WTEL.AS vs. QDVE.DE
WTEL.AS (SPDR MSCI World Communication Services UCITS ETF) and QDVE.DE (iShares S&P 500 Information Technology Sector UCITS ETF) are both exchange-traded funds - WTEL.AS is a Communications Equities fund tracking the MSCI World/Comm Services NR USD, 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 10 years, WTEL.AS returned 10.52%/yr vs 26.04%/yr for QDVE.DE. A 0.66 correlation means they provide meaningful diversification when combined. WTEL.AS charges 0.30%/yr vs 0.15%/yr for QDVE.DE.
Performance
WTEL.AS vs. QDVE.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, WTEL.AS achieves a 4.80% return, which is significantly lower than QDVE.DE's 24.06% return. Over the past 10 years, WTEL.AS has underperformed QDVE.DE with an annualized return of 10.52%, while QDVE.DE has yielded a comparatively higher 26.04% annualized return.
WTEL.AS
- 1D
- 0.98%
- 1M
- -0.48%
- YTD
- 4.80%
- 6M
- 3.56%
- 1Y
- 23.11%
- 3Y*
- 23.52%
- 5Y*
- 11.77%
- 10Y*
- 10.52%
QDVE.DE
- 1D
- -2.26%
- 1M
- 13.91%
- YTD
- 24.06%
- 6M
- 23.05%
- 1Y
- 49.27%
- 3Y*
- 30.81%
- 5Y*
- 25.33%
- 10Y*
- 26.04%
WTEL.AS vs. QDVE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WTEL.AS SPDR MSCI World Communication Services UCITS ETF | 4.80% | 14.25% | 44.37% | 41.40% | -34.31% | 25.76% | 11.99% | 28.45% | -5.05% | -6.71% |
QDVE.DE iShares S&P 500 Information Technology Sector UCITS ETF | 24.06% | 9.99% | 46.12% | 54.14% | -25.83% | 46.77% | 29.69% | 53.86% | 3.04% | 21.00% |
Correlation
The correlation between WTEL.AS and QDVE.DE is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.43 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.59 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.67 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.67 |
Correlation (All Time) Calculated using the full available price history since Dec 3, 2015 | 0.66 |
Over the past year, the correlation between WTEL.AS and QDVE.DE has dropped to 0.43 - well below their long-term average of 0.66, suggesting their price drivers have been diverging.
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
WTEL.AS vs. QDVE.DE — Risk / Return Rank
WTEL.AS
QDVE.DE
WTEL.AS vs. QDVE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI World Communication Services UCITS ETF (WTEL.AS) 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.
| WTEL.AS | QDVE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.76 | ||
| Sortino ratioReturn per unit of downside risk | -0.69 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.39 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 2.35 | 3.14 | -0.79 |
| Martin ratioReturn relative to average drawdown | 8.89 | 8.31 | +0.58 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| WTEL.AS | QDVE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.64 | 2.40 | -0.76 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.64 | 1.10 | -0.47 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.56 | 1.19 | -0.63 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.52 | 1.07 | -0.55 |
Drawdowns
WTEL.AS vs. QDVE.DE - Drawdown Comparison
The maximum WTEL.AS drawdown since its inception was -36.50%, 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 WTEL.AS and QDVE.DE.
Loading charts...
Drawdown Indicators
| WTEL.AS | QDVE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.50% | -31.45% | -5.05% |
Max Drawdown (1Y)Largest decline over 1 year | -9.71% | -15.59% | +5.88% |
Max Drawdown (3Y)Largest decline over 3 years | -24.16% | -29.83% | +5.67% |
Max Drawdown (5Y)Largest decline over 5 years | -36.50% | -29.83% | -6.67% |
Max Drawdown (10Y)Largest decline over 10 years | -36.50% | -31.45% | -5.05% |
Current DrawdownCurrent decline from peak | -2.92% | -3.08% | +0.16% |
Average DrawdownAverage peak-to-trough decline | -7.90% | -5.80% | -2.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.58% | 5.91% | -3.33% |
Volatility
WTEL.AS vs. QDVE.DE - Volatility Comparison
The current volatility for SPDR MSCI World Communication Services UCITS ETF (WTEL.AS) is 3.63%, while iShares S&P 500 Information Technology Sector UCITS ETF (QDVE.DE) has a volatility of 7.12%. This indicates that WTEL.AS 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
| WTEL.AS | QDVE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.63% | 7.12% | -3.49% |
Volatility (6M)Calculated over the trailing 6-month period | 9.56% | 14.85% | -5.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.88% | 20.42% | -6.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.24% | 22.71% | -4.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.37% | 21.73% | -3.36% |
WTEL.AS vs. QDVE.DE - Expense Ratio Comparison
WTEL.AS has a 0.30% expense ratio, which is higher than QDVE.DE's 0.15% expense ratio.
Dividends
WTEL.AS vs. QDVE.DE - Dividend Comparison
Neither WTEL.AS nor QDVE.DE has paid dividends to shareholders.
Frequently Asked Questions
WTEL.AS and QDVE.DE have a correlation of 0.43, 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 0.30% for WTEL.AS.
WTEL.AS is categorized as Communications Equities, while QDVE.DE is Technology Equities. WTEL.AS tracks MSCI World/Comm Services NR USD, while QDVE.DE tracks S&P 500 Capped 35/20 Information Technology Index. They also come from different issuers: State Street and iShares. Their fees differ too: 0.30% for WTEL.AS and 0.15% for QDVE.DE.
Find the right allocation for WTEL.AS 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