QDVQ.DE vs. JGHY.DE
QDVQ.DE (iShares Fallen Angels High Yield Corporate Bond UCITS ETF) and JGHY.DE (JPM Global High Yield Corporate Bond Multi-Factor Active UCITS ETF USD Acc) are both High Yield Bonds funds. QDVQ.DE is passively managed, while JGHY.DE is actively managed. Over the past 5 years, QDVQ.DE returned 3.08%/yr vs 4.39%/yr for JGHY.DE. A 0.80 correlation means they provide meaningful diversification when combined. QDVQ.DE charges 0.50%/yr vs 0.35%/yr for JGHY.DE.
Performance
QDVQ.DE vs. JGHY.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, QDVQ.DE achieves a 3.93% return, which is significantly lower than JGHY.DE's 4.92% return.
QDVQ.DE
- 1D
- 0.43%
- 1M
- 0.93%
- 6M
- 2.40%
- YTD
- 3.93%
- 1Y
- 7.15%
- 3Y*
- 6.63%
- 5Y*
- 3.08%
- 10Y*
- 5.27%
JGHY.DE
- 1D
- -0.21%
- 1M
- 1.20%
- 6M
- 3.93%
- YTD
- 4.92%
- 1Y
- 8.73%
- 3Y*
- 7.91%
- 5Y*
- 4.39%
- 10Y*
- —
QDVQ.DE vs. JGHY.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
QDVQ.DE iShares Fallen Angels High Yield Corporate Bond UCITS ETF | 3.93% | 0.03% | 8.76% | 8.81% | -8.88% | 10.59% | 5.82% |
JGHY.DE JPM Global High Yield Corporate Bond Multi-Factor Active UCITS ETF USD Acc | 4.92% | -0.68% | 12.22% | 7.50% | -4.77% | 10.40% | -13.43% |
Correlation
The correlation between QDVQ.DE and JGHY.DE is 0.69, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.69 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.75 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.80 |
Correlation (All Time) Calculated using the full available price history since Feb 4, 2020 | 0.80 |
The correlation between QDVQ.DE and JGHY.DE shifts across timeframes, from 0.69 (1 year) to 0.80 (5 years), reflecting how their relationship changes across market environments.
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
QDVQ.DE vs. JGHY.DE — Risk / Return Rank
QDVQ.DE
JGHY.DE
QDVQ.DE vs. JGHY.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Fallen Angels High Yield Corporate Bond UCITS ETF (QDVQ.DE) and JPM Global High Yield Corporate Bond Multi-Factor Active UCITS ETF USD Acc (JGHY.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.
| QDVQ.DE | JGHY.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.73 | ||
| Sortino ratioReturn per unit of downside risk | -1.06 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.41 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 2.54 | 4.15 | -1.61 |
| Martin ratioReturn relative to average drawdown | 8.74 | 13.75 | -5.01 |
Loading charts...
Drawdowns
QDVQ.DE vs. JGHY.DE - Drawdown Comparison
The maximum QDVQ.DE drawdown since its inception was -22.96%, smaller than the maximum JGHY.DE drawdown of -24.72%. Use the drawdown chart below to compare losses from any high point for QDVQ.DE and JGHY.DE.
Loading charts...
Drawdown Indicators
| QDVQ.DE | JGHY.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.96% | -24.72% | +1.76% |
Max Drawdown (1Y)Largest decline over 1 year | -2.81% | -2.32% | -0.49% |
Max Drawdown (3Y)Largest decline over 3 years | -9.29% | -10.49% | +1.20% |
Max Drawdown (5Y)Largest decline over 5 years | -11.19% | -10.49% | -0.70% |
Max Drawdown (10Y)Largest decline over 10 years | -22.96% | — | — |
Current DrawdownCurrent decline from peak | -0.63% | -0.52% | -0.11% |
Average DrawdownAverage peak-to-trough decline | -3.13% | -6.58% | +3.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.82% | 0.70% | +0.12% |
Volatility
QDVQ.DE vs. JGHY.DE - Volatility Comparison
iShares Fallen Angels High Yield Corporate Bond UCITS ETF (QDVQ.DE) has a higher volatility of 1.67% compared to JPM Global High Yield Corporate Bond Multi-Factor Active UCITS ETF USD Acc (JGHY.DE) at 1.21%. This indicates that QDVQ.DE's price experiences larger fluctuations and is considered to be riskier than JGHY.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| QDVQ.DE | JGHY.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.67% | 1.21% | +0.46% |
Volatility (6M)Calculated over the trailing 6-month period | 3.67% | 3.04% | +0.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.14% | 4.63% | +0.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.53% | 6.57% | -0.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.40% | 8.78% | -0.38% |
QDVQ.DE vs. JGHY.DE - Expense Ratio Comparison
QDVQ.DE has a 0.50% expense ratio, which is higher than JGHY.DE's 0.35% expense ratio.
Dividends
QDVQ.DE vs. JGHY.DE - Dividend Comparison
QDVQ.DE's dividend yield for the trailing twelve months is around 5.62%, while JGHY.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
JGHY.DE JPM Global High Yield Corporate Bond Multi-Factor Active UCITS ETF USD Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QDVQ.DE iShares Fallen Angels High Yield Corporate Bond UCITS ETF | 5.62% | 5.73% | 5.78% | 5.25% | 4.46% | 3.82% | 4.44% | 4.56% | 4.97% | 4.65% | 2.13% |
Frequently Asked Questions
QDVQ.DE and JGHY.DE have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, JGHY.DE is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
JGHY.DE is cheaper with a 0.35% expense ratio, compared with 0.50% for QDVQ.DE.
They also come from different issuers: iShares and JPMorgan. Their fees differ too: 0.50% for QDVQ.DE and 0.35% for JGHY.DE.
Find the right allocation for QDVQ.DE and JGHY.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