LQQ.PA vs. QDVE.DE
Compare and contrast key facts about Lyxor UCITS NASDAQ-100 Daily Leverage (LQQ.PA) and iShares S&P 500 Information Technology Sector UCITS ETF (QDVE.DE).
LQQ.PA and QDVE.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. LQQ.PA is a passively managed fund by Amundi that tracks the performance of the Nasdaq 100® Leverage (2x) index. It was launched on Jun 27, 2006. QDVE.DE is a passively managed fund by iShares that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on Nov 20, 2015. Both LQQ.PA and QDVE.DE 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: LQQ.PA or QDVE.DE.
Key characteristics
| LQQ.PA | QDVE.DE | |
|---|---|---|
| YTD Return | 52.56% | 40.47% |
| 1Y Return | 73.70% | 46.59% |
| 3Y Return (Ann) | 10.81% | 19.25% |
| 5Y Return (Ann) | 33.07% | 25.94% |
| Sharpe Ratio | 2.03 | 2.17 |
| Sortino Ratio | 2.53 | 2.81 |
| Omega Ratio | 1.35 | 1.38 |
| Calmar Ratio | 2.61 | 2.87 |
| Martin Ratio | 8.13 | 9.15 |
| Ulcer Index | 8.07% | 4.90% |
| Daily Std Dev | 32.28% | 20.61% |
| Max Drawdown | -75.86% | -31.45% |
| Current Drawdown | 0.00% | -0.32% |
Correlation
The correlation between LQQ.PA and QDVE.DE is 0.90, 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.
Performance
LQQ.PA vs. QDVE.DE - Performance Comparison
In the year-to-date period, LQQ.PA achieves a 52.56% return, which is significantly higher than QDVE.DE's 40.47% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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LQQ.PA vs. QDVE.DE - Expense Ratio Comparison
LQQ.PA has a 0.60% expense ratio, which is higher than QDVE.DE's 0.15% expense ratio.
Risk-Adjusted Performance
LQQ.PA vs. QDVE.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Lyxor UCITS NASDAQ-100 Daily Leverage (LQQ.PA) 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.
Dividends
LQQ.PA vs. QDVE.DE - Dividend Comparison
Neither LQQ.PA nor QDVE.DE has paid dividends to shareholders.
Drawdowns
LQQ.PA vs. QDVE.DE - Drawdown Comparison
The maximum LQQ.PA drawdown since its inception was -75.86%, 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 LQQ.PA and QDVE.DE. For additional features, visit the drawdowns tool.
Volatility
LQQ.PA vs. QDVE.DE - Volatility Comparison
Lyxor UCITS NASDAQ-100 Daily Leverage (LQQ.PA) has a higher volatility of 9.48% compared to iShares S&P 500 Information Technology Sector UCITS ETF (QDVE.DE) at 5.58%. This indicates that LQQ.PA'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.