QDVD.DE vs. SPPY.DE

Last updated Apr 2, 2026

Compare and contrast key facts about iShares MSCI USA Quality Dividend Advanced UCITS ETF (QDVD.DE) and State Street SPDR S&P 500 Leaders UCITS ETF (SPPY.DE).

QDVD.DE and SPPY.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QDVD.DE is a passively managed fund by iShares that tracks the performance of the MSCI USA High Dividend Yield ESG Reduced Carbon Target Select Index. It was launched on May 22, 2025. SPPY.DE is a passively managed fund by State Street that tracks the performance of the S&P 500 Scored & Screened Leaders Index. It was launched on Dec 2, 2019. Both QDVD.DE and SPPY.DE 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

QDVD.DE vs. SPPY.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares MSCI USA Quality Dividend Advanced UCITS ETF (QDVD.DE) and State Street SPDR S&P 500 Leaders UCITS ETF (SPPY.DE). The values are adjusted to include any dividend payments, if applicable.

QDVD.DE vs. SPPY.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
QDVD.DE iShares MSCI USA Quality Dividend Advanced UCITS ETF	0.97%	4.42%	22.09%	10.74%	-1.07%	33.03%	-8.85%	3.35%
SPPY.DE State Street SPDR S&P 500 Leaders UCITS ETF	-2.75%	4.44%	32.87%	26.92%	-14.47%	41.09%	8.04%	4.57%

Returns By Period

In the year-to-date period, QDVD.DE achieves a 0.97% return, which is significantly higher than SPPY.DE's -2.75% return.

QDVD.DE

• 1D: 1.37%
• 1M: -3.44%
• YTD: 0.97%
• 6M: 3.63%
• 1Y: 10.07%
• 3Y*: 12.43%
• 5Y*: 10.63%
• 10Y*: 10.45%

SPPY.DE

• 1D: 1.74%
• 1M: -3.68%
• YTD: -2.75%
• 6M: 1.44%
• 1Y: 12.18%
• 3Y*: 16.92%
• 5Y*: 13.03%
• 10Y*: —

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

QDVD.DE vs. SPPY.DE - Expense Ratio Comparison

QDVD.DE has a 0.35% expense ratio, which is higher than SPPY.DE's 0.10% expense ratio.

QDVD.DE

iShares MSCI USA Quality Dividend Advanced UCITS ETF

SPPY.DE

State Street SPDR S&P 500 Leaders UCITS ETF

Return for Risk

QDVD.DE vs. SPPY.DE — Risk / Return Rank

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

QDVD.DE

QDVD.DE Risk / Return Rank: 35
QDVD.DE Sharpe Ratio Rank: 31
QDVD.DE Sortino Ratio Rank: 29
QDVD.DE Omega Ratio Rank: 31
QDVD.DE Calmar Ratio Rank: 39
QDVD.DE Martin Ratio Rank: 48

SPPY.DE

SPPY.DE Risk / Return Rank: 43
SPPY.DE Sharpe Ratio Rank: 35
SPPY.DE Sortino Ratio Rank: 34
SPPY.DE Omega Ratio Rank: 36
SPPY.DE Calmar Ratio Rank: 53
SPPY.DE Martin Ratio Rank: 54

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.

QDVD.DE vs. SPPY.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI USA Quality Dividend Advanced UCITS ETF (QDVD.DE) and State Street SPDR S&P 500 Leaders UCITS ETF (SPPY.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.

	QDVD.DE	SPPY.DE	Difference
Sharpe ratio Return per unit of total volatility	0.63	0.71	-0.08
Sortino ratio Return per unit of downside risk	0.93	1.05	-0.12
Omega ratio Gain probability vs. loss probability	1.14	1.15	-0.02
Calmar ratio Return relative to maximum drawdown	1.15	1.45	-0.30
Martin ratio Return relative to average drawdown	5.10	5.58	-0.49
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QDVD.DE vs. SPPY.DE - Sharpe Ratio Comparison

The current QDVD.DE Sharpe Ratio is 0.63, which is comparable to the SPPY.DE Sharpe Ratio of 0.71. The chart below compares the historical Sharpe Ratios of QDVD.DE and SPPY.DE, 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

	QDVD.DE	SPPY.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.63	0.71	-0.08
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.76	0.83	-0.07
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.70	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.76	0.80	-0.05

Correlation

The correlation between QDVD.DE and SPPY.DE is 0.86, 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.

Dividends

QDVD.DE vs. SPPY.DE - Dividend Comparison

QDVD.DE's dividend yield for the trailing twelve months is around 2.52%, while SPPY.DE has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
QDVD.DE iShares MSCI USA Quality Dividend Advanced UCITS ETF	2.52%	1.96%	2.02%	2.21%	2.43%	2.34%	3.07%	2.63%	2.80%	2.58%	2.44%	2.67%
SPPY.DE State Street SPDR S&P 500 Leaders UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

QDVD.DE vs. SPPY.DE - Drawdown Comparison

The maximum QDVD.DE drawdown since its inception was -32.58%, roughly equal to the maximum SPPY.DE drawdown of -33.31%. Use the drawdown chart below to compare losses from any high point for QDVD.DE and SPPY.DE.

Drawdown Indicators

	QDVD.DE	SPPY.DE	Difference
Max Drawdown Largest peak-to-trough decline	-32.58%	-33.31%	+0.73%
Max Drawdown (1Y) Largest decline over 1 year	-13.74%	-13.53%	-0.21%
Max Drawdown (5Y) Largest decline over 5 years	-21.55%	-23.82%	+2.27%
Max Drawdown (10Y) Largest decline over 10 years	-32.58%	—	—
Current Drawdown Current decline from peak	-3.54%	-4.75%	+1.21%
Average Drawdown Average peak-to-trough decline	-4.69%	-4.95%	+0.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.02%	2.21%	-0.19%

Volatility

QDVD.DE vs. SPPY.DE - Volatility Comparison

The current volatility for iShares MSCI USA Quality Dividend Advanced UCITS ETF (QDVD.DE) is 3.31%, while State Street SPDR S&P 500 Leaders UCITS ETF (SPPY.DE) has a volatility of 3.99%. This indicates that QDVD.DE experiences smaller price fluctuations and is considered to be less risky than SPPY.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QDVD.DE	SPPY.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.31%	3.99%	-0.68%
Volatility (6M) Calculated over the trailing 6-month period	7.32%	8.42%	-1.10%
Volatility (1Y) Calculated over the trailing 1-year period	16.04%	17.20%	-1.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.81%	15.45%	-1.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.83%	17.72%	-2.89%