QDVE.DE vs. IWMO.L
QDVE.DE (iShares S&P 500 Information Technology Sector UCITS ETF) and IWMO.L (iShares Edge MSCI World Momentum Factor UCITS ETF USD (Acc)) are both exchange-traded funds - QDVE.DE is a Technology Equities fund tracking the S&P 500 Capped 35/20 Information Technology Index, while IWMO.L is a Momentum fund tracking the MSCI World Momentum Index. Both are passively managed. Over the past 10 years, QDVE.DE returned 25.61%/yr vs 15.44%/yr for IWMO.L. A 0.76 correlation means they provide meaningful diversification when combined. QDVE.DE charges 0.15%/yr vs 0.25%/yr for IWMO.L.
Performance
QDVE.DE vs. IWMO.L - Performance Comparison
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Different Trading Currencies
QDVE.DE is traded in EUR, while IWMO.L is traded in USD. To make them comparable, the IWMO.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, QDVE.DE achieves a 18.83% return, which is significantly lower than IWMO.L's 24.33% return. Over the past 10 years, QDVE.DE has outperformed IWMO.L with an annualized return of 25.61%, while IWMO.L has yielded a comparatively lower 15.44% annualized return.
QDVE.DE
- 1D
- 2.52%
- 1M
- -0.05%
- YTD
- 18.83%
- 6M
- 20.81%
- 1Y
- 43.45%
- 3Y*
- 28.42%
- 5Y*
- 23.77%
- 10Y*
- 25.61%
IWMO.L
- 1D
- 3.99%
- 1M
- 4.32%
- YTD
- 24.33%
- 6M
- 26.51%
- 1Y
- 35.26%
- 3Y*
- 25.97%
- 5Y*
- 14.79%
- 10Y*
- 15.44%
QDVE.DE vs. IWMO.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
QDVE.DE iShares S&P 500 Information Technology Sector UCITS ETF | 18.83% | 10.01% | 46.09% | 54.17% | -25.82% | 46.74% | 29.67% | 53.89% | 3.09% | 20.90% |
IWMO.L iShares Edge MSCI World Momentum Factor UCITS ETF USD (Acc) | 24.33% | 6.67% | 39.11% | 8.60% | -12.89% | 22.67% | 17.98% | 30.01% | 0.66% | 15.86% |
Correlation
The correlation between QDVE.DE and IWMO.L is 0.69, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.69 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.77 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.72 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.76 |
Correlation (All Time) Calculated using the full available price history since Dec 2, 2015 | 0.76 |
The correlation between QDVE.DE and IWMO.L has been stable across timeframes, ranging from 0.69 to 0.77 - a consistent structural relationship.
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Return for Risk
QDVE.DE vs. IWMO.L — Risk / Return Rank
QDVE.DE
IWMO.L
QDVE.DE vs. IWMO.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares S&P 500 Information Technology Sector UCITS ETF (QDVE.DE) and iShares Edge MSCI World Momentum Factor UCITS ETF USD (Acc) (IWMO.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.
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.
| QDVE.DE | IWMO.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.11 | ||
| Sortino ratioReturn per unit of downside risk | -0.23 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.35 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 2.71 | 3.72 | -1.01 |
| Martin ratioReturn relative to average drawdown | 7.03 | 14.47 | -7.43 |
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Drawdowns
QDVE.DE vs. IWMO.L - Drawdown Comparison
The maximum QDVE.DE drawdown since its inception was -31.40%, roughly equal to the maximum IWMO.L drawdown of -31.00%. Use the drawdown chart below to compare losses from any high point for QDVE.DE and IWMO.L.
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Drawdown Indicators
| QDVE.DE | IWMO.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.40% | -31.00% | -0.40% |
Max Drawdown (1Y)Largest decline over 1 year | -15.60% | -9.46% | -6.14% |
Max Drawdown (3Y)Largest decline over 3 years | -29.81% | -22.71% | -7.10% |
Max Drawdown (5Y)Largest decline over 5 years | -29.81% | -22.71% | -7.10% |
Max Drawdown (10Y)Largest decline over 10 years | -31.40% | -31.00% | -0.40% |
Current DrawdownCurrent decline from peak | -7.15% | -0.07% | -7.08% |
Average DrawdownAverage peak-to-trough decline | -5.80% | -5.68% | -0.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.03% | 2.43% | +3.60% |
Volatility
QDVE.DE vs. IWMO.L - Volatility Comparison
iShares S&P 500 Information Technology Sector UCITS ETF (QDVE.DE) has a higher volatility of 8.02% compared to iShares Edge MSCI World Momentum Factor UCITS ETF USD (Acc) (IWMO.L) at 7.08%. This indicates that QDVE.DE's price experiences larger fluctuations and is considered to be riskier than IWMO.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| QDVE.DE | IWMO.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.02% | 7.08% | +0.94% |
Volatility (6M)Calculated over the trailing 6-month period | 15.46% | 15.84% | -0.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.88% | 18.40% | +2.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.78% | 18.07% | +4.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.75% | 18.05% | +3.70% |
QDVE.DE vs. IWMO.L - Expense Ratio Comparison
QDVE.DE has a 0.15% expense ratio, which is lower than IWMO.L'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
QDVE.DE vs. IWMO.L - Dividend Comparison
Neither QDVE.DE nor IWMO.L has paid dividends to shareholders.
Frequently Asked Questions
QDVE.DE and IWMO.L have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, QDVE.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
QDVE.DE is cheaper with a 0.15% expense ratio, compared with 0.25% for IWMO.L.
QDVE.DE is categorized as Technology Equities, while IWMO.L is Momentum. QDVE.DE tracks S&P 500 Capped 35/20 Information Technology Index, while IWMO.L tracks MSCI World Momentum Index. Their fees differ too: 0.15% for QDVE.DE and 0.25% for IWMO.L.
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