QDF vs. KWIN
QDF (FlexShares Quality Dividend Index Fund) and KWIN (KraneShares Wahed Alternative Income Index ETF) are both Large Cap Value Equities funds - QDF tracks the Northern Trust Quality Dividend Index while KWIN tracks the Wahed Alternative Income Index. Both are passively managed. At a correlation of -0.02, they often move in opposite directions. QDF charges 0.37%/yr vs 0.51%/yr for KWIN.
Performance
QDF vs. KWIN - Performance Comparison
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Returns By Period
In the year-to-date period, QDF achieves a 11.99% return, which is significantly higher than KWIN's 1.59% return.
QDF
- 1D
- -0.80%
- 1M
- 1.42%
- 6M
- 10.03%
- YTD
- 11.99%
- 1Y
- 23.23%
- 3Y*
- 17.55%
- 5Y*
- 11.84%
- 10Y*
- 11.88%
KWIN
- 1D
- 0.06%
- 1M
- 0.13%
- 6M
- 1.08%
- YTD
- 1.59%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
QDF vs. KWIN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
QDF FlexShares Quality Dividend Index Fund | 11.99% | 2.45% |
KWIN KraneShares Wahed Alternative Income Index ETF | 1.59% | 0.61% |
Correlation
The correlation between QDF and KWIN is -0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 5, 2025 | -0.02 |
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Return for Risk
QDF vs. KWIN — Risk / Return Rank
QDF
KWIN
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
QDF vs. KWIN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for FlexShares Quality Dividend Index Fund (QDF) and KraneShares Wahed Alternative Income Index ETF (KWIN). 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.
| QDF | KWIN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.35 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.95 | — | — |
| Martin ratioReturn relative to average drawdown | 12.67 | — | — |
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Drawdowns
QDF vs. KWIN - Drawdown Comparison
The maximum QDF drawdown since its inception was -36.67%, which is greater than KWIN's maximum drawdown of -1.50%. Use the drawdown chart below to compare losses from any high point for QDF and KWIN.
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Drawdown Indicators
| QDF | KWIN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.67% | -1.50% | -35.17% |
Max Drawdown (1Y)Largest decline over 1 year | -7.90% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -18.01% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -22.06% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -36.67% | — | — |
Current DrawdownCurrent decline from peak | -0.80% | -1.44% | +0.64% |
Average DrawdownAverage peak-to-trough decline | -3.62% | -0.25% | -3.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.84% | — | — |
Volatility
QDF vs. KWIN - Volatility Comparison
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Volatility by Period
| QDF | KWIN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.76% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 9.54% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 12.08% | 4.16% | +7.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.66% | 4.16% | +11.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.36% | 4.16% | +13.20% |
QDF vs. KWIN - Expense Ratio Comparison
QDF has a 0.37% expense ratio, which is lower than KWIN's 0.51% expense ratio.
Dividends
QDF vs. KWIN - Dividend Comparison
QDF's dividend yield for the trailing twelve months is around 1.50%, while KWIN has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KWIN KraneShares Wahed Alternative Income Index ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QDF FlexShares Quality Dividend Index Fund | 1.50% | 1.65% | 1.93% | 2.19% | 2.45% | 1.90% | 2.38% | 3.05% | 4.29% | 2.70% | 3.07% | 3.04% |
Frequently Asked Questions
QDF and KWIN have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, QDF is cheaper at 0.37% per year. The better choice depends on whether you care most about return, fees, risk, or income.
QDF is cheaper with a 0.37% expense ratio, compared with 0.51% for KWIN.
QDF has the higher dividend yield at 1.50%, compared with 0.00% for KWIN.
QDF tracks Northern Trust Quality Dividend Index, while KWIN tracks Wahed Alternative Income Index. They also come from different issuers: FlexShares and KraneShares. Their fees differ too: 0.37% for QDF and 0.51% for KWIN.
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