QDVA.DE vs. CSP1.L
Compare and contrast key facts about iShares Edge MSCI USA Momentum Factor UCITS ETF (QDVA.DE) and iShares Core S&P 500 UCITS ETF (CSP1.L).
QDVA.DE and CSP1.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QDVA.DE is a passively managed fund by iShares that tracks the performance of the MSCI USA Momentum. It was launched on Oct 13, 2016. CSP1.L is a passively managed fund by iShares that tracks the performance of the S&P 500 Index. It was launched on May 19, 2010. Both QDVA.DE and CSP1.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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: QDVA.DE or CSP1.L.
Key characteristics
| QDVA.DE | CSP1.L | |
|---|---|---|
| YTD Return | 40.97% | 25.53% |
| 1Y Return | 47.54% | 31.75% |
| 3Y Return (Ann) | 7.96% | 11.68% |
| 5Y Return (Ann) | 13.62% | 15.71% |
| Sharpe Ratio | 2.52 | 2.81 |
| Sortino Ratio | 3.26 | 3.99 |
| Omega Ratio | 1.48 | 1.54 |
| Calmar Ratio | 2.93 | 4.99 |
| Martin Ratio | 12.69 | 19.84 |
| Ulcer Index | 3.63% | 1.58% |
| Daily Std Dev | 18.22% | 11.14% |
| Max Drawdown | -33.34% | -25.48% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between QDVA.DE and CSP1.L is 0.80, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
QDVA.DE vs. CSP1.L - Performance Comparison
In the year-to-date period, QDVA.DE achieves a 40.97% return, which is significantly higher than CSP1.L's 25.53% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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QDVA.DE vs. CSP1.L - Expense Ratio Comparison
QDVA.DE has a 0.20% expense ratio, which is higher than CSP1.L's 0.07% 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%.
Risk-Adjusted Performance
QDVA.DE vs. CSP1.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI USA Momentum Factor UCITS ETF (QDVA.DE) and iShares Core S&P 500 UCITS ETF (CSP1.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.
Dividends
QDVA.DE vs. CSP1.L - Dividend Comparison
Neither QDVA.DE nor CSP1.L has paid dividends to shareholders.
Drawdowns
QDVA.DE vs. CSP1.L - Drawdown Comparison
The maximum QDVA.DE drawdown since its inception was -33.34%, which is greater than CSP1.L's maximum drawdown of -25.48%. Use the drawdown chart below to compare losses from any high point for QDVA.DE and CSP1.L. For additional features, visit the drawdowns tool.
Volatility
QDVA.DE vs. CSP1.L - Volatility Comparison
iShares Edge MSCI USA Momentum Factor UCITS ETF (QDVA.DE) and iShares Core S&P 500 UCITS ETF (CSP1.L) have volatilities of 3.32% and 3.42%, 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.