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QWLDvsIQSZETF Comparison

ETF 1
QWLD

SPDR MSCI World StrategicFactors ETF

This fund is part of
DM Large & Mid Cap
-1.4%
Full QWLD fund page
VS
ETF 2
IQSZ

Invesco Global Equity Net Zero ETF

Full IQSZ fund page

SPDR MSCI World StrategicFactors ETF (QWLD) belongs to the DM Large & Mid Cap segment. Invesco Global Equity Net Zero ETF (IQSZ) is part of the segment. QWLD's top 3 sector exposures are Information Technology, Financials and Health Care. In contrast, IQSZ's top sector exposures are Information Technology, Financials and Industrials. QWLD is more expensive with a Total Expense Ratio (TER) of 0.3%, versus 0.19% for IQSZ. QWLD is up 1.05% year-to-date (YTD) with +$4M in YTD flows. IQSZ performs worse with 0.2% YTD performance, and +$1M in YTD flows. Run a side-by-side ETF comparison of QWLD and IQSZ below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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QWLD vs IQSZ performance and flow charts

Performance

-4.0-3.0-2.0-1.00.01.02.0%Feb 12Feb 20Feb 27Mar 6

Cumulative Flows

Feb 12Feb 20Feb 27Mar 6

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Historic performance and flows
Data as of 03/12/2026
1M3MYTD1Y3Y5Y
Perf.
QWLD
IQSZ
-2.95%-3.51%
+1.47%+1.19%
+1.05%+0.20%
+16.61%n/a
+62.59%n/a
+65.14%n/a
Flows
QWLD
IQSZ
--
+$4M+$1M
+$4M+$1M
+$7M-
+$58M-
+$82M-
Volatility and drawdown
3M1Y3Y5Y
Volatility
QWLD
IQSZ
+8.01%+12.81%
+11.17%n/a
+9.70%n/a
+11.81%n/a
Max drawdown
QWLD
IQSZ
-4.55%-5.68%
-10.12%n/a
-11.20%n/a
-22.83%n/a
Max drawdown duration
QWLD
IQSZ
11d15d
37dn/a
84dn/a
709dn/a
Trading data

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QWLD
IQSZ
Last sale
3/13/2026 at 1:30 PM
$144.07
$27.98
Previous close
03/12/2026
$144.87
$27.98
Consolidated volume
03/12/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of February 27, 2026
1-year trailing difference

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IQSZ
is actively managed and doesn’t replicate an index

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QWLD
IQSZ
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 3/13/2026 at 1:30 PM
Live
Closed
QWLD
IQSZ
Last price
$144.07
$27.98
1D performance
-0.55%
-0.00%
AuM$181.12 M$151.47 M
E/R0.3%0.19%
Characteristics
QWLD
IQSZ
Management strategyPassiveActive
ProviderSPDRInvesco
BenchmarkMSCI World Factor Mix A-Series Index-
N° of holdings1209456
Asset classEquities-
Trailing 12m distribution yield
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Inception dateJune 4, 2014July 16, 2025
ESGNoYes
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Exposure

Countries

QWLD
USA
62.87%
Japan
8%
Other
29.13%
IQSZ
USA
63.11%
Other
36.89%

Sectors

QWLD
Information Techn.
21.58%
Financials
13.56%
Health Care
13.48%
Communication Ser.
10.84%
Industrials
9.97%
Consumer Staples
8.04%
Other
22.52%
IQSZ
Information Techn.
25.31%
Financials
16.5%
Industrials
11.48%
Consumer Discreti.
10.72%
Communication Ser.
8.42%
Health Care
7.78%
Other
19.77%
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Diversification

QWLD

Total weight of top 15 holdings out of 15

20.89%
IQSZ

Total weight of top 15 holdings out of 15

27.82%

Top 15 holdings

Data as of January 31, 2026
QWLD
MICROSOFT-T
2.24%
META PLATFORMS
2.22%
APPLE
2.11%
NVIDIA
2.00%
JOHNSON&JOHNSON
1.39%
ALPHABET INC-CL
1.37%
LILLY
1.28%
ALPHABET INC-CL
1.28%
VISA INCORPORATION
1.23%
ASML HOLDING
1.13%
EXXON
0.97%
NOVARTIS
0.94%
CISCO-T
0.93%
WALMART INC
0.91%
PROCTERGAMBLE
0.89%
IQSZ
NVIDIA
4.77%
APPLE
4.02%
MICROSOFT-T
3.61%
AMAZON.COM INC
2.46%
ALPHABET INC-CL
2.03%
ALPHABET INC-CL
1.82%
US8740391003
1.57%
META PLATFORMS
1.57%
TESLA
1.18%
JPMORGAN CHASE
0.93%
JOHNSON&JOHNSON
0.86%
LILLY
0.80%
THE GOLDMAN SACHS GROUP
0.73%
EXXON
0.73%
CITIGROUP
0.73%
Frequently asked questions about QWLD and IQSZ

How have the QWLD and IQSZ ETFs performed in 2026?

As of March 12, 2026, QWLD is up 1.05% year-to-date (YTD), while IQSZ has returned 0.2%. That puts QWLD better performer ahead so far this year.

Which ETF is attracting more investor money: QWLD or IQSZ?

Year-to-date, the QWLD ETF saw +$4M in flows, compared to +$1M for IQSZ.

Which ETF is bigger: QWLD or IQSZ?

As of March 12, 2026, QWLD holds $181.12 M in assets under management (AUM), while IQSZ manages $151.47 M.

What sectors do the QWLD and IQSZ ETFs invest in?

QWLD leans toward sectors like Information Technology, Financials and Health Care. Meanwhile, IQSZ focuses on Information Technology, Financials and Industrials.

What are the top holdings of the QWLD ETF and IQSZ ETF?

QWLD top holdings include MICROSOFT-T, META PLATFORMS and APPLE. IQSZ holds in its top three: NVIDIA, APPLE and MICROSOFT-T.

Which ETF is more diversified: QWLD or IQSZ?

QWLD holds 1285 securities with 20.89% of its assets in the top 15. IQSZ has 481 securities and a top 15 weight of 27.82%.

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