21BC.DE vs. QDVE.DE
21BC.DE (21Shares Bitcoin Core ETP) and QDVE.DE (iShares S&P 500 Information Technology Sector UCITS ETF) are both exchange-traded funds - 21BC.DE is a Cryptocurrency fund actively managed by 21Shares, while QDVE.DE is a Technology Equities fund tracking the S&P 500 Capped 35/20 Information Technology Index. 21BC.DE is actively managed, while QDVE.DE is passively managed. Over the past 3 years, 21BC.DE returned 26.95%/yr vs 27.67%/yr for QDVE.DE. At a 0.33 correlation, their price movements are largely independent. 21BC.DE charges 0.10%/yr vs 0.15%/yr for QDVE.DE.
Performance
21BC.DE vs. QDVE.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, 21BC.DE achieves a -26.18% return, which is significantly lower than QDVE.DE's 18.44% return.
21BC.DE
- 1D
- 0.00%
- 1M
- 0.34%
- 6M
- -31.01%
- YTD
- -26.18%
- 1Y
- -45.38%
- 3Y*
- 26.95%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 24.11%
QDVE.DE
- 1D
- 1.19%
- 1M
- -3.75%
- 6M
- 21.07%
- YTD
- 18.44%
- 1Y
- 31.62%
- 3Y*
- 27.67%
- 5Y*
- 21.41%
- 10Y*
- 24.60%
- ALL TIME*
- 22.72%
21BC.DE vs. QDVE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
21BC.DE 21Shares Bitcoin Core ETP | -26.18% | -16.55% | 130.13% | 150.78% | -33.26% |
QDVE.DE iShares S&P 500 Information Technology Sector UCITS ETF | 18.44% | 10.01% | 46.09% | 54.17% | -11.58% |
Correlation
The correlation between 21BC.DE and QDVE.DE is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.39 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.32 |
Correlation (All Time) Calculated using the full available price history since Jul 20, 2022 | 0.33 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
21BC.DE vs. QDVE.DE — Risk / Return Rank
21BC.DE
QDVE.DE
21BC.DE vs. QDVE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for 21Shares Bitcoin Core ETP (21BC.DE) and iShares S&P 500 Information Technology Sector UCITS ETF (QDVE.DE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| 21BC.DE | QDVE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.58 | ||
| Sortino ratioReturn per unit of downside risk | -3.74 | ||
| Omega ratioGain probability vs. loss probability | 0.82 | 1.25 | -0.43 |
| Calmar ratioReturn relative to maximum drawdown | -0.87 | 2.02 | -2.89 |
| Martin ratioReturn relative to average drawdown | -1.38 | 4.96 | -6.34 |
Loading charts...
Drawdowns
21BC.DE vs. QDVE.DE - Drawdown Comparison
The maximum 21BC.DE drawdown since its inception was -52.29%, which is greater than QDVE.DE's maximum drawdown of -31.40%. Use the drawdown chart below to compare losses from any high point for 21BC.DE and QDVE.DE.
Loading charts...
Drawdown Indicators
| 21BC.DE | QDVE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.29% | -31.40% | -20.89% |
Max Drawdown (1Y)Largest decline over 1 year | -52.29% | -15.60% | -36.69% |
Max Drawdown (3Y)Largest decline over 3 years | -52.29% | -29.81% | -22.48% |
Max Drawdown (5Y)Largest decline over 5 years | — | -29.81% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -31.40% | — |
Current DrawdownCurrent decline from peak | -48.36% | -7.45% | -40.91% |
Average DrawdownAverage peak-to-trough decline | -15.13% | -5.81% | -9.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 32.96% | 6.36% | +26.60% |
Volatility
21BC.DE vs. QDVE.DE - Volatility Comparison
21Shares Bitcoin Core ETP (21BC.DE) has a higher volatility of 10.32% compared to iShares S&P 500 Information Technology Sector UCITS ETF (QDVE.DE) at 7.13%. This indicates that 21BC.DE's price experiences larger fluctuations and is considered to be riskier than QDVE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| 21BC.DE | QDVE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.32% | 7.13% | +3.19% |
Volatility (6M)Calculated over the trailing 6-month period | 30.11% | 16.34% | +13.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.84% | 21.60% | +19.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 46.73% | 22.97% | +23.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 46.73% | 21.85% | +24.88% |
21BC.DE vs. QDVE.DE - Expense Ratio Comparison
21BC.DE has a 0.10% expense ratio, which is lower than QDVE.DE's 0.15% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
21BC.DE vs. QDVE.DE - Dividend Comparison
Neither 21BC.DE nor QDVE.DE has paid dividends to shareholders.
Frequently Asked Questions
21BC.DE and QDVE.DE have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, 21BC.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
21BC.DE is cheaper with a 0.10% expense ratio, compared with 0.15% for QDVE.DE.
21BC.DE is categorized as Cryptocurrency, while QDVE.DE is Technology Equities. They also come from different issuers: 21Shares and iShares. Their fees differ too: 0.10% for 21BC.DE and 0.15% for QDVE.DE.
Find the right allocation for 21BC.DE and QDVE.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer