QLVE vs SETH

Comparison between FLEXSHARES EMERGING MARKETS QUALITY LOW VOLATILITY INDEX FUND (QLVE, ETF) and ProShares Short Ether ETF (SETH, ETF).

QLVE vs SETH - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	QLVE(ETF)	SETH(ETF)
Net Assets	$16M	$16M
Expense Ratio	0.18%	0.95%
Max Drawdown	29.99%	81.90%
Sharpe Ratio	1.22	0.45
5Y Beta	0.59	-2.10
5Y Dividends CAGR	15.98%	N/A

Net Assets

QLVE

$16M

Winner

SETH

$16M

Expense Ratio

Winner

QLVE

0.18%

SETH

0.95%

Max Drawdown

Winner

QLVE

29.99%

SETH

81.90%

Sharpe Ratio

Winner

QLVE

1.22

SETH

0.45

5Y Beta

QLVE

0.59

Winner

SETH

-2.10

5Y Dividends CAGR

QLVE

15.98%

SETH

N/A

QLVE vs SETH - Historical Returns

Returns include dividend reinvestment.

Period	QLVE	SETH
1 month	-0.62%	+47.19%
3 months	+8.44%	+26.02%
6 months	+12.50%	+59.53%
1 year	+25.62%	+7.21%
5 years(CAGR)	+6.14%	N/A
Max(CAGR)	+6.60%	-27.32%

QLVE

-0.62%

Winner

SETH

+47.19%

QLVE

+8.44%

Winner

SETH

+26.02%

QLVE

+12.50%

Winner

SETH

+59.53%

Winner

QLVE

+25.62%

SETH

+7.21%

5Y(CAGR)

QLVE

+6.14%

SETH

N/A

Max(CAGR)

Winner

QLVE

+6.60%

SETH

-27.32%

QLVE vs SETH - Annual Returns (2019 - 2026)

Returns include dividend reinvestment.

Year	QLVE	SETH
2026	+9.18%	+67.90%
2025	+21.64%	-26.97%
2024	+10.57%	-48.29%
2023	+8.52%	-22.80%
2022	-13.52%	N/A
2021	+0.80%	N/A
2020	+2.85%	N/A
2019	+4.97%	N/A

QLVE vs SETH Drawdown Comparison

The maximum drawdown for QLVE was -29.96%, occurring on Mar 23, 2020. Recovery took 222 trading sessions.

The maximum drawdown for SETH was -80.73%, occurring on Oct 6, 2025. This drawdown has not yet recovered.

The current QLVE drawdown is -7.05%. The current SETH drawdown is -56.25%.

Rank	QLVE	SETH
#1	-29.96% Jan 13, 2020 - Nov 27, 2020	-80.73% Nov 2, 2023 - Oct 6, 2025
#2	-25.82% Feb 17, 2021 - Sep 19, 2024	N/A
#3	-13.30% Sep 26, 2024 - Jun 9, 2025	N/A
#4	-11.60% Feb 25, 2026 - May 5, 2026	N/A
#5	-7.27% Jul 18, 2019 - Oct 28, 2019	N/A
#6	-7.05% Jun 2, 2026 - Jun 5, 2026	N/A
#7	-4.49% Jan 21, 2021 - Feb 11, 2021	N/A
#8	-3.87% May 8, 2026 - May 28, 2026	N/A
#9	-3.72% Nov 7, 2019 - Dec 16, 2019	N/A
#10	-3.69% Oct 29, 2025 - Jan 2, 2026	N/A
#11	-3.28% Oct 6, 2025 - Oct 16, 2025	N/A
#12	-3.18% Jan 26, 2026 - Jan 28, 2026	N/A
#13	-2.42% Jul 23, 2025 - Aug 12, 2025	N/A
#14	-2.36% Jan 28, 2026 - Feb 9, 2026	N/A
#15	-2.18% Nov 27, 2020 - Dec 3, 2020	N/A

Correlation

Correlation between QLVE and SETH is -0.66 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.66

-101