NOW vs. QDVE.DE
NOW (ServiceNow, Inc) is a stock, while QDVE.DE (iShares S&P 500 Information Technology Sector UCITS ETF) is Technology Equities fund tracking the S&P 500 Capped 35/20 Information Technology Index. Over the past 10 years, NOW returned 21.87%/yr vs 26.43%/yr for QDVE.DE. At a 0.41 correlation, their price movements are largely independent.
Performance
NOW vs. QDVE.DE - Performance Comparison
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Different Trading Currencies
NOW is traded in USD, while QDVE.DE is traded in EUR. To make them comparable, the QDVE.DE values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, NOW achieves a -32.01% return, which is significantly lower than QDVE.DE's 20.31% return. Over the past 10 years, NOW has underperformed QDVE.DE with an annualized return of 21.87%, while QDVE.DE has yielded a comparatively higher 26.43% annualized return.
NOW
- 1D
- 1.96%
- 1M
- 9.55%
- YTD
- -32.01%
- 6M
- -31.95%
- 1Y
- -47.33%
- 3Y*
- -2.71%
- 5Y*
- 0.41%
- 10Y*
- 21.87%
QDVE.DE
- 1D
- 2.83%
- 1M
- 2.89%
- YTD
- 20.31%
- 6M
- 23.51%
- 1Y
- 47.71%
- 3Y*
- 31.59%
- 5Y*
- 23.44%
- 10Y*
- 26.43%
NOW vs. QDVE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NOW ServiceNow, Inc | -32.01% | -27.75% | 50.05% | 81.96% | -40.18% | 17.93% | 94.97% | 58.56% | 36.55% | 75.40% |
QDVE.DE iShares S&P 500 Information Technology Sector UCITS ETF | 20.31% | 24.19% | 37.73% | 59.04% | -29.90% | 35.16% | 42.34% | 50.64% | -1.76% | 37.99% |
Correlation
The correlation between NOW and QDVE.DE is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.34 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.42 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.41 |
Correlation (All Time) Calculated using the full available price history since Dec 2, 2015 | 0.41 |
Over the past year, the correlation between NOW and QDVE.DE has dropped to 0.17 - well below their long-term average of 0.41, suggesting their price drivers have been diverging.
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Return for Risk
NOW vs. QDVE.DE — Risk / Return Rank
NOW
QDVE.DE
NOW vs. QDVE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ServiceNow, Inc (NOW) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| NOW | QDVE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.20 | ||
| Sortino ratioReturn per unit of downside risk | -4.29 | ||
| Omega ratioGain probability vs. loss probability | 0.83 | 1.36 | -0.54 |
| Calmar ratioReturn relative to maximum drawdown | -0.79 | 2.88 | -3.67 |
| Martin ratioReturn relative to average drawdown | -1.39 | 8.51 | -9.90 |
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Drawdowns
NOW vs. QDVE.DE - Drawdown Comparison
The maximum NOW drawdown since its inception was -64.54%, which is greater than QDVE.DE's maximum drawdown of -33.59%. Use the drawdown chart below to compare losses from any high point for NOW and QDVE.DE.
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Drawdown Indicators
| NOW | QDVE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.54% | -33.59% | -30.95% |
Max Drawdown (1Y)Largest decline over 1 year | -60.28% | -16.48% | -43.80% |
Max Drawdown (3Y)Largest decline over 3 years | -64.54% | -26.14% | -38.40% |
Max Drawdown (5Y)Largest decline over 5 years | -64.54% | -33.59% | -30.95% |
Max Drawdown (10Y)Largest decline over 10 years | -64.54% | -33.59% | -30.95% |
Current DrawdownCurrent decline from peak | -55.51% | -5.05% | -50.46% |
Average DrawdownAverage peak-to-trough decline | -13.80% | -5.95% | -7.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 34.16% | 5.59% | +28.57% |
Volatility
NOW vs. QDVE.DE - Volatility Comparison
ServiceNow, Inc (NOW) has a higher volatility of 25.39% compared to iShares S&P 500 Information Technology Sector UCITS ETF (QDVE.DE) at 8.68%. This indicates that NOW'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
| NOW | QDVE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 25.39% | 8.68% | +16.71% |
Volatility (6M)Calculated over the trailing 6-month period | 47.03% | 16.22% | +30.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 50.24% | 21.14% | +29.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 43.45% | 23.54% | +19.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 40.87% | 22.08% | +18.79% |
Dividends
NOW vs. QDVE.DE - Dividend Comparison
Neither NOW nor QDVE.DE has paid dividends to shareholders.
Frequently Asked Questions
NOW and QDVE.DE have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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