PortfoliosLab logoPortfoliosLab logo

Documentation

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

EUMV.L vs. IEDL.L

Last updated Jun 5, 2026

EUMV.L (Ossiam Europe ESG Machine Learning ETF UCITS (EUR)) and IEDL.L (iShares Edge MSCI Europe Value Factor UCITS ETF EUR (Dist)) are both Europe Equities funds - EUMV.L tracks the MSCI Europe NR EUR while IEDL.L tracks the MSCI Europe Value NR EUR. Both are passively managed. Over the past 5 years, EUMV.L returned 6.88%/yr vs 14.46%/yr for IEDL.L. A 0.74 correlation means they provide meaningful diversification when combined. EUMV.L charges 0.45%/yr vs 0.25%/yr for IEDL.L.

Performance

EUMV.L vs. IEDL.L - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Ossiam Europe ESG Machine Learning ETF UCITS (EUR) (EUMV.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...

Returns By Period

In the year-to-date period, EUMV.L achieves a 5.51% return, which is significantly lower than IEDL.L's 14.02% return.

EUMV.L

1D
0.60%
1M
-1.32%
YTD
5.51%
6M
7.31%
1Y
4.11%
3Y*
11.20%
5Y*
6.88%
10Y*
6.77%

IEDL.L

1D
-0.09%
1M
2.51%
YTD
14.02%
6M
17.04%
1Y
32.19%
3Y*
21.57%
5Y*
14.46%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

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

2026 (YTD)20252024202320222021202020192018
EUMV.L
Ossiam Europe ESG Machine Learning ETF UCITS (EUR)		5.51%12.06%14.58%6.69%-13.94%23.14%0.82%18.31%-3.42%
IEDL.L
iShares Edge MSCI Europe Value Factor UCITS ETF EUR (Dist)		14.02%35.00%10.46%13.50%-3.75%26.71%-8.76%21.78%-12.14%

Correlation

The correlation between EUMV.L and IEDL.L is 0.74, 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

0.74

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

0.80

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

0.78

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

0.74

The correlation between EUMV.L and IEDL.L has been stable across timeframes, ranging from 0.74 to 0.80 - a consistent structural relationship.

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

Sectors
EUMV.L
IEDL.L

Utilities

20.2%
4.5%

Industrials

18.7%
17.0%

Financial Services

17.1%
22.6%

Communication Services

16.5%
3.7%

Real Estate

11.6%
0.6%

Technology

9.8%
12.2%

Energy

2.2%
5.1%

Consumer Cyclical

2.1%
6.2%

Healthcare

1.3%
12.3%

Consumer Defensive

1.1%
8.6%

Basic Materials

0.4%
6.2%

Utilities

EUMV.L
20.2%
IEDL.L
4.5%

Industrials

EUMV.L
18.7%
IEDL.L
17.0%

Financial Services

EUMV.L
17.1%
IEDL.L
22.6%

Communication Services

EUMV.L
16.5%
IEDL.L
3.7%

Real Estate

EUMV.L
11.6%
IEDL.L
0.6%

Technology

EUMV.L
9.8%
IEDL.L
12.2%

Energy

EUMV.L
2.2%
IEDL.L
5.1%

Consumer Cyclical

EUMV.L
2.1%
IEDL.L
6.2%

Healthcare

EUMV.L
1.3%
IEDL.L
12.3%

Consumer Defensive

EUMV.L
1.1%
IEDL.L
8.6%

Basic Materials

EUMV.L
0.4%
IEDL.L
6.2%

Compare stocks, funds, or ETFs

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

Ossiam Europe ESG Machine Learning ETF UCITS (EUR)

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

Often compared with EUMV.L:
EUMV.L vs. LEMV.LEUMV.L vs. L6EW.LEUMV.L vs. CAPU.LEUMV.L vs. MMS.LEUMV.L vs. 5HEP.LEUMV.L vs. LCPE.LEUMV.L vs. LGUK.L
Often compared with IEDL.L:
IEDL.L vs. S7XP.LIEDL.L vs. XHYG.DEIEDL.L vs. MVEW.DEIEDL.L vs. EUMD.LIEDL.L vs. T3KE.DEIEDL.L vs. CNX1.LIEDL.L vs. VEUR.L

Return for Risk

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

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
EUMV.L
EUMV.L Risk / Return Rank: 1515
Overall Rank
EUMV.L Sharpe Ratio Rank: 1616
Sharpe Ratio Rank
EUMV.L Sortino Ratio Rank: 1515
Sortino Ratio Rank
EUMV.L Omega Ratio Rank: 1515
Omega Ratio Rank
EUMV.L Calmar Ratio Rank: 1616
Calmar Ratio Rank
EUMV.L Martin Ratio Rank: 1717
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.

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

This table presents a comparison of risk-adjusted performance metrics for Ossiam Europe ESG Machine Learning ETF UCITS (EUR) (EUMV.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.

EUMV.LIEDL.LDifference
Sharpe ratioReturn per unit of total volatility
0.42
2.40

-1.98

Sortino ratioReturn per unit of downside risk
0.64
3.27

-2.63

Omega ratioGain probability vs. loss probability

1.08

1.44

-0.36

Calmar ratioReturn relative to maximum drawdown

0.55

3.36

-2.81

Martin ratioReturn relative to average drawdown

1.56

12.50

-10.94

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

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

The current EUMV.L Sharpe Ratio is 0.42, which is lower than the IEDL.L Sharpe Ratio of 2.40. The chart below compares the historical Sharpe Ratios of EUMV.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

EUMV.LIEDL.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.42

2.40

-1.98

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.58

0.94

-0.36

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.55

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.63

0.59

+0.04

Drawdowns

EUMV.L vs. IEDL.L - Drawdown Comparison

The maximum EUMV.L drawdown since its inception was -30.58%, smaller than the maximum IEDL.L drawdown of -39.74%. Use the drawdown chart below to compare losses from any high point for EUMV.L and IEDL.L.

Loading charts...

Drawdown Indicators

EUMV.LIEDL.LDifference

Max Drawdown

Largest peak-to-trough decline

-30.58%

-39.74%

+9.16%

Max Drawdown (1Y)

Largest decline over 1 year

-7.79%

-9.70%

+1.91%

Max Drawdown (3Y)

Largest decline over 3 years

-12.32%

-17.52%

+5.20%

Max Drawdown (5Y)

Largest decline over 5 years

-20.37%

-19.57%

-0.80%

Max Drawdown (10Y)

Largest decline over 10 years

-30.58%

—

—

Current Drawdown

Current decline from peak

-1.83%

-0.75%

-1.08%

Average Drawdown

Average peak-to-trough decline

-5.23%

-6.19%

+0.96%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.74%

2.61%

+0.13%

Volatility

EUMV.L vs. IEDL.L - Volatility Comparison

The current volatility for Ossiam Europe ESG Machine Learning ETF UCITS (EUR) (EUMV.L) is 3.26%, while iShares Edge MSCI Europe Value Factor UCITS ETF EUR (Dist) (IEDL.L) has a volatility of 4.76%. This indicates that EUMV.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

EUMV.LIEDL.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.26%

4.76%

-1.50%

Volatility (6M)

Calculated over the trailing 6-month period

8.53%

10.95%

-2.42%

Volatility (1Y)

Calculated over the trailing 1-year period

10.22%

13.60%

-3.38%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

11.83%

15.42%

-3.59%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

12.37%

17.97%

-5.60%

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

EUMV.L has a 0.45% expense ratio, which is higher than IEDL.L's 0.25% expense ratio.

Dividends

EUMV.L vs. IEDL.L - Dividend Comparison

EUMV.L has not paid dividends to shareholders, while IEDL.L's dividend yield for the trailing twelve months is around 3.01%.

PositionTTM20252024202320222021202020192018
EUMV.L
Ossiam Europe ESG Machine Learning ETF UCITS (EUR)		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
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%

Frequently Asked Questions

EUMV.L and IEDL.L have a correlation of 0.74, 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 0.45% for EUMV.L.

EUMV.L tracks MSCI Europe NR EUR, while IEDL.L tracks MSCI Europe Value NR EUR. They also come from different issuers: Natixis and iShares. Their fees differ too: 0.45% for EUMV.L and 0.25% for IEDL.L.

Portfolio Optimizer

Find the right allocation for EUMV.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