IQDF vs. FDD
Compare and contrast key facts about FlexShares International Quality Dividend Index Fund (IQDF) and First Trust STOXX European Select Dividend Index Fund (FDD).
IQDF and FDD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IQDF is a passively managed fund by Northern Trust that tracks the performance of the Northern Trust International Quality Dividend Index. It was launched on Apr 12, 2013. FDD is a passively managed fund by First Trust that tracks the performance of the STOXX Europe Select Dividend 30. It was launched on Aug 27, 2007. Both IQDF and FDD 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: IQDF or FDD.
Performance
IQDF vs. FDD - Performance Comparison
Returns By Period
In the year-to-date period, IQDF achieves a 7.55% return, which is significantly higher than FDD's 0.61% return. Over the past 10 years, IQDF has outperformed FDD with an annualized return of 3.75%, while FDD has yielded a comparatively lower 3.28% annualized return.
IQDF
7.55%
-4.80%
-1.40%
14.75%
5.70%
3.75%
FDD
0.61%
-3.82%
-2.82%
9.90%
2.50%
3.28%
Key characteristics
| IQDF | FDD | |
|---|---|---|
| Sharpe Ratio | 1.10 | 0.68 |
| Sortino Ratio | 1.58 | 0.97 |
| Omega Ratio | 1.19 | 1.12 |
| Calmar Ratio | 1.74 | 0.36 |
| Martin Ratio | 5.78 | 2.31 |
| Ulcer Index | 2.46% | 4.09% |
| Daily Std Dev | 12.97% | 13.97% |
| Max Drawdown | -39.83% | -74.76% |
| Current Drawdown | -8.03% | -18.46% |
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IQDF vs. FDD - Expense Ratio Comparison
IQDF has a 0.47% expense ratio, which is lower than FDD's 0.58% expense ratio.
Correlation
The correlation between IQDF and FDD 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.
Risk-Adjusted Performance
IQDF vs. FDD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for FlexShares International Quality Dividend Index Fund (IQDF) and First Trust STOXX European Select Dividend Index Fund (FDD). 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
IQDF vs. FDD - Dividend Comparison
IQDF's dividend yield for the trailing twelve months is around 4.86%, less than FDD's 6.51% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IQDF FlexShares International Quality Dividend Index Fund | 4.86% | 6.06% | 5.59% | 4.13% | 3.16% | 4.46% | 5.77% | 3.89% | 3.75% | 4.27% | 4.36% | 1.59% |
FDD First Trust STOXX European Select Dividend Index Fund | 6.51% | 6.85% | 6.07% | 3.44% | 4.00% | 4.70% | 5.05% | 2.77% | 4.88% | 4.36% | 4.31% | 3.63% |
Drawdowns
IQDF vs. FDD - Drawdown Comparison
The maximum IQDF drawdown since its inception was -39.83%, smaller than the maximum FDD drawdown of -74.76%. Use the drawdown chart below to compare losses from any high point for IQDF and FDD. For additional features, visit the drawdowns tool.
Volatility
IQDF vs. FDD - Volatility Comparison
The current volatility for FlexShares International Quality Dividend Index Fund (IQDF) is 4.07%, while First Trust STOXX European Select Dividend Index Fund (FDD) has a volatility of 5.01%. This indicates that IQDF experiences smaller price fluctuations and is considered to be less risky than FDD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.