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IDEV vs. BKLC
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IDEV vs. BKLC

Last updated Jun 13, 2026

IDEV (iShares Core MSCI International Developed Markets ETF) and BKLC (BNY Mellon US Large Cap Core Equity ETF) are both exchange-traded funds - IDEV is a Foreign Large Cap Equities fund tracking the MSCI World ex USA Investable Market Index, while BKLC is a Large Cap Blend Equities fund tracking the Morningstar US Large Cap Index. Both are passively managed. Over the past 5 years, IDEV returned 8.52%/yr vs 13.79%/yr for BKLC. A 0.76 correlation means they provide meaningful diversification when combined. IDEV charges 0.05%/yr vs 0.00%/yr for BKLC.

Performance

IDEV vs. BKLC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Core MSCI International Developed Markets ETF (IDEV) and BNY Mellon US Large Cap Core Equity ETF (BKLC). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, IDEV achieves a 9.59% return, which is significantly higher than BKLC's 9.04% return.

IDEV

1D
0.42%
1M
0.95%
YTD
9.59%
6M
11.02%
1Y
22.16%
3Y*
17.03%
5Y*
8.52%
10Y*
—

BKLC

1D
0.43%
1M
0.06%
YTD
9.04%
6M
9.42%
1Y
24.38%
3Y*
21.79%
5Y*
13.79%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

IDEV vs. BKLC - Yearly Performance Comparison

2026 (YTD)202520242023202220212020
IDEV
iShares Core MSCI International Developed Markets ETF		9.59%32.56%4.54%17.36%-14.99%13.00%39.34%
BKLC
BNY Mellon US Large Cap Core Equity ETF		9.04%18.06%25.56%30.88%-20.52%27.41%37.31%

Correlation

The correlation between IDEV and BKLC is 0.78, 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

0.78

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

0.72

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

0.76

Correlation (All Time)
Calculated using the full available price history since Apr 9, 2020

0.76

The correlation between IDEV and BKLC has been stable across timeframes, ranging from 0.72 to 0.78 - a consistent structural relationship.

IDEV vs. BKLC - Sectors Allocation Comparison

Sectors
IDEV
BKLC

Financial Services

24.2%
10.7%

Industrials

19.1%
7.8%

Technology

9.9%
38.2%

Healthcare

8.6%
8.4%

Basic Materials

8.0%
1.6%

Consumer Cyclical

7.7%
10.0%

Consumer Defensive

6.0%
4.4%

Energy

5.9%
3.2%

Communication Services

4.0%
10.8%

Utilities

3.7%
2.5%

Real Estate

2.9%
1.6%

Financial Services

IDEV
24.2%
BKLC
10.7%

Industrials

IDEV
19.1%
BKLC
7.8%

Technology

IDEV
9.9%
BKLC
38.2%

Healthcare

IDEV
8.6%
BKLC
8.4%

Basic Materials

IDEV
8.0%
BKLC
1.6%

Consumer Cyclical

IDEV
7.7%
BKLC
10.0%

Consumer Defensive

IDEV
6.0%
BKLC
4.4%

Energy

IDEV
5.9%
BKLC
3.2%

Communication Services

IDEV
4.0%
BKLC
10.8%

Utilities

IDEV
3.7%
BKLC
2.5%

Real Estate

IDEV
2.9%
BKLC
1.6%

Compare stocks, funds, or ETFs

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

iShares Core MSCI International Developed Markets ETF

BNY Mellon US Large Cap Core Equity ETF

Often compared with IDEV:
IDEV vs. VYMIIDEV vs. VEAIDEV vs. IEFAIDEV vs. IXUSIDEV vs. SCHFIDEV vs. FDEVIDEV vs. VEU
Often compared with BKLC:
BKLC vs. VOOBKLC vs. FNILXBKLC vs. SCHDBKLC vs. SPTMBKLC vs. FHLCBKLC vs. FNDXBKLC vs. CNRG

Return for Risk

IDEV vs. BKLC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IDEV
IDEV Risk / Return Rank: 4848
Overall Rank
IDEV Sharpe Ratio Rank: 4848
Sharpe Ratio Rank
IDEV Sortino Ratio Rank: 4848
Sortino Ratio Rank
IDEV Omega Ratio Rank: 4747
Omega Ratio Rank
IDEV Calmar Ratio Rank: 4545
Calmar Ratio Rank
IDEV Martin Ratio Rank: 5252
Martin Ratio Rank
BKLC
BKLC Risk / Return Rank: 6868
Overall Rank
BKLC Sharpe Ratio Rank: 6969
Sharpe Ratio Rank
BKLC Sortino Ratio Rank: 6565
Sortino Ratio Rank
BKLC Omega Ratio Rank: 6969
Omega Ratio Rank
BKLC Calmar Ratio Rank: 6262
Calmar Ratio Rank
BKLC Martin Ratio Rank: 7373
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.

IDEV vs. BKLC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Core MSCI International Developed Markets ETF (IDEV) and BNY Mellon US Large Cap Core Equity ETF (BKLC). 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.

IDEVBKLCDifference
Sharpe ratioReturn per unit of total volatility
1.48
1.94

-0.46

Sortino ratioReturn per unit of downside risk
2.11
2.60

-0.49

Omega ratioGain probability vs. loss probability

1.27

1.35

-0.09

Calmar ratioReturn relative to maximum drawdown

1.99

2.69

-0.70

Martin ratioReturn relative to average drawdown

7.76

11.95

-4.19

IDEV vs. BKLC - Sharpe Ratio Comparison

The current IDEV Sharpe Ratio is 1.48, which is comparable to the BKLC Sharpe Ratio of 1.94. The chart below compares the historical Sharpe Ratios of IDEV and BKLC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

IDEV vs. BKLC - Drawdown Comparison

The maximum IDEV drawdown since its inception was -34.77%, which is greater than BKLC's maximum drawdown of -26.14%. Use the drawdown chart below to compare losses from any high point for IDEV and BKLC.

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Drawdown Indicators

IDEVBKLCDifference

Max Drawdown

Largest peak-to-trough decline

-34.77%

-26.14%

-8.63%

Max Drawdown (1Y)

Largest decline over 1 year

-11.20%

-9.10%

-2.10%

Max Drawdown (3Y)

Largest decline over 3 years

-13.41%

-19.05%

+5.64%

Max Drawdown (5Y)

Largest decline over 5 years

-29.15%

-26.14%

-3.01%

Current Drawdown

Current decline from peak

-0.37%

-2.43%

+2.06%

Average Drawdown

Average peak-to-trough decline

-6.55%

-5.26%

-1.29%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.87%

2.05%

+0.82%

Volatility

IDEV vs. BKLC - Volatility Comparison

iShares Core MSCI International Developed Markets ETF (IDEV) has a higher volatility of 5.30% compared to BNY Mellon US Large Cap Core Equity ETF (BKLC) at 4.60%. This indicates that IDEV's price experiences larger fluctuations and is considered to be riskier than BKLC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

IDEVBKLCDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.30%

4.60%

+0.70%

Volatility (6M)

Calculated over the trailing 6-month period

12.73%

9.87%

+2.86%

Volatility (1Y)

Calculated over the trailing 1-year period

15.07%

12.63%

+2.44%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.35%

17.23%

-0.88%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.29%

17.47%

-0.18%

IDEV vs. BKLC - Expense Ratio Comparison

IDEV has a 0.05% expense ratio, which is higher than BKLC's 0.00% 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%.

Dividends

IDEV vs. BKLC - Dividend Comparison

IDEV's dividend yield for the trailing twelve months is around 3.11%, more than BKLC's 1.03% yield.

PositionTTM202520242023202220212020201920182017
BKLC
BNY Mellon US Large Cap Core Equity ETF		1.03%1.05%1.22%1.35%1.64%1.10%0.84%0.00%0.00%0.00%
IDEV
iShares Core MSCI International Developed Markets ETF		3.11%3.40%3.30%3.07%2.69%3.05%2.00%3.18%3.16%1.54%

Frequently Asked Questions

IDEV and BKLC have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

IDEV has higher volatility (5.30%) compared to BKLC (4.60%). In terms of maximum drawdown, IDEV dropped -34.77% vs BKLC's -26.14%.

On 5-year performance, BKLC leads with 13.79% vs 8.52% for IDEV. On fees, BKLC is cheaper at 0.00% per year. On volatility, BKLC has been the lower-risk option at 4.60%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, BKLC has performed better with a 13.79% return vs 8.52%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

BKLC is cheaper with a 0.00% expense ratio, compared with 0.05% for IDEV.

IDEV has the higher dividend yield at 3.11%, compared with 1.03% for BKLC.

IDEV is categorized as Foreign Large Cap Equities, while BKLC is Large Cap Blend Equities. IDEV tracks MSCI World ex USA Investable Market Index, while BKLC tracks Morningstar US Large Cap Index. They also come from different issuers: iShares and BNY Mellon. Their fees differ too: 0.05% for IDEV and 0.00% for BKLC.

BKLC currently has the higher Sharpe Ratio (1.94 vs 1.48), 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.

Portfolio Optimizer

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