ADB.DE vs. QDVE.DE
Compare and contrast key facts about Adobe Inc (ADB.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: ADB.DE or QDVE.DE.
Performance
ADB.DE vs. QDVE.DE - Performance Comparison
Returns By Period
In the year-to-date period, ADB.DE achieves a -12.30% return, which is significantly lower than QDVE.DE's 39.26% return.
ADB.DE
-12.30%
3.13%
6.43%
-14.61%
11.63%
N/A
QDVE.DE
39.26%
2.18%
17.40%
44.19%
25.59%
N/A
Key characteristics
| ADB.DE | QDVE.DE | |
|---|---|---|
| Sharpe Ratio | -0.50 | 2.03 |
| Sortino Ratio | -0.50 | 2.66 |
| Omega Ratio | 0.93 | 1.35 |
| Calmar Ratio | -0.50 | 2.71 |
| Martin Ratio | -1.00 | 8.64 |
| Ulcer Index | 17.37% | 4.90% |
| Daily Std Dev | 34.79% | 20.74% |
| Max Drawdown | -53.87% | -31.45% |
| Current Drawdown | -23.37% | -2.09% |
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Correlation
The correlation between ADB.DE and QDVE.DE is 0.72, 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.
Risk-Adjusted Performance
ADB.DE vs. QDVE.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Adobe Inc (ADB.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
ADB.DE vs. QDVE.DE - Dividend Comparison
Neither ADB.DE nor QDVE.DE has paid dividends to shareholders.
Drawdowns
ADB.DE vs. QDVE.DE - Drawdown Comparison
The maximum ADB.DE drawdown since its inception was -53.87%, 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 ADB.DE and QDVE.DE. For additional features, visit the drawdowns tool.
Volatility
ADB.DE vs. QDVE.DE - Volatility Comparison
Adobe Inc (ADB.DE) has a higher volatility of 8.70% compared to iShares S&P 500 Information Technology Sector UCITS ETF (QDVE.DE) at 5.65%. This indicates that ADB.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.