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IUMD.L vs. EQSG.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IUMD.L vs. EQSG.L

Last updated Jun 5, 2026

IUMD.L (iShares Edge MSCI USA Momentum Factor UCITS ETF USD (Dist)) and EQSG.L (Invesco Nasdaq-100 Swap UCITS ETF Acc) are both exchange-traded funds - IUMD.L is a Momentum fund tracking the MSCI USA Momentum Index, while EQSG.L is a Nasdaq-100 fund tracking the Russell 1000 Growth TR USD. Both are passively managed. Over the past 5 years, IUMD.L returned 14.09%/yr vs 17.83%/yr for EQSG.L. A 0.76 correlation means they provide meaningful diversification when combined. Both charge a 0.20% expense ratio.

Performance

IUMD.L vs. EQSG.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Edge MSCI USA Momentum Factor UCITS ETF USD (Dist) (IUMD.L) and Invesco Nasdaq-100 Swap UCITS ETF Acc (EQSG.L). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

IUMD.L is traded in USD, while EQSG.L is traded in GBp. To make them comparable, the EQSG.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, IUMD.L achieves a 29.46% return, which is significantly higher than EQSG.L's 19.62% return.

IUMD.L

1D
-1.92%
1M
11.97%
YTD
29.46%
6M
29.72%
1Y
39.40%
3Y*
32.20%
5Y*
14.09%
10Y*
—

EQSG.L

1D
-0.70%
1M
8.67%
YTD
19.62%
6M
19.33%
1Y
40.52%
3Y*
28.14%
5Y*
17.83%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

IUMD.L vs. EQSG.L - Yearly Performance Comparison

2026 (YTD)20252024202320222021
IUMD.L
iShares Edge MSCI USA Momentum Factor UCITS ETF USD (Dist)		29.46%17.13%32.70%9.78%-18.13%16.75%
EQSG.L
Invesco Nasdaq-100 Swap UCITS ETF Acc		19.62%20.16%26.61%55.95%-33.69%29.98%

Correlation

The correlation between IUMD.L and EQSG.L is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.81

Correlation (3Y)
Calculated over the trailing 3-year period

0.83

Correlation (5Y)
Calculated over the trailing 5-year period

0.76

Correlation (All Time)
Calculated using the full available price history since Mar 26, 2021

0.76

The correlation between IUMD.L and EQSG.L has been stable across timeframes, ranging from 0.76 to 0.83 - a consistent structural relationship.

IUMD.L vs. EQSG.L - Sectors Allocation Comparison

Sectors
IUMD.L
EQSG.L

Technology

42.9%
53.7%

Industrials

19.2%
3.1%

Healthcare

9.6%
4.2%

Financial Services

7.3%
0.2%

Communication Services

6.7%
15.8%

Consumer Cyclical

5.1%
12.2%

Energy

2.5%
0.6%

Consumer Defensive

2.2%
7.7%

Basic Materials

1.9%
1.1%

Utilities

1.5%
1.4%

Real Estate

1.1%
0.1%

Technology

IUMD.L
42.9%
EQSG.L
53.7%

Industrials

IUMD.L
19.2%
EQSG.L
3.1%

Healthcare

IUMD.L
9.6%
EQSG.L
4.2%

Financial Services

IUMD.L
7.3%
EQSG.L
0.2%

Communication Services

IUMD.L
6.7%
EQSG.L
15.8%

Consumer Cyclical

IUMD.L
5.1%
EQSG.L
12.2%

Energy

IUMD.L
2.5%
EQSG.L
0.6%

Consumer Defensive

IUMD.L
2.2%
EQSG.L
7.7%

Basic Materials

IUMD.L
1.9%
EQSG.L
1.1%

Utilities

IUMD.L
1.5%
EQSG.L
1.4%

Real Estate

IUMD.L
1.1%
EQSG.L
0.1%

Compare stocks, funds, or ETFs

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iShares Edge MSCI USA Momentum Factor UCITS ETF USD (Dist)

Invesco Nasdaq-100 Swap UCITS ETF Acc

Often compared with IUMD.L:
IUMD.L vs. IUMF.LIUMD.L vs. IWFM.LIUMD.L vs. JMOMIUMD.L vs. SPMOIUMD.L vs. SCHGIUMD.L vs. IITU.LIUMD.L vs. SPHQ
Often compared with EQSG.L:
EQSG.L vs. QQQMEQSG.L vs. EQQQ.LEQSG.L vs. QQQEQSG.L vs. NESP.LEQSG.L vs. CNX1.LEQSG.L vs. XNAQ.LEQSG.L vs. XLKQ.L

Return for Risk

IUMD.L vs. EQSG.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IUMD.L
IUMD.L Risk / Return Rank: 6767
Overall Rank
IUMD.L Sharpe Ratio Rank: 6161
Sharpe Ratio Rank
IUMD.L Sortino Ratio Rank: 6565
Sortino Ratio Rank
IUMD.L Omega Ratio Rank: 6060
Omega Ratio Rank
IUMD.L Calmar Ratio Rank: 7474
Calmar Ratio Rank
IUMD.L Martin Ratio Rank: 7777
Martin Ratio Rank
EQSG.L
EQSG.L Risk / Return Rank: 3737
Overall Rank
EQSG.L Sharpe Ratio Rank: 2727
Sharpe Ratio Rank
EQSG.L Sortino Ratio Rank: 3333
Sortino Ratio Rank
EQSG.L Omega Ratio Rank: 7979
Omega Ratio Rank
EQSG.L Calmar Ratio Rank: 2828
Calmar Ratio Rank
EQSG.L Martin Ratio Rank: 2020
Martin Ratio Rank
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.

IUMD.L vs. EQSG.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI USA Momentum Factor UCITS ETF USD (Dist) (IUMD.L) and Invesco Nasdaq-100 Swap UCITS ETF Acc (EQSG.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.

IUMD.LEQSG.LDifference
Sharpe ratioReturn per unit of total volatility
2.02
0.90

+1.11

Sortino ratioReturn per unit of downside risk
2.98
1.70

+1.28

Omega ratioGain probability vs. loss probability

1.36

1.43

-0.06

Calmar ratioReturn relative to maximum drawdown

3.69

1.29

+2.40

Martin ratioReturn relative to average drawdown

14.47

2.19

+12.28

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IUMD.L vs. EQSG.L - Sharpe Ratio Comparison

The current IUMD.L Sharpe Ratio is 2.02, which is higher than the EQSG.L Sharpe Ratio of 0.90. The chart below compares the historical Sharpe Ratios of IUMD.L and EQSG.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

IUMD.LEQSG.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.02

0.90

+1.11

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.72

0.49

+0.22

Sharpe Ratio (All Time)

Calculated using the full available price history

0.71

0.53

+0.18

Drawdowns

IUMD.L vs. EQSG.L - Drawdown Comparison

The maximum IUMD.L drawdown since its inception was -33.67%, roughly equal to the maximum EQSG.L drawdown of -35.09%. Use the drawdown chart below to compare losses from any high point for IUMD.L and EQSG.L.

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Drawdown Indicators

IUMD.LEQSG.LDifference

Max Drawdown

Largest peak-to-trough decline

-33.67%

-35.09%

+1.42%

Max Drawdown (1Y)

Largest decline over 1 year

-10.63%

-31.29%

+20.66%

Max Drawdown (3Y)

Largest decline over 3 years

-21.57%

-34.79%

+13.22%

Max Drawdown (5Y)

Largest decline over 5 years

-31.87%

-35.09%

+3.22%

Current Drawdown

Current decline from peak

-1.92%

-9.80%

+7.88%

Average Drawdown

Average peak-to-trough decline

-8.75%

-15.50%

+6.75%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.71%

18.45%

-15.74%

Volatility

IUMD.L vs. EQSG.L - Volatility Comparison

iShares Edge MSCI USA Momentum Factor UCITS ETF USD (Dist) (IUMD.L) has a higher volatility of 8.70% compared to Invesco Nasdaq-100 Swap UCITS ETF Acc (EQSG.L) at 4.38%. This indicates that IUMD.L's price experiences larger fluctuations and is considered to be riskier than EQSG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

IUMD.LEQSG.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

8.70%

4.38%

+4.32%

Volatility (6M)

Calculated over the trailing 6-month period

16.78%

11.17%

+5.61%

Volatility (1Y)

Calculated over the trailing 1-year period

19.45%

44.59%

-25.14%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

19.62%

36.02%

-16.40%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

20.47%

35.55%

-15.08%

IUMD.L vs. EQSG.L - Expense Ratio Comparison

Both IUMD.L and EQSG.L have an expense ratio of 0.20%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

IUMD.L vs. EQSG.L - Dividend Comparison

IUMD.L's dividend yield for the trailing twelve months is around 0.67%, while EQSG.L has not paid dividends to shareholders.

PositionTTM20252024202320222021202020192018
EQSG.L
Invesco Nasdaq-100 Swap UCITS ETF Acc		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
IUMD.L
iShares Edge MSCI USA Momentum Factor UCITS ETF USD (Dist)		0.67%0.87%0.50%1.14%1.41%0.40%0.67%1.13%0.85%

Frequently Asked Questions

IUMD.L and EQSG.L have a correlation of 0.81, 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 0.20% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

IUMD.L and EQSG.L have the same expense ratio: 0.20% per year.

IUMD.L is categorized as Momentum, while EQSG.L is Nasdaq-100. IUMD.L tracks MSCI USA Momentum Index, while EQSG.L tracks Russell 1000 Growth TR USD. They also come from different issuers: iShares and Invesco.

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