DFIV vs. IDEV

Last updated Apr 1, 2026

Compare and contrast key facts about Dimensional International Value ETF (DFIV) and iShares Core MSCI International Developed Markets ETF (IDEV).

DFIV and IDEV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DFIV is an actively managed fund by Dimensional. It was launched on Apr 16, 1999. 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.

Performance

DFIV vs. IDEV - Performance Comparison

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

DFIV vs. IDEV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
DFIV Dimensional International Value ETF	5.98%	45.36%	7.26%	17.75%	-3.70%	0.08%
IDEV iShares Core MSCI International Developed Markets ETF	1.32%	32.56%	4.54%	17.36%	-14.99%	-1.78%

Returns By Period

In the year-to-date period, DFIV achieves a 5.98% return, which is significantly higher than IDEV's 1.32% return.

DFIV

• 1D: 2.74%
• 1M: -5.65%
• YTD: 5.98%
• 6M: 15.53%
• 1Y: 38.38%
• 3Y*: 22.24%
• 5Y*: —
• 10Y*: —

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)

DFIV vs. IDEV - Expense Ratio Comparison

DFIV has a 0.27% 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%.

DFIV

Dimensional International Value ETF

IDEV

iShares Core MSCI International Developed Markets ETF

Return for Risk

DFIV vs. IDEV — Risk / Return Rank

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

DFIV

DFIV Risk / Return Rank: 94
DFIV Sharpe Ratio Rank: 94
DFIV Sortino Ratio Rank: 95
DFIV Omega Ratio Rank: 95
DFIV Calmar Ratio Rank: 91
DFIV Martin Ratio Rank: 94

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.

DFIV vs. IDEV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dimensional International Value ETF (DFIV) 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.

	DFIV	IDEV	Difference
Sharpe ratio Return per unit of total volatility	2.25	1.51	+0.74
Sortino ratio Return per unit of downside risk	2.94	2.11	+0.83
Omega ratio Gain probability vs. loss probability	1.46	1.31	+0.15
Calmar ratio Return relative to maximum drawdown	3.08	2.21	+0.87
Martin ratio Return relative to average drawdown	13.72	8.73	+4.99
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DFIV vs. IDEV - Sharpe Ratio Comparison

The current DFIV Sharpe Ratio is 2.25, which is higher than the IDEV Sharpe Ratio of 1.51. The chart below compares the historical Sharpe Ratios of DFIV 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

	DFIV	IDEV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.25	1.51	+0.74
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.52	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.89	0.51	+0.38

Correlation

The correlation between DFIV and IDEV is 0.94, 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

DFIV vs. IDEV - Dividend Comparison

DFIV's dividend yield for the trailing twelve months is around 2.69%, less than IDEV's 3.36% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
DFIV Dimensional International Value ETF	2.69%	2.92%	3.88%	3.93%	3.84%	2.30%	0.00%	0.00%	0.00%	0.00%
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%

Drawdowns

DFIV vs. IDEV - Drawdown Comparison

The maximum DFIV drawdown since its inception was -25.42%, smaller than the maximum IDEV drawdown of -34.77%. Use the drawdown chart below to compare losses from any high point for DFIV and IDEV.

Drawdown Indicators

	DFIV	IDEV	Difference
Max Drawdown Largest peak-to-trough decline	-25.42%	-34.77%	+9.35%
Max Drawdown (1Y) Largest decline over 1 year	-12.12%	-11.20%	-0.92%
Max Drawdown (5Y) Largest decline over 5 years	—	-29.15%	—
Current Drawdown Current decline from peak	-5.95%	-7.89%	+1.94%
Average Drawdown Average peak-to-trough decline	-4.58%	-6.64%	+2.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.72%	2.83%	-0.11%

Volatility

DFIV vs. IDEV - Volatility Comparison

The current volatility for Dimensional International Value ETF (DFIV) is 6.81%, while iShares Core MSCI International Developed Markets ETF (IDEV) has a volatility of 7.65%. This indicates that DFIV experiences smaller price fluctuations and is considered to be less risky than IDEV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DFIV	IDEV	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.81%	7.65%	-0.84%
Volatility (6M) Calculated over the trailing 6-month period	10.46%	10.90%	-0.44%
Volatility (1Y) Calculated over the trailing 1-year period	17.16%	17.11%	+0.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.71%	16.12%	+0.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.71%	17.26%	-0.55%