IDEV vs. DIVB
IDEV (iShares Core MSCI International Developed Markets ETF) and DIVB (iShares Core Dividend ETF) are both exchange-traded funds - IDEV is a Foreign Large Cap Equities fund tracking the MSCI World ex USA Investable Market Index, while DIVB is a Dividend fund tracking the Morningstar US Dividend and Buyback Index. Both are passively managed. Over the past 5 years, IDEV returned 8.52%/yr vs 12.24%/yr for DIVB. A 0.75 correlation means they provide meaningful diversification when combined. Both charge a 0.05% expense ratio.
Performance
IDEV vs. DIVB - Performance Comparison
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Returns By Period
In the year-to-date period, IDEV achieves a 9.59% return, which is significantly lower than DIVB's 17.67% return.
IDEV
- 1D
- 0.42%
- 1M
- 2.88%
- YTD
- 9.59%
- 6M
- 11.02%
- 1Y
- 23.58%
- 3Y*
- 17.03%
- 5Y*
- 8.52%
- 10Y*
- —
DIVB
- 1D
- 1.11%
- 1M
- 6.33%
- YTD
- 17.67%
- 6M
- 16.46%
- 1Y
- 29.56%
- 3Y*
- 21.12%
- 5Y*
- 12.24%
- 10Y*
- —
IDEV vs. DIVB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IDEV iShares Core MSCI International Developed Markets ETF | 9.59% | 32.56% | 4.54% | 17.36% | -14.99% | 13.00% | 8.32% | 23.12% | -14.10% | 1.90% |
DIVB iShares Core Dividend ETF | 17.67% | 15.09% | 18.59% | 13.27% | -10.51% | 31.29% | 10.78% | 32.72% | -8.16% | 5.95% |
Correlation
The correlation between IDEV and DIVB is 0.66, 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 | 0.66 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.67 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.75 |
Correlation (All Time) Calculated using the full available price history since Nov 9, 2017 | 0.75 |
The correlation between IDEV and DIVB has been stable across timeframes, ranging from 0.66 to 0.75 - a consistent structural relationship.
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Return for Risk
IDEV vs. DIVB — Risk / Return Rank
IDEV
DIVB
IDEV vs. DIVB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core MSCI International Developed Markets ETF (IDEV) and iShares Core Dividend ETF (DIVB). 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.
| IDEV | DIVB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.95 | ||
| Sortino ratioReturn per unit of downside risk | -1.28 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.43 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | 1.99 | 4.16 | -2.17 |
| Martin ratioReturn relative to average drawdown | 7.76 | 14.00 | -6.24 |
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Drawdowns
IDEV vs. DIVB - Drawdown Comparison
The maximum IDEV drawdown since its inception was -34.77%, smaller than the maximum DIVB drawdown of -36.93%. Use the drawdown chart below to compare losses from any high point for IDEV and DIVB.
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Drawdown Indicators
| IDEV | DIVB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.77% | -36.93% | +2.16% |
Max Drawdown (1Y)Largest decline over 1 year | -11.20% | -6.82% | -4.38% |
Max Drawdown (3Y)Largest decline over 3 years | -13.41% | -15.45% | +2.04% |
Max Drawdown (5Y)Largest decline over 5 years | -29.15% | -21.08% | -8.07% |
Current DrawdownCurrent decline from peak | -0.37% | -0.66% | +0.29% |
Average DrawdownAverage peak-to-trough decline | -6.55% | -4.98% | -1.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.87% | 2.03% | +0.84% |
Volatility
IDEV vs. DIVB - Volatility Comparison
iShares Core MSCI International Developed Markets ETF (IDEV) has a higher volatility of 5.30% compared to iShares Core Dividend ETF (DIVB) at 4.48%. This indicates that IDEV's price experiences larger fluctuations and is considered to be riskier than DIVB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IDEV | DIVB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.30% | 4.48% | +0.82% |
Volatility (6M)Calculated over the trailing 6-month period | 12.73% | 8.81% | +3.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.07% | 11.69% | +3.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.35% | 15.29% | +1.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.29% | 18.38% | -1.09% |
IDEV vs. DIVB - Expense Ratio Comparison
Both IDEV and DIVB have an expense ratio of 0.05%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
IDEV vs. DIVB - Dividend Comparison
IDEV's dividend yield for the trailing twelve months is around 3.11%, more than DIVB's 2.18% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
DIVB iShares Core Dividend ETF | 2.18% | 2.50% | 2.61% | 3.18% | 2.02% | 1.63% | 2.08% | 2.07% | 2.52% | 0.37% |
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 DIVB have a correlation of 0.66, 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 DIVB (4.48%). In terms of maximum drawdown, IDEV dropped -34.77% vs DIVB's -36.93%.
On 5-year performance, DIVB leads with 12.24% vs 8.52% for IDEV. Both ETFs have the same 0.05% expense ratio. On volatility, DIVB has been the lower-risk option at 4.48%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, DIVB has performed better with a 12.24% return vs 8.52%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IDEV and DIVB have the same expense ratio: 0.05% per year.
IDEV has the higher dividend yield at 3.11%, compared with 2.18% for DIVB.
IDEV is categorized as Foreign Large Cap Equities, while DIVB is Dividend. IDEV tracks MSCI World ex USA Investable Market Index, while DIVB tracks Morningstar US Dividend and Buyback Index.
DIVB currently has the higher Sharpe Ratio (2.43 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.
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