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.
Key characteristics
| ADB.DE | QDVE.DE | |
|---|---|---|
| YTD Return | -10.84% | 26.25% |
| 1Y Return | -7.30% | 36.43% |
| 3Y Return (Ann) | -4.17% | 18.78% |
| 5Y Return (Ann) | 13.57% | 25.03% |
| Sharpe Ratio | -0.12 | 1.93 |
| Daily Std Dev | 34.95% | 20.32% |
| Max Drawdown | -53.87% | -31.45% |
| Current Drawdown | -22.10% | -8.45% |
Correlation
The correlation between ADB.DE and QDVE.DE is 0.73, 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
ADB.DE vs. QDVE.DE - Performance Comparison
In the year-to-date period, ADB.DE achieves a -10.84% return, which is significantly lower than QDVE.DE's 26.25% 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
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 10.28% compared to iShares S&P 500 Information Technology Sector UCITS ETF (QDVE.DE) at 7.18%. 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.