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PLNUSD=X vs. QDVE.DE
Performance
Return for Risk
Drawdowns
Volatility

PLNUSD=X vs. QDVE.DE

Last updated Jun 6, 2026

PLNUSD=X (PLN/USD) is a currency, 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, PLNUSD=X returned 0.41%/yr vs 26.32%/yr for QDVE.DE. At a 0.22 correlation, their price movements are largely independent.

Performance

PLNUSD=X vs. QDVE.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PLN/USD (PLNUSD=X) and iShares S&P 500 Information Technology Sector UCITS ETF (QDVE.DE). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

PLNUSD=X 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, PLNUSD=X achieves a -2.50% return, which is significantly lower than QDVE.DE's 22.64% return. Over the past 10 years, PLNUSD=X has underperformed QDVE.DE with an annualized return of 0.41%, while QDVE.DE has yielded a comparatively higher 26.32% annualized return.

PLNUSD=X

1D
-0.93%
1M
-2.18%
YTD
-2.50%
6M
-1.39%
1Y
1.57%
3Y*
4.40%
5Y*
-0.09%
10Y*
0.41%

QDVE.DE

1D
-2.14%
1M
13.13%
YTD
22.64%
6M
22.72%
1Y
51.83%
3Y*
34.38%
5Y*
24.17%
10Y*
26.32%
*Multi-year figures are annualized to reflect compound growth (CAGR)

PLNUSD=X vs. QDVE.DE - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
PLNUSD=X
PLN/USD		-2.50%15.12%-4.70%11.11%-7.74%-7.60%1.74%-1.43%-6.84%20.27%
QDVE.DE
iShares S&P 500 Information Technology Sector UCITS ETF		22.62%24.17%37.76%59.01%-29.92%35.19%42.37%50.61%-1.81%38.11%

Correlation

The correlation between PLNUSD=X 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

0.16

Correlation (5Y)
Calculated over the trailing 5-year period

0.25

Correlation (10Y)
Calculated over the trailing 10-year period

0.22

Correlation (All Time)
Calculated using the full available price history since Dec 3, 2015

0.22

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PLN/USD

iShares S&P 500 Information Technology Sector UCITS ETF

Often compared with PLNUSD=X:
PLNUSD=X vs. TLTPLNUSD=X vs. DTLA.LPLNUSD=X vs. ETH-USDPLNUSD=X vs. XRP-USDPLNUSD=X vs. AAVE-USDPLNUSD=X vs. VUAA.LPLNUSD=X vs. IUSA.DE
Often compared with QDVE.DE:
QDVE.DE vs. QQQQDVE.DE vs. SXRV.DEQDVE.DE vs. XDWT.DEQDVE.DE vs. SMHQDVE.DE vs. VVSM.DEQDVE.DE vs. IGVQDVE.DE vs. XAIX.DE

Return for Risk

PLNUSD=X vs. QDVE.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
PLNUSD=X
PLNUSD=X Risk / Return Rank: 5656
Overall Rank
PLNUSD=X Sharpe Ratio Rank: 5656
Sharpe Ratio Rank
PLNUSD=X Sortino Ratio Rank: 5656
Sortino Ratio Rank
PLNUSD=X Omega Ratio Rank: 5656
Omega Ratio Rank
PLNUSD=X Calmar Ratio Rank: 5757
Calmar Ratio Rank
PLNUSD=X Martin Ratio Rank: 5858
Martin Ratio Rank
QDVE.DE
QDVE.DE Risk / Return Rank: 6565
Overall Rank
QDVE.DE Sharpe Ratio Rank: 7575
Sharpe Ratio Rank
QDVE.DE Sortino Ratio Rank: 6969
Sortino Ratio Rank
QDVE.DE Omega Ratio Rank: 6666
Omega Ratio Rank
QDVE.DE Calmar Ratio Rank: 6464
Calmar Ratio Rank
QDVE.DE Martin Ratio Rank: 5050
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PLNUSD=X vs. QDVE.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PLN/USD (PLNUSD=X) 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.

PLNUSD=XQDVE.DEDifference
Sharpe ratioReturn per unit of total volatility
0.17
2.53

-2.37

Sortino ratioReturn per unit of downside risk
0.28
3.31

-3.03

Omega ratioGain probability vs. loss probability

1.04

1.40

-0.37

Calmar ratioReturn relative to maximum drawdown

0.18

3.13

-2.95

Martin ratioReturn relative to average drawdown

0.46

9.51

-9.06

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PLNUSD=X vs. QDVE.DE - Sharpe Ratio Comparison

The current PLNUSD=X Sharpe Ratio is 0.17, which is lower than the QDVE.DE Sharpe Ratio of 2.53. The chart below compares the historical Sharpe Ratios of PLNUSD=X and QDVE.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

PLNUSD=XQDVE.DEDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.17

2.53

-2.37

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.01

1.02

-1.03

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.04

1.19

-1.15

Sharpe Ratio (All Time)

Calculated using the full available price history

-0.11

1.11

-1.22

Drawdowns

PLNUSD=X vs. QDVE.DE - Drawdown Comparison

The maximum PLNUSD=X drawdown since its inception was -59.63%, which is greater than QDVE.DE's maximum drawdown of -33.62%. Use the drawdown chart below to compare losses from any high point for PLNUSD=X and QDVE.DE.

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Drawdown Indicators

PLNUSD=XQDVE.DEDifference

Max Drawdown

Largest peak-to-trough decline

-59.63%

-33.62%

-26.01%

Max Drawdown (1Y)

Largest decline over 1 year

-6.95%

-16.47%

+9.52%

Max Drawdown (3Y)

Largest decline over 3 years

-10.57%

-26.14%

+15.57%

Max Drawdown (5Y)

Largest decline over 5 years

-26.80%

-33.62%

+6.82%

Max Drawdown (10Y)

Largest decline over 10 years

-33.60%

-33.62%

+0.02%

Current Drawdown

Current decline from peak

-45.12%

-3.23%

-41.89%

Average Drawdown

Average peak-to-trough decline

-40.65%

-5.95%

-34.70%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.97%

5.43%

-2.46%

Volatility

PLNUSD=X vs. QDVE.DE - Volatility Comparison

The current volatility for PLN/USD (PLNUSD=X) is 1.59%, while iShares S&P 500 Information Technology Sector UCITS ETF (QDVE.DE) has a volatility of 7.19%. This indicates that PLNUSD=X 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

PLNUSD=XQDVE.DEDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.59%

7.19%

-5.60%

Volatility (6M)

Calculated over the trailing 6-month period

6.26%

15.24%

-8.98%

Volatility (1Y)

Calculated over the trailing 1-year period

7.59%

20.38%

-12.79%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

10.52%

23.40%

-12.88%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

10.10%

22.02%

-11.92%

Frequently Asked Questions

PLNUSD=X 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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