QUAL vs. USD=X
QUAL (iShares MSCI USA Quality Factor ETF) is Large Cap Blend Equities fund tracking the MSCI USA Sector Neutral Quality Index, while USD=X (USD Cash) is a currency. Over the past 10 years, QUAL returned 14.19%/yr vs 0.00%/yr for USD=X.
Performance
QUAL vs. USD=X - Performance Comparison
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Returns By Period
QUAL
- 1D
- 0.32%
- 1M
- 1.62%
- YTD
- 7.89%
- 6M
- 8.26%
- 1Y
- 19.70%
- 3Y*
- 19.43%
- 5Y*
- 11.82%
- 10Y*
- 14.19%
USD=X
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- 0.00%
- 6M
- 0.00%
- 1Y
- 0.00%
- 3Y*
- 0.00%
- 5Y*
- 0.00%
- 10Y*
- 0.00%
QUAL vs. USD=X - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
QUAL iShares MSCI USA Quality Factor ETF | 7.89% | 12.65% | 22.29% | 30.88% | -20.50% | 26.94% | 17.04% | 33.89% | -5.70% | 22.26% |
USD=X USD Cash | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
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Return for Risk
QUAL vs. USD=X — Risk / Return Rank
QUAL
USD=X
QUAL vs. USD=X - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI USA Quality Factor ETF (QUAL) and USD Cash (USD=X). 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.
| QUAL | USD=X | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.29 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.19 | — | — |
| Martin ratioReturn relative to average drawdown | 9.96 | — | — |
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
| QUAL | USD=X | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.65 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.68 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.79 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.80 | — | — |
Drawdowns
QUAL vs. USD=X - Drawdown Comparison
The maximum QUAL drawdown since its inception was -34.06%, which is greater than USD=X's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for QUAL and USD=X.
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Drawdown Indicators
| QUAL | USD=X | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.06% | 0.00% | -34.06% |
Max Drawdown (1Y)Largest decline over 1 year | -9.03% | 0.00% | -9.03% |
Max Drawdown (3Y)Largest decline over 3 years | -18.00% | 0.00% | -18.00% |
Max Drawdown (5Y)Largest decline over 5 years | -28.23% | 0.00% | -28.23% |
Max Drawdown (10Y)Largest decline over 10 years | -34.06% | 0.00% | -34.06% |
Current DrawdownCurrent decline from peak | -1.61% | 0.00% | -1.61% |
Average DrawdownAverage peak-to-trough decline | -4.10% | 0.00% | -4.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.98% | 0.00% | +1.98% |
Volatility
QUAL vs. USD=X - Volatility Comparison
iShares MSCI USA Quality Factor ETF (QUAL) has a higher volatility of 3.12% compared to USD Cash (USD=X) at 0.00%. This indicates that QUAL's price experiences larger fluctuations and is considered to be riskier than USD=X based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| QUAL | USD=X | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.12% | 0.00% | +3.12% |
Volatility (6M)Calculated over the trailing 6-month period | 9.28% | 0.00% | +9.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.01% | 0.00% | +12.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.35% | 0.00% | +17.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.11% | 0.00% | +18.11% |
Frequently Asked Questions
QUAL has higher volatility (3.12%) compared to USD=X (0.00%). In terms of maximum drawdown, QUAL dropped -34.06% vs USD=X's 0.00%.
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