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HDV vs. QUAL
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


HDVQUAL
YTD Return11.99%16.57%
1Y Return13.16%25.41%
3Y Return (Ann)9.54%9.79%
5Y Return (Ann)7.50%14.70%
10Y Return (Ann)7.90%13.04%
Sharpe Ratio1.432.05
Daily Std Dev10.33%11.97%
Max Drawdown-37.04%-34.06%
Current Drawdown-0.92%-3.01%

Correlation

-0.50.00.51.00.7

The correlation between HDV and QUAL is 0.75, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Performance

HDV vs. QUAL - Performance Comparison

In the year-to-date period, HDV achieves a 11.99% return, which is significantly lower than QUAL's 16.57% return. Over the past 10 years, HDV has underperformed QUAL with an annualized return of 7.90%, while QUAL has yielded a comparatively higher 13.04% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


100.00%150.00%200.00%250.00%300.00%FebruaryMarchAprilMayJuneJuly
143.35%
305.95%
HDV
QUAL

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


iShares Core High Dividend ETF

iShares Edge MSCI USA Quality Factor ETF

HDV vs. QUAL - Expense Ratio Comparison

HDV has a 0.08% expense ratio, which is lower than QUAL's 0.15% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


QUAL
iShares Edge MSCI USA Quality Factor ETF
Expense ratio chart for QUAL: current value at 0.15% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.15%
Expense ratio chart for HDV: current value at 0.08% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.08%

Risk-Adjusted Performance

HDV vs. QUAL - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Core High Dividend ETF (HDV) and iShares Edge 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.


HDV
Sharpe ratio
The chart of Sharpe ratio for HDV, currently valued at 1.43, compared to the broader market0.002.004.006.001.43
Sortino ratio
The chart of Sortino ratio for HDV, currently valued at 2.16, compared to the broader market0.005.0010.0015.002.16
Omega ratio
The chart of Omega ratio for HDV, currently valued at 1.25, compared to the broader market1.002.003.001.25
Calmar ratio
The chart of Calmar ratio for HDV, currently valued at 1.51, compared to the broader market0.005.0010.0015.0020.001.51
Martin ratio
The chart of Martin ratio for HDV, currently valued at 5.06, compared to the broader market0.0050.00100.00150.005.06
QUAL
Sharpe ratio
The chart of Sharpe ratio for QUAL, currently valued at 2.05, compared to the broader market0.002.004.006.002.05
Sortino ratio
The chart of Sortino ratio for QUAL, currently valued at 2.92, compared to the broader market0.005.0010.0015.002.92
Omega ratio
The chart of Omega ratio for QUAL, currently valued at 1.36, compared to the broader market1.002.003.001.36
Calmar ratio
The chart of Calmar ratio for QUAL, currently valued at 2.33, compared to the broader market0.005.0010.0015.0020.002.33
Martin ratio
The chart of Martin ratio for QUAL, currently valued at 9.70, compared to the broader market0.0050.00100.00150.009.70

HDV vs. QUAL - Sharpe Ratio Comparison

The current HDV Sharpe Ratio is 1.43, which is lower than the QUAL Sharpe Ratio of 2.05. The chart below compares the 12-month rolling Sharpe Ratio of HDV and QUAL.


Rolling 12-month Sharpe Ratio0.000.501.001.502.002.503.003.50FebruaryMarchAprilMayJuneJuly
1.43
2.05
HDV
QUAL

Dividends

HDV vs. QUAL - Dividend Comparison

HDV's dividend yield for the trailing twelve months is around 3.40%, more than QUAL's 1.04% yield.


TTM20232022202120202019201820172016201520142013
HDV
iShares Core High Dividend ETF
3.40%3.82%3.56%3.47%4.07%3.27%3.67%3.27%3.28%3.92%3.20%3.17%
QUAL
iShares Edge MSCI USA Quality Factor ETF
1.04%1.23%1.59%1.20%1.39%1.60%2.00%1.76%1.96%1.63%1.35%0.63%

Drawdowns

HDV vs. QUAL - Drawdown Comparison

The maximum HDV drawdown since its inception was -37.04%, which is greater than QUAL's maximum drawdown of -34.06%. Use the drawdown chart below to compare losses from any high point for HDV and QUAL. For additional features, visit the drawdowns tool.


-7.00%-6.00%-5.00%-4.00%-3.00%-2.00%-1.00%0.00%FebruaryMarchAprilMayJuneJuly
-0.92%
-3.01%
HDV
QUAL

Volatility

HDV vs. QUAL - Volatility Comparison

iShares Core High Dividend ETF (HDV) has a higher volatility of 3.09% compared to iShares Edge MSCI USA Quality Factor ETF (QUAL) at 2.93%. This indicates that HDV'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.


1.00%2.00%3.00%4.00%5.00%FebruaryMarchAprilMayJuneJuly
3.09%
2.93%
HDV
QUAL