IQSZ vs SDG

IQSZBInvesco Global Equity Net Zero ETF

SDGBiShares MSCI Global Sustainable Development Goals ETF

In short

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.

SDG A global stock fund built on one filter: does the business itself serve the UN's Sustainable Development Goals? About 120 companies worldwide, running since 2016, priced below the typical global thematic fund.

Stated mandate

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.

SDG The Fund seeks to track an index of global companies aligned with the United Nations Sustainable Development Goals.

Why people hold it

• 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.

• SDG Charges 0.50% a year, under the median fee for global thematic funds in its peer group.
• Holdings come from a published index, the MSCI ACWI Sustainable Development Index, rather than a manager's judgement call. The rulebook is public.ishares.com
• About 120 names across global markets, concentrated enough that the theme actually shows up in the portfolio instead of getting diluted.
• Live since 2016 on BlackRock's iShares platform, a long track record for a theme fund, and it sits in the upper half of its global thematic cohort.

Worth knowing

• 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.

• SDG Thinly traded, so spreads can run wider than on broad index funds and larger orders take more care to fill.
• The SDG alignment screens leave out large chunks of the world market, so results can drift well away from a plain global index.ishares.com
• Cheaper sustainability-tilted options share the cohort: Invesco's KLMT runs 0.10%.

Full IQSZ profile⁠

Full SDG profile⁠