QVMP.DE vs. IQSA.DE
QVMP.DE (Invesco S&P 500 QVM UCITS ETF) and IQSA.DE (Invesco Global Active ESG Equity UCITS ETF USD Acc) are both exchange-traded funds - QVMP.DE is a S&P 500 fund tracking the S&P 500 Quality, Value & Momentum Multi-Factor, while IQSA.DE is a Global Equities fund actively managed by Invesco. QVMP.DE is passively managed, while IQSA.DE is actively managed. Over the past 5 years, QVMP.DE returned 16.50%/yr vs 15.45%/yr for IQSA.DE. Their correlation of 0.82 suggests significant overlap in exposure. QVMP.DE charges 0.35%/yr vs 0.30%/yr for IQSA.DE.
Performance
QVMP.DE vs. IQSA.DE - Performance Comparison
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Returns By Period
In the year-to-date period, QVMP.DE achieves a 17.52% return, which is significantly higher than IQSA.DE's 14.81% return.
QVMP.DE
- 1D
- 0.24%
- 1M
- 4.97%
- YTD
- 17.52%
- 6M
- 18.12%
- 1Y
- 20.65%
- 3Y*
- 21.01%
- 5Y*
- 16.50%
- 10Y*
- —
IQSA.DE
- 1D
- -0.11%
- 1M
- 6.18%
- YTD
- 14.81%
- 6M
- 16.74%
- 1Y
- 28.62%
- 3Y*
- 22.03%
- 5Y*
- 15.45%
- 10Y*
- —
QVMP.DE vs. IQSA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
QVMP.DE Invesco S&P 500 QVM UCITS ETF | 17.52% | 1.52% | 37.24% | 3.45% | 6.13% | 36.91% | -1.58% | 13.19% |
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 QVMP.DE and IQSA.DE is 0.67, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.67 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.74 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.77 |
Correlation (All Time) Calculated using the full available price history since Aug 6, 2019 | 0.82 |
The correlation between QVMP.DE and IQSA.DE shifts across timeframes, from 0.67 (1 year) to 0.82 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
QVMP.DE vs. IQSA.DE — Risk / Return Rank
QVMP.DE
IQSA.DE
QVMP.DE vs. IQSA.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 QVM UCITS ETF (QVMP.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.
| QVMP.DE | IQSA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.44 | ||
| Sortino ratioReturn per unit of downside risk | -0.64 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.43 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 5.40 | 4.60 | +0.80 |
| Martin ratioReturn relative to average drawdown | 13.12 | 18.23 | -5.11 |
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
| QVMP.DE | IQSA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.91 | 2.34 | -0.44 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.02 | 1.04 | -0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.82 | 0.94 | -0.12 |
Drawdowns
QVMP.DE vs. IQSA.DE - Drawdown Comparison
The maximum QVMP.DE drawdown since its inception was -34.10%, roughly equal to the maximum IQSA.DE drawdown of -34.11%. Use the drawdown chart below to compare losses from any high point for QVMP.DE and IQSA.DE.
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Drawdown Indicators
| QVMP.DE | IQSA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.10% | -34.11% | +0.01% |
Max Drawdown (1Y)Largest decline over 1 year | -3.81% | -6.20% | +2.39% |
Max Drawdown (3Y)Largest decline over 3 years | -19.88% | -21.35% | +1.47% |
Max Drawdown (5Y)Largest decline over 5 years | -19.88% | -21.35% | +1.47% |
Current DrawdownCurrent decline from peak | -0.18% | -0.33% | +0.15% |
Average DrawdownAverage peak-to-trough decline | -5.04% | -4.38% | -0.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.57% | 1.57% | 0.00% |
Volatility
QVMP.DE vs. IQSA.DE - Volatility Comparison
The current volatility for Invesco S&P 500 QVM UCITS ETF (QVMP.DE) is 2.72%, while Invesco Global Active ESG Equity UCITS ETF USD Acc (IQSA.DE) has a volatility of 3.32%. This indicates that QVMP.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.
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Volatility by Period
| QVMP.DE | IQSA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.72% | 3.32% | -0.60% |
Volatility (6M)Calculated over the trailing 6-month period | 7.38% | 8.85% | -1.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.79% | 12.17% | -1.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.03% | 14.71% | +1.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.08% | 16.74% | +0.34% |
QVMP.DE vs. IQSA.DE - Expense Ratio Comparison
QVMP.DE has a 0.35% expense ratio, which is higher than IQSA.DE's 0.30% expense ratio.
Dividends
QVMP.DE vs. IQSA.DE - Dividend Comparison
QVMP.DE's dividend yield for the trailing twelve months is around 0.77%, while IQSA.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
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% |
QVMP.DE Invesco S&P 500 QVM UCITS ETF | 0.77% | 0.84% | 0.82% | 1.61% | 1.82% | 0.86% | 1.58% | 1.38% | 1.31% | 0.72% |
Frequently Asked Questions
QVMP.DE and IQSA.DE have a correlation of 0.67, 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 0.35% for QVMP.DE.
QVMP.DE is categorized as S&P 500, while IQSA.DE is Global Equities. Their fees differ too: 0.35% for QVMP.DE and 0.30% for IQSA.DE.
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