QUTM.DE vs. XNNV.DE
QUTM.DE (VanEck Quantum Computing UCITS ETF A USD Acc) and XNNV.DE (Xtrackers MSCI Innovation UCITS ETF 1C) are both Technology Equities funds - QUTM.DE tracks the MarketVector™ Global Quantum Leaders Total Return Net Index (MVQTMLTR) while XNNV.DE tracks the MSCI ACWI IMI Innovation Select ESG Screened 200. Both are passively managed. Over the past year, QUTM.DE returned 59.20% vs 15.22% for XNNV.DE. A 0.69 correlation means they provide meaningful diversification when combined. QUTM.DE charges 0.55%/yr vs 0.30%/yr for XNNV.DE.
Performance
QUTM.DE vs. XNNV.DE - Performance Comparison
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Returns By Period
In the year-to-date period, QUTM.DE achieves a 33.86% return, which is significantly higher than XNNV.DE's 5.08% return.
QUTM.DE
- 1D
- -1.49%
- 1M
- 18.24%
- YTD
- 33.86%
- 6M
- 29.29%
- 1Y
- 59.20%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XNNV.DE
- 1D
- 1.03%
- 1M
- 6.57%
- YTD
- 5.08%
- 6M
- 3.95%
- 1Y
- 15.22%
- 3Y*
- 13.35%
- 5Y*
- —
- 10Y*
- —
QUTM.DE vs. XNNV.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
QUTM.DE VanEck Quantum Computing UCITS ETF A USD Acc | 33.86% | 14.59% |
XNNV.DE Xtrackers MSCI Innovation UCITS ETF 1C | 5.08% | 11.53% |
Correlation
The correlation between QUTM.DE and XNNV.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 (All Time) Calculated using the full available price history since May 27, 2025 | 0.69 |
The correlation between QUTM.DE and XNNV.DE has been stable across timeframes, ranging from 0.69 to 0.70 - a consistent structural relationship.
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Return for Risk
QUTM.DE vs. XNNV.DE — Risk / Return Rank
QUTM.DE
XNNV.DE
QUTM.DE vs. XNNV.DE - 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 Xtrackers MSCI Innovation UCITS ETF 1C (XNNV.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.
| QUTM.DE | XNNV.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.93 | ||
| Sortino ratioReturn per unit of downside risk | +1.21 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.18 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 2.48 | 1.01 | +1.47 |
| Martin ratioReturn relative to average drawdown | 5.81 | 2.80 | +3.01 |
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 | XNNV.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.95 | 1.03 | +0.93 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.71 | 0.67 | +1.04 |
Drawdowns
QUTM.DE vs. XNNV.DE - Drawdown Comparison
The maximum QUTM.DE drawdown since its inception was -23.74%, smaller than the maximum XNNV.DE drawdown of -25.90%. Use the drawdown chart below to compare losses from any high point for QUTM.DE and XNNV.DE.
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Drawdown Indicators
| QUTM.DE | XNNV.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.74% | -25.90% | +2.16% |
Max Drawdown (1Y)Largest decline over 1 year | -23.74% | -15.02% | -8.72% |
Max Drawdown (3Y)Largest decline over 3 years | — | -25.90% | — |
Current DrawdownCurrent decline from peak | -3.42% | -0.91% | -2.51% |
Average DrawdownAverage peak-to-trough decline | -7.71% | -6.64% | -1.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.15% | 5.41% | +4.74% |
Volatility
QUTM.DE vs. XNNV.DE - Volatility Comparison
VanEck Quantum Computing UCITS ETF A USD Acc (QUTM.DE) has a higher volatility of 12.36% compared to Xtrackers MSCI Innovation UCITS ETF 1C (XNNV.DE) at 3.84%. This indicates that QUTM.DE's price experiences larger fluctuations and is considered to be riskier than XNNV.DE 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 | XNNV.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.36% | 3.84% | +8.52% |
Volatility (6M)Calculated over the trailing 6-month period | 20.92% | 10.61% | +10.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.14% | 14.72% | +15.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.16% | 18.07% | +12.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.16% | 18.07% | +12.09% |
QUTM.DE vs. XNNV.DE - Expense Ratio Comparison
QUTM.DE has a 0.55% expense ratio, which is higher than XNNV.DE's 0.30% expense ratio.
Dividends
QUTM.DE vs. XNNV.DE - Dividend Comparison
Neither QUTM.DE nor XNNV.DE has paid dividends to shareholders.
Frequently Asked Questions
QUTM.DE and XNNV.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, XNNV.DE is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XNNV.DE is cheaper with a 0.30% expense ratio, compared with 0.55% for QUTM.DE.
QUTM.DE tracks MarketVector™ Global Quantum Leaders Total Return Net Index (MVQTMLTR), while XNNV.DE tracks MSCI ACWI IMI Innovation Select ESG Screened 200. They also come from different issuers: VanEck and Xtrackers. Their fees differ too: 0.55% for QUTM.DE and 0.30% for XNNV.DE.
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