PQVG.L vs. IQSA.L
Compare and contrast key facts about Invesco S&P 500 QVM UCITS ETF (PQVG.L) and Invesco Quantitative Strategies ESG Global Equity Multi-Factor UCITS ETF Acc (IQSA.L).
PQVG.L and IQSA.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PQVG.L is a passively managed fund by Invesco that tracks the performance of the Russell 1000 TR USD. It was launched on May 18, 2017. IQSA.L is a passively managed fund by Invesco that tracks the performance of the MSCI ACWI NR USD. It was launched on Jul 30, 2019. Both PQVG.L and IQSA.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PQVG.L or IQSA.L.
Key characteristics
| PQVG.L | IQSA.L | |
|---|---|---|
| YTD Return | 29.77% | 24.51% |
| 1Y Return | 31.15% | 39.54% |
| 3Y Return (Ann) | 22.31% | 11.80% |
| 5Y Return (Ann) | 31.25% | 14.71% |
| Sharpe Ratio | 2.91 | 3.17 |
| Sortino Ratio | 3.91 | 4.28 |
| Omega Ratio | 1.53 | 1.59 |
| Calmar Ratio | 2.64 | 3.84 |
| Martin Ratio | 19.76 | 19.52 |
| Ulcer Index | 2.00% | 2.10% |
| Daily Std Dev | 13.64% | 12.91% |
| Max Drawdown | -20.98% | -34.64% |
| Current Drawdown | -0.13% | -0.25% |
Correlation
The correlation between PQVG.L and IQSA.L is 0.47, 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.
Performance
PQVG.L vs. IQSA.L - Performance Comparison
In the year-to-date period, PQVG.L achieves a 29.77% return, which is significantly higher than IQSA.L's 24.51% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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PQVG.L vs. IQSA.L - Expense Ratio Comparison
PQVG.L has a 0.35% expense ratio, which is higher than IQSA.L's 0.30% expense ratio.
Risk-Adjusted Performance
PQVG.L vs. IQSA.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 QVM UCITS ETF (PQVG.L) and Invesco Quantitative Strategies ESG Global Equity Multi-Factor UCITS ETF Acc (IQSA.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.
Dividends
PQVG.L vs. IQSA.L - Dividend Comparison
PQVG.L's dividend yield for the trailing twelve months is around 0.88%, while IQSA.L has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
PQVG.L Invesco S&P 500 QVM UCITS ETF | 0.88% | 1.61% | 1.77% | 0.87% | 1.57% | 1.42% | 0.00% | 0.00% |
IQSA.L Invesco Quantitative Strategies ESG Global Equity Multi-Factor UCITS ETF Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
PQVG.L vs. IQSA.L - Drawdown Comparison
The maximum PQVG.L drawdown since its inception was -20.98%, smaller than the maximum IQSA.L drawdown of -34.64%. Use the drawdown chart below to compare losses from any high point for PQVG.L and IQSA.L. For additional features, visit the drawdowns tool.
Volatility
PQVG.L vs. IQSA.L - Volatility Comparison
The current volatility for Invesco S&P 500 QVM UCITS ETF (PQVG.L) is 2.16%, while Invesco Quantitative Strategies ESG Global Equity Multi-Factor UCITS ETF Acc (IQSA.L) has a volatility of 2.75%. This indicates that PQVG.L experiences smaller price fluctuations and is considered to be less risky than IQSA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.