USTB vs QDF

Comparison between VICTORYSHARES SHORT-TERM BOND ETF FORMERLY VICTORYSHARES USAA CORE SHORT-TERM BOND ETF VICTORYSHARES SHORT-TERM BOND ETF (USTB, ETF) and FLEXSHARES QUALITY DIVIDEND INDEX FUND (QDF, ETF).

5-Year PerformanceQDF has outperformed USTB, delivering a return of +11.2% compared to +3.5%

USTB vs QDF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	USTB(ETF)	QDF(ETF)
Net Assets	$2B	$2B
Expense Ratio	0.34%	0.39%
Max Drawdown	7.56%	37.16%
Sharpe Ratio	0.98	2.01
5Y Beta	0.01	0.88
P/E Ratio	N/A	22.17
Forward P/E	N/A	17.20
PEG Ratio	N/A	0.18
5Y Dividends CAGR	15.32%	1.72%
5Y EPS CAGR	N/A	23.14%
Debt to Equity	N/A	-64.16%
P/S Ratio	N/A	3.68
P/B Ratio	N/A	4.73

Net Assets

USTB

$2B

QDF

$2B

Expense Ratio

Winner

USTB

0.34%

QDF

0.39%

Max Drawdown

Winner

USTB

7.56%

QDF

37.16%

Sharpe Ratio

USTB

0.98

Winner

QDF

2.01

5Y Beta

Winner

USTB

0.01

QDF

0.88

P/E Ratio

USTB

N/A

QDF

22.17

Forward P/E

USTB

N/A

QDF

17.20

PEG Ratio

USTB

N/A

QDF

0.18

5Y Dividends CAGR

Winner

USTB

15.32%

QDF

1.72%

5Y EPS CAGR

USTB

N/A

QDF

23.14%

Debt to Equity

USTB

N/A

QDF

-64.16%

P/S Ratio

USTB

N/A

QDF

3.68

P/B Ratio

USTB

N/A

QDF

4.73

USTB vs QDF - Historical Returns

Returns include dividend reinvestment.

Period	USTB	QDF
1 month	+0.50%	+6.30%
3 months	+0.54%	+4.04%
6 months	+1.81%	+10.70%
1 year	+5.06%	+30.52%
5 years(CAGR)	+3.50%	+11.20%
10 years(CAGR)	+3.47%	+12.14%
Max(CAGR)	+3.47%	+12.53%

USTB

+0.50%

Winner

QDF

+6.30%

USTB

+0.54%

Winner

QDF

+4.04%

USTB

+1.81%

Winner

QDF

+10.70%

USTB

+5.06%

Winner

QDF

+30.52%

5Y(CAGR)

USTB

+3.50%

Winner

QDF

+11.20%

10Y(CAGR)

USTB

+3.47%

Winner

QDF

+12.14%

Max(CAGR)

USTB

+3.47%

Winner

QDF

+12.53%

USTB vs QDF - Annual Returns (2012 - 2026)

Returns include dividend reinvestment.

Year	USTB	QDF
2026	+1.07%	+7.12%
2025	+6.13%	+16.90%
2024	+6.81%	+17.35%
2023	+6.57%	+20.23%
2022	-2.72%	-12.32%
2021	+0.89%	+28.22%
2020	+5.00%	+4.57%
2019	+4.99%	+25.67%
2018	+1.12%	-8.42%
2017	+0.35%	+16.35%
2016	N/A	+18.28%
2015	N/A	-0.87%
2014	N/A	+12.97%
2013	N/A	+33.51%
2012	N/A	-1.59%

USTB vs QDF Drawdown Comparison

The maximum drawdown for USTB was -5.32%, occurring on Mar 24, 2020. Recovery took 65 trading sessions.

The maximum drawdown for QDF was -36.64%, occurring on Mar 23, 2020. Recovery took 203 trading sessions.

The current QDF drawdown is -0.44%.

Rank	USTB	QDF
#1	-5.32% Mar 4, 2020 - Jun 5, 2020	-36.64% Feb 12, 2020 - Dec 1, 2020
#2	-4.96% Sep 9, 2021 - Jul 13, 2023	-22.06% Jan 4, 2022 - Jul 19, 2023
#3	-1.02% Aug 30, 2023 - Nov 3, 2023	-19.87% Sep 21, 2018 - Oct 21, 2019
#4	-0.84% Feb 27, 2026 - May 1, 2026	-18.01% Dec 2, 2024 - Jun 27, 2025
#5	-0.81% Dec 29, 2017 - Aug 6, 2018	-13.20% May 21, 2015 - Apr 13, 2016
#6	-0.68% Sep 27, 2024 - Dec 3, 2024	-10.62% Jan 26, 2018 - Aug 21, 2018
#7	-0.67% Jul 13, 2023 - Aug 4, 2023	-10.52% Jul 31, 2023 - Dec 11, 2023
#8	-0.65% Apr 3, 2025 - Apr 28, 2025	-7.89% Feb 25, 2026 - Apr 17, 2026
#9	-0.62% Sep 4, 2019 - Oct 2, 2019	-6.90% Sep 18, 2014 - Oct 31, 2014
#10	-0.48% Apr 4, 2024 - May 2, 2024	-6.04% Dec 31, 2013 - Feb 28, 2014
#11	-0.46% Jan 31, 2024 - Mar 1, 2024	-5.75% Jul 16, 2024 - Aug 19, 2024
#12	-0.43% Aug 8, 2023 - Aug 25, 2023	-5.75% Mar 28, 2024 - May 15, 2024
#13	-0.40% Sep 21, 2018 - Nov 16, 2018	-5.22% Aug 2, 2013 - Oct 17, 2013
#14	-0.40% Oct 4, 2019 - Nov 22, 2019	-5.18% Jun 23, 2016 - Jul 8, 2016
#15	-0.38% Aug 2, 2024 - Aug 21, 2024	-5.05% May 21, 2013 - Jul 9, 2013

Correlation

Correlation between USTB and QDF is 0.96 which considered as a very strong positive correlation - the stocks move almost identically together.

0.96

-101

Dividend Comparison (2012 - 2026)

USTB vs QDF dividend yield comparison.

Year	USTB	QDF
2026	1.56%	0.23%
2025	4.63%	1.65%
2024	5.05%	1.93%
2023	4.49%	2.19%
2022	2.54%	2.45%
2021	1.84%	1.90%
2020	2.59%	2.38%
2019	2.69%	3.05%
2018	2.32%	4.29%
2017	0.43%	2.70%
2016	0.00%	3.07%
2015	0.00%	3.04%
2014	0.00%	2.70%
2013	0.00%	2.08%
2012	0.00%	0.49%