IQSZ vs. ETHO

Last updated Jun 6, 2026

IQSZ (Invesco Global Equity Net Zero ETF) and ETHO (Amplify Etho Climate Leadership U.S. ETF) are both exchange-traded funds - IQSZ is a ESG fund actively managed by Invesco, while ETHO is a Mid Cap Blend Equities fund tracking the Etho Climate Leadership Index. IQSZ is actively managed, while ETHO is passively managed. Their correlation of 0.83 suggests significant overlap in exposure. IQSZ charges 0.19%/yr vs 0.45%/yr for ETHO.

Performance

IQSZ vs. ETHO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Global Equity Net Zero ETF (IQSZ) and Amplify Etho Climate Leadership U.S. ETF (ETHO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IQSZ achieves a 11.32% return, which is significantly lower than ETHO's 15.66% return.

IQSZ

• 1D: -2.92%
• 1M: -0.13%
• YTD: 11.32%
• 6M: 12.89%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ETHO

• 1D: -2.50%
• 1M: 0.98%
• YTD: 15.66%
• 6M: 14.32%
• 1Y: 32.94%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

IQSZ vs. ETHO - Yearly Performance Comparison

	2026 (YTD)	2025
IQSZ Invesco Global Equity Net Zero ETF	11.32%	13.36%
ETHO Amplify Etho Climate Leadership U.S. ETF	15.66%	11.98%

Correlation

The correlation between IQSZ and ETHO is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 17, 2025	0.83

Return for Risk

IQSZ vs. ETHO — Risk / Return Rank

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

ETHO

ETHO Risk / Return Rank: 64
ETHO Sharpe Ratio Rank: 58
ETHO Sortino Ratio Rank: 59
ETHO Omega Ratio Rank: 54
ETHO Calmar Ratio Rank: 74
ETHO Martin Ratio Rank: 76

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.

IQSZ vs. ETHO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Global Equity Net Zero ETF (IQSZ) and Amplify Etho Climate Leadership U.S. ETF (ETHO). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	IQSZ	ETHO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.86	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.14	0.76	+1.38

Drawdowns

IQSZ vs. ETHO - Drawdown Comparison

The maximum IQSZ drawdown since its inception was -9.12%, smaller than the maximum ETHO drawdown of -25.50%. Use the drawdown chart below to compare losses from any high point for IQSZ and ETHO.

Drawdown Indicators

	IQSZ	ETHO	Difference
Max Drawdown Largest peak-to-trough decline	-9.12%	-25.50%	+16.38%
Max Drawdown (1Y) Largest decline over 1 year	—	-9.25%	—
Current Drawdown Current decline from peak	-3.05%	-2.50%	-0.55%
Average Drawdown Average peak-to-trough decline	-1.22%	-4.49%	+3.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.39%	—

Volatility

Volatility by Period

	IQSZ	ETHO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.78%	—
Volatility (6M) Calculated over the trailing 6-month period	—	13.04%	—
Volatility (1Y) Calculated over the trailing 1-year period	14.02%	17.81%	-3.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.02%	19.45%	-5.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.02%	19.45%	-5.43%

IQSZ vs. ETHO - Expense Ratio Comparison

IQSZ has a 0.19% expense ratio, which is lower than ETHO's 0.45% expense ratio.

Dividends

IQSZ vs. ETHO - Dividend Comparison

IQSZ's dividend yield for the trailing twelve months is around 1.32%, more than ETHO's 0.74% yield.

Position	TTM	2025	2024
ETHO Amplify Etho Climate Leadership U.S. ETF	0.74%	0.86%	0.69%
IQSZ Invesco Global Equity Net Zero ETF	1.32%	1.03%	0.00%

Frequently Asked Questions

Can I hold both IQSZ and ETHO in my portfolio?

IQSZ and ETHO have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IQSZ or ETHO?

On fees, IQSZ is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IQSZ or ETHO?

IQSZ is cheaper with a 0.19% expense ratio, compared with 0.45% for ETHO.

Which ETF pays a higher dividend yield, IQSZ or ETHO?

IQSZ has the higher dividend yield at 1.32%, compared with 0.74% for ETHO.

What is the main difference between IQSZ and ETHO?

IQSZ is categorized as ESG, while ETHO is Mid Cap Blend Equities. They also come from different issuers: Invesco and Amplify. Their fees differ too: 0.19% for IQSZ and 0.45% for ETHO.