IUSM.DE vs. QDVP.DE
IUSM.DE (iShares USD Treasury Bond 7-10yr UCITS ETF (Dist)) and QDVP.DE (iShares US Mortgage Backed Securities UCITS ETF) are both exchange-traded funds - IUSM.DE is a Government Bonds fund tracking the ICE US Treasury 7-10 Year, while QDVP.DE is a Mortgage Backed Securities fund tracking the Bloomberg US Mortgage Backed Securities Index. Both are passively managed. Over the past 10 years, IUSM.DE returned 0.29%/yr vs 0.86%/yr for QDVP.DE. Their correlation of 0.88 suggests significant overlap in exposure. IUSM.DE charges 0.07%/yr vs 0.28%/yr for QDVP.DE.
Performance
IUSM.DE vs. QDVP.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IUSM.DE achieves a 0.22% return, which is significantly lower than QDVP.DE's 1.51% return. Over the past 10 years, IUSM.DE has underperformed QDVP.DE with an annualized return of 0.29%, while QDVP.DE has yielded a comparatively higher 0.86% annualized return.
IUSM.DE
- 1D
- 0.13%
- 1M
- 0.34%
- YTD
- 0.22%
- 6M
- -0.62%
- 1Y
- 1.33%
- 3Y*
- -0.48%
- 5Y*
- -0.31%
- 10Y*
- 0.29%
QDVP.DE
- 1D
- 0.04%
- 1M
- 0.87%
- YTD
- 1.51%
- 6M
- 1.20%
- 1Y
- 4.26%
- 3Y*
- 1.34%
- 5Y*
- 1.05%
- 10Y*
- 0.86%
IUSM.DE vs. QDVP.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IUSM.DE iShares USD Treasury Bond 7-10yr UCITS ETF (Dist) | 0.22% | -4.06% | 5.00% | -0.24% | -9.67% | 4.92% | -0.18% | 11.27% | 4.84% | -10.05% |
QDVP.DE iShares US Mortgage Backed Securities UCITS ETF | 1.51% | -3.56% | 7.02% | 0.27% | -6.06% | 6.72% | -5.61% | 9.05% | 4.99% | -10.02% |
Correlation
The correlation between IUSM.DE and QDVP.DE is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.90 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.94 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.90 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.88 |
Correlation (All Time) Calculated using the full available price history since May 30, 2016 | 0.88 |
The correlation between IUSM.DE and QDVP.DE has been stable across timeframes, ranging from 0.88 to 0.94 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IUSM.DE vs. QDVP.DE — Risk / Return Rank
IUSM.DE
QDVP.DE
IUSM.DE vs. QDVP.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares USD Treasury Bond 7-10yr UCITS ETF (Dist) (IUSM.DE) and iShares US Mortgage Backed Securities UCITS ETF (QDVP.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.
| IUSM.DE | QDVP.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.53 | ||
| Sortino ratioReturn per unit of downside risk | -0.78 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.14 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 0.30 | 1.23 | -0.93 |
| Martin ratioReturn relative to average drawdown | 0.74 | 3.10 | -2.36 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| IUSM.DE | QDVP.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.23 | 0.75 | -0.53 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.03 | 0.13 | -0.16 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.03 | 0.11 | -0.08 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.27 | 0.09 | +0.18 |
Drawdowns
IUSM.DE vs. QDVP.DE - Drawdown Comparison
The maximum IUSM.DE drawdown since its inception was -21.40%, which is greater than QDVP.DE's maximum drawdown of -16.57%. Use the drawdown chart below to compare losses from any high point for IUSM.DE and QDVP.DE.
Loading charts...
Drawdown Indicators
| IUSM.DE | QDVP.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.40% | -16.57% | -4.83% |
Max Drawdown (1Y)Largest decline over 1 year | -4.45% | -3.46% | -0.99% |
Max Drawdown (3Y)Largest decline over 3 years | -10.86% | -11.15% | +0.29% |
Max Drawdown (5Y)Largest decline over 5 years | -15.69% | -14.91% | -0.78% |
Max Drawdown (10Y)Largest decline over 10 years | -21.40% | -16.57% | -4.83% |
Current DrawdownCurrent decline from peak | -17.38% | -7.63% | -9.75% |
Average DrawdownAverage peak-to-trough decline | -10.30% | -7.72% | -2.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.79% | 1.37% | +0.42% |
Volatility
IUSM.DE vs. QDVP.DE - Volatility Comparison
iShares USD Treasury Bond 7-10yr UCITS ETF (Dist) (IUSM.DE) has a higher volatility of 1.14% compared to iShares US Mortgage Backed Securities UCITS ETF (QDVP.DE) at 0.92%. This indicates that IUSM.DE's price experiences larger fluctuations and is considered to be riskier than QDVP.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IUSM.DE | QDVP.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.14% | 0.92% | +0.22% |
Volatility (6M)Calculated over the trailing 6-month period | 4.00% | 4.07% | -0.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.78% | 5.62% | +0.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.96% | 8.15% | +0.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.33% | 7.56% | +0.77% |
IUSM.DE vs. QDVP.DE - Expense Ratio Comparison
IUSM.DE has a 0.07% expense ratio, which is lower than QDVP.DE's 0.28% expense ratio.
Dividends
IUSM.DE vs. QDVP.DE - Dividend Comparison
IUSM.DE's dividend yield for the trailing twelve months is around 3.72%, more than QDVP.DE's 3.58% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IUSM.DE iShares USD Treasury Bond 7-10yr UCITS ETF (Dist) | 3.72% | 3.73% | 3.65% | 2.91% | 1.93% | 0.96% | 1.53% | 2.24% | 2.07% | 1.83% | 1.66% | 1.84% |
QDVP.DE iShares US Mortgage Backed Securities UCITS ETF | 3.58% | 3.63% | 3.51% | 3.27% | 2.45% | 2.19% | 2.69% | 2.99% | 3.03% | 3.04% | 1.54% | 0.00% |
Frequently Asked Questions
With a correlation of 0.90, IUSM.DE and QDVP.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, IUSM.DE is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IUSM.DE is cheaper with a 0.07% expense ratio, compared with 0.28% for QDVP.DE.
IUSM.DE is categorized as Government Bonds, while QDVP.DE is Mortgage Backed Securities. IUSM.DE tracks ICE US Treasury 7-10 Year, while QDVP.DE tracks Bloomberg US Mortgage Backed Securities Index. Their fees differ too: 0.07% for IUSM.DE and 0.28% for QDVP.DE.
Find the right allocation for IUSM.DE and QDVP.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer