WQDV.L vs. SGOV
WQDV.L (iShares MSCI World Quality Dividend ESG UCITS ETF USD (Dist)) and SGOV (iShares 0-3 Month Treasury Bond ETF) are both exchange-traded funds - WQDV.L is a Global Equities fund tracking the MSCI World High Dividend Yield ESG Reduced Carbon Target Select Index, while SGOV is a Ultrashort Bond fund tracking the ICE 0-3 Month US Treasury Securities Index. Both are passively managed. Over the past 5 years, WQDV.L returned 12.29%/yr vs 3.57%/yr for SGOV. At a correlation of -0.04, they often move in opposite directions. WQDV.L charges 0.38%/yr vs 0.09%/yr for SGOV.
Performance
WQDV.L vs. SGOV - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, WQDV.L achieves a 13.76% return, which is significantly higher than SGOV's 1.69% return.
WQDV.L
- 1D
- 0.00%
- 1M
- 1.40%
- YTD
- 13.76%
- 6M
- 14.45%
- 1Y
- 31.16%
- 3Y*
- 18.65%
- 5Y*
- 12.29%
- 10Y*
- —
SGOV
- 1D
- 0.04%
- 1M
- 0.26%
- YTD
- 1.69%
- 6M
- 1.79%
- 1Y
- 3.92%
- 3Y*
- 4.71%
- 5Y*
- 3.57%
- 10Y*
- —
WQDV.L vs. SGOV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
WQDV.L iShares MSCI World Quality Dividend ESG UCITS ETF USD (Dist) | 13.76% | 24.16% | 9.75% | 17.23% | -6.95% | 16.00% | 16.82% |
SGOV iShares 0-3 Month Treasury Bond ETF | 1.69% | 4.24% | 5.27% | 5.12% | 1.58% | 0.04% | 0.04% |
Correlation
The correlation between WQDV.L and SGOV is -0.06, 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 | -0.06 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.07 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.05 |
Correlation (All Time) Calculated using the full available price history since May 28, 2020 | -0.04 |
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
WQDV.L vs. SGOV — Risk / Return Rank
WQDV.L
SGOV
WQDV.L vs. SGOV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI World Quality Dividend ESG UCITS ETF USD (Dist) (WQDV.L) and iShares 0-3 Month Treasury Bond ETF (SGOV). 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.
| WQDV.L | SGOV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -17.76 | ||
| Sortino ratioReturn per unit of downside risk | -272.49 | ||
| Omega ratioGain probability vs. loss probability | 1.47 | 196.05 | -194.58 |
| Calmar ratioReturn relative to maximum drawdown | 4.05 | 399.24 | -395.19 |
| Martin ratioReturn relative to average drawdown | 14.99 | 4,473.64 | -4,458.66 |
Loading charts...
Drawdowns
WQDV.L vs. SGOV - Drawdown Comparison
The maximum WQDV.L drawdown since its inception was -33.16%, which is greater than SGOV's maximum drawdown of -0.03%. Use the drawdown chart below to compare losses from any high point for WQDV.L and SGOV.
Loading charts...
Drawdown Indicators
| WQDV.L | SGOV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.16% | -0.03% | -33.13% |
Max Drawdown (1Y)Largest decline over 1 year | -7.79% | -0.01% | -7.78% |
Max Drawdown (3Y)Largest decline over 3 years | -14.03% | -0.01% | -14.02% |
Max Drawdown (5Y)Largest decline over 5 years | -21.24% | -0.03% | -21.21% |
Current DrawdownCurrent decline from peak | -1.05% | 0.00% | -1.05% |
Average DrawdownAverage peak-to-trough decline | -4.27% | -0.00% | -4.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.11% | 0.00% | +2.11% |
Volatility
WQDV.L vs. SGOV - Volatility Comparison
iShares MSCI World Quality Dividend ESG UCITS ETF USD (Dist) (WQDV.L) has a higher volatility of 3.61% compared to iShares 0-3 Month Treasury Bond ETF (SGOV) at 0.06%. This indicates that WQDV.L's price experiences larger fluctuations and is considered to be riskier than SGOV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| WQDV.L | SGOV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.61% | 0.06% | +3.55% |
Volatility (6M)Calculated over the trailing 6-month period | 9.39% | 0.13% | +9.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.08% | 0.19% | +11.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.90% | 0.24% | +13.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.66% | 0.24% | +14.42% |
WQDV.L vs. SGOV - Expense Ratio Comparison
WQDV.L has a 0.38% expense ratio, which is higher than SGOV's 0.09% expense ratio.
Dividends
WQDV.L vs. SGOV - Dividend Comparison
WQDV.L's dividend yield for the trailing twelve months is around 1.81%, less than SGOV's 3.85% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
SGOV iShares 0-3 Month Treasury Bond ETF | 3.85% | 4.10% | 5.10% | 4.87% | 1.45% | 0.03% | 0.05% | 0.00% | 0.00% | 0.00% |
WQDV.L iShares MSCI World Quality Dividend ESG UCITS ETF USD (Dist) | 1.81% | 2.31% | 2.58% | 2.78% | 2.95% | 2.75% | 2.81% | 3.01% | 3.28% | 0.77% |
Frequently Asked Questions
WQDV.L and SGOV have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SGOV is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SGOV is cheaper with a 0.09% expense ratio, compared with 0.38% for WQDV.L.
WQDV.L is categorized as Global Equities, while SGOV is Ultrashort Bond. WQDV.L tracks MSCI World High Dividend Yield ESG Reduced Carbon Target Select Index, while SGOV tracks ICE 0-3 Month US Treasury Securities Index. Their fees differ too: 0.38% for WQDV.L and 0.09% for SGOV.
Find the right allocation for WQDV.L and SGOV
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