XWQS.L vs. IQSS.L

Last updated Apr 2, 2026

Compare and contrast key facts about Xtrackers MSCI World Quality ESG UCITS ETF 1C (XWQS.L) and Invesco Global Active ESG Equity UCITS ETF USD Acc (IQSS.L).

XWQS.L and IQSS.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XWQS.L is a passively managed fund by Xtrackers that tracks the performance of the MSCI World Quality Low Carbon SRI Screened Select Index. It was launched on Jul 5, 2023. IQSS.L is an actively managed fund by Invesco. It was launched on Sep 7, 2022.

Performance

XWQS.L vs. IQSS.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Xtrackers MSCI World Quality ESG UCITS ETF 1C (XWQS.L) and Invesco Global Active ESG Equity UCITS ETF USD Acc (IQSS.L). The values are adjusted to include any dividend payments, if applicable.

XWQS.L vs. IQSS.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024
XWQS.L Xtrackers MSCI World Quality ESG UCITS ETF 1C	-0.78%	9.12%	3.74%
IQSS.L Invesco Global Active ESG Equity UCITS ETF USD Acc	1.40%	14.30%	6.63%

Different Trading Currencies

XWQS.L is traded in GBP, while IQSS.L is traded in GBp. To make them comparable, the IQSS.L values have been converted to GBP using the latest available exchange rates.

Returns By Period

In the year-to-date period, XWQS.L achieves a -0.78% return, which is significantly lower than IQSS.L's 1.40% return.

XWQS.L

• 1D: 2.09%
• 1M: -4.29%
• YTD: -0.78%
• 6M: 4.37%
• 1Y: 17.03%
• 3Y*: —
• 5Y*: —
• 10Y*: —

IQSS.L

• 1D: 2.55%
• 1M: -2.88%
• YTD: 1.40%
• 6M: 6.70%
• 1Y: 20.85%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

XWQS.L vs. IQSS.L - Expense Ratio Comparison

XWQS.L has a 0.25% expense ratio, which is lower than IQSS.L's 0.60% expense ratio.

IQSS.L

Invesco Global Active ESG Equity UCITS ETF USD Acc

XWQS.L

Xtrackers MSCI World Quality ESG UCITS ETF 1C

Return for Risk

XWQS.L vs. IQSS.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

XWQS.L

XWQS.L Risk / Return Rank: 66
XWQS.L Sharpe Ratio Rank: 62
XWQS.L Sortino Ratio Rank: 62
XWQS.L Omega Ratio Rank: 58
XWQS.L Calmar Ratio Rank: 73
XWQS.L Martin Ratio Rank: 73

IQSS.L

IQSS.L Risk / Return Rank: 79
IQSS.L Sharpe Ratio Rank: 73
IQSS.L Sortino Ratio Rank: 73
IQSS.L Omega Ratio Rank: 72
IQSS.L Calmar Ratio Rank: 87
IQSS.L Martin Ratio Rank: 87

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

XWQS.L vs. IQSS.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI World Quality ESG UCITS ETF 1C (XWQS.L) and Invesco Global Active ESG Equity UCITS ETF USD Acc (IQSS.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.

	XWQS.L	IQSS.L	Difference
Sharpe ratio Return per unit of total volatility	1.17	1.39	-0.21
Sortino ratio Return per unit of downside risk	1.68	1.94	-0.27
Omega ratio Gain probability vs. loss probability	1.23	1.28	-0.05
Calmar ratio Return relative to maximum drawdown	2.22	3.07	-0.85
Martin ratio Return relative to average drawdown	8.79	11.78	-2.99
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XWQS.L vs. IQSS.L - Sharpe Ratio Comparison

The current XWQS.L Sharpe Ratio is 1.17, which is comparable to the IQSS.L Sharpe Ratio of 1.39. The chart below compares the historical Sharpe Ratios of XWQS.L and IQSS.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	XWQS.L	IQSS.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.17	1.39	-0.21
Sharpe Ratio (All Time) Calculated using the full available price history	0.26	0.91	-0.64

Correlation

The correlation between XWQS.L and IQSS.L is 0.91, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

XWQS.L vs. IQSS.L - Dividend Comparison

Neither XWQS.L nor IQSS.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

XWQS.L vs. IQSS.L - Drawdown Comparison

The maximum XWQS.L drawdown since its inception was -23.95%, which is greater than IQSS.L's maximum drawdown of -18.91%. Use the drawdown chart below to compare losses from any high point for XWQS.L and IQSS.L.

Drawdown Indicators

	XWQS.L	IQSS.L	Difference
Max Drawdown Largest peak-to-trough decline	-23.95%	-18.91%	-5.04%
Max Drawdown (1Y) Largest decline over 1 year	-9.47%	-10.21%	+0.74%
Current Drawdown Current decline from peak	-4.93%	-3.48%	-1.45%
Average Drawdown Average peak-to-trough decline	-7.49%	-3.08%	-4.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.98%	1.78%	+0.20%

Volatility

XWQS.L vs. IQSS.L - Volatility Comparison

The current volatility for Xtrackers MSCI World Quality ESG UCITS ETF 1C (XWQS.L) is 4.41%, while Invesco Global Active ESG Equity UCITS ETF USD Acc (IQSS.L) has a volatility of 5.04%. This indicates that XWQS.L experiences smaller price fluctuations and is considered to be less risky than IQSS.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XWQS.L	IQSS.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.41%	5.04%	-0.63%
Volatility (6M) Calculated over the trailing 6-month period	8.63%	8.79%	-0.16%
Volatility (1Y) Calculated over the trailing 1-year period	14.51%	15.01%	-0.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.97%	14.33%	+4.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.97%	14.33%	+4.64%