SPQB.DE vs. EFRW.DE
SPQB.DE (Global X S&P 500 Quarterly Buffer UCITS ETF) and EFRW.DE (iShares S&P 500 Equal Weight UCITS ETF EUR Hedged Acc) are both S&P 500 funds - SPQB.DE tracks the Cboe S&P 500 15% WHT Quarterly 5% Buffer Protect while EFRW.DE tracks the S&P 500 Equal Weight Index. Both are passively managed. Over the past year, SPQB.DE returned 10.99% vs 16.94% for EFRW.DE. At a 0.21 correlation, their price movements are largely independent. SPQB.DE charges 0.50%/yr vs 0.17%/yr for EFRW.DE.
Performance
SPQB.DE vs. EFRW.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SPQB.DE achieves a 5.30% return, which is significantly lower than EFRW.DE's 8.09% return.
SPQB.DE
- 1D
- -0.13%
- 1M
- 1.48%
- YTD
- 5.30%
- 6M
- 5.62%
- 1Y
- 10.99%
- 3Y*
- 9.37%
- 5Y*
- —
- 10Y*
- —
EFRW.DE
- 1D
- 0.36%
- 1M
- 3.51%
- YTD
- 8.09%
- 6M
- 9.41%
- 1Y
- 16.94%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SPQB.DE vs. EFRW.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
SPQB.DE Global X S&P 500 Quarterly Buffer UCITS ETF | 5.30% | 4.26% |
EFRW.DE iShares S&P 500 Equal Weight UCITS ETF EUR Hedged Acc | 8.09% | 9.95% |
Correlation
The correlation between SPQB.DE and EFRW.DE is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since May 13, 2025 | 0.21 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SPQB.DE vs. EFRW.DE — Risk / Return Rank
SPQB.DE
EFRW.DE
SPQB.DE vs. EFRW.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X S&P 500 Quarterly Buffer UCITS ETF (SPQB.DE) and iShares S&P 500 Equal Weight UCITS ETF EUR Hedged Acc (EFRW.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.
| SPQB.DE | EFRW.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.07 | ||
| Sortino ratioReturn per unit of downside risk | -0.33 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.27 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 3.53 | 2.37 | +1.17 |
| Martin ratioReturn relative to average drawdown | 9.14 | 8.32 | +0.81 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| SPQB.DE | EFRW.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.48 | 1.55 | -0.07 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.11 | 1.55 | -0.44 |
Drawdowns
SPQB.DE vs. EFRW.DE - Drawdown Comparison
The maximum SPQB.DE drawdown since its inception was -16.15%, which is greater than EFRW.DE's maximum drawdown of -7.12%. Use the drawdown chart below to compare losses from any high point for SPQB.DE and EFRW.DE.
Loading charts...
Drawdown Indicators
| SPQB.DE | EFRW.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.15% | -7.12% | -9.03% |
Max Drawdown (1Y)Largest decline over 1 year | -3.10% | -7.12% | +4.02% |
Max Drawdown (3Y)Largest decline over 3 years | -16.15% | — | — |
Current DrawdownCurrent decline from peak | -0.13% | 0.00% | -0.13% |
Average DrawdownAverage peak-to-trough decline | -2.58% | -1.35% | -1.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.20% | 2.03% | -0.83% |
Volatility
SPQB.DE vs. EFRW.DE - Volatility Comparison
The current volatility for Global X S&P 500 Quarterly Buffer UCITS ETF (SPQB.DE) is 1.19%, while iShares S&P 500 Equal Weight UCITS ETF EUR Hedged Acc (EFRW.DE) has a volatility of 2.64%. This indicates that SPQB.DE experiences smaller price fluctuations and is considered to be less risky than EFRW.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SPQB.DE | EFRW.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.19% | 2.64% | -1.45% |
Volatility (6M)Calculated over the trailing 6-month period | 4.25% | 7.67% | -3.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.42% | 10.91% | -3.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.54% | 11.32% | -1.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.54% | 11.32% | -1.78% |
SPQB.DE vs. EFRW.DE - Expense Ratio Comparison
SPQB.DE has a 0.50% expense ratio, which is higher than EFRW.DE's 0.17% expense ratio.
Dividends
SPQB.DE vs. EFRW.DE - Dividend Comparison
Neither SPQB.DE nor EFRW.DE has paid dividends to shareholders.
Frequently Asked Questions
SPQB.DE and EFRW.DE have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EFRW.DE is cheaper at 0.17% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EFRW.DE is cheaper with a 0.17% expense ratio, compared with 0.50% for SPQB.DE.
SPQB.DE tracks Cboe S&P 500 15% WHT Quarterly 5% Buffer Protect, while EFRW.DE tracks S&P 500 Equal Weight Index. They also come from different issuers: Global X and iShares. Their fees differ too: 0.50% for SPQB.DE and 0.17% for EFRW.DE.
Find the right allocation for SPQB.DE and EFRW.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer