Iq Candriam ESG U.S. Mid Cap Equity ETF (IQSM) Performance
IQSM total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +12.7% since Dec 31, 2025
- 1 year
- +14.4% total return
- 3 years
- +16.9% a year
- Since first price
- +12.0% a year since 2022
IQSM trailing returns vs SPY, QQQ, AGG
| Period | IQSM total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −0.7% | −0.7% | −1.0% | −5.0% | +0.9% |
| 3 months | +0.2% | −0.0% | +3.2% | +1.9% | −0.4% |
| 6 months | +4.6% | +4.1% | +7.8% | +8.4% | −1.5% |
| YTD | +12.7% | +11.9% | +12.3% | +15.1% | −1.0% |
| 1 year | +14.4% | +13.1% | +14.4% | +15.9% | −1.1% |
| 3 years | +59.7%+16.9%/yr | +54.1% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| Since inceptionOct 25, 2022 | +57.4%+12.0%/yr | +50.1% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: IQSM vs SPY
From Oct 25, 2022: IQSM grew to $15,736, SPY to $20,795.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
IQSM returns by calendar year
3 of 3 full years positive. Best 2023 (+15.8%), worst 2025 (+8.0%). 2026 is year to date.
IQSM annual returns table
| Year | IQSM | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +12.7% | −8.9% | +12.3% | +15.1% | −1.0% |
| 2025 | +8.0% | −21.1% | +17.7% | +20.8% | +7.2% |
| 2024 | +9.2% | −8.3% | +24.9% | +25.6% | +1.3% |
| 2023 | +15.8% | −16.4% | +26.2% | +54.9% | +5.7% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
IQSM largest drawdowns
Now 5.0% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Nov 25, 2024 | −23.7% | Apr 8, 2025 | Dec 10, 2025 | 4 months | 1.0 years |
| Feb 2, 2023 | −16.4% | Oct 27, 2023 | Dec 14, 2023 | 9 months | 10 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
IQSM risk statistics
| Statistic | 3 years | Since 2022 |
|---|---|---|
| Annualized return | +14.3% | +11.7% |
| Volatility (annualized) | 15.8% | 16.7% |
| Sharpe ratio | 0.65 | 0.48 |
| Sortino ratio | 1.04 | 0.78 |
| Best month | +10.5% | +10.5% |
| Worst month | −7.8% | −7.8% |
| Best 12 months | +32.1% | +32.1% |
| Worst 12 months | −4.4% | −4.4% |
| Positive months | 67% | 60% |
| Beta vs S&P 500 | 1.03 | — |
| Correlation with S&P 500 | 0.82 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
IQSM rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 37 | −4.4% | +11.6% | +32.1% | 92% |
| 3-year (a year) | 13 | +8.6% | +11.3% | +17.1% | 100% |
Every holding period starting at a month-end since 2022. Returns for 3 years and longer are annualized.
IQSM performance overview
Iq Candriam ESG U.S. Mid Cap Equity ETF (IQSM) returned +14.4% over the past year, with distributions reinvested. Since its first recorded price in 2022 it has returned +12.0% a year, turning $10,000 into about $15,736. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −23.7%, from Nov 25, 2024 to Apr 8, 2025, and it took 8 months to get back to the old high. IQSM finished 3 of its 3 full calendar years with a gain; the best year was 2023 (+15.8%) and the worst 2025 (+8.0%). Volatility has been 16.7% a year.
Related: IQSM chart, IQSM holdings, IQSM dividends, IQSM valuation. See the IQSM overview for the latest quote and fund facts.
IQSM performance FAQ
What is the IQSM return over the past year?
IQSM returned +14.4% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 13.1%.
How much would $10,000 invested in IQSM be worth?
$10,000 invested in IQSM at its first recorded close on October 25, 2022 would be worth about $15,736 on October 23, 2026 with distributions reinvested.
What was the worst year for IQSM?
The worst calendar year was 2025, with a total return of +8.0%. The best was 2023 at +15.8%.
What is the biggest drawdown of IQSM?
The largest peak-to-trough decline was −23.7% between November 25, 2024 and April 8, 2025. It recovered to the old high on December 10, 2025, 8 months after the bottom.
How volatile is IQSM?
Over the past 3 years IQSM had an annualized volatility of 15.8% and a Sharpe ratio of 0.65 (excess return over 1–3 month T-bills per unit of risk).