QDVA.DE vs. CEMQ.DE
QDVA.DE (iShares Edge MSCI USA Momentum Factor UCITS ETF) and CEMQ.DE (iShares Edge MSCI Europe Quality Factor UCITS ETF) are both exchange-traded funds - QDVA.DE is a Momentum fund tracking the MSCI USA Momentum Index, while CEMQ.DE is a Europe Equities fund tracking the MSCI Europe Sector Neutral Quality. Both are passively managed. Over the past 5 years, QDVA.DE returned 15.30%/yr vs 6.17%/yr for CEMQ.DE. A 0.60 correlation means they provide meaningful diversification when combined. QDVA.DE charges 0.20%/yr vs 0.25%/yr for CEMQ.DE.
Performance
QDVA.DE vs. CEMQ.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, QDVA.DE achieves a 31.46% return, which is significantly higher than CEMQ.DE's 6.82% return.
QDVA.DE
- 1D
- 3.87%
- 1M
- 8.17%
- YTD
- 31.46%
- 6M
- 34.06%
- 1Y
- 41.31%
- 3Y*
- 28.53%
- 5Y*
- 15.30%
- 10Y*
- —
CEMQ.DE
- 1D
- 1.45%
- 1M
- 4.11%
- YTD
- 6.82%
- 6M
- 9.07%
- 1Y
- 9.48%
- 3Y*
- 8.41%
- 5Y*
- 6.17%
- 10Y*
- 8.78%
QDVA.DE vs. CEMQ.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
QDVA.DE iShares Edge MSCI USA Momentum Factor UCITS ETF | 31.46% | 5.15% | 39.98% | 5.96% | -13.64% | 22.86% | 17.47% | 31.11% | 1.04% | 20.37% |
CEMQ.DE iShares Edge MSCI Europe Quality Factor UCITS ETF | 6.82% | 10.19% | 3.69% | 14.57% | -11.90% | 26.61% | 1.06% | 32.46% | -7.32% | 10.41% |
Correlation
The correlation between QDVA.DE and CEMQ.DE is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.48 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.50 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.55 |
Correlation (All Time) Calculated using the full available price history since Oct 13, 2016 | 0.60 |
The correlation between QDVA.DE and CEMQ.DE shifts across timeframes, from 0.48 (1 year) to 0.60 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
QDVA.DE vs. CEMQ.DE — Risk / Return Rank
QDVA.DE
CEMQ.DE
QDVA.DE vs. CEMQ.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI USA Momentum Factor UCITS ETF (QDVA.DE) and iShares Edge MSCI Europe Quality Factor UCITS ETF (CEMQ.DE). 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.
| QDVA.DE | CEMQ.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.32 | ||
| Sortino ratioReturn per unit of downside risk | +1.79 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.14 | +0.23 |
| Calmar ratioReturn relative to maximum drawdown | 4.33 | 1.13 | +3.20 |
| Martin ratioReturn relative to average drawdown | 13.88 | 3.44 | +10.44 |
Loading charts...
Drawdowns
QDVA.DE vs. CEMQ.DE - Drawdown Comparison
The maximum QDVA.DE drawdown since its inception was -33.33%, roughly equal to the maximum CEMQ.DE drawdown of -33.76%. Use the drawdown chart below to compare losses from any high point for QDVA.DE and CEMQ.DE.
Loading charts...
Drawdown Indicators
| QDVA.DE | CEMQ.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.33% | -33.76% | +0.43% |
Max Drawdown (1Y)Largest decline over 1 year | -9.50% | -8.38% | -1.12% |
Max Drawdown (3Y)Largest decline over 3 years | -25.56% | -14.96% | -10.60% |
Max Drawdown (5Y)Largest decline over 5 years | -25.56% | -19.65% | -5.91% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.76% | — |
Current DrawdownCurrent decline from peak | -1.01% | -0.08% | -0.93% |
Average DrawdownAverage peak-to-trough decline | -6.95% | -5.35% | -1.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.97% | 2.70% | +0.27% |
Volatility
QDVA.DE vs. CEMQ.DE - Volatility Comparison
iShares Edge MSCI USA Momentum Factor UCITS ETF (QDVA.DE) has a higher volatility of 8.61% compared to iShares Edge MSCI Europe Quality Factor UCITS ETF (CEMQ.DE) at 3.75%. This indicates that QDVA.DE's price experiences larger fluctuations and is considered to be riskier than CEMQ.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| QDVA.DE | CEMQ.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.61% | 3.75% | +4.86% |
Volatility (6M)Calculated over the trailing 6-month period | 16.57% | 9.71% | +6.86% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.56% | 12.07% | +7.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.26% | 14.05% | +5.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.34% | 15.02% | +4.32% |
QDVA.DE vs. CEMQ.DE - Expense Ratio Comparison
QDVA.DE has a 0.20% expense ratio, which is lower than CEMQ.DE's 0.25% 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
QDVA.DE vs. CEMQ.DE - Dividend Comparison
Neither QDVA.DE nor CEMQ.DE has paid dividends to shareholders.
Frequently Asked Questions
QDVA.DE and CEMQ.DE have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, QDVA.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
QDVA.DE is cheaper with a 0.20% expense ratio, compared with 0.25% for CEMQ.DE.
QDVA.DE is categorized as Momentum, while CEMQ.DE is Europe Equities. QDVA.DE tracks MSCI USA Momentum Index, while CEMQ.DE tracks MSCI Europe Sector Neutral Quality. Their fees differ too: 0.20% for QDVA.DE and 0.25% for CEMQ.DE.
Find the right allocation for QDVA.DE and CEMQ.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer