WTEQ.DE vs. HDLV.DE
WTEQ.DE (WisdomTree Global Quality Dividend Growth UCITS ETF USD (Dist)) and HDLV.DE (Invesco S&P 500 High Dividend Low Volatility UCITS ETF) are both Dividend funds - WTEQ.DE tracks the WisdomTree Global Developed Quality Dividend Growth Index while HDLV.DE tracks the S&P 500 Low Volatility High Dividend Net Total Return Index. Both are passively managed. Over the past 3 years, WTEQ.DE returned 11.35%/yr vs 10.95%/yr for HDLV.DE. A 0.54 correlation means they provide meaningful diversification when combined. WTEQ.DE charges 0.38%/yr vs 0.30%/yr for HDLV.DE.
Performance
WTEQ.DE vs. HDLV.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, WTEQ.DE achieves a 8.53% return, which is significantly lower than HDLV.DE's 13.82% return.
WTEQ.DE
- 1D
- 0.00%
- 1M
- 1.39%
- 6M
- 6.55%
- YTD
- 8.53%
- 1Y
- 16.75%
- 3Y*
- 11.35%
- 5Y*
- —
- 10Y*
- —
HDLV.DE
- 1D
- 0.71%
- 1M
- 3.67%
- 6M
- 10.54%
- YTD
- 13.82%
- 1Y
- 14.93%
- 3Y*
- 10.95%
- 5Y*
- 7.83%
- 10Y*
- 6.14%
WTEQ.DE vs. HDLV.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
WTEQ.DE WisdomTree Global Quality Dividend Growth UCITS ETF USD (Dist) | 8.53% | 3.61% | 15.54% | 14.11% | -6.31% |
HDLV.DE Invesco S&P 500 High Dividend Low Volatility UCITS ETF | 13.82% | -8.06% | 23.32% | -2.45% | -6.95% |
Correlation
The correlation between WTEQ.DE and HDLV.DE is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.26 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since Apr 29, 2022 | 0.54 |
Over the past year, the correlation between WTEQ.DE and HDLV.DE has dropped to 0.26 - well below their long-term average of 0.54, 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
WTEQ.DE vs. HDLV.DE — Risk / Return Rank
WTEQ.DE
HDLV.DE
WTEQ.DE vs. HDLV.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Global Quality Dividend Growth UCITS ETF USD (Dist) (WTEQ.DE) and Invesco S&P 500 High Dividend Low Volatility UCITS ETF (HDLV.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.
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.
| WTEQ.DE | HDLV.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.16 | ||
| Sortino ratioReturn per unit of downside risk | +0.22 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.22 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 2.15 | 2.27 | -0.12 |
| Martin ratioReturn relative to average drawdown | 8.70 | 5.78 | +2.93 |
Loading charts...
Drawdowns
WTEQ.DE vs. HDLV.DE - Drawdown Comparison
The maximum WTEQ.DE drawdown since its inception was -19.85%, smaller than the maximum HDLV.DE drawdown of -39.21%. Use the drawdown chart below to compare losses from any high point for WTEQ.DE and HDLV.DE.
Loading charts...
Drawdown Indicators
| WTEQ.DE | HDLV.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.85% | -39.21% | +19.36% |
Max Drawdown (1Y)Largest decline over 1 year | -7.84% | -6.56% | -1.28% |
Max Drawdown (3Y)Largest decline over 3 years | -19.85% | -19.09% | -0.76% |
Max Drawdown (5Y)Largest decline over 5 years | — | -19.99% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -39.21% | — |
Current DrawdownCurrent decline from peak | -1.06% | -1.67% | +0.61% |
Average DrawdownAverage peak-to-trough decline | -3.73% | -8.69% | +4.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.93% | 2.58% | -0.65% |
Volatility
WTEQ.DE vs. HDLV.DE - Volatility Comparison
The current volatility for WisdomTree Global Quality Dividend Growth UCITS ETF USD (Dist) (WTEQ.DE) is 2.49%, while Invesco S&P 500 High Dividend Low Volatility UCITS ETF (HDLV.DE) has a volatility of 3.74%. This indicates that WTEQ.DE experiences smaller price fluctuations and is considered to be less risky than HDLV.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| WTEQ.DE | HDLV.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.49% | 3.74% | -1.25% |
Volatility (6M)Calculated over the trailing 6-month period | 8.75% | 8.69% | +0.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.27% | 11.17% | +0.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.40% | 13.63% | -1.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.40% | 17.11% | -4.71% |
WTEQ.DE vs. HDLV.DE - Expense Ratio Comparison
WTEQ.DE has a 0.38% expense ratio, which is higher than HDLV.DE's 0.30% expense ratio.
Dividends
WTEQ.DE vs. HDLV.DE - Dividend Comparison
WTEQ.DE's dividend yield for the trailing twelve months is around 1.17%, less than HDLV.DE's 3.44% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HDLV.DE Invesco S&P 500 High Dividend Low Volatility UCITS ETF | 3.44% | 4.01% | 3.43% | 4.14% | 3.60% | 3.24% | 4.64% | 3.68% | 3.70% | 3.22% | 2.93% | 1.86% |
WTEQ.DE WisdomTree Global Quality Dividend Growth UCITS ETF USD (Dist) | 1.17% | 1.26% | 1.59% | 1.84% | 1.61% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
WTEQ.DE and HDLV.DE have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, HDLV.DE is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
HDLV.DE is cheaper with a 0.30% expense ratio, compared with 0.38% for WTEQ.DE.
WTEQ.DE tracks WisdomTree Global Developed Quality Dividend Growth Index, while HDLV.DE tracks S&P 500 Low Volatility High Dividend Net Total Return Index. They also come from different issuers: WisdomTree and Invesco. Their fees differ too: 0.38% for WTEQ.DE and 0.30% for HDLV.DE.
Find the right allocation for WTEQ.DE and HDLV.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