IQSU Sharpe Ratio is 1.86, which is higher than the IWFG Sharpe Ratio of 0.42. The chart below compares the historical Sharpe Ratios of IQSU and IWFG, 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

IQSU vs. IWFG - Drawdown Comparison

The maximum IQSU drawdown since its inception was -31.29%, which is greater than IWFG's maximum drawdown of -21.97%. Use the drawdown chart below to compare losses from any high point for IQSU and IWFG.

Drawdown Indicators

	IQSU	IWFG	Difference
Max Drawdown Largest peak-to-trough decline	-31.29%	-21.97%	-9.32%
Max Drawdown (1Y) Largest decline over 1 year	-11.18%	-20.20%	+9.02%
Max Drawdown (3Y) Largest decline over 3 years	-20.96%	-21.97%	+1.01%
Max Drawdown (5Y) Largest decline over 5 years	-26.76%	—	—
Current Drawdown Current decline from peak	-2.20%	-5.32%	+3.12%
Average Drawdown Average peak-to-trough decline	-5.95%	-4.13%	-1.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.77%	6.97%	-4.20%

Volatility

IQSU vs. IWFG - Volatility Comparison

The current volatility for IQ Candriam ESG U.S. Equity ETF (IQSU) is 5.59%, while NYLI Winslow Focused Large Cap Growth ETF (IWFG) has a volatility of 6.88%. This indicates that IQSU experiences smaller price fluctuations and is considered to be less risky than IWFG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IQSU	IWFG	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.59%	6.88%	-1.29%
Volatility (6M) Calculated over the trailing 6-month period	10.97%	13.69%	-2.72%
Volatility (1Y) Calculated over the trailing 1-year period	14.58%	17.49%	-2.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.02%	20.59%	-2.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.69%	20.59%	+0.10%

IQSU vs. IWFG - Expense Ratio Comparison

IQSU has a 0.09% expense ratio, which is lower than IWFG's 0.46% expense ratio.

Dividends

IQSU vs. IWFG - Dividend Comparison

IQSU's dividend yield for the trailing twelve months is around 1.00%, while IWFG has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020
IQSU IQ Candriam ESG U.S. Equity ETF	1.00%	1.09%	1.12%	1.15%	1.47%	1.07%	0.98%
IWFG NYLI Winslow Focused Large Cap Growth ETF	0.00%	0.00%	5.44%	1.01%	0.05%	0.00%	0.00%

Frequently Asked Questions

Can I hold both IQSU and IWFG in my portfolio?

IQSU and IWFG have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IQSU or IWFG?

IWFG has higher volatility (6.88%) compared to IQSU (5.59%). In terms of maximum drawdown, IQSU dropped -31.29% vs IWFG's -21.97%.

Which ETF is better, IQSU or IWFG?

On 3-year performance, IWFG leads with 21.47% vs 18.48% for IQSU. On fees, IQSU is cheaper at 0.09% per year. On volatility, IQSU has been the lower-risk option at 5.59%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IQSU or IWFG?

Over the 3-year period, IWFG has performed better with a 21.47% return vs 18.48%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IQSU or IWFG?

IQSU is cheaper with a 0.09% expense ratio, compared with 0.46% for IWFG.

Which ETF pays a higher dividend yield, IQSU or IWFG?

IQSU has the higher dividend yield at 1.00%, compared with 0.00% for IWFG.

What is the main difference between IQSU and IWFG?

Their fees differ too: 0.09% for IQSU and 0.46% for IWFG.

Which has better risk-adjusted returns?

IQSU currently has the higher Sharpe Ratio (1.86 vs 0.42), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.