DIVI vs. IDEV

Last updated Jun 4, 2026

DIVI (Franklin International Core Dividend Tilt Index ETF) and IDEV (iShares Core MSCI International Developed Markets ETF) are both Foreign Large Cap Equities funds. DIVI is actively managed, while IDEV is passively managed. Over the past 5 years, DIVI returned 13.44%/yr vs 8.48%/yr for IDEV. Their correlation of 0.87 suggests significant overlap in exposure. DIVI charges 0.09%/yr vs 0.05%/yr for IDEV.

Performance

DIVI vs. IDEV - Performance Comparison

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

Returns By Period

In the year-to-date period, DIVI achieves a 10.89% return, which is significantly higher than IDEV's 8.92% return.

DIVI

• 1D: -0.76%
• 1M: 3.56%
• YTD: 10.89%
• 6M: 13.56%
• 1Y: 26.77%
• 3Y*: 18.22%
• 5Y*: 13.44%
• 10Y*: —

IDEV

• 1D: -0.90%
• 1M: 3.23%
• YTD: 8.92%
• 6M: 11.57%
• 1Y: 23.20%
• 3Y*: 17.40%
• 5Y*: 8.48%
• 10Y*: —

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

DIVI vs. IDEV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DIVI Franklin International Core Dividend Tilt Index ETF	10.89%	34.86%	1.77%	18.97%	-1.21%	16.95%	1.29%	22.98%	-6.73%	8.94%
IDEV iShares Core MSCI International Developed Markets ETF	8.92%	32.56%	4.54%	17.36%	-14.99%	13.00%	8.32%	23.12%	-14.10%	17.29%

Correlation

The correlation between DIVI and IDEV is 0.97 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.97
Correlation (3Y) Calculated over the trailing 3-year period	0.97
Correlation (5Y) Calculated over the trailing 5-year period	0.96
Correlation (All Time) Calculated using the full available price history since Mar 24, 2017	0.87

The correlation between DIVI and IDEV shifts across timeframes, from 0.87 (all time) to 0.97 (3 years), reflecting how their relationship changes across market environments.

DIVI vs. IDEV - Sectors Allocation Comparison

Sectors	DIVI	IDEV
Financial Services	27.3%	24.2%
Industrials	17.2%	19.1%
Technology	10.2%	9.9%
Healthcare	9.1%	8.6%
Consumer Cyclical	7.1%	7.7%
Consumer Defensive	6.8%	6.0%
Basic Materials	5.6%	8.0%
Communication Services	5.0%	4.0%
Utilities	4.9%	3.7%
Energy	4.4%	5.9%
Real Estate	2.3%	2.9%

Return for Risk

DIVI vs. IDEV — Risk / Return Rank

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

DIVI

DIVI Risk / Return Rank: 52
DIVI Sharpe Ratio Rank: 52
DIVI Sortino Ratio Rank: 51
DIVI Omega Ratio Rank: 50
DIVI Calmar Ratio Rank: 51
DIVI Martin Ratio Rank: 56

IDEV

IDEV Risk / Return Rank: 45
IDEV Sharpe Ratio Rank: 45
IDEV Sortino Ratio Rank: 45
IDEV Omega Ratio Rank: 44
IDEV Calmar Ratio Rank: 41
IDEV Martin Ratio Rank: 48

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.

DIVI vs. IDEV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin International Core Dividend Tilt Index ETF (DIVI) 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.

	DIVI	IDEV	Difference
Sharpe ratio Return per unit of total volatility	1.82	1.61	+0.21
Sortino ratio Return per unit of downside risk	2.54	2.29	+0.25
Omega ratio Gain probability vs. loss probability	1.32	1.29	+0.03
Calmar ratio Return relative to maximum drawdown	2.55	2.08	+0.47
Martin ratio Return relative to average drawdown	9.83	8.16	+1.67
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DIVI vs. IDEV - Sharpe Ratio Comparison

The current DIVI Sharpe Ratio is 1.82, which is comparable to the IDEV Sharpe Ratio of 1.61. The chart below compares the historical Sharpe Ratios of DIVI and IDEV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	DIVI	IDEV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.82	1.61	+0.21
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.88	0.52	+0.36
Sharpe Ratio (All Time) Calculated using the full available price history	0.67	0.55	+0.12

Drawdowns

DIVI vs. IDEV - Drawdown Comparison

The maximum DIVI drawdown since its inception was -27.76%, smaller than the maximum IDEV drawdown of -34.77%. Use the drawdown chart below to compare losses from any high point for DIVI and IDEV.

Drawdown Indicators

	DIVI	IDEV	Difference
Max Drawdown Largest peak-to-trough decline	-27.76%	-34.77%	+7.01%
Max Drawdown (1Y) Largest decline over 1 year	-10.54%	-11.20%	+0.66%
Max Drawdown (3Y) Largest decline over 3 years	-14.58%	-13.41%	-1.17%
Max Drawdown (5Y) Largest decline over 5 years	-18.53%	-29.15%	+10.62%
Max Drawdown (10Y) Largest decline over 10 years	-27.76%	—	—
Current Drawdown Current decline from peak	-1.01%	-0.98%	-0.03%
Average Drawdown Average peak-to-trough decline	-3.63%	-6.57%	+2.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.73%	2.85%	-0.12%

Volatility

DIVI vs. IDEV - Volatility Comparison

Franklin International Core Dividend Tilt Index ETF (DIVI) has a higher volatility of 5.11% compared to iShares Core MSCI International Developed Markets ETF (IDEV) at 4.60%. This indicates that DIVI's price experiences larger fluctuations and is considered to be riskier than IDEV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DIVI	IDEV	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.11%	4.60%	+0.51%
Volatility (6M) Calculated over the trailing 6-month period	12.18%	12.10%	+0.08%
Volatility (1Y) Calculated over the trailing 1-year period	14.84%	14.51%	+0.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.30%	16.26%	-0.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.46%	17.27%	-0.81%

DIVI vs. IDEV - Expense Ratio Comparison

DIVI has a 0.09% 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%.

Dividends

DIVI vs. IDEV - Dividend Comparison

DIVI's dividend yield for the trailing twelve months is around 3.53%, more than IDEV's 3.13% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
DIVI Franklin International Core Dividend Tilt Index ETF	3.53%	3.76%	4.39%	3.17%	6.03%	2.77%	8.04%	1.61%	5.67%	5.22%	11.56%
IDEV iShares Core MSCI International Developed Markets ETF	3.13%	3.40%	3.30%	3.07%	2.69%	3.05%	2.00%	3.18%	3.16%	1.54%	0.00%

Frequently Asked Questions

Can I hold both DIVI and IDEV in my portfolio?

With a correlation of 0.97, DIVI and IDEV move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, DIVI or IDEV?

DIVI has higher volatility (5.11%) compared to IDEV (4.60%). In terms of maximum drawdown, DIVI dropped -27.76% vs IDEV's -34.77%.

Which ETF is better, DIVI or IDEV?

On 5-year performance, DIVI leads with 13.44% vs 8.48% for IDEV. On fees, IDEV is cheaper at 0.05% per year. On volatility, IDEV has been the lower-risk option at 4.60%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DIVI or IDEV?

Over the 5-year period, DIVI has performed better with a 13.44% return vs 8.48%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DIVI or IDEV?

IDEV is cheaper with a 0.05% expense ratio, compared with 0.09% for DIVI.

Which ETF pays a higher dividend yield, DIVI or IDEV?

DIVI has the higher dividend yield at 3.53%, compared with 3.13% for IDEV.

What is the main difference between DIVI and IDEV?

They also come from different issuers: Franklin Templeton and iShares. Their fees differ too: 0.09% for DIVI and 0.05% for IDEV.

Which has better risk-adjusted returns?

DIVI currently has the higher Sharpe Ratio (1.81 vs 1.61), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.