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QDEF vs. ^SP500TR
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between QDEF and ^SP500TR is 0.91, 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.


-0.50.00.51.00.9

Performance

QDEF vs. ^SP500TR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FlexShares Quality Dividend Defensive Index Fund (QDEF) and S&P 500 Total Return (^SP500TR). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
9.96%
10.99%
QDEF
^SP500TR

Key characteristics

Sharpe Ratio

QDEF:

2.43

^SP500TR:

2.30

Sortino Ratio

QDEF:

3.34

^SP500TR:

3.04

Omega Ratio

QDEF:

1.45

^SP500TR:

1.43

Calmar Ratio

QDEF:

4.54

^SP500TR:

3.41

Martin Ratio

QDEF:

15.32

^SP500TR:

15.03

Ulcer Index

QDEF:

1.56%

^SP500TR:

1.92%

Daily Std Dev

QDEF:

9.85%

^SP500TR:

12.54%

Max Drawdown

QDEF:

-35.74%

^SP500TR:

-55.25%

Current Drawdown

QDEF:

-2.39%

^SP500TR:

-0.77%

Returns By Period

In the year-to-date period, QDEF achieves a 23.42% return, which is significantly lower than ^SP500TR's 28.35% return. Over the past 10 years, QDEF has underperformed ^SP500TR with an annualized return of 10.35%, while ^SP500TR has yielded a comparatively higher 13.27% annualized return.


QDEF

YTD

23.42%

1M

-1.13%

6M

9.91%

1Y

23.91%

5Y*

10.91%

10Y*

10.35%

^SP500TR

YTD

28.35%

1M

1.30%

6M

11.16%

1Y

28.80%

5Y*

15.11%

10Y*

13.27%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Risk-Adjusted Performance

QDEF vs. ^SP500TR - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for FlexShares Quality Dividend Defensive Index Fund (QDEF) and S&P 500 Total Return (^SP500TR). 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.


Sharpe ratio
The chart of Sharpe ratio for QDEF, currently valued at 2.43, compared to the broader market0.002.004.002.432.30
The chart of Sortino ratio for QDEF, currently valued at 3.34, compared to the broader market-2.000.002.004.006.008.0010.003.343.04
The chart of Omega ratio for QDEF, currently valued at 1.45, compared to the broader market0.501.001.502.002.503.001.451.43
The chart of Calmar ratio for QDEF, currently valued at 4.54, compared to the broader market0.005.0010.0015.004.543.41
The chart of Martin ratio for QDEF, currently valued at 15.32, compared to the broader market0.0020.0040.0060.0080.00100.0015.3215.03
QDEF
^SP500TR

The current QDEF Sharpe Ratio is 2.43, which is comparable to the ^SP500TR Sharpe Ratio of 2.30. The chart below compares the historical Sharpe Ratios of QDEF and ^SP500TR, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.502.002.503.003.504.00JulyAugustSeptemberOctoberNovemberDecember
2.43
2.30
QDEF
^SP500TR

Drawdowns

QDEF vs. ^SP500TR - Drawdown Comparison

The maximum QDEF drawdown since its inception was -35.74%, smaller than the maximum ^SP500TR drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for QDEF and ^SP500TR. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-2.39%
-0.77%
QDEF
^SP500TR

Volatility

QDEF vs. ^SP500TR - Volatility Comparison

The current volatility for FlexShares Quality Dividend Defensive Index Fund (QDEF) is 2.96%, while S&P 500 Total Return (^SP500TR) has a volatility of 3.96%. This indicates that QDEF experiences smaller price fluctuations and is considered to be less risky than ^SP500TR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
2.96%
3.96%
QDEF
^SP500TR
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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