CCSO vs IQSZ

CCSOBCarbon Collective Climate Solutions U.S. Equity ETF

IQSZBInvesco Global Equity Net Zero ETF

In short

CCSO The name is the mandate: US-listed companies working on climate-change solutions, in a plain 1940 Act wrapper priced well under the typical US thematic fund.

IQSZ Active net-zero investing priced like an index fund: 0.19% for a global, roughly 500-stock portfolio where a quant process weighs momentum, quality and value alongside a company's emissions plans.

Stated mandate

CCSO The Fund seeks long-term capital appreciation through investments primarily in U.S.-listed equity securities of companies focused on climate-change solutions.

IQSZ Seeks long-term total return. It actively invests at least 80% of assets in equity securities of companies judged to support the transition to a net-zero economy through current or planned greenhouse-gas reductions, primarily among large- and mid-cap companies in developed and emerging markets.

Why people hold it

• CCSO Costs 0.35% a year, versus a 0.57% median across its US thematic peer group. Cheap is rare in theme funds.
• The prospectus keeps it tight: long-term capital appreciation from US-listed equities of companies focused on climate-change solutions. No commodity sleeves, no offshore detours.
• Ordinary open-end fund structure under the 1940 Act. No leverage, no derivatives contract to decode, no K-1 at tax time.
• Lands in the upper half of its US thematic cohort on our review, which is a crowded field of pricier, narrower ideas.

• IQSZ 0.19% expense ratio against a peer-group median near 0.56%. Active management, index-fund pricing.
• Roughly 500 large- and mid-cap names across developed and emerging markets, so the climate tilt rides on a broad base rather than a handful of pure plays.
• At least 80% of assets go to companies judged to be cutting greenhouse gases now or under a stated plan, run through a momentum, quality and value quant screen.

Worth knowing

• CCSO Small asset base and thin trading. Spreads can widen and large orders move the price, so execution matters more here than in a household-name fund.
• One theme, one country. A climate-solutions basket can drift a long way from the broad US market in either direction.
• Cheaper thematic options exist: LRND runs at 0.14% and TECB at 0.30%, though they chase different ideas entirely.

• IQSZ Launched in 2025 and thinly traded, so spreads can run wider than in a mega-fund and there is little history to judge the process on.
• Net-zero alignment is a manager judgment that counts planned cuts, so the book can look closer to a broad global fund than a clean-energy basket.
• Emerging-market holdings add currency moves and local political risk to the mix.

Full CCSO profile⁠

Full IQSZ profile⁠