QDEF vs. QDIV
Compare and contrast key facts about FlexShares Quality Dividend Defensive Index Fund (QDEF) and Global X S&P 500 Quality Dividend ETF (QDIV).
QDEF and QDIV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QDEF is a passively managed fund by Northern Trust that tracks the performance of the Northern Trust Quality Dividend Defensive Index. It was launched on Dec 14, 2012. QDIV is a passively managed fund by Global X that tracks the performance of the S&P 500 Quality High Dividend Index. It was launched on Jul 13, 2018. Both QDEF and QDIV 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: QDEF or QDIV.
Key characteristics
| QDEF | QDIV | |
|---|---|---|
| YTD Return | 5.25% | 4.03% |
| 1Y Return | 17.28% | 8.77% |
| 3Y Return (Ann) | 7.99% | 6.16% |
| 5Y Return (Ann) | 9.19% | 8.70% |
| Sharpe Ratio | 1.78 | 0.87 |
| Daily Std Dev | 10.29% | 11.10% |
| Max Drawdown | -35.74% | -41.20% |
| Current Drawdown | -3.47% | -3.72% |
Correlation
The correlation between QDEF and QDIV is 0.81, 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
QDEF vs. QDIV - Performance Comparison
In the year-to-date period, QDEF achieves a 5.25% return, which is significantly higher than QDIV's 4.03% 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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QDEF vs. QDIV - Expense Ratio Comparison
QDEF has a 0.37% expense ratio, which is higher than QDIV's 0.20% expense ratio.
Risk-Adjusted Performance
QDEF vs. QDIV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for FlexShares Quality Dividend Defensive Index Fund (QDEF) and Global X S&P 500 Quality Dividend ETF (QDIV). 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
QDEF vs. QDIV - Dividend Comparison
QDEF's dividend yield for the trailing twelve months is around 2.09%, less than QDIV's 3.16% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QDEF FlexShares Quality Dividend Defensive Index Fund | 2.09% | 2.21% | 2.42% | 1.84% | 2.50% | 3.17% | 7.10% | 2.70% | 2.90% | 3.00% | 2.52% | 2.12% |
QDIV Global X S&P 500 Quality Dividend ETF | 3.16% | 3.26% | 3.02% | 2.44% | 3.06% | 2.84% | 1.56% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
QDEF vs. QDIV - Drawdown Comparison
The maximum QDEF drawdown since its inception was -35.74%, smaller than the maximum QDIV drawdown of -41.20%. Use the drawdown chart below to compare losses from any high point for QDEF and QDIV. For additional features, visit the drawdowns tool.
Volatility
QDEF vs. QDIV - Volatility Comparison
FlexShares Quality Dividend Defensive Index Fund (QDEF) has a higher volatility of 3.06% compared to Global X S&P 500 Quality Dividend ETF (QDIV) at 2.71%. This indicates that QDEF's price experiences larger fluctuations and is considered to be riskier than QDIV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.