IBCC.DE vs. QDVE.DE
IBCC.DE (iShares $ Treasury Bond 0-1yr UCITS ETF USD (Dist)) and QDVE.DE (iShares S&P 500 Information Technology Sector UCITS ETF) are both exchange-traded funds - IBCC.DE is a Government Bonds fund tracking the ICE US Treasury Short Bond Index, 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 5 years, IBCC.DE returned 4.17%/yr vs 22.04%/yr for QDVE.DE. At a 0.06 correlation, their price movements are largely independent. IBCC.DE charges 0.07%/yr vs 0.15%/yr for QDVE.DE.
Performance
IBCC.DE vs. QDVE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, IBCC.DE achieves a 4.60% return, which is significantly lower than QDVE.DE's 19.14% return.
IBCC.DE
- 1D
- 0.23%
- 1M
- 1.87%
- 6M
- 4.60%
- YTD
- 4.60%
- 1Y
- 6.83%
- 3Y*
- 3.02%
- 5Y*
- 4.17%
- 10Y*
- —
QDVE.DE
- 1D
- 0.35%
- 1M
- -6.14%
- 6M
- 19.97%
- YTD
- 19.14%
- 1Y
- 36.05%
- 3Y*
- 28.01%
- 5Y*
- 22.04%
- 10Y*
- 25.61%
IBCC.DE vs. QDVE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
IBCC.DE iShares $ Treasury Bond 0-1yr UCITS ETF USD (Dist) | 4.60% | -7.23% | 11.42% | 1.23% | 7.25% | 8.42% | -8.13% | -8.71% |
QDVE.DE iShares S&P 500 Information Technology Sector UCITS ETF | 19.14% | 10.01% | 46.09% | 54.17% | -25.82% | 46.74% | 29.67% | 35.62% |
Correlation
The correlation between IBCC.DE and QDVE.DE is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.02 |
Correlation (All Time) Calculated using the full available price history since Feb 20, 2019 | 0.06 |
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Return for Risk
IBCC.DE vs. QDVE.DE — Risk / Return Rank
IBCC.DE
QDVE.DE
IBCC.DE vs. QDVE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares $ Treasury Bond 0-1yr UCITS ETF USD (Dist) (IBCC.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.
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.
| IBCC.DE | QDVE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.58 | ||
| Sortino ratioReturn per unit of downside risk | -0.64 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.28 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 2.10 | 2.30 | -0.20 |
| Martin ratioReturn relative to average drawdown | 4.78 | 5.80 | -1.02 |
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Drawdowns
IBCC.DE vs. QDVE.DE - Drawdown Comparison
The maximum IBCC.DE drawdown since its inception was -16.17%, smaller than the maximum QDVE.DE drawdown of -31.40%. Use the drawdown chart below to compare losses from any high point for IBCC.DE and QDVE.DE.
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Drawdown Indicators
| IBCC.DE | QDVE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.17% | -31.40% | +15.23% |
Max Drawdown (1Y)Largest decline over 1 year | -3.24% | -15.60% | +12.36% |
Max Drawdown (3Y)Largest decline over 3 years | -11.59% | -29.81% | +18.22% |
Max Drawdown (5Y)Largest decline over 5 years | -11.69% | -29.81% | +18.12% |
Max Drawdown (10Y)Largest decline over 10 years | — | -31.40% | — |
Current DrawdownCurrent decline from peak | -5.33% | -6.91% | +1.58% |
Average DrawdownAverage peak-to-trough decline | -7.99% | -5.80% | -2.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.43% | 6.20% | -4.77% |
Volatility
IBCC.DE vs. QDVE.DE - Volatility Comparison
The current volatility for iShares $ Treasury Bond 0-1yr UCITS ETF USD (Dist) (IBCC.DE) is 1.88%, while iShares S&P 500 Information Technology Sector UCITS ETF (QDVE.DE) has a volatility of 7.99%. This indicates that IBCC.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
| IBCC.DE | QDVE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.88% | 7.99% | -6.11% |
Volatility (6M)Calculated over the trailing 6-month period | 4.35% | 15.87% | -11.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.23% | 21.50% | -15.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.57% | 22.89% | -15.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.43% | 21.80% | -13.37% |
IBCC.DE vs. QDVE.DE - Expense Ratio Comparison
IBCC.DE has a 0.07% expense ratio, which is lower than QDVE.DE'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%.
Dividends
IBCC.DE vs. QDVE.DE - Dividend Comparison
IBCC.DE's dividend yield for the trailing twelve months is around 3.99%, while QDVE.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
IBCC.DE iShares $ Treasury Bond 0-1yr UCITS ETF USD (Dist) | 3.99% | 4.63% | 6.49% | 4.14% | 0.47% | 0.09% | 1.39% | 1.22% |
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% |
Frequently Asked Questions
IBCC.DE and QDVE.DE have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IBCC.DE is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IBCC.DE is cheaper with a 0.07% expense ratio, compared with 0.15% for QDVE.DE.
IBCC.DE is categorized as Government Bonds, while QDVE.DE is Technology Equities. IBCC.DE tracks ICE US Treasury Short Bond Index, while QDVE.DE tracks S&P 500 Capped 35/20 Information Technology Index. Their fees differ too: 0.07% for IBCC.DE and 0.15% for QDVE.DE.
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