QDVY.DE vs. CBU0.DE
QDVY.DE (iShares USD Floating Rate Bond UCITS ETF) and CBU0.DE (iShares Core GBP Corporate Bond UCITS ETF (EUR Hedged) Acc) are both Corporate Bonds funds from iShares - QDVY.DE tracks the Bloomberg US Floating Rate Notes 1-5 while CBU0.DE tracks the iBoxx® GBP Liquid Corporates Large Cap (EUR Hedged). Both are passively managed. Over the past 3 years, QDVY.DE returned -0.58%/yr vs 3.94%/yr for CBU0.DE. At a correlation of -0.21, they often move in opposite directions. QDVY.DE charges 0.10%/yr vs 0.25%/yr for CBU0.DE.
Performance
QDVY.DE vs. CBU0.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, QDVY.DE achieves a 0.88% return, which is significantly higher than CBU0.DE's -0.89% return.
QDVY.DE
- 1D
- -0.14%
- 1M
- -0.63%
- YTD
- 0.88%
- 6M
- 0.12%
- 1Y
- -1.37%
- 3Y*
- -0.58%
- 5Y*
- 3.10%
- 10Y*
- —
CBU0.DE
- 1D
- 0.17%
- 1M
- 0.91%
- YTD
- -0.89%
- 6M
- -0.71%
- 1Y
- 2.45%
- 3Y*
- 3.94%
- 5Y*
- —
- 10Y*
- —
QDVY.DE vs. CBU0.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
QDVY.DE iShares USD Floating Rate Bond UCITS ETF | 0.88% | -11.19% | 9.21% | 3.00% |
CBU0.DE iShares Core GBP Corporate Bond UCITS ETF (EUR Hedged) Acc | -0.89% | 4.58% | -0.25% | 5.06% |
Correlation
The correlation between QDVY.DE and CBU0.DE is -0.34, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.34 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.22 |
Correlation (All Time) Calculated using the full available price history since Mar 27, 2023 | -0.22 |
The correlation between QDVY.DE and CBU0.DE shifts across timeframes, from -0.34 (1 year) to -0.21 (all time), 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
QDVY.DE vs. CBU0.DE — Risk / Return Rank
QDVY.DE
CBU0.DE
QDVY.DE vs. CBU0.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares USD Floating Rate Bond UCITS ETF (QDVY.DE) and iShares Core GBP Corporate Bond UCITS ETF (EUR Hedged) Acc (CBU0.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.
| QDVY.DE | CBU0.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.71 | ||
| Sortino ratioReturn per unit of downside risk | -0.97 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 1.09 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | -0.27 | 0.58 | -0.86 |
| Martin ratioReturn relative to average drawdown | -0.59 | 1.62 | -2.20 |
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
| QDVY.DE | CBU0.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.23 | 0.48 | -0.71 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.39 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.27 | 0.45 | -0.18 |
Drawdowns
QDVY.DE vs. CBU0.DE - Drawdown Comparison
The maximum QDVY.DE drawdown since its inception was -14.81%, which is greater than CBU0.DE's maximum drawdown of -6.02%. Use the drawdown chart below to compare losses from any high point for QDVY.DE and CBU0.DE.
Loading charts...
Drawdown Indicators
| QDVY.DE | CBU0.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.81% | -6.02% | -8.79% |
Max Drawdown (1Y)Largest decline over 1 year | -5.67% | -4.20% | -1.47% |
Max Drawdown (3Y)Largest decline over 3 years | -14.81% | -4.20% | -10.61% |
Max Drawdown (5Y)Largest decline over 5 years | -14.81% | — | — |
Current DrawdownCurrent decline from peak | -12.65% | -2.03% | -10.62% |
Average DrawdownAverage peak-to-trough decline | -5.01% | -1.65% | -3.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.63% | 1.52% | +1.11% |
Volatility
QDVY.DE vs. CBU0.DE - Volatility Comparison
iShares USD Floating Rate Bond UCITS ETF (QDVY.DE) has a higher volatility of 2.20% compared to iShares Core GBP Corporate Bond UCITS ETF (EUR Hedged) Acc (CBU0.DE) at 2.00%. This indicates that QDVY.DE's price experiences larger fluctuations and is considered to be riskier than CBU0.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| QDVY.DE | CBU0.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.20% | 2.00% | +0.20% |
Volatility (6M)Calculated over the trailing 6-month period | 4.35% | 4.39% | -0.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.84% | 5.11% | +1.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.90% | 5.81% | +2.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.71% | 5.81% | +1.90% |
QDVY.DE vs. CBU0.DE - Expense Ratio Comparison
QDVY.DE has a 0.10% expense ratio, which is lower than CBU0.DE's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
QDVY.DE vs. CBU0.DE - Dividend Comparison
Neither QDVY.DE nor CBU0.DE has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
CBU0.DE iShares Core GBP Corporate Bond UCITS ETF (EUR Hedged) Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QDVY.DE iShares USD Floating Rate Bond UCITS ETF | 0.00% | 0.00% | 2.90% | 5.61% | 1.50% | 0.57% | 1.75% | 2.94% | 2.20% | 0.47% |
Frequently Asked Questions
QDVY.DE and CBU0.DE have a correlation of -0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, QDVY.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
QDVY.DE is cheaper with a 0.10% expense ratio, compared with 0.25% for CBU0.DE.
QDVY.DE tracks Bloomberg US Floating Rate Notes 1-5, while CBU0.DE tracks iBoxx® GBP Liquid Corporates Large Cap (EUR Hedged). Their fees differ too: 0.10% for QDVY.DE and 0.25% for CBU0.DE.
Find the right allocation for QDVY.DE and CBU0.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