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CIE.NEO vs. DFIV
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

CIE.NEO vs. DFIV - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in iShares International Fundamental Common Class (CIE.NEO) and Dimensional International Value ETF (DFIV). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

CIE.NEO is traded in CAD, while DFIV is traded in USD. To make them comparable, the DFIV values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, CIE.NEO achieves a 17.83% return, which is significantly higher than DFIV's 12.96% return.


CIE.NEO

1D
-0.39%
1M
6.26%
YTD
17.83%
6M
19.92%
1Y
39.49%
3Y*
25.09%
5Y*
15.50%
10Y*
11.89%

DFIV

1D
-0.29%
1M
4.61%
YTD
12.96%
6M
14.97%
1Y
36.62%
3Y*
25.34%
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

CIE.NEO vs. DFIV - Yearly Performance Comparison


2026 (YTD)20252024202320222021
CIE.NEO
iShares International Fundamental Common Class
17.83%34.92%12.83%15.59%-2.83%0.32%
DFIV
Dimensional International Value ETF
12.96%38.69%16.47%15.15%3.17%0.06%

Correlation

The correlation between CIE.NEO and DFIV is 0.80, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.80

Correlation (3Y)
Calculated over the trailing 3-year period

0.79

Correlation (All Time)
Calculated using the full available price history since Sep 14, 2021

0.77

The correlation between CIE.NEO and DFIV has been stable across timeframes, ranging from 0.77 to 0.80 - a consistent structural relationship.

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Return for Risk

CIE.NEO vs. DFIV — Risk / Return Rank

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

CIE.NEO
CIE.NEO Risk / Return Rank: 8282
Overall Rank
CIE.NEO Sharpe Ratio Rank: 8686
Sharpe Ratio Rank
CIE.NEO Sortino Ratio Rank: 8686
Sortino Ratio Rank
CIE.NEO Omega Ratio Rank: 8787
Omega Ratio Rank
CIE.NEO Calmar Ratio Rank: 7272
Calmar Ratio Rank
CIE.NEO Martin Ratio Rank: 7777
Martin Ratio Rank

DFIV
DFIV Risk / Return Rank: 7575
Overall Rank
DFIV Sharpe Ratio Rank: 7777
Sharpe Ratio Rank
DFIV Sortino Ratio Rank: 7676
Sortino Ratio Rank
DFIV Omega Ratio Rank: 7575
Omega Ratio Rank
DFIV Calmar Ratio Rank: 7171
Calmar Ratio Rank
DFIV Martin Ratio Rank: 7373
Martin Ratio Rank
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.

CIE.NEO vs. DFIV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares International Fundamental Common Class (CIE.NEO) and Dimensional International Value ETF (DFIV). 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.


CIE.NEODFIVDifference
Sharpe ratioReturn per unit of total volatility

-0.07

Sortino ratioReturn per unit of downside risk

-0.01

Omega ratioGain probability vs. loss probability

1.54

1.53

+0.01

Calmar ratioReturn relative to maximum drawdown

3.57

3.93

-0.36

Martin ratioReturn relative to average drawdown

14.78

16.08

-1.30

CIE.NEO vs. DFIV - Sharpe Ratio Comparison

The current CIE.NEO Sharpe Ratio is 2.85, which is comparable to the DFIV Sharpe Ratio of 2.91. The chart below compares the historical Sharpe Ratios of CIE.NEO and DFIV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Sharpe Ratios by Period


CIE.NEODFIVDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.85

2.91

-0.07

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

1.13

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.66

Sharpe Ratio (All Time)

Calculated using the full available price history

0.44

1.32

-0.88

Drawdowns

CIE.NEO vs. DFIV - Drawdown Comparison

The maximum CIE.NEO drawdown since its inception was -40.08%, which is greater than DFIV's maximum drawdown of -19.20%. Use the drawdown chart below to compare losses from any high point for CIE.NEO and DFIV.


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Drawdown Indicators


CIE.NEODFIVDifference

Max Drawdown

Largest peak-to-trough decline

-40.08%

-19.20%

-20.88%

Max Drawdown (1Y)

Largest decline over 1 year

-11.10%

-9.36%

-1.74%

Max Drawdown (3Y)

Largest decline over 3 years

-15.44%

-15.09%

-0.35%

Max Drawdown (5Y)

Largest decline over 5 years

-20.55%

Max Drawdown (10Y)

Largest decline over 10 years

-40.08%

Current Drawdown

Current decline from peak

-0.39%

-0.29%

-0.10%

Average Drawdown

Average peak-to-trough decline

-7.13%

-3.26%

-3.87%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.68%

2.28%

+0.40%

Volatility

CIE.NEO vs. DFIV - Volatility Comparison

iShares International Fundamental Common Class (CIE.NEO) has a higher volatility of 4.85% compared to Dimensional International Value ETF (DFIV) at 3.71%. This indicates that CIE.NEO's price experiences larger fluctuations and is considered to be riskier than DFIV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


CIE.NEODFIVDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.85%

3.71%

+1.14%

Volatility (6M)

Calculated over the trailing 6-month period

11.56%

10.28%

+1.28%

Volatility (1Y)

Calculated over the trailing 1-year period

13.95%

12.66%

+1.29%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.85%

13.55%

+0.30%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.19%

13.55%

+4.64%

CIE.NEO vs. DFIV - Expense Ratio Comparison

CIE.NEO has a 0.73% expense ratio, which is higher than DFIV's 0.27% expense ratio.


Dividends

CIE.NEO vs. DFIV - Dividend Comparison

CIE.NEO's dividend yield for the trailing twelve months is around 2.12%, less than DFIV's 2.55% yield.


PositionTTM20252024202320222021202020192018201720162015
CIE.NEO
iShares International Fundamental Common Class
2.12%2.53%2.82%3.08%3.32%2.89%2.15%3.63%3.12%2.67%2.80%2.44%
DFIV
Dimensional International Value ETF
2.55%2.92%3.88%3.93%3.84%2.30%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions


CIE.NEO and DFIV have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, DFIV is cheaper at 0.27% per year. The better choice depends on whether you care most about return, fees, risk, or income.

DFIV is cheaper with a 0.27% expense ratio, compared with 0.73% for CIE.NEO.

CIE.NEO is categorized as Global Equities, while DFIV is Foreign Large Cap Equities. They also come from different issuers: iShares and Dimensional. Their fees differ too: 0.73% for CIE.NEO and 0.27% for DFIV.

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