# IQSZ (Invesco Global Equity Net Zero ETF)

Invesco · Thematic ETFs · data as of Sep 11, 2026

IQSZ holds 487 stocks, and 40% of its weight is outside the S&P 500.

## Key facts

- IQSZ, already in the S&P 500: 59.8%, as of Sep 11, 2026.
- IQSZ, active share vs the S&P 500: 50.1%, as of Sep 11, 2026.
- IQSZ, top ten holdings: 25.0%, as of Sep 11, 2026.
- IQSZ, total return, 1 year: +24.6%, as of Sep 11, 2026.
- IQSZ, net assets: $165m (SEC filing, whole fund, as filed for Apr 30, 2026).
- IQSZ, expense ratio: 0.19% (485BPOS XBRL, Feb 26, 2026).

## IQSZ over each window to Sep 11, 2026

| Window | Total return | S&P 500 | Gap to S&P 500 | Gap to Nasdaq-100 |
| --- | --- | --- | --- | --- |
| 3 months | +3.3% | +3.3% | 0.0 pts | +4.1 pts |
| 6 months | +18.0% | +16.0% | +2.0 pts | −2.7 pts |
| 1 year | +24.6% | +17.5% | +7.1 pts | +1.7 pts |
| Since launch | +32.6% | +23.8% | +8.8 pts | +3.7 pts |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Theme | Energy transition and decarbonisation | ETFIQ, editorial |
| Launched | Jul 16, 2025 | ETFIQ |
| Already in the S&P 500, by weight | 59.8% | ETFIQ |
| Active share vs the S&P 500 | 50.1% | ETFIQ |
| Already in the Nasdaq-100, by weight | 32.1% | ETFIQ |
| Active share vs the Nasdaq-100 | 67.9% | ETFIQ |
| Top ten holdings weight | 25.0% | ETFIQ |
| Holdings | 487 | ETFIQ |
| Holdings as of | Sep 10, 2026 | the issuer’s daily file |
| Top holdings | NVIDIA Corp 5.0%, Apple Inc 4.8%, Microsoft Corp 3.3%, Amazon.com Inc 2.4%, Taiwan Semiconductor Manufacturing Co Ltd 2.0%, Alphabet Inc 1.9%, Alphabet Inc 1.5%, Broadcom Inc 1.5%, Meta Platforms Inc 1.4%, Micron Technology Inc 1.2% | ETFIQ |
| Net assets | $165m | SEC filing, whole fund, as filed for Apr 30, 2026 |
| Below its all-time high | −0.9% | ETFIQ |
| Expense ratio | 0.19% | 485BPOS XBRL, Feb 26, 2026 |
| Fee for the part that differs from the S&P 500, active expense ratio | 0.38% | ETFIQ |
| Closest funds by holdings overlap | USNZ 45%, AIEQ 39%, TNXT 34%, XT 31%, CRTC 28% | ETFIQ |

## Questions

### How much of IQSZ is in S&P 500 companies?

By its holdings published by its issuer for Sep 10, 2026, 60% of IQSZ by weight is stocks the S&P 500 already holds. Its active share against the index is 50%, so that share is the part doing something different.

### What does IQSZ hold?

487 positions as published by its issuer for Sep 10, 2026, with the top ten at 25% of the fund. The largest are NVIDIA Corp at 5.0%, Apple Inc at 4.8%, Microsoft Corp at 3.3%.

### Has IQSZ beaten the S&P 500?

Over the year to Sep 11, 2026 IQSZ returned +24.6% with distributions reinvested, against +17.5% for the S&P 500, so it finished ahead of the index by 7.1 points.

### What does IQSZ cost?

The prospectus expense ratio is 0.19% a year. Because 50% of the fund differs from the S&P 500, the fee on that differing part works out at 0.38%.


## Cite this page

ETFIQ, IQSZ, data as of Sep 11, 2026. https://etfiq.com/funds/IQSZ
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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