SECD.DE vs. QDVE.DE
SECD.DE (iShares Euro Government Bond Climate UCITS ETF EUR Dist) and QDVE.DE (iShares S&P 500 Information Technology Sector UCITS ETF) are both exchange-traded funds - SECD.DE is a European Government Bonds fund tracking the FTSE Advanced Climate Risk-Adjusted European Monetary Union Government Bond, while QDVE.DE is a Technology Equities fund tracking the S&P 500 Capped 35/20 Information Technology Index. Both are passively managed. Over the past 5 years, SECD.DE returned -2.19%/yr vs 25.33%/yr for QDVE.DE. At a 0.06 correlation, their price movements are largely independent. SECD.DE charges 0.09%/yr vs 0.15%/yr for QDVE.DE.
Performance
SECD.DE vs. QDVE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, SECD.DE achieves a 0.13% return, which is significantly lower than QDVE.DE's 24.06% return.
SECD.DE
- 1D
- 0.11%
- 1M
- -0.05%
- YTD
- 0.13%
- 6M
- 0.20%
- 1Y
- 0.36%
- 3Y*
- 2.34%
- 5Y*
- -2.19%
- 10Y*
- —
QDVE.DE
- 1D
- -2.26%
- 1M
- 11.84%
- YTD
- 24.06%
- 6M
- 22.46%
- 1Y
- 48.25%
- 3Y*
- 30.81%
- 5Y*
- 25.33%
- 10Y*
- 26.04%
SECD.DE vs. QDVE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
SECD.DE iShares Euro Government Bond Climate UCITS ETF EUR Dist | 0.13% | 0.63% | 1.57% | 6.94% | -18.16% | -3.30% | 1.19% |
QDVE.DE iShares S&P 500 Information Technology Sector UCITS ETF | 24.06% | 9.99% | 46.12% | 54.14% | -25.83% | 46.77% | 7.43% |
Correlation
The correlation between SECD.DE and QDVE.DE is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.04 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.05 |
Correlation (All Time) Calculated using the full available price history since Oct 6, 2020 | 0.06 |
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Return for Risk
SECD.DE vs. QDVE.DE — Risk / Return Rank
SECD.DE
QDVE.DE
SECD.DE vs. QDVE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Euro Government Bond Climate UCITS ETF EUR Dist (SECD.DE) and iShares S&P 500 Information Technology Sector UCITS ETF (QDVE.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.
| SECD.DE | QDVE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.41 | ||
| Sortino ratioReturn per unit of downside risk | -3.08 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.39 | -0.39 |
| Calmar ratioReturn relative to maximum drawdown | -0.01 | 3.14 | -3.15 |
| Martin ratioReturn relative to average drawdown | -0.02 | 8.31 | -8.33 |
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
| SECD.DE | QDVE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.01 | 2.40 | -2.41 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.34 | 1.10 | -1.45 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 1.19 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.38 | 1.07 | -1.45 |
Drawdowns
SECD.DE vs. QDVE.DE - Drawdown Comparison
The maximum SECD.DE drawdown since its inception was -22.04%, smaller than the maximum QDVE.DE drawdown of -31.45%. Use the drawdown chart below to compare losses from any high point for SECD.DE and QDVE.DE.
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Drawdown Indicators
| SECD.DE | QDVE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.04% | -31.45% | +9.41% |
Max Drawdown (1Y)Largest decline over 1 year | -3.41% | -15.59% | +12.18% |
Max Drawdown (3Y)Largest decline over 3 years | -3.96% | -29.83% | +25.87% |
Max Drawdown (5Y)Largest decline over 5 years | -21.21% | -29.83% | +8.62% |
Max Drawdown (10Y)Largest decline over 10 years | — | -31.45% | — |
Current DrawdownCurrent decline from peak | -13.67% | -3.08% | -10.59% |
Average DrawdownAverage peak-to-trough decline | -12.64% | -5.80% | -6.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.33% | 5.91% | -4.58% |
Volatility
SECD.DE vs. QDVE.DE - Volatility Comparison
The current volatility for iShares Euro Government Bond Climate UCITS ETF EUR Dist (SECD.DE) is 1.78%, while iShares S&P 500 Information Technology Sector UCITS ETF (QDVE.DE) has a volatility of 7.12%. This indicates that SECD.DE experiences smaller price fluctuations and is considered to be less risky than QDVE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SECD.DE | QDVE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.78% | 7.12% | -5.34% |
Volatility (6M)Calculated over the trailing 6-month period | 3.63% | 14.85% | -11.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.34% | 20.42% | -16.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.28% | 22.71% | -16.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.02% | 21.73% | -15.71% |
SECD.DE vs. QDVE.DE - Expense Ratio Comparison
SECD.DE has a 0.09% expense ratio, which is lower than QDVE.DE's 0.15% 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
SECD.DE vs. QDVE.DE - Dividend Comparison
SECD.DE's dividend yield for the trailing twelve months is around 2.71%, while QDVE.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
QDVE.DE iShares S&P 500 Information Technology Sector UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% |
SECD.DE iShares Euro Government Bond Climate UCITS ETF EUR Dist | 2.71% | 2.59% | 2.30% | 1.17% |
Frequently Asked Questions
SECD.DE and QDVE.DE have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SECD.DE is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SECD.DE is cheaper with a 0.09% expense ratio, compared with 0.15% for QDVE.DE.
SECD.DE is categorized as European Government Bonds, while QDVE.DE is Technology Equities. SECD.DE tracks FTSE Advanced Climate Risk-Adjusted European Monetary Union Government Bond, while QDVE.DE tracks S&P 500 Capped 35/20 Information Technology Index. Their fees differ too: 0.09% for SECD.DE and 0.15% for QDVE.DE.
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