TLTD vs. QDVE.DE
Compare and contrast key facts about FlexShares Morningstar Developed Markets ex-US Factor Tilt (TLTD) and iShares S&P 500 Information Technology Sector UCITS ETF (QDVE.DE).
TLTD and QDVE.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TLTD is a passively managed fund by Northern Trust that tracks the performance of the Morningstar Developed Markets ex-US Factor Tilt Index. It was launched on Sep 28, 2012. QDVE.DE is a passively managed fund by iShares that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on Nov 20, 2015. Both TLTD and QDVE.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TLTD or QDVE.DE.
Key characteristics
| TLTD | QDVE.DE | |
|---|---|---|
| YTD Return | 6.97% | 40.91% |
| 1Y Return | 19.27% | 48.20% |
| 3Y Return (Ann) | 1.95% | 19.76% |
| 5Y Return (Ann) | 5.62% | 26.29% |
| Sharpe Ratio | 1.50 | 2.23 |
| Sortino Ratio | 2.12 | 2.88 |
| Omega Ratio | 1.26 | 1.39 |
| Calmar Ratio | 1.63 | 2.95 |
| Martin Ratio | 8.52 | 9.44 |
| Ulcer Index | 2.28% | 4.90% |
| Daily Std Dev | 12.93% | 20.59% |
| Max Drawdown | -40.62% | -31.45% |
| Current Drawdown | -5.51% | 0.00% |
Correlation
The correlation between TLTD and QDVE.DE is 0.47, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
TLTD vs. QDVE.DE - Performance Comparison
In the year-to-date period, TLTD achieves a 6.97% return, which is significantly lower than QDVE.DE's 40.91% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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TLTD vs. QDVE.DE - Expense Ratio Comparison
TLTD has a 0.39% expense ratio, which is higher than QDVE.DE's 0.15% expense ratio.
Risk-Adjusted Performance
TLTD vs. QDVE.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for FlexShares Morningstar Developed Markets ex-US Factor Tilt (TLTD) 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.
Dividends
TLTD vs. QDVE.DE - Dividend Comparison
TLTD's dividend yield for the trailing twelve months is around 3.53%, while QDVE.DE has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt | 3.53% | 3.39% | 2.76% | 3.44% | 2.04% | 3.46% | 3.16% | 2.71% | 2.93% | 2.56% | 3.14% | 1.14% |
QDVE.DE iShares S&P 500 Information Technology Sector UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
TLTD vs. QDVE.DE - Drawdown Comparison
The maximum TLTD drawdown since its inception was -40.62%, 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 TLTD and QDVE.DE. For additional features, visit the drawdowns tool.
Volatility
TLTD vs. QDVE.DE - Volatility Comparison
The current volatility for FlexShares Morningstar Developed Markets ex-US Factor Tilt (TLTD) is 3.58%, while iShares S&P 500 Information Technology Sector UCITS ETF (QDVE.DE) has a volatility of 5.49%. This indicates that TLTD 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.