SP2D.DE vs. IQSA.DE
SP2D.DE (Invesco S&P 500 Equal Weight UCITS ETF Dist) and IQSA.DE (Invesco Global Active ESG Equity UCITS ETF USD Acc) are both exchange-traded funds - SP2D.DE is a S&P 500 fund tracking the S&P 500® Equal Weight, while IQSA.DE is a Global Equities fund actively managed by Invesco. SP2D.DE is passively managed, while IQSA.DE is actively managed. Over the past 3 years, SP2D.DE returned 12.11%/yr vs 22.03%/yr for IQSA.DE. Their correlation of 0.85 suggests significant overlap in exposure. SP2D.DE charges 0.20%/yr vs 0.30%/yr for IQSA.DE.
Performance
SP2D.DE vs. IQSA.DE - Performance Comparison
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Returns By Period
In the year-to-date period, SP2D.DE achieves a 10.33% return, which is significantly lower than IQSA.DE's 14.81% return.
SP2D.DE
- 1D
- 0.26%
- 1M
- 3.83%
- YTD
- 10.33%
- 6M
- 10.25%
- 1Y
- 18.05%
- 3Y*
- 12.11%
- 5Y*
- —
- 10Y*
- —
IQSA.DE
- 1D
- -0.11%
- 1M
- 4.49%
- YTD
- 14.81%
- 6M
- 16.12%
- 1Y
- 28.39%
- 3Y*
- 22.03%
- 5Y*
- 15.45%
- 10Y*
- —
SP2D.DE vs. IQSA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
SP2D.DE Invesco S&P 500 Equal Weight UCITS ETF Dist | 10.33% | -0.81% | 18.69% | 10.53% | -1.10% |
IQSA.DE Invesco Global Active ESG Equity UCITS ETF USD Acc | 14.81% | 9.64% | 29.92% | 20.24% | -4.87% |
Correlation
The correlation between SP2D.DE and IQSA.DE is 0.76, 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 | 0.76 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.80 |
Correlation (All Time) Calculated using the full available price history since Feb 21, 2022 | 0.85 |
The correlation between SP2D.DE and IQSA.DE has been stable across timeframes, ranging from 0.76 to 0.85 - a consistent structural relationship.
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Return for Risk
SP2D.DE vs. IQSA.DE — Risk / Return Rank
SP2D.DE
IQSA.DE
SP2D.DE vs. IQSA.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 Equal Weight UCITS ETF Dist (SP2D.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.
| SP2D.DE | IQSA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.71 | ||
| Sortino ratioReturn per unit of downside risk | -1.11 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.43 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 3.47 | 4.60 | -1.13 |
| Martin ratioReturn relative to average drawdown | 10.26 | 18.23 | -7.97 |
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
| SP2D.DE | IQSA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.63 | 2.34 | -0.71 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 1.04 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.57 | 0.94 | -0.38 |
Drawdowns
SP2D.DE vs. IQSA.DE - Drawdown Comparison
The maximum SP2D.DE drawdown since its inception was -22.69%, smaller than the maximum IQSA.DE drawdown of -34.11%. Use the drawdown chart below to compare losses from any high point for SP2D.DE and IQSA.DE.
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Drawdown Indicators
| SP2D.DE | IQSA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.69% | -34.11% | +11.42% |
Max Drawdown (1Y)Largest decline over 1 year | -5.10% | -6.20% | +1.10% |
Max Drawdown (3Y)Largest decline over 3 years | -22.69% | -21.35% | -1.34% |
Max Drawdown (5Y)Largest decline over 5 years | — | -21.35% | — |
Current DrawdownCurrent decline from peak | 0.00% | -0.33% | +0.33% |
Average DrawdownAverage peak-to-trough decline | -5.89% | -4.38% | -1.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.73% | 1.57% | +0.16% |
Volatility
SP2D.DE vs. IQSA.DE - Volatility Comparison
The current volatility for Invesco S&P 500 Equal Weight UCITS ETF Dist (SP2D.DE) is 2.09%, while Invesco Global Active ESG Equity UCITS ETF USD Acc (IQSA.DE) has a volatility of 3.32%. This indicates that SP2D.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
| SP2D.DE | IQSA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.09% | 3.32% | -1.23% |
Volatility (6M)Calculated over the trailing 6-month period | 6.83% | 8.85% | -2.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.83% | 12.17% | -1.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.91% | 14.71% | +0.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.91% | 16.74% | -1.83% |
SP2D.DE vs. IQSA.DE - Expense Ratio Comparison
SP2D.DE has a 0.20% expense ratio, which is lower than IQSA.DE's 0.30% expense ratio.
Dividends
SP2D.DE vs. IQSA.DE - Dividend Comparison
SP2D.DE's dividend yield for the trailing twelve months is around 1.28%, while IQSA.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
IQSA.DE Invesco Global Active ESG Equity UCITS ETF USD Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SP2D.DE Invesco S&P 500 Equal Weight UCITS ETF Dist | 1.28% | 1.39% | 1.34% | 1.49% | 1.54% |
Frequently Asked Questions
SP2D.DE and IQSA.DE have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SP2D.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SP2D.DE is cheaper with a 0.20% expense ratio, compared with 0.30% for IQSA.DE.
SP2D.DE is categorized as S&P 500, while IQSA.DE is Global Equities. Their fees differ too: 0.20% for SP2D.DE and 0.30% for IQSA.DE.
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