QDF vs. FDVV
Compare and contrast key facts about FlexShares Quality Dividend Index Fund (QDF) and Fidelity High Dividend ETF (FDVV).
QDF and FDVV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QDF is a passively managed fund by FlexShares that tracks the performance of the Northern Trust Quality Dividend Index. It was launched on Dec 14, 2012. FDVV is a passively managed fund by Fidelity that tracks the performance of the Fidelity Core Dividend Index. It was launched on Sep 12, 2016. Both QDF and FDVV are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
QDF vs. FDVV - Performance Comparison
Loading graphics...
QDF vs. FDVV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
QDF FlexShares Quality Dividend Index Fund | -1.88% | 16.58% | 16.95% | 19.71% | -12.13% | 26.65% | 4.86% | 25.71% | -7.97% | 17.42% |
FDVV Fidelity High Dividend ETF | -1.78% | 17.08% | 21.81% | 18.00% | -4.21% | 29.24% | 2.80% | 24.07% | -1.26% | 14.00% |
Returns By Period
In the year-to-date period, QDF achieves a -1.88% return, which is significantly lower than FDVV's -1.78% return.
QDF
- 1D
- 2.43%
- 1M
- -4.83%
- YTD
- -1.88%
- 6M
- 0.44%
- 1Y
- 17.72%
- 3Y*
- 15.49%
- 5Y*
- 10.28%
- 10Y*
- 11.00%
FDVV
- 1D
- 2.35%
- 1M
- -5.66%
- YTD
- -1.78%
- 6M
- 0.65%
- 1Y
- 14.82%
- 3Y*
- 16.89%
- 5Y*
- 12.68%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
QDF vs. FDVV - Expense Ratio Comparison
QDF has a 0.37% expense ratio, which is higher than FDVV's 0.29% expense ratio.
Return for Risk
QDF vs. FDVV — Risk / Return Rank
QDF
FDVV
QDF vs. FDVV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for FlexShares Quality Dividend Index Fund (QDF) and Fidelity High Dividend ETF (FDVV). 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.
| QDF | FDVV | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.01 | 0.97 | +0.04 |
Sortino ratioReturn per unit of downside risk | 1.52 | 1.41 | +0.11 |
Omega ratioGain probability vs. loss probability | 1.23 | 1.23 | 0.00 |
Calmar ratioReturn relative to maximum drawdown | 1.47 | 1.29 | +0.17 |
Martin ratioReturn relative to average drawdown | 7.12 | 5.68 | +1.43 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| QDF | FDVV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.01 | 0.97 | +0.04 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.66 | 0.86 | -0.20 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.63 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.73 | 0.74 | -0.01 |
Correlation
The correlation between QDF and FDVV is 0.92, 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.
Dividends
QDF vs. FDVV - Dividend Comparison
QDF's dividend yield for the trailing twelve months is around 1.69%, less than FDVV's 3.00% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QDF FlexShares Quality Dividend Index Fund | 1.69% | 1.65% | 1.93% | 2.19% | 2.45% | 1.90% | 2.38% | 3.05% | 4.29% | 2.70% | 3.07% | 3.04% |
FDVV Fidelity High Dividend ETF | 3.00% | 2.89% | 2.94% | 3.77% | 3.44% | 2.70% | 3.19% | 3.93% | 4.05% | 3.66% | 1.04% | 0.00% |
Drawdowns
QDF vs. FDVV - Drawdown Comparison
The maximum QDF drawdown since its inception was -36.67%, smaller than the maximum FDVV drawdown of -40.25%. Use the drawdown chart below to compare losses from any high point for QDF and FDVV.
Loading graphics...
Drawdown Indicators
| QDF | FDVV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.67% | -40.25% | +3.58% |
Max Drawdown (1Y)Largest decline over 1 year | -12.83% | -12.34% | -0.49% |
Max Drawdown (5Y)Largest decline over 5 years | -22.06% | -20.18% | -1.88% |
Max Drawdown (10Y)Largest decline over 10 years | -36.67% | — | — |
Current DrawdownCurrent decline from peak | -5.66% | -7.04% | +1.38% |
Average DrawdownAverage peak-to-trough decline | -3.68% | -3.85% | +0.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.64% | 2.81% | -0.17% |
Volatility
QDF vs. FDVV - Volatility Comparison
FlexShares Quality Dividend Index Fund (QDF) has a higher volatility of 4.79% compared to Fidelity High Dividend ETF (FDVV) at 4.48%. This indicates that QDF's price experiences larger fluctuations and is considered to be riskier than FDVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| QDF | FDVV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.79% | 4.48% | +0.31% |
Volatility (6M)Calculated over the trailing 6-month period | 9.12% | 7.68% | +1.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.63% | 15.34% | +2.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.60% | 14.74% | +0.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.38% | 17.09% | +0.29% |