SPPE.DE vs. QDVE.DE
SPPE.DE (SPDR S&P 500 UCITS ETF EUR Hedged Accumulating) and QDVE.DE (iShares S&P 500 Information Technology Sector UCITS ETF) are both exchange-traded funds - SPPE.DE is a S&P 500 fund tracking the S&P 500 EUR Dynamic Hedged Index, 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, SPPE.DE returned 11.18%/yr vs 25.33%/yr for QDVE.DE. A 0.75 correlation means they provide meaningful diversification when combined. SPPE.DE charges 0.12%/yr vs 0.15%/yr for QDVE.DE.
Performance
SPPE.DE vs. QDVE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, SPPE.DE achieves a 9.05% return, which is significantly lower than QDVE.DE's 24.06% return.
SPPE.DE
- 1D
- -0.02%
- 1M
- 4.39%
- YTD
- 9.05%
- 6M
- 9.84%
- 1Y
- 24.85%
- 3Y*
- 19.65%
- 5Y*
- 11.18%
- 10Y*
- —
QDVE.DE
- 1D
- -2.26%
- 1M
- 13.91%
- YTD
- 24.06%
- 6M
- 23.05%
- 1Y
- 49.27%
- 3Y*
- 30.81%
- 5Y*
- 25.33%
- 10Y*
- 26.04%
SPPE.DE vs. QDVE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
SPPE.DE SPDR S&P 500 UCITS ETF EUR Hedged Accumulating | 9.05% | 15.34% | 23.21% | 23.17% | -21.69% | 28.48% | 15.08% | 29.99% | -10.40% |
QDVE.DE iShares S&P 500 Information Technology Sector UCITS ETF | 24.06% | 9.99% | 46.12% | 54.14% | -25.83% | 46.77% | 29.69% | 53.86% | -8.78% |
Correlation
The correlation between SPPE.DE and QDVE.DE is 0.76, 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 | 0.76 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.75 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.79 |
Correlation (All Time) Calculated using the full available price history since Dec 3, 2018 | 0.75 |
The correlation between SPPE.DE and QDVE.DE has been stable across timeframes, ranging from 0.75 to 0.79 - a consistent structural relationship.
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Return for Risk
SPPE.DE vs. QDVE.DE — Risk / Return Rank
SPPE.DE
QDVE.DE
SPPE.DE vs. QDVE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P 500 UCITS ETF EUR Hedged Accumulating (SPPE.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.
| SPPE.DE | QDVE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.28 | ||
| Sortino ratioReturn per unit of downside risk | -0.01 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.39 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.87 | 3.14 | -0.28 |
| Martin ratioReturn relative to average drawdown | 12.22 | 8.31 | +3.91 |
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
| SPPE.DE | QDVE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.12 | 2.40 | -0.28 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.69 | 1.10 | -0.41 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 1.19 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.80 | 1.07 | -0.27 |
Drawdowns
SPPE.DE vs. QDVE.DE - Drawdown Comparison
The maximum SPPE.DE drawdown since its inception was -34.07%, which is greater than QDVE.DE's maximum drawdown of -31.45%. Use the drawdown chart below to compare losses from any high point for SPPE.DE and QDVE.DE.
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Drawdown Indicators
| SPPE.DE | QDVE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.07% | -31.45% | -2.62% |
Max Drawdown (1Y)Largest decline over 1 year | -8.64% | -15.59% | +6.95% |
Max Drawdown (3Y)Largest decline over 3 years | -18.41% | -29.83% | +11.42% |
Max Drawdown (5Y)Largest decline over 5 years | -26.07% | -29.83% | +3.76% |
Max Drawdown (10Y)Largest decline over 10 years | — | -31.45% | — |
Current DrawdownCurrent decline from peak | -0.59% | -3.08% | +2.49% |
Average DrawdownAverage peak-to-trough decline | -6.19% | -5.80% | -0.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.03% | 5.91% | -3.88% |
Volatility
SPPE.DE vs. QDVE.DE - Volatility Comparison
The current volatility for SPDR S&P 500 UCITS ETF EUR Hedged Accumulating (SPPE.DE) is 3.07%, while iShares S&P 500 Information Technology Sector UCITS ETF (QDVE.DE) has a volatility of 7.12%. This indicates that SPPE.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
| SPPE.DE | QDVE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.07% | 7.12% | -4.05% |
Volatility (6M)Calculated over the trailing 6-month period | 8.56% | 14.85% | -6.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.69% | 20.42% | -8.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.00% | 22.71% | -6.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.64% | 21.73% | -3.09% |
SPPE.DE vs. QDVE.DE - Expense Ratio Comparison
SPPE.DE has a 0.12% 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
SPPE.DE vs. QDVE.DE - Dividend Comparison
Neither SPPE.DE nor QDVE.DE has paid dividends to shareholders.
Frequently Asked Questions
SPPE.DE and QDVE.DE have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SPPE.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SPPE.DE is cheaper with a 0.12% expense ratio, compared with 0.15% for QDVE.DE.
SPPE.DE is categorized as S&P 500, while QDVE.DE is Technology Equities. SPPE.DE tracks S&P 500 EUR Dynamic Hedged Index, while QDVE.DE tracks S&P 500 Capped 35/20 Information Technology Index. They also come from different issuers: State Street and iShares. Their fees differ too: 0.12% for SPPE.DE and 0.15% for QDVE.DE.
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