CBLS vs QLVD

Comparison between CLOUGH HEDGED EQUITY ETF (CBLS, ETF) and FLEXSHARES DEVELOPED MARKETS EX-US QUALITY LOW VOLATILITY INDEX FUND (QLVD, ETF).

5-Year PerformanceQLVD has outperformed CBLS, delivering a return of +5.8% compared to +4.7%

CBLS vs QLVD - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CBLS(ETF)	QLVD(ETF)
Net Assets	$53M	$53M
Expense Ratio	1.89%	0.12%
Max Drawdown	32.78%	28.36%
Sharpe Ratio	0.81	0.34
5Y Beta	0.59	0.39
P/E Ratio	30.56	N/A
Forward P/E	33.82	N/A
PEG Ratio	0.59	N/A
5Y Dividends CAGR	N/A	10.95%
P/S Ratio	3.49	N/A

Net Assets

CBLS

$53M

QLVD

$53M

Expense Ratio

CBLS

1.89%

Winner

QLVD

0.12%

Max Drawdown

CBLS

32.78%

Winner

QLVD

28.36%

Sharpe Ratio

Winner

CBLS

0.81

QLVD

0.34

5Y Beta

CBLS

0.59

Winner

QLVD

0.39

P/E Ratio

CBLS

30.56

QLVD

N/A

Forward P/E

CBLS

33.82

QLVD

N/A

PEG Ratio

CBLS

0.59

QLVD

N/A

5Y Dividends CAGR

CBLS

N/A

QLVD

10.95%

P/S Ratio

CBLS

3.49

QLVD

N/A

CBLS vs QLVD - Holdings Comparison

CBLS and QLVD have 1 common holdings. Overlap is -1.03%

CBLS's top 25 holdings weight is 67.31%. QLVD's top 25 holdings weight is 37.08%.

Rank	CBLS	QLVD
#1	BLACKROCK LIQUIDITY T-FUND INSTL (TSTXX) - 4.48%	NOVARTIS AG REGISTERED SHARES (n/a) - 3.75%
#2	n/a (VG) - 3.67%	ROYAL BANK OF CANADA (n/a) - 2.52%
#3	OSCAR HEALTH INC CLASS A (OSCR) - 2.95%	UNILEVER PLC (n/a) - 2.18%
#4	SLB LTD (SLB) - 2.91%	MITSUBISHI CORP (n/a) - 1.96%
#5	TRANSOCEAN LTD (RIG) - 2.87%	CANADIAN IMPERIAL BANK OF COMMERCE (n/a) - 1.81%
#6	HALLIBURTON CO (HAL) - 2.83%	ASML HOLDING NV (n/a) - 1.68%
#7	SELECT WATER SOLUTIONS INC CLASS A (WTTR) - 2.78%	NESTLE SA (n/a) - 1.67%
#8	MARVELL TECHNOLOGY INC (MRVL) - 2.75%	SANOFI SA (n/a) - 1.65%
#9	KRYSTAL BIOTECH INC (KRYS) - 2.74%	AIR LIQUIDE SA (n/a) - 1.61%
#10	LAM RESEARCH CORP (LRCX) - 2.68%	ENBRIDGE INC (ENB) - 1.53%
#11	UNITEDHEALTH GROUP INC (UNH) - 2.68%	IBERDROLA SA (n/a) - 1.52%
#12	SERVICE CORP INTERNATIONAL (SCI) - 2.64%	DEUTSCHE TELEKOM AG (n/a) - 1.37%
#13	KINROSS GOLD CORP (n/a) - 2.53%	DBS GROUP HOLDINGS LTD (n/a) - 1.36%
#14	TRANSMEDICS GROUP INC (TMDX) - 2.50%	n/a (n/a) - 1.23%
#15	PHILIP MORRIS INTERNATIONAL INC (PM) - 2.49%	BANK OF NOVA SCOTIA (BNS) - 1.13%
#16	NEWMONT CORP (NEM) - 2.48%	OVERSEA-CHINESE BANKING CORP LTD (n/a) - 1.11%
#17	CORNING INC (GLW) - 2.45%	CANADIAN NATIONAL RAILWAY CO (n/a) - 1.05%
#18	KLA CORP (KLAC) - 2.44%	ZURICH INSURANCE GROUP AG (n/a) - 1.05%
#19	CREDO TECHNOLOGY GROUP HOLDING LTD (CRDO) - 2.41%	DEUTSCHE BOERSE AG (n/a) - 1.03%
#20	CONSTELLATION ENERGY CORP (CEG) - 2.39%	KDDI CORP (n/a) - 1.01%
#21	ROLLINS INC (ROL) - 2.38%	SINGAPORE EXCHANGE LTD (n/a) - 1.00%
#22	AKAMAI TECHNOLOGIES INC (AKAM) - 2.38%	ENGIE SA (n/a) - 0.99%
#23	STARBUCKS CORP (SBUX) - 2.31%	SHELL PLC (n/a) - 0.96%
#24	NVIDIA CORP (NVDA) - 2.29%	SOFTBANK CORP (n/a) - 0.96%
#25	SOUTHERN COPPER CORP (SCCO) - 2.28%	BOC HONG KONG HOLDINGS LTD (n/a) - 0.95%
Total Holdings	83	187

CBLS vs QLVD - Historical Returns

Returns include dividend reinvestment.

Period	CBLS	QLVD
1 month	+2.89%	-1.46%
3 months	+11.93%	-2.34%
6 months	+17.31%	+4.41%
1 year	+17.04%	+6.86%
5 years(CAGR)	+4.67%	+5.78%
Max(CAGR)	+9.27%	+6.67%

Winner

CBLS

+2.89%

QLVD

-1.46%

Winner

CBLS

+11.93%

QLVD

-2.34%

Winner

CBLS

+17.31%

QLVD

+4.41%

Winner

CBLS

+17.04%

QLVD

+6.86%

5Y(CAGR)

CBLS

+4.67%

Winner

QLVD

+5.78%

Max(CAGR)

Winner

CBLS

+9.27%

QLVD

+6.67%

CBLS vs QLVD - Annual Returns (2019 - 2026)

Returns include dividend reinvestment.

Year	CBLS	QLVD
2026	+17.06%	+2.11%
2025	+4.95%	+24.46%
2024	+30.19%	+5.52%
2023	-2.20%	+11.27%
2022	-12.33%	-12.00%
2021	+3.87%	+8.30%
2020	+14.15%	+2.65%
2019	N/A	+6.34%

CBLS vs QLVD Drawdown Comparison

The maximum drawdown for CBLS was -32.78%, occurring on Oct 5, 2023. Recovery took 932 trading sessions.

The maximum drawdown for QLVD was -28.19%, occurring on Mar 23, 2020. Recovery took 209 trading sessions.

The current CBLS drawdown is -4.60%. The current QLVD drawdown is -6.48%.

Rank	CBLS	QLVD
#1	-32.78% Apr 29, 2021 - Jan 14, 2025	-28.19% Feb 19, 2020 - Dec 15, 2020
#2	-15.27% Jan 22, 2025 - Jul 17, 2025	-23.97% Sep 3, 2021 - Mar 20, 2024
#3	-8.46% Jan 22, 2021 - Feb 5, 2021	-9.18% Sep 26, 2024 - Mar 5, 2025
#4	-8.15% Oct 16, 2025 - Jan 13, 2026	-8.14% Feb 27, 2026 - Mar 27, 2026
#5	-7.12% Feb 24, 2026 - Apr 14, 2026	-7.88% Mar 19, 2025 - Apr 15, 2025
#6	-6.17% Mar 15, 2021 - Apr 29, 2021	-5.29% Jan 8, 2021 - Apr 5, 2021
#7	-5.62% Feb 22, 2021 - Mar 15, 2021	-5.06% Mar 20, 2024 - May 15, 2024
#8	-4.62% Jul 31, 2025 - Oct 8, 2025	-4.15% Jul 18, 2019 - Sep 13, 2019
#9	-4.60% Jun 4, 2026 - Jun 5, 2026	-4.14% Jul 31, 2024 - Aug 15, 2024
#10	-4.43% May 13, 2026 - Jun 2, 2026	-3.89% Jul 23, 2025 - Aug 19, 2025
#11	-3.55% Apr 24, 2026 - May 6, 2026	-3.62% Jun 15, 2021 - Aug 11, 2021
#12	-2.48% May 6, 2026 - May 11, 2026	-3.57% Nov 12, 2025 - Dec 11, 2025
#13	-2.34% Oct 8, 2025 - Oct 15, 2025	-3.01% Sep 11, 2025 - Nov 12, 2025
#14	-2.32% Jan 29, 2026 - Feb 9, 2026	-2.85% Jun 6, 2024 - Jul 11, 2024
#15	-1.96% Feb 9, 2026 - Feb 23, 2026	-2.47% May 7, 2021 - May 18, 2021