6AQQ.DE vs. QDVE.DE
Compare and contrast key facts about Amundi Nasdaq 100 UCITS ETF EUR (6AQQ.DE) and iShares S&P 500 Information Technology Sector UCITS ETF (QDVE.DE).
6AQQ.DE and QDVE.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 6AQQ.DE is a passively managed fund by Amundi that tracks the performance of the Nasdaq 100®. It was launched on Apr 18, 2018. QDVE.DE is a passively managed fund by iShares that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on Nov 20, 2015. Both 6AQQ.DE and QDVE.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: 6AQQ.DE or QDVE.DE.
Correlation
The correlation between 6AQQ.DE and QDVE.DE is 0.92, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
6AQQ.DE vs. QDVE.DE - Performance Comparison
Key characteristics
6AQQ.DE:
2.10
QDVE.DE:
2.33
6AQQ.DE:
2.76
QDVE.DE:
2.97
6AQQ.DE:
1.39
QDVE.DE:
1.40
6AQQ.DE:
2.66
QDVE.DE:
3.13
6AQQ.DE:
8.84
QDVE.DE:
10.01
6AQQ.DE:
4.05%
QDVE.DE:
4.89%
6AQQ.DE:
16.93%
QDVE.DE:
20.85%
6AQQ.DE:
-31.19%
QDVE.DE:
-31.45%
6AQQ.DE:
-2.28%
QDVE.DE:
0.00%
Returns By Period
In the year-to-date period, 6AQQ.DE achieves a 34.99% return, which is significantly lower than QDVE.DE's 48.69% return.
6AQQ.DE
34.99%
5.46%
10.72%
34.46%
21.66%
20.48%
QDVE.DE
48.69%
6.77%
8.68%
48.39%
26.18%
N/A
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6AQQ.DE vs. QDVE.DE - Expense Ratio Comparison
6AQQ.DE has a 0.23% expense ratio, which is higher than QDVE.DE's 0.15% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
6AQQ.DE vs. QDVE.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi Nasdaq 100 UCITS ETF EUR (6AQQ.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.
Dividends
6AQQ.DE vs. QDVE.DE - Dividend Comparison
Neither 6AQQ.DE nor QDVE.DE has paid dividends to shareholders.
Drawdowns
6AQQ.DE vs. QDVE.DE - Drawdown Comparison
The maximum 6AQQ.DE drawdown since its inception was -31.19%, roughly equal to the maximum QDVE.DE drawdown of -31.45%. Use the drawdown chart below to compare losses from any high point for 6AQQ.DE and QDVE.DE. For additional features, visit the drawdowns tool.
Volatility
6AQQ.DE vs. QDVE.DE - Volatility Comparison
Amundi Nasdaq 100 UCITS ETF EUR (6AQQ.DE) has a higher volatility of 4.05% compared to iShares S&P 500 Information Technology Sector UCITS ETF (QDVE.DE) at 3.65%. This indicates that 6AQQ.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.