84X0.DE vs. QDVE.DE
84X0.DE (iShares MSCI EM ex-China UCITS ETF USD Acc) and QDVE.DE (iShares S&P 500 Information Technology Sector UCITS ETF) are both exchange-traded funds - 84X0.DE is a Emerging Markets Equities fund tracking the MSCI Emerging Markets ex China Index (Net), 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 year, 84X0.DE returned 67.73% vs 48.25% for QDVE.DE. A 0.62 correlation means they provide meaningful diversification when combined. 84X0.DE charges 0.18%/yr vs 0.15%/yr for QDVE.DE.
Performance
84X0.DE vs. QDVE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, 84X0.DE achieves a 40.37% return, which is significantly higher than QDVE.DE's 24.06% return.
84X0.DE
- 1D
- -1.73%
- 1M
- 5.67%
- YTD
- 40.37%
- 6M
- 42.72%
- 1Y
- 67.73%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
QDVE.DE
- 1D
- -2.26%
- 1M
- 11.84%
- YTD
- 24.06%
- 6M
- 22.46%
- 1Y
- 48.25%
- 3Y*
- 30.81%
- 5Y*
- 25.33%
- 10Y*
- 26.04%
84X0.DE vs. QDVE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
84X0.DE iShares MSCI EM ex-China UCITS ETF USD Acc | 40.37% | 19.85% | 9.62% | 7.38% |
QDVE.DE iShares S&P 500 Information Technology Sector UCITS ETF | 24.06% | 9.99% | 46.12% | 8.96% |
Correlation
The correlation between 84X0.DE and QDVE.DE is 0.69, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.69 |
Correlation (All Time) Calculated using the full available price history since Nov 6, 2023 | 0.62 |
The correlation between 84X0.DE and QDVE.DE has been stable across timeframes, ranging from 0.62 to 0.69 - a consistent structural relationship.
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Return for Risk
84X0.DE vs. QDVE.DE — Risk / Return Rank
84X0.DE
QDVE.DE
84X0.DE vs. QDVE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI EM ex-China UCITS ETF USD Acc (84X0.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.
| 84X0.DE | QDVE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.12 | ||
| Sortino ratioReturn per unit of downside risk | +1.41 | ||
| Omega ratioGain probability vs. loss probability | 1.64 | 1.39 | +0.25 |
| Calmar ratioReturn relative to maximum drawdown | 5.88 | 3.14 | +2.73 |
| Martin ratioReturn relative to average drawdown | 21.92 | 8.31 | +13.61 |
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
| 84X0.DE | QDVE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.52 | 2.40 | +1.12 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 1.10 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 1.19 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.77 | 1.07 | +0.70 |
Drawdowns
84X0.DE vs. QDVE.DE - Drawdown Comparison
The maximum 84X0.DE drawdown since its inception was -19.72%, smaller than the maximum QDVE.DE drawdown of -31.45%. Use the drawdown chart below to compare losses from any high point for 84X0.DE and QDVE.DE.
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Drawdown Indicators
| 84X0.DE | QDVE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.72% | -31.45% | +11.73% |
Max Drawdown (1Y)Largest decline over 1 year | -11.66% | -15.59% | +3.93% |
Max Drawdown (3Y)Largest decline over 3 years | — | -29.83% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -29.83% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -31.45% | — |
Current DrawdownCurrent decline from peak | -2.49% | -3.08% | +0.59% |
Average DrawdownAverage peak-to-trough decline | -2.70% | -5.80% | +3.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.13% | 5.91% | -2.78% |
Volatility
84X0.DE vs. QDVE.DE - Volatility Comparison
iShares MSCI EM ex-China UCITS ETF USD Acc (84X0.DE) has a higher volatility of 8.41% compared to iShares S&P 500 Information Technology Sector UCITS ETF (QDVE.DE) at 7.12%. This indicates that 84X0.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.
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Volatility by Period
| 84X0.DE | QDVE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.41% | 7.12% | +1.29% |
Volatility (6M)Calculated over the trailing 6-month period | 16.93% | 14.85% | +2.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.46% | 20.42% | -0.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.11% | 22.71% | -5.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.11% | 21.73% | -4.62% |
84X0.DE vs. QDVE.DE - Expense Ratio Comparison
84X0.DE has a 0.18% 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%.
Dividends
84X0.DE vs. QDVE.DE - Dividend Comparison
Neither 84X0.DE nor QDVE.DE has paid dividends to shareholders.
Frequently Asked Questions
84X0.DE and QDVE.DE have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, QDVE.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
QDVE.DE is cheaper with a 0.15% expense ratio, compared with 0.18% for 84X0.DE.
84X0.DE is categorized as Emerging Markets Equities, while QDVE.DE is Technology Equities. 84X0.DE tracks MSCI Emerging Markets ex China Index (Net), while QDVE.DE tracks S&P 500 Capped 35/20 Information Technology Index. Their fees differ too: 0.18% for 84X0.DE and 0.15% for QDVE.DE.
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