ABEA.DE vs. QDVE.DE
Compare and contrast key facts about Alphabet Inc Class A (ABEA.DE) and iShares S&P 500 Information Technology Sector UCITS ETF (QDVE.DE).
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ABEA.DE or QDVE.DE.
Key characteristics
| ABEA.DE | QDVE.DE | |
|---|---|---|
| YTD Return | 21.36% | 15.18% |
| 1Y Return | 42.92% | 47.07% |
| 3Y Return (Ann) | 17.77% | 22.16% |
| 5Y Return (Ann) | 24.12% | 25.09% |
| Sharpe Ratio | 1.37 | 2.39 |
| Daily Std Dev | 28.62% | 18.39% |
| Max Drawdown | -60.31% | -31.45% |
| Current Drawdown | -4.13% | -1.30% |
Correlation
The correlation between ABEA.DE and QDVE.DE is 0.71, 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
ABEA.DE vs. QDVE.DE - Performance Comparison
In the year-to-date period, ABEA.DE achieves a 21.36% return, which is significantly higher than QDVE.DE's 15.18% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
ABEA.DE vs. QDVE.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Alphabet Inc Class A (ABEA.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
ABEA.DE vs. QDVE.DE - Dividend Comparison
Neither ABEA.DE nor QDVE.DE has paid dividends to shareholders.
Drawdowns
ABEA.DE vs. QDVE.DE - Drawdown Comparison
The maximum ABEA.DE drawdown since its inception was -60.31%, which is greater than QDVE.DE's maximum drawdown of -31.45%. Use the drawdown chart below to compare losses from any high point for ABEA.DE and QDVE.DE. For additional features, visit the drawdowns tool.
Volatility
ABEA.DE vs. QDVE.DE - Volatility Comparison
Alphabet Inc Class A (ABEA.DE) has a higher volatility of 11.34% compared to iShares S&P 500 Information Technology Sector UCITS ETF (QDVE.DE) at 6.90%. This indicates that ABEA.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.