IBCL.DE vs. QDVE.DE
IBCL.DE (iShares € Govt Bond 15-30yr UCITS ETF EUR (Dist)) and QDVE.DE (iShares S&P 500 Information Technology Sector UCITS ETF) are both exchange-traded funds - IBCL.DE is a Government Bonds fund tracking the Bloomberg Euro Government Bond 15-30 Year 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 10 years, IBCL.DE returned -2.57%/yr vs 25.61%/yr for QDVE.DE. At a 0.01 correlation, their price movements are largely independent. Both charge a 0.15% expense ratio.
Performance
IBCL.DE vs. QDVE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, IBCL.DE achieves a 1.09% return, which is significantly lower than QDVE.DE's 19.14% return. Over the past 10 years, IBCL.DE has underperformed QDVE.DE with an annualized return of -2.57%, while QDVE.DE has yielded a comparatively higher 25.61% annualized return.
IBCL.DE
- 1D
- -0.28%
- 1M
- 1.11%
- 6M
- 1.89%
- YTD
- 1.09%
- 1Y
- -1.73%
- 3Y*
- 0.28%
- 5Y*
- -7.37%
- 10Y*
- -2.57%
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%
IBCL.DE vs. QDVE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IBCL.DE iShares € Govt Bond 15-30yr UCITS ETF EUR (Dist) | 1.09% | -5.38% | -0.90% | 9.73% | -34.35% | -6.57% | 11.60% | 15.55% | 3.25% | -1.49% |
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% | 53.89% | 3.09% | 20.90% |
Correlation
The correlation between IBCL.DE and QDVE.DE is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.05 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.05 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.01 |
Correlation (All Time) Calculated using the full available price history since Dec 2, 2015 | 0.01 |
The correlation between IBCL.DE and QDVE.DE shifts across timeframes, from 0.01 (all time) to 0.17 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
IBCL.DE vs. QDVE.DE — Risk / Return Rank
IBCL.DE
QDVE.DE
IBCL.DE vs. QDVE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares € Govt Bond 15-30yr UCITS ETF EUR (Dist) (IBCL.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.
| IBCL.DE | QDVE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.86 | ||
| Sortino ratioReturn per unit of downside risk | -2.45 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 1.28 | -0.30 |
| Calmar ratioReturn relative to maximum drawdown | -0.28 | 2.30 | -2.58 |
| Martin ratioReturn relative to average drawdown | -0.58 | 5.80 | -6.38 |
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Drawdowns
IBCL.DE vs. QDVE.DE - Drawdown Comparison
The maximum IBCL.DE drawdown since its inception was -43.80%, which is greater than QDVE.DE's maximum drawdown of -31.40%. Use the drawdown chart below to compare losses from any high point for IBCL.DE and QDVE.DE.
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Drawdown Indicators
| IBCL.DE | QDVE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.80% | -31.40% | -12.40% |
Max Drawdown (1Y)Largest decline over 1 year | -6.13% | -15.60% | +9.47% |
Max Drawdown (3Y)Largest decline over 3 years | -11.97% | -29.81% | +17.84% |
Max Drawdown (5Y)Largest decline over 5 years | -42.19% | -29.81% | -12.38% |
Max Drawdown (10Y)Largest decline over 10 years | -43.80% | -31.40% | -12.40% |
Current DrawdownCurrent decline from peak | -36.74% | -6.91% | -29.83% |
Average DrawdownAverage peak-to-trough decline | -12.51% | -5.80% | -6.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.93% | 6.20% | -3.27% |
Volatility
IBCL.DE vs. QDVE.DE - Volatility Comparison
The current volatility for iShares € Govt Bond 15-30yr UCITS ETF EUR (Dist) (IBCL.DE) is 2.18%, while iShares S&P 500 Information Technology Sector UCITS ETF (QDVE.DE) has a volatility of 7.99%. This indicates that IBCL.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
| IBCL.DE | QDVE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.18% | 7.99% | -5.81% |
Volatility (6M)Calculated over the trailing 6-month period | 7.15% | 15.87% | -8.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.15% | 21.50% | -12.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.67% | 22.89% | -9.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.50% | 21.80% | -10.30% |
IBCL.DE vs. QDVE.DE - Expense Ratio Comparison
Both IBCL.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
IBCL.DE vs. QDVE.DE - Dividend Comparison
IBCL.DE's dividend yield for the trailing twelve months is around 3.63%, while QDVE.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IBCL.DE iShares € Govt Bond 15-30yr UCITS ETF EUR (Dist) | 3.63% | 3.53% | 3.19% | 2.64% | 1.31% | 0.53% | 0.74% | 1.26% | 1.50% | 1.35% | 1.47% | 1.83% |
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
IBCL.DE and QDVE.DE have a correlation of 0.17, 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.
IBCL.DE and QDVE.DE have the same expense ratio: 0.15% per year.
IBCL.DE is categorized as Government Bonds, while QDVE.DE is Technology Equities. IBCL.DE tracks Bloomberg Euro Government Bond 15-30 Year Index, while QDVE.DE tracks S&P 500 Capped 35/20 Information Technology Index.
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