QDVI.DE vs. OSX2.DE

Last updated Jun 5, 2026

QDVI.DE (iShares Edge MSCI USA Value Factor UCITS ETF) and OSX2.DE (Ossiam US Minimum Variance ESG UCITS ETF (EUR)) are both Large Cap Value Equities funds - QDVI.DE tracks the MSCI USA Enhanced Value while OSX2.DE tracks the US ESG Minimum Variance. Both are passively managed. A 0.64 correlation means they provide meaningful diversification when combined. QDVI.DE charges 0.20%/yr vs 0.65%/yr for OSX2.DE.

Performance

QDVI.DE vs. OSX2.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares Edge MSCI USA Value Factor UCITS ETF (QDVI.DE) and Ossiam US Minimum Variance ESG UCITS ETF (EUR) (OSX2.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

QDVI.DE

• 1D: 0.22%
• 1M: 16.58%
• YTD: 49.34%
• 6M: 51.37%
• 1Y: 88.07%
• 3Y*: 30.40%
• 5Y*: 17.11%
• 10Y*: —

OSX2.DE

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

QDVI.DE vs. OSX2.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
QDVI.DE iShares Edge MSCI USA Value Factor UCITS ETF	49.34%	18.60%	12.66%	10.72%	-9.98%	41.21%	-10.84%	29.80%	-8.02%	6.93%
OSX2.DE Ossiam US Minimum Variance ESG UCITS ETF (EUR)	0.00%	-4.33%	21.73%	-1.44%	-1.03%	26.67%	-4.98%	27.33%	2.07%	-0.57%

Correlation

The correlation between QDVI.DE and OSX2.DE is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.32
Correlation (3Y) Calculated over the trailing 3-year period	0.54
Correlation (5Y) Calculated over the trailing 5-year period	0.61
Correlation (All Time) Calculated using the full available price history since Oct 25, 2016	0.64

Over the past year, the correlation between QDVI.DE and OSX2.DE has dropped to 0.32 - well below their long-term average of 0.64, suggesting their price drivers have been diverging.

Return for Risk

QDVI.DE vs. OSX2.DE — Risk / Return Rank

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

QDVI.DE

QDVI.DE Risk / Return Rank: 98
QDVI.DE Sharpe Ratio Rank: 98
QDVI.DE Sortino Ratio Rank: 98
QDVI.DE Omega Ratio Rank: 97
QDVI.DE Calmar Ratio Rank: 98
QDVI.DE Martin Ratio Rank: 98

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.

QDVI.DE vs. OSX2.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI USA Value Factor UCITS ETF (QDVI.DE) and Ossiam US Minimum Variance ESG UCITS ETF (EUR) (OSX2.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.

	QDVI.DE	OSX2.DE	Difference
Sharpe ratio: Return per unit of total volatility	5.50	—	—
Sortino ratio: Return per unit of downside risk	7.12	—	—
Omega ratio: Gain probability vs. loss probability	1.94	—	—
Calmar ratio: Return relative to maximum drawdown	15.30	—	—
Martin ratio: Return relative to average drawdown	60.71	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	QDVI.DE	OSX2.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	5.50	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.01	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.76	—	—

Drawdowns

Drawdown Indicators

	QDVI.DE	OSX2.DE	Difference
Max Drawdown Largest peak-to-trough decline	-38.98%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-5.73%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-23.10%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-23.10%	—	—
Current Drawdown Current decline from peak	0.00%	—	—
Average Drawdown Average peak-to-trough decline	-6.78%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	1.45%	—	—

Volatility

Volatility by Period

	QDVI.DE	OSX2.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.59%	—	—
Volatility (6M) Calculated over the trailing 6-month period	12.30%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	16.04%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.79%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.70%	—	—

QDVI.DE vs. OSX2.DE - Expense Ratio Comparison

QDVI.DE has a 0.20% expense ratio, which is lower than OSX2.DE's 0.65% expense ratio.

Dividends

QDVI.DE vs. OSX2.DE - Dividend Comparison

Neither QDVI.DE nor OSX2.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both QDVI.DE and OSX2.DE in my portfolio?

QDVI.DE and OSX2.DE have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, QDVI.DE or OSX2.DE?

On fees, QDVI.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, QDVI.DE or OSX2.DE?

QDVI.DE is cheaper with a 0.20% expense ratio, compared with 0.65% for OSX2.DE.

What is the main difference between QDVI.DE and OSX2.DE?

QDVI.DE tracks MSCI USA Enhanced Value, while OSX2.DE tracks US ESG Minimum Variance. They also come from different issuers: iShares and Natixis. Their fees differ too: 0.20% for QDVI.DE and 0.65% for OSX2.DE.