QDVE.DE vs. QQQ
Compare and contrast key facts about iShares S&P 500 Information Technology Sector UCITS ETF (QDVE.DE) and Invesco QQQ (QQQ).
QDVE.DE and QQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QDVE.DE is a passively managed fund by iShares that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on Nov 20, 2015. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999. Both QDVE.DE and QQQ 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: QDVE.DE or QQQ.
Key characteristics
| QDVE.DE | QQQ | |
|---|---|---|
| YTD Return | 17.66% | 9.88% |
| 1Y Return | 27.28% | 21.43% |
| 3Y Return (Ann) | 15.63% | 6.20% |
| 5Y Return (Ann) | 23.15% | 19.38% |
| Sharpe Ratio | 1.41 | 1.16 |
| Daily Std Dev | 20.07% | 17.67% |
| Max Drawdown | -31.45% | -82.98% |
| Current Drawdown | -14.67% | -10.79% |
Correlation
The correlation between QDVE.DE and QQQ is 0.59, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
QDVE.DE vs. QQQ - Performance Comparison
In the year-to-date period, QDVE.DE achieves a 17.66% return, which is significantly higher than QQQ's 9.88% 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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QDVE.DE vs. QQQ - Expense Ratio Comparison
QDVE.DE has a 0.15% expense ratio, which is lower than QQQ's 0.20% 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%.
Risk-Adjusted Performance
QDVE.DE vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares S&P 500 Information Technology Sector UCITS ETF (QDVE.DE) and Invesco QQQ (QQQ). 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
QDVE.DE vs. QQQ - Dividend Comparison
QDVE.DE has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.64%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QDVE.DE iShares S&P 500 Information Technology Sector 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% |
QQQ Invesco QQQ | 0.64% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.01% |
Drawdowns
QDVE.DE vs. QQQ - Drawdown Comparison
The maximum QDVE.DE drawdown since its inception was -31.45%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for QDVE.DE and QQQ. For additional features, visit the drawdowns tool.
Volatility
QDVE.DE vs. QQQ - Volatility Comparison
iShares S&P 500 Information Technology Sector UCITS ETF (QDVE.DE) has a higher volatility of 6.85% compared to Invesco QQQ (QQQ) at 6.40%. This indicates that QDVE.DE's price experiences larger fluctuations and is considered to be riskier than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.