FRNH.DE vs. QDVD.DE
FRNH.DE (Amundi USD Floating Rate Corporate Bond ESG UCITS ETF EUR Hedged (Acc)) and QDVD.DE (iShares MSCI USA Quality Dividend Advanced UCITS ETF) are both exchange-traded funds - FRNH.DE is a Corporate Bonds fund tracking the iBoxx MSCI ESG USD FRN Investment Grade Corporates Index (EUR Hedged), while QDVD.DE is a ESG fund tracking the MSCI USA High Dividend Yield ESG Reduced Carbon Target Select Index. Both are passively managed. Over the past 10 years, FRNH.DE returned 1.22%/yr vs 10.64%/yr for QDVD.DE. At a 0.08 correlation, their price movements are largely independent. FRNH.DE charges 0.20%/yr vs 0.35%/yr for QDVD.DE.
Performance
FRNH.DE vs. QDVD.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FRNH.DE achieves a 1.44% return, which is significantly lower than QDVD.DE's 16.77% return. Over the past 10 years, FRNH.DE has underperformed QDVD.DE with an annualized return of 1.22%, while QDVD.DE has yielded a comparatively higher 10.64% annualized return.
FRNH.DE
- 1D
- -0.04%
- 1M
- 0.23%
- 6M
- 1.24%
- YTD
- 1.44%
- 1Y
- 2.84%
- 3Y*
- 3.73%
- 5Y*
- 2.43%
- 10Y*
- 1.22%
QDVD.DE
- 1D
- -0.50%
- 1M
- 0.93%
- 6M
- 13.02%
- YTD
- 16.77%
- 1Y
- 25.86%
- 3Y*
- 16.90%
- 5Y*
- 12.60%
- 10Y*
- 10.64%
FRNH.DE vs. QDVD.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FRNH.DE Amundi USD Floating Rate Corporate Bond ESG UCITS ETF EUR Hedged (Acc) | 1.44% | 2.90% | 4.99% | 4.33% | -0.84% | -0.64% | -0.04% | 2.05% | -2.60% | 0.20% |
QDVD.DE iShares MSCI USA Quality Dividend Advanced UCITS ETF | 16.77% | 4.15% | 21.92% | 10.55% | -1.08% | 32.39% | -9.18% | 25.22% | 0.50% | 4.16% |
Correlation
The correlation between FRNH.DE and QDVD.DE is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.13 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.09 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.08 |
Correlation (All Time) Calculated using the full available price history since Apr 26, 2016 | 0.08 |
The correlation between FRNH.DE and QDVD.DE shifts across timeframes, from 0.08 (10 years) to 0.25 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FRNH.DE vs. QDVD.DE — Risk / Return Rank
FRNH.DE
QDVD.DE
FRNH.DE vs. QDVD.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi USD Floating Rate Corporate Bond ESG UCITS ETF EUR Hedged (Acc) (FRNH.DE) and iShares MSCI USA Quality Dividend Advanced UCITS ETF (QDVD.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.
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.
| FRNH.DE | QDVD.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.75 | ||
| Sortino ratioReturn per unit of downside risk | +1.28 | ||
| Omega ratioGain probability vs. loss probability | 1.86 | 1.44 | +0.42 |
| Calmar ratioReturn relative to maximum drawdown | 7.91 | 5.33 | +2.59 |
| Martin ratioReturn relative to average drawdown | 38.31 | 18.72 | +19.60 |
Loading charts...
Drawdowns
FRNH.DE vs. QDVD.DE - Drawdown Comparison
The maximum FRNH.DE drawdown since its inception was -15.25%, smaller than the maximum QDVD.DE drawdown of -32.55%. Use the drawdown chart below to compare losses from any high point for FRNH.DE and QDVD.DE.
Loading charts...
Drawdown Indicators
| FRNH.DE | QDVD.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.25% | -32.55% | +17.30% |
Max Drawdown (1Y)Largest decline over 1 year | -0.36% | -4.83% | +4.47% |
Max Drawdown (3Y)Largest decline over 3 years | -1.39% | -21.55% | +20.16% |
Max Drawdown (5Y)Largest decline over 5 years | -3.17% | -21.55% | +18.38% |
Max Drawdown (10Y)Largest decline over 10 years | -15.25% | -32.55% | +17.30% |
Current DrawdownCurrent decline from peak | -0.04% | -1.59% | +1.55% |
Average DrawdownAverage peak-to-trough decline | -0.87% | -4.63% | +3.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.07% | 1.38% | -1.31% |
Volatility
FRNH.DE vs. QDVD.DE - Volatility Comparison
The current volatility for Amundi USD Floating Rate Corporate Bond ESG UCITS ETF EUR Hedged (Acc) (FRNH.DE) is 0.12%, while iShares MSCI USA Quality Dividend Advanced UCITS ETF (QDVD.DE) has a volatility of 2.63%. This indicates that FRNH.DE experiences smaller price fluctuations and is considered to be less risky than QDVD.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FRNH.DE | QDVD.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.12% | 2.63% | -2.51% |
Volatility (6M)Calculated over the trailing 6-month period | 0.52% | 7.75% | -7.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.90% | 11.02% | -10.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.42% | 13.87% | -11.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.36% | 14.79% | -11.43% |
FRNH.DE vs. QDVD.DE - Expense Ratio Comparison
FRNH.DE has a 0.20% expense ratio, which is lower than QDVD.DE's 0.35% expense ratio.
Dividends
FRNH.DE vs. QDVD.DE - Dividend Comparison
FRNH.DE has not paid dividends to shareholders, while QDVD.DE's dividend yield for the trailing twelve months is around 1.48%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FRNH.DE Amundi USD Floating Rate Corporate Bond ESG UCITS ETF EUR Hedged (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QDVD.DE iShares MSCI USA Quality Dividend Advanced UCITS ETF | 1.48% | 1.72% | 1.88% | 2.04% | 2.34% | 1.99% | 2.72% | 2.37% | 2.43% | 2.28% | 2.19% | 2.44% |
Frequently Asked Questions
FRNH.DE and QDVD.DE have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FRNH.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FRNH.DE is cheaper with a 0.20% expense ratio, compared with 0.35% for QDVD.DE.
FRNH.DE is categorized as Corporate Bonds, while QDVD.DE is ESG. FRNH.DE tracks iBoxx MSCI ESG USD FRN Investment Grade Corporates Index (EUR Hedged), while QDVD.DE tracks MSCI USA High Dividend Yield ESG Reduced Carbon Target Select Index. They also come from different issuers: Amundi and iShares. Their fees differ too: 0.20% for FRNH.DE and 0.35% for QDVD.DE.
Find the right allocation for FRNH.DE and QDVD.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer