EUDV vs. IDHQ
EUDV (ProShares MSCI Europe Dividend Growers ETF) and IDHQ (Invesco S&P International Developed High Quality ETF) are both exchange-traded funds - EUDV is a Europe Equities fund tracking the MSCI Europe Dividend Masters Index, while IDHQ is a Foreign Large Cap Equities fund tracking the IDHQ-US - S&P Quality Developed Ex-U.S. LargeMidCap Index. Both are passively managed. Over the past 10 years, EUDV returned 5.53%/yr vs 11.04%/yr for IDHQ. A 0.74 correlation means they provide meaningful diversification when combined. EUDV charges 0.55%/yr vs 0.29%/yr for IDHQ.
Performance
EUDV vs. IDHQ - Performance Comparison
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Returns By Period
In the year-to-date period, EUDV achieves a 0.21% return, which is significantly lower than IDHQ's 23.16% return. Over the past 10 years, EUDV has underperformed IDHQ with an annualized return of 5.53%, while IDHQ has yielded a comparatively higher 11.04% annualized return.
EUDV
- 1D
- -0.40%
- 1M
- -2.70%
- YTD
- 0.21%
- 6M
- 0.08%
- 1Y
- -1.24%
- 3Y*
- 7.37%
- 5Y*
- 1.81%
- 10Y*
- 5.53%
IDHQ
- 1D
- -3.06%
- 1M
- 6.76%
- YTD
- 23.16%
- 6M
- 22.77%
- 1Y
- 36.24%
- 3Y*
- 20.04%
- 5Y*
- 9.28%
- 10Y*
- 11.04%
EUDV vs. IDHQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EUDV ProShares MSCI Europe Dividend Growers ETF | 0.21% | 14.05% | 0.03% | 20.41% | -24.87% | 19.56% | 5.81% | 25.89% | -11.12% | 21.57% |
IDHQ Invesco S&P International Developed High Quality ETF | 23.16% | 27.46% | 1.33% | 18.80% | -20.23% | 11.38% | 16.09% | 29.58% | -13.38% | 28.16% |
Correlation
The correlation between EUDV and IDHQ is 0.79, 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 | 0.79 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.82 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.85 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.77 |
Correlation (All Time) Calculated using the full available price history since Sep 11, 2015 | 0.74 |
The correlation between EUDV and IDHQ shifts across timeframes, from 0.74 (all time) to 0.85 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
EUDV vs. IDHQ — Risk / Return Rank
EUDV
IDHQ
EUDV vs. IDHQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares MSCI Europe Dividend Growers ETF (EUDV) and Invesco S&P International Developed High Quality ETF (IDHQ). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| EUDV | IDHQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.86 | ||
| Sortino ratioReturn per unit of downside risk | -2.55 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.33 | -0.33 |
| Calmar ratioReturn relative to maximum drawdown | -0.12 | 2.71 | -2.83 |
| Martin ratioReturn relative to average drawdown | -0.31 | 10.71 | -11.03 |
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Drawdowns
EUDV vs. IDHQ - Drawdown Comparison
The maximum EUDV drawdown since its inception was -37.51%, smaller than the maximum IDHQ drawdown of -73.84%. Use the drawdown chart below to compare losses from any high point for EUDV and IDHQ.
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Drawdown Indicators
| EUDV | IDHQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.51% | -73.84% | +36.33% |
Max Drawdown (1Y)Largest decline over 1 year | -10.63% | -13.44% | +2.81% |
Max Drawdown (3Y)Largest decline over 3 years | -13.69% | -14.07% | +0.38% |
Max Drawdown (5Y)Largest decline over 5 years | -37.51% | -33.54% | -3.97% |
Max Drawdown (10Y)Largest decline over 10 years | -37.51% | -33.54% | -3.97% |
Current DrawdownCurrent decline from peak | -5.62% | -3.06% | -2.56% |
Average DrawdownAverage peak-to-trough decline | -8.58% | -21.14% | +12.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.97% | 3.39% | +0.58% |
Volatility
EUDV vs. IDHQ - Volatility Comparison
The current volatility for ProShares MSCI Europe Dividend Growers ETF (EUDV) is 3.91%, while Invesco S&P International Developed High Quality ETF (IDHQ) has a volatility of 10.09%. This indicates that EUDV experiences smaller price fluctuations and is considered to be less risky than IDHQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EUDV | IDHQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.91% | 10.09% | -6.18% |
Volatility (6M)Calculated over the trailing 6-month period | 11.49% | 18.76% | -7.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.19% | 20.63% | -6.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.18% | 17.85% | -1.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.17% | 17.99% | -0.82% |
EUDV vs. IDHQ - Expense Ratio Comparison
EUDV has a 0.55% expense ratio, which is higher than IDHQ's 0.29% expense ratio.
Dividends
EUDV vs. IDHQ - Dividend Comparison
EUDV's dividend yield for the trailing twelve months is around 1.73%, less than IDHQ's 2.06% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EUDV ProShares MSCI Europe Dividend Growers ETF | 1.73% | 1.74% | 1.92% | 1.87% | 1.77% | 2.30% | 1.27% | 2.20% | 2.22% | 2.33% | 2.53% | 0.37% |
IDHQ Invesco S&P International Developed High Quality ETF | 2.06% | 2.46% | 2.41% | 2.52% | 3.33% | 2.10% | 1.60% | 2.10% | 2.67% | 1.68% | 2.36% | 1.71% |
Frequently Asked Questions
EUDV and IDHQ have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IDHQ has higher volatility (10.09%) compared to EUDV (3.91%). In terms of maximum drawdown, EUDV dropped -37.51% vs IDHQ's -73.84%.
On 10-year performance, IDHQ leads with 11.04% vs 5.53% for EUDV. On fees, IDHQ is cheaper at 0.29% per year. On volatility, EUDV has been the lower-risk option at 3.91%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, IDHQ has performed better with a 11.04% return vs 5.53%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IDHQ is cheaper with a 0.29% expense ratio, compared with 0.55% for EUDV.
IDHQ has the higher dividend yield at 2.06%, compared with 1.73% for EUDV.
EUDV is categorized as Europe Equities, while IDHQ is Foreign Large Cap Equities. EUDV tracks MSCI Europe Dividend Masters Index, while IDHQ tracks IDHQ-US - S&P Quality Developed Ex-U.S. LargeMidCap Index. They also come from different issuers: ProShares and Invesco. Their fees differ too: 0.55% for EUDV and 0.29% for IDHQ.
IDHQ currently has the higher Sharpe Ratio (1.77 vs -0.09), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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