IDEV vs. VEA
Compare and contrast key facts about iShares Core MSCI International Developed Markets ETF (IDEV) and Vanguard FTSE Developed Markets ETF (VEA).
IDEV and VEA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. VEA is a passively managed fund by Vanguard that tracks the performance of the MSCI EAFE Index. It was launched on Jul 20, 2007. Both IDEV and VEA 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: IDEV or VEA.
Key characteristics
| IDEV | VEA | |
|---|---|---|
| YTD Return | 6.22% | 5.01% |
| 1Y Return | 17.31% | 16.10% |
| 3Y Return (Ann) | 1.37% | 1.05% |
| 5Y Return (Ann) | 6.09% | 5.95% |
| Sharpe Ratio | 1.36 | 1.24 |
| Sortino Ratio | 1.94 | 1.78 |
| Omega Ratio | 1.24 | 1.22 |
| Calmar Ratio | 1.51 | 1.35 |
| Martin Ratio | 7.61 | 6.72 |
| Ulcer Index | 2.32% | 2.42% |
| Daily Std Dev | 12.95% | 13.09% |
| Max Drawdown | -34.77% | -60.70% |
| Current Drawdown | -6.92% | -7.32% |
Correlation
The correlation between IDEV and VEA is 0.98, 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
IDEV vs. VEA - Performance Comparison
In the year-to-date period, IDEV achieves a 6.22% return, which is significantly higher than VEA's 5.01% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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IDEV vs. VEA - Expense Ratio Comparison
Both IDEV and VEA 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%.
Risk-Adjusted Performance
IDEV vs. VEA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core MSCI International Developed Markets ETF (IDEV) and Vanguard FTSE Developed Markets ETF (VEA). 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
IDEV vs. VEA - Dividend Comparison
IDEV's dividend yield for the trailing twelve months is around 3.01%, which matches VEA's 3.04% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IDEV iShares Core MSCI International Developed Markets ETF | 3.01% | 3.06% | 2.69% | 3.05% | 2.00% | 3.19% | 3.16% | 1.54% | 0.00% | 0.00% | 0.00% | 0.00% |
VEA Vanguard FTSE Developed Markets ETF | 3.04% | 3.16% | 2.91% | 3.16% | 2.04% | 3.04% | 3.35% | 2.77% | 3.05% | 2.92% | 3.68% | 2.60% |
Drawdowns
IDEV vs. VEA - Drawdown Comparison
The maximum IDEV drawdown since its inception was -34.77%, smaller than the maximum VEA drawdown of -60.70%. Use the drawdown chart below to compare losses from any high point for IDEV and VEA. For additional features, visit the drawdowns tool.
Volatility
IDEV vs. VEA - Volatility Comparison
iShares Core MSCI International Developed Markets ETF (IDEV) and Vanguard FTSE Developed Markets ETF (VEA) have volatilities of 3.92% and 3.95%, 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.