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QDVB.DE vs. CHFUSD=X
Performance
Return for Risk
Drawdowns
Volatility

Performance

QDVB.DE vs. CHFUSD=X - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares Edge MSCI USA Quality Factor UCITS ETF (QDVB.DE) and USD/CHF (CHFUSD=X). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

QDVB.DE is traded in EUR, while CHFUSD=X is traded in USD. To make them comparable, the CHFUSD=X values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, QDVB.DE achieves a 10.48% return, which is significantly higher than CHFUSD=X's 1.14% return.


QDVB.DE

1D
-0.69%
1M
1.28%
YTD
10.48%
6M
10.79%
1Y
22.56%
3Y*
16.85%
5Y*
12.25%
10Y*

CHFUSD=X

1D
0.23%
1M
-0.71%
YTD
1.14%
6M
1.00%
1Y
2.13%
3Y*
2.04%
5Y*
3.53%
10Y*
1.59%
*Multi-year figures are annualized to reflect compound growth (CAGR)

QDVB.DE vs. CHFUSD=X - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
QDVB.DE
iShares Edge MSCI USA Quality Factor UCITS ETF
10.48%0.35%29.28%26.64%-16.49%39.07%5.34%37.19%-2.63%7.24%
CHFUSD=X
USD/CHF
1.14%0.97%-1.18%6.54%4.77%4.29%0.41%3.81%3.79%-8.29%

Correlation

The correlation between QDVB.DE and CHFUSD=X is -0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

-0.07

Correlation (3Y)
Calculated over the trailing 3-year period

0.04

Correlation (5Y)
Calculated over the trailing 5-year period

0.04

Correlation (All Time)
Calculated using the full available price history since Oct 13, 2016

0.02

The correlation between QDVB.DE and CHFUSD=X shifts across timeframes, from -0.07 (1 year) to 0.04 (3 years), reflecting how their relationship changes across market environments.

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Return for Risk

QDVB.DE vs. CHFUSD=X — Risk / Return Rank

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

QDVB.DE
QDVB.DE Risk / Return Rank: 7373
Overall Rank
QDVB.DE Sharpe Ratio Rank: 7272
Sharpe Ratio Rank
QDVB.DE Sortino Ratio Rank: 7373
Sortino Ratio Rank
QDVB.DE Omega Ratio Rank: 7373
Omega Ratio Rank
QDVB.DE Calmar Ratio Rank: 7474
Calmar Ratio Rank
QDVB.DE Martin Ratio Rank: 7474
Martin Ratio Rank

CHFUSD=X
CHFUSD=X Risk / Return Rank: 4949
Overall Rank
CHFUSD=X Sharpe Ratio Rank: 4949
Sharpe Ratio Rank
CHFUSD=X Sortino Ratio Rank: 4949
Sortino Ratio Rank
CHFUSD=X Omega Ratio Rank: 4949
Omega Ratio Rank
CHFUSD=X Calmar Ratio Rank: 4949
Calmar Ratio Rank
CHFUSD=X Martin Ratio Rank: 4848
Martin Ratio Rank
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.

QDVB.DE vs. CHFUSD=X - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI USA Quality Factor UCITS ETF (QDVB.DE) and USD/CHF (CHFUSD=X). 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.


QDVB.DECHFUSD=XDifference
Sharpe ratioReturn per unit of total volatility

+1.52

Sortino ratioReturn per unit of downside risk

+2.16

Omega ratioGain probability vs. loss probability

1.38

1.09

+0.29

Calmar ratioReturn relative to maximum drawdown

3.32

0.61

+2.71

Martin ratioReturn relative to average drawdown

12.21

1.40

+10.81

QDVB.DE vs. CHFUSD=X - Sharpe Ratio Comparison

The current QDVB.DE Sharpe Ratio is 2.01, which is higher than the CHFUSD=X Sharpe Ratio of 0.50. The chart below compares the historical Sharpe Ratios of QDVB.DE and CHFUSD=X, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

QDVB.DE vs. CHFUSD=X - Drawdown Comparison

The maximum QDVB.DE drawdown since its inception was -33.25%, which is greater than CHFUSD=X's maximum drawdown of -18.49%. Use the drawdown chart below to compare losses from any high point for QDVB.DE and CHFUSD=X.


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Drawdown Indicators


QDVB.DECHFUSD=XDifference

Max Drawdown

Largest peak-to-trough decline

-33.25%

-18.49%

-14.76%

Max Drawdown (1Y)

Largest decline over 1 year

-6.77%

-2.79%

-3.98%

Max Drawdown (3Y)

Largest decline over 3 years

-22.69%

-6.63%

-16.06%

Max Drawdown (5Y)

Largest decline over 5 years

-22.69%

-6.63%

-16.06%

Max Drawdown (10Y)

Largest decline over 10 years

-11.28%

Current Drawdown

Current decline from peak

-0.82%

-2.23%

+1.41%

Average Drawdown

Average peak-to-trough decline

-5.02%

-7.84%

+2.82%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.84%

1.30%

+0.54%

Volatility

QDVB.DE vs. CHFUSD=X - Volatility Comparison

iShares Edge MSCI USA Quality Factor UCITS ETF (QDVB.DE) has a higher volatility of 2.49% compared to USD/CHF (CHFUSD=X) at 0.88%. This indicates that QDVB.DE's price experiences larger fluctuations and is considered to be riskier than CHFUSD=X based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


QDVB.DECHFUSD=XDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.49%

0.88%

+1.61%

Volatility (6M)

Calculated over the trailing 6-month period

7.46%

2.67%

+4.79%

Volatility (1Y)

Calculated over the trailing 1-year period

11.15%

3.47%

+7.68%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

15.55%

5.42%

+10.13%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.96%

4.96%

+13.00%

Frequently Asked Questions


QDVB.DE and CHFUSD=X have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Portfolio Optimizer

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