H4ZJ.DE vs. QDVE.DE
H4ZJ.DE (HSBC MSCI World UCITS ETF USD) and QDVE.DE (iShares S&P 500 Information Technology Sector UCITS ETF) are both exchange-traded funds - H4ZJ.DE is a Global Equities fund tracking the MSCI World, while QDVE.DE is a Technology Equities fund tracking the S&P 500 Capped 35/20 Information Technology Index. Both are passively managed. Over the past 10 years, H4ZJ.DE returned 14.71%/yr vs 26.04%/yr for QDVE.DE. Their correlation of 0.85 suggests significant overlap in exposure. Both charge a 0.15% expense ratio.
Performance
H4ZJ.DE vs. QDVE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, H4ZJ.DE achieves a 10.86% return, which is significantly lower than QDVE.DE's 24.06% return. Over the past 10 years, H4ZJ.DE has underperformed QDVE.DE with an annualized return of 14.71%, while QDVE.DE has yielded a comparatively higher 26.04% annualized return.
H4ZJ.DE
- 1D
- -0.34%
- 1M
- 3.69%
- YTD
- 10.86%
- 6M
- 10.96%
- 1Y
- 23.81%
- 3Y*
- 18.46%
- 5Y*
- 13.87%
- 10Y*
- 14.71%
QDVE.DE
- 1D
- -2.26%
- 1M
- 11.84%
- YTD
- 24.06%
- 6M
- 22.46%
- 1Y
- 48.25%
- 3Y*
- 30.81%
- 5Y*
- 25.33%
- 10Y*
- 26.04%
H4ZJ.DE vs. QDVE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
H4ZJ.DE HSBC MSCI World UCITS ETF USD | 10.86% | 8.00% | 26.94% | 22.28% | -13.11% | 35.34% | 7.78% | 34.57% | -2.46% | 9.87% |
QDVE.DE iShares S&P 500 Information Technology Sector UCITS ETF | 24.06% | 9.99% | 46.12% | 54.14% | -25.83% | 46.77% | 29.69% | 53.86% | 3.04% | 21.00% |
Correlation
The correlation between H4ZJ.DE and QDVE.DE is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.81 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.81 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.84 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.85 |
Correlation (All Time) Calculated using the full available price history since Dec 3, 2015 | 0.85 |
The correlation between H4ZJ.DE and QDVE.DE has been stable across timeframes, ranging from 0.81 to 0.85 - a consistent structural relationship.
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Return for Risk
H4ZJ.DE vs. QDVE.DE — Risk / Return Rank
H4ZJ.DE
QDVE.DE
H4ZJ.DE vs. QDVE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for HSBC MSCI World UCITS ETF USD (H4ZJ.DE) and iShares S&P 500 Information Technology Sector UCITS ETF (QDVE.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.
| H4ZJ.DE | QDVE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.27 | ||
| Sortino ratioReturn per unit of downside risk | -0.14 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.39 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 3.61 | 3.14 | +0.47 |
| Martin ratioReturn relative to average drawdown | 14.41 | 8.31 | +6.09 |
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
| H4ZJ.DE | QDVE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.13 | 2.40 | -0.27 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.97 | 1.10 | -0.13 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.97 | 1.19 | -0.22 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.93 | 1.07 | -0.14 |
Drawdowns
H4ZJ.DE vs. QDVE.DE - Drawdown Comparison
The maximum H4ZJ.DE drawdown since its inception was -33.60%, which is greater than QDVE.DE's maximum drawdown of -31.45%. Use the drawdown chart below to compare losses from any high point for H4ZJ.DE and QDVE.DE.
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Drawdown Indicators
| H4ZJ.DE | QDVE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.60% | -31.45% | -2.15% |
Max Drawdown (1Y)Largest decline over 1 year | -6.59% | -15.59% | +9.00% |
Max Drawdown (3Y)Largest decline over 3 years | -21.65% | -29.83% | +8.18% |
Max Drawdown (5Y)Largest decline over 5 years | -21.65% | -29.83% | +8.18% |
Max Drawdown (10Y)Largest decline over 10 years | -33.60% | -31.45% | -2.15% |
Current DrawdownCurrent decline from peak | -0.34% | -3.08% | +2.74% |
Average DrawdownAverage peak-to-trough decline | -4.02% | -5.80% | +1.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.66% | 5.91% | -4.25% |
Volatility
H4ZJ.DE vs. QDVE.DE - Volatility Comparison
The current volatility for HSBC MSCI World UCITS ETF USD (H4ZJ.DE) is 2.77%, while iShares S&P 500 Information Technology Sector UCITS ETF (QDVE.DE) has a volatility of 7.12%. This indicates that H4ZJ.DE experiences smaller price fluctuations and is considered to be less risky than QDVE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| H4ZJ.DE | QDVE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.77% | 7.12% | -4.35% |
Volatility (6M)Calculated over the trailing 6-month period | 7.73% | 14.85% | -7.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.24% | 20.42% | -9.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.14% | 22.71% | -8.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.05% | 21.73% | -6.68% |
H4ZJ.DE vs. QDVE.DE - Expense Ratio Comparison
Both H4ZJ.DE and QDVE.DE have an expense ratio of 0.15%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
H4ZJ.DE vs. QDVE.DE - Dividend Comparison
H4ZJ.DE's dividend yield for the trailing twelve months is around 1.16%, while QDVE.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
H4ZJ.DE HSBC MSCI World UCITS ETF USD | 1.16% | 1.28% | 2.06% | 3.02% | 2.65% | 2.73% | 3.30% | 4.02% | 4.71% | 3.58% | 4.02% | 3.46% |
QDVE.DE iShares S&P 500 Information Technology Sector UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
H4ZJ.DE and QDVE.DE have a correlation of 0.81, 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 0.15% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
H4ZJ.DE and QDVE.DE have the same expense ratio: 0.15% per year.
H4ZJ.DE is categorized as Global Equities, while QDVE.DE is Technology Equities. H4ZJ.DE tracks MSCI World, while QDVE.DE tracks S&P 500 Capped 35/20 Information Technology Index. They also come from different issuers: HSBC and iShares.
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