QDIV vs. IVV

Last updated Jun 4, 2026

QDIV (Global X S&P 500 Quality Dividend ETF) and IVV (iShares Core S&P 500 ETF) are both exchange-traded funds - QDIV is a Dividend fund tracking the S&P 500 Quality High Dividend Index, while IVV is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. Over the past 5 years, QDIV returned 6.17%/yr vs 13.88%/yr for IVV. A 0.71 correlation means they provide meaningful diversification when combined. QDIV charges 0.20%/yr vs 0.03%/yr for IVV.

Performance

QDIV vs. IVV - 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 Core S&P 500 ETF (IVV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QDIV achieves a 8.21% return, which is significantly lower than IVV's 10.85% return.

QDIV

• 1D: -0.10%
• 1M: 1.84%
• YTD: 8.21%
• 6M: 7.70%
• 1Y: 13.84%
• 3Y*: 9.81%
• 5Y*: 6.17%
• 10Y*: —

IVV

• 1D: -0.76%
• 1M: 4.97%
• YTD: 10.85%
• 6M: 10.87%
• 1Y: 28.00%
• 3Y*: 22.43%
• 5Y*: 13.88%
• 10Y*: 15.54%

*Multi-year figures are annualized to reflect compound growth (CAGR)

QDIV vs. IVV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
QDIV Global X S&P 500 Quality Dividend ETF	8.21%	3.16%	10.62%	5.18%	-0.50%	28.99%	0.03%	29.00%	-12.20%
IVV iShares Core S&P 500 ETF	10.85%	17.85%	24.93%	26.31%	-18.16%	28.76%	18.40%	31.07%	-9.93%

Correlation

The correlation between QDIV and IVV is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.41
Correlation (3Y) Calculated over the trailing 3-year period	0.51
Correlation (5Y) Calculated over the trailing 5-year period	0.68
Correlation (All Time) Calculated using the full available price history since Jul 18, 2018	0.71

Over the past year, the correlation between QDIV and IVV has dropped to 0.41 - well below their long-term average of 0.71, suggesting their price drivers have been diverging.

QDIV vs. IVV - Sectors Allocation Comparison

Sectors	QDIV	IVV
Consumer Defensive	21.9%	4.9%
Industrials	16.5%	8.3%
Healthcare	14.3%	8.5%
Energy	14.1%	3.5%
Basic Materials	8.4%	1.8%
Technology	8.1%	35.6%
Financial Services	6.9%	11.8%
Consumer Cyclical	6.1%	10.1%
Communication Services	3.7%	11.2%
Real Estate	-	1.9%
Utilities	-	2.4%

Return for Risk

QDIV vs. IVV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

QDIV

QDIV Risk / Return Rank: 32
QDIV Sharpe Ratio Rank: 32
QDIV Sortino Ratio Rank: 34
QDIV Omega Ratio Rank: 30
QDIV Calmar Ratio Rank: 35
QDIV Martin Ratio Rank: 30

IVV

IVV Risk / Return Rank: 70
IVV Sharpe Ratio Rank: 71
IVV Sortino Ratio Rank: 70
IVV Omega Ratio Rank: 70
IVV Calmar Ratio Rank: 62
IVV Martin Ratio Rank: 75

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. IVV - 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 Core S&P 500 ETF (IVV). 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.

	QDIV	IVV	Difference
Sharpe ratio: Return per unit of total volatility	1.18	2.39	-1.21
Sortino ratio: Return per unit of downside risk	1.83	3.25	-1.42
Omega ratio: Gain probability vs. loss probability	1.21	1.43	-0.23
Calmar ratio: Return relative to maximum drawdown	1.74	3.17	-1.42
Martin ratio: Return relative to average drawdown	4.51	14.71	-10.20
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QDIV vs. IVV - Sharpe Ratio Comparison

The current QDIV Sharpe Ratio is 1.18, which is lower than the IVV Sharpe Ratio of 2.39. The chart below compares the historical Sharpe Ratios of QDIV and IVV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	QDIV	IVV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.18	2.39	-1.21
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.41	0.83	-0.42
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.86	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.43	0.45	-0.02

Drawdowns

QDIV vs. IVV - Drawdown Comparison

The maximum QDIV drawdown since its inception was -41.20%, smaller than the maximum IVV drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for QDIV and IVV.

Drawdown Indicators

	QDIV	IVV	Difference
Max Drawdown Largest peak-to-trough decline	-41.20%	-55.25%	+14.05%
Max Drawdown (1Y) Largest decline over 1 year	-7.97%	-8.89%	+0.92%
Max Drawdown (3Y) Largest decline over 3 years	-16.81%	-18.75%	+1.94%
Max Drawdown (5Y) Largest decline over 5 years	-18.52%	-24.53%	+6.01%
Max Drawdown (10Y) Largest decline over 10 years	—	-33.90%	—
Current Drawdown Current decline from peak	-3.96%	-0.76%	-3.20%
Average Drawdown Average peak-to-trough decline	-5.54%	-10.78%	+5.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.08%	1.91%	+1.17%

Volatility

QDIV vs. IVV - Volatility Comparison

The current volatility for Global X S&P 500 Quality Dividend ETF (QDIV) is 2.61%, while iShares Core S&P 500 ETF (IVV) has a volatility of 2.87%. This indicates that QDIV experiences smaller price fluctuations and is considered to be less risky than IVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QDIV	IVV	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.61%	2.87%	-0.26%
Volatility (6M) Calculated over the trailing 6-month period	8.07%	8.90%	-0.83%
Volatility (1Y) Calculated over the trailing 1-year period	11.84%	11.80%	+0.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.30%	16.88%	-1.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.42%	18.05%	+1.37%

QDIV vs. IVV - Expense Ratio Comparison

QDIV has a 0.20% expense ratio, which is higher than IVV's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

QDIV vs. IVV - Dividend Comparison

QDIV's dividend yield for the trailing twelve months is around 3.23%, more than IVV's 1.06% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IVV iShares Core S&P 500 ETF	1.06%	1.17%	1.30%	1.44%	1.66%	1.20%	1.57%	1.85%	2.21%	1.75%	2.01%	2.27%
QDIV Global X S&P 500 Quality Dividend ETF	3.23%	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

Can I hold both QDIV and IVV in my portfolio?

QDIV and IVV have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, QDIV or IVV?

IVV has higher volatility (2.87%) compared to QDIV (2.61%). In terms of maximum drawdown, QDIV dropped -41.20% vs IVV's -55.25%.

Which ETF is better, QDIV or IVV?

On 5-year performance, IVV leads with 13.88% vs 6.17% for QDIV. On fees, IVV is cheaper at 0.03% per year. On volatility, QDIV has been the lower-risk option at 2.61%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, QDIV or IVV?

Over the 5-year period, IVV has performed better with a 13.88% return vs 6.17%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, QDIV or IVV?

IVV is cheaper with a 0.03% expense ratio, compared with 0.20% for QDIV.

Which ETF pays a higher dividend yield, QDIV or IVV?

QDIV has the higher dividend yield at 3.23%, compared with 1.06% for IVV.

What is the main difference between QDIV and IVV?

QDIV is categorized as Dividend, while IVV is S&P 500. QDIV tracks S&P 500 Quality High Dividend Index, while IVV tracks S&P 500 Index. They also come from different issuers: Global X and iShares. Their fees differ too: 0.20% for QDIV and 0.03% for IVV.

Which has better risk-adjusted returns?

IVV currently has the higher Sharpe Ratio (2.39 vs 1.18), 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.