EQIN vs. ILCV

Last updated Aug 2, 2026

EQIN (Columbia U.S. Equity Income ETF) and ILCV (iShares Morningstar Value ETF) are both exchange-traded funds - EQIN is a Dividend fund actively managed by Columbia, while ILCV is a Large Cap Value Equities fund tracking the Morningstar US Large-Mid Cap Broad Value Index. EQIN is actively managed, while ILCV is passively managed. Over the past 10 years, EQIN returned 12.18%/yr vs 11.90%/yr for ILCV. Their correlation of 0.80 means they have usually moved in the same direction. EQIN charges 0.35%/yr vs 0.04%/yr for ILCV.

Performance

EQIN vs. ILCV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Columbia U.S. Equity Income ETF (EQIN) and iShares Morningstar Value ETF (ILCV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with EQIN having a 12.56% return and ILCV slightly lower at 12.42%. Both investments have delivered pretty close results over the past 10 years, with EQIN having a 12.18% annualized return and ILCV not far behind at 11.90%.

EQIN

• 1D: 0.14%
• 1M: 1.17%
• 6M: 7.74%
• YTD: 12.56%
• 1Y: 22.31%
• 3Y*: 13.29%
• 5Y*: 11.15%
• 10Y*: 12.18%
• ALL TIME*: 12.52%

ILCV

• 1D: 0.30%
• 1M: 2.03%
• 6M: 10.11%
• YTD: 12.42%
• 1Y: 29.26%
• 3Y*: 17.48%
• 5Y*: 12.42%
• 10Y*: 11.90%
• ALL TIME*: 8.73%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
EQIN Columbia U.S. Equity Income ETF	$544.80K	$711.69K	$787.66K
ILCV iShares Morningstar Value ETF	$1.89M	$2.26M	$2.59M

EQIN vs. ILCV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EQIN Columbia U.S. Equity Income ETF	12.56%	9.37%	13.82%	11.58%	0.66%	31.18%	0.67%	30.67%	-12.22%	20.05%
ILCV iShares Morningstar Value ETF	12.42%	18.79%	17.03%	14.43%	-7.02%	26.71%	-0.84%	25.19%	-6.24%	15.00%

Correlation

The correlation between EQIN and ILCV is 0.75, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.75
Correlation (3Y) Balances recent behavior with more history.	0.88
Correlation (5Y) Shows whether the relationship held over a longer period.	0.91
Correlation (10Y) Provides a long-term view across more market conditions.	0.81
Correlation (All Time) Calculated using the full available price history since Jun 17, 2016	0.80

The correlation between EQIN and ILCV shifts across timeframes, from 0.75 (1 year) to 0.91 (5 years), reflecting how their relationship changes across market environments.

EQIN vs. ILCV - Sectors Allocation Comparison

Sectors	EQIN	ILCV
Financial Services	28.9%	18.3%
Energy	12.5%	5.5%
Industrials	10.5%	6.8%
Technology	10.3%	22.6%
Consumer Defensive	10.1%	7.3%
Consumer Cyclical	8.6%	9.6%
Healthcare	7.3%	12.6%
Communication Services	5.7%	9.9%
Utilities	4.3%	3.4%
Basic Materials	1.9%	2.1%
Real Estate	-	1.9%

Return for Risk

EQIN vs. ILCV — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

EQIN

EQIN Risk / Return Rank: 87
EQIN Sharpe Ratio Rank: 86
EQIN Sortino Ratio Rank: 88
EQIN Omega Ratio Rank: 83
EQIN Calmar Ratio Rank: 91
EQIN Martin Ratio Rank: 85

ILCV

ILCV Risk / Return Rank: 94
ILCV Sharpe Ratio Rank: 95
ILCV Sortino Ratio Rank: 95
ILCV Omega Ratio Rank: 94
ILCV Calmar Ratio Rank: 92
ILCV Martin Ratio Rank: 94

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

EQIN vs. ILCV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Columbia U.S. Equity Income ETF (EQIN) and iShares Morningstar Value ETF (ILCV). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	EQIN	ILCV	Difference
Sharpe ratio: Return per unit of total volatility	2.05	2.75	-0.70
Sortino ratio: Return per unit of downside risk	3.01	3.86	-0.85
Omega ratio: Gain probability vs. loss probability	1.36	1.50	-0.14
Calmar ratio: Return relative to maximum drawdown	3.96	4.22	-0.25
Martin ratio: Return relative to average drawdown	12.26	17.65	-5.40

EQIN vs. ILCV - Sharpe Ratio Comparison

The current EQIN Sharpe Ratio is 2.05, which is comparable to the ILCV Sharpe Ratio of 2.75. The chart below compares the historical Sharpe Ratios of EQIN and ILCV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

EQIN vs. ILCV - Drawdown Comparison

The maximum EQIN drawdown since its inception was -42.16%, smaller than the maximum ILCV drawdown of -58.63%. Use the drawdown chart below to compare losses from any high point for EQIN and ILCV.

Drawdown Indicators

	EQIN	ILCV	Difference
Max Drawdown Largest peak-to-trough decline	-42.16%	-58.63%	+16.47%
Max Drawdown (1Y) Largest decline over 1 year	-5.41%	-6.55%	+1.14%
Max Drawdown (3Y) Largest decline over 3 years	-12.05%	-14.95%	+2.90%
Max Drawdown (5Y) Largest decline over 5 years	-18.51%	-18.58%	+0.07%
Max Drawdown (10Y) Largest decline over 10 years	-42.16%	-35.53%	-6.63%
Current Drawdown Current decline from peak	-1.50%	0.00%	-1.50%
Average Drawdown Average peak-to-trough decline	-4.83%	-9.26%	+4.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.75%	1.56%	+0.19%

Volatility

EQIN vs. ILCV - Volatility Comparison

Columbia U.S. Equity Income ETF (EQIN) has a higher volatility of 3.33% compared to iShares Morningstar Value ETF (ILCV) at 2.91%. This indicates that EQIN's price experiences larger fluctuations and is considered to be riskier than ILCV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EQIN	ILCV	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.33%	2.91%	+0.42%
Volatility (6M) Calculated over the trailing 6-month period	7.32%	7.33%	-0.01%
Volatility (1Y) Calculated over the trailing 1-year period	10.55%	10.09%	+0.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.52%	14.16%	+0.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.47%	16.63%	+1.84%

EQIN vs. ILCV - Expense Ratio Comparison

EQIN has a 0.35% expense ratio, which is higher than ILCV's 0.04% expense ratio.

Dividends

EQIN vs. ILCV - Dividend Comparison

EQIN's dividend yield for the trailing twelve months is around 1.86%, more than ILCV's 1.55% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EQIN Columbia U.S. Equity Income ETF	1.86%	2.05%	4.34%	2.41%	2.71%	2.57%	2.54%	2.70%	7.81%	11.52%	2.44%	0.00%
ILCV iShares Morningstar Value ETF	1.55%	1.77%	1.99%	2.27%	2.32%	2.01%	2.96%	2.70%	2.93%	2.32%	2.76%	3.01%

Frequently Asked Questions

Can I hold both EQIN and ILCV in my portfolio?

EQIN and ILCV have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EQIN or ILCV?

EQIN has higher volatility (3.33%) compared to ILCV (2.91%). In terms of maximum drawdown, EQIN dropped -42.16% vs ILCV's -58.63%.

Which ETF is better, EQIN or ILCV?

On 10-year performance, EQIN leads with 12.18% vs 11.90% for ILCV. On fees, ILCV is cheaper at 0.04% per year. On volatility, ILCV has been the lower-risk option at 2.91%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, EQIN or ILCV?

Over the 10-year period, EQIN has performed better with a 12.18% return vs 11.90%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, EQIN or ILCV?

ILCV is cheaper with a 0.04% expense ratio, compared with 0.35% for EQIN.

Which ETF pays a higher dividend yield, EQIN or ILCV?

EQIN has the higher dividend yield at 1.86%, compared with 1.55% for ILCV.

What is the main difference between EQIN and ILCV?

EQIN is categorized as Dividend, while ILCV is Large Cap Value Equities. They also come from different issuers: Columbia and iShares. Their fees differ too: 0.35% for EQIN and 0.04% for ILCV.

Which has better risk-adjusted returns?

ILCV currently has the higher Sharpe Ratio (2.75 vs 2.05), 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.