QDVX.DE vs. FTGE.DE
QDVX.DE (iShares MSCI Europe Quality Dividend ESG UCITS ETF EUR (Dist)) and FTGE.DE (First Trust Eurozone AlphaDEX UCITS ETF Acc) are both Europe Equities funds - QDVX.DE tracks the MSCI Europe High Dividend Yield ESG Reduced Carbon Target Select while FTGE.DE tracks the Nasdaq AlphaDEX® Eurozone. Both are passively managed. Over the past 5 years, QDVX.DE returned 10.16%/yr vs 11.59%/yr for FTGE.DE. A 0.77 correlation means they provide meaningful diversification when combined. QDVX.DE charges 0.28%/yr vs 0.65%/yr for FTGE.DE.
Performance
QDVX.DE vs. FTGE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, QDVX.DE achieves a 4.78% return, which is significantly lower than FTGE.DE's 13.73% return.
QDVX.DE
- 1D
- 0.51%
- 1M
- -0.32%
- YTD
- 4.78%
- 6M
- 6.26%
- 1Y
- 7.42%
- 3Y*
- 10.77%
- 5Y*
- 10.16%
- 10Y*
- —
FTGE.DE
- 1D
- 0.51%
- 1M
- 0.87%
- YTD
- 13.73%
- 6M
- 16.65%
- 1Y
- 29.62%
- 3Y*
- 22.56%
- 5Y*
- 11.59%
- 10Y*
- —
QDVX.DE vs. FTGE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
QDVX.DE iShares MSCI Europe Quality Dividend ESG UCITS ETF EUR (Dist) | 4.78% | 11.35% | 10.70% | 15.30% | 0.75% | 19.00% | 17.60% |
FTGE.DE First Trust Eurozone AlphaDEX UCITS ETF Acc | 13.73% | 39.79% | 9.52% | 12.43% | -14.37% | 20.47% | 24.16% |
Correlation
The correlation between QDVX.DE and FTGE.DE is 0.70, 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 | 0.70 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.71 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.76 |
Correlation (All Time) Calculated using the full available price history since May 19, 2020 | 0.77 |
The correlation between QDVX.DE and FTGE.DE has been stable across timeframes, ranging from 0.70 to 0.77 - a consistent structural relationship.
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Return for Risk
QDVX.DE vs. FTGE.DE — Risk / Return Rank
QDVX.DE
FTGE.DE
QDVX.DE vs. FTGE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Europe Quality Dividend ESG UCITS ETF EUR (Dist) (QDVX.DE) and First Trust Eurozone AlphaDEX UCITS ETF Acc (FTGE.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.
| QDVX.DE | FTGE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.46 | ||
| Sortino ratioReturn per unit of downside risk | -1.91 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.40 | -0.27 |
| Calmar ratioReturn relative to maximum drawdown | 0.94 | 3.27 | -2.34 |
| Martin ratioReturn relative to average drawdown | 2.94 | 12.30 | -9.36 |
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
| QDVX.DE | FTGE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.69 | 2.16 | -1.46 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.79 | 0.65 | +0.13 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.51 | 0.88 | -0.38 |
Drawdowns
QDVX.DE vs. FTGE.DE - Drawdown Comparison
The maximum QDVX.DE drawdown since its inception was -38.46%, which is greater than FTGE.DE's maximum drawdown of -26.63%. Use the drawdown chart below to compare losses from any high point for QDVX.DE and FTGE.DE.
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Drawdown Indicators
| QDVX.DE | FTGE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.46% | -26.63% | -11.83% |
Max Drawdown (1Y)Largest decline over 1 year | -8.24% | -9.38% | +1.14% |
Max Drawdown (3Y)Largest decline over 3 years | -14.02% | -16.12% | +2.10% |
Max Drawdown (5Y)Largest decline over 5 years | -14.59% | -26.63% | +12.04% |
Current DrawdownCurrent decline from peak | -2.25% | 0.00% | -2.25% |
Average DrawdownAverage peak-to-trough decline | -4.70% | -5.40% | +0.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.63% | 2.50% | +0.13% |
Volatility
QDVX.DE vs. FTGE.DE - Volatility Comparison
The current volatility for iShares MSCI Europe Quality Dividend ESG UCITS ETF EUR (Dist) (QDVX.DE) is 3.58%, while First Trust Eurozone AlphaDEX UCITS ETF Acc (FTGE.DE) has a volatility of 3.83%. This indicates that QDVX.DE experiences smaller price fluctuations and is considered to be less risky than FTGE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| QDVX.DE | FTGE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.58% | 3.83% | -0.25% |
Volatility (6M)Calculated over the trailing 6-month period | 8.60% | 11.63% | -3.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.09% | 14.23% | -3.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.78% | 17.58% | -4.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.35% | 18.41% | -3.06% |
QDVX.DE vs. FTGE.DE - Expense Ratio Comparison
QDVX.DE has a 0.28% expense ratio, which is lower than FTGE.DE's 0.65% expense ratio.
Dividends
QDVX.DE vs. FTGE.DE - Dividend Comparison
QDVX.DE's dividend yield for the trailing twelve months is around 3.21%, while FTGE.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
FTGE.DE First Trust Eurozone AlphaDEX UCITS ETF Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QDVX.DE iShares MSCI Europe Quality Dividend ESG UCITS ETF EUR (Dist) | 3.21% | 3.02% | 3.11% | 3.58% | 4.25% | 4.50% | 3.25% | 4.45% | 5.19% | 1.56% |
Frequently Asked Questions
QDVX.DE and FTGE.DE have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, QDVX.DE is cheaper at 0.28% per year. The better choice depends on whether you care most about return, fees, risk, or income.
QDVX.DE is cheaper with a 0.28% expense ratio, compared with 0.65% for FTGE.DE.
QDVX.DE tracks MSCI Europe High Dividend Yield ESG Reduced Carbon Target Select, while FTGE.DE tracks Nasdaq AlphaDEX® Eurozone. They also come from different issuers: iShares and First Trust. Their fees differ too: 0.28% for QDVX.DE and 0.65% for FTGE.DE.
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