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HDV vs. WQDV.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

HDV vs. WQDV.L

Last updated Jun 5, 2026

HDV (iShares Core High Dividend ETF) and WQDV.L (iShares MSCI World Quality Dividend ESG UCITS ETF USD (Dist)) are both exchange-traded funds - HDV is a Dividend fund tracking the Morningstar Dividend Yield Focus Index, while WQDV.L is a Global Equities fund tracking the MSCI World High Dividend Yield ESG Reduced Carbon Target Select Index. Both are passively managed. Over the past 5 years, HDV returned 10.47%/yr vs 11.70%/yr for WQDV.L. At a 0.46 correlation, their price movements are largely independent. HDV charges 0.08%/yr vs 0.38%/yr for WQDV.L.

Performance

HDV vs. WQDV.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Core High Dividend ETF (HDV) and iShares MSCI World Quality Dividend ESG UCITS ETF USD (Dist) (WQDV.L). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, HDV achieves a 13.48% return, which is significantly lower than WQDV.L's 14.25% return.

HDV

1D
0.70%
1M
0.51%
YTD
13.48%
6M
13.49%
1Y
22.15%
3Y*
15.28%
5Y*
10.47%
10Y*
9.29%

WQDV.L

1D
0.00%
1M
6.39%
YTD
14.25%
6M
15.58%
1Y
30.82%
3Y*
19.42%
5Y*
11.70%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

HDV vs. WQDV.L - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
HDV
iShares Core High Dividend ETF		13.48%11.90%14.16%1.72%7.05%19.45%-6.48%20.22%-3.01%8.57%
WQDV.L
iShares MSCI World Quality Dividend ESG UCITS ETF USD (Dist)		14.25%24.15%9.88%17.14%-6.91%15.95%0.01%22.62%-7.74%7.86%

Correlation

The correlation between HDV and WQDV.L is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.22

Correlation (3Y)
Calculated over the trailing 3-year period

0.27

Correlation (5Y)
Calculated over the trailing 5-year period

0.38

Correlation (All Time)
Calculated using the full available price history since Jun 15, 2017

0.46

Over the past year, the correlation between HDV and WQDV.L has dropped to 0.22 - well below their long-term average of 0.46, suggesting their price drivers have been diverging.

HDV vs. WQDV.L - Sectors Allocation Comparison

Sectors
HDV
WQDV.L

Consumer Defensive

24.1%
3.6%

Energy

22.3%
4.1%

Healthcare

16.5%
14.4%

Financial Services

11.1%
16.9%

Utilities

9.2%
3.1%

Technology

8.2%
35.2%

Consumer Cyclical

6.1%
4.3%

Industrials

1.4%
11.1%

Basic Materials

1.2%
0.7%

Communication Services

0.1%
5.4%

Real Estate

-

1.3%

Consumer Defensive

HDV
24.1%
WQDV.L
3.6%

Energy

HDV
22.3%
WQDV.L
4.1%

Healthcare

HDV
16.5%
WQDV.L
14.4%

Financial Services

HDV
11.1%
WQDV.L
16.9%

Utilities

HDV
9.2%
WQDV.L
3.1%

Technology

HDV
8.2%
WQDV.L
35.2%

Consumer Cyclical

HDV
6.1%
WQDV.L
4.3%

Industrials

HDV
1.4%
WQDV.L
11.1%

Basic Materials

HDV
1.2%
WQDV.L
0.7%

Communication Services

HDV
0.1%
WQDV.L
5.4%

Real Estate

HDV

-

WQDV.L
1.3%

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 MSCI World Quality Dividend ESG UCITS ETF USD (Dist)

Often compared with HDV:
HDV vs. SCHDHDV vs. VYMHDV vs. SPYDHDV vs. DGROHDV vs. DVYHDV vs. VIGHDV vs. SPY
Often compared with WQDV.L:
WQDV.L vs. VHYD.LWQDV.L vs. IQQ0.DEWQDV.L vs. SCHDWQDV.L vs. QDVX.DEWQDV.L vs. IMID.LWQDV.L vs. VIGWQDV.L vs. VYM

Return for Risk

HDV vs. WQDV.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
HDV
HDV Risk / Return Rank: 7373
Overall Rank
HDV Sharpe Ratio Rank: 7171
Sharpe Ratio Rank
HDV Sortino Ratio Rank: 7676
Sortino Ratio Rank
HDV Omega Ratio Rank: 6767
Omega Ratio Rank
HDV Calmar Ratio Rank: 8282
Calmar Ratio Rank
HDV Martin Ratio Rank: 6666
Martin Ratio Rank
WQDV.L
WQDV.L Risk / Return Rank: 8181
Overall Rank
WQDV.L Sharpe Ratio Rank: 8282
Sharpe Ratio Rank
WQDV.L Sortino Ratio Rank: 8787
Sortino Ratio Rank
WQDV.L Omega Ratio Rank: 8080
Omega Ratio Rank
WQDV.L Calmar Ratio Rank: 7878
Calmar Ratio Rank
WQDV.L Martin Ratio Rank: 7777
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.

HDV vs. WQDV.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Core High Dividend ETF (HDV) and iShares MSCI World Quality Dividend ESG UCITS ETF USD (Dist) (WQDV.L). 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.

HDVWQDV.LDifference
Sharpe ratioReturn per unit of total volatility
2.29
2.62

-0.32

Sortino ratioReturn per unit of downside risk
3.38
3.88

-0.50

Omega ratioGain probability vs. loss probability

1.39

1.47

-0.08

Calmar ratioReturn relative to maximum drawdown

4.30

3.95

+0.34

Martin ratioReturn relative to average drawdown

11.97

14.66

-2.69

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HDV vs. WQDV.L - Sharpe Ratio Comparison

The current HDV Sharpe Ratio is 2.29, which is comparable to the WQDV.L Sharpe Ratio of 2.62. The chart below compares the historical Sharpe Ratios of HDV and WQDV.L, 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

HDVWQDV.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.29

2.62

-0.32

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.82

0.84

-0.02

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.59

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.73

0.70

+0.03

Drawdowns

HDV vs. WQDV.L - Drawdown Comparison

The maximum HDV drawdown since its inception was -37.04%, which is greater than WQDV.L's maximum drawdown of -33.13%. Use the drawdown chart below to compare losses from any high point for HDV and WQDV.L.

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Drawdown Indicators

HDVWQDV.LDifference

Max Drawdown

Largest peak-to-trough decline

-37.04%

-33.13%

-3.91%

Max Drawdown (1Y)

Largest decline over 1 year

-5.18%

-7.76%

+2.58%

Max Drawdown (3Y)

Largest decline over 3 years

-10.49%

-14.08%

+3.59%

Max Drawdown (5Y)

Largest decline over 5 years

-15.42%

-21.26%

+5.84%

Max Drawdown (10Y)

Largest decline over 10 years

-37.04%

—

—

Current Drawdown

Current decline from peak

-1.86%

-0.26%

-1.60%

Average Drawdown

Average peak-to-trough decline

-3.09%

-4.28%

+1.19%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.86%

2.10%

-0.24%

Volatility

HDV vs. WQDV.L - Volatility Comparison

The current volatility for iShares Core High Dividend ETF (HDV) is 3.23%, while iShares MSCI World Quality Dividend ESG UCITS ETF USD (Dist) (WQDV.L) has a volatility of 3.68%. This indicates that HDV experiences smaller price fluctuations and is considered to be less risky than WQDV.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

HDVWQDV.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.23%

3.68%

-0.45%

Volatility (6M)

Calculated over the trailing 6-month period

7.54%

9.03%

-1.49%

Volatility (1Y)

Calculated over the trailing 1-year period

9.75%

11.74%

-1.99%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

12.82%

13.88%

-1.06%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.73%

14.69%

+1.04%

HDV vs. WQDV.L - Expense Ratio Comparison

HDV has a 0.08% expense ratio, which is lower than WQDV.L's 0.38% expense ratio.

Dividends

HDV vs. WQDV.L - Dividend Comparison

HDV's dividend yield for the trailing twelve months is around 2.89%, more than WQDV.L's 2.16% yield.

PositionTTM20252024202320222021202020192018201720162015
HDV
iShares Core High Dividend ETF		2.89%3.22%3.67%3.82%3.56%3.47%4.07%3.27%3.67%3.27%3.28%3.92%
WQDV.L
iShares MSCI World Quality Dividend ESG UCITS ETF USD (Dist)		2.16%2.31%2.58%2.78%2.95%2.75%2.81%3.01%3.28%0.77%0.00%0.00%

Frequently Asked Questions

HDV and WQDV.L have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, HDV is cheaper at 0.08% per year. The better choice depends on whether you care most about return, fees, risk, or income.

HDV is cheaper with a 0.08% expense ratio, compared with 0.38% for WQDV.L.

HDV is categorized as Dividend, while WQDV.L is Global Equities. HDV tracks Morningstar Dividend Yield Focus Index, while WQDV.L tracks MSCI World High Dividend Yield ESG Reduced Carbon Target Select Index. Their fees differ too: 0.08% for HDV and 0.38% for WQDV.L.

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