EFV vs. VTV

Last updated Jun 3, 2026

EFV (iShares MSCI EAFE Value ETF) and VTV (Vanguard Value ETF) are both exchange-traded funds - EFV is a Foreign Large Cap Equities fund tracking the MSCI EAFE Value Index, while VTV is a Large Cap Value Equities fund tracking the CRSP US Large Cap Value Index. Both are passively managed. Over the past 10 years, EFV returned 9.83%/yr vs 12.48%/yr for VTV. A 0.80 correlation means they provide meaningful diversification when combined. EFV charges 0.39%/yr vs 0.04%/yr for VTV.

Performance

EFV vs. VTV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI EAFE Value ETF (EFV) and Vanguard Value ETF (VTV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EFV achieves a 9.98% return, which is significantly lower than VTV's 12.28% return. Over the past 10 years, EFV has underperformed VTV with an annualized return of 9.83%, while VTV has yielded a comparatively higher 12.48% annualized return.

EFV

• 1D: 0.36%
• 1M: 1.53%
• YTD: 9.98%
• 6M: 14.03%
• 1Y: 27.68%
• 3Y*: 22.31%
• 5Y*: 12.40%
• 10Y*: 9.83%

VTV

• 1D: 0.88%
• 1M: 3.55%
• YTD: 12.28%
• 6M: 14.14%
• 1Y: 26.90%
• 3Y*: 18.27%
• 5Y*: 11.31%
• 10Y*: 12.48%

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

EFV vs. VTV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EFV iShares MSCI EAFE Value ETF	9.98%	42.22%	5.35%	18.85%	-5.22%	11.08%	-2.97%	15.80%	-14.67%	21.22%
VTV Vanguard Value ETF	12.28%	15.27%	15.95%	9.32%	-2.09%	26.53%	2.33%	25.66%	-5.47%	17.15%

Correlation

The correlation between EFV and VTV is 0.68, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.68
Correlation (3Y) Calculated over the trailing 3-year period	0.65
Correlation (5Y) Calculated over the trailing 5-year period	0.73
Correlation (10Y) Calculated over the trailing 10-year period	0.75
Correlation (All Time) Calculated using the full available price history since Aug 8, 2005	0.80

The correlation between EFV and VTV shifts across timeframes, from 0.65 (3 years) to 0.80 (all time), reflecting how their relationship changes across market environments.

EFV vs. VTV - Sectors Allocation Comparison

Sectors	EFV	VTV
Financial Services	36.9%	22.3%
Industrials	10.2%	14.0%
Consumer Defensive	8.3%	9.4%
Basic Materials	7.5%	3.1%
Healthcare	7.2%	14.5%
Energy	7.0%	8.1%
Utilities	5.9%	5.2%
Consumer Cyclical	4.8%	4.0%
Communication Services	4.4%	3.3%
Technology	4.3%	13.4%
Real Estate	2.5%	2.8%

Return for Risk

EFV vs. VTV — Risk / Return Rank

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

EFV

EFV Risk / Return Rank: 56
EFV Sharpe Ratio Rank: 57
EFV Sortino Ratio Rank: 56
EFV Omega Ratio Rank: 57
EFV Calmar Ratio Rank: 53
EFV Martin Ratio Rank: 56

VTV

VTV Risk / Return Rank: 81
VTV Sharpe Ratio Rank: 81
VTV Sortino Ratio Rank: 84
VTV Omega Ratio Rank: 79
VTV Calmar Ratio Rank: 81
VTV Martin Ratio Rank: 81

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.

EFV vs. VTV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI EAFE Value ETF (EFV) and Vanguard Value ETF (VTV). 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.

	EFV	VTV	Difference
Sharpe ratio Return per unit of total volatility	1.96	2.67	-0.71
Sortino ratio Return per unit of downside risk	2.71	3.82	-1.11
Omega ratio Gain probability vs. loss probability	1.35	1.48	-0.12
Calmar ratio Return relative to maximum drawdown	2.66	4.27	-1.61
Martin ratio Return relative to average drawdown	9.95	16.15	-6.20
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EFV vs. VTV - Sharpe Ratio Comparison

The current EFV Sharpe Ratio is 1.96, which is comparable to the VTV Sharpe Ratio of 2.67. The chart below compares the historical Sharpe Ratios of EFV and VTV, 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

	EFV	VTV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.96	2.67	-0.71
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.78	0.82	-0.04
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.55	0.75	-0.20
Sharpe Ratio (All Time) Calculated using the full available price history	0.27	0.51	-0.24

Drawdowns

EFV vs. VTV - Drawdown Comparison

The maximum EFV drawdown since its inception was -63.94%, which is greater than VTV's maximum drawdown of -59.27%. Use the drawdown chart below to compare losses from any high point for EFV and VTV.

Drawdown Indicators

	EFV	VTV	Difference
Max Drawdown Largest peak-to-trough decline	-63.94%	-59.27%	-4.67%
Max Drawdown (1Y) Largest decline over 1 year	-10.90%	-6.35%	-4.55%
Max Drawdown (3Y) Largest decline over 3 years	-13.72%	-14.52%	+0.80%
Max Drawdown (5Y) Largest decline over 5 years	-25.84%	-17.04%	-8.80%
Max Drawdown (10Y) Largest decline over 10 years	-43.16%	-36.78%	-6.38%
Current Drawdown Current decline from peak	-1.75%	0.00%	-1.75%
Average Drawdown Average peak-to-trough decline	-14.83%	-7.87%	-6.96%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.91%	1.68%	+1.23%

Volatility

EFV vs. VTV - Volatility Comparison

iShares MSCI EAFE Value ETF (EFV) has a higher volatility of 4.72% compared to Vanguard Value ETF (VTV) at 2.65%. This indicates that EFV's price experiences larger fluctuations and is considered to be riskier than VTV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EFV	VTV	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.72%	2.65%	+2.07%
Volatility (6M) Calculated over the trailing 6-month period	11.53%	7.59%	+3.94%
Volatility (1Y) Calculated over the trailing 1-year period	14.21%	10.11%	+4.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.96%	13.88%	+2.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.86%	16.67%	+1.19%

EFV vs. VTV - Expense Ratio Comparison

EFV has a 0.39% expense ratio, which is higher than VTV's 0.04% expense ratio.

Dividends

EFV vs. VTV - Dividend Comparison

EFV's dividend yield for the trailing twelve months is around 3.78%, more than VTV's 1.86% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EFV iShares MSCI EAFE Value ETF	3.78%	4.16%	4.66%	4.36%	4.17%	4.07%	2.42%	4.62%	4.56%	3.56%	3.28%	3.59%
VTV Vanguard Value ETF	1.86%	2.05%	2.31%	2.46%	2.52%	2.15%	2.56%	2.50%	2.73%	2.29%	2.44%	2.60%

Frequently Asked Questions

Can I hold both EFV and VTV in my portfolio?

EFV and VTV have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EFV or VTV?

EFV has higher volatility (4.72%) compared to VTV (2.65%). In terms of maximum drawdown, EFV dropped -63.94% vs VTV's -59.27%.

Which ETF is better, EFV or VTV?

On 10-year performance, VTV leads with 12.48% vs 9.83% for EFV. On fees, VTV is cheaper at 0.04% per year. On volatility, VTV has been the lower-risk option at 2.65%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, EFV or VTV?

Over the 10-year period, VTV has performed better with a 12.48% return vs 9.83%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, EFV or VTV?

VTV is cheaper with a 0.04% expense ratio, compared with 0.39% for EFV.

Which ETF pays a higher dividend yield, EFV or VTV?

EFV has the higher dividend yield at 3.78%, compared with 1.86% for VTV.

What is the main difference between EFV and VTV?

EFV is categorized as Foreign Large Cap Equities, while VTV is Large Cap Value Equities. EFV tracks MSCI EAFE Value Index, while VTV tracks CRSP US Large Cap Value Index. They also come from different issuers: iShares and Vanguard. Their fees differ too: 0.39% for EFV and 0.04% for VTV.

Which has better risk-adjusted returns?

VTV currently has the higher Sharpe Ratio (2.67 vs 1.96), 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.