IQDY vs. QLV
Compare and contrast key facts about FlexShares International Quality Dividend Dynamic Index Fund (IQDY) and FlexShares US Quality Low Volatility Index Fund (QLV).
IQDY and QLV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IQDY is a passively managed fund by Northern Trust that tracks the performance of the Northern Trust International Quality Dividend Dynamic Index. It was launched on Apr 12, 2013. 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 IQDY 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
IQDY vs. QLV - Performance Comparison
Loading graphics...
IQDY vs. QLV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
IQDY FlexShares International Quality Dividend Dynamic Index Fund | 3.79% | 37.44% | 5.97% | 23.45% | -15.78% | 12.00% | 9.54% | 10.12% |
QLV FlexShares US Quality Low Volatility Index Fund | 0.10% | 12.28% | 18.08% | 13.71% | -9.97% | 26.08% | 9.63% | 6.24% |
Returns By Period
In the year-to-date period, IQDY achieves a 3.79% return, which is significantly higher than QLV's 0.10% return.
IQDY
- 1D
- 3.03%
- 1M
- -6.22%
- YTD
- 3.79%
- 6M
- 12.76%
- 1Y
- 35.12%
- 3Y*
- 19.63%
- 5Y*
- 10.02%
- 10Y*
- 10.52%
QLV
- 1D
- 1.54%
- 1M
- -3.92%
- YTD
- 0.10%
- 6M
- 0.74%
- 1Y
- 10.86%
- 3Y*
- 13.76%
- 5Y*
- 10.52%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
IQDY vs. QLV - Expense Ratio Comparison
IQDY has a 0.47% expense ratio, which is higher than QLV's 0.22% expense ratio.
Return for Risk
IQDY vs. QLV — Risk / Return Rank
IQDY
QLV
IQDY vs. QLV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for FlexShares International Quality Dividend Dynamic Index Fund (IQDY) 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.
| IQDY | QLV | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.91 | 0.86 | +1.05 |
Sortino ratioReturn per unit of downside risk | 2.59 | 1.31 | +1.28 |
Omega ratioGain probability vs. loss probability | 1.39 | 1.19 | +0.19 |
Calmar ratioReturn relative to maximum drawdown | 2.73 | 1.19 | +1.54 |
Martin ratioReturn relative to average drawdown | 11.91 | 6.18 | +5.73 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| IQDY | QLV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.91 | 0.86 | +1.05 |
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 | 0.58 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.45 | 0.65 | -0.20 |
Correlation
The correlation between IQDY and QLV is 0.66, 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
IQDY vs. QLV - Dividend Comparison
IQDY's dividend yield for the trailing twelve months is around 3.14%, more than QLV's 1.60% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IQDY FlexShares International Quality Dividend Dynamic Index Fund | 3.14% | 3.26% | 6.95% | 6.45% | 5.52% | 3.89% | 2.62% | 3.85% | 5.97% | 3.57% | 3.77% | 4.08% |
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
IQDY vs. QLV - Drawdown Comparison
The maximum IQDY drawdown since its inception was -39.60%, which is greater than QLV's maximum drawdown of -33.71%. Use the drawdown chart below to compare losses from any high point for IQDY and QLV.
Loading graphics...
Drawdown Indicators
| IQDY | QLV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.60% | -33.71% | -5.89% |
Max Drawdown (1Y)Largest decline over 1 year | -12.52% | -9.75% | -2.77% |
Max Drawdown (5Y)Largest decline over 5 years | -33.03% | -17.93% | -15.10% |
Max Drawdown (10Y)Largest decline over 10 years | -39.60% | — | — |
Current DrawdownCurrent decline from peak | -6.97% | -4.29% | -2.68% |
Average DrawdownAverage peak-to-trough decline | -9.21% | -4.08% | -5.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.87% | 1.88% | +0.99% |
Volatility
IQDY vs. QLV - Volatility Comparison
FlexShares International Quality Dividend Dynamic Index Fund (IQDY) has a higher volatility of 8.49% compared to FlexShares US Quality Low Volatility Index Fund (QLV) at 3.18%. This indicates that IQDY'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
| IQDY | QLV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.49% | 3.18% | +5.31% |
Volatility (6M)Calculated over the trailing 6-month period | 11.93% | 5.81% | +6.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.52% | 12.74% | +5.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.61% | 12.73% | +4.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.34% | 16.75% | +1.59% |