EXS3.DE vs. QDVE.DE
EXS3.DE (iShares MDAX UCITS ETF (DE)) and QDVE.DE (iShares S&P 500 Information Technology Sector UCITS ETF) are both exchange-traded funds - EXS3.DE is a Europe Equities fund tracking the MDAX®, 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, EXS3.DE returned 4.04%/yr vs 26.04%/yr for QDVE.DE. A 0.58 correlation means they provide meaningful diversification when combined. EXS3.DE charges 0.51%/yr vs 0.15%/yr for QDVE.DE.
Performance
EXS3.DE vs. QDVE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, EXS3.DE achieves a 6.43% return, which is significantly lower than QDVE.DE's 24.06% return. Over the past 10 years, EXS3.DE has underperformed QDVE.DE with an annualized return of 4.04%, while QDVE.DE has yielded a comparatively higher 26.04% annualized return.
EXS3.DE
- 1D
- 0.21%
- 1M
- 5.13%
- YTD
- 6.43%
- 6M
- 10.24%
- 1Y
- 4.92%
- 3Y*
- 6.03%
- 5Y*
- -1.18%
- 10Y*
- 4.04%
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%
EXS3.DE vs. QDVE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EXS3.DE iShares MDAX UCITS ETF (DE) | 6.43% | 19.10% | -6.45% | 7.92% | -29.11% | 13.18% | 8.17% | 30.28% | -18.39% | 17.41% |
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 EXS3.DE and QDVE.DE is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.46 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.40 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.51 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.57 |
Correlation (All Time) Calculated using the full available price history since Dec 3, 2015 | 0.58 |
The correlation between EXS3.DE and QDVE.DE shifts across timeframes, from 0.40 (3 years) to 0.58 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
EXS3.DE vs. QDVE.DE — Risk / Return Rank
EXS3.DE
QDVE.DE
EXS3.DE vs. QDVE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MDAX UCITS ETF (DE) (EXS3.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.
| EXS3.DE | QDVE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.14 | ||
| Sortino ratioReturn per unit of downside risk | -2.59 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.39 | -0.33 |
| Calmar ratioReturn relative to maximum drawdown | 0.34 | 3.14 | -2.81 |
| Martin ratioReturn relative to average drawdown | 0.91 | 8.31 | -7.40 |
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
| EXS3.DE | QDVE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.26 | 2.40 | -2.14 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.06 | 1.10 | -1.16 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.22 | 1.19 | -0.97 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.36 | 1.07 | -0.71 |
Drawdowns
EXS3.DE vs. QDVE.DE - Drawdown Comparison
The maximum EXS3.DE drawdown since its inception was -63.82%, 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 EXS3.DE and QDVE.DE.
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Drawdown Indicators
| EXS3.DE | QDVE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.82% | -31.45% | -32.37% |
Max Drawdown (1Y)Largest decline over 1 year | -14.57% | -15.59% | +1.02% |
Max Drawdown (3Y)Largest decline over 3 years | -18.67% | -29.83% | +11.16% |
Max Drawdown (5Y)Largest decline over 5 years | -40.31% | -29.83% | -10.48% |
Max Drawdown (10Y)Largest decline over 10 years | -40.31% | -31.45% | -8.86% |
Current DrawdownCurrent decline from peak | -12.23% | -3.08% | -9.15% |
Average DrawdownAverage peak-to-trough decline | -14.02% | -5.80% | -8.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.35% | 5.91% | -0.56% |
Volatility
EXS3.DE vs. QDVE.DE - Volatility Comparison
The current volatility for iShares MDAX UCITS ETF (DE) (EXS3.DE) is 4.94%, while iShares S&P 500 Information Technology Sector UCITS ETF (QDVE.DE) has a volatility of 7.12%. This indicates that EXS3.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
| EXS3.DE | QDVE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.94% | 7.12% | -2.18% |
Volatility (6M)Calculated over the trailing 6-month period | 15.18% | 14.85% | +0.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.54% | 20.42% | -1.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.35% | 22.71% | -3.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.37% | 21.73% | -3.36% |
EXS3.DE vs. QDVE.DE - Expense Ratio Comparison
EXS3.DE has a 0.51% expense ratio, which is higher than QDVE.DE's 0.15% expense ratio.
Dividends
EXS3.DE vs. QDVE.DE - Dividend Comparison
Neither EXS3.DE nor QDVE.DE has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EXS3.DE iShares MDAX UCITS ETF (DE) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.41% | 0.49% | 0.53% | 0.49% |
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% |
Frequently Asked Questions
EXS3.DE and QDVE.DE have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, QDVE.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
QDVE.DE is cheaper with a 0.15% expense ratio, compared with 0.51% for EXS3.DE.
EXS3.DE is categorized as Europe Equities, while QDVE.DE is Technology Equities. EXS3.DE tracks MDAX®, while QDVE.DE tracks S&P 500 Capped 35/20 Information Technology Index. Their fees differ too: 0.51% for EXS3.DE and 0.15% for QDVE.DE.
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