GLOW vs. IDV

Last updated Jun 25, 2026

GLOW (VictoryShares WestEnd Global Equity ETF) and IDV (iShares International Select Dividend ETF) are both Global Equities funds. GLOW is actively managed, while IDV is passively managed. Over the past year, GLOW returned 23.06% vs 28.25% for IDV. A 0.63 correlation means they provide meaningful diversification when combined. GLOW charges 0.72%/yr vs 0.49%/yr for IDV.

Performance

GLOW vs. IDV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VictoryShares WestEnd Global Equity ETF (GLOW) and iShares International Select Dividend ETF (IDV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GLOW achieves a 10.09% return, which is significantly higher than IDV's 8.04% return.

GLOW

• 1D: -0.09%
• 1M: 0.78%
• YTD: 10.09%
• 6M: 9.06%
• 1Y: 23.06%
• 3Y*: —
• 5Y*: —
• 10Y*: —

IDV

• 1D: -0.89%
• 1M: -5.63%
• YTD: 8.04%
• 6M: 7.68%
• 1Y: 28.25%
• 3Y*: 24.12%
• 5Y*: 11.49%
• 10Y*: 10.54%

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

GLOW vs. IDV - Yearly Performance Comparison

	2026 (YTD)	2025	2024
GLOW VictoryShares WestEnd Global Equity ETF	10.09%	21.29%	4.44%
IDV iShares International Select Dividend ETF	8.04%	52.16%	0.98%

Correlation

The correlation between GLOW and IDV is 0.69, 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	0.69
Correlation (All Time) Calculated using the full available price history since Jun 21, 2024	0.63

The correlation between GLOW and IDV has been stable across timeframes, ranging from 0.63 to 0.69 - a consistent structural relationship.

GLOW vs. IDV - Sectors Allocation Comparison

Sectors	GLOW	IDV
Technology	28.4%	0.9%
Financial Services	19.0%	30.6%
Healthcare	13.3%	-
Communication Services	11.3%	9.9%
Industrials	8.5%	6.9%
Consumer Cyclical	6.2%	9.9%
Consumer Defensive	4.8%	7.2%
Utilities	3.9%	11.5%
Basic Materials	2.1%	6.3%
Energy	1.6%	14.8%
Real Estate	0.9%	2.3%

Return for Risk

GLOW vs. IDV — Risk / Return Rank

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

GLOW

GLOW Risk / Return Rank: 62
GLOW Sharpe Ratio Rank: 63
GLOW Sortino Ratio Rank: 62
GLOW Omega Ratio Rank: 61
GLOW Calmar Ratio Rank: 58
GLOW Martin Ratio Rank: 66

IDV

IDV Risk / Return Rank: 73
IDV Sharpe Ratio Rank: 75
IDV Sortino Ratio Rank: 71
IDV Omega Ratio Rank: 74
IDV Calmar Ratio Rank: 73
IDV Martin Ratio Rank: 71

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.

GLOW vs. IDV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VictoryShares WestEnd Global Equity ETF (GLOW) and iShares International Select Dividend ETF (IDV). 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.

	GLOW	IDV	Difference
Sharpe ratio: Return per unit of total volatility	1.81	2.15	-0.34
Sortino ratio: Return per unit of downside risk	2.53	2.87	-0.34
Omega ratio: Gain probability vs. loss probability	1.33	1.39	-0.06
Calmar ratio: Return relative to maximum drawdown	2.48	3.33	-0.85
Martin ratio: Return relative to average drawdown	10.49	11.75	-1.27

GLOW vs. IDV - Sharpe Ratio Comparison

The current GLOW Sharpe Ratio is 1.81, which is comparable to the IDV Sharpe Ratio of 2.15. The chart below compares the historical Sharpe Ratios of GLOW and IDV, 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

GLOW vs. IDV - Drawdown Comparison

The maximum GLOW drawdown since its inception was -15.58%, smaller than the maximum IDV drawdown of -70.14%. Use the drawdown chart below to compare losses from any high point for GLOW and IDV.

Drawdown Indicators

	GLOW	IDV	Difference
Max Drawdown Largest peak-to-trough decline	-15.58%	-70.14%	+54.56%
Max Drawdown (1Y) Largest decline over 1 year	-9.33%	-8.52%	-0.81%
Max Drawdown (3Y) Largest decline over 3 years	—	-11.86%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-29.19%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-42.50%	—
Current Drawdown Current decline from peak	-1.90%	-6.51%	+4.61%
Average Drawdown Average peak-to-trough decline	-1.80%	-15.36%	+13.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.20%	2.41%	-0.21%

Volatility

GLOW vs. IDV - Volatility Comparison

VictoryShares WestEnd Global Equity ETF (GLOW) has a higher volatility of 5.06% compared to iShares International Select Dividend ETF (IDV) at 3.95%. This indicates that GLOW's price experiences larger fluctuations and is considered to be riskier than IDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GLOW	IDV	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.06%	3.95%	+1.11%
Volatility (6M) Calculated over the trailing 6-month period	10.56%	11.15%	-0.59%
Volatility (1Y) Calculated over the trailing 1-year period	12.88%	13.20%	-0.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.30%	15.59%	-0.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.30%	17.70%	-2.40%

GLOW vs. IDV - Expense Ratio Comparison

GLOW has a 0.72% expense ratio, which is higher than IDV's 0.49% expense ratio.

Dividends

GLOW vs. IDV - Dividend Comparison

GLOW's dividend yield for the trailing twelve months is around 1.12%, less than IDV's 5.50% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GLOW VictoryShares WestEnd Global Equity ETF	1.12%	1.33%	1.18%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
IDV iShares International Select Dividend ETF	5.50%	4.94%	6.46%	6.51%	7.33%	5.78%	5.47%	5.15%	5.93%	4.52%	4.69%	5.08%

Frequently Asked Questions

Can I hold both GLOW and IDV in my portfolio?

GLOW and IDV have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GLOW or IDV?

GLOW has higher volatility (5.06%) compared to IDV (3.95%). In terms of maximum drawdown, GLOW dropped -15.58% vs IDV's -70.14%.

Which ETF is better, GLOW or IDV?

On 1-year performance, IDV leads with 28.25% vs 23.06% for GLOW. On fees, IDV is cheaper at 0.49% per year. On volatility, IDV has been the lower-risk option at 3.95%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GLOW or IDV?

Over the 1-year period, IDV has performed better with a 28.25% return vs 23.06%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GLOW or IDV?

IDV is cheaper with a 0.49% expense ratio, compared with 0.72% for GLOW.

Which ETF pays a higher dividend yield, GLOW or IDV?

IDV has the higher dividend yield at 5.50%, compared with 1.12% for GLOW.

What is the main difference between GLOW and IDV?

They also come from different issuers: VictoryShares and iShares. Their fees differ too: 0.72% for GLOW and 0.49% for IDV.

Which has better risk-adjusted returns?

IDV currently has the higher Sharpe Ratio (2.15 vs 1.81), 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.