QDVI.DE vs. ZPRU.DE
QDVI.DE (iShares Edge MSCI USA Value Factor UCITS ETF) and ZPRU.DE (SPDR MSCI USA Value Weighted UCITS ETF) are both Large Cap Value Equities funds - QDVI.DE tracks the MSCI USA Enhanced Value while ZPRU.DE tracks the MSCI USA Value Weighted. Both are passively managed. Over the past 5 years, QDVI.DE returned 17.11%/yr vs 13.54%/yr for ZPRU.DE. With a 0.98 correlation, they move nearly in lockstep. Both charge a 0.20% expense ratio.
Performance
QDVI.DE vs. ZPRU.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, QDVI.DE achieves a 49.34% return, which is significantly higher than ZPRU.DE's 31.29% return.
QDVI.DE
- 1D
- 0.22%
- 1M
- 17.95%
- YTD
- 49.34%
- 6M
- 52.54%
- 1Y
- 88.01%
- 3Y*
- 30.40%
- 5Y*
- 17.11%
- 10Y*
- —
ZPRU.DE
- 1D
- -0.45%
- 1M
- 15.12%
- YTD
- 31.29%
- 6M
- 34.63%
- 1Y
- 61.75%
- 3Y*
- 23.27%
- 5Y*
- 13.54%
- 10Y*
- 12.66%
QDVI.DE vs. ZPRU.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% |
ZPRU.DE SPDR MSCI USA Value Weighted UCITS ETF | 31.29% | 14.79% | 11.05% | 12.04% | -10.28% | 41.60% | -7.63% | 29.86% | -8.25% | 4.25% |
Correlation
The correlation between QDVI.DE and ZPRU.DE is 0.96 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.96 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.97 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.98 |
Correlation (All Time) Calculated using the full available price history since Oct 25, 2016 | 0.98 |
The correlation between QDVI.DE and ZPRU.DE has been stable across timeframes, ranging from 0.96 to 0.98 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
QDVI.DE vs. ZPRU.DE — Risk / Return Rank
QDVI.DE
ZPRU.DE
QDVI.DE vs. ZPRU.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 SPDR MSCI USA Value Weighted UCITS ETF (ZPRU.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 | ZPRU.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.23 | ||
| Sortino ratioReturn per unit of downside risk | +1.41 | ||
| Omega ratioGain probability vs. loss probability | 1.94 | 1.72 | +0.22 |
| Calmar ratioReturn relative to maximum drawdown | 15.30 | 11.05 | +4.25 |
| Martin ratioReturn relative to average drawdown | 60.71 | 40.19 | +20.52 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| QDVI.DE | ZPRU.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 5.50 | 4.27 | +1.23 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.01 | 0.82 | +0.19 |
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 | 0.60 | +0.16 |
Drawdowns
QDVI.DE vs. ZPRU.DE - Drawdown Comparison
The maximum QDVI.DE drawdown since its inception was -38.98%, roughly equal to the maximum ZPRU.DE drawdown of -39.69%. Use the drawdown chart below to compare losses from any high point for QDVI.DE and ZPRU.DE.
Loading charts...
Drawdown Indicators
| QDVI.DE | ZPRU.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.98% | -39.69% | +0.71% |
Max Drawdown (1Y)Largest decline over 1 year | -5.73% | -5.56% | -0.17% |
Max Drawdown (3Y)Largest decline over 3 years | -23.10% | -24.05% | +0.95% |
Max Drawdown (5Y)Largest decline over 5 years | -23.10% | -24.05% | +0.95% |
Max Drawdown (10Y)Largest decline over 10 years | — | -39.69% | — |
Current DrawdownCurrent decline from peak | 0.00% | -0.54% | +0.54% |
Average DrawdownAverage peak-to-trough decline | -6.78% | -6.46% | -0.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.45% | 1.53% | -0.08% |
Volatility
QDVI.DE vs. ZPRU.DE - Volatility Comparison
iShares Edge MSCI USA Value Factor UCITS ETF (QDVI.DE) has a higher volatility of 6.59% compared to SPDR MSCI USA Value Weighted UCITS ETF (ZPRU.DE) at 5.53%. This indicates that QDVI.DE's price experiences larger fluctuations and is considered to be riskier than ZPRU.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| QDVI.DE | ZPRU.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.59% | 5.53% | +1.06% |
Volatility (6M)Calculated over the trailing 6-month period | 12.30% | 10.27% | +2.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.04% | 14.40% | +1.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.79% | 16.39% | +0.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.70% | 17.99% | +0.71% |
QDVI.DE vs. ZPRU.DE - Expense Ratio Comparison
Both QDVI.DE and ZPRU.DE have an expense ratio of 0.20%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
QDVI.DE vs. ZPRU.DE - Dividend Comparison
Neither QDVI.DE nor ZPRU.DE has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.96, QDVI.DE and ZPRU.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.
Both ETFs have the same 0.20% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
QDVI.DE and ZPRU.DE have the same expense ratio: 0.20% per year.
QDVI.DE tracks MSCI USA Enhanced Value, while ZPRU.DE tracks MSCI USA Value Weighted. They also come from different issuers: iShares and State Street.
Find the right allocation for QDVI.DE and ZPRU.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer