IUQF.L vs. ZPA5.DE
IUQF.L (iShares Edge MSCI USA Quality Factor UCITS ETF USD (Acc)) and ZPA5.DE (Amundi S&P 500 Climate Paris Aligned UCITS ETF Acc) are both exchange-traded funds - IUQF.L is a Large Cap Blend Equities fund tracking the Russell 1000 TR USD, while ZPA5.DE is a ESG fund tracking the S&P 500 Net Zero 2050 Paris-Aligned ESG+ Index. Both are passively managed. Over the past year, IUQF.L returned 19.40% vs 16.44% for ZPA5.DE. Their correlation of 0.88 suggests significant overlap in exposure. IUQF.L charges 0.20%/yr vs 0.07%/yr for ZPA5.DE.
Performance
IUQF.L vs. ZPA5.DE - Performance Comparison
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Different Trading Currencies
IUQF.L is traded in GBp, while ZPA5.DE is traded in EUR. To make them comparable, the ZPA5.DE values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, IUQF.L achieves a 9.58% return, which is significantly higher than ZPA5.DE's 6.25% return.
IUQF.L
- 1D
- 0.04%
- 1M
- -0.55%
- 6M
- 8.62%
- YTD
- 9.58%
- 1Y
- 19.40%
- 3Y*
- 15.66%
- 5Y*
- 11.54%
- 10Y*
- —
- ALL TIME*
- 10.87%
ZPA5.DE
- 1D
- 0.00%
- 1M
- -1.55%
- 6M
- 7.61%
- YTD
- 6.25%
- 1Y
- 16.44%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 17.70%
IUQF.L vs. ZPA5.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
IUQF.L iShares Edge MSCI USA Quality Factor UCITS ETF USD (Acc) | 9.58% | 4.83% | 24.33% | 3.91% |
ZPA5.DE Amundi S&P 500 Climate Paris Aligned UCITS ETF Acc | 6.25% | 8.11% | 28.25% | 4.46% |
Correlation
The correlation between IUQF.L and ZPA5.DE 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 (1Y) Calculated over the trailing 1-year period | 0.83 |
Correlation (All Time) Calculated using the full available price history since Nov 27, 2023 | 0.88 |
The correlation between IUQF.L and ZPA5.DE has been stable across timeframes, ranging from 0.83 to 0.88 - a consistent structural relationship.
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Return for Risk
IUQF.L vs. ZPA5.DE — Risk / Return Rank
IUQF.L
ZPA5.DE
IUQF.L vs. ZPA5.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI USA Quality Factor UCITS ETF USD (Acc) (IUQF.L) and Amundi S&P 500 Climate Paris Aligned UCITS ETF Acc (ZPA5.DE). 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.
| IUQF.L | ZPA5.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.20 | ||
| Sortino ratioReturn per unit of downside risk | +1.40 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.25 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 2.91 | 0.79 | +2.12 |
| Martin ratioReturn relative to average drawdown | 10.83 | 1.42 | +9.41 |
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Drawdowns
IUQF.L vs. ZPA5.DE - Drawdown Comparison
The maximum IUQF.L drawdown since its inception was -25.74%, which is greater than ZPA5.DE's maximum drawdown of -21.71%. Use the drawdown chart below to compare losses from any high point for IUQF.L and ZPA5.DE.
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Drawdown Indicators
| IUQF.L | ZPA5.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.74% | -21.71% | -4.03% |
Max Drawdown (1Y)Largest decline over 1 year | -6.64% | -20.89% | +14.25% |
Max Drawdown (3Y)Largest decline over 3 years | -20.67% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -20.67% | — | — |
Current DrawdownCurrent decline from peak | -2.08% | -8.24% | +6.16% |
Average DrawdownAverage peak-to-trough decline | -7.45% | -6.00% | -1.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.79% | 11.61% | -9.82% |
Volatility
IUQF.L vs. ZPA5.DE - Volatility Comparison
iShares Edge MSCI USA Quality Factor UCITS ETF USD (Acc) (IUQF.L) and Amundi S&P 500 Climate Paris Aligned UCITS ETF Acc (ZPA5.DE) have volatilities of 3.26% and 3.13%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IUQF.L | ZPA5.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.26% | 3.13% | +0.13% |
Volatility (6M)Calculated over the trailing 6-month period | 7.16% | 8.27% | -1.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.34% | 24.49% | -14.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.23% | 19.22% | +1.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.57% | 19.22% | +9.35% |
IUQF.L vs. ZPA5.DE - Expense Ratio Comparison
IUQF.L has a 0.20% expense ratio, which is higher than ZPA5.DE's 0.07% 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
IUQF.L vs. ZPA5.DE - Dividend Comparison
Neither IUQF.L nor ZPA5.DE has paid dividends to shareholders.
Frequently Asked Questions
IUQF.L and ZPA5.DE 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.
On fees, ZPA5.DE is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ZPA5.DE is cheaper with a 0.07% expense ratio, compared with 0.20% for IUQF.L.
IUQF.L is categorized as Large Cap Blend Equities, while ZPA5.DE is ESG. IUQF.L tracks Russell 1000 TR USD, while ZPA5.DE tracks S&P 500 Net Zero 2050 Paris-Aligned ESG+ Index. They also come from different issuers: iShares and Amundi. Their fees differ too: 0.20% for IUQF.L and 0.07% for ZPA5.DE.
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