FOVL vs. IMCV
Compare and contrast key facts about iShares Focused Value Factor ETF (FOVL) and iShares Morningstar Mid-Cap ETF (IMCV).
FOVL and IMCV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FOVL is a passively managed fund by iShares that tracks the performance of the Focused Value Select Index. It was launched on Mar 19, 2019. IMCV is a passively managed fund by iShares that tracks the performance of the Morningstar US Mid Cap Broad Value Index. It was launched on Jun 28, 2004. Both FOVL and IMCV are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FOVL or IMCV.
Correlation
The correlation between FOVL and IMCV is 0.91, 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.
Performance
FOVL vs. IMCV - Performance Comparison
Key characteristics
FOVL:
1.74
IMCV:
1.36
FOVL:
2.49
IMCV:
1.95
FOVL:
1.31
IMCV:
1.24
FOVL:
3.13
IMCV:
0.16
FOVL:
7.61
IMCV:
5.05
FOVL:
3.70%
IMCV:
3.26%
FOVL:
16.27%
IMCV:
12.11%
FOVL:
-49.46%
IMCV:
-100.00%
FOVL:
-2.32%
IMCV:
-99.99%
Returns By Period
In the year-to-date period, FOVL achieves a 5.38% return, which is significantly higher than IMCV's 3.51% return.
FOVL
5.38%
0.45%
16.58%
28.37%
11.45%
N/A
IMCV
3.51%
-0.90%
5.25%
16.01%
9.41%
8.66%
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FOVL vs. IMCV - Expense Ratio Comparison
FOVL has a 0.25% expense ratio, which is higher than IMCV's 0.06% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
FOVL vs. IMCV — Risk-Adjusted Performance Rank
FOVL
IMCV
FOVL vs. IMCV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Focused Value Factor ETF (FOVL) and iShares Morningstar Mid-Cap ETF (IMCV). 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.
Dividends
FOVL vs. IMCV - Dividend Comparison
FOVL's dividend yield for the trailing twelve months is around 1.98%, less than IMCV's 2.28% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FOVL iShares Focused Value Factor ETF | 1.98% | 2.08% | 2.59% | 3.38% | 2.80% | 2.88% | 2.09% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IMCV iShares Morningstar Mid-Cap ETF | 2.28% | 2.36% | 2.30% | 2.36% | 1.86% | 2.61% | 2.45% | 2.61% | 1.87% | 2.09% | 2.29% | 1.95% |
Drawdowns
FOVL vs. IMCV - Drawdown Comparison
The maximum FOVL drawdown since its inception was -49.46%, smaller than the maximum IMCV drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for FOVL and IMCV. For additional features, visit the drawdowns tool.
Volatility
FOVL vs. IMCV - Volatility Comparison
iShares Focused Value Factor ETF (FOVL) and iShares Morningstar Mid-Cap ETF (IMCV) have volatilities of 2.83% and 2.94%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.