VDIV.DE vs. XLKQ.L
VDIV.DE (VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF) and XLKQ.L (Invesco Technology S&P US Select Sector UCITS ETF GBP Acc) are both exchange-traded funds - VDIV.DE is a Global Equities fund tracking the Morningstar Developed Markets Large Cap Dividend Leaders Screened Select Index, while XLKQ.L is a Technology Equities fund tracking the S&P Select Sector Capped 20% Technology Index. Both are passively managed. Over the past 5 years, VDIV.DE returned 17.59%/yr vs 25.66%/yr for XLKQ.L. At a 0.39 correlation, their price movements are largely independent. VDIV.DE charges 0.38%/yr vs 0.14%/yr for XLKQ.L.
Performance
VDIV.DE vs. XLKQ.L - Performance Comparison
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Different Trading Currencies
VDIV.DE is traded in EUR, while XLKQ.L is traded in GBp. To make them comparable, the XLKQ.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, VDIV.DE achieves a 10.21% return, which is significantly lower than XLKQ.L's 21.58% return.
VDIV.DE
- 1D
- 0.17%
- 1M
- 1.83%
- YTD
- 10.21%
- 6M
- 13.27%
- 1Y
- 25.27%
- 3Y*
- 19.73%
- 5Y*
- 17.59%
- 10Y*
- —
XLKQ.L
- 1D
- -0.09%
- 1M
- 6.65%
- YTD
- 21.58%
- 6M
- 18.39%
- 1Y
- 45.40%
- 3Y*
- 32.28%
- 5Y*
- 25.66%
- 10Y*
- 25.62%
VDIV.DE vs. XLKQ.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
VDIV.DE VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF | 10.21% | 24.58% | 15.66% | 11.45% | 15.47% | 27.94% | -11.00% | 23.04% | -2.35% |
XLKQ.L Invesco Technology S&P US Select Sector UCITS ETF GBP Acc | 21.58% | 9.72% | 50.98% | 55.05% | -24.67% | 45.15% | 30.44% | 53.56% | -4.36% |
Correlation
The correlation between VDIV.DE and XLKQ.L is 0.09, 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 | 0.09 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.30 |
Correlation (All Time) Calculated using the full available price history since Dec 11, 2018 | 0.39 |
Over the past year, the correlation between VDIV.DE and XLKQ.L has dropped to 0.09 - well below their long-term average of 0.39, suggesting their price drivers have been diverging.
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Return for Risk
VDIV.DE vs. XLKQ.L — Risk / Return Rank
VDIV.DE
XLKQ.L
VDIV.DE vs. XLKQ.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF (VDIV.DE) and Invesco Technology S&P US Select Sector UCITS ETF GBP Acc (XLKQ.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.
| VDIV.DE | XLKQ.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.40 | ||
| Sortino ratioReturn per unit of downside risk | +0.83 | ||
| Omega ratioGain probability vs. loss probability | 1.49 | 1.37 | +0.12 |
| Calmar ratioReturn relative to maximum drawdown | 6.88 | 2.86 | +4.01 |
| Martin ratioReturn relative to average drawdown | 19.93 | 7.63 | +12.30 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| VDIV.DE | XLKQ.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.67 | 2.27 | +0.40 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.46 | 0.96 | +0.50 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 1.08 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.95 | 0.79 | +0.16 |
Drawdowns
VDIV.DE vs. XLKQ.L - Drawdown Comparison
The maximum VDIV.DE drawdown since its inception was -36.13%, smaller than the maximum XLKQ.L drawdown of -40.10%. Use the drawdown chart below to compare losses from any high point for VDIV.DE and XLKQ.L.
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Drawdown Indicators
| VDIV.DE | XLKQ.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.13% | -40.10% | +3.97% |
Max Drawdown (1Y)Largest decline over 1 year | -3.68% | -15.78% | +12.10% |
Max Drawdown (3Y)Largest decline over 3 years | -15.13% | -30.46% | +15.33% |
Max Drawdown (5Y)Largest decline over 5 years | -15.13% | -30.46% | +15.33% |
Max Drawdown (10Y)Largest decline over 10 years | — | -30.78% | — |
Current DrawdownCurrent decline from peak | -2.01% | -5.59% | +3.58% |
Average DrawdownAverage peak-to-trough decline | -4.22% | -8.03% | +3.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.24% | 5.93% | -4.69% |
Volatility
VDIV.DE vs. XLKQ.L - Volatility Comparison
The current volatility for VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF (VDIV.DE) is 2.44%, while Invesco Technology S&P US Select Sector UCITS ETF GBP Acc (XLKQ.L) has a volatility of 7.18%. This indicates that VDIV.DE experiences smaller price fluctuations and is considered to be less risky than XLKQ.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VDIV.DE | XLKQ.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.44% | 7.18% | -4.74% |
Volatility (6M)Calculated over the trailing 6-month period | 6.97% | 14.79% | -7.82% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.49% | 19.95% | -10.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.95% | 26.76% | -14.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.36% | 23.78% | -8.42% |
VDIV.DE vs. XLKQ.L - Expense Ratio Comparison
VDIV.DE has a 0.38% expense ratio, which is higher than XLKQ.L's 0.14% expense ratio.
Dividends
VDIV.DE vs. XLKQ.L - Dividend Comparison
VDIV.DE's dividend yield for the trailing twelve months is around 3.18%, while XLKQ.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
VDIV.DE VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF | 3.18% | 3.58% | 4.19% | 4.97% | 4.56% | 3.97% | 4.11% | 4.35% | 0.91% |
XLKQ.L Invesco Technology S&P US Select Sector UCITS ETF GBP Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
VDIV.DE and XLKQ.L have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XLKQ.L is cheaper at 0.14% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XLKQ.L is cheaper with a 0.14% expense ratio, compared with 0.38% for VDIV.DE.
VDIV.DE is categorized as Global Equities, while XLKQ.L is Technology Equities. VDIV.DE tracks Morningstar Developed Markets Large Cap Dividend Leaders Screened Select Index, while XLKQ.L tracks S&P Select Sector Capped 20% Technology Index. They also come from different issuers: VanEck and Invesco. Their fees differ too: 0.38% for VDIV.DE and 0.14% for XLKQ.L.
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