FTWD.L vs. QDVW.DE
FTWD.L (Invesco FTSE All-World UCITS ETF Dist) and QDVW.DE (iShares MSCI World Quality Dividend Advanced UCITS ETF USD Dist) are both exchange-traded funds - FTWD.L is a Global Equities fund tracking the FTSE All-World Index, while QDVW.DE is a Global Equity Income fund tracking the MSCI World High Dividend Yield Advanced Select Index USD. Both are passively managed. Over the past 3 years, FTWD.L returned 18.88%/yr vs 18.19%/yr for QDVW.DE. A 0.78 correlation means they provide meaningful diversification when combined. FTWD.L charges 0.15%/yr vs 0.38%/yr for QDVW.DE.
Performance
FTWD.L vs. QDVW.DE - Performance Comparison
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Different Trading Currencies
FTWD.L is traded in USD, while QDVW.DE is traded in EUR. To make them comparable, the QDVW.DE values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, FTWD.L achieves a 10.97% return, which is significantly lower than QDVW.DE's 14.89% return.
FTWD.L
- 1D
- 0.00%
- 1M
- -0.70%
- 6M
- 8.83%
- YTD
- 10.97%
- 1Y
- 22.92%
- 3Y*
- 18.88%
- 5Y*
- —
- 10Y*
- —
QDVW.DE
- 1D
- -0.52%
- 1M
- 0.53%
- 6M
- 13.34%
- YTD
- 14.89%
- 1Y
- 28.39%
- 3Y*
- 18.19%
- 5Y*
- 12.17%
- 10Y*
- —
FTWD.L vs. QDVW.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
FTWD.L Invesco FTSE All-World UCITS ETF Dist | 10.97% | 22.55% | 17.90% | 10.03% |
QDVW.DE iShares MSCI World Quality Dividend Advanced UCITS ETF USD Dist | 14.89% | 24.93% | 9.87% | 8.53% |
Correlation
The correlation between FTWD.L and QDVW.DE is 0.76, 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 | 0.76 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.78 |
Correlation (All Time) Calculated using the full available price history since Jun 26, 2023 | 0.78 |
The correlation between FTWD.L and QDVW.DE has been stable across timeframes, ranging from 0.76 to 0.78 - a consistent structural relationship.
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Return for Risk
FTWD.L vs. QDVW.DE — Risk / Return Rank
FTWD.L
QDVW.DE
FTWD.L vs. QDVW.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco FTSE All-World UCITS ETF Dist (FTWD.L) and iShares MSCI World Quality Dividend Advanced UCITS ETF USD Dist (QDVW.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.
| FTWD.L | QDVW.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.68 | ||
| Sortino ratioReturn per unit of downside risk | -0.86 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.44 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 2.63 | 3.64 | -1.01 |
| Martin ratioReturn relative to average drawdown | 10.37 | 13.22 | -2.85 |
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Drawdowns
FTWD.L vs. QDVW.DE - Drawdown Comparison
The maximum FTWD.L drawdown since its inception was -16.68%, smaller than the maximum QDVW.DE drawdown of -33.32%. Use the drawdown chart below to compare losses from any high point for FTWD.L and QDVW.DE.
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Drawdown Indicators
| FTWD.L | QDVW.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.68% | -33.32% | +16.64% |
Max Drawdown (1Y)Largest decline over 1 year | -8.72% | -7.78% | -0.94% |
Max Drawdown (3Y)Largest decline over 3 years | -16.68% | -15.48% | -1.20% |
Max Drawdown (5Y)Largest decline over 5 years | — | -21.32% | — |
Current DrawdownCurrent decline from peak | -1.33% | -0.52% | -0.81% |
Average DrawdownAverage peak-to-trough decline | -1.91% | -5.21% | +3.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.21% | 2.14% | +0.07% |
Volatility
FTWD.L vs. QDVW.DE - Volatility Comparison
Invesco FTSE All-World UCITS ETF Dist (FTWD.L) has a higher volatility of 3.35% compared to iShares MSCI World Quality Dividend Advanced UCITS ETF USD Dist (QDVW.DE) at 2.65%. This indicates that FTWD.L's price experiences larger fluctuations and is considered to be riskier than QDVW.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FTWD.L | QDVW.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.35% | 2.65% | +0.70% |
Volatility (6M)Calculated over the trailing 6-month period | 10.49% | 9.29% | +1.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.94% | 11.59% | +1.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.61% | 13.76% | -0.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.61% | 15.33% | -1.72% |
FTWD.L vs. QDVW.DE - Expense Ratio Comparison
FTWD.L has a 0.15% expense ratio, which is lower than QDVW.DE's 0.38% expense ratio.
Dividends
FTWD.L vs. QDVW.DE - Dividend Comparison
FTWD.L's dividend yield for the trailing twelve months is around 1.26%, less than QDVW.DE's 2.10% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
FTWD.L Invesco FTSE All-World UCITS ETF Dist | 1.26% | 1.34% | 1.53% | 0.69% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QDVW.DE iShares MSCI World Quality Dividend Advanced UCITS ETF USD Dist | 2.10% | 2.37% | 2.52% | 2.85% | 3.04% | 2.63% | 3.05% | 3.03% | 3.26% | 0.79% |
Frequently Asked Questions
FTWD.L and QDVW.DE have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FTWD.L is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FTWD.L is cheaper with a 0.15% expense ratio, compared with 0.38% for QDVW.DE.
FTWD.L is categorized as Global Equities, while QDVW.DE is Global Equity Income. FTWD.L tracks FTSE All-World Index, while QDVW.DE tracks MSCI World High Dividend Yield Advanced Select Index USD. They also come from different issuers: Invesco and iShares. Their fees differ too: 0.15% for FTWD.L and 0.38% for QDVW.DE.
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