SPPS.DE vs. QDVL.DE

Last updated Jun 5, 2026

SPPS.DE (SPDR Bloomberg SASB 0-3 Year Euro Corporate ESG UCITS ETF Acc) and QDVL.DE (iShares EUR Corporate Bond 0-3yr ESG UCITS ETF EUR (Dist)) are both European Corporate Bonds funds - SPPS.DE tracks the Bloomberg SASB Euro Corporate 0-3 year ESG Ex-Controversies Select while QDVL.DE tracks the Bloomberg MSCI Euro Corporate 0-3 Sustainable SRI. Both are passively managed. Over the past 3 years, SPPS.DE returned 3.72%/yr vs 3.75%/yr for QDVL.DE. At a 0.49 correlation, their price movements are largely independent. Both charge a 0.12% expense ratio.

Performance

SPPS.DE vs. QDVL.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in SPDR Bloomberg SASB 0-3 Year Euro Corporate ESG UCITS ETF Acc (SPPS.DE) and iShares EUR Corporate Bond 0-3yr ESG UCITS ETF EUR (Dist) (QDVL.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SPPS.DE achieves a 0.69% return, which is significantly lower than QDVL.DE's 0.74% return.

SPPS.DE

• 1D: -0.02%
• 1M: 0.37%
• YTD: 0.69%
• 6M: 0.76%
• 1Y: 2.01%
• 3Y*: 3.72%
• 5Y*: —
• 10Y*: —

QDVL.DE

• 1D: 0.04%
• 1M: 0.35%
• YTD: 0.74%
• 6M: 0.74%
• 1Y: 1.95%
• 3Y*: 3.75%
• 5Y*: 1.61%
• 10Y*: 0.90%

*Multi-year figures are annualized to reflect compound growth (CAGR)

SPPS.DE vs. QDVL.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
SPPS.DE SPDR Bloomberg SASB 0-3 Year Euro Corporate ESG UCITS ETF Acc	0.69%	2.96%	4.20%	4.07%	-1.54%
QDVL.DE iShares EUR Corporate Bond 0-3yr ESG UCITS ETF EUR (Dist)	0.74%	2.81%	4.24%	4.30%	-1.71%

Correlation

The correlation between SPPS.DE and QDVL.DE is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.33
Correlation (3Y) Calculated over the trailing 3-year period	0.39
Correlation (All Time) Calculated using the full available price history since May 5, 2022	0.49

The correlation between SPPS.DE and QDVL.DE shifts across timeframes, from 0.33 (1 year) to 0.49 (all time), reflecting how their relationship changes across market environments.

Return for Risk

SPPS.DE vs. QDVL.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SPPS.DE

SPPS.DE Risk / Return Rank: 34
SPPS.DE Sharpe Ratio Rank: 29
SPPS.DE Sortino Ratio Rank: 27
SPPS.DE Omega Ratio Rank: 37
SPPS.DE Calmar Ratio Rank: 35
SPPS.DE Martin Ratio Rank: 43

QDVL.DE

QDVL.DE Risk / Return Rank: 51
QDVL.DE Sharpe Ratio Rank: 48
QDVL.DE Sortino Ratio Rank: 54
QDVL.DE Omega Ratio Rank: 55
QDVL.DE Calmar Ratio Rank: 42
QDVL.DE Martin Ratio Rank: 53

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SPPS.DE vs. QDVL.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR Bloomberg SASB 0-3 Year Euro Corporate ESG UCITS ETF Acc (SPPS.DE) and iShares EUR Corporate Bond 0-3yr ESG UCITS ETF EUR (Dist) (QDVL.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.

	SPPS.DE	QDVL.DE	Difference
Sharpe ratio: Return per unit of total volatility	1.03	1.65	-0.62
Sortino ratio: Return per unit of downside risk	1.45	2.55	-1.10
Omega ratio: Gain probability vs. loss probability	1.24	1.33	-0.10
Calmar ratio: Return relative to maximum drawdown	1.70	2.08	-0.39
Martin ratio: Return relative to average drawdown	6.89	8.99	-2.10
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SPPS.DE vs. QDVL.DE - Sharpe Ratio Comparison

The current SPPS.DE Sharpe Ratio is 1.03, which is lower than the QDVL.DE Sharpe Ratio of 1.65. The chart below compares the historical Sharpe Ratios of SPPS.DE and QDVL.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SPPS.DE	QDVL.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.03	1.65	-0.62
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.01	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.31	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.10	0.32	+0.79

Drawdowns

SPPS.DE vs. QDVL.DE - Drawdown Comparison

The maximum SPPS.DE drawdown since its inception was -2.70%, smaller than the maximum QDVL.DE drawdown of -8.22%. Use the drawdown chart below to compare losses from any high point for SPPS.DE and QDVL.DE.

Drawdown Indicators

	SPPS.DE	QDVL.DE	Difference
Max Drawdown Largest peak-to-trough decline	-2.70%	-8.22%	+5.52%
Max Drawdown (1Y) Largest decline over 1 year	-1.18%	-0.93%	-0.25%
Max Drawdown (3Y) Largest decline over 3 years	-1.18%	-0.93%	-0.25%
Max Drawdown (5Y) Largest decline over 5 years	—	-4.90%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-8.22%	—
Current Drawdown Current decline from peak	-0.23%	-0.01%	-0.22%
Average Drawdown Average peak-to-trough decline	-0.44%	-0.71%	+0.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.29%	0.22%	+0.07%

Volatility

SPPS.DE vs. QDVL.DE - Volatility Comparison

SPDR Bloomberg SASB 0-3 Year Euro Corporate ESG UCITS ETF Acc (SPPS.DE) has a higher volatility of 1.05% compared to iShares EUR Corporate Bond 0-3yr ESG UCITS ETF EUR (Dist) (QDVL.DE) at 0.34%. This indicates that SPPS.DE's price experiences larger fluctuations and is considered to be riskier than QDVL.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SPPS.DE	QDVL.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.05%	0.34%	+0.71%
Volatility (6M) Calculated over the trailing 6-month period	1.85%	1.02%	+0.83%
Volatility (1Y) Calculated over the trailing 1-year period	1.94%	1.18%	+0.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.26%	1.58%	+0.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.26%	2.86%	-0.60%

SPPS.DE vs. QDVL.DE - Expense Ratio Comparison

Both SPPS.DE and QDVL.DE have an expense ratio of 0.12%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

SPPS.DE vs. QDVL.DE - Dividend Comparison

SPPS.DE has not paid dividends to shareholders, while QDVL.DE's dividend yield for the trailing twelve months is around 2.91%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
QDVL.DE iShares EUR Corporate Bond 0-3yr ESG UCITS ETF EUR (Dist)	2.91%	3.04%	2.95%	1.95%	0.31%	0.13%	0.23%	0.27%	0.13%	0.12%	0.17%
SPPS.DE SPDR Bloomberg SASB 0-3 Year Euro Corporate ESG UCITS ETF Acc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SPPS.DE and QDVL.DE in my portfolio?

SPPS.DE and QDVL.DE have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SPPS.DE or QDVL.DE?

Both ETFs have the same 0.12% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SPPS.DE or QDVL.DE?

SPPS.DE and QDVL.DE have the same expense ratio: 0.12% per year.

What is the main difference between SPPS.DE and QDVL.DE?

SPPS.DE tracks Bloomberg SASB Euro Corporate 0-3 year ESG Ex-Controversies Select, while QDVL.DE tracks Bloomberg MSCI Euro Corporate 0-3 Sustainable SRI. They also come from different issuers: State Street and iShares.