EVLU vs. DVYE

Last updated Apr 2, 2026

Compare and contrast key facts about iShares MSCI Emerging Markets Value Factor ETF (EVLU) and iShares Emerging Markets Dividend ETF (DVYE).

EVLU and DVYE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EVLU is a passively managed fund by iShares that tracks the performance of the MSCI Emerging Markets Value Factor Select Index (Net). It was launched on Sep 4, 2024. DVYE is a passively managed fund by iShares that tracks the performance of the Dow Jones Emerging Markets Select Dividend Index. It was launched on Feb 23, 2012. Both EVLU and DVYE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

EVLU vs. DVYE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI Emerging Markets Value Factor ETF (EVLU) and iShares Emerging Markets Dividend ETF (DVYE). The values are adjusted to include any dividend payments, if applicable.

EVLU vs. DVYE - Yearly Performance Comparison

	2026 (YTD)	2025	2024
EVLU iShares MSCI Emerging Markets Value Factor ETF	4.90%	38.54%	1.61%
DVYE iShares Emerging Markets Dividend ETF	10.54%	28.36%	4.35%

Returns By Period

In the year-to-date period, EVLU achieves a 4.90% return, which is significantly lower than DVYE's 10.54% return.

EVLU

• 1D: 0.44%
• 1M: -8.64%
• YTD: 4.90%
• 6M: 14.34%
• 1Y: 38.22%
• 3Y*: —
• 5Y*: —
• 10Y*: —

DVYE

• 1D: -0.12%
• 1M: -1.30%
• YTD: 10.54%
• 6M: 17.72%
• 1Y: 32.92%
• 3Y*: 22.29%
• 5Y*: 6.19%
• 10Y*: 7.75%

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

EVLU vs. DVYE - Expense Ratio Comparison

EVLU has a 0.35% expense ratio, which is lower than DVYE's 0.49% expense ratio.

DVYE

iShares Emerging Markets Dividend ETF

EVLU

iShares MSCI Emerging Markets Value Factor ETF

Return for Risk

EVLU vs. DVYE — Risk / Return Rank

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

EVLU

EVLU Risk / Return Rank: 88
EVLU Sharpe Ratio Rank: 88
EVLU Sortino Ratio Rank: 89
EVLU Omega Ratio Rank: 89
EVLU Calmar Ratio Rank: 87
EVLU Martin Ratio Rank: 86

DVYE

DVYE Risk / Return Rank: 89
DVYE Sharpe Ratio Rank: 88
DVYE Sortino Ratio Rank: 89
DVYE Omega Ratio Rank: 89
DVYE Calmar Ratio Rank: 85
DVYE Martin Ratio Rank: 92

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.

EVLU vs. DVYE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Emerging Markets Value Factor ETF (EVLU) and iShares Emerging Markets Dividend ETF (DVYE). 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.

	EVLU	DVYE	Difference
Sharpe ratio Return per unit of total volatility	1.94	1.92	+0.02
Sortino ratio Return per unit of downside risk	2.57	2.56	+0.02
Omega ratio Gain probability vs. loss probability	1.38	1.38	0.00
Calmar ratio Return relative to maximum drawdown	2.96	2.64	+0.32
Martin ratio Return relative to average drawdown	10.82	13.28	-2.46
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EVLU vs. DVYE - Sharpe Ratio Comparison

The current EVLU Sharpe Ratio is 1.94, which is comparable to the DVYE Sharpe Ratio of 1.92. The chart below compares the historical Sharpe Ratios of EVLU and DVYE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	EVLU	DVYE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.94	1.92	+0.02
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.37	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.42	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.50	0.16	+1.34

Correlation

The correlation between EVLU and DVYE is 0.78, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

EVLU vs. DVYE - Dividend Comparison

EVLU's dividend yield for the trailing twelve months is around 4.96%, less than DVYE's 5.12% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EVLU iShares MSCI Emerging Markets Value Factor ETF	4.96%	5.20%	1.03%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
DVYE iShares Emerging Markets Dividend ETF	5.12%	5.88%	11.81%	9.05%	9.89%	7.31%	5.27%	5.97%	5.69%	4.81%	4.56%	6.53%

Drawdowns

EVLU vs. DVYE - Drawdown Comparison

The maximum EVLU drawdown since its inception was -17.17%, smaller than the maximum DVYE drawdown of -47.42%. Use the drawdown chart below to compare losses from any high point for EVLU and DVYE.

Drawdown Indicators

	EVLU	DVYE	Difference
Max Drawdown Largest peak-to-trough decline	-17.17%	-47.42%	+30.25%
Max Drawdown (1Y) Largest decline over 1 year	-13.13%	-12.65%	-0.48%
Max Drawdown (5Y) Largest decline over 5 years	—	-40.89%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-40.89%	—
Current Drawdown Current decline from peak	-9.91%	-3.11%	-6.80%
Average Drawdown Average peak-to-trough decline	-3.60%	-15.54%	+11.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.59%	2.52%	+1.07%

Volatility

EVLU vs. DVYE - Volatility Comparison

iShares MSCI Emerging Markets Value Factor ETF (EVLU) has a higher volatility of 8.15% compared to iShares Emerging Markets Dividend ETF (DVYE) at 6.20%. This indicates that EVLU's price experiences larger fluctuations and is considered to be riskier than DVYE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EVLU	DVYE	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.15%	6.20%	+1.95%
Volatility (6M) Calculated over the trailing 6-month period	14.08%	10.75%	+3.33%
Volatility (1Y) Calculated over the trailing 1-year period	19.75%	17.19%	+2.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.02%	16.85%	+2.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.02%	18.47%	+0.55%