IUCM.L vs. QDVK.DE
IUCM.L (iShares S&P 500 Communication Sector UCITS ETF USD Acc) and QDVK.DE (iShares S&P 500 Consumer Discretionary Sector UCITS ETF (Acc)) are both exchange-traded funds - IUCM.L is a Communications Equities fund tracking the MSCI World/Comm Services NR USD, while QDVK.DE is a Consumer Staples Equities fund tracking the S&P 500 Capped 35/20 Consumer Discretionary. Both are passively managed. Over the past 5 years, IUCM.L returned 11.39%/yr vs 8.11%/yr for QDVK.DE. A 0.67 correlation means they provide meaningful diversification when combined. Both charge a 0.15% expense ratio.
Performance
IUCM.L vs. QDVK.DE - Performance Comparison
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Different Trading Currencies
IUCM.L is traded in USD, while QDVK.DE is traded in EUR. To make them comparable, the QDVK.DE values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, IUCM.L achieves a 1.60% return, which is significantly higher than QDVK.DE's -1.26% return.
IUCM.L
- 1D
- 1.51%
- 1M
- -2.81%
- YTD
- 1.60%
- 6M
- 1.52%
- 1Y
- 20.87%
- 3Y*
- 27.10%
- 5Y*
- 11.39%
- 10Y*
- —
QDVK.DE
- 1D
- 0.46%
- 1M
- -1.81%
- YTD
- -1.26%
- 6M
- -0.36%
- 1Y
- 11.41%
- 3Y*
- 16.92%
- 5Y*
- 8.11%
- 10Y*
- 12.91%
IUCM.L vs. QDVK.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
IUCM.L iShares S&P 500 Communication Sector UCITS ETF USD Acc | 1.60% | 26.48% | 38.98% | 55.75% | -40.54% | 22.36% | 22.64% | 30.83% | -10.96% |
QDVK.DE iShares S&P 500 Consumer Discretionary Sector UCITS ETF (Acc) | -1.26% | 7.13% | 30.68% | 43.29% | -37.46% | 24.80% | 32.64% | 29.09% | -16.06% |
Correlation
The correlation between IUCM.L and QDVK.DE is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.46 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.57 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.65 |
Correlation (All Time) Calculated using the full available price history since Sep 20, 2018 | 0.67 |
Over the past year, the correlation between IUCM.L and QDVK.DE has dropped to 0.46 - well below their long-term average of 0.67, suggesting their price drivers have been diverging.
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Return for Risk
IUCM.L vs. QDVK.DE — Risk / Return Rank
IUCM.L
QDVK.DE
IUCM.L vs. QDVK.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares S&P 500 Communication Sector UCITS ETF USD Acc (IUCM.L) and iShares S&P 500 Consumer Discretionary Sector UCITS ETF (Acc) (QDVK.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.
| IUCM.L | QDVK.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.81 | ||
| Sortino ratioReturn per unit of downside risk | +1.23 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.12 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 2.14 | 0.80 | +1.34 |
| Martin ratioReturn relative to average drawdown | 7.78 | 2.43 | +5.36 |
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
| IUCM.L | QDVK.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.46 | 0.65 | +0.81 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.57 | 0.35 | +0.22 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.61 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.73 | 0.57 | +0.16 |
Drawdowns
IUCM.L vs. QDVK.DE - Drawdown Comparison
The maximum IUCM.L drawdown since its inception was -47.32%, which is greater than QDVK.DE's maximum drawdown of -40.75%. Use the drawdown chart below to compare losses from any high point for IUCM.L and QDVK.DE.
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Drawdown Indicators
| IUCM.L | QDVK.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.32% | -40.75% | -6.57% |
Max Drawdown (1Y)Largest decline over 1 year | -9.71% | -14.80% | +5.09% |
Max Drawdown (3Y)Largest decline over 3 years | -18.79% | -27.40% | +8.61% |
Max Drawdown (5Y)Largest decline over 5 years | -47.32% | -40.75% | -6.57% |
Max Drawdown (10Y)Largest decline over 10 years | — | -40.75% | — |
Current DrawdownCurrent decline from peak | -4.70% | -4.75% | +0.05% |
Average DrawdownAverage peak-to-trough decline | -10.21% | -8.83% | -1.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.67% | 4.88% | -2.21% |
Volatility
IUCM.L vs. QDVK.DE - Volatility Comparison
The current volatility for iShares S&P 500 Communication Sector UCITS ETF USD Acc (IUCM.L) is 4.40%, while iShares S&P 500 Consumer Discretionary Sector UCITS ETF (Acc) (QDVK.DE) has a volatility of 5.86%. This indicates that IUCM.L experiences smaller price fluctuations and is considered to be less risky than QDVK.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IUCM.L | QDVK.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.40% | 5.86% | -1.46% |
Volatility (6M)Calculated over the trailing 6-month period | 10.34% | 13.77% | -3.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.28% | 18.21% | -3.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.96% | 22.59% | -2.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.34% | 20.95% | -0.61% |
IUCM.L vs. QDVK.DE - Expense Ratio Comparison
Both IUCM.L and QDVK.DE have an expense ratio of 0.15%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
IUCM.L vs. QDVK.DE - Dividend Comparison
Neither IUCM.L nor QDVK.DE has paid dividends to shareholders.
Frequently Asked Questions
IUCM.L and QDVK.DE have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.15% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
IUCM.L and QDVK.DE have the same expense ratio: 0.15% per year.
IUCM.L is categorized as Communications Equities, while QDVK.DE is Consumer Staples Equities. IUCM.L tracks MSCI World/Comm Services NR USD, while QDVK.DE tracks S&P 500 Capped 35/20 Consumer Discretionary.
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