XNDX.DE vs. QDVA.DE

Last updated Apr 2, 2026

Compare and contrast key facts about Xtrackers Nasdaq 100 Swap UCITS ETF 1D USD (XNDX.DE) and iShares Edge MSCI USA Momentum Factor UCITS ETF (QDVA.DE).

XNDX.DE and QDVA.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XNDX.DE is a passively managed fund by Xtrackers that tracks the performance of the Nasdaq 100 Index. It was launched on Jul 9, 2025. QDVA.DE is a passively managed fund by iShares that tracks the performance of the MSCI USA Momentum. It was launched on Oct 13, 2016. Both XNDX.DE and QDVA.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.

Performance

XNDX.DE vs. QDVA.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Xtrackers Nasdaq 100 Swap UCITS ETF 1D USD (XNDX.DE) and iShares Edge MSCI USA Momentum Factor UCITS ETF (QDVA.DE). The values are adjusted to include any dividend payments, if applicable.

XNDX.DE vs. QDVA.DE - Yearly Performance Comparison

	2026 (YTD)	2025
XNDX.DE Xtrackers Nasdaq 100 Swap UCITS ETF 1D USD	-4.23%	-4.86%
QDVA.DE iShares Edge MSCI USA Momentum Factor UCITS ETF	-2.01%	6.08%

Returns By Period

In the year-to-date period, XNDX.DE achieves a -4.23% return, which is significantly lower than QDVA.DE's -2.01% return.

XNDX.DE

• 1D: 2.54%
• 1M: -2.46%
• YTD: -4.23%
• 6M: -1.18%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

QDVA.DE

• 1D: -0.08%
• 1M: -0.53%
• YTD: -2.01%
• 6M: -1.91%
• 1Y: 8.19%
• 3Y*: 16.89%
• 5Y*: 8.91%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

XNDX.DE vs. QDVA.DE - Expense Ratio Comparison

XNDX.DE has a 0.18% expense ratio, which is lower than QDVA.DE's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

QDVA.DE

iShares Edge MSCI USA Momentum Factor UCITS ETF

XNDX.DE

Xtrackers Nasdaq 100 Swap UCITS ETF 1D USD

Return for Risk

XNDX.DE vs. QDVA.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

QDVA.DE

QDVA.DE Risk / Return Rank: 32
QDVA.DE Sharpe Ratio Rank: 21
QDVA.DE Sortino Ratio Rank: 22
QDVA.DE Omega Ratio Rank: 21
QDVA.DE Calmar Ratio Rank: 53
QDVA.DE Martin Ratio Rank: 45

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

XNDX.DE vs. QDVA.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers Nasdaq 100 Swap UCITS ETF 1D USD (XNDX.DE) and iShares Edge MSCI USA Momentum Factor UCITS ETF (QDVA.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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	XNDX.DE	QDVA.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.38	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.47	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.35	0.68	-1.03

Correlation

The correlation between XNDX.DE and QDVA.DE is 0.74, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

XNDX.DE vs. QDVA.DE - Dividend Comparison

XNDX.DE's dividend yield for the trailing twelve months is around 0.12%, while QDVA.DE has not paid dividends to shareholders.

	TTM
XNDX.DE Xtrackers Nasdaq 100 Swap UCITS ETF 1D USD	0.12%
QDVA.DE iShares Edge MSCI USA Momentum Factor UCITS ETF	0.00%

Drawdowns

XNDX.DE vs. QDVA.DE - Drawdown Comparison

The maximum XNDX.DE drawdown since its inception was -20.11%, smaller than the maximum QDVA.DE drawdown of -33.34%. Use the drawdown chart below to compare losses from any high point for XNDX.DE and QDVA.DE.

Drawdown Indicators

	XNDX.DE	QDVA.DE	Difference
Max Drawdown Largest peak-to-trough decline	-20.11%	-33.34%	+13.23%
Max Drawdown (1Y) Largest decline over 1 year	—	-9.48%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-25.56%	—
Current Drawdown Current decline from peak	-17.95%	-6.17%	-11.78%
Average Drawdown Average peak-to-trough decline	-11.71%	-6.95%	-4.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.00%	—

Volatility

Volatility by Period

	XNDX.DE	QDVA.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.88%	—
Volatility (6M) Calculated over the trailing 6-month period	—	14.18%	—
Volatility (1Y) Calculated over the trailing 1-year period	34.49%	21.63%	+12.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	34.49%	18.90%	+15.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.49%	19.07%	+15.42%