UST vs. QDVE.DE
Compare and contrast key facts about ProShares Ultra 7-10 Year Treasury (UST) and iShares S&P 500 Information Technology Sector UCITS ETF (QDVE.DE).
UST 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. UST is a passively managed fund by ProShares that tracks the performance of the Barclays Capital U.S. 7-10 Year Treasury Index (200%). It was launched on Jan 19, 2010. 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 UST 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: UST or QDVE.DE.
Key characteristics
| UST | QDVE.DE | |
|---|---|---|
| YTD Return | -9.19% | 9.77% |
| 1Y Return | -16.33% | 43.92% |
| 3Y Return (Ann) | -13.58% | 18.80% |
| 5Y Return (Ann) | -5.22% | 22.77% |
| Sharpe Ratio | -0.93 | 2.29 |
| Daily Std Dev | 16.35% | 18.26% |
| Max Drawdown | -47.99% | -31.45% |
| Current Drawdown | -44.24% | -5.94% |
Correlation
The correlation between UST and QDVE.DE is -0.04. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
UST vs. QDVE.DE - Performance Comparison
In the year-to-date period, UST achieves a -9.19% return, which is significantly lower than QDVE.DE's 9.77% 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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UST vs. QDVE.DE - Expense Ratio Comparison
UST has a 0.95% expense ratio, which is higher than QDVE.DE's 0.15% expense ratio.
Risk-Adjusted Performance
UST vs. QDVE.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra 7-10 Year Treasury (UST) 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
UST vs. QDVE.DE - Dividend Comparison
UST's dividend yield for the trailing twelve months is around 4.43%, while QDVE.DE has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
UST ProShares Ultra 7-10 Year Treasury | 4.43% | 3.49% | 0.47% | 0.27% | 0.53% | 1.42% | 1.71% | 0.84% | 0.64% | 0.75% | 4.91% |
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% |
Drawdowns
UST vs. QDVE.DE - Drawdown Comparison
The maximum UST drawdown since its inception was -47.99%, 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 UST and QDVE.DE. For additional features, visit the drawdowns tool.
Volatility
UST vs. QDVE.DE - Volatility Comparison
The current volatility for ProShares Ultra 7-10 Year Treasury (UST) is 4.76%, while iShares S&P 500 Information Technology Sector UCITS ETF (QDVE.DE) has a volatility of 6.05%. This indicates that UST 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.