MVEW.DE vs. QDVE.DE
MVEW.DE (iShares Edge MSCI World Minimum Volatility ESG UCITS ETF (Acc)) and QDVE.DE (iShares S&P 500 Information Technology Sector UCITS ETF) are both exchange-traded funds - MVEW.DE is a Global Equities fund tracking the MSCI ACWI NR USD, while QDVE.DE is a Technology Equities fund tracking the S&P 500 Capped 35/20 Information Technology Index. Both are passively managed. Over the past 5 years, MVEW.DE returned 6.47%/yr vs 25.33%/yr for QDVE.DE. A 0.52 correlation means they provide meaningful diversification when combined. MVEW.DE charges 0.30%/yr vs 0.15%/yr for QDVE.DE.
Performance
MVEW.DE vs. QDVE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, MVEW.DE achieves a 1.17% return, which is significantly lower than QDVE.DE's 24.06% return.
MVEW.DE
- 1D
- 0.07%
- 1M
- 2.04%
- YTD
- 1.17%
- 6M
- 1.03%
- 1Y
- 0.94%
- 3Y*
- 6.53%
- 5Y*
- 6.47%
- 10Y*
- —
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%
MVEW.DE vs. QDVE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
MVEW.DE iShares Edge MSCI World Minimum Volatility ESG UCITS ETF (Acc) | 1.17% | -0.99% | 17.25% | 6.27% | -5.98% | 26.26% | 1.55% |
QDVE.DE iShares S&P 500 Information Technology Sector UCITS ETF | 24.06% | 9.99% | 46.12% | 54.14% | -25.83% | 46.77% | 30.41% |
Correlation
The correlation between MVEW.DE and QDVE.DE is 0.10, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.29 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.46 |
Correlation (All Time) Calculated using the full available price history since Apr 24, 2020 | 0.52 |
Over the past year, the correlation between MVEW.DE and QDVE.DE has dropped to 0.10 - well below their long-term average of 0.52, suggesting their price drivers have been diverging.
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Return for Risk
MVEW.DE vs. QDVE.DE — Risk / Return Rank
MVEW.DE
QDVE.DE
MVEW.DE vs. QDVE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI World Minimum Volatility ESG UCITS ETF (Acc) (MVEW.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.
| MVEW.DE | QDVE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.34 | ||
| Sortino ratioReturn per unit of downside risk | -2.96 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 1.39 | -0.37 |
| Calmar ratioReturn relative to maximum drawdown | 0.10 | 3.14 | -3.05 |
| Martin ratioReturn relative to average drawdown | 0.20 | 8.31 | -8.11 |
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
| MVEW.DE | QDVE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.06 | 2.40 | -2.34 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.62 | 1.10 | -0.48 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 1.19 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.63 | 1.07 | -0.44 |
Drawdowns
MVEW.DE vs. QDVE.DE - Drawdown Comparison
The maximum MVEW.DE drawdown since its inception was -13.19%, smaller than the maximum QDVE.DE drawdown of -31.45%. Use the drawdown chart below to compare losses from any high point for MVEW.DE and QDVE.DE.
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Drawdown Indicators
| MVEW.DE | QDVE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.19% | -31.45% | +18.26% |
Max Drawdown (1Y)Largest decline over 1 year | -4.68% | -15.59% | +10.91% |
Max Drawdown (3Y)Largest decline over 3 years | -13.19% | -29.83% | +16.64% |
Max Drawdown (5Y)Largest decline over 5 years | -13.19% | -29.83% | +16.64% |
Max Drawdown (10Y)Largest decline over 10 years | — | -31.45% | — |
Current DrawdownCurrent decline from peak | -5.75% | -3.08% | -2.67% |
Average DrawdownAverage peak-to-trough decline | -3.83% | -5.80% | +1.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.27% | 5.91% | -3.64% |
Volatility
MVEW.DE vs. QDVE.DE - Volatility Comparison
The current volatility for iShares Edge MSCI World Minimum Volatility ESG UCITS ETF (Acc) (MVEW.DE) is 2.58%, while iShares S&P 500 Information Technology Sector UCITS ETF (QDVE.DE) has a volatility of 7.12%. This indicates that MVEW.DE experiences smaller price fluctuations and is considered to be less risky 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
| MVEW.DE | QDVE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.58% | 7.12% | -4.54% |
Volatility (6M)Calculated over the trailing 6-month period | 5.42% | 14.85% | -9.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.97% | 20.42% | -12.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.25% | 22.71% | -12.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.82% | 21.73% | -10.91% |
MVEW.DE vs. QDVE.DE - Expense Ratio Comparison
MVEW.DE has a 0.30% expense ratio, which is higher than QDVE.DE's 0.15% expense ratio.
Dividends
MVEW.DE vs. QDVE.DE - Dividend Comparison
Neither MVEW.DE nor QDVE.DE has paid dividends to shareholders.
Frequently Asked Questions
MVEW.DE and QDVE.DE have a correlation of 0.10, 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 0.30% for MVEW.DE.
MVEW.DE is categorized as Global Equities, while QDVE.DE is Technology Equities. MVEW.DE tracks MSCI ACWI NR USD, while QDVE.DE tracks S&P 500 Capped 35/20 Information Technology Index. Their fees differ too: 0.30% for MVEW.DE and 0.15% for QDVE.DE.
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