EXHE.DE vs. QDVE.DE

Last updated Apr 3, 2026

Compare and contrast key facts about iShares Pfandbriefe UCITS ETF (DE) (EXHE.DE) and iShares S&P 500 Information Technology Sector UCITS ETF (QDVE.DE).

EXHE.DE and QDVE.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EXHE.DE is a passively managed fund by iShares that tracks the performance of the iBoxx® Pfandbriefe. It was launched on Dec 2, 2004. 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. Both EXHE.DE and QDVE.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

EXHE.DE vs. QDVE.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares Pfandbriefe UCITS ETF (DE) (EXHE.DE) and iShares S&P 500 Information Technology Sector UCITS ETF (QDVE.DE). The values are adjusted to include any dividend payments, if applicable.

EXHE.DE vs. QDVE.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EXHE.DE iShares Pfandbriefe UCITS ETF (DE)	-0.40%	2.34%	2.81%	5.29%	-13.04%	-2.32%	1.50%	2.46%	0.26%	0.10%
QDVE.DE iShares S&P 500 Information Technology Sector UCITS ETF	-7.30%	9.99%	46.12%	54.14%	-25.83%	46.77%	29.69%	53.86%	3.04%	21.00%

Returns By Period

In the year-to-date period, EXHE.DE achieves a -0.40% return, which is significantly higher than QDVE.DE's -7.30% return. Over the past 10 years, EXHE.DE has underperformed QDVE.DE with an annualized return of -0.22%, while QDVE.DE has yielded a comparatively higher 22.30% annualized return.

EXHE.DE

• 1D: 0.05%
• 1M: -1.33%
• YTD: -0.40%
• 6M: -0.19%
• 1Y: 1.45%
• 3Y*: 2.75%
• 5Y*: -1.13%
• 10Y*: -0.22%

QDVE.DE

• 1D: 0.35%
• 1M: -1.59%
• YTD: -7.30%
• 6M: -6.37%
• 1Y: 20.81%
• 3Y*: 24.28%
• 5Y*: 18.23%
• 10Y*: 22.30%

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

EXHE.DE vs. QDVE.DE - Expense Ratio Comparison

EXHE.DE has a 0.10% 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%.

QDVE.DE

iShares S&P 500 Information Technology Sector UCITS ETF

EXHE.DE

iShares Pfandbriefe UCITS ETF (DE)

Return for Risk

EXHE.DE vs. QDVE.DE — Risk / Return Rank

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

EXHE.DE

EXHE.DE Risk / Return Rank: 25
EXHE.DE Sharpe Ratio Rank: 31
EXHE.DE Sortino Ratio Rank: 27
EXHE.DE Omega Ratio Rank: 24
EXHE.DE Calmar Ratio Rank: 18
EXHE.DE Martin Ratio Rank: 22

QDVE.DE

QDVE.DE Risk / Return Rank: 47
QDVE.DE Sharpe Ratio Rank: 40
QDVE.DE Sortino Ratio Rank: 41
QDVE.DE Omega Ratio Rank: 38
QDVE.DE Calmar Ratio Rank: 66
QDVE.DE Martin Ratio Rank: 47

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.

EXHE.DE vs. QDVE.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Pfandbriefe UCITS ETF (DE) (EXHE.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.

	EXHE.DE	QDVE.DE	Difference
Sharpe ratio Return per unit of total volatility	0.62	0.83	-0.21
Sortino ratio Return per unit of downside risk	0.88	1.27	-0.38
Omega ratio Gain probability vs. loss probability	1.11	1.17	-0.06
Calmar ratio Return relative to maximum drawdown	0.47	1.96	-1.49
Martin ratio Return relative to average drawdown	1.99	5.33	-3.34
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EXHE.DE vs. QDVE.DE - Sharpe Ratio Comparison

The current EXHE.DE Sharpe Ratio is 0.62, which is comparable to the QDVE.DE Sharpe Ratio of 0.83. The chart below compares the historical Sharpe Ratios of EXHE.DE and QDVE.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

	EXHE.DE	QDVE.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.62	0.83	-0.21
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.29	0.80	-1.09
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.07	1.02	-1.09
Sharpe Ratio (All Time) Calculated using the full available price history	0.41	0.93	-0.52

Correlation

The correlation between EXHE.DE and QDVE.DE is -0.01. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Dividends

EXHE.DE vs. QDVE.DE - Dividend Comparison

EXHE.DE's dividend yield for the trailing twelve months is around 1.68%, while QDVE.DE has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EXHE.DE iShares Pfandbriefe UCITS ETF (DE)	1.68%	1.61%	1.34%	0.88%	0.38%	0.33%	0.39%	0.53%	0.61%	0.89%	1.14%	1.75%
QDVE.DE iShares S&P 500 Information Technology Sector 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%

Drawdowns

EXHE.DE vs. QDVE.DE - Drawdown Comparison

The maximum EXHE.DE drawdown since its inception was -16.57%, smaller than the maximum QDVE.DE drawdown of -31.45%. Use the drawdown chart below to compare losses from any high point for EXHE.DE and QDVE.DE.

Drawdown Indicators

	EXHE.DE	QDVE.DE	Difference
Max Drawdown Largest peak-to-trough decline	-16.57%	-31.45%	+14.88%
Max Drawdown (1Y) Largest decline over 1 year	-2.25%	-15.59%	+13.34%
Max Drawdown (5Y) Largest decline over 5 years	-15.41%	-29.83%	+14.42%
Max Drawdown (10Y) Largest decline over 10 years	-16.57%	-31.45%	+14.88%
Current Drawdown Current decline from peak	-7.23%	-12.60%	+5.37%
Average Drawdown Average peak-to-trough decline	-3.34%	-5.86%	+2.52%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.53%	5.74%	-5.21%

Volatility

EXHE.DE vs. QDVE.DE - Volatility Comparison

The current volatility for iShares Pfandbriefe UCITS ETF (DE) (EXHE.DE) is 1.07%, while iShares S&P 500 Information Technology Sector UCITS ETF (QDVE.DE) has a volatility of 5.32%. This indicates that EXHE.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.

Volatility by Period

	EXHE.DE	QDVE.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.07%	5.32%	-4.25%
Volatility (6M) Calculated over the trailing 6-month period	1.61%	15.20%	-13.59%
Volatility (1Y) Calculated over the trailing 1-year period	2.31%	24.97%	-22.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.84%	22.51%	-18.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.14%	21.65%	-18.51%