SIZE vs. QDVA.DE
Compare and contrast key facts about iShares MSCI USA Size Factor ETF (SIZE) and iShares Edge MSCI USA Momentum Factor UCITS ETF (QDVA.DE).
SIZE and QDVA.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SIZE is a passively managed fund by iShares that tracks the performance of the MSCI USA Low Size. It was launched on Apr 16, 2013. QDVA.DE is a passively managed fund by iShares that tracks the performance of the MSCI USA Momentum. It was launched on Oct 13, 2016. Both SIZE and QDVA.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SIZE or QDVA.DE.
Key characteristics
| SIZE | QDVA.DE | |
|---|---|---|
| YTD Return | 11.56% | 24.13% |
| 1Y Return | 20.61% | 29.54% |
| 3Y Return (Ann) | 5.11% | 6.24% |
| 5Y Return (Ann) | 11.36% | 11.13% |
| Sharpe Ratio | 1.62 | 1.77 |
| Daily Std Dev | 13.48% | 18.19% |
| Max Drawdown | -39.15% | -33.34% |
| Current Drawdown | -0.51% | -5.95% |
Correlation
The correlation between SIZE and QDVA.DE is 0.48, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
SIZE vs. QDVA.DE - Performance Comparison
In the year-to-date period, SIZE achieves a 11.56% return, which is significantly lower than QDVA.DE's 24.13% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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SIZE vs. QDVA.DE - Expense Ratio Comparison
SIZE has a 0.15% expense ratio, which is lower than QDVA.DE's 0.20% 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%.
Risk-Adjusted Performance
SIZE vs. QDVA.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI USA Size Factor ETF (SIZE) and iShares Edge MSCI USA Momentum Factor UCITS ETF (QDVA.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.
Dividends
SIZE vs. QDVA.DE - Dividend Comparison
SIZE's dividend yield for the trailing twelve months is around 1.36%, while QDVA.DE has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SIZE iShares MSCI USA Size Factor ETF | 1.36% | 1.42% | 1.59% | 1.19% | 1.43% | 1.35% | 2.43% | 1.58% | 1.88% | 1.95% | 1.78% | 1.41% |
QDVA.DE iShares Edge MSCI USA Momentum Factor UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
SIZE vs. QDVA.DE - Drawdown Comparison
The maximum SIZE drawdown since its inception was -39.15%, which is greater than QDVA.DE's maximum drawdown of -33.34%. Use the drawdown chart below to compare losses from any high point for SIZE and QDVA.DE. For additional features, visit the drawdowns tool.
Volatility
SIZE vs. QDVA.DE - Volatility Comparison
The current volatility for iShares MSCI USA Size Factor ETF (SIZE) is 3.39%, while iShares Edge MSCI USA Momentum Factor UCITS ETF (QDVA.DE) has a volatility of 6.50%. This indicates that SIZE experiences smaller price fluctuations and is considered to be less risky than QDVA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.