H3R0.DE vs. SPQB.DE
H3R0.DE (Global X Video Games & Esports UCITS ETF Acc USD) and SPQB.DE (Global X S&P 500 Quarterly Buffer UCITS ETF) are both exchange-traded funds - H3R0.DE is a Technology Equities fund tracking the Solactive Video Games & Esports, while SPQB.DE is a S&P 500 fund tracking the Cboe S&P 500 15% WHT Quarterly 5% Buffer Protect. Both are passively managed. Over the past 3 years, H3R0.DE returned 5.22%/yr vs 9.37%/yr for SPQB.DE. At a 0.33 correlation, their price movements are largely independent. Both charge a 0.50% expense ratio.
Performance
H3R0.DE vs. SPQB.DE - Performance Comparison
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Returns By Period
In the year-to-date period, H3R0.DE achieves a -13.47% return, which is significantly lower than SPQB.DE's 5.30% return.
H3R0.DE
- 1D
- -1.69%
- 1M
- -3.75%
- YTD
- -13.47%
- 6M
- -15.95%
- 1Y
- -16.73%
- 3Y*
- 5.22%
- 5Y*
- -4.14%
- 10Y*
- —
SPQB.DE
- 1D
- -0.13%
- 1M
- 1.48%
- YTD
- 5.30%
- 6M
- 5.62%
- 1Y
- 10.99%
- 3Y*
- 9.37%
- 5Y*
- —
- 10Y*
- —
H3R0.DE vs. SPQB.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
H3R0.DE Global X Video Games & Esports UCITS ETF Acc USD | -13.47% | 10.28% | 26.09% | -2.70% |
SPQB.DE Global X S&P 500 Quarterly Buffer UCITS ETF | 5.30% | -0.77% | 20.64% | 10.42% |
Correlation
The correlation between H3R0.DE and SPQB.DE is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.31 |
Correlation (All Time) Calculated using the full available price history since Feb 24, 2023 | 0.33 |
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Return for Risk
H3R0.DE vs. SPQB.DE — Risk / Return Rank
H3R0.DE
SPQB.DE
H3R0.DE vs. SPQB.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Video Games & Esports UCITS ETF Acc USD (H3R0.DE) and Global X S&P 500 Quarterly Buffer UCITS ETF (SPQB.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.
| H3R0.DE | SPQB.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.40 | ||
| Sortino ratioReturn per unit of downside risk | -3.27 | ||
| Omega ratioGain probability vs. loss probability | 0.86 | 1.27 | -0.41 |
| Calmar ratioReturn relative to maximum drawdown | -0.68 | 3.53 | -4.21 |
| Martin ratioReturn relative to average drawdown | -1.24 | 9.14 | -10.38 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| H3R0.DE | SPQB.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.93 | 1.48 | -2.40 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.20 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.27 | 1.11 | -1.37 |
Drawdowns
H3R0.DE vs. SPQB.DE - Drawdown Comparison
The maximum H3R0.DE drawdown since its inception was -48.09%, which is greater than SPQB.DE's maximum drawdown of -16.15%. Use the drawdown chart below to compare losses from any high point for H3R0.DE and SPQB.DE.
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Drawdown Indicators
| H3R0.DE | SPQB.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.09% | -16.15% | -31.94% |
Max Drawdown (1Y)Largest decline over 1 year | -24.56% | -3.10% | -21.46% |
Max Drawdown (3Y)Largest decline over 3 years | -24.56% | -16.15% | -8.41% |
Max Drawdown (5Y)Largest decline over 5 years | -42.07% | — | — |
Current DrawdownCurrent decline from peak | -31.81% | -0.13% | -31.68% |
Average DrawdownAverage peak-to-trough decline | -29.88% | -2.58% | -27.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.45% | 1.20% | +12.25% |
Volatility
H3R0.DE vs. SPQB.DE - Volatility Comparison
Global X Video Games & Esports UCITS ETF Acc USD (H3R0.DE) has a higher volatility of 5.60% compared to Global X S&P 500 Quarterly Buffer UCITS ETF (SPQB.DE) at 1.19%. This indicates that H3R0.DE's price experiences larger fluctuations and is considered to be riskier than SPQB.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| H3R0.DE | SPQB.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.60% | 1.19% | +4.41% |
Volatility (6M)Calculated over the trailing 6-month period | 14.15% | 4.25% | +9.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.00% | 7.42% | +10.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.38% | 9.54% | +10.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.59% | 9.54% | +11.05% |
H3R0.DE vs. SPQB.DE - Expense Ratio Comparison
Both H3R0.DE and SPQB.DE have an expense ratio of 0.50%.
Dividends
H3R0.DE vs. SPQB.DE - Dividend Comparison
Neither H3R0.DE nor SPQB.DE has paid dividends to shareholders.
Frequently Asked Questions
H3R0.DE and SPQB.DE have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.50% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
H3R0.DE and SPQB.DE have the same expense ratio: 0.50% per year.
H3R0.DE is categorized as Technology Equities, while SPQB.DE is S&P 500. H3R0.DE tracks Solactive Video Games & Esports, while SPQB.DE tracks Cboe S&P 500 15% WHT Quarterly 5% Buffer Protect.
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