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FLRA.DE vs. QDVE.DE
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

FLRA.DE vs. QDVE.DE - Performance Comparison

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

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Returns By Period

In the year-to-date period, FLRA.DE achieves a 19.68% return, which is significantly lower than QDVE.DE's 24.06% return.


FLRA.DE

1D
-1.45%
1M
16.33%
YTD
19.68%
6M
14.77%
1Y
38.95%
3Y*
26.58%
5Y*
10Y*

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

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


2026 (YTD)2025202420232022
FLRA.DE
Franklin Metaverse UCITS ETF USD Capitalisation
19.68%5.59%27.26%71.63%-21.53%
QDVE.DE
iShares S&P 500 Information Technology Sector UCITS ETF
24.06%9.99%46.12%54.14%-13.23%

Correlation

The correlation between FLRA.DE and QDVE.DE is 0.80, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.80

Correlation (3Y)
Calculated over the trailing 3-year period

0.74

Correlation (All Time)
Calculated using the full available price history since Sep 8, 2022

0.75

The correlation between FLRA.DE and QDVE.DE has been stable across timeframes, ranging from 0.74 to 0.80 - a consistent structural relationship.

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Return for Risk

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

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

FLRA.DE
FLRA.DE Risk / Return Rank: 3636
Overall Rank
FLRA.DE Sharpe Ratio Rank: 4444
Sharpe Ratio Rank
FLRA.DE Sortino Ratio Rank: 4242
Sortino Ratio Rank
FLRA.DE Omega Ratio Rank: 4141
Omega Ratio Rank
FLRA.DE Calmar Ratio Rank: 2828
Calmar Ratio Rank
FLRA.DE Martin Ratio Rank: 2424
Martin Ratio Rank

QDVE.DE
QDVE.DE Risk / Return Rank: 6565
Overall Rank
QDVE.DE Sharpe Ratio Rank: 7575
Sharpe Ratio Rank
QDVE.DE Sortino Ratio Rank: 6969
Sortino Ratio Rank
QDVE.DE Omega Ratio Rank: 6666
Omega Ratio Rank
QDVE.DE Calmar Ratio Rank: 6464
Calmar Ratio Rank
QDVE.DE Martin Ratio Rank: 5050
Martin Ratio Rank
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.

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

This table presents a comparison of risk-adjusted performance metrics for Franklin Metaverse UCITS ETF USD Capitalisation (FLRA.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.


FLRA.DEQDVE.DEDifference
Sharpe ratioReturn per unit of total volatility

-0.89

Sortino ratioReturn per unit of downside risk

-1.02

Omega ratioGain probability vs. loss probability

1.26

1.39

-0.13

Calmar ratioReturn relative to maximum drawdown

1.33

3.14

-1.82

Martin ratioReturn relative to average drawdown

3.01

8.31

-5.30

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

The current FLRA.DE Sharpe Ratio is 1.51, which is lower than the QDVE.DE Sharpe Ratio of 2.40. The chart below compares the historical Sharpe Ratios of FLRA.DE and QDVE.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Sharpe Ratios by Period


FLRA.DEQDVE.DEDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.51

2.40

-0.89

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

1.10

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

1.19

Sharpe Ratio (All Time)

Calculated using the full available price history

0.82

1.07

-0.25

Drawdowns

FLRA.DE vs. QDVE.DE - Drawdown Comparison

The maximum FLRA.DE drawdown since its inception was -34.22%, 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 FLRA.DE and QDVE.DE.


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Drawdown Indicators


FLRA.DEQDVE.DEDifference

Max Drawdown

Largest peak-to-trough decline

-34.22%

-31.45%

-2.77%

Max Drawdown (1Y)

Largest decline over 1 year

-29.17%

-15.59%

-13.58%

Max Drawdown (3Y)

Largest decline over 3 years

-34.22%

-29.83%

-4.39%

Max Drawdown (5Y)

Largest decline over 5 years

-29.83%

Max Drawdown (10Y)

Largest decline over 10 years

-31.45%

Current Drawdown

Current decline from peak

-2.92%

-3.08%

+0.16%

Average Drawdown

Average peak-to-trough decline

-9.83%

-5.80%

-4.03%

Ulcer Index

Depth and duration of drawdowns from previous peaks

12.91%

5.91%

+7.00%

Volatility

FLRA.DE vs. QDVE.DE - Volatility Comparison

Franklin Metaverse UCITS ETF USD Capitalisation (FLRA.DE) has a higher volatility of 8.80% compared to iShares S&P 500 Information Technology Sector UCITS ETF (QDVE.DE) at 7.12%. This indicates that FLRA.DE's price experiences larger fluctuations and is considered to be riskier 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


FLRA.DEQDVE.DEDifference

Volatility (1M)

Calculated over the trailing 1-month period

8.80%

7.12%

+1.68%

Volatility (6M)

Calculated over the trailing 6-month period

18.60%

14.85%

+3.75%

Volatility (1Y)

Calculated over the trailing 1-year period

25.70%

20.42%

+5.28%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

27.73%

22.71%

+5.02%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

27.73%

21.73%

+6.00%

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

FLRA.DE has a 0.30% expense ratio, which is higher than QDVE.DE's 0.15% expense ratio.


Dividends

FLRA.DE vs. QDVE.DE - Dividend Comparison

Neither FLRA.DE nor QDVE.DE has paid dividends to shareholders.


Tickers have no history of dividend payments

Frequently Asked Questions


FLRA.DE and QDVE.DE have a correlation of 0.80, 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 0.30% for FLRA.DE.

FLRA.DE tracks Solactive Global Metaverse Innovation, while QDVE.DE tracks S&P 500 Capped 35/20 Information Technology Index. They also come from different issuers: Franklin Templeton and iShares. Their fees differ too: 0.30% for FLRA.DE and 0.15% for QDVE.DE.

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