UEEG.DE vs. QDVE.DE
UEEG.DE (iShares $ Development Bank Bonds UCITS ETF EUR Hedged (Acc)) and QDVE.DE (iShares S&P 500 Information Technology Sector UCITS ETF) are both exchange-traded funds - UEEG.DE is a Government Bonds fund tracking the FTSE World Broad Investment-Grade USD Multilateral Development Bank Bond Capped Index (EUR Hedged), while QDVE.DE is a Technology Equities fund tracking the S&P 500 Capped 35/20 Information Technology Index. Both are passively managed. Over the past 5 years, UEEG.DE returned -0.91%/yr vs 22.04%/yr for QDVE.DE. At a correlation of -0.02, they often move in opposite directions. UEEG.DE charges 0.18%/yr vs 0.15%/yr for QDVE.DE.
Performance
UEEG.DE vs. QDVE.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, UEEG.DE achieves a -0.63% return, which is significantly lower than QDVE.DE's 19.14% return.
UEEG.DE
- 1D
- 0.00%
- 1M
- 0.21%
- 6M
- -0.42%
- YTD
- -0.63%
- 1Y
- 1.29%
- 3Y*
- 2.37%
- 5Y*
- -0.91%
- 10Y*
- —
QDVE.DE
- 1D
- 0.35%
- 1M
- -6.14%
- 6M
- 19.97%
- YTD
- 19.14%
- 1Y
- 36.05%
- 3Y*
- 28.01%
- 5Y*
- 22.04%
- 10Y*
- 25.61%
UEEG.DE vs. QDVE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
UEEG.DE iShares $ Development Bank Bonds UCITS ETF EUR Hedged (Acc) | -0.63% | 4.64% | 0.67% | 2.27% | -9.47% | -2.61% | -0.20% |
QDVE.DE iShares S&P 500 Information Technology Sector UCITS ETF | 19.14% | 10.01% | 46.09% | 54.17% | -25.82% | 46.74% | 10.53% |
Correlation
The correlation between UEEG.DE and QDVE.DE is -0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.05 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.03 |
Correlation (All Time) Calculated using the full available price history since Aug 19, 2020 | -0.02 |
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
UEEG.DE vs. QDVE.DE — Risk / Return Rank
UEEG.DE
QDVE.DE
UEEG.DE vs. QDVE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares $ Development Bank Bonds UCITS ETF EUR Hedged (Acc) (UEEG.DE) 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.
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.
| UEEG.DE | QDVE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.32 | ||
| Sortino ratioReturn per unit of downside risk | -1.69 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.28 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | 0.56 | 2.30 | -1.74 |
| Martin ratioReturn relative to average drawdown | 1.38 | 5.80 | -4.42 |
Loading charts...
Drawdowns
UEEG.DE vs. QDVE.DE - Drawdown Comparison
The maximum UEEG.DE drawdown since its inception was -13.77%, smaller than the maximum QDVE.DE drawdown of -31.40%. Use the drawdown chart below to compare losses from any high point for UEEG.DE and QDVE.DE.
Loading charts...
Drawdown Indicators
| UEEG.DE | QDVE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.77% | -31.40% | +17.63% |
Max Drawdown (1Y)Largest decline over 1 year | -2.30% | -15.60% | +13.30% |
Max Drawdown (3Y)Largest decline over 3 years | -3.22% | -29.81% | +26.59% |
Max Drawdown (5Y)Largest decline over 5 years | -12.90% | -29.81% | +16.91% |
Max Drawdown (10Y)Largest decline over 10 years | — | -31.40% | — |
Current DrawdownCurrent decline from peak | -5.99% | -6.91% | +0.92% |
Average DrawdownAverage peak-to-trough decline | -7.24% | -5.80% | -1.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.94% | 6.20% | -5.26% |
Volatility
UEEG.DE vs. QDVE.DE - Volatility Comparison
The current volatility for iShares $ Development Bank Bonds UCITS ETF EUR Hedged (Acc) (UEEG.DE) is 0.95%, while iShares S&P 500 Information Technology Sector UCITS ETF (QDVE.DE) has a volatility of 7.99%. This indicates that UEEG.DE 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.
Loading charts...
Volatility by Period
| UEEG.DE | QDVE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.95% | 7.99% | -7.04% |
Volatility (6M)Calculated over the trailing 6-month period | 2.81% | 15.87% | -13.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.60% | 21.50% | -17.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.29% | 22.89% | -18.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.03% | 21.80% | -17.77% |
UEEG.DE vs. QDVE.DE - Expense Ratio Comparison
UEEG.DE has a 0.18% expense ratio, which is higher than QDVE.DE's 0.15% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
UEEG.DE vs. QDVE.DE - Dividend Comparison
Neither UEEG.DE nor QDVE.DE has paid dividends to shareholders.
Frequently Asked Questions
UEEG.DE and QDVE.DE have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, QDVE.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
QDVE.DE is cheaper with a 0.15% expense ratio, compared with 0.18% for UEEG.DE.
UEEG.DE is categorized as Government Bonds, while QDVE.DE is Technology Equities. UEEG.DE tracks FTSE World Broad Investment-Grade USD Multilateral Development Bank Bond Capped Index (EUR Hedged), while QDVE.DE tracks S&P 500 Capped 35/20 Information Technology Index. Their fees differ too: 0.18% for UEEG.DE and 0.15% for QDVE.DE.
Find the right allocation for UEEG.DE and QDVE.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