QUTM.DE vs. SHLD
QUTM.DE (VanEck Quantum Computing UCITS ETF A USD Acc) and SHLD (Global X Defense Tech ETF) are both exchange-traded funds - QUTM.DE is a Technology Equities fund tracking the MarketVector™ Global Quantum Leaders Total Return Net Index (MVQTMLTR), while SHLD is a Aerospace & Defense fund tracking the Global X Defense Tech Index. Both are passively managed. Over the past year, QUTM.DE returned 59.20% vs 9.65% for SHLD. At a 0.25 correlation, their price movements are largely independent. QUTM.DE charges 0.55%/yr vs 0.50%/yr for SHLD.
Performance
QUTM.DE vs. SHLD - Performance Comparison
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Different Trading Currencies
QUTM.DE is traded in EUR, while SHLD is traded in USD. To make them comparable, the SHLD values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, QUTM.DE achieves a 33.86% return, which is significantly higher than SHLD's 0.39% return.
QUTM.DE
- 1D
- -1.49%
- 1M
- 18.24%
- YTD
- 33.86%
- 6M
- 29.29%
- 1Y
- 59.20%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SHLD
- 1D
- 1.44%
- 1M
- -4.13%
- YTD
- 0.39%
- 6M
- 2.50%
- 1Y
- 9.65%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
QUTM.DE vs. SHLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
QUTM.DE VanEck Quantum Computing UCITS ETF A USD Acc | 33.86% | 14.59% |
SHLD Global X Defense Tech ETF | 0.39% | 14.05% |
Correlation
The correlation between QUTM.DE and SHLD is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since May 27, 2025 | 0.25 |
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Return for Risk
QUTM.DE vs. SHLD — Risk / Return Rank
QUTM.DE
SHLD
QUTM.DE vs. SHLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Quantum Computing UCITS ETF A USD Acc (QUTM.DE) and Global X Defense Tech ETF (SHLD). 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.
| QUTM.DE | SHLD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.55 | ||
| Sortino ratioReturn per unit of downside risk | +1.96 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.09 | +0.24 |
| Calmar ratioReturn relative to maximum drawdown | 2.48 | 0.48 | +2.00 |
| Martin ratioReturn relative to average drawdown | 5.81 | 1.23 | +4.59 |
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
| QUTM.DE | SHLD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.95 | 0.41 | +1.55 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.71 | 1.85 | -0.14 |
Drawdowns
QUTM.DE vs. SHLD - Drawdown Comparison
The maximum QUTM.DE drawdown since its inception was -23.74%, which is greater than SHLD's maximum drawdown of -20.18%. Use the drawdown chart below to compare losses from any high point for QUTM.DE and SHLD.
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Drawdown Indicators
| QUTM.DE | SHLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.74% | -20.18% | -3.56% |
Max Drawdown (1Y)Largest decline over 1 year | -23.74% | -20.18% | -3.56% |
Current DrawdownCurrent decline from peak | -3.42% | -17.56% | +14.14% |
Average DrawdownAverage peak-to-trough decline | -7.71% | -3.14% | -4.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.15% | 7.88% | +2.27% |
Volatility
QUTM.DE vs. SHLD - Volatility Comparison
VanEck Quantum Computing UCITS ETF A USD Acc (QUTM.DE) has a higher volatility of 12.36% compared to Global X Defense Tech ETF (SHLD) at 7.56%. This indicates that QUTM.DE's price experiences larger fluctuations and is considered to be riskier than SHLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| QUTM.DE | SHLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.36% | 7.56% | +4.80% |
Volatility (6M)Calculated over the trailing 6-month period | 20.92% | 18.83% | +2.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.14% | 23.77% | +6.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.16% | 21.02% | +9.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.16% | 21.02% | +9.14% |
QUTM.DE vs. SHLD - Expense Ratio Comparison
QUTM.DE has a 0.55% expense ratio, which is higher than SHLD's 0.50% expense ratio.
Dividends
QUTM.DE vs. SHLD - Dividend Comparison
QUTM.DE has not paid dividends to shareholders, while SHLD's dividend yield for the trailing twelve months is around 0.55%.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
QUTM.DE VanEck Quantum Computing UCITS ETF A USD Acc | 0.00% | 0.00% | 0.00% | 0.00% |
SHLD Global X Defense Tech ETF | 0.55% | 0.55% | 0.53% | 0.26% |
Frequently Asked Questions
QUTM.DE and SHLD have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SHLD is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SHLD is cheaper with a 0.50% expense ratio, compared with 0.55% for QUTM.DE.
QUTM.DE is categorized as Technology Equities, while SHLD is Aerospace & Defense. QUTM.DE tracks MarketVector™ Global Quantum Leaders Total Return Net Index (MVQTMLTR), while SHLD tracks Global X Defense Tech Index. They also come from different issuers: VanEck and Global X. Their fees differ too: 0.55% for QUTM.DE and 0.50% for SHLD.
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