QDIBX vs. QDVBX
QDIBX (Fisher Investments Institutional Group Fixed Income Fund for Retirement Plans) and QDVBX (Fisher Investments Institutional Group ESG Fixed Income Fund for Retirement Plans) are both Intermediate Core Bond funds from T. Rowe Price. Over the past 5 years, QDIBX returned 0.18%/yr vs 0.05%/yr for QDVBX. With a 0.98 correlation, they move nearly in lockstep. QDIBX charges 0.03%/yr vs 0.04%/yr for QDVBX.
Performance
QDIBX vs. QDVBX - Performance Comparison
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Returns By Period
As of year-to-date, both investments have demonstrated similar returns, with QDIBX at 0.34% and QDVBX at 0.34%.
QDIBX
- 1D
- 0.45%
- 1M
- 0.67%
- YTD
- 0.34%
- 6M
- 0.34%
- 1Y
- 3.84%
- 3Y*
- 4.55%
- 5Y*
- 0.18%
- 10Y*
- —
QDVBX
- 1D
- 0.45%
- 1M
- 0.57%
- YTD
- 0.34%
- 6M
- 0.34%
- 1Y
- 3.85%
- 3Y*
- 4.44%
- 5Y*
- 0.05%
- 10Y*
- —
QDIBX vs. QDVBX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
QDIBX Fisher Investments Institutional Group Fixed Income Fund for Retirement Plans | 0.34% | 7.72% | 1.66% | 6.71% | -14.11% | -0.17% | 6.77% | -0.10% |
QDVBX Fisher Investments Institutional Group ESG Fixed Income Fund for Retirement Plans | 0.34% | 7.64% | 1.62% | 6.37% | -14.31% | -0.37% | 6.70% | -0.10% |
Correlation
The correlation between QDIBX and QDVBX is 0.95 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.95 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.98 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.98 |
Correlation (All Time) Calculated using the full available price history since Dec 13, 2019 | 0.98 |
The correlation between QDIBX and QDVBX has been stable across timeframes, ranging from 0.95 to 0.98 - a consistent structural relationship.
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Return for Risk
QDIBX vs. QDVBX — Risk / Return Rank
QDIBX
QDVBX
QDIBX vs. QDVBX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fisher Investments Institutional Group Fixed Income Fund for Retirement Plans (QDIBX) and Fisher Investments Institutional Group ESG Fixed Income Fund for Retirement Plans (QDVBX). 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.
| QDIBX | QDVBX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | 0.00 | ||
| Sortino ratioReturn per unit of downside risk | -0.03 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.18 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 1.30 | 1.29 | +0.01 |
| Martin ratioReturn relative to average drawdown | 3.58 | 3.63 | -0.05 |
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Drawdowns
QDIBX vs. QDVBX - Drawdown Comparison
The maximum QDIBX drawdown since its inception was -19.63%, roughly equal to the maximum QDVBX drawdown of -19.86%. Use the drawdown chart below to compare losses from any high point for QDIBX and QDVBX.
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Drawdown Indicators
| QDIBX | QDVBX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.63% | -19.86% | +0.23% |
Max Drawdown (1Y)Largest decline over 1 year | -2.97% | -3.00% | +0.03% |
Max Drawdown (3Y)Largest decline over 3 years | -5.37% | -5.37% | 0.00% |
Max Drawdown (5Y)Largest decline over 5 years | -19.63% | -19.86% | +0.23% |
Current DrawdownCurrent decline from peak | -1.43% | -1.75% | +0.32% |
Average DrawdownAverage peak-to-trough decline | -6.35% | -6.63% | +0.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.07% | 1.06% | +0.01% |
Volatility
QDIBX vs. QDVBX - Volatility Comparison
The current volatility for Fisher Investments Institutional Group Fixed Income Fund for Retirement Plans (QDIBX) is 1.02%, while Fisher Investments Institutional Group ESG Fixed Income Fund for Retirement Plans (QDVBX) has a volatility of 1.11%. This indicates that QDIBX experiences smaller price fluctuations and is considered to be less risky than QDVBX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| QDIBX | QDVBX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.02% | 1.11% | -0.09% |
Volatility (6M)Calculated over the trailing 6-month period | 2.69% | 2.66% | +0.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.76% | 3.76% | 0.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.60% | 6.61% | -0.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.24% | 6.21% | +0.03% |
QDIBX vs. QDVBX - Expense Ratio Comparison
QDIBX has a 0.03% expense ratio, which is lower than QDVBX's 0.04% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
QDIBX vs. QDVBX - Dividend Comparison
QDIBX's dividend yield for the trailing twelve months is around 3.49%, which matches QDVBX's 3.49% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
QDIBX Fisher Investments Institutional Group Fixed Income Fund for Retirement Plans | 3.49% | 3.50% | 3.55% | 3.65% | 2.51% | 1.80% | 3.25% |
QDVBX Fisher Investments Institutional Group ESG Fixed Income Fund for Retirement Plans | 3.49% | 3.51% | 3.52% | 3.66% | 2.56% | 1.70% | 3.28% |
Frequently Asked Questions
With a correlation of 0.95, QDIBX and QDVBX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
QDVBX has higher volatility (1.11%) compared to QDIBX (1.02%). In terms of maximum drawdown, QDIBX dropped -19.63% vs QDVBX's -19.86%.
QDVBX currently has the higher Sharpe Ratio (1.03 vs 1.03), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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