PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
IDLV vs. QLV
Performance
Return for Risk
Dividends
Drawdowns
Volatility

IDLV vs. QLV

Last updated Apr 2, 2026

Compare and contrast key facts about Invesco S&P International Developed Low Volatility ETF (IDLV) and FlexShares US Quality Low Volatility Index Fund (QLV).

IDLV and QLV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IDLV is a passively managed fund by Invesco that tracks the performance of the S&P BMI International Developed Low Volatility Index. It was launched on Jan 13, 2012. QLV is a passively managed fund by Northern Trust that tracks the performance of the Northern Trust Quality Low Volatility Index. It was launched on Jul 15, 2019. Both IDLV and QLV are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

IDLV vs. QLV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco S&P International Developed Low Volatility ETF (IDLV) and FlexShares US Quality Low Volatility Index Fund (QLV). The values are adjusted to include any dividend payments, if applicable.

Loading graphics...

IDLV vs. QLV - Yearly Performance Comparison

2026 (YTD)2025202420232022202120202019
IDLV
Invesco S&P International Developed Low Volatility ETF		3.33%27.77%2.15%9.18%-12.21%9.76%-9.78%4.07%
QLV
FlexShares US Quality Low Volatility Index Fund		0.29%12.28%18.08%13.71%-9.97%26.08%9.63%6.24%

Returns By Period

In the year-to-date period, IDLV achieves a 3.33% return, which is significantly higher than QLV's 0.29% return.

IDLV

1D
0.83%
1M
-3.85%
YTD
3.33%
6M
6.50%
1Y
19.67%
3Y*
12.50%
5Y*
6.65%
10Y*
5.50%

QLV

1D
0.19%
1M
-4.10%
YTD
0.29%
6M
0.78%
1Y
11.23%
3Y*
13.83%
5Y*
10.56%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

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

Invesco S&P International Developed Low Volatility ETF

FlexShares US Quality Low Volatility Index Fund

Often compared with IDLV:
IDLV vs. XMU.TOIDLV vs. SCHYIDLV vs. SPLVIDLV vs. LVHIIDLV vs. VIGIIDLV vs. ACWVIDLV vs. QLVD
Often compared with QLV:
QLV vs. XRLVQLV vs. IUSQLV vs. USMVQLV vs. VOOQLV vs. PBJQLV vs. VMVFXQLV vs. ^GSPC

IDLV vs. QLV - Expense Ratio Comparison

IDLV has a 0.25% expense ratio, which is higher than QLV's 0.22% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

IDLV
Invesco S&P International Developed Low Volatility ETF
QLV
FlexShares US Quality Low Volatility Index Fund

Return for Risk

IDLV vs. QLV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IDLV
IDLV Risk / Return Rank: 8181
Overall Rank
IDLV Sharpe Ratio Rank: 8080
Sharpe Ratio Rank
IDLV Sortino Ratio Rank: 8282
Sortino Ratio Rank
IDLV Omega Ratio Rank: 8181
Omega Ratio Rank
IDLV Calmar Ratio Rank: 8181
Calmar Ratio Rank
IDLV Martin Ratio Rank: 8080
Martin Ratio Rank
QLV
QLV Risk / Return Rank: 4848
Overall Rank
QLV Sharpe Ratio Rank: 4545
Sharpe Ratio Rank
QLV Sortino Ratio Rank: 4747
Sortino Ratio Rank
QLV Omega Ratio Rank: 5050
Omega Ratio Rank
QLV Calmar Ratio Rank: 4141
Calmar Ratio Rank
QLV Martin Ratio Rank: 5656
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.

IDLV vs. QLV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P International Developed Low Volatility ETF (IDLV) and FlexShares US Quality Low Volatility Index Fund (QLV). 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.

IDLVQLVDifference

Sharpe ratio

Return per unit of total volatility

1.58

0.89

+0.69

Sortino ratio

Return per unit of downside risk

2.20

1.35

+0.85

Omega ratio

Gain probability vs. loss probability

1.33

1.20

+0.13

Calmar ratio

Return relative to maximum drawdown

2.45

1.14

+1.31

Martin ratio

Return relative to average drawdown

9.22

5.85

+3.37

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

IDLV vs. QLV - Sharpe Ratio Comparison

The current IDLV Sharpe Ratio is 1.58, which is higher than the QLV Sharpe Ratio of 0.89. The chart below compares the historical Sharpe Ratios of IDLV and QLV, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Loading graphics...

Sharpe Ratios by Period

IDLVQLVDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.58

0.89

+0.69

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.57

0.83

-0.26

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.41

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.46

0.65

-0.19

Correlation

The correlation between IDLV and QLV is 0.69, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

IDLV vs. QLV - Dividend Comparison

IDLV's dividend yield for the trailing twelve months is around 4.66%, more than QLV's 1.60% yield.

TTM20252024202320222021202020192018201720162015
IDLV
Invesco S&P International Developed Low Volatility ETF		4.66%4.63%3.41%3.59%4.69%2.99%2.30%4.92%3.94%3.05%3.92%3.93%
QLV
FlexShares US Quality Low Volatility Index Fund		1.60%1.60%1.66%1.60%1.74%0.96%1.24%0.58%0.00%0.00%0.00%0.00%

Drawdowns

IDLV vs. QLV - Drawdown Comparison

The maximum IDLV drawdown since its inception was -34.65%, roughly equal to the maximum QLV drawdown of -33.71%. Use the drawdown chart below to compare losses from any high point for IDLV and QLV.

Loading graphics...

Drawdown Indicators

IDLVQLVDifference

Max Drawdown

Largest peak-to-trough decline

-34.65%

-33.71%

-0.94%

Max Drawdown (1Y)

Largest decline over 1 year

-8.26%

-9.75%

+1.49%

Max Drawdown (5Y)

Largest decline over 5 years

-22.52%

-17.93%

-4.59%

Max Drawdown (10Y)

Largest decline over 10 years

-34.65%

—

—

Current Drawdown

Current decline from peak

-5.05%

-4.10%

-0.95%

Average Drawdown

Average peak-to-trough decline

-5.97%

-4.08%

-1.89%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.19%

1.89%

+0.30%

Volatility

IDLV vs. QLV - Volatility Comparison

Invesco S&P International Developed Low Volatility ETF (IDLV) has a higher volatility of 4.21% compared to FlexShares US Quality Low Volatility Index Fund (QLV) at 3.18%. This indicates that IDLV's price experiences larger fluctuations and is considered to be riskier than QLV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading graphics...

Volatility by Period

IDLVQLVDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.21%

3.18%

+1.03%

Volatility (6M)

Calculated over the trailing 6-month period

7.12%

5.76%

+1.36%

Volatility (1Y)

Calculated over the trailing 1-year period

12.50%

12.73%

-0.23%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

11.73%

12.73%

-1.00%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

13.38%

16.74%

-3.36%