IQDE vs. SPY
Compare and contrast key facts about FlexShares International Quality Dividend Defensive Index ETF (IQDE) and SPDR S&P 500 ETF (SPY).
IQDE and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IQDE is a passively managed fund by Northern Trust that tracks the performance of the Northern Trust International Quality Dividend Defensive Index. It was launched on Apr 12, 2013. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993. Both IQDE and SPY 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: IQDE or SPY.
Correlation
The correlation between IQDE and SPY 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.
Performance
IQDE vs. SPY - Performance Comparison
Key characteristics
Returns By Period
IQDE
N/A
N/A
N/A
N/A
N/A
N/A
SPY
-9.91%
-6.63%
-9.38%
7.66%
15.04%
11.54%
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IQDE vs. SPY - Expense Ratio Comparison
IQDE has a 0.47% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
IQDE vs. SPY — Risk-Adjusted Performance Rank
IQDE
SPY
IQDE vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for FlexShares International Quality Dividend Defensive Index ETF (IQDE) and SPDR S&P 500 ETF (SPY). 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
IQDE vs. SPY - Dividend Comparison
IQDE has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.36%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IQDE FlexShares International Quality Dividend Defensive Index ETF | 7.44% | 7.53% | 5.51% | 5.28% | 3.98% | 3.10% | 4.84% | 5.16% | 4.51% | 3.67% | 4.95% | 4.02% |
SPY SPDR S&P 500 ETF | 1.36% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
IQDE vs. SPY - Drawdown Comparison
Volatility
IQDE vs. SPY - Volatility Comparison
The current volatility for FlexShares International Quality Dividend Defensive Index ETF (IQDE) is 0.00%, while SPDR S&P 500 ETF (SPY) has a volatility of 14.52%. This indicates that IQDE experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.