QDVA.DE vs. XDEM.DE
QDVA.DE (iShares Edge MSCI USA Momentum Factor UCITS ETF) and XDEM.DE (Xtrackers MSCI World Momentum Factor UCITS ETF 1C) are both Momentum funds - QDVA.DE tracks the MSCI USA Momentum Index while XDEM.DE tracks the MSCI World Momentum Index. Both are passively managed. Over the past 5 years, QDVA.DE returned 15.17%/yr vs 14.74%/yr for XDEM.DE. Their correlation of 0.94 suggests significant overlap in exposure. QDVA.DE charges 0.20%/yr vs 0.25%/yr for XDEM.DE.
Performance
QDVA.DE vs. XDEM.DE - Performance Comparison
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Returns By Period
In the year-to-date period, QDVA.DE achieves a 30.20% return, which is significantly higher than XDEM.DE's 22.76% return.
QDVA.DE
- 1D
- -2.00%
- 1M
- 10.68%
- YTD
- 30.20%
- 6M
- 29.85%
- 1Y
- 37.18%
- 3Y*
- 28.68%
- 5Y*
- 15.17%
- 10Y*
- —
XDEM.DE
- 1D
- -0.95%
- 1M
- 6.77%
- YTD
- 22.76%
- 6M
- 23.63%
- 1Y
- 31.42%
- 3Y*
- 26.15%
- 5Y*
- 14.74%
- 10Y*
- 15.65%
QDVA.DE vs. XDEM.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 | 30.20% | 5.11% | 40.00% | 5.98% | -13.66% | 22.93% | 17.39% | 31.13% | 1.12% | 20.30% |
XDEM.DE Xtrackers MSCI World Momentum Factor UCITS ETF 1C | 22.76% | 8.09% | 38.24% | 8.17% | -13.85% | 25.04% | 16.52% | 31.63% | 0.79% | 16.07% |
Correlation
The correlation between QDVA.DE and XDEM.DE is 0.96 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.96 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.96 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.96 |
Correlation (All Time) Calculated using the full available price history since Oct 25, 2016 | 0.94 |
The correlation between QDVA.DE and XDEM.DE has been stable across timeframes, ranging from 0.94 to 0.96 - a consistent structural relationship.
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Return for Risk
QDVA.DE vs. XDEM.DE — Risk / Return Rank
QDVA.DE
XDEM.DE
QDVA.DE vs. XDEM.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 Xtrackers MSCI World Momentum Factor UCITS ETF 1C (XDEM.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.
| QDVA.DE | XDEM.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.10 | ||
| Sortino ratioReturn per unit of downside risk | +0.01 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.34 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 3.89 | 3.47 | +0.42 |
| Martin ratioReturn relative to average drawdown | 12.67 | 13.27 | -0.60 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| QDVA.DE | XDEM.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.96 | 1.86 | +0.10 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.79 | 0.84 | -0.06 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.94 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.83 | 0.90 | -0.06 |
Drawdowns
QDVA.DE vs. XDEM.DE - Drawdown Comparison
The maximum QDVA.DE drawdown since its inception was -33.34%, which is greater than XDEM.DE's maximum drawdown of -30.93%. Use the drawdown chart below to compare losses from any high point for QDVA.DE and XDEM.DE.
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Drawdown Indicators
| QDVA.DE | XDEM.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.34% | -30.93% | -2.41% |
Max Drawdown (1Y)Largest decline over 1 year | -9.48% | -9.05% | -0.43% |
Max Drawdown (3Y)Largest decline over 3 years | -25.56% | -23.51% | -2.05% |
Max Drawdown (5Y)Largest decline over 5 years | -25.56% | -23.51% | -2.05% |
Max Drawdown (10Y)Largest decline over 10 years | — | -30.93% | — |
Current DrawdownCurrent decline from peak | -2.00% | -0.95% | -1.05% |
Average DrawdownAverage peak-to-trough decline | -6.84% | -5.97% | -0.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.91% | 2.36% | +0.55% |
Volatility
QDVA.DE vs. XDEM.DE - Volatility Comparison
iShares Edge MSCI USA Momentum Factor UCITS ETF (QDVA.DE) has a higher volatility of 7.65% compared to Xtrackers MSCI World Momentum Factor UCITS ETF 1C (XDEM.DE) at 5.80%. This indicates that QDVA.DE's price experiences larger fluctuations and is considered to be riskier than XDEM.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| QDVA.DE | XDEM.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.65% | 5.80% | +1.85% |
Volatility (6M)Calculated over the trailing 6-month period | 15.66% | 14.20% | +1.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.82% | 16.85% | +1.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.11% | 17.30% | +1.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.19% | 17.85% | +1.34% |
QDVA.DE vs. XDEM.DE - Expense Ratio Comparison
QDVA.DE has a 0.20% expense ratio, which is lower than XDEM.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. XDEM.DE - Dividend Comparison
Neither QDVA.DE nor XDEM.DE has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.96, QDVA.DE and XDEM.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
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 XDEM.DE.
QDVA.DE tracks MSCI USA Momentum Index, while XDEM.DE tracks MSCI World Momentum Index. They also come from different issuers: iShares and DWS. Their fees differ too: 0.20% for QDVA.DE and 0.25% for XDEM.DE.
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