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GERD.DE vs. QUAL
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

GERD.DE vs. QUAL - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in L&G Gerd Kommer Multifactor Equity UCITS ETF USD Acc (GERD.DE) and iShares MSCI USA Quality Factor ETF (QUAL). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

GERD.DE is traded in EUR, while QUAL is traded in USD. To make them comparable, the QUAL values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, GERD.DE achieves a 14.41% return, which is significantly higher than QUAL's 10.10% return.


GERD.DE

1D
-0.18%
1M
5.63%
YTD
14.41%
6M
15.59%
1Y
26.06%
3Y*
5Y*
10Y*

QUAL

1D
0.00%
1M
4.67%
YTD
10.10%
6M
9.12%
1Y
19.26%
3Y*
16.68%
5Y*
13.01%
10Y*
13.96%
*Multi-year figures are annualized to reflect compound growth (CAGR)

GERD.DE vs. QUAL - Yearly Performance Comparison


2026 (YTD)202520242023
GERD.DE
L&G Gerd Kommer Multifactor Equity UCITS ETF USD Acc
14.41%10.26%18.54%7.85%
QUAL
iShares MSCI USA Quality Factor ETF
10.90%-0.72%30.36%11.35%

Correlation

The correlation between GERD.DE and QUAL is 0.55, 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

0.55

Correlation (All Time)
Calculated using the full available price history since Jun 22, 2023

0.50

The correlation between GERD.DE and QUAL has been stable across timeframes, ranging from 0.50 to 0.55 - a consistent structural relationship.

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Return for Risk

GERD.DE vs. QUAL — Risk / Return Rank

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

GERD.DE
GERD.DE Risk / Return Rank: 7171
Overall Rank
GERD.DE Sharpe Ratio Rank: 6767
Sharpe Ratio Rank
GERD.DE Sortino Ratio Rank: 6565
Sortino Ratio Rank
GERD.DE Omega Ratio Rank: 6767
Omega Ratio Rank
GERD.DE Calmar Ratio Rank: 7878
Calmar Ratio Rank
GERD.DE Martin Ratio Rank: 8080
Martin Ratio Rank

QUAL
QUAL Risk / Return Rank: 5656
Overall Rank
QUAL Sharpe Ratio Rank: 5757
Sharpe Ratio Rank
QUAL Sortino Ratio Rank: 5757
Sortino Ratio Rank
QUAL Omega Ratio Rank: 5555
Omega Ratio Rank
QUAL Calmar Ratio Rank: 5151
Calmar Ratio Rank
QUAL Martin Ratio Rank: 6363
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.

GERD.DE vs. QUAL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for L&G Gerd Kommer Multifactor Equity UCITS ETF USD Acc (GERD.DE) and iShares MSCI USA Quality Factor ETF (QUAL). 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.


GERD.DEQUALDifference
Sharpe ratioReturn per unit of total volatility

+0.56

Sortino ratioReturn per unit of downside risk

+0.75

Omega ratioGain probability vs. loss probability

1.39

1.29

+0.10

Calmar ratioReturn relative to maximum drawdown

3.92

2.75

+1.17

Martin ratioReturn relative to average drawdown

15.42

10.53

+4.88

GERD.DE vs. QUAL - Sharpe Ratio Comparison

The current GERD.DE Sharpe Ratio is 2.18, which is higher than the QUAL Sharpe Ratio of 1.62. The chart below compares the historical Sharpe Ratios of GERD.DE and QUAL, 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


GERD.DEQUALDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.18

1.62

+0.56

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.76

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.75

Sharpe Ratio (All Time)

Calculated using the full available price history

1.35

0.81

+0.54

Drawdowns

GERD.DE vs. QUAL - Drawdown Comparison

The maximum GERD.DE drawdown since its inception was -19.22%, smaller than the maximum QUAL drawdown of -33.56%. Use the drawdown chart below to compare losses from any high point for GERD.DE and QUAL.


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Drawdown Indicators


GERD.DEQUALDifference

Max Drawdown

Largest peak-to-trough decline

-19.22%

-33.56%

+14.34%

Max Drawdown (1Y)

Largest decline over 1 year

-6.61%

-7.03%

+0.42%

Max Drawdown (3Y)

Largest decline over 3 years

-23.13%

Max Drawdown (5Y)

Largest decline over 5 years

-23.13%

Max Drawdown (10Y)

Largest decline over 10 years

-33.56%

Current Drawdown

Current decline from peak

-0.19%

-0.05%

-0.14%

Average Drawdown

Average peak-to-trough decline

-2.24%

-4.48%

+2.24%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.69%

1.83%

-0.14%

Volatility

GERD.DE vs. QUAL - Volatility Comparison

L&G Gerd Kommer Multifactor Equity UCITS ETF USD Acc (GERD.DE) has a higher volatility of 3.18% compared to iShares MSCI USA Quality Factor ETF (QUAL) at 2.11%. This indicates that GERD.DE's price experiences larger fluctuations and is considered to be riskier than QUAL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


GERD.DEQUALDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.18%

2.11%

+1.07%

Volatility (6M)

Calculated over the trailing 6-month period

8.49%

8.67%

-0.18%

Volatility (1Y)

Calculated over the trailing 1-year period

11.92%

11.95%

-0.03%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

12.95%

17.14%

-4.19%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

12.95%

18.56%

-5.61%

GERD.DE vs. QUAL - Expense Ratio Comparison

GERD.DE has a 0.50% expense ratio, which is higher than QUAL's 0.15% expense ratio.


Dividends

GERD.DE vs. QUAL - Dividend Comparison

GERD.DE has not paid dividends to shareholders, while QUAL's dividend yield for the trailing twelve months is around 0.87%.


PositionTTM20252024202320222021202020192018201720162015
GERD.DE
L&G Gerd Kommer Multifactor Equity UCITS ETF USD 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%
QUAL
iShares MSCI USA Quality Factor ETF
0.87%0.94%1.02%1.23%1.59%1.20%1.39%1.60%2.00%1.76%1.96%1.63%

Frequently Asked Questions


GERD.DE and QUAL have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, QUAL is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

QUAL is cheaper with a 0.15% expense ratio, compared with 0.50% for GERD.DE.

GERD.DE is categorized as Global Equities, while QUAL is Large Cap Blend Equities. GERD.DE tracks Solactive Gerd Kommer Multifactor Equity, while QUAL tracks MSCI USA Sector Neutral Quality Index. They also come from different issuers: LGIM Managers (Europe) Limited and iShares. Their fees differ too: 0.50% for GERD.DE and 0.15% for QUAL.

Portfolio Optimizer

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