TSLI.L vs. IQSA.L
TSLI.L (IncomeShares Tesla TSLA Options ETP) and IQSA.L (Invesco Global Active ESG Equity UCITS ETF USD Acc) are both exchange-traded funds - TSLI.L is a Derivative Income fund actively managed by Leverage Shares, while IQSA.L is a Global Equities fund actively managed by Invesco. Both are actively managed. Over the past year, TSLI.L returned 3.30% vs 28.97% for IQSA.L. At a 0.44 correlation, their price movements are largely independent. TSLI.L charges 0.55%/yr vs 0.30%/yr for IQSA.L.
Performance
TSLI.L vs. IQSA.L - Performance Comparison
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Returns By Period
In the year-to-date period, TSLI.L achieves a -24.15% return, which is significantly lower than IQSA.L's 14.47% return.
TSLI.L
- 1D
- 0.00%
- 1M
- -9.66%
- YTD
- -24.15%
- 6M
- -26.27%
- 1Y
- 3.30%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IQSA.L
- 1D
- 0.33%
- 1M
- 0.94%
- YTD
- 14.47%
- 6M
- 14.29%
- 1Y
- 28.97%
- 3Y*
- 23.37%
- 5Y*
- 14.53%
- 10Y*
- —
TSLI.L vs. IQSA.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
TSLI.L IncomeShares Tesla TSLA Options ETP | -24.15% | 15.61% | 25.40% |
IQSA.L Invesco Global Active ESG Equity UCITS ETF USD Acc | 14.47% | 22.67% | 9.24% |
Correlation
The correlation between TSLI.L and IQSA.L is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (All Time) Calculated using the full available price history since Aug 12, 2024 | 0.44 |
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Return for Risk
TSLI.L vs. IQSA.L — Risk / Return Rank
TSLI.L
IQSA.L
TSLI.L vs. IQSA.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for IncomeShares Tesla TSLA Options ETP (TSLI.L) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| TSLI.L | IQSA.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.09 | ||
| Sortino ratioReturn per unit of downside risk | -2.90 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.39 | -0.35 |
| Calmar ratioReturn relative to maximum drawdown | 0.10 | 3.33 | -3.24 |
| Martin ratioReturn relative to average drawdown | 0.21 | 14.21 | -14.00 |
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Drawdowns
TSLI.L vs. IQSA.L - Drawdown Comparison
The maximum TSLI.L drawdown since its inception was -41.20%, which is greater than IQSA.L's maximum drawdown of -34.64%. Use the drawdown chart below to compare losses from any high point for TSLI.L and IQSA.L.
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Drawdown Indicators
| TSLI.L | IQSA.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.20% | -34.64% | -6.56% |
Max Drawdown (1Y)Largest decline over 1 year | -33.69% | -8.65% | -25.04% |
Max Drawdown (3Y)Largest decline over 3 years | — | -16.99% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.67% | — |
Current DrawdownCurrent decline from peak | -28.89% | -1.18% | -27.71% |
Average DrawdownAverage peak-to-trough decline | -14.69% | -4.88% | -9.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.01% | 2.03% | +13.98% |
Volatility
TSLI.L vs. IQSA.L - Volatility Comparison
IncomeShares Tesla TSLA Options ETP (TSLI.L) has a higher volatility of 10.79% compared to Invesco Global Active ESG Equity UCITS ETF USD Acc (IQSA.L) at 4.06%. This indicates that TSLI.L's price experiences larger fluctuations and is considered to be riskier than IQSA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TSLI.L | IQSA.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.79% | 4.06% | +6.73% |
Volatility (6M)Calculated over the trailing 6-month period | 27.09% | 10.68% | +16.41% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.06% | 13.30% | +24.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.05% | 16.56% | +27.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 44.05% | 18.03% | +26.02% |
TSLI.L vs. IQSA.L - Expense Ratio Comparison
TSLI.L has a 0.55% expense ratio, which is higher than IQSA.L's 0.30% expense ratio.
Dividends
TSLI.L vs. IQSA.L - Dividend Comparison
TSLI.L's dividend yield for the trailing twelve months is around 35.17%, while IQSA.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
IQSA.L Invesco Global Active ESG Equity UCITS ETF USD Acc | 0.00% | 0.00% | 0.00% |
TSLI.L IncomeShares Tesla TSLA Options ETP | 35.17% | 55.94% | 5.04% |
Frequently Asked Questions
TSLI.L and IQSA.L have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IQSA.L is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IQSA.L is cheaper with a 0.30% expense ratio, compared with 0.55% for TSLI.L.
TSLI.L is categorized as Derivative Income, while IQSA.L is Global Equities. They also come from different issuers: Leverage Shares and Invesco. Their fees differ too: 0.55% for TSLI.L and 0.30% for IQSA.L.
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