IEFM.L vs. QDVE.DE
Compare and contrast key facts about iShares Edge MSCI Europe Momentum Factor UCITS ETF (IEFM.L) and iShares S&P 500 Information Technology Sector UCITS ETF (QDVE.DE).
IEFM.L and QDVE.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IEFM.L is a passively managed fund by iShares that tracks the performance of the MSCI Europe Growth NR EUR. It was launched on Jan 16, 2015. QDVE.DE is a passively managed fund by iShares that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on Nov 20, 2015. Both IEFM.L and QDVE.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IEFM.L or QDVE.DE.
Key characteristics
| IEFM.L | QDVE.DE | |
|---|---|---|
| YTD Return | 14.30% | 31.95% |
| 1Y Return | 22.41% | 43.78% |
| 3Y Return (Ann) | 3.71% | 17.22% |
| 5Y Return (Ann) | 9.42% | 25.00% |
| Sharpe Ratio | 0.71 | 1.97 |
| Sortino Ratio | 1.25 | 2.57 |
| Omega Ratio | 1.28 | 1.34 |
| Calmar Ratio | 1.58 | 2.57 |
| Martin Ratio | 2.56 | 8.22 |
| Ulcer Index | 8.71% | 4.90% |
| Daily Std Dev | 31.27% | 20.33% |
| Max Drawdown | -23.88% | -31.45% |
| Current Drawdown | -7.33% | -4.37% |
Correlation
The correlation between IEFM.L and QDVE.DE is 0.49, 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.
Performance
IEFM.L vs. QDVE.DE - Performance Comparison
In the year-to-date period, IEFM.L achieves a 14.30% return, which is significantly lower than QDVE.DE's 31.95% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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IEFM.L vs. QDVE.DE - Expense Ratio Comparison
IEFM.L has a 0.25% expense ratio, which is higher than QDVE.DE's 0.15% 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%.
Risk-Adjusted Performance
IEFM.L vs. QDVE.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI Europe Momentum Factor UCITS ETF (IEFM.L) 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.
Dividends
IEFM.L vs. QDVE.DE - Dividend Comparison
Neither IEFM.L nor QDVE.DE has paid dividends to shareholders.
Drawdowns
IEFM.L vs. QDVE.DE - Drawdown Comparison
The maximum IEFM.L drawdown since its inception was -23.88%, smaller than the maximum QDVE.DE drawdown of -31.45%. Use the drawdown chart below to compare losses from any high point for IEFM.L and QDVE.DE. For additional features, visit the drawdowns tool.
Volatility
IEFM.L vs. QDVE.DE - Volatility Comparison
The current volatility for iShares Edge MSCI Europe Momentum Factor UCITS ETF (IEFM.L) is 3.34%, while iShares S&P 500 Information Technology Sector UCITS ETF (QDVE.DE) has a volatility of 4.93%. This indicates that IEFM.L 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.