HDLV.DE vs. UDIV.DE
HDLV.DE (Invesco S&P 500 High Dividend Low Volatility UCITS ETF) and UDIV.DE (Global X SuperDividend UCITS ETF USD Distributing) are both Dividend funds - HDLV.DE tracks the S&P 500 Low Volatility High Dividend Net Total Return Index while UDIV.DE tracks the Solactive Global SuperDividend Index. Both are passively managed. Over the past 3 years, HDLV.DE returned 9.63%/yr vs 11.17%/yr for UDIV.DE. At a 0.48 correlation, their price movements are largely independent. HDLV.DE charges 0.30%/yr vs 0.45%/yr for UDIV.DE.
Performance
HDLV.DE vs. UDIV.DE - Performance Comparison
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Returns By Period
In the year-to-date period, HDLV.DE achieves a 12.89% return, which is significantly higher than UDIV.DE's 8.58% return.
HDLV.DE
- 1D
- 0.44%
- 1M
- 6.78%
- 6M
- 13.04%
- YTD
- 12.89%
- 1Y
- 14.06%
- 3Y*
- 9.63%
- 5Y*
- 7.63%
- 10Y*
- 6.48%
UDIV.DE
- 1D
- 0.00%
- 1M
- 0.94%
- 6M
- 7.85%
- YTD
- 8.58%
- 1Y
- 19.64%
- 3Y*
- 11.17%
- 5Y*
- —
- 10Y*
- —
HDLV.DE vs. UDIV.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
HDLV.DE Invesco S&P 500 High Dividend Low Volatility UCITS ETF | 12.89% | -8.06% | 23.32% | -2.45% | 6.95% |
UDIV.DE Global X SuperDividend UCITS ETF USD Distributing | 8.58% | 14.37% | 5.51% | 2.25% | -22.42% |
Correlation
The correlation between HDLV.DE and UDIV.DE is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.45 |
Correlation (All Time) Calculated using the full available price history since Feb 17, 2022 | 0.48 |
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Return for Risk
HDLV.DE vs. UDIV.DE — Risk / Return Rank
HDLV.DE
UDIV.DE
HDLV.DE vs. UDIV.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 High Dividend Low Volatility UCITS ETF (HDLV.DE) and Global X SuperDividend UCITS ETF USD Distributing (UDIV.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.
| HDLV.DE | UDIV.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.64 | ||
| Sortino ratioReturn per unit of downside risk | -0.72 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.36 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 2.13 | 4.23 | -2.09 |
| Martin ratioReturn relative to average drawdown | 5.44 | 13.30 | -7.86 |
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Drawdowns
HDLV.DE vs. UDIV.DE - Drawdown Comparison
The maximum HDLV.DE drawdown since its inception was -39.21%, which is greater than UDIV.DE's maximum drawdown of -30.22%. Use the drawdown chart below to compare losses from any high point for HDLV.DE and UDIV.DE.
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Drawdown Indicators
| HDLV.DE | UDIV.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.21% | -30.22% | -8.99% |
Max Drawdown (1Y)Largest decline over 1 year | -6.56% | -4.67% | -1.89% |
Max Drawdown (3Y)Largest decline over 3 years | -19.09% | -20.11% | +1.02% |
Max Drawdown (5Y)Largest decline over 5 years | -19.99% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -39.21% | — | — |
Current DrawdownCurrent decline from peak | -2.47% | -2.59% | +0.12% |
Average DrawdownAverage peak-to-trough decline | -8.71% | -15.38% | +6.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.58% | 1.48% | +1.10% |
Volatility
HDLV.DE vs. UDIV.DE - Volatility Comparison
Invesco S&P 500 High Dividend Low Volatility UCITS ETF (HDLV.DE) has a higher volatility of 3.52% compared to Global X SuperDividend UCITS ETF USD Distributing (UDIV.DE) at 3.15%. This indicates that HDLV.DE's price experiences larger fluctuations and is considered to be riskier than UDIV.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HDLV.DE | UDIV.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.52% | 3.15% | +0.37% |
Volatility (6M)Calculated over the trailing 6-month period | 8.46% | 7.22% | +1.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.99% | 10.33% | +0.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.60% | 15.24% | -1.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.10% | 15.24% | +1.86% |
HDLV.DE vs. UDIV.DE - Expense Ratio Comparison
HDLV.DE has a 0.30% expense ratio, which is lower than UDIV.DE's 0.45% expense ratio.
Dividends
HDLV.DE vs. UDIV.DE - Dividend Comparison
HDLV.DE's dividend yield for the trailing twelve months is around 3.47%, less than UDIV.DE's 9.30% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HDLV.DE Invesco S&P 500 High Dividend Low Volatility UCITS ETF | 3.47% | 4.01% | 3.43% | 4.14% | 3.60% | 3.24% | 4.64% | 3.68% | 3.70% | 3.22% | 2.93% | 1.86% |
UDIV.DE Global X SuperDividend UCITS ETF USD Distributing | 9.30% | 9.75% | 11.22% | 12.49% | 8.93% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
HDLV.DE and UDIV.DE have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, HDLV.DE is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
HDLV.DE is cheaper with a 0.30% expense ratio, compared with 0.45% for UDIV.DE.
HDLV.DE tracks S&P 500 Low Volatility High Dividend Net Total Return Index, while UDIV.DE tracks Solactive Global SuperDividend Index. They also come from different issuers: Invesco and Global X. Their fees differ too: 0.30% for HDLV.DE and 0.45% for UDIV.DE.
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