PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
EUDV.L vs. IEDL.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

EUDV.L vs. IEDL.L

Last updated Jun 5, 2026

EUDV.L (SPDR® S&P Euro Dividend Aristocrats UCITS ETF) and IEDL.L (iShares Edge MSCI Europe Value Factor UCITS ETF EUR (Dist)) are both Europe Equities funds - EUDV.L tracks the MSCI EMU NR EUR while IEDL.L tracks the MSCI Europe Value NR EUR. Both are passively managed. Over the past 5 years, EUDV.L returned 8.23%/yr vs 14.62%/yr for IEDL.L. Their correlation of 0.82 suggests significant overlap in exposure. EUDV.L charges 0.30%/yr vs 0.25%/yr for IEDL.L.

Performance

EUDV.L vs. IEDL.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in SPDR® S&P Euro Dividend Aristocrats UCITS ETF (EUDV.L) and iShares Edge MSCI Europe Value Factor UCITS ETF EUR (Dist) (IEDL.L). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Different Trading Currencies

EUDV.L is traded in GBP, while IEDL.L is traded in EUR. To make them comparable, the IEDL.L values have been converted to GBP using the latest available exchange rates.

Returns By Period

In the year-to-date period, EUDV.L achieves a 4.50% return, which is significantly lower than IEDL.L's 13.19% return.

EUDV.L

1D
0.21%
1M
-0.08%
YTD
4.50%
6M
6.32%
1Y
10.80%
3Y*
13.32%
5Y*
8.23%
10Y*
7.85%

IEDL.L

1D
0.03%
1M
4.86%
YTD
13.19%
6M
15.86%
1Y
36.33%
3Y*
21.75%
5Y*
14.62%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

EUDV.L vs. IEDL.L - Yearly Performance Comparison

2026 (YTD)20252024202320222021202020192018
EUDV.L
SPDR® S&P Euro Dividend Aristocrats UCITS ETF		4.50%25.91%3.63%15.58%-5.76%7.13%-6.89%15.79%-3.54%
IEDL.L
iShares Edge MSCI Europe Value Factor UCITS ETF EUR (Dist)		13.19%42.22%5.44%11.24%1.22%19.20%-3.60%14.87%-10.37%

Correlation

The correlation between EUDV.L and IEDL.L is 0.75, 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

0.75

Correlation (3Y)
Calculated over the trailing 3-year period

0.79

Correlation (5Y)
Calculated over the trailing 5-year period

0.80

Correlation (All Time)
Calculated using the full available price history since Feb 28, 2018

0.82

The correlation between EUDV.L and IEDL.L has been stable across timeframes, ranging from 0.75 to 0.82 - a consistent structural relationship.

EUDV.L vs. IEDL.L - Sectors Allocation Comparison

Sectors
EUDV.L
IEDL.L

Financial Services

23.1%
22.6%

Industrials

22.4%
17.0%

Utilities

19.5%
4.5%

Basic Materials

8.8%
6.2%

Consumer Defensive

7.9%
8.6%

Communication Services

6.7%
3.7%

Healthcare

5.7%
12.3%

Energy

2.7%
5.1%

Real Estate

1.9%
0.6%

Consumer Cyclical

1.3%
6.2%

Technology

-

12.2%

Financial Services

EUDV.L
23.1%
IEDL.L
22.6%

Industrials

EUDV.L
22.4%
IEDL.L
17.0%

Utilities

EUDV.L
19.5%
IEDL.L
4.5%

Basic Materials

EUDV.L
8.8%
IEDL.L
6.2%

Consumer Defensive

EUDV.L
7.9%
IEDL.L
8.6%

Communication Services

EUDV.L
6.7%
IEDL.L
3.7%

Healthcare

EUDV.L
5.7%
IEDL.L
12.3%

Energy

EUDV.L
2.7%
IEDL.L
5.1%

Real Estate

EUDV.L
1.9%
IEDL.L
0.6%

Consumer Cyclical

EUDV.L
1.3%
IEDL.L
6.2%

Technology

EUDV.L

-

IEDL.L
12.2%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

SPDR® S&P Euro Dividend Aristocrats UCITS ETF

iShares Edge MSCI Europe Value Factor UCITS ETF EUR (Dist)

Often compared with EUDV.L:
EUDV.L vs. IQQA.DEEUDV.L vs. EUE.LEUDV.L vs. EPDPXEUDV.L vs. VTIEUDV.L vs. IPDPEUDV.L vs. SPYL.DEEUDV.L vs. EIRL
Often compared with IEDL.L:
IEDL.L vs. S7XP.LIEDL.L vs. XHYG.DEIEDL.L vs. MVEW.DEIEDL.L vs. T3KE.DEIEDL.L vs. EUMD.LIEDL.L vs. CNX1.LIEDL.L vs. VEUR.L

Return for Risk

EUDV.L vs. IEDL.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
EUDV.L
EUDV.L Risk / Return Rank: 2727
Overall Rank
EUDV.L Sharpe Ratio Rank: 2929
Sharpe Ratio Rank
EUDV.L Sortino Ratio Rank: 2727
Sortino Ratio Rank
EUDV.L Omega Ratio Rank: 2828
Omega Ratio Rank
EUDV.L Calmar Ratio Rank: 2525
Calmar Ratio Rank
EUDV.L Martin Ratio Rank: 2727
Martin Ratio Rank
IEDL.L
IEDL.L Risk / Return Rank: 7272
Overall Rank
IEDL.L Sharpe Ratio Rank: 7575
Sharpe Ratio Rank
IEDL.L Sortino Ratio Rank: 7474
Sortino Ratio Rank
IEDL.L Omega Ratio Rank: 7575
Omega Ratio Rank
IEDL.L Calmar Ratio Rank: 6969
Calmar Ratio Rank
IEDL.L Martin Ratio Rank: 6868
Martin Ratio Rank
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.

EUDV.L vs. IEDL.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR® S&P Euro Dividend Aristocrats UCITS ETF (EUDV.L) and iShares Edge MSCI Europe Value Factor UCITS ETF EUR (Dist) (IEDL.L). 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.

EUDV.LIEDL.LDifference
Sharpe ratioReturn per unit of total volatility
1.00
2.68

-1.68

Sortino ratioReturn per unit of downside risk
1.40
3.61

-2.20

Omega ratioGain probability vs. loss probability

1.19

1.48

-0.30

Calmar ratioReturn relative to maximum drawdown

1.17

3.43

-2.26

Martin ratioReturn relative to average drawdown

3.75

12.68

-8.93

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EUDV.L vs. IEDL.L - Sharpe Ratio Comparison

The current EUDV.L Sharpe Ratio is 1.00, which is lower than the IEDL.L Sharpe Ratio of 2.68. The chart below compares the historical Sharpe Ratios of EUDV.L and IEDL.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Sharpe Ratios by Period

EUDV.LIEDL.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.00

2.68

-1.68

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.61

0.95

-0.35

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.53

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.55

0.59

-0.04

Drawdowns

EUDV.L vs. IEDL.L - Drawdown Comparison

The maximum EUDV.L drawdown since its inception was -31.64%, smaller than the maximum IEDL.L drawdown of -34.37%. Use the drawdown chart below to compare losses from any high point for EUDV.L and IEDL.L.

Loading charts...

Drawdown Indicators

EUDV.LIEDL.LDifference

Max Drawdown

Largest peak-to-trough decline

-31.64%

-34.37%

+2.73%

Max Drawdown (1Y)

Largest decline over 1 year

-9.19%

-10.54%

+1.35%

Max Drawdown (3Y)

Largest decline over 3 years

-9.82%

-16.23%

+6.41%

Max Drawdown (5Y)

Largest decline over 5 years

-22.14%

-16.28%

-5.86%

Max Drawdown (10Y)

Largest decline over 10 years

-31.64%

—

—

Current Drawdown

Current decline from peak

-4.04%

-0.80%

-3.24%

Average Drawdown

Average peak-to-trough decline

-5.25%

-5.72%

+0.47%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.87%

2.86%

+0.01%

Volatility

EUDV.L vs. IEDL.L - Volatility Comparison

The current volatility for SPDR® S&P Euro Dividend Aristocrats UCITS ETF (EUDV.L) is 2.61%, while iShares Edge MSCI Europe Value Factor UCITS ETF EUR (Dist) (IEDL.L) has a volatility of 4.75%. This indicates that EUDV.L experiences smaller price fluctuations and is considered to be less risky than IEDL.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

EUDV.LIEDL.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.61%

4.75%

-2.14%

Volatility (6M)

Calculated over the trailing 6-month period

8.97%

11.06%

-2.09%

Volatility (1Y)

Calculated over the trailing 1-year period

10.75%

13.48%

-2.73%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.50%

15.30%

-1.80%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

14.86%

17.59%

-2.73%

EUDV.L vs. IEDL.L - Expense Ratio Comparison

EUDV.L has a 0.30% expense ratio, which is higher than IEDL.L's 0.25% expense ratio.

Dividends

EUDV.L vs. IEDL.L - Dividend Comparison

EUDV.L's dividend yield for the trailing twelve months is around 3.62%, more than IEDL.L's 3.01% yield.

PositionTTM20252024202320222021202020192018201720162015
EUDV.L
SPDR® S&P Euro Dividend Aristocrats UCITS ETF		3.62%4.04%3.68%3.29%3.56%2.86%3.14%3.52%3.71%3.14%2.94%2.97%
IEDL.L
iShares Edge MSCI Europe Value Factor UCITS ETF EUR (Dist)		3.01%3.44%4.22%4.76%4.23%3.56%2.32%3.86%3.19%0.00%0.00%0.00%

Frequently Asked Questions

EUDV.L and IEDL.L 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.

On fees, IEDL.L is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

IEDL.L is cheaper with a 0.25% expense ratio, compared with 0.30% for EUDV.L.

EUDV.L tracks MSCI EMU NR EUR, while IEDL.L tracks MSCI Europe Value NR EUR. They also come from different issuers: State Street and iShares. Their fees differ too: 0.30% for EUDV.L and 0.25% for IEDL.L.

Portfolio Optimizer

Find the right allocation for EUDV.L and IEDL.L

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer