IQSZ vs. SOXQ
IQSZ (Invesco Global Equity Net Zero ETF) and SOXQ (Invesco PHLX Semiconductor ETF) are both exchange-traded funds - IQSZ is a ESG fund actively managed by Invesco, while SOXQ is a Semiconductors fund tracking the PHLX Semiconductor Sector Index. IQSZ is actively managed, while SOXQ is passively managed. A 0.73 correlation means they provide meaningful diversification when combined. Both charge a 0.19% expense ratio.
Performance
IQSZ vs. SOXQ - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IQSZ achieves a 12.10% return, which is significantly lower than SOXQ's 86.27% return.
IQSZ
- 1D
- -0.29%
- 1M
- -1.03%
- YTD
- 12.10%
- 6M
- 10.99%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SOXQ
- 1D
- -5.56%
- 1M
- 3.75%
- YTD
- 86.27%
- 6M
- 83.12%
- 1Y
- 138.73%
- 3Y*
- 54.54%
- 5Y*
- 33.56%
- 10Y*
- —
IQSZ vs. SOXQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
IQSZ Invesco Global Equity Net Zero ETF | 12.10% | 13.36% |
SOXQ Invesco PHLX Semiconductor ETF | 86.27% | 24.20% |
Correlation
The correlation between IQSZ and SOXQ is 0.73, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jul 16, 2025 | 0.73 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IQSZ vs. SOXQ — Risk / Return Rank
IQSZ
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
SOXQ
IQSZ vs. SOXQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Global Equity Net Zero ETF (IQSZ) and Invesco PHLX Semiconductor ETF (SOXQ). 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.
| IQSZ | SOXQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.52 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 8.95 | — |
| Martin ratioReturn relative to average drawdown | — | 31.53 | — |
Loading charts...
Drawdowns
IQSZ vs. SOXQ - Drawdown Comparison
The maximum IQSZ drawdown since its inception was -9.12%, smaller than the maximum SOXQ drawdown of -46.01%. Use the drawdown chart below to compare losses from any high point for IQSZ and SOXQ.
Loading charts...
Drawdown Indicators
| IQSZ | SOXQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.12% | -46.01% | +36.89% |
Max Drawdown (1Y)Largest decline over 1 year | — | -15.59% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -39.36% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -46.01% | — |
Current DrawdownCurrent decline from peak | -2.45% | -9.92% | +7.47% |
Average DrawdownAverage peak-to-trough decline | -1.24% | -12.86% | +11.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 4.42% | — |
Volatility
IQSZ vs. SOXQ - Volatility Comparison
Loading charts...
Volatility by Period
| IQSZ | SOXQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 22.47% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 33.15% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 14.19% | 39.23% | -25.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.19% | 37.44% | -23.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.19% | 37.32% | -23.13% |
IQSZ vs. SOXQ - Expense Ratio Comparison
Both IQSZ and SOXQ have an expense ratio of 0.19%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
IQSZ vs. SOXQ - Dividend Comparison
IQSZ's dividend yield for the trailing twelve months is around 1.80%, more than SOXQ's 0.27% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
IQSZ Invesco Global Equity Net Zero ETF | 1.80% | 1.03% | 0.00% | 0.00% | 0.00% | 0.00% |
SOXQ Invesco PHLX Semiconductor ETF | 0.27% | 0.50% | 0.68% | 0.87% | 1.36% | 0.72% |
Frequently Asked Questions
IQSZ and SOXQ have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.19% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
IQSZ and SOXQ have the same expense ratio: 0.19% per year.
IQSZ has the higher dividend yield at 1.80%, compared with 0.27% for SOXQ.
IQSZ is categorized as ESG, while SOXQ is Semiconductors.
Find the right allocation for IQSZ and SOXQ
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer