QDVL.DE vs. IE3E.DE
QDVL.DE (iShares EUR Corporate Bond 0-3yr ESG UCITS ETF EUR (Dist)) and IE3E.DE (iShares EUR Corporate Bond 0-3yr ESG UCITS ETF EUR Acc) are both European Corporate Bonds funds from iShares tracking the Bloomberg MSCI Euro Corporate 0-3 Sustainable SRI. Both are passively managed. Over the past 3 years, QDVL.DE returned 3.75%/yr vs 3.74%/yr for IE3E.DE. A 0.67 correlation means they provide meaningful diversification when combined. Both charge a 0.12% expense ratio.
Performance
QDVL.DE vs. IE3E.DE - Performance Comparison
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Returns By Period
In the year-to-date period, QDVL.DE achieves a 0.74% return, which is significantly higher than IE3E.DE's 0.48% return.
QDVL.DE
- 1D
- 0.04%
- 1M
- 0.35%
- YTD
- 0.74%
- 6M
- 0.74%
- 1Y
- 1.95%
- 3Y*
- 3.75%
- 5Y*
- 1.61%
- 10Y*
- 0.90%
IE3E.DE
- 1D
- 0.05%
- 1M
- 0.28%
- YTD
- 0.48%
- 6M
- 0.60%
- 1Y
- 1.84%
- 3Y*
- 3.74%
- 5Y*
- —
- 10Y*
- —
QDVL.DE vs. IE3E.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
QDVL.DE iShares EUR Corporate Bond 0-3yr ESG UCITS ETF EUR (Dist) | 0.74% | 2.81% | 4.24% | 4.30% | -1.95% |
IE3E.DE iShares EUR Corporate Bond 0-3yr ESG UCITS ETF EUR Acc | 0.48% | 3.04% | 4.31% | 4.16% | -1.80% |
Correlation
The correlation between QDVL.DE and IE3E.DE is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.48 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.60 |
Correlation (All Time) Calculated using the full available price history since May 30, 2022 | 0.67 |
The correlation between QDVL.DE and IE3E.DE shifts across timeframes, from 0.48 (1 year) to 0.67 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
QDVL.DE vs. IE3E.DE — Risk / Return Rank
QDVL.DE
IE3E.DE
QDVL.DE vs. IE3E.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares EUR Corporate Bond 0-3yr ESG UCITS ETF EUR (Dist) (QDVL.DE) and iShares EUR Corporate Bond 0-3yr ESG UCITS ETF EUR Acc (IE3E.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.
| QDVL.DE | IE3E.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.40 | ||
| Sortino ratioReturn per unit of downside risk | +0.69 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.25 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 2.08 | 1.86 | +0.22 |
| Martin ratioReturn relative to average drawdown | 8.99 | 7.32 | +1.67 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| QDVL.DE | IE3E.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.65 | 1.25 | +0.40 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.01 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.31 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.32 | 1.57 | -1.25 |
Drawdowns
QDVL.DE vs. IE3E.DE - Drawdown Comparison
The maximum QDVL.DE drawdown since its inception was -8.22%, which is greater than IE3E.DE's maximum drawdown of -3.12%. Use the drawdown chart below to compare losses from any high point for QDVL.DE and IE3E.DE.
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Drawdown Indicators
| QDVL.DE | IE3E.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.22% | -3.12% | -5.10% |
Max Drawdown (1Y)Largest decline over 1 year | -0.93% | -0.98% | +0.05% |
Max Drawdown (3Y)Largest decline over 3 years | -0.93% | -0.98% | +0.05% |
Max Drawdown (5Y)Largest decline over 5 years | -4.90% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -8.22% | — | — |
Current DrawdownCurrent decline from peak | -0.01% | -0.08% | +0.07% |
Average DrawdownAverage peak-to-trough decline | -0.71% | -0.55% | -0.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.22% | 0.25% | -0.03% |
Volatility
QDVL.DE vs. IE3E.DE - Volatility Comparison
The current volatility for iShares EUR Corporate Bond 0-3yr ESG UCITS ETF EUR (Dist) (QDVL.DE) is 0.34%, while iShares EUR Corporate Bond 0-3yr ESG UCITS ETF EUR Acc (IE3E.DE) has a volatility of 0.42%. This indicates that QDVL.DE experiences smaller price fluctuations and is considered to be less risky than IE3E.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| QDVL.DE | IE3E.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.34% | 0.42% | -0.08% |
Volatility (6M)Calculated over the trailing 6-month period | 1.02% | 1.31% | -0.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.18% | 1.46% | -0.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.58% | 1.59% | -0.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.86% | 1.59% | +1.27% |
QDVL.DE vs. IE3E.DE - Expense Ratio Comparison
Both QDVL.DE and IE3E.DE have an expense ratio of 0.12%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
QDVL.DE vs. IE3E.DE - Dividend Comparison
QDVL.DE's dividend yield for the trailing twelve months is around 2.91%, while IE3E.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
IE3E.DE iShares EUR Corporate Bond 0-3yr ESG UCITS ETF EUR Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QDVL.DE iShares EUR Corporate Bond 0-3yr ESG UCITS ETF EUR (Dist) | 2.91% | 3.04% | 2.95% | 1.95% | 0.31% | 0.13% | 0.23% | 0.27% | 0.13% | 0.12% | 0.17% |
Frequently Asked Questions
QDVL.DE and IE3E.DE have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.12% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
QDVL.DE and IE3E.DE have the same expense ratio: 0.12% per year.
Both ETFs track Bloomberg MSCI Euro Corporate 0-3 Sustainable SRI.
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