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Data as of .

EVX vs IQSZ: which is really different?

EVX and IQSZ hold 0% of their weight in the same names, and IQSZ returned more over the year.

VanEck Environmental Services ETF and Invesco Global Equity Net Zero ETF.

28.0%EVX in the S&P 500
60.1%IQSZ in the S&P 500
+1.6%EVX total return, 1 year
+22.5%IQSZ total return, 1 year

ETFIQ Off-Index Score: EVX scores higher

How much of it is not the index it is sold as an alternative to?

EVX 74IQSZ 0.40.1, the lowest in this set91.8, the highest

A percentile among the 379 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it · How it is computed

EVX72% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
28%72%in the S&P 500of its weight outside the S&P 500active share 100% · top ten 60% of the fund · 27 holdings filed Sep 17, 2026 · Nasdaq-100: 0% in28%72%inoutside the S&P 500active share 100% · top ten 60% of the fund
IQSZ40% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
60%40%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 50% · top ten 26% of the fund · 489 holdings filed Sep 19, 2026 · Nasdaq-100: 33% in60%40%in the S&P 500outsideactive share 50% · top ten 26% of the fund

0% of the two portfolios are the same securities at the same weight.

What they hold in common

By the books each fund has filed, EVX and IQSZ hold 0% of their money in the same securities at the same weight.

Positions EVX and IQSZ both hold, largest shared weight first
HoldingEVXIQSZ
Xylem Inc/Ny5.60%0.07%
Only in each
Only in EVXOnly in IQSZ
Ecolab Inc 8.06%NVIDIA Corp 5.05%
Waste Management Inc 7.94%Apple Inc 4.92%
Republic Services Inc 6.99%Microsoft Corp 3.34%
Waste Connections Inc 6.38%Amazon.com Inc 2.44%
Veolia Environnement Sa 6.05%Taiwan Semiconductor Manufacturing Co Ltd 2.04%
Veralto Corp 5.08%Alphabet Inc 1.98%
Gfl Environmental Inc 4.64%Alphabet Inc 1.56%
Clean Harbors Inc 4.59%Broadcom Inc 1.46%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Sep 18, 2026 and Sep 19, 2026.

Performance, window by window

EVX and IQSZ over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
EVXIQSZEVXIQSZEVXIQSZ
3 months−1.2%+1.2%−3.5 pts−1.1 pts+1.3 pts+3.7 pts
6 months+4.3%+18.8%−13.7 pts+0.8 pts−19.9 pts−5.4 pts
1 year+1.6%+22.5%−14.9 pts+5.9 pts−20.1 pts+0.7 pts
3 years+32.9%not published−45.5 ptsnot published−65.3 ptsnot published
Since launch+414.5%+31.5%−389.0 pts+7.9 pts−1275.7 pts+1.5 pts
Open the live comparison on ETFIQ
EVX and IQSZ on the same fields, as of Sep 18, 2026. Source: ETFIQ.
EVX
VanEck Environmental Services ETF
Holds 27 stocks in energy transition and decarbonisation, 28% of its weight in S&P 500 companies
IQSZ
Invesco Global Equity Net Zero ETF
Holds 489 stocks in energy transition and decarbonisation, 60% of its weight in S&P 500 companies
IssuerVanEckInvesco
ThemeEnergy transition and decarbonisationEnergy transition and decarbonisation
In the S&P 50028.0%60.1%
Active share vs the S&P 50099.7%49.7%
In the Nasdaq-1000.0%32.6%
Holdings27489
Top ten, share of the fund60.1%25.5%
Expense ratio0.55%0.19%
Fee for the differing part0.55%0.38%
Total return, 1 year+1.6%+22.5%
vs the S&P 500−14.9 pts+5.9 pts
vs the Nasdaq-100−20.1 pts+0.7 pts
Below its high−6.7%−1.6%
Net assets$97m$174m

EVX in plain words

By weight, 28% of EVX's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 60% of the fund across 27 positions, as published by its issuer for Sep 18, 2026. Over the year to Sep 18, 2026 the fund returned +1.6% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 14.9 pts. It sits 6.7% below its all-time high of Feb 11, 2026.

IQSZ in plain words

By weight, 60% of IQSZ's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 50%. The top ten holdings are 26% of the fund across 489 positions, as published by its issuer for Sep 19, 2026. Over the year to Sep 18, 2026 the fund returned +22.5% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 5.9 pts.

Questions people ask

Do EVX and IQSZ hold the same stocks?
By their latest filings, 0% of their books are the same securities at the same weight, which is mostly different names. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, EVX or IQSZ?
EVX has 28% of its weight in S&P 500 names and IQSZ has 60%, so EVX differs more from the index.
Which is cheaper, EVX or IQSZ?
EVX charges 0.55% a year and IQSZ charges 0.19%, so IQSZ is cheaper. Fees come from each fund's prospectus.

Other comparisons

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

EVX against IQSZ, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, EVX against IQSZ, data as of Sep 18, 2026. https://etfiq.com/compare/themes/evx-vs-iqsz Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources