QDVX.DE vs. XESD.DE
QDVX.DE (iShares MSCI Europe Quality Dividend ESG UCITS ETF EUR (Dist)) and XESD.DE (Xtrackers Spanish Equity UCITS ETF) are both Europe Equities funds - QDVX.DE tracks the MSCI Europe High Dividend Yield ESG Reduced Carbon Target Select while XESD.DE tracks the Solactive Spain 40. Both are passively managed. Over the past 5 years, QDVX.DE returned 11.08%/yr vs 20.35%/yr for XESD.DE. A 0.76 correlation means they provide meaningful diversification when combined. QDVX.DE charges 0.28%/yr vs 0.30%/yr for XESD.DE.
Performance
QDVX.DE vs. XESD.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, QDVX.DE achieves a 9.85% return, which is significantly lower than XESD.DE's 14.69% return.
QDVX.DE
- 1D
- 0.71%
- 1M
- 3.98%
- YTD
- 9.85%
- 6M
- 10.52%
- 1Y
- 16.54%
- 3Y*
- 13.68%
- 5Y*
- 11.08%
- 10Y*
- —
XESD.DE
- 1D
- 0.62%
- 1M
- 6.78%
- YTD
- 14.69%
- 6M
- 15.76%
- 1Y
- 47.75%
- 3Y*
- 32.29%
- 5Y*
- 20.35%
- 10Y*
- 14.01%
QDVX.DE vs. XESD.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
QDVX.DE iShares MSCI Europe Quality Dividend ESG UCITS ETF EUR (Dist) | 9.85% | 11.29% | 10.80% | 15.21% | 0.82% | 18.84% | -10.01% | 26.71% | -6.49% | -0.05% |
XESD.DE Xtrackers Spanish Equity UCITS ETF | 14.69% | 58.72% | 14.57% | 26.76% | -1.63% | 10.91% | -10.10% | 15.69% | -12.39% | -4.95% |
Correlation
The correlation between QDVX.DE and XESD.DE is 0.66, 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 | 0.66 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.68 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.73 |
Correlation (All Time) Calculated using the full available price history since Jun 12, 2017 | 0.76 |
The correlation between QDVX.DE and XESD.DE has been stable across timeframes, ranging from 0.66 to 0.76 - 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
QDVX.DE vs. XESD.DE — Risk / Return Rank
QDVX.DE
XESD.DE
QDVX.DE vs. XESD.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 Xtrackers Spanish Equity UCITS ETF (XESD.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.
| QDVX.DE | XESD.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.32 | ||
| Sortino ratioReturn per unit of downside risk | -1.64 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.50 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | 2.00 | 4.62 | -2.62 |
| Martin ratioReturn relative to average drawdown | 6.67 | 16.31 | -9.65 |
Loading charts...
Drawdowns
QDVX.DE vs. XESD.DE - Drawdown Comparison
The maximum QDVX.DE drawdown since its inception was -38.42%, roughly equal to the maximum XESD.DE drawdown of -38.76%. Use the drawdown chart below to compare losses from any high point for QDVX.DE and XESD.DE.
Loading charts...
Drawdown Indicators
| QDVX.DE | XESD.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.42% | -38.76% | +0.34% |
Max Drawdown (1Y)Largest decline over 1 year | -8.23% | -10.28% | +2.05% |
Max Drawdown (3Y)Largest decline over 3 years | -14.02% | -12.49% | -1.53% |
Max Drawdown (5Y)Largest decline over 5 years | -14.62% | -18.55% | +3.93% |
Max Drawdown (10Y)Largest decline over 10 years | — | -38.76% | — |
Current DrawdownCurrent decline from peak | 0.00% | -0.18% | +0.18% |
Average DrawdownAverage peak-to-trough decline | -4.67% | -8.46% | +3.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.48% | 2.92% | -0.44% |
Volatility
QDVX.DE vs. XESD.DE - Volatility Comparison
The current volatility for iShares MSCI Europe Quality Dividend ESG UCITS ETF EUR (Dist) (QDVX.DE) is 2.50%, while Xtrackers Spanish Equity UCITS ETF (XESD.DE) has a volatility of 4.05%. This indicates that QDVX.DE experiences smaller price fluctuations and is considered to be less risky than XESD.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| QDVX.DE | XESD.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.50% | 4.05% | -1.55% |
Volatility (6M)Calculated over the trailing 6-month period | 8.71% | 14.41% | -5.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.18% | 17.06% | -5.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.87% | 16.77% | -3.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.30% | 18.49% | -3.19% |
QDVX.DE vs. XESD.DE - Expense Ratio Comparison
QDVX.DE has a 0.28% expense ratio, which is lower than XESD.DE's 0.30% expense ratio.
Dividends
QDVX.DE vs. XESD.DE - Dividend Comparison
QDVX.DE's dividend yield for the trailing twelve months is around 3.06%, more than XESD.DE's 2.34% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QDVX.DE iShares MSCI Europe Quality Dividend ESG UCITS ETF EUR (Dist) | 3.06% | 3.02% | 3.11% | 3.58% | 4.25% | 4.50% | 3.25% | 4.45% | 5.20% | 0.74% | 0.00% | 0.00% |
XESD.DE Xtrackers Spanish Equity UCITS ETF | 2.34% | 2.43% | 3.14% | 2.56% | 3.98% | 1.51% | 4.30% | 3.35% | 4.48% | 2.51% | 1.14% | 0.42% |
Frequently Asked Questions
QDVX.DE and XESD.DE have a correlation of 0.66, 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 0.30% for XESD.DE.
QDVX.DE tracks MSCI Europe High Dividend Yield ESG Reduced Carbon Target Select, while XESD.DE tracks Solactive Spain 40. They also come from different issuers: iShares and Xtrackers. Their fees differ too: 0.28% for QDVX.DE and 0.30% for XESD.DE.
Find the right allocation for QDVX.DE and XESD.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