SPYD vs. QDVX.DE
SPYD (State Street SPDR Portfolio S&P 500 High Dividend ETF) and QDVX.DE (iShares MSCI Europe Quality Dividend ESG UCITS ETF EUR (Dist)) are both exchange-traded funds - SPYD is a S&P 500 fund tracking the S&P 500 High Dividend Index, while QDVX.DE is a Europe Equities fund tracking the MSCI Europe High Dividend Yield ESG Reduced Carbon Target Select. Both are passively managed. Over the past 5 years, SPYD returned 7.70%/yr vs 9.47%/yr for QDVX.DE. At a 0.46 correlation, their price movements are largely independent. SPYD charges 0.07%/yr vs 0.28%/yr for QDVX.DE.
Performance
SPYD vs. QDVX.DE - Performance Comparison
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Different Trading Currencies
SPYD is traded in USD, while QDVX.DE is traded in EUR. To make them comparable, the QDVX.DE values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, SPYD achieves a 13.63% return, which is significantly higher than QDVX.DE's 5.94% 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%
QDVX.DE
- 1D
- 0.37%
- 1M
- 3.95%
- YTD
- 5.94%
- 6M
- 7.20%
- 1Y
- 11.99%
- 3Y*
- 13.88%
- 5Y*
- 9.47%
- 10Y*
- —
SPYD vs. QDVX.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% | 9.70% |
QDVX.DE iShares MSCI Europe Quality Dividend ESG UCITS ETF EUR (Dist) | 5.94% | 25.64% | 4.46% | 18.85% | -4.73% | 9.47% | -1.22% | 24.03% | -10.89% | 7.10% |
Correlation
The correlation between SPYD and QDVX.DE is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.46 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.40 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.48 |
Correlation (All Time) Calculated using the full available price history since Jun 12, 2017 | 0.46 |
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Return for Risk
SPYD vs. QDVX.DE — Risk / Return Rank
SPYD
QDVX.DE
SPYD vs. QDVX.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 Europe Quality Dividend ESG UCITS ETF EUR (Dist) (QDVX.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 | QDVX.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.79 | ||
| Sortino ratioReturn per unit of downside risk | +1.22 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.16 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 2.82 | 1.14 | +1.67 |
| Martin ratioReturn relative to average drawdown | 8.20 | 3.72 | +4.48 |
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Drawdowns
SPYD vs. QDVX.DE - Drawdown Comparison
The maximum SPYD drawdown since its inception was -46.42%, which is greater than QDVX.DE's maximum drawdown of -39.78%. Use the drawdown chart below to compare losses from any high point for SPYD and QDVX.DE.
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Drawdown Indicators
| SPYD | QDVX.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -46.42% | -39.78% | -6.64% |
Max Drawdown (1Y)Largest decline over 1 year | -7.05% | -10.46% | +3.41% |
Max Drawdown (3Y)Largest decline over 3 years | -16.13% | -12.80% | -3.33% |
Max Drawdown (5Y)Largest decline over 5 years | -22.25% | -25.89% | +3.64% |
Max Drawdown (10Y)Largest decline over 10 years | -46.42% | — | — |
Current DrawdownCurrent decline from peak | -0.96% | -1.14% | +0.18% |
Average DrawdownAverage peak-to-trough decline | -6.15% | -5.86% | -0.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.42% | 3.20% | -0.78% |
Volatility
SPYD vs. QDVX.DE - Volatility Comparison
The current volatility for State Street SPDR Portfolio S&P 500 High Dividend ETF (SPYD) is 3.16%, while iShares MSCI Europe Quality Dividend ESG UCITS ETF EUR (Dist) (QDVX.DE) has a volatility of 3.74%. This indicates that SPYD experiences smaller price fluctuations and is considered to be less risky than QDVX.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 | QDVX.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.16% | 3.74% | -0.58% |
Volatility (6M)Calculated over the trailing 6-month period | 7.79% | 10.27% | -2.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.71% | 13.18% | -1.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.15% | 16.04% | +0.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.79% | 17.31% | +2.48% |
SPYD vs. QDVX.DE - Expense Ratio Comparison
SPYD has a 0.07% expense ratio, which is lower than QDVX.DE's 0.28% expense ratio.
Dividends
SPYD vs. QDVX.DE - Dividend Comparison
SPYD's dividend yield for the trailing twelve months is around 4.09%, more than QDVX.DE's 3.13% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QDVX.DE iShares MSCI Europe Quality Dividend ESG UCITS ETF EUR (Dist) | 3.13% | 3.02% | 3.11% | 3.58% | 4.25% | 4.50% | 3.25% | 4.45% | 5.20% | 0.74% | 0.00% | 0.00% |
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 QDVX.DE have a correlation of 0.46, 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 0.28% for QDVX.DE.
SPYD is categorized as S&P 500, while QDVX.DE is Europe Equities. SPYD tracks S&P 500 High Dividend Index, while QDVX.DE tracks MSCI Europe High Dividend Yield ESG Reduced Carbon Target Select. They also come from different issuers: State Street and iShares. Their fees differ too: 0.07% for SPYD and 0.28% for QDVX.DE.
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