IDEV vs. CHFUSD=X

Last updated Apr 3, 2026

Compare and contrast key facts about iShares Core MSCI International Developed Markets ETF (IDEV) and USD/CHF (CHFUSD=X).

IDEV is a passively managed fund by iShares that tracks the performance of the MSCI World ex USA Investable Market Index. It was launched on Mar 21, 2017.

Performance

IDEV vs. CHFUSD=X - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Core MSCI International Developed Markets ETF (IDEV) and USD/CHF (CHFUSD=X). The values are adjusted to include any dividend payments, if applicable.

IDEV vs. CHFUSD=X - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IDEV iShares Core MSCI International Developed Markets ETF	2.28%	32.56%	4.54%	17.36%	-14.99%	13.00%	8.32%	23.12%	-14.10%	17.29%
CHFUSD=X USD/CHF	-0.76%	14.56%	-7.30%	9.83%	-1.34%	-2.97%	9.43%	1.71%	-1.05%	1.90%

Returns By Period

In the year-to-date period, IDEV achieves a 2.28% return, which is significantly higher than CHFUSD=X's -0.76% return.

IDEV

• 1D: -0.55%
• 1M: -2.44%
• YTD: 2.28%
• 6M: 6.36%
• 1Y: 26.17%
• 3Y*: 15.14%
• 5Y*: 8.49%
• 10Y*: —

CHFUSD=X

• 1D: -0.59%
• 1M: -2.09%
• YTD: -0.76%
• 6M: -0.12%
• 1Y: 10.59%
• 3Y*: 4.56%
• 5Y*: 3.38%
• 10Y*: 1.85%

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

Return for Risk

IDEV vs. CHFUSD=X — Risk / Return Rank

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

IDEV

IDEV Risk / Return Rank: 77
IDEV Sharpe Ratio Rank: 78
IDEV Sortino Ratio Rank: 79
IDEV Omega Ratio Rank: 78
IDEV Calmar Ratio Rank: 76
IDEV Martin Ratio Rank: 76

CHFUSD=X

CHFUSD=X Risk / Return Rank: 75
CHFUSD=X Sharpe Ratio Rank: 81
CHFUSD=X Sortino Ratio Rank: 82
CHFUSD=X Omega Ratio Rank: 82
CHFUSD=X Calmar Ratio Rank: 66
CHFUSD=X Martin Ratio Rank: 66

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. CHFUSD=X - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Core MSCI International Developed Markets ETF (IDEV) and USD/CHF (CHFUSD=X). 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.

	IDEV	CHFUSD=X	Difference
Sharpe ratio Return per unit of total volatility	1.53	0.93	+0.61
Sortino ratio Return per unit of downside risk	2.14	1.53	+0.61
Omega ratio Gain probability vs. loss probability	1.31	1.19	+0.12
Calmar ratio Return relative to maximum drawdown	2.37	0.31	+2.06
Martin ratio Return relative to average drawdown	9.19	0.83	+8.36
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IDEV vs. CHFUSD=X - Sharpe Ratio Comparison

The current IDEV Sharpe Ratio is 1.53, which is higher than the CHFUSD=X Sharpe Ratio of 0.93. The chart below compares the historical Sharpe Ratios of IDEV and CHFUSD=X, 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

	IDEV	CHFUSD=X	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.53	0.93	+0.61
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.53	0.38	+0.14
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.23	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.51	0.21	+0.30

Correlation

The correlation between IDEV and CHFUSD=X is 0.26, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Drawdowns

IDEV vs. CHFUSD=X - Drawdown Comparison

The maximum IDEV drawdown since its inception was -34.77%, which is greater than CHFUSD=X's maximum drawdown of -29.99%. Use the drawdown chart below to compare losses from any high point for IDEV and CHFUSD=X.

Drawdown Indicators

	IDEV	CHFUSD=X	Difference
Max Drawdown Largest peak-to-trough decline	-34.77%	-29.99%	-4.78%
Max Drawdown (1Y) Largest decline over 1 year	-11.20%	-4.79%	-6.41%
Max Drawdown (5Y) Largest decline over 5 years	-29.15%	-11.70%	-17.45%
Max Drawdown (10Y) Largest decline over 10 years	—	-13.35%	—
Current Drawdown Current decline from peak	-7.02%	-9.67%	+2.65%
Average Drawdown Average peak-to-trough decline	-6.64%	-18.55%	+11.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.89%	1.80%	+1.09%

Volatility

IDEV vs. CHFUSD=X - Volatility Comparison

iShares Core MSCI International Developed Markets ETF (IDEV) has a higher volatility of 7.19% compared to USD/CHF (CHFUSD=X) at 1.99%. This indicates that IDEV's price experiences larger fluctuations and is considered to be riskier than CHFUSD=X based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IDEV	CHFUSD=X	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.19%	1.99%	+5.20%
Volatility (6M) Calculated over the trailing 6-month period	10.99%	5.29%	+5.70%
Volatility (1Y) Calculated over the trailing 1-year period	17.15%	9.12%	+8.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.12%	7.92%	+8.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.26%	7.38%	+9.88%