PSWD.DE vs. IQSA.DE
PSWD.DE (Invesco FTSE RAFI All World 3000 UCITS ETF) and IQSA.DE (Invesco Global Active ESG Equity UCITS ETF USD Acc) are both Global Equities funds from Invesco. PSWD.DE is passively managed, while IQSA.DE is actively managed. Over the past 5 years, PSWD.DE returned 13.34%/yr vs 15.45%/yr for IQSA.DE. Their correlation of 0.87 suggests significant overlap in exposure. PSWD.DE charges 0.39%/yr vs 0.30%/yr for IQSA.DE.
Performance
PSWD.DE vs. IQSA.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PSWD.DE achieves a 16.46% return, which is significantly higher than IQSA.DE's 14.81% return.
PSWD.DE
- 1D
- -0.19%
- 1M
- 4.72%
- YTD
- 16.46%
- 6M
- 17.75%
- 1Y
- 32.88%
- 3Y*
- 18.93%
- 5Y*
- 13.34%
- 10Y*
- 11.86%
IQSA.DE
- 1D
- -0.11%
- 1M
- 6.18%
- YTD
- 14.81%
- 6M
- 16.74%
- 1Y
- 28.62%
- 3Y*
- 22.03%
- 5Y*
- 15.45%
- 10Y*
- —
PSWD.DE vs. IQSA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
PSWD.DE Invesco FTSE RAFI All World 3000 UCITS ETF | 16.46% | 14.64% | 17.68% | 12.73% | -3.63% | 31.90% | -3.90% | 13.29% |
IQSA.DE Invesco Global Active ESG Equity UCITS ETF USD Acc | 14.81% | 9.64% | 29.92% | 20.24% | -9.32% | 35.68% | 0.13% | 13.13% |
Correlation
The correlation between PSWD.DE and IQSA.DE is 0.85, 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 | 0.85 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.84 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.87 |
Correlation (All Time) Calculated using the full available price history since Aug 6, 2019 | 0.87 |
The correlation between PSWD.DE and IQSA.DE has been stable across timeframes, ranging from 0.84 to 0.87 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
PSWD.DE vs. IQSA.DE — Risk / Return Rank
PSWD.DE
IQSA.DE
PSWD.DE vs. IQSA.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco FTSE RAFI All World 3000 UCITS ETF (PSWD.DE) and Invesco Global Active ESG Equity UCITS ETF USD Acc (IQSA.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.
| PSWD.DE | IQSA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.76 | ||
| Sortino ratioReturn per unit of downside risk | +0.76 | ||
| Omega ratioGain probability vs. loss probability | 1.58 | 1.43 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 5.56 | 4.60 | +0.96 |
| Martin ratioReturn relative to average drawdown | 22.39 | 18.23 | +4.16 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| PSWD.DE | IQSA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.10 | 2.34 | +0.76 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.00 | 1.04 | -0.04 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.80 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.68 | 0.94 | -0.26 |
Drawdowns
PSWD.DE vs. IQSA.DE - Drawdown Comparison
The maximum PSWD.DE drawdown since its inception was -36.39%, which is greater than IQSA.DE's maximum drawdown of -34.11%. Use the drawdown chart below to compare losses from any high point for PSWD.DE and IQSA.DE.
Loading charts...
Drawdown Indicators
| PSWD.DE | IQSA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.39% | -34.11% | -2.28% |
Max Drawdown (1Y)Largest decline over 1 year | -5.89% | -6.20% | +0.31% |
Max Drawdown (3Y)Largest decline over 3 years | -18.19% | -21.35% | +3.16% |
Max Drawdown (5Y)Largest decline over 5 years | -18.19% | -21.35% | +3.16% |
Max Drawdown (10Y)Largest decline over 10 years | -36.39% | — | — |
Current DrawdownCurrent decline from peak | -0.31% | -0.33% | +0.02% |
Average DrawdownAverage peak-to-trough decline | -4.65% | -4.38% | -0.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.46% | 1.57% | -0.11% |
Volatility
PSWD.DE vs. IQSA.DE - Volatility Comparison
The current volatility for Invesco FTSE RAFI All World 3000 UCITS ETF (PSWD.DE) is 3.08%, while Invesco Global Active ESG Equity UCITS ETF USD Acc (IQSA.DE) has a volatility of 3.32%. This indicates that PSWD.DE experiences smaller price fluctuations and is considered to be less risky than IQSA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PSWD.DE | IQSA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.08% | 3.32% | -0.24% |
Volatility (6M)Calculated over the trailing 6-month period | 7.86% | 8.85% | -0.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.54% | 12.17% | -1.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.16% | 14.71% | -1.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.19% | 16.74% | -1.55% |
PSWD.DE vs. IQSA.DE - Expense Ratio Comparison
PSWD.DE has a 0.39% expense ratio, which is higher than IQSA.DE's 0.30% expense ratio.
Dividends
PSWD.DE vs. IQSA.DE - Dividend Comparison
PSWD.DE's dividend yield for the trailing twelve months is around 1.75%, while IQSA.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IQSA.DE Invesco Global Active ESG Equity UCITS ETF USD Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PSWD.DE Invesco FTSE RAFI All World 3000 UCITS ETF | 1.75% | 2.03% | 2.27% | 2.48% | 2.66% | 1.92% | 1.98% | 2.37% | 2.56% | 2.06% | 1.97% | 2.02% |
Frequently Asked Questions
PSWD.DE and IQSA.DE have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IQSA.DE is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IQSA.DE is cheaper with a 0.30% expense ratio, compared with 0.39% for PSWD.DE.
Their fees differ too: 0.39% for PSWD.DE and 0.30% for IQSA.DE.
Find the right allocation for PSWD.DE and IQSA.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer