QWLD vs. IQSA.L
Compare and contrast key facts about SPDR MSCI World StrategicFactors ETF (QWLD) and Invesco Global Active ESG Equity UCITS ETF USD Acc (IQSA.L).
QWLD 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. QWLD is a passively managed fund by State Street that tracks the performance of the MSCI World Factor Mix A-Series (USD). It was launched on Jun 4, 2014. IQSA.L is an actively managed fund by Invesco. It was launched on Sep 7, 2022.
Performance
QWLD vs. IQSA.L - Performance Comparison
Loading graphics...
QWLD vs. IQSA.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
QWLD SPDR MSCI World StrategicFactors ETF | 0.53% | 17.93% | 14.44% | 19.59% | -13.30% | 21.57% | 10.24% | 12.49% |
IQSA.L Invesco Global Active ESG Equity UCITS ETF USD Acc | 0.28% | 22.67% | 22.82% | 24.38% | -14.01% | 24.96% | 10.21% | 12.52% |
Returns By Period
In the year-to-date period, QWLD achieves a 0.53% return, which is significantly higher than IQSA.L's 0.28% return.
QWLD
- 1D
- 0.61%
- 1M
- -4.33%
- YTD
- 0.53%
- 6M
- 3.21%
- 1Y
- 15.02%
- 3Y*
- 15.26%
- 5Y*
- 9.99%
- 10Y*
- 11.14%
IQSA.L
- 1D
- 3.31%
- 1M
- -3.21%
- YTD
- 0.28%
- 6M
- 5.41%
- 1Y
- 24.57%
- 3Y*
- 20.97%
- 5Y*
- 12.90%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
QWLD vs. IQSA.L - Expense Ratio Comparison
Both QWLD and IQSA.L have an expense ratio of 0.30%.
Return for Risk
QWLD vs. IQSA.L — Risk / Return Rank
QWLD
IQSA.L
QWLD vs. IQSA.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI World StrategicFactors ETF (QWLD) and Invesco Global Active ESG Equity UCITS ETF USD 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.
| QWLD | IQSA.L | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.07 | 1.48 | -0.41 |
Sortino ratioReturn per unit of downside risk | 1.61 | 2.11 | -0.50 |
Omega ratioGain probability vs. loss probability | 1.23 | 1.30 | -0.07 |
Calmar ratioReturn relative to maximum drawdown | 1.44 | 2.80 | -1.37 |
Martin ratioReturn relative to average drawdown | 7.15 | 11.39 | -4.23 |
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 graphics...
Sharpe Ratios by Period
| QWLD | IQSA.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.07 | 1.48 | -0.41 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.74 | 0.79 | -0.05 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.73 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.67 | 0.82 | -0.15 |
Correlation
The correlation between QWLD and IQSA.L is 0.58, 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.
Dividends
QWLD vs. IQSA.L - Dividend Comparison
QWLD's dividend yield for the trailing twelve months is around 1.84%, while IQSA.L has not paid dividends to shareholders.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QWLD SPDR MSCI World StrategicFactors ETF | 1.84% | 1.85% | 1.74% | 1.78% | 2.02% | 1.77% | 1.77% | 2.13% | 2.33% | 2.73% | 2.22% | 3.42% |
IQSA.L 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% |
Drawdowns
QWLD vs. IQSA.L - Drawdown Comparison
The maximum QWLD drawdown since its inception was -31.89%, smaller than the maximum IQSA.L drawdown of -34.64%. Use the drawdown chart below to compare losses from any high point for QWLD and IQSA.L.
Loading graphics...
Drawdown Indicators
| QWLD | IQSA.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.89% | -34.64% | +2.75% |
Max Drawdown (1Y)Largest decline over 1 year | -10.44% | -11.76% | +1.32% |
Max Drawdown (5Y)Largest decline over 5 years | -22.84% | -25.67% | +2.83% |
Max Drawdown (10Y)Largest decline over 10 years | -31.89% | — | — |
Current DrawdownCurrent decline from peak | -4.82% | -4.95% | +0.13% |
Average DrawdownAverage peak-to-trough decline | -3.74% | -5.01% | +1.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.10% | 2.13% | -0.03% |
Volatility
QWLD vs. IQSA.L - Volatility Comparison
The current volatility for SPDR MSCI World StrategicFactors ETF (QWLD) is 4.62%, while Invesco Global Active ESG Equity UCITS ETF USD Acc (IQSA.L) has a volatility of 6.09%. This indicates that QWLD 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.
Loading graphics...
Volatility by Period
| QWLD | IQSA.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.62% | 6.09% | -1.47% |
Volatility (6M)Calculated over the trailing 6-month period | 7.53% | 9.66% | -2.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.15% | 16.56% | -2.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.56% | 16.44% | -2.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.20% | 18.19% | -2.99% |