QDIV vs. USDV.L

Last updated Apr 1, 2026

Compare and contrast key facts about Global X S&P 500 Quality Dividend ETF (QDIV) and SPDR S&P US Dividend Aristocrats UCITS ETF Dis (USDV.L).

QDIV and USDV.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QDIV is a passively managed fund by Global X that tracks the performance of the S&P 500 Quality High Dividend Index. It was launched on Jul 13, 2018. USDV.L is a passively managed fund by State Street that tracks the performance of the S&P High Yield Dividend Aristocrats Index. It was launched on Jun 14, 2019. Both QDIV and USDV.L 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

QDIV vs. USDV.L - 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 SPDR S&P US Dividend Aristocrats UCITS ETF Dis (USDV.L). The values are adjusted to include any dividend payments, if applicable.

QDIV vs. USDV.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
QDIV Global X S&P 500 Quality Dividend ETF	6.62%	3.16%	10.62%	5.18%	-0.50%	28.99%	0.03%	29.00%	-12.20%
USDV.L SPDR S&P US Dividend Aristocrats UCITS ETF Dis	4.05%	8.78%	7.52%	1.58%	-0.35%	25.59%	0.26%	24.49%	-4.19%

Different Trading Currencies

QDIV is traded in USD, while USDV.L is traded in GBP. To make them comparable, the USDV.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, QDIV achieves a 6.62% return, which is significantly higher than USDV.L's 4.05% return.

QDIV

• 1D: 0.44%
• 1M: -4.13%
• YTD: 6.62%
• 6M: 6.17%
• 1Y: 8.04%
• 3Y*: 8.20%
• 5Y*: 7.53%
• 10Y*: —

USDV.L

• 1D: -0.26%
• 1M: -6.20%
• YTD: 4.05%
• 6M: 5.30%
• 1Y: 9.72%
• 3Y*: 8.11%
• 5Y*: 6.54%
• 10Y*: 9.05%

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

QDIV vs. USDV.L - Expense Ratio Comparison

QDIV has a 0.20% expense ratio, which is lower than USDV.L's 0.35% expense ratio.

USDV.L

SPDR S&P US Dividend Aristocrats UCITS ETF Dis

QDIV

Global X S&P 500 Quality Dividend ETF

Return for Risk

QDIV vs. USDV.L — Risk / Return Rank

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

QDIV

QDIV Risk / Return Rank: 29
QDIV Sharpe Ratio Rank: 28
QDIV Sortino Ratio Rank: 29
QDIV Omega Ratio Rank: 28
QDIV Calmar Ratio Rank: 31
QDIV Martin Ratio Rank: 31

USDV.L

USDV.L Risk / Return Rank: 30
USDV.L Sharpe Ratio Rank: 31
USDV.L Sortino Ratio Rank: 29
USDV.L Omega Ratio Rank: 29
USDV.L Calmar Ratio Rank: 30
USDV.L Martin Ratio Rank: 28

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. USDV.L - 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 SPDR S&P US Dividend Aristocrats UCITS ETF Dis (USDV.L). 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	USDV.L	Difference
Sharpe ratio Return per unit of total volatility	0.48	0.71	-0.23
Sortino ratio Return per unit of downside risk	0.80	1.04	-0.23
Omega ratio Gain probability vs. loss probability	1.11	1.15	-0.04
Calmar ratio Return relative to maximum drawdown	0.72	0.84	-0.12
Martin ratio Return relative to average drawdown	2.62	3.36	-0.75
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. USDV.L - Sharpe Ratio Comparison

The current QDIV Sharpe Ratio is 0.48, which is lower than the USDV.L Sharpe Ratio of 0.71. The chart below compares the historical Sharpe Ratios of QDIV and USDV.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	QDIV	USDV.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.48	0.71	-0.23
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.49	0.47	+0.02
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.57	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.43	0.74	-0.31

Correlation

The correlation between QDIV and USDV.L is 0.64, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

QDIV vs. USDV.L - Dividend Comparison

QDIV's dividend yield for the trailing twelve months is around 2.99%, more than USDV.L's 2.07% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
QDIV Global X S&P 500 Quality Dividend ETF	2.99%	3.13%	2.88%	3.26%	3.02%	2.44%	3.06%	2.84%	1.30%	0.00%	0.00%	0.00%
USDV.L SPDR S&P US Dividend Aristocrats UCITS ETF Dis	2.07%	2.20%	1.99%	2.29%	2.11%	2.12%	2.57%	2.65%	2.19%	3.07%	1.65%	2.00%

Drawdowns

QDIV vs. USDV.L - Drawdown Comparison

The maximum QDIV drawdown since its inception was -41.20%, which is greater than USDV.L's maximum drawdown of -35.73%. Use the drawdown chart below to compare losses from any high point for QDIV and USDV.L.

Drawdown Indicators

	QDIV	USDV.L	Difference
Max Drawdown Largest peak-to-trough decline	-41.20%	-27.80%	-13.40%
Max Drawdown (1Y) Largest decline over 1 year	-12.82%	-10.05%	-2.77%
Max Drawdown (5Y) Largest decline over 5 years	-18.52%	-16.30%	-2.22%
Max Drawdown (10Y) Largest decline over 10 years	—	-27.80%	—
Current Drawdown Current decline from peak	-5.38%	-4.95%	-0.43%
Average Drawdown Average peak-to-trough decline	-5.55%	-4.13%	-1.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.53%	3.20%	+0.33%

Volatility

QDIV vs. USDV.L - Volatility Comparison

Global X S&P 500 Quality Dividend ETF (QDIV) and SPDR S&P US Dividend Aristocrats UCITS ETF Dis (USDV.L) have volatilities of 3.04% and 2.99%, 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.

Volatility by Period

	QDIV	USDV.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.04%	2.99%	+0.05%
Volatility (6M) Calculated over the trailing 6-month period	8.81%	6.68%	+2.13%
Volatility (1Y) Calculated over the trailing 1-year period	16.71%	13.62%	+3.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.35%	13.91%	+1.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.59%	15.75%	+3.84%