IUQA.L vs. GARP
Compare and contrast key facts about iShares Edge MSCI USA Quality Factor UCITS ETF USD Accumulating (IUQA.L) and iShares MSCI USA Quality GARP ETF (GARP).
IUQA.L and GARP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IUQA.L is a passively managed fund by iShares that tracks the performance of the MSCI USA Sector Neutral Quality Index. It was launched on Feb 21, 2018. GARP is a passively managed fund by iShares that tracks the performance of the MSCI USA Quality GARP Select Index. It was launched on Jan 14, 2020. Both IUQA.L and GARP are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
IUQA.L vs. GARP - Performance Comparison
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IUQA.L vs. GARP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
IUQA.L iShares Edge MSCI USA Quality Factor UCITS ETF USD Accumulating | -3.10% | 12.50% | 22.46% | 30.92% | -20.74% | 27.56% | 12.61% |
GARP iShares MSCI USA Quality GARP ETF | -4.79% | 21.49% | 37.42% | 42.86% | -26.75% | 27.99% | 26.51% |
Returns By Period
In the year-to-date period, IUQA.L achieves a -3.10% return, which is significantly higher than GARP's -4.79% return.
IUQA.L
- 1D
- 2.33%
- 1M
- -4.74%
- YTD
- -3.10%
- 6M
- -0.31%
- 1Y
- 13.90%
- 3Y*
- 17.26%
- 5Y*
- 10.61%
- 10Y*
- —
GARP
- 1D
- 1.30%
- 1M
- -4.52%
- YTD
- -4.79%
- 6M
- -1.79%
- 1Y
- 26.47%
- 3Y*
- 25.76%
- 5Y*
- 15.47%
- 10Y*
- —
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IUQA.L vs. GARP - Expense Ratio Comparison
IUQA.L has a 0.20% expense ratio, which is higher than GARP's 0.15% 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%.
Return for Risk
IUQA.L vs. GARP — Risk / Return Rank
IUQA.L
GARP
IUQA.L vs. GARP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI USA Quality Factor UCITS ETF USD Accumulating (IUQA.L) and iShares MSCI USA Quality GARP ETF (GARP). 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.
| IUQA.L | GARP | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.91 | 1.09 | -0.18 |
Sortino ratioReturn per unit of downside risk | 1.37 | 1.65 | -0.29 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.23 | -0.05 |
Calmar ratioReturn relative to maximum drawdown | 1.63 | 2.00 | -0.37 |
Martin ratioReturn relative to average drawdown | 6.68 | 7.30 | -0.62 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| IUQA.L | GARP | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.91 | 1.09 | -0.18 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.65 | 0.71 | -0.06 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.79 | 0.72 | +0.07 |
Correlation
The correlation between IUQA.L and GARP is 0.54, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
IUQA.L vs. GARP - Dividend Comparison
IUQA.L has not paid dividends to shareholders, while GARP's dividend yield for the trailing twelve months is around 0.31%.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
IUQA.L iShares Edge MSCI USA Quality Factor UCITS ETF USD Accumulating | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
GARP iShares MSCI USA Quality GARP ETF | 0.31% | 0.31% | 0.38% | 0.75% | 1.85% | 0.67% | 0.75% |
Drawdowns
IUQA.L vs. GARP - Drawdown Comparison
The maximum IUQA.L drawdown since its inception was -33.96%, which is greater than GARP's maximum drawdown of -31.34%. Use the drawdown chart below to compare losses from any high point for IUQA.L and GARP.
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Drawdown Indicators
| IUQA.L | GARP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.96% | -31.34% | -2.62% |
Max Drawdown (1Y)Largest decline over 1 year | -11.32% | -13.69% | +2.37% |
Max Drawdown (5Y)Largest decline over 5 years | -27.77% | -30.61% | +2.84% |
Current DrawdownCurrent decline from peak | -5.46% | -9.19% | +3.73% |
Average DrawdownAverage peak-to-trough decline | -4.95% | -7.53% | +2.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.00% | 3.76% | -1.76% |
Volatility
IUQA.L vs. GARP - Volatility Comparison
The current volatility for iShares Edge MSCI USA Quality Factor UCITS ETF USD Accumulating (IUQA.L) is 4.69%, while iShares MSCI USA Quality GARP ETF (GARP) has a volatility of 7.59%. This indicates that IUQA.L experiences smaller price fluctuations and is considered to be less risky than GARP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IUQA.L | GARP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.69% | 7.59% | -2.90% |
Volatility (6M)Calculated over the trailing 6-month period | 8.24% | 14.50% | -6.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.19% | 24.41% | -9.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.28% | 21.86% | -5.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.77% | 24.02% | -7.25% |