UIC2.DE vs. QDVE.DE
Compare and contrast key facts about UBS ETF (LU) Solactive China Technology UCITS ETF (USD) A-acc (UIC2.DE) and iShares S&P 500 Information Technology Sector UCITS ETF (QDVE.DE).
UIC2.DE 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. UIC2.DE is a passively managed fund by UBS that tracks the performance of the Solactive China Technology. It was launched on Mar 5, 2021. 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 UIC2.DE 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: UIC2.DE or QDVE.DE.
Correlation
The correlation between UIC2.DE and QDVE.DE is 0.36, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
UIC2.DE vs. QDVE.DE - Performance Comparison
Key characteristics
UIC2.DE:
1.72
QDVE.DE:
1.42
UIC2.DE:
2.48
QDVE.DE:
1.91
UIC2.DE:
1.30
QDVE.DE:
1.26
UIC2.DE:
0.83
QDVE.DE:
2.00
UIC2.DE:
5.31
QDVE.DE:
6.23
UIC2.DE:
9.69%
QDVE.DE:
5.03%
UIC2.DE:
30.06%
QDVE.DE:
22.11%
UIC2.DE:
-63.35%
QDVE.DE:
-31.45%
UIC2.DE:
-41.61%
QDVE.DE:
-2.66%
Returns By Period
In the year-to-date period, UIC2.DE achieves a 13.64% return, which is significantly higher than QDVE.DE's 0.11% return.
UIC2.DE
13.64%
14.52%
50.12%
46.40%
N/A
N/A
QDVE.DE
0.11%
1.25%
14.33%
36.54%
23.06%
N/A
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UIC2.DE vs. QDVE.DE - Expense Ratio Comparison
UIC2.DE has a 0.47% expense ratio, which is higher than QDVE.DE's 0.15% expense ratio.
Risk-Adjusted Performance
UIC2.DE vs. QDVE.DE — Risk-Adjusted Performance Rank
UIC2.DE
QDVE.DE
UIC2.DE vs. QDVE.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for UBS ETF (LU) Solactive China Technology UCITS ETF (USD) A-acc (UIC2.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.
Dividends
UIC2.DE vs. QDVE.DE - Dividend Comparison
Neither UIC2.DE nor QDVE.DE has paid dividends to shareholders.
Drawdowns
UIC2.DE vs. QDVE.DE - Drawdown Comparison
The maximum UIC2.DE drawdown since its inception was -63.35%, 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 UIC2.DE and QDVE.DE. For additional features, visit the drawdowns tool.
Volatility
UIC2.DE vs. QDVE.DE - Volatility Comparison
The current volatility for UBS ETF (LU) Solactive China Technology UCITS ETF (USD) A-acc (UIC2.DE) is 7.84%, while iShares S&P 500 Information Technology Sector UCITS ETF (QDVE.DE) has a volatility of 8.84%. This indicates that UIC2.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.