FTGE.DE vs. QDVX.DE
FTGE.DE (First Trust Eurozone AlphaDEX UCITS ETF Acc) and QDVX.DE (iShares MSCI Europe Quality Dividend ESG UCITS ETF EUR (Dist)) are both Europe Equities funds - FTGE.DE tracks the Nasdaq AlphaDEX® Eurozone while QDVX.DE tracks the MSCI Europe High Dividend Yield ESG Reduced Carbon Target Select. Both are passively managed. Over the past 5 years, FTGE.DE returned 11.74%/yr vs 11.08%/yr for QDVX.DE. A 0.76 correlation means they provide meaningful diversification when combined. FTGE.DE charges 0.65%/yr vs 0.28%/yr for QDVX.DE.
Performance
FTGE.DE vs. QDVX.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FTGE.DE achieves a 12.96% return, which is significantly higher than QDVX.DE's 9.85% return.
FTGE.DE
- 1D
- 0.00%
- 1M
- -0.29%
- YTD
- 12.96%
- 6M
- 13.77%
- 1Y
- 31.10%
- 3Y*
- 22.44%
- 5Y*
- 11.74%
- 10Y*
- —
QDVX.DE
- 1D
- 0.71%
- 1M
- 3.98%
- YTD
- 9.85%
- 6M
- 10.52%
- 1Y
- 16.54%
- 3Y*
- 13.68%
- 5Y*
- 11.08%
- 10Y*
- —
FTGE.DE vs. QDVX.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
FTGE.DE First Trust Eurozone AlphaDEX UCITS ETF Acc | 12.96% | 39.79% | 9.52% | 12.43% | -14.37% | 20.47% | 26.65% |
QDVX.DE iShares MSCI Europe Quality Dividend ESG UCITS ETF EUR (Dist) | 9.85% | 11.29% | 10.80% | 15.21% | 0.82% | 18.84% | 22.86% |
Correlation
The correlation between FTGE.DE and QDVX.DE is 0.66, 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 | 0.66 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.70 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.75 |
Correlation (All Time) Calculated using the full available price history since May 18, 2020 | 0.76 |
The correlation between FTGE.DE and QDVX.DE shifts across timeframes, from 0.66 (1 year) to 0.76 (all time), 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
FTGE.DE vs. QDVX.DE — Risk / Return Rank
FTGE.DE
QDVX.DE
FTGE.DE vs. QDVX.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Eurozone AlphaDEX UCITS ETF Acc (FTGE.DE) and iShares MSCI Europe Quality Dividend ESG UCITS ETF EUR (Dist) (QDVX.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.
| FTGE.DE | QDVX.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.70 | ||
| Sortino ratioReturn per unit of downside risk | +0.88 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.28 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 3.33 | 2.00 | +1.33 |
| Martin ratioReturn relative to average drawdown | 12.80 | 6.67 | +6.14 |
Loading charts...
Drawdowns
FTGE.DE vs. QDVX.DE - Drawdown Comparison
The maximum FTGE.DE drawdown since its inception was -26.63%, smaller than the maximum QDVX.DE drawdown of -38.42%. Use the drawdown chart below to compare losses from any high point for FTGE.DE and QDVX.DE.
Loading charts...
Drawdown Indicators
| FTGE.DE | QDVX.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.63% | -38.42% | +11.79% |
Max Drawdown (1Y)Largest decline over 1 year | -9.38% | -8.23% | -1.15% |
Max Drawdown (3Y)Largest decline over 3 years | -16.12% | -14.02% | -2.10% |
Max Drawdown (5Y)Largest decline over 5 years | -26.63% | -14.62% | -12.01% |
Current DrawdownCurrent decline from peak | -1.61% | 0.00% | -1.61% |
Average DrawdownAverage peak-to-trough decline | -5.37% | -4.67% | -0.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.44% | 2.48% | -0.04% |
Volatility
FTGE.DE vs. QDVX.DE - Volatility Comparison
First Trust Eurozone AlphaDEX UCITS ETF Acc (FTGE.DE) has a higher volatility of 3.30% compared to iShares MSCI Europe Quality Dividend ESG UCITS ETF EUR (Dist) (QDVX.DE) at 2.50%. This indicates that FTGE.DE's price experiences larger fluctuations and is considered to be riskier than QDVX.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FTGE.DE | QDVX.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.30% | 2.50% | +0.80% |
Volatility (6M)Calculated over the trailing 6-month period | 11.94% | 8.71% | +3.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.30% | 11.18% | +3.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.54% | 12.87% | +4.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.38% | 15.30% | +3.08% |
FTGE.DE vs. QDVX.DE - Expense Ratio Comparison
FTGE.DE has a 0.65% expense ratio, which is higher than QDVX.DE's 0.28% expense ratio.
Dividends
FTGE.DE vs. QDVX.DE - Dividend Comparison
FTGE.DE has not paid dividends to shareholders, while QDVX.DE's dividend yield for the trailing twelve months is around 3.06%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
FTGE.DE First Trust Eurozone AlphaDEX UCITS ETF Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QDVX.DE iShares MSCI Europe Quality Dividend ESG UCITS ETF EUR (Dist) | 3.06% | 3.02% | 3.11% | 3.58% | 4.25% | 4.50% | 3.25% | 4.45% | 5.20% | 0.74% |
Frequently Asked Questions
FTGE.DE and QDVX.DE have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, QDVX.DE is cheaper at 0.28% per year. The better choice depends on whether you care most about return, fees, risk, or income.
QDVX.DE is cheaper with a 0.28% expense ratio, compared with 0.65% for FTGE.DE.
FTGE.DE tracks Nasdaq AlphaDEX® Eurozone, while QDVX.DE tracks MSCI Europe High Dividend Yield ESG Reduced Carbon Target Select. They also come from different issuers: First Trust and iShares. Their fees differ too: 0.65% for FTGE.DE and 0.28% for QDVX.DE.
Find the right allocation for FTGE.DE and QDVX.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