QDVE.DE vs. WDTE.DE
QDVE.DE (iShares S&P 500 Information Technology Sector UCITS ETF) and WDTE.DE (Invesco S&P World Information Technology ESG UCITS ETF Acc) are both Technology Equities funds - QDVE.DE tracks the S&P 500 Capped 35/20 Information Technology Index while WDTE.DE tracks the S&P Developed Ex-Korea LargeMidCap ESG Enhanced Information Technology. Both are passively managed. Over the past 3 years, QDVE.DE returned 28.43%/yr vs 23.37%/yr for WDTE.DE. With a 0.96 correlation, they move nearly in lockstep. QDVE.DE charges 0.15%/yr vs 0.18%/yr for WDTE.DE.
Performance
QDVE.DE vs. WDTE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, QDVE.DE achieves a 19.81% return, which is significantly higher than WDTE.DE's 14.23% return.
QDVE.DE
- 1D
- -0.94%
- 1M
- -1.73%
- 6M
- 20.98%
- YTD
- 19.81%
- 1Y
- 33.38%
- 3Y*
- 28.43%
- 5Y*
- 21.74%
- 10Y*
- 25.07%
WDTE.DE
- 1D
- 0.00%
- 1M
- -1.48%
- 6M
- 15.60%
- YTD
- 14.23%
- 1Y
- 24.13%
- 3Y*
- 23.37%
- 5Y*
- —
- 10Y*
- —
QDVE.DE vs. WDTE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
QDVE.DE iShares S&P 500 Information Technology Sector UCITS ETF | 19.81% | 10.01% | 46.09% | 31.36% |
WDTE.DE Invesco S&P World Information Technology ESG UCITS ETF Acc | 14.23% | 6.19% | 42.11% | 32.50% |
Correlation
The correlation between QDVE.DE and WDTE.DE is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.94 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.96 |
Correlation (All Time) Calculated using the full available price history since Apr 17, 2023 | 0.96 |
The correlation between QDVE.DE and WDTE.DE has been stable across timeframes, ranging from 0.94 to 0.96 - a consistent structural relationship.
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Return for Risk
QDVE.DE vs. WDTE.DE — Risk / Return Rank
QDVE.DE
WDTE.DE
QDVE.DE vs. WDTE.DE - 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 Invesco S&P World Information Technology ESG UCITS ETF Acc (WDTE.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.
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 | WDTE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.37 | ||
| Sortino ratioReturn per unit of downside risk | +0.45 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.20 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 2.13 | 1.54 | +0.59 |
| Martin ratioReturn relative to average drawdown | 5.28 | 3.73 | +1.55 |
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Drawdowns
QDVE.DE vs. WDTE.DE - Drawdown Comparison
The maximum QDVE.DE drawdown since its inception was -31.40%, which is greater than WDTE.DE's maximum drawdown of -28.19%. Use the drawdown chart below to compare losses from any high point for QDVE.DE and WDTE.DE.
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Drawdown Indicators
| QDVE.DE | WDTE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.40% | -28.19% | -3.21% |
Max Drawdown (1Y)Largest decline over 1 year | -15.60% | -15.79% | +0.19% |
Max Drawdown (3Y)Largest decline over 3 years | -29.81% | -28.19% | -1.62% |
Max Drawdown (5Y)Largest decline over 5 years | -29.81% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -31.40% | — | — |
Current DrawdownCurrent decline from peak | -6.39% | -6.96% | +0.57% |
Average DrawdownAverage peak-to-trough decline | -5.80% | -5.05% | -0.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.31% | 6.49% | -0.18% |
Volatility
QDVE.DE vs. WDTE.DE - Volatility Comparison
iShares S&P 500 Information Technology Sector UCITS ETF (QDVE.DE) has a higher volatility of 7.10% compared to Invesco S&P World Information Technology ESG UCITS ETF Acc (WDTE.DE) at 6.64%. This indicates that QDVE.DE's price experiences larger fluctuations and is considered to be riskier than WDTE.DE 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 | WDTE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.10% | 6.64% | +0.46% |
Volatility (6M)Calculated over the trailing 6-month period | 16.44% | 16.76% | -0.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.89% | 21.13% | +0.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.97% | 21.89% | +1.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.84% | 21.89% | -0.05% |
QDVE.DE vs. WDTE.DE - Expense Ratio Comparison
QDVE.DE has a 0.15% expense ratio, which is lower than WDTE.DE's 0.18% 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. WDTE.DE - Dividend Comparison
Neither QDVE.DE nor WDTE.DE has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.94, QDVE.DE and WDTE.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, 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 0.18% for WDTE.DE.
QDVE.DE tracks S&P 500 Capped 35/20 Information Technology Index, while WDTE.DE tracks S&P Developed Ex-Korea LargeMidCap ESG Enhanced Information Technology. They also come from different issuers: iShares and Invesco. Their fees differ too: 0.15% for QDVE.DE and 0.18% for WDTE.DE.
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