E500.DE vs. QDVE.DE
E500.DE (Invesco S&P 500 UCITS ETF (EUR Hdg)) and QDVE.DE (iShares S&P 500 Information Technology Sector UCITS ETF) are both exchange-traded funds - E500.DE is a S&P 500 fund tracking the S&P 500 Index, 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 10 years, E500.DE returned 12.71%/yr vs 26.04%/yr for QDVE.DE. A 0.76 correlation means they provide meaningful diversification when combined. E500.DE charges 0.05%/yr vs 0.15%/yr for QDVE.DE.
Performance
E500.DE vs. QDVE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, E500.DE achieves a 8.91% return, which is significantly lower than QDVE.DE's 24.06% return. Over the past 10 years, E500.DE has underperformed QDVE.DE with an annualized return of 12.71%, while QDVE.DE has yielded a comparatively higher 26.04% annualized return.
E500.DE
- 1D
- 0.01%
- 1M
- 3.11%
- YTD
- 8.91%
- 6M
- 9.39%
- 1Y
- 24.19%
- 3Y*
- 19.53%
- 5Y*
- 11.18%
- 10Y*
- 12.71%
QDVE.DE
- 1D
- -2.26%
- 1M
- 13.91%
- YTD
- 24.06%
- 6M
- 23.05%
- 1Y
- 49.27%
- 3Y*
- 30.81%
- 5Y*
- 25.33%
- 10Y*
- 26.04%
E500.DE vs. QDVE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
E500.DE Invesco S&P 500 UCITS ETF (EUR Hdg) | 8.91% | 15.32% | 22.74% | 23.33% | -21.41% | 28.61% | 16.03% | 27.42% | -8.60% | 18.82% |
QDVE.DE iShares S&P 500 Information Technology Sector UCITS ETF | 24.06% | 9.99% | 46.12% | 54.14% | -25.83% | 46.77% | 29.69% | 53.86% | 3.04% | 21.00% |
Correlation
The correlation between E500.DE and QDVE.DE is 0.75, 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 | 0.75 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.75 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.79 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.77 |
Correlation (All Time) Calculated using the full available price history since Dec 3, 2015 | 0.76 |
The correlation between E500.DE and QDVE.DE has been stable across timeframes, ranging from 0.75 to 0.79 - a consistent structural relationship.
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Return for Risk
E500.DE vs. QDVE.DE — Risk / Return Rank
E500.DE
QDVE.DE
E500.DE vs. QDVE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 UCITS ETF (EUR Hdg) (E500.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.
| E500.DE | QDVE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.32 | ||
| Sortino ratioReturn per unit of downside risk | -0.06 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.39 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.80 | 3.14 | -0.34 |
| Martin ratioReturn relative to average drawdown | 11.96 | 8.31 | +3.65 |
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
| E500.DE | QDVE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.08 | 2.40 | -0.32 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.69 | 1.10 | -0.41 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.78 | 1.19 | -0.41 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.73 | 1.07 | -0.34 |
Drawdowns
E500.DE vs. QDVE.DE - Drawdown Comparison
The maximum E500.DE drawdown since its inception was -34.20%, 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 E500.DE and QDVE.DE.
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Drawdown Indicators
| E500.DE | QDVE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.20% | -31.45% | -2.75% |
Max Drawdown (1Y)Largest decline over 1 year | -8.73% | -15.59% | +6.86% |
Max Drawdown (3Y)Largest decline over 3 years | -18.50% | -29.83% | +11.33% |
Max Drawdown (5Y)Largest decline over 5 years | -25.83% | -29.83% | +4.00% |
Max Drawdown (10Y)Largest decline over 10 years | -34.20% | -31.45% | -2.75% |
Current DrawdownCurrent decline from peak | -0.59% | -3.08% | +2.49% |
Average DrawdownAverage peak-to-trough decline | -4.97% | -5.80% | +0.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.05% | 5.91% | -3.86% |
Volatility
E500.DE vs. QDVE.DE - Volatility Comparison
The current volatility for Invesco S&P 500 UCITS ETF (EUR Hdg) (E500.DE) is 3.11%, while iShares S&P 500 Information Technology Sector UCITS ETF (QDVE.DE) has a volatility of 7.12%. This indicates that E500.DE experiences smaller price fluctuations and is considered to be less risky 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
| E500.DE | QDVE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.11% | 7.12% | -4.01% |
Volatility (6M)Calculated over the trailing 6-month period | 8.64% | 14.85% | -6.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.77% | 20.42% | -8.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.99% | 22.71% | -6.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.61% | 21.73% | -5.12% |
E500.DE vs. QDVE.DE - Expense Ratio Comparison
E500.DE has a 0.05% expense ratio, which is lower than QDVE.DE's 0.15% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
E500.DE vs. QDVE.DE - Dividend Comparison
Neither E500.DE nor QDVE.DE has paid dividends to shareholders.
Frequently Asked Questions
E500.DE and QDVE.DE have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, E500.DE is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
E500.DE is cheaper with a 0.05% expense ratio, compared with 0.15% for QDVE.DE.
E500.DE is categorized as S&P 500, while QDVE.DE is Technology Equities. E500.DE tracks S&P 500 Index, while QDVE.DE tracks S&P 500 Capped 35/20 Information Technology Index. They also come from different issuers: Invesco and iShares. Their fees differ too: 0.05% for E500.DE and 0.15% for QDVE.DE.
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