The best Multi-Factor ETFs

How to invest in multi-factor ETFs

0.13% p.a. - 0.53% p.a.
annual total expense ratio (TER) of multi-factor ETFs
on multi-factor strategies, which are tracked by ETFs
on multi-factor strategies
 
The best indices for multi-factor ETFs

How do I invest in multi-factor ETFs?

Factor strategies are equity strategies that use scientific observations and patterns related to stocks and their performance. The specific research-based observation is referred to as "factor". Based on the scientific findings, the goal is to identify securities that will outperform the broad market in the future. As well as examining the factors themselves, patterns of their occurrence in specific market stages have been identified.

Multi-factor ETFs make use of this knowledge by combining several factor strategies. In most cases, this is done by investing directly in the relevant stocks and not in single-factor ETFs. Some ETFs actively manage the weighting of the different factors, while others choose strategic weightings and maintain them over time. It is therefore worth comparing.

In this investment guide, you will find all available worldwide multi-factor ETFs. Currently, there are 25 multi-factor-ETFs available.
 
 

Multi-Factor ETFs in comparison

The most important factors at a glance

When choosing a multi-factor ETF one should consider several other factors in addition to the methodology of the underlying index and performance of an ETF. For better comparison, you will find a list of all multi-factor ETFs with details on size, cost, age, income, domicile and replication method ranked by fund size.

Compare all multi-factor ETFs in detail
Compare all multi-factor ETFs in a chart

ETF name
ISIN
  Fund size
in m EUR
TER
in %
Use of profits Fund domicile Replication method
Invesco Global Active ESG Equity UCITS ETF AccIE00BJQRDN15 2,592 0.30% p.a. Accumulating Ireland Full replication
L&G Gerd Kommer Multifactor Equity UCITS ETF USD AccumulatingIE0001UQQ933 1,487 0.45% p.a. Accumulating Ireland Optimized sampling
Invesco Global Enhanced Equity UCITS ETF AccIE000TZ4SIN6 1,293 0.24% p.a. Accumulating Ireland Full replication
HSBC Multi-Factor Worldwide Equity UCITS ETF USDIE00BKZGB098 1,062 0.25% p.a. Distributing Ireland Full replication
iShares STOXX World Equity Multifactor UCITS ETF USD (Acc)IE00BZ0PKT83 826 0.30% p.a. Accumulating Ireland Optimized sampling
Schroder Global Equity Custom Active UCITS ETF AccIE000GML9HQ4 733 0.28% p.a. Accumulating Ireland Full replication
HSBC PLUS World Equity Quant Active UCITS ETF USD AccIE000ZURGSV2 649 0.20% p.a. Accumulating Ireland Full replication
Invesco Global Active ESG Equity UCITS ETF EUR PfHdg AccIE00BJQRDP39 411 0.30% p.a. Accumulating Ireland Full replication
L&G WTW Global Equity Diversified UCITS ETF EUR Hedged AccIE000JMMZAP4 297 0.22% p.a. Accumulating Ireland Optimized sampling
JPMorgan Global Equity Multi-Factor UCITS ETF USD (acc)IE00BJRCLL96 264 0.19% p.a. Accumulating Ireland Full replication
L&G Gerd Kommer Multifactor Equity UCITS ETF USD DistributingIE000FPWSL69 245 0.45% p.a. Distributing Ireland Optimized sampling
iShares World Equity Factor Rotation Active UCITS ETF USD (Acc)IE0009Y1MQJ2 185 0.30% p.a. Accumulating Ireland Full replication
Invesco Global Active ESG Equity UCITS ETF EUR PfHdg DistIE0008YN55P8 159 0.30% p.a. Distributing Ireland Full replication
BNP Paribas Easy II World Active Factor Rotation UCITS ETF USD AccIE0004GONJX4 141 0.30% p.a. Accumulating Ireland Full replication
Invesco All Country World Enhanced Equity UCITS ETF AccIE000S0JMIY6 77 0.24% p.a. Accumulating Ireland Full replication
iShares STOXX World Equity Multifactor UCITS ETF EUR Hedged (Acc)IE00BYXPXK00 29 0.33% p.a. Accumulating Ireland Optimized sampling
BNP Paribas Easy Alpha Enhanced World UCITS ETF EUR AccIE0002DDYPW4 21 0.13% p.a. Accumulating Ireland Full replication
BNP Paribas Easy Global Equity Long/Short UCITS ETF AccLU3307220965 20 0.50% p.a. Accumulating Luxembourg Swap-based
BNP Paribas Easy Alpha Enhanced World UCITS ETF USD AccIE0009WYJCP8 20 0.13% p.a. Accumulating Ireland Full replication
Invesco Global Enhanced Equity UCITS ETF EUR PfHdg AccIE000OHEH5Y9 10 0.29% p.a. Accumulating Ireland Full replication
Invesco Global ex USA Enhanced Equity UCITS ETF AccIE0002QTP7B2 2 0.24% p.a. Accumulating Ireland Full replication
L&G WTW Global Equity Diversified UCITS ETF USD AccIE000GUIUCJ1 1 0.19% p.a. Accumulating Ireland Optimized sampling
JPMorgan Global Equity Multi-Factor UCITS ETF USD (dist)IE000A9QKUV7 1 0.19% p.a. Distributing Ireland Full replication
BNP Paribas Easy II World Active Factor Rotation UCITS ETF EUR (H) AccIE0001858L90 1 0.33% p.a. Accumulating Ireland Full replication
BNP Paribas Easy Global Equity Long/Short UCITS ETF RH USD AccLU3405561609 0 0.53% p.a. Accumulating Luxembourg Swap-based

Source: justETF.com; As of 11/10/2026

 

Return comparison of all multi-factor ETFs

The table shows the returns of all multi-factor ETFs in comparison. All return figures are including dividends as of month end. Besides the return the reference date on which you conduct the comparison is important. In order to find the best ETFs, you can also perform a chart comparison.

ETF   1 month
in %
3 months
in %
6 months
in %
1 year
in %
3 years
in %
Invesco Global Active ESG Equity UCITS ETF Acc 0.44% 0.14% 22.04% 26.04% 83.62%
HSBC Multi-Factor Worldwide Equity UCITS ETF USD 1.17% 2.33% 20.51% 24.81% 71.75%
iShares STOXX World Equity Multifactor UCITS ETF USD (Acc) 1.26% 4.71% 24.03% 24.78% 73.05%
Invesco Global Enhanced Equity UCITS ETF Acc 1.37% 2.41% 20.73% 23.49% -
Invesco Global Active ESG Equity UCITS ETF EUR PfHdg Acc -1.48% -0.88% 20.43% 21.56% 88.55%
Invesco Global Active ESG Equity UCITS ETF EUR PfHdg Dist -1.47% -0.86% 20.40% 21.55% 88.56%
L&G Gerd Kommer Multifactor Equity UCITS ETF USD Distributing -0.29% -0.50% 17.45% 20.17% 60.69%
L&G Gerd Kommer Multifactor Equity UCITS ETF USD Accumulating -0.33% -0.53% 17.37% 20.10% 60.60%
HSBC PLUS World Equity Quant Active UCITS ETF USD Acc 1.24% 2.60% 19.87% 20.00% -
iShares STOXX World Equity Multifactor UCITS ETF EUR Hedged (Acc) -0.81% 3.55% 22.03% 20.00% 76.62%
BNP Paribas Easy Alpha Enhanced World UCITS ETF USD Acc 1.30% 3.60% 19.93% 19.54% -
BNP Paribas Easy Alpha Enhanced World UCITS ETF EUR Acc 1.20% 3.51% 19.94% 19.38% -
Invesco Global Enhanced Equity UCITS ETF EUR PfHdg Acc -0.75% 1.38% 18.71% 18.07% -
JPMorgan Global Equity Multi-Factor UCITS ETF USD (acc) -1.88% -0.22% 9.31% 17.82% 48.35%
JPMorgan Global Equity Multi-Factor UCITS ETF USD (dist) -1.89% -0.22% 9.32% 17.82% -
iShares World Equity Factor Rotation Active UCITS ETF USD (Acc) 1.73% 2.44% 21.03% 17.17% -
BNP Paribas Easy Global Equity Long/Short UCITS ETF Acc 1.34% -3.52% - - -
BNP Paribas Easy Global Equity Long/Short UCITS ETF RH USD Acc 4.01% -2.92% - - -
BNP Paribas Easy II World Active Factor Rotation UCITS ETF EUR (H) Acc -1.90% - - - -
BNP Paribas Easy II World Active Factor Rotation UCITS ETF USD Acc 0.44% - - - -
Invesco All Country World Enhanced Equity UCITS ETF Acc 1.39% - - - -
Invesco Global ex USA Enhanced Equity UCITS ETF Acc - - - - -
L&G WTW Global Equity Diversified UCITS ETF EUR Hedged Acc -1.29% - - - -
L&G WTW Global Equity Diversified UCITS ETF USD Acc 1.14% - - - -
Schroder Global Equity Custom Active UCITS ETF Acc 2.05% 1.02% 24.72% - -
ETF   2026
in %
2025
in %
2024
in %
2023
in %
2022
in %
iShares STOXX World Equity Multifactor UCITS ETF USD (Acc) 19.72% 11.33% 23.94% 10.98% -10.10%
Invesco Global Active ESG Equity UCITS ETF Acc 19.17% 8.41% 30.12% 19.82% -8.71%
HSBC Multi-Factor Worldwide Equity UCITS ETF USD 18.69% 10.62% 22.87% 17.93% -12.47%
Invesco Global Enhanced Equity UCITS ETF Acc 17.16% - - - -
L&G Gerd Kommer Multifactor Equity UCITS ETF USD Accumulating 16.01% 9.35% 19.76% - -
L&G Gerd Kommer Multifactor Equity UCITS ETF USD Distributing 15.62% 9.39% 19.72% - -
HSBC PLUS World Equity Quant Active UCITS ETF USD Acc 15.29% - - - -
iShares STOXX World Equity Multifactor UCITS ETF EUR Hedged (Acc) 15.15% 21.13% 18.02% 12.33% -15.77%
BNP Paribas Easy Alpha Enhanced World UCITS ETF USD Acc 15.14% - - - -
BNP Paribas Easy Alpha Enhanced World UCITS ETF EUR Acc 14.95% - - - -
Invesco Global Active ESG Equity UCITS ETF EUR PfHdg Acc 14.86% 18.64% 23.48% 21.86% -14.41%
Invesco Global Active ESG Equity UCITS ETF EUR PfHdg Dist 14.83% 18.60% 23.54% 21.84% -
JPMorgan Global Equity Multi-Factor UCITS ETF USD (acc) 14.10% 3.89% 17.50% 9.42% -4.70%
JPMorgan Global Equity Multi-Factor UCITS ETF USD (dist) 14.05% - - - -
iShares World Equity Factor Rotation Active UCITS ETF USD (Acc) 13.98% - - - -
Invesco Global Enhanced Equity UCITS ETF EUR PfHdg Acc 12.44% - - - -
BNP Paribas Easy Global Equity Long/Short UCITS ETF Acc - - - - -
BNP Paribas Easy Global Equity Long/Short UCITS ETF RH USD Acc - - - - -
BNP Paribas Easy II World Active Factor Rotation UCITS ETF EUR (H) Acc - - - - -
BNP Paribas Easy II World Active Factor Rotation UCITS ETF USD Acc - - - - -
Invesco All Country World Enhanced Equity UCITS ETF Acc - - - - -
Invesco Global ex USA Enhanced Equity UCITS ETF Acc - - - - -
L&G WTW Global Equity Diversified UCITS ETF EUR Hedged Acc - - - - -
L&G WTW Global Equity Diversified UCITS ETF USD Acc - - - - -
Schroder Global Equity Custom Active UCITS ETF Acc - - - - -

Source: justETF.com; As of 30/09/2026; Calculations in EUR including dividends