4GLD.DE vs. QDVE.DE
4GLD.DE (Xetra-Gold) and QDVE.DE (iShares S&P 500 Information Technology Sector UCITS ETF) are both exchange-traded funds - 4GLD.DE is a Gold fund tracking the LBMA Gold Price, while QDVE.DE is a Technology Equities fund tracking the S&P 500 Capped 35/20 Information Technology Index. Both are passively managed. Over the past 10 years, 4GLD.DE returned 12.76%/yr vs 25.62%/yr for QDVE.DE. At a correlation of -0.01, they often move in opposite directions. 4GLD.DE charges 0.00%/yr vs 0.15%/yr for QDVE.DE.
Performance
4GLD.DE vs. QDVE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, 4GLD.DE achieves a -0.02% return, which is significantly lower than QDVE.DE's 20.32% return. Over the past 10 years, 4GLD.DE has underperformed QDVE.DE with an annualized return of 12.76%, while QDVE.DE has yielded a comparatively higher 25.62% annualized return.
4GLD.DE
- 1D
- -0.35%
- 1M
- -6.50%
- YTD
- -0.02%
- 6M
- 3.79%
- 1Y
- 27.88%
- 3Y*
- 27.05%
- 5Y*
- 19.19%
- 10Y*
- 12.76%
QDVE.DE
- 1D
- -0.36%
- 1M
- 5.68%
- YTD
- 20.32%
- 6M
- 17.73%
- 1Y
- 43.94%
- 3Y*
- 29.97%
- 5Y*
- 24.38%
- 10Y*
- 25.62%
4GLD.DE vs. QDVE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
4GLD.DE Xetra-Gold | -0.02% | 49.32% | 34.57% | 9.33% | 7.12% | 4.03% | 13.03% | 21.27% | 3.19% | -1.67% |
QDVE.DE iShares S&P 500 Information Technology Sector UCITS ETF | 20.32% | 10.01% | 46.09% | 54.17% | -25.82% | 46.74% | 29.67% | 53.89% | 3.09% | 20.90% |
Correlation
The correlation between 4GLD.DE and QDVE.DE is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.05 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.00 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.00 |
Correlation (All Time) Calculated using the full available price history since Dec 2, 2015 | -0.01 |
The correlation between 4GLD.DE and QDVE.DE shifts across timeframes, from -0.01 (all time) to 0.11 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
4GLD.DE vs. QDVE.DE — Risk / Return Rank
4GLD.DE
QDVE.DE
4GLD.DE vs. QDVE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xetra-Gold (4GLD.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.
| 4GLD.DE | QDVE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.91 | ||
| Sortino ratioReturn per unit of downside risk | -1.14 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.35 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 1.63 | 2.78 | -1.15 |
| Martin ratioReturn relative to average drawdown | 4.17 | 7.33 | -3.15 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| 4GLD.DE | QDVE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.22 | 2.13 | -0.91 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.19 | 1.06 | +0.13 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.88 | 1.17 | -0.29 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.67 | 1.05 | -0.38 |
Drawdowns
4GLD.DE vs. QDVE.DE - Drawdown Comparison
The maximum 4GLD.DE drawdown since its inception was -36.79%, 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 4GLD.DE and QDVE.DE.
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Drawdown Indicators
| 4GLD.DE | QDVE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.79% | -31.40% | -5.39% |
Max Drawdown (1Y)Largest decline over 1 year | -17.28% | -15.60% | -1.68% |
Max Drawdown (3Y)Largest decline over 3 years | -17.28% | -29.81% | +12.53% |
Max Drawdown (5Y)Largest decline over 5 years | -17.28% | -29.81% | +12.53% |
Max Drawdown (10Y)Largest decline over 10 years | -18.23% | -31.40% | +13.17% |
Current DrawdownCurrent decline from peak | -17.28% | -5.99% | -11.29% |
Average DrawdownAverage peak-to-trough decline | -12.02% | -5.80% | -6.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.78% | 5.93% | +0.85% |
Volatility
4GLD.DE vs. QDVE.DE - Volatility Comparison
The current volatility for Xetra-Gold (4GLD.DE) is 5.23%, while iShares S&P 500 Information Technology Sector UCITS ETF (QDVE.DE) has a volatility of 7.55%. This indicates that 4GLD.DE experiences smaller price fluctuations and is considered to be less risky than QDVE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| 4GLD.DE | QDVE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.23% | 7.55% | -2.32% |
Volatility (6M)Calculated over the trailing 6-month period | 20.23% | 14.80% | +5.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.20% | 20.39% | +2.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.15% | 22.71% | -6.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.49% | 21.72% | -7.23% |
4GLD.DE vs. QDVE.DE - Expense Ratio Comparison
4GLD.DE has a 0.00% 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
4GLD.DE vs. QDVE.DE - Dividend Comparison
Neither 4GLD.DE nor QDVE.DE has paid dividends to shareholders.
Frequently Asked Questions
4GLD.DE and QDVE.DE have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, 4GLD.DE is cheaper at 0.00% per year. The better choice depends on whether you care most about return, fees, risk, or income.
4GLD.DE is cheaper with a 0.00% expense ratio, compared with 0.15% for QDVE.DE.
4GLD.DE is categorized as Gold, while QDVE.DE is Technology Equities. 4GLD.DE tracks LBMA Gold Price, while QDVE.DE tracks S&P 500 Capped 35/20 Information Technology Index. They also come from different issuers: Deutsche Börse Commodities and iShares. Their fees differ too: 0.00% for 4GLD.DE and 0.15% for QDVE.DE.
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