QVMP.DE vs. XDEW.DE
QVMP.DE (Invesco S&P 500 QVM UCITS ETF) and XDEW.DE (Xtrackers S&P 500 Equal Weight UCITS ETF 1C) are both S&P 500 funds - QVMP.DE tracks the S&P 500 Quality, Value & Momentum Multi-Factor while XDEW.DE tracks the S&P 500 Equal Weight Index. Both are passively managed. Over the past 5 years, QVMP.DE returned 16.32%/yr vs 9.59%/yr for XDEW.DE. Their correlation of 0.83 suggests significant overlap in exposure. QVMP.DE charges 0.35%/yr vs 0.20%/yr for XDEW.DE.
Performance
QVMP.DE vs. XDEW.DE - Performance Comparison
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Returns By Period
In the year-to-date period, QVMP.DE achieves a 23.28% return, which is significantly higher than XDEW.DE's 14.06% return.
QVMP.DE
- 1D
- 1.45%
- 1M
- 4.90%
- YTD
- 23.28%
- 6M
- 23.49%
- 1Y
- 30.36%
- 3Y*
- 23.50%
- 5Y*
- 16.32%
- 10Y*
- —
XDEW.DE
- 1D
- 0.17%
- 1M
- 4.79%
- YTD
- 14.06%
- 6M
- 14.66%
- 1Y
- 22.92%
- 3Y*
- 13.41%
- 5Y*
- 9.59%
- 10Y*
- 11.95%
QVMP.DE vs. XDEW.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
QVMP.DE Invesco S&P 500 QVM UCITS ETF | 23.28% | 1.52% | 37.26% | 3.43% | 6.14% | 36.89% | -1.58% | 28.89% | -3.41% | 0.79% |
XDEW.DE Xtrackers S&P 500 Equal Weight UCITS ETF 1C | 14.06% | -0.46% | 18.66% | 10.08% | -6.94% | 41.59% | 1.18% | 31.27% | -4.53% | 5.59% |
Correlation
The correlation between QVMP.DE and XDEW.DE is 0.69, 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 | 0.69 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.74 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.79 |
Correlation (All Time) Calculated using the full available price history since May 18, 2017 | 0.83 |
The correlation between QVMP.DE and XDEW.DE shifts across timeframes, from 0.69 (1 year) to 0.83 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
QVMP.DE vs. XDEW.DE — Risk / Return Rank
QVMP.DE
XDEW.DE
QVMP.DE vs. XDEW.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 QVM UCITS ETF (QVMP.DE) and Xtrackers S&P 500 Equal Weight UCITS ETF 1C (XDEW.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.
| QVMP.DE | XDEW.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.62 | ||
| Sortino ratioReturn per unit of downside risk | +0.92 | ||
| Omega ratioGain probability vs. loss probability | 1.49 | 1.38 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 7.94 | 4.51 | +3.43 |
| Martin ratioReturn relative to average drawdown | 23.35 | 13.76 | +9.59 |
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Drawdowns
QVMP.DE vs. XDEW.DE - Drawdown Comparison
The maximum QVMP.DE drawdown since its inception was -34.11%, smaller than the maximum XDEW.DE drawdown of -38.79%. Use the drawdown chart below to compare losses from any high point for QVMP.DE and XDEW.DE.
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Drawdown Indicators
| QVMP.DE | XDEW.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.11% | -38.79% | +4.68% |
Max Drawdown (1Y)Largest decline over 1 year | -3.81% | -5.06% | +1.25% |
Max Drawdown (3Y)Largest decline over 3 years | -19.87% | -22.70% | +2.83% |
Max Drawdown (5Y)Largest decline over 5 years | -19.87% | -22.70% | +2.83% |
Max Drawdown (10Y)Largest decline over 10 years | — | -38.79% | — |
Current DrawdownCurrent decline from peak | -0.60% | 0.00% | -0.60% |
Average DrawdownAverage peak-to-trough decline | -5.51% | -5.36% | -0.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.30% | 1.66% | -0.36% |
Volatility
QVMP.DE vs. XDEW.DE - Volatility Comparison
Invesco S&P 500 QVM UCITS ETF (QVMP.DE) has a higher volatility of 4.35% compared to Xtrackers S&P 500 Equal Weight UCITS ETF 1C (XDEW.DE) at 2.27%. This indicates that QVMP.DE's price experiences larger fluctuations and is considered to be riskier than XDEW.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| QVMP.DE | XDEW.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.35% | 2.27% | +2.08% |
Volatility (6M)Calculated over the trailing 6-month period | 8.25% | 6.85% | +1.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.18% | 10.74% | +0.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.10% | 14.91% | +1.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.33% | 16.84% | +1.49% |
QVMP.DE vs. XDEW.DE - Expense Ratio Comparison
QVMP.DE has a 0.35% expense ratio, which is higher than XDEW.DE's 0.20% expense ratio.
Dividends
QVMP.DE vs. XDEW.DE - Dividend Comparison
QVMP.DE's dividend yield for the trailing twelve months is around 0.77%, while XDEW.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
QVMP.DE Invesco S&P 500 QVM UCITS ETF | 0.77% | 0.84% | 0.82% | 1.61% | 1.82% | 0.86% | 1.58% | 1.38% | 1.31% | 0.72% |
XDEW.DE Xtrackers S&P 500 Equal Weight UCITS ETF 1C | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
QVMP.DE and XDEW.DE have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XDEW.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XDEW.DE is cheaper with a 0.20% expense ratio, compared with 0.35% for QVMP.DE.
QVMP.DE tracks S&P 500 Quality, Value & Momentum Multi-Factor, while XDEW.DE tracks S&P 500 Equal Weight Index. They also come from different issuers: Invesco and Xtrackers. Their fees differ too: 0.35% for QVMP.DE and 0.20% for XDEW.DE.
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