IQSZ vs. XVV

Last updated Jun 6, 2026

IQSZ (Invesco Global Equity Net Zero ETF) and XVV (iShares ESG Screened S&P 500 ETF) are both exchange-traded funds - IQSZ is a ESG fund actively managed by Invesco, while XVV is a S&P 500 fund tracking the S&P 500 Sustainablility Screened Index. IQSZ is actively managed, while XVV is passively managed. Their correlation of 0.92 suggests significant overlap in exposure. IQSZ charges 0.19%/yr vs 0.08%/yr for XVV.

Performance

IQSZ vs. XVV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Global Equity Net Zero ETF (IQSZ) and iShares ESG Screened S&P 500 ETF (XVV). 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 higher than XVV's 6.99% return.

IQSZ

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

XVV

• 1D: -2.65%
• 1M: 0.25%
• YTD: 6.99%
• 6M: 6.50%
• 1Y: 24.53%
• 3Y*: 21.39%
• 5Y*: 13.05%
• 10Y*: —

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

IQSZ vs. XVV - Yearly Performance Comparison

	2026 (YTD)	2025
IQSZ Invesco Global Equity Net Zero ETF	11.32%	13.36%
XVV iShares ESG Screened S&P 500 ETF	6.99%	10.27%

Correlation

The correlation between IQSZ and XVV is 0.92, 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	0.92

Return for Risk

IQSZ vs. XVV — Risk / Return Rank

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

XVV

XVV Risk / Return Rank: 56
XVV Sharpe Ratio Rank: 58
XVV Sortino Ratio Rank: 56
XVV Omega Ratio Rank: 58
XVV Calmar Ratio Rank: 49
XVV Martin Ratio Rank: 60

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. XVV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Global Equity Net Zero ETF (IQSZ) and iShares ESG Screened S&P 500 ETF (XVV). 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	XVV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.90	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.74	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.14	0.97	+1.17

Drawdowns

IQSZ vs. XVV - Drawdown Comparison

The maximum IQSZ drawdown since its inception was -9.12%, smaller than the maximum XVV drawdown of -27.20%. Use the drawdown chart below to compare losses from any high point for IQSZ and XVV.

Drawdown Indicators

	IQSZ	XVV	Difference
Max Drawdown Largest peak-to-trough decline	-9.12%	-27.20%	+18.08%
Max Drawdown (1Y) Largest decline over 1 year	—	-10.59%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-19.59%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-27.20%	—
Current Drawdown Current decline from peak	-3.05%	-3.02%	-0.03%
Average Drawdown Average peak-to-trough decline	-1.22%	-5.87%	+4.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.40%	—

Volatility

Volatility by Period

	IQSZ	XVV	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.93%	—
Volatility (6M) Calculated over the trailing 6-month period	—	10.01%	—
Volatility (1Y) Calculated over the trailing 1-year period	14.02%	12.97%	+1.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.02%	17.64%	-3.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.02%	17.37%	-3.35%

IQSZ vs. XVV - Expense Ratio Comparison

IQSZ has a 0.19% expense ratio, which is higher than XVV's 0.08% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

IQSZ vs. XVV - Dividend Comparison

IQSZ's dividend yield for the trailing twelve months is around 1.32%, more than XVV's 0.90% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
IQSZ Invesco Global Equity Net Zero ETF	1.32%	1.03%	0.00%	0.00%	0.00%	0.00%	0.00%
XVV iShares ESG Screened S&P 500 ETF	0.90%	0.94%	1.05%	1.25%	1.57%	0.81%	0.31%

Frequently Asked Questions

Can I hold both IQSZ and XVV in my portfolio?

With a correlation of 0.92, IQSZ and XVV move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, IQSZ or XVV?

On fees, XVV is cheaper at 0.08% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IQSZ or XVV?

XVV is cheaper with a 0.08% expense ratio, compared with 0.19% for IQSZ.

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

IQSZ has the higher dividend yield at 1.32%, compared with 0.90% for XVV.

What is the main difference between IQSZ and XVV?

IQSZ is categorized as ESG, while XVV is S&P 500. They also come from different issuers: Invesco and iShares. Their fees differ too: 0.19% for IQSZ and 0.08% for XVV.