IESE.AS vs. QDVX.DE

Last updated Apr 3, 2026

Compare and contrast key facts about iShares MSCI Europe SRI UCITS ETF EUR (Acc) (IESE.AS) and iShares MSCI Europe Quality Dividend ESG UCITS ETF EUR (Dist) (QDVX.DE).

IESE.AS and QDVX.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IESE.AS is a passively managed fund by iShares that tracks the performance of the MSCI Europe NR EUR. It was launched on Feb 25, 2011. QDVX.DE is a passively managed fund by iShares that tracks the performance of the MSCI Europe High Dividend Yield ESG Reduced Carbon Target Select. It was launched on Jun 12, 2017. Both IESE.AS and QDVX.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.

Performance

IESE.AS vs. QDVX.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares MSCI Europe SRI UCITS ETF EUR (Acc) (IESE.AS) and iShares MSCI Europe Quality Dividend ESG UCITS ETF EUR (Dist) (QDVX.DE). The values are adjusted to include any dividend payments, if applicable.

IESE.AS vs. QDVX.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IESE.AS iShares MSCI Europe SRI UCITS ETF EUR (Acc)	-1.58%	2.40%	6.46%	16.38%	-14.87%	27.26%	3.74%	29.04%	-6.71%	3.34%
QDVX.DE iShares MSCI Europe Quality Dividend ESG UCITS ETF EUR (Dist)	0.83%	11.35%	10.70%	15.30%	1.17%	18.51%	-10.08%	26.55%	-6.29%	2.21%

Returns By Period

In the year-to-date period, IESE.AS achieves a -1.58% return, which is significantly lower than QDVX.DE's 0.83% return.

IESE.AS

• 1D: -0.06%
• 1M: -1.98%
• YTD: -1.58%
• 6M: -1.39%
• 1Y: 1.29%
• 3Y*: 4.47%
• 5Y*: 4.62%
• 10Y*: 7.50%

QDVX.DE

• 1D: -0.11%
• 1M: -1.23%
• YTD: 0.83%
• 6M: 2.83%
• 1Y: 7.25%
• 3Y*: 9.87%
• 5Y*: 9.94%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

IESE.AS vs. QDVX.DE - Expense Ratio Comparison

IESE.AS has a 0.20% expense ratio, which is lower than QDVX.DE's 0.28% expense ratio.

QDVX.DE

iShares MSCI Europe Quality Dividend ESG UCITS ETF EUR (Dist)

IESE.AS

iShares MSCI Europe SRI UCITS ETF EUR (Acc)

Return for Risk

IESE.AS vs. QDVX.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IESE.AS

IESE.AS Risk / Return Rank: 22
IESE.AS Sharpe Ratio Rank: 13
IESE.AS Sortino Ratio Rank: 12
IESE.AS Omega Ratio Rank: 13
IESE.AS Calmar Ratio Rank: 41
IESE.AS Martin Ratio Rank: 32

QDVX.DE

QDVX.DE Risk / Return Rank: 28
QDVX.DE Sharpe Ratio Rank: 27
QDVX.DE Sortino Ratio Rank: 24
QDVX.DE Omega Ratio Rank: 26
QDVX.DE Calmar Ratio Rank: 34
QDVX.DE Martin Ratio Rank: 31

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.

IESE.AS vs. QDVX.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Europe SRI UCITS ETF EUR (Acc) (IESE.AS) and iShares MSCI Europe Quality Dividend ESG UCITS ETF EUR (Dist) (QDVX.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.

	IESE.AS	QDVX.DE	Difference
Sharpe ratio Return per unit of total volatility	0.08	0.53	-0.44
Sortino ratio Return per unit of downside risk	0.21	0.76	-0.55
Omega ratio Gain probability vs. loss probability	1.03	1.12	-0.09
Calmar ratio Return relative to maximum drawdown	1.31	1.07	+0.24
Martin ratio Return relative to average drawdown	3.45	3.39	+0.06
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IESE.AS vs. QDVX.DE - Sharpe Ratio Comparison

The current IESE.AS Sharpe Ratio is 0.08, which is lower than the QDVX.DE Sharpe Ratio of 0.53. The chart below compares the historical Sharpe Ratios of IESE.AS and QDVX.DE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	IESE.AS	QDVX.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.08	0.53	-0.44
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.32	0.77	-0.46
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.48	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.47	0.50	-0.02

Correlation

The correlation between IESE.AS and QDVX.DE is 0.84, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

IESE.AS vs. QDVX.DE - Dividend Comparison

IESE.AS has not paid dividends to shareholders, while QDVX.DE's dividend yield for the trailing twelve months is around 3.40%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
IESE.AS iShares MSCI Europe SRI UCITS ETF EUR (Acc)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
QDVX.DE iShares MSCI Europe Quality Dividend ESG UCITS ETF EUR (Dist)	3.40%	3.02%	3.11%	3.58%	4.25%	4.52%	3.25%	4.45%	5.19%	1.56%

Drawdowns

IESE.AS vs. QDVX.DE - Drawdown Comparison

The maximum IESE.AS drawdown since its inception was -33.34%, smaller than the maximum QDVX.DE drawdown of -38.46%. Use the drawdown chart below to compare losses from any high point for IESE.AS and QDVX.DE.

Drawdown Indicators

	IESE.AS	QDVX.DE	Difference
Max Drawdown Largest peak-to-trough decline	-33.34%	-38.46%	+5.12%
Max Drawdown (1Y) Largest decline over 1 year	-10.05%	-9.57%	-0.48%
Max Drawdown (5Y) Largest decline over 5 years	-23.66%	-14.59%	-9.07%
Max Drawdown (10Y) Largest decline over 10 years	-33.34%	—	—
Current Drawdown Current decline from peak	-6.56%	-5.38%	-1.18%
Average Drawdown Average peak-to-trough decline	-6.18%	-4.81%	-1.37%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.82%	2.61%	+1.21%

Volatility

IESE.AS vs. QDVX.DE - Volatility Comparison

iShares MSCI Europe SRI UCITS ETF EUR (Acc) (IESE.AS) has a higher volatility of 5.53% compared to iShares MSCI Europe Quality Dividend ESG UCITS ETF EUR (Dist) (QDVX.DE) at 4.44%. This indicates that IESE.AS's price experiences larger fluctuations and is considered to be riskier than QDVX.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IESE.AS	QDVX.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.53%	4.44%	+1.09%
Volatility (6M) Calculated over the trailing 6-month period	9.41%	7.87%	+1.54%
Volatility (1Y) Calculated over the trailing 1-year period	15.06%	13.69%	+1.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.30%	12.72%	+1.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.26%	15.73%	-0.47%