SPYD vs. QDVD.DE
SPYD (State Street SPDR Portfolio S&P 500 High Dividend ETF) and QDVD.DE (iShares MSCI USA Quality Dividend Advanced UCITS ETF) are both exchange-traded funds - SPYD is a S&P 500 fund tracking the S&P 500 High Dividend Index, while QDVD.DE is a ESG fund tracking the MSCI USA High Dividend Yield ESG Reduced Carbon Target Select Index. Both are passively managed. Over the past 10 years, SPYD returned 8.85%/yr vs 11.63%/yr for QDVD.DE. A 0.50 correlation means they provide meaningful diversification when combined. SPYD charges 0.07%/yr vs 0.35%/yr for QDVD.DE.
Performance
SPYD vs. QDVD.DE - Performance Comparison
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Different Trading Currencies
SPYD is traded in USD, while QDVD.DE is traded in EUR. To make them comparable, the QDVD.DE values have been converted to USD using the latest available exchange rates.
Returns By Period
The year-to-date returns for both investments are quite close, with SPYD having a 13.63% return and QDVD.DE slightly higher at 14.16%. Over the past 10 years, SPYD has underperformed QDVD.DE with an annualized return of 8.85%, while QDVD.DE has yielded a comparatively higher 11.63% annualized return.
SPYD
- 1D
- -0.96%
- 1M
- 5.26%
- YTD
- 13.63%
- 6M
- 12.94%
- 1Y
- 19.77%
- 3Y*
- 14.01%
- 5Y*
- 7.70%
- 10Y*
- 8.85%
QDVD.DE
- 1D
- 0.73%
- 1M
- 4.70%
- YTD
- 14.16%
- 6M
- 14.49%
- 1Y
- 29.60%
- 3Y*
- 18.27%
- 5Y*
- 12.28%
- 10Y*
- 11.63%
SPYD vs. QDVD.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SPYD State Street SPDR Portfolio S&P 500 High Dividend ETF | 13.63% | 4.65% | 15.34% | 3.91% | -1.17% | 32.73% | -11.64% | 21.20% | -4.89% | 12.67% |
QDVD.DE iShares MSCI USA Quality Dividend Advanced UCITS ETF | 14.16% | 17.58% | 14.94% | 14.04% | -6.53% | 21.95% | -0.31% | 22.57% | -4.23% | 18.89% |
Correlation
The correlation between SPYD and QDVD.DE is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.45 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.53 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.50 |
Correlation (All Time) Calculated using the full available price history since Oct 22, 2015 | 0.50 |
The correlation between SPYD and QDVD.DE shifts across timeframes, from 0.40 (1 year) to 0.53 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
SPYD vs. QDVD.DE — Risk / Return Rank
SPYD
QDVD.DE
SPYD vs. QDVD.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for State Street SPDR Portfolio S&P 500 High Dividend ETF (SPYD) and iShares MSCI USA Quality Dividend Advanced UCITS ETF (QDVD.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SPYD | QDVD.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.90 | ||
| Sortino ratioReturn per unit of downside risk | -1.31 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.46 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 2.82 | 3.62 | -0.81 |
| Martin ratioReturn relative to average drawdown | 8.20 | 13.85 | -5.65 |
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Drawdowns
SPYD vs. QDVD.DE - Drawdown Comparison
The maximum SPYD drawdown since its inception was -46.42%, which is greater than QDVD.DE's maximum drawdown of -33.22%. Use the drawdown chart below to compare losses from any high point for SPYD and QDVD.DE.
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Drawdown Indicators
| SPYD | QDVD.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -46.42% | -33.22% | -13.20% |
Max Drawdown (1Y)Largest decline over 1 year | -7.05% | -8.13% | +1.08% |
Max Drawdown (3Y)Largest decline over 3 years | -16.13% | -18.43% | +2.30% |
Max Drawdown (5Y)Largest decline over 5 years | -22.25% | -18.43% | -3.82% |
Max Drawdown (10Y)Largest decline over 10 years | -46.42% | -33.22% | -13.20% |
Current DrawdownCurrent decline from peak | -0.96% | 0.00% | -0.96% |
Average DrawdownAverage peak-to-trough decline | -6.15% | -3.36% | -2.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.42% | 2.13% | +0.29% |
Volatility
SPYD vs. QDVD.DE - Volatility Comparison
The current volatility for State Street SPDR Portfolio S&P 500 High Dividend ETF (SPYD) is 3.16%, while iShares MSCI USA Quality Dividend Advanced UCITS ETF (QDVD.DE) has a volatility of 3.59%. This indicates that SPYD experiences smaller price fluctuations and is considered to be less risky than QDVD.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SPYD | QDVD.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.16% | 3.59% | -0.43% |
Volatility (6M)Calculated over the trailing 6-month period | 7.79% | 8.32% | -0.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.71% | 11.37% | +0.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.15% | 14.42% | +1.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.79% | 14.97% | +4.82% |
SPYD vs. QDVD.DE - Expense Ratio Comparison
SPYD has a 0.07% expense ratio, which is lower than QDVD.DE's 0.35% expense ratio.
Dividends
SPYD vs. QDVD.DE - Dividend Comparison
SPYD's dividend yield for the trailing twelve months is around 4.09%, more than QDVD.DE's 1.07% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QDVD.DE iShares MSCI USA Quality Dividend Advanced UCITS ETF | 1.07% | 1.72% | 1.88% | 2.04% | 2.34% | 1.99% | 2.72% | 2.37% | 2.43% | 2.28% | 2.19% | 2.44% |
SPYD State Street SPDR Portfolio S&P 500 High Dividend ETF | 4.09% | 4.52% | 4.31% | 4.66% | 5.01% | 3.68% | 4.95% | 4.42% | 4.75% | 4.63% | 4.34% | 1.13% |
Frequently Asked Questions
SPYD and QDVD.DE have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SPYD is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SPYD is cheaper with a 0.07% expense ratio, compared with 0.35% for QDVD.DE.
SPYD is categorized as S&P 500, while QDVD.DE is ESG. SPYD tracks S&P 500 High Dividend Index, while QDVD.DE tracks MSCI USA High Dividend Yield ESG Reduced Carbon Target Select Index. They also come from different issuers: State Street and iShares. Their fees differ too: 0.07% for SPYD and 0.35% for QDVD.DE.
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