IROB.DE vs. QDVE.DE
IROB.DE (L&G ROBO Global Robotics and Automation UCITS ETF) and QDVE.DE (iShares S&P 500 Information Technology Sector UCITS ETF) are both Technology Equities funds - IROB.DE tracks the ROBO-STOX® Global Robotics and Automation while QDVE.DE tracks the S&P 500 Capped 35/20 Information Technology Index. Both are passively managed. Over the past 10 years, IROB.DE returned 13.49%/yr vs 26.04%/yr for QDVE.DE. A 0.76 correlation means they provide meaningful diversification when combined. IROB.DE charges 0.80%/yr vs 0.15%/yr for QDVE.DE.
Performance
IROB.DE vs. QDVE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, IROB.DE achieves a 28.27% return, which is significantly higher than QDVE.DE's 24.06% return. Over the past 10 years, IROB.DE has underperformed QDVE.DE with an annualized return of 13.49%, while QDVE.DE has yielded a comparatively higher 26.04% annualized return.
IROB.DE
- 1D
- -1.49%
- 1M
- 6.54%
- YTD
- 28.27%
- 6M
- 25.45%
- 1Y
- 53.74%
- 3Y*
- 13.62%
- 5Y*
- 7.96%
- 10Y*
- 13.49%
QDVE.DE
- 1D
- -2.26%
- 1M
- 11.84%
- YTD
- 24.06%
- 6M
- 22.46%
- 1Y
- 48.25%
- 3Y*
- 30.81%
- 5Y*
- 25.33%
- 10Y*
- 26.04%
IROB.DE vs. QDVE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IROB.DE L&G ROBO Global Robotics and Automation UCITS ETF | 28.27% | 10.23% | 4.18% | 20.94% | -30.08% | 26.20% | 31.63% | 33.76% | -17.78% | 28.83% |
QDVE.DE iShares S&P 500 Information Technology Sector UCITS ETF | 24.06% | 9.99% | 46.12% | 54.14% | -25.83% | 46.77% | 29.69% | 53.86% | 3.04% | 21.00% |
Correlation
The correlation between IROB.DE and QDVE.DE is 0.69, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.69 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.68 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.74 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.76 |
Correlation (All Time) Calculated using the full available price history since Dec 3, 2015 | 0.76 |
The correlation between IROB.DE and QDVE.DE has been stable across timeframes, ranging from 0.68 to 0.76 - a consistent structural relationship.
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Return for Risk
IROB.DE vs. QDVE.DE — Risk / Return Rank
IROB.DE
QDVE.DE
IROB.DE vs. QDVE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for L&G ROBO Global Robotics and Automation UCITS ETF (IROB.DE) 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.
| IROB.DE | QDVE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.08 | ||
| Sortino ratioReturn per unit of downside risk | +0.29 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.39 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 3.94 | 3.14 | +0.80 |
| Martin ratioReturn relative to average drawdown | 15.02 | 8.31 | +6.71 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| IROB.DE | QDVE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.48 | 2.40 | +0.08 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.37 | 1.10 | -0.73 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.64 | 1.19 | -0.55 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.57 | 1.07 | -0.50 |
Drawdowns
IROB.DE vs. QDVE.DE - Drawdown Comparison
The maximum IROB.DE drawdown since its inception was -36.52%, which is greater than QDVE.DE's maximum drawdown of -31.45%. Use the drawdown chart below to compare losses from any high point for IROB.DE and QDVE.DE.
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Drawdown Indicators
| IROB.DE | QDVE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.52% | -31.45% | -5.07% |
Max Drawdown (1Y)Largest decline over 1 year | -13.67% | -15.59% | +1.92% |
Max Drawdown (3Y)Largest decline over 3 years | -31.95% | -29.83% | -2.12% |
Max Drawdown (5Y)Largest decline over 5 years | -36.52% | -29.83% | -6.69% |
Max Drawdown (10Y)Largest decline over 10 years | -36.52% | -31.45% | -5.07% |
Current DrawdownCurrent decline from peak | -1.77% | -3.08% | +1.31% |
Average DrawdownAverage peak-to-trough decline | -11.47% | -5.80% | -5.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.60% | 5.91% | -2.31% |
Volatility
IROB.DE vs. QDVE.DE - Volatility Comparison
L&G ROBO Global Robotics and Automation UCITS ETF (IROB.DE) has a higher volatility of 7.52% compared to iShares S&P 500 Information Technology Sector UCITS ETF (QDVE.DE) at 7.12%. This indicates that IROB.DE's price experiences larger fluctuations and is considered to be riskier than QDVE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IROB.DE | QDVE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.52% | 7.12% | +0.40% |
Volatility (6M)Calculated over the trailing 6-month period | 16.66% | 14.85% | +1.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.72% | 20.42% | +1.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.13% | 22.71% | -1.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.01% | 21.73% | -0.72% |
IROB.DE vs. QDVE.DE - Expense Ratio Comparison
IROB.DE has a 0.80% expense ratio, which is higher than QDVE.DE's 0.15% expense ratio.
Dividends
IROB.DE vs. QDVE.DE - Dividend Comparison
Neither IROB.DE nor QDVE.DE has paid dividends to shareholders.
Frequently Asked Questions
IROB.DE and QDVE.DE have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, QDVE.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
QDVE.DE is cheaper with a 0.15% expense ratio, compared with 0.80% for IROB.DE.
IROB.DE tracks ROBO-STOX® Global Robotics and Automation, while QDVE.DE tracks S&P 500 Capped 35/20 Information Technology Index. They also come from different issuers: Legal & General and iShares. Their fees differ too: 0.80% for IROB.DE and 0.15% for QDVE.DE.
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