DEEF vs. IDEV

Last updated Apr 1, 2026

Compare and contrast key facts about Xtrackers FTSE Developed ex US Multifactor ETF (DEEF) and iShares Core MSCI International Developed Markets ETF (IDEV).

DEEF and IDEV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DEEF is a passively managed fund by Deutsche Bank that tracks the performance of the FTSE Developed ex US Comprehensive Factor Net Tax (US RIC) Index. It was launched on Nov 24, 2015. IDEV is a passively managed fund by iShares that tracks the performance of the MSCI World ex USA Investable Market Index. It was launched on Mar 21, 2017. Both DEEF and IDEV 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

DEEF vs. IDEV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers FTSE Developed ex US Multifactor ETF (DEEF) and iShares Core MSCI International Developed Markets ETF (IDEV). The values are adjusted to include any dividend payments, if applicable.

DEEF vs. IDEV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DEEF Xtrackers FTSE Developed ex US Multifactor ETF	5.41%	32.36%	2.77%	16.99%	-16.94%	9.22%	7.90%	19.30%	-14.50%	20.18%
IDEV iShares Core MSCI International Developed Markets ETF	1.32%	32.56%	4.54%	17.36%	-14.99%	13.00%	8.32%	23.12%	-14.10%	17.29%

Returns By Period

In the year-to-date period, DEEF achieves a 5.41% return, which is significantly higher than IDEV's 1.32% return.

DEEF

• 1D: 2.85%
• 1M: -7.64%
• YTD: 5.41%
• 6M: 10.87%
• 1Y: 30.51%
• 3Y*: 16.25%
• 5Y*: 7.77%
• 10Y*: 7.98%

IDEV

• 1D: 3.16%
• 1M: -7.78%
• YTD: 1.32%
• 6M: 6.19%
• 1Y: 25.70%
• 3Y*: 15.12%
• 5Y*: 8.28%
• 10Y*: —

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

DEEF vs. IDEV - Expense Ratio Comparison

DEEF has a 0.24% expense ratio, which is higher than IDEV's 0.05% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

DEEF

Xtrackers FTSE Developed ex US Multifactor ETF

IDEV

iShares Core MSCI International Developed Markets ETF

Return for Risk

DEEF vs. IDEV — Risk / Return Rank

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

DEEF

DEEF Risk / Return Rank: 90
DEEF Sharpe Ratio Rank: 91
DEEF Sortino Ratio Rank: 91
DEEF Omega Ratio Rank: 92
DEEF Calmar Ratio Rank: 88
DEEF Martin Ratio Rank: 89

IDEV

IDEV Risk / Return Rank: 83
IDEV Sharpe Ratio Rank: 82
IDEV Sortino Ratio Rank: 83
IDEV Omega Ratio Rank: 83
IDEV Calmar Ratio Rank: 82
IDEV Martin Ratio Rank: 82

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.

DEEF vs. IDEV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers FTSE Developed ex US Multifactor ETF (DEEF) and iShares Core MSCI International Developed Markets ETF (IDEV). 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.

	DEEF	IDEV	Difference
Sharpe ratio Return per unit of total volatility	2.04	1.51	+0.53
Sortino ratio Return per unit of downside risk	2.70	2.11	+0.59
Omega ratio Gain probability vs. loss probability	1.41	1.31	+0.10
Calmar ratio Return relative to maximum drawdown	2.79	2.21	+0.58
Martin ratio Return relative to average drawdown	11.11	8.73	+2.38
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DEEF vs. IDEV - Sharpe Ratio Comparison

The current DEEF Sharpe Ratio is 2.04, which is higher than the IDEV Sharpe Ratio of 1.51. The chart below compares the historical Sharpe Ratios of DEEF and IDEV, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	DEEF	IDEV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.04	1.51	+0.53
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.53	0.52	+0.01
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.49	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.48	0.51	-0.03

Correlation

The correlation between DEEF and IDEV is 0.93, 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

DEEF vs. IDEV - Dividend Comparison

DEEF's dividend yield for the trailing twelve months is around 3.53%, more than IDEV's 3.36% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
DEEF Xtrackers FTSE Developed ex US Multifactor ETF	3.53%	3.63%	4.04%	3.96%	3.31%	3.84%	2.71%	3.74%	2.80%	2.61%	4.35%
IDEV iShares Core MSCI International Developed Markets ETF	3.36%	3.40%	3.30%	3.07%	2.69%	3.05%	2.00%	3.18%	3.16%	1.54%	0.00%

Drawdowns

DEEF vs. IDEV - Drawdown Comparison

The maximum DEEF drawdown since its inception was -36.48%, roughly equal to the maximum IDEV drawdown of -34.77%. Use the drawdown chart below to compare losses from any high point for DEEF and IDEV.

Drawdown Indicators

	DEEF	IDEV	Difference
Max Drawdown Largest peak-to-trough decline	-36.48%	-34.77%	-1.71%
Max Drawdown (1Y) Largest decline over 1 year	-10.64%	-11.20%	+0.56%
Max Drawdown (5Y) Largest decline over 5 years	-31.08%	-29.15%	-1.93%
Max Drawdown (10Y) Largest decline over 10 years	-36.48%	—	—
Current Drawdown Current decline from peak	-7.85%	-7.89%	+0.04%
Average Drawdown Average peak-to-trough decline	-7.15%	-6.64%	-0.51%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.67%	2.83%	-0.16%

Volatility

DEEF vs. IDEV - Volatility Comparison

Xtrackers FTSE Developed ex US Multifactor ETF (DEEF) and iShares Core MSCI International Developed Markets ETF (IDEV) have volatilities of 7.76% and 7.65%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DEEF	IDEV	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.76%	7.65%	+0.11%
Volatility (6M) Calculated over the trailing 6-month period	10.43%	10.90%	-0.47%
Volatility (1Y) Calculated over the trailing 1-year period	15.07%	17.11%	-2.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.87%	16.12%	-1.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.24%	17.26%	-1.02%