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PQVG.L vs. TSGB.L
Performance
Return for Risk
Dividends
Drawdowns
Volatility

PQVG.L vs. TSGB.L

Last updated Apr 2, 2026

Compare and contrast key facts about Invesco S&P 500 QVM UCITS ETF (PQVG.L) and VanEck Sustainable World Equal Weight UCITS ETF A (TSGB.L).

PQVG.L and TSGB.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 S&P 500 Quality, Value, and Momentum Multi-Factor Index (Net Total Return). It was launched on May 18, 2017. TSGB.L is a passively managed fund by VanEck that tracks the performance of the MSCI ACWI NR USD. It was launched on May 3, 2013. Both PQVG.L and TSGB.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.

Performance

PQVG.L vs. TSGB.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Invesco S&P 500 QVM UCITS ETF (PQVG.L) and VanEck Sustainable World Equal Weight UCITS ETF A (TSGB.L). The values are adjusted to include any dividend payments, if applicable.

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PQVG.L vs. TSGB.L - Yearly Performance Comparison

2026 (YTD)2025202420232022202120202019
PQVG.L
Invesco S&P 500 QVM UCITS ETF		5.87%5.84%32.29%0.98%12.54%27.78%4.44%16.15%
TSGB.L
VanEck Sustainable World Equal Weight UCITS ETF A		0.86%19.46%12.13%14.14%-7.29%19.71%9.42%11.77%
Different Trading Currencies

PQVG.L is traded in GBp, while TSGB.L is traded in GBP. To make them comparable, the TSGB.L values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, PQVG.L achieves a 5.87% return, which is significantly higher than TSGB.L's 0.86% return.

PQVG.L

1D
1.19%
1M
-2.28%
YTD
5.87%
6M
6.56%
1Y
13.51%
3Y*
16.28%
5Y*
15.19%
10Y*
—

TSGB.L

1D
2.61%
1M
-3.77%
YTD
0.86%
6M
6.49%
1Y
19.29%
3Y*
14.03%
5Y*
10.37%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Invesco S&P 500 QVM UCITS ETF

VanEck Sustainable World Equal Weight UCITS ETF A

Often compared with PQVG.L:
PQVG.L vs. IQSA.LPQVG.L vs. SPPY.DEPQVG.L vs. SPMOPQVG.L vs. CSPX.LPQVG.L vs. DYNFPQVG.L vs. SPXP.LPQVG.L vs. FFLC
Often compared with TSGB.L:
TSGB.L vs. AEME.LTSGB.L vs. VEUR.LTSGB.L vs. USDV.LTSGB.L vs. VDIV.DETSGB.L vs. SPYW.DETSGB.L vs. ISF.LTSGB.L vs. ISPA.DE

PQVG.L vs. TSGB.L - Expense Ratio Comparison

PQVG.L has a 0.35% expense ratio, which is higher than TSGB.L's 0.20% expense ratio.

PQVG.L
Invesco S&P 500 QVM UCITS ETF
TSGB.L
VanEck Sustainable World Equal Weight UCITS ETF A

Return for Risk

PQVG.L vs. TSGB.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
PQVG.L
PQVG.L Risk / Return Rank: 5858
Overall Rank
PQVG.L Sharpe Ratio Rank: 5050
Sharpe Ratio Rank
PQVG.L Sortino Ratio Rank: 4949
Sortino Ratio Rank
PQVG.L Omega Ratio Rank: 4646
Omega Ratio Rank
PQVG.L Calmar Ratio Rank: 7373
Calmar Ratio Rank
PQVG.L Martin Ratio Rank: 7070
Martin Ratio Rank
TSGB.L
TSGB.L Risk / Return Rank: 7171
Overall Rank
TSGB.L Sharpe Ratio Rank: 7070
Sharpe Ratio Rank
TSGB.L Sortino Ratio Rank: 6868
Sortino Ratio Rank
TSGB.L Omega Ratio Rank: 6868
Omega Ratio Rank
TSGB.L Calmar Ratio Rank: 7676
Calmar Ratio Rank
TSGB.L Martin Ratio Rank: 7474
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.

PQVG.L vs. TSGB.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 QVM UCITS ETF (PQVG.L) and VanEck Sustainable World Equal Weight UCITS ETF A (TSGB.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.

PQVG.LTSGB.LDifference

Sharpe ratio

Return per unit of total volatility

0.95

1.31

-0.36

Sortino ratio

Return per unit of downside risk

1.39

1.80

-0.42

Omega ratio

Gain probability vs. loss probability

1.19

1.26

-0.08

Calmar ratio

Return relative to maximum drawdown

2.04

2.20

-0.15

Martin ratio

Return relative to average drawdown

7.69

8.45

-0.75

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

PQVG.L vs. TSGB.L - Sharpe Ratio Comparison

The current PQVG.L Sharpe Ratio is 0.95, which is comparable to the TSGB.L Sharpe Ratio of 1.31. The chart below compares the historical Sharpe Ratios of PQVG.L and TSGB.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Sharpe Ratios by Period

PQVG.LTSGB.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.95

1.31

-0.36

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

1.02

0.81

+0.21

Sharpe Ratio (All Time)

Calculated using the full available price history

0.82

0.72

+0.10

Correlation

The correlation between PQVG.L and TSGB.L is 0.73, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

PQVG.L vs. TSGB.L - Dividend Comparison

PQVG.L's dividend yield for the trailing twelve months is around 0.85%, less than TSGB.L's 2.22% yield.

TTM202520242023202220212020201920182017
PQVG.L
Invesco S&P 500 QVM UCITS ETF		0.85%0.82%0.82%1.61%1.77%0.87%1.59%1.41%1.30%0.72%
TSGB.L
VanEck Sustainable World Equal Weight UCITS ETF A		2.22%2.23%2.63%2.56%2.67%1.20%0.00%0.00%0.00%0.00%

Drawdowns

PQVG.L vs. TSGB.L - Drawdown Comparison

The maximum PQVG.L drawdown since its inception was -25.88%, roughly equal to the maximum TSGB.L drawdown of -26.20%. Use the drawdown chart below to compare losses from any high point for PQVG.L and TSGB.L.

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Drawdown Indicators

PQVG.LTSGB.LDifference

Max Drawdown

Largest peak-to-trough decline

-25.88%

-26.20%

+0.32%

Max Drawdown (1Y)

Largest decline over 1 year

-10.27%

-10.59%

+0.32%

Max Drawdown (5Y)

Largest decline over 5 years

-17.44%

-16.64%

-0.80%

Current Drawdown

Current decline from peak

-2.28%

-5.21%

+2.93%

Average Drawdown

Average peak-to-trough decline

-4.24%

-3.46%

-0.78%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.72%

2.29%

-0.57%

Volatility

PQVG.L vs. TSGB.L - Volatility Comparison

The current volatility for Invesco S&P 500 QVM UCITS ETF (PQVG.L) is 3.72%, while VanEck Sustainable World Equal Weight UCITS ETF A (TSGB.L) has a volatility of 5.87%. This indicates that PQVG.L experiences smaller price fluctuations and is considered to be less risky than TSGB.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

PQVG.LTSGB.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.72%

5.87%

-2.15%

Volatility (6M)

Calculated over the trailing 6-month period

8.14%

9.68%

-1.54%

Volatility (1Y)

Calculated over the trailing 1-year period

14.24%

14.72%

-0.48%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.95%

12.87%

+2.08%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.35%

14.96%

+1.39%