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QDIV vs. DVY
Performance
Return for Risk
Drawdowns
Volatility
Dividends

QDIV vs. DVY

Last updated Jun 24, 2026

QDIV (Global X S&P 500 Quality Dividend ETF) and DVY (iShares Select Dividend ETF) are both exchange-traded funds - QDIV is a Dividend fund tracking the S&P 500 Quality High Dividend Index, while DVY is a Large Cap Value Equities fund tracking the Dow Jones U.S. Select Dividend Index. Both are passively managed. Over the past 5 years, QDIV returned 6.89%/yr vs 9.78%/yr for DVY. Their correlation of 0.90 suggests significant overlap in exposure. QDIV charges 0.20%/yr vs 0.39%/yr for DVY.

Performance

QDIV vs. DVY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X S&P 500 Quality Dividend ETF (QDIV) and iShares Select Dividend ETF (DVY). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, QDIV achieves a 7.99% return, which is significantly lower than DVY's 11.95% return.

QDIV

1D
0.71%
1M
-0.97%
YTD
7.99%
6M
7.73%
1Y
13.66%
3Y*
9.64%
5Y*
6.89%
10Y*
—

DVY

1D
0.93%
1M
0.67%
YTD
11.95%
6M
11.29%
1Y
22.55%
3Y*
16.40%
5Y*
9.78%
10Y*
10.39%
*Multi-year figures are annualized to reflect compound growth (CAGR)

QDIV vs. DVY - Yearly Performance Comparison

2026 (YTD)20252024202320222021202020192018
QDIV
Global X S&P 500 Quality Dividend ETF		7.99%3.16%10.62%5.18%-0.50%28.99%0.03%29.00%-12.20%
DVY
iShares Select Dividend ETF		11.95%11.60%16.24%1.12%1.80%31.70%-4.91%22.62%-7.88%

Correlation

The correlation between QDIV and DVY is 0.86, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.86

Correlation (3Y)
Calculated over the trailing 3-year period

0.87

Correlation (5Y)
Calculated over the trailing 5-year period

0.91

Correlation (All Time)
Calculated using the full available price history since Jul 17, 2018

0.90

The correlation between QDIV and DVY has been stable across timeframes, ranging from 0.86 to 0.91 - a consistent structural relationship.

QDIV vs. DVY - Sectors Allocation Comparison

Sectors
QDIV
DVY

Consumer Defensive

22.0%
13.4%

Industrials

16.3%
2.1%

Healthcare

14.4%
5.1%

Energy

11.5%
8.2%

Technology

10.0%
3.8%

Basic Materials

8.6%
2.0%

Financial Services

7.0%
25.8%

Consumer Cyclical

6.7%
10.0%

Communication Services

3.5%
5.3%

Real Estate

-

-

Utilities

-

23.8%

Consumer Defensive

QDIV
22.0%
DVY
13.4%

Industrials

QDIV
16.3%
DVY
2.1%

Healthcare

QDIV
14.4%
DVY
5.1%

Energy

QDIV
11.5%
DVY
8.2%

Technology

QDIV
10.0%
DVY
3.8%

Basic Materials

QDIV
8.6%
DVY
2.0%

Financial Services

QDIV
7.0%
DVY
25.8%

Consumer Cyclical

QDIV
6.7%
DVY
10.0%

Communication Services

QDIV
3.5%
DVY
5.3%

Real Estate

QDIV

-

DVY

-

Utilities

QDIV

-

DVY
23.8%

Compare stocks, funds, or ETFs

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

Global X S&P 500 Quality Dividend ETF

iShares Select Dividend ETF

Often compared with QDIV:
QDIV vs. SCHDQDIV vs. DGRWQDIV vs. SPYQDIV vs. QQQQDIV vs. DGROQDIV vs. SPHDQDIV vs. USDV.L
Often compared with DVY:
DVY vs. SCHDDVY vs. HDVDVY vs. VYMDVY vs. DGRODVY vs. VIGDVY vs. SPYDDVY vs. VOO

Return for Risk

QDIV vs. DVY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
QDIV
QDIV Risk / Return Rank: 3333
Overall Rank
QDIV Sharpe Ratio Rank: 3333
Sharpe Ratio Rank
QDIV Sortino Ratio Rank: 3535
Sortino Ratio Rank
QDIV Omega Ratio Rank: 3131
Omega Ratio Rank
QDIV Calmar Ratio Rank: 3636
Calmar Ratio Rank
QDIV Martin Ratio Rank: 3131
Martin Ratio Rank
DVY
DVY Risk / Return Rank: 6464
Overall Rank
DVY Sharpe Ratio Rank: 6464
Sharpe Ratio Rank
DVY Sortino Ratio Rank: 6767
Sortino Ratio Rank
DVY Omega Ratio Rank: 5858
Omega Ratio Rank
DVY Calmar Ratio Rank: 6868
Calmar Ratio Rank
DVY Martin Ratio Rank: 6666
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

QDIV vs. DVY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X S&P 500 Quality Dividend ETF (QDIV) and iShares Select Dividend ETF (DVY). 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.

QDIVDVYDifference
Sharpe ratioReturn per unit of total volatility
1.14
2.01

-0.87

Sortino ratioReturn per unit of downside risk
1.77
2.93

-1.16

Omega ratioGain probability vs. loss probability

1.20

1.34

-0.14

Calmar ratioReturn relative to maximum drawdown

1.72

3.29

-1.57

Martin ratioReturn relative to average drawdown

4.31

11.48

-7.17

QDIV vs. DVY - Sharpe Ratio Comparison

The current QDIV Sharpe Ratio is 1.14, which is lower than the DVY Sharpe Ratio of 2.01. The chart below compares the historical Sharpe Ratios of QDIV and DVY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

QDIV vs. DVY - Drawdown Comparison

The maximum QDIV drawdown since its inception was -41.20%, smaller than the maximum DVY drawdown of -62.59%. Use the drawdown chart below to compare losses from any high point for QDIV and DVY.

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Drawdown Indicators

QDIVDVYDifference

Max Drawdown

Largest peak-to-trough decline

-41.20%

-62.59%

+21.39%

Max Drawdown (1Y)

Largest decline over 1 year

-7.97%

-6.89%

-1.08%

Max Drawdown (3Y)

Largest decline over 3 years

-16.81%

-16.00%

-0.81%

Max Drawdown (5Y)

Largest decline over 5 years

-18.52%

-17.54%

-0.98%

Max Drawdown (10Y)

Largest decline over 10 years

—

-41.59%

—

Current Drawdown

Current decline from peak

-4.15%

-1.28%

-2.87%

Average Drawdown

Average peak-to-trough decline

-5.53%

-8.77%

+3.24%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.17%

1.97%

+1.20%

Volatility

QDIV vs. DVY - Volatility Comparison

Global X S&P 500 Quality Dividend ETF (QDIV) and iShares Select Dividend ETF (DVY) have volatilities of 3.42% and 3.47%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

QDIVDVYDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.42%

3.47%

-0.05%

Volatility (6M)

Calculated over the trailing 6-month period

8.08%

7.79%

+0.29%

Volatility (1Y)

Calculated over the trailing 1-year period

12.00%

11.28%

+0.72%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

15.26%

15.15%

+0.11%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

19.38%

18.02%

+1.36%

QDIV vs. DVY - Expense Ratio Comparison

QDIV has a 0.20% expense ratio, which is lower than DVY's 0.39% expense ratio.

Dividends

QDIV vs. DVY - Dividend Comparison

QDIV's dividend yield for the trailing twelve months is around 3.00%, less than DVY's 3.38% yield.

PositionTTM20252024202320222021202020192018201720162015
DVY
iShares Select Dividend ETF		3.38%3.65%3.65%3.82%3.43%3.12%3.66%3.41%3.58%3.00%3.04%3.45%
QDIV
Global X S&P 500 Quality Dividend ETF		3.00%3.13%2.88%3.26%3.02%2.44%3.06%2.84%1.30%0.00%0.00%0.00%

Frequently Asked Questions

QDIV and DVY have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

DVY has higher volatility (3.47%) compared to QDIV (3.42%). In terms of maximum drawdown, QDIV dropped -41.20% vs DVY's -62.59%.

On 5-year performance, DVY leads with 9.78% vs 6.89% for QDIV. On fees, QDIV is cheaper at 0.20% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, DVY has performed better with a 9.78% return vs 6.89%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

QDIV is cheaper with a 0.20% expense ratio, compared with 0.39% for DVY.

DVY has the higher dividend yield at 3.38%, compared with 3.00% for QDIV.

QDIV is categorized as Dividend, while DVY is Large Cap Value Equities. QDIV tracks S&P 500 Quality High Dividend Index, while DVY tracks Dow Jones U.S. Select Dividend Index. They also come from different issuers: Global X and iShares. Their fees differ too: 0.20% for QDIV and 0.39% for DVY.

DVY currently has the higher Sharpe Ratio (2.01 vs 1.14), 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.

Portfolio Optimizer

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