UDVD.L vs. WQDS.L

Last updated Jun 4, 2026

UDVD.L (SPDR S&P US Dividend Aristocrats UCITS ETF Dis) and WQDS.L (iShares MSCI World Quality Dividend ESG UCITS ETF USD (Dist)) are both exchange-traded funds - UDVD.L is a Large Cap Blend Equities fund tracking the S&P High Yield Dividend Aristocrats Index, while WQDS.L is a Global Equities fund tracking the MSCI World High Dividend Yield ESG Reduced Carbon Target Select Index. Both are passively managed. Over the past 5 years, UDVD.L returned 5.64%/yr vs 12.53%/yr for WQDS.L. A 0.72 correlation means they provide meaningful diversification when combined. UDVD.L charges 0.35%/yr vs 0.38%/yr for WQDS.L.

Performance

UDVD.L vs. WQDS.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR S&P US Dividend Aristocrats UCITS ETF Dis (UDVD.L) and iShares MSCI World Quality Dividend ESG UCITS ETF USD (Dist) (WQDS.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

UDVD.L is traded in USD, while WQDS.L is traded in GBp. To make them comparable, the WQDS.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, UDVD.L achieves a 6.88% return, which is significantly lower than WQDS.L's 14.67% return.

UDVD.L

• 1D: 0.54%
• 1M: -0.35%
• YTD: 6.88%
• 6M: 7.75%
• 1Y: 13.07%
• 3Y*: 9.70%
• 5Y*: 5.64%
• 10Y*: 8.88%

WQDS.L

• 1D: -0.38%
• 1M: 6.44%
• YTD: 14.67%
• 6M: 16.45%
• 1Y: 32.25%
• 3Y*: 20.37%
• 5Y*: 12.53%
• 10Y*: —

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

UDVD.L vs. WQDS.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
UDVD.L SPDR S&P US Dividend Aristocrats UCITS ETF Dis	6.88%	8.57%	7.64%	2.06%	-0.33%	25.04%	0.77%	22.66%	-3.94%	9.18%
WQDS.L iShares MSCI World Quality Dividend ESG UCITS ETF USD (Dist)	14.67%	25.33%	10.58%	17.51%	-6.52%	17.65%	0.42%	24.67%	-6.98%	8.33%

Correlation

The correlation between UDVD.L and WQDS.L is 0.53, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.53
Correlation (3Y) Calculated over the trailing 3-year period	0.59
Correlation (5Y) Calculated over the trailing 5-year period	0.69
Correlation (All Time) Calculated using the full available price history since Jun 15, 2017	0.72

The correlation between UDVD.L and WQDS.L shifts across timeframes, from 0.53 (1 year) to 0.72 (all time), reflecting how their relationship changes across market environments.

UDVD.L vs. WQDS.L - Sectors Allocation Comparison

Sectors	UDVD.L	WQDS.L
Industrials	17.5%	11.1%
Consumer Defensive	17.0%	3.6%
Utilities	14.8%	3.1%
Financial Services	11.5%	16.9%
Technology	8.9%	35.2%
Basic Materials	6.4%	0.7%
Healthcare	6.2%	14.4%
Consumer Cyclical	5.2%	4.3%
Real Estate	4.6%	1.3%
Energy	4.5%	4.1%
Communication Services	3.5%	5.4%

Return for Risk

UDVD.L vs. WQDS.L — Risk / Return Rank

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

UDVD.L

UDVD.L Risk / Return Rank: 35
UDVD.L Sharpe Ratio Rank: 36
UDVD.L Sortino Ratio Rank: 37
UDVD.L Omega Ratio Rank: 34
UDVD.L Calmar Ratio Rank: 37
UDVD.L Martin Ratio Rank: 31

WQDS.L

WQDS.L Risk / Return Rank: 89
WQDS.L Sharpe Ratio Rank: 91
WQDS.L Sortino Ratio Rank: 92
WQDS.L Omega Ratio Rank: 90
WQDS.L Calmar Ratio Rank: 87
WQDS.L Martin Ratio Rank: 86

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.

UDVD.L vs. WQDS.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR S&P US Dividend Aristocrats UCITS ETF Dis (UDVD.L) and iShares MSCI World Quality Dividend ESG UCITS ETF USD (Dist) (WQDS.L). 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.

	UDVD.L	WQDS.L	Difference
Sharpe ratio: Return per unit of total volatility	1.31	2.72	-1.41
Sortino ratio: Return per unit of downside risk	1.98	3.91	-1.93
Omega ratio: Gain probability vs. loss probability	1.23	1.49	-0.26
Calmar ratio: Return relative to maximum drawdown	1.84	3.96	-2.11
Martin ratio: Return relative to average drawdown	4.71	14.77	-10.06
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

UDVD.L vs. WQDS.L - Sharpe Ratio Comparison

The current UDVD.L Sharpe Ratio is 1.31, which is lower than the WQDS.L Sharpe Ratio of 2.72. The chart below compares the historical Sharpe Ratios of UDVD.L and WQDS.L, 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

	UDVD.L	WQDS.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.31	2.72	-1.41
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.41	0.91	-0.50
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.57	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.71	0.77	-0.06

Drawdowns

UDVD.L vs. WQDS.L - Drawdown Comparison

The maximum UDVD.L drawdown since its inception was -36.12%, which is greater than WQDS.L's maximum drawdown of -32.80%. Use the drawdown chart below to compare losses from any high point for UDVD.L and WQDS.L.

Drawdown Indicators

	UDVD.L	WQDS.L	Difference
Max Drawdown Largest peak-to-trough decline	-36.12%	-32.80%	-3.32%
Max Drawdown (1Y) Largest decline over 1 year	-7.06%	-8.11%	+1.05%
Max Drawdown (3Y) Largest decline over 3 years	-15.26%	-14.02%	-1.24%
Max Drawdown (5Y) Largest decline over 5 years	-15.26%	-21.43%	+6.17%
Max Drawdown (10Y) Largest decline over 10 years	-36.12%	—	—
Current Drawdown Current decline from peak	-3.71%	-0.38%	-3.33%
Average Drawdown Average peak-to-trough decline	-3.44%	-4.03%	+0.59%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.77%	2.18%	+0.59%

Volatility

UDVD.L vs. WQDS.L - Volatility Comparison

The current volatility for SPDR S&P US Dividend Aristocrats UCITS ETF Dis (UDVD.L) is 2.84%, while iShares MSCI World Quality Dividend ESG UCITS ETF USD (Dist) (WQDS.L) has a volatility of 3.36%. This indicates that UDVD.L experiences smaller price fluctuations and is considered to be less risky than WQDS.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	UDVD.L	WQDS.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.84%	3.36%	-0.52%
Volatility (6M) Calculated over the trailing 6-month period	7.08%	8.90%	-1.82%
Volatility (1Y) Calculated over the trailing 1-year period	9.95%	11.80%	-1.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.92%	13.81%	+0.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.70%	14.63%	+1.07%

UDVD.L vs. WQDS.L - Expense Ratio Comparison

UDVD.L has a 0.35% expense ratio, which is lower than WQDS.L's 0.38% expense ratio.

Dividends

UDVD.L vs. WQDS.L - Dividend Comparison

UDVD.L's dividend yield for the trailing twelve months is around 2.05%, less than WQDS.L's 2.91% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
UDVD.L SPDR S&P US Dividend Aristocrats UCITS ETF Dis	2.05%	2.17%	2.03%	2.24%	2.13%	2.15%	2.36%	2.01%	2.27%	1.78%	1.83%	2.06%
WQDS.L iShares MSCI World Quality Dividend ESG UCITS ETF USD (Dist)	2.91%	3.12%	3.24%	3.55%	3.56%	3.71%	3.84%	3.98%	4.19%	1.05%	0.00%	0.00%

Frequently Asked Questions

Can I hold both UDVD.L and WQDS.L in my portfolio?

UDVD.L and WQDS.L have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, UDVD.L or WQDS.L?

On fees, UDVD.L is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, UDVD.L or WQDS.L?

UDVD.L is cheaper with a 0.35% expense ratio, compared with 0.38% for WQDS.L.

What is the main difference between UDVD.L and WQDS.L?

UDVD.L is categorized as Large Cap Blend Equities, while WQDS.L is Global Equities. UDVD.L tracks S&P High Yield Dividend Aristocrats Index, while WQDS.L tracks MSCI World High Dividend Yield ESG Reduced Carbon Target Select Index. They also come from different issuers: State Street and iShares. Their fees differ too: 0.35% for UDVD.L and 0.38% for WQDS.L.