FRGD.L vs. QDIV.L
FRGD.L (Franklin Global Quality Dividend UCITS ETF USD (Dist)) and QDIV.L (iShares MSCI USA Quality Dividend Advanced UCITS ETF USD (Dist)) are both Dividend funds - FRGD.L tracks the LibertyQ Global Dividend Index-NR while QDIV.L tracks the MSCI USA High Dividend Yield Advanced Select Index USD. Both are passively managed. Over the past 5 years, FRGD.L returned 9.62%/yr vs 11.86%/yr for QDIV.L. Their correlation of 0.82 suggests significant overlap in exposure. FRGD.L charges 0.30%/yr vs 0.35%/yr for QDIV.L.
Performance
FRGD.L vs. QDIV.L - Performance Comparison
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Returns By Period
In the year-to-date period, FRGD.L achieves a 12.51% return, which is significantly lower than QDIV.L's 13.93% return.
FRGD.L
- 1D
- 0.48%
- 1M
- 0.30%
- 6M
- 9.18%
- YTD
- 12.51%
- 1Y
- 19.27%
- 3Y*
- 15.84%
- 5Y*
- 9.62%
- 10Y*
- —
QDIV.L
- 1D
- -0.53%
- 1M
- -0.42%
- 6M
- 11.51%
- YTD
- 13.93%
- 1Y
- 24.20%
- 3Y*
- 17.61%
- 5Y*
- 11.86%
- 10Y*
- 11.06%
FRGD.L vs. QDIV.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FRGD.L Franklin Global Quality Dividend UCITS ETF USD (Dist) | 12.51% | 14.23% | 15.42% | 10.52% | -9.39% | 19.24% | 5.56% | 23.88% | -8.99% | 5.36% |
QDIV.L iShares MSCI USA Quality Dividend Advanced UCITS ETF USD (Dist) | 13.93% | 16.66% | 15.35% | 14.30% | -6.23% | 21.82% | 0.08% | 21.36% | -3.83% | 9.45% |
Correlation
The correlation between FRGD.L and QDIV.L is 0.78, 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 | 0.78 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.74 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.82 |
Correlation (All Time) Calculated using the full available price history since Sep 6, 2017 | 0.82 |
The correlation between FRGD.L and QDIV.L has been stable across timeframes, ranging from 0.74 to 0.82 - a consistent structural relationship.
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Return for Risk
FRGD.L vs. QDIV.L — Risk / Return Rank
FRGD.L
QDIV.L
FRGD.L vs. QDIV.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin Global Quality Dividend UCITS ETF USD (Dist) (FRGD.L) and iShares MSCI USA Quality Dividend Advanced UCITS ETF USD (Dist) (QDIV.L). 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.
| FRGD.L | QDIV.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.25 | ||
| Sortino ratioReturn per unit of downside risk | -0.63 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.39 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 2.76 | 3.02 | -0.26 |
| Martin ratioReturn relative to average drawdown | 9.67 | 11.83 | -2.16 |
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Drawdowns
FRGD.L vs. QDIV.L - Drawdown Comparison
The maximum FRGD.L drawdown since its inception was -35.03%, roughly equal to the maximum QDIV.L drawdown of -33.39%. Use the drawdown chart below to compare losses from any high point for FRGD.L and QDIV.L.
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Drawdown Indicators
| FRGD.L | QDIV.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.03% | -33.39% | -1.64% |
Max Drawdown (1Y)Largest decline over 1 year | -6.95% | -7.99% | +1.04% |
Max Drawdown (3Y)Largest decline over 3 years | -12.61% | -17.36% | +4.75% |
Max Drawdown (5Y)Largest decline over 5 years | -22.51% | -17.36% | -5.15% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.39% | — |
Current DrawdownCurrent decline from peak | -0.07% | -1.45% | +1.38% |
Average DrawdownAverage peak-to-trough decline | -5.16% | -3.36% | -1.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.99% | 2.04% | -0.05% |
Volatility
FRGD.L vs. QDIV.L - Volatility Comparison
The current volatility for Franklin Global Quality Dividend UCITS ETF USD (Dist) (FRGD.L) is 2.49%, while iShares MSCI USA Quality Dividend Advanced UCITS ETF USD (Dist) (QDIV.L) has a volatility of 2.81%. This indicates that FRGD.L experiences smaller price fluctuations and is considered to be less risky than QDIV.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FRGD.L | QDIV.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.49% | 2.81% | -0.32% |
Volatility (6M)Calculated over the trailing 6-month period | 7.98% | 8.96% | -0.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.11% | 11.23% | -1.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.01% | 14.45% | -1.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.57% | 15.08% | -0.51% |
FRGD.L vs. QDIV.L - Expense Ratio Comparison
FRGD.L has a 0.30% expense ratio, which is lower than QDIV.L's 0.35% expense ratio.
Dividends
FRGD.L vs. QDIV.L - Dividend Comparison
FRGD.L's dividend yield for the trailing twelve months is around 2.48%, more than QDIV.L's 1.51% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FRGD.L Franklin Global Quality Dividend UCITS ETF USD (Dist) | 2.48% | 2.69% | 2.46% | 2.73% | 3.03% | 2.36% | 2.41% | 3.21% | 3.38% | 0.44% | 0.00% | 0.00% |
QDIV.L iShares MSCI USA Quality Dividend Advanced UCITS ETF USD (Dist) | 1.51% | 1.67% | 1.93% | 2.00% | 2.27% | 2.08% | 2.50% | 2.36% | 2.44% | 2.15% | 2.32% | 2.47% |
Frequently Asked Questions
FRGD.L and QDIV.L have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FRGD.L is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FRGD.L is cheaper with a 0.30% expense ratio, compared with 0.35% for QDIV.L.
FRGD.L tracks LibertyQ Global Dividend Index-NR, while QDIV.L tracks MSCI USA High Dividend Yield Advanced Select Index USD. They also come from different issuers: Franklin and iShares. Their fees differ too: 0.30% for FRGD.L and 0.35% for QDIV.L.
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