DBX4.DE vs. QDVD.DE

Last updated Apr 2, 2026

Compare and contrast key facts about Xtrackers MSCI EM Europe Middle East & Africa Swap UCITS ETF (DBX4.DE) and iShares MSCI USA Quality Dividend Advanced UCITS ETF (QDVD.DE).

DBX4.DE and QDVD.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DBX4.DE is a passively managed fund by Xtrackers that tracks the performance of the MSCI EM EMEA Low Carbon SRI Selection Capped Index. It was launched on Jun 19, 2007. QDVD.DE is a passively managed fund by iShares that tracks the performance of the MSCI USA High Dividend Yield ESG Reduced Carbon Target Select Index. It was launched on May 22, 2025. Both DBX4.DE and QDVD.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.

Performance

DBX4.DE vs. QDVD.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Xtrackers MSCI EM Europe Middle East & Africa Swap UCITS ETF (DBX4.DE) and iShares MSCI USA Quality Dividend Advanced UCITS ETF (QDVD.DE). The values are adjusted to include any dividend payments, if applicable.

DBX4.DE vs. QDVD.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DBX4.DE Xtrackers MSCI EM Europe Middle East & Africa Swap UCITS ETF	-0.93%	26.97%	16.81%	0.20%	1.24%	17.99%	-15.66%	17.52%	-12.44%	8.88%
QDVD.DE iShares MSCI USA Quality Dividend Advanced UCITS ETF	0.97%	4.42%	22.09%	10.74%	-1.07%	33.03%	-8.85%	25.57%	0.85%	4.48%

Returns By Period

In the year-to-date period, DBX4.DE achieves a -0.93% return, which is significantly lower than QDVD.DE's 0.97% return. Over the past 10 years, DBX4.DE has underperformed QDVD.DE with an annualized return of 6.66%, while QDVD.DE has yielded a comparatively higher 10.45% annualized return.

DBX4.DE

• 1D: 2.31%
• 1M: -7.60%
• YTD: -0.93%
• 6M: 7.77%
• 1Y: 20.75%
• 3Y*: 16.49%
• 5Y*: 9.05%
• 10Y*: 6.66%

QDVD.DE

• 1D: 1.37%
• 1M: -3.44%
• YTD: 0.97%
• 6M: 3.63%
• 1Y: 10.07%
• 3Y*: 12.43%
• 5Y*: 10.63%
• 10Y*: 10.45%

*Multi-year figures are annualized to reflect compound growth (CAGR)

DBX4.DE vs. QDVD.DE - Expense Ratio Comparison

DBX4.DE has a 0.65% expense ratio, which is higher than QDVD.DE's 0.35% expense ratio.

DBX4.DE

Xtrackers MSCI EM Europe Middle East & Africa Swap UCITS ETF

QDVD.DE

iShares MSCI USA Quality Dividend Advanced UCITS ETF

Return for Risk

DBX4.DE vs. QDVD.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DBX4.DE

DBX4.DE Risk / Return Rank: 52
DBX4.DE Sharpe Ratio Rank: 53
DBX4.DE Sortino Ratio Rank: 51
DBX4.DE Omega Ratio Rank: 49
DBX4.DE Calmar Ratio Rank: 55
DBX4.DE Martin Ratio Rank: 55

QDVD.DE

QDVD.DE Risk / Return Rank: 35
QDVD.DE Sharpe Ratio Rank: 31
QDVD.DE Sortino Ratio Rank: 29
QDVD.DE Omega Ratio Rank: 31
QDVD.DE Calmar Ratio Rank: 39
QDVD.DE Martin Ratio Rank: 48

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DBX4.DE vs. QDVD.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI EM Europe Middle East & Africa Swap UCITS ETF (DBX4.DE) and iShares MSCI USA Quality Dividend Advanced UCITS ETF (QDVD.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.

	DBX4.DE	QDVD.DE	Difference
Sharpe ratio Return per unit of total volatility	1.01	0.63	+0.38
Sortino ratio Return per unit of downside risk	1.43	0.93	+0.51
Omega ratio Gain probability vs. loss probability	1.20	1.14	+0.06
Calmar ratio Return relative to maximum drawdown	1.58	1.15	+0.43
Martin ratio Return relative to average drawdown	6.08	5.10	+0.98
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DBX4.DE vs. QDVD.DE - Sharpe Ratio Comparison

The current DBX4.DE Sharpe Ratio is 1.01, which is higher than the QDVD.DE Sharpe Ratio of 0.63. The chart below compares the historical Sharpe Ratios of DBX4.DE and QDVD.DE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	DBX4.DE	QDVD.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.01	0.63	+0.38
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.55	0.76	-0.21
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.36	0.70	-0.34
Sharpe Ratio (All Time) Calculated using the full available price history	0.10	0.76	-0.66

Correlation

The correlation between DBX4.DE and QDVD.DE is 0.43, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

DBX4.DE vs. QDVD.DE - Dividend Comparison

DBX4.DE has not paid dividends to shareholders, while QDVD.DE's dividend yield for the trailing twelve months is around 2.52%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DBX4.DE Xtrackers MSCI EM Europe Middle East & Africa Swap UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
QDVD.DE iShares MSCI USA Quality Dividend Advanced UCITS ETF	2.52%	1.96%	2.02%	2.21%	2.43%	2.34%	3.07%	2.63%	2.80%	2.58%	2.44%	2.67%

Drawdowns

DBX4.DE vs. QDVD.DE - Drawdown Comparison

The maximum DBX4.DE drawdown since its inception was -60.48%, which is greater than QDVD.DE's maximum drawdown of -32.58%. Use the drawdown chart below to compare losses from any high point for DBX4.DE and QDVD.DE.

Drawdown Indicators

	DBX4.DE	QDVD.DE	Difference
Max Drawdown Largest peak-to-trough decline	-60.48%	-32.58%	-27.90%
Max Drawdown (1Y) Largest decline over 1 year	-14.73%	-13.74%	-0.99%
Max Drawdown (5Y) Largest decline over 5 years	-22.70%	-21.55%	-1.15%
Max Drawdown (10Y) Largest decline over 10 years	-40.52%	-32.58%	-7.94%
Current Drawdown Current decline from peak	-10.62%	-3.54%	-7.08%
Average Drawdown Average peak-to-trough decline	-16.09%	-4.69%	-11.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.83%	2.02%	+1.81%

Volatility

DBX4.DE vs. QDVD.DE - Volatility Comparison

Xtrackers MSCI EM Europe Middle East & Africa Swap UCITS ETF (DBX4.DE) has a higher volatility of 9.60% compared to iShares MSCI USA Quality Dividend Advanced UCITS ETF (QDVD.DE) at 3.31%. This indicates that DBX4.DE's price experiences larger fluctuations and is considered to be riskier than QDVD.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DBX4.DE	QDVD.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.60%	3.31%	+6.29%
Volatility (6M) Calculated over the trailing 6-month period	14.83%	7.32%	+7.51%
Volatility (1Y) Calculated over the trailing 1-year period	20.54%	16.04%	+4.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.64%	13.81%	+2.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.82%	14.83%	+5.99%