IDEV vs. VYMI

Last updated Jun 23, 2026

IDEV (iShares Core MSCI International Developed Markets ETF) and VYMI (Vanguard International High Dividend Yield ETF) are both exchange-traded funds - IDEV is a Foreign Large Cap Equities fund tracking the MSCI World ex USA Investable Market Index, while VYMI is a Dividend fund tracking the FTSE All-World ex US High Dividend Yield Index. Both are passively managed. Over the past 5 years, IDEV returned 9.19%/yr vs 12.87%/yr for VYMI. Their correlation of 0.94 suggests significant overlap in exposure. IDEV charges 0.05%/yr vs 0.07%/yr for VYMI.

Performance

IDEV vs. VYMI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Core MSCI International Developed Markets ETF (IDEV) and Vanguard International High Dividend Yield ETF (VYMI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IDEV achieves a 10.38% return, which is significantly lower than VYMI's 12.76% return.

IDEV

• 1D: 0.15%
• 1M: 1.58%
• YTD: 10.38%
• 6M: 10.58%
• 1Y: 26.25%
• 3Y*: 18.20%
• 5Y*: 9.19%
• 10Y*: —

VYMI

• 1D: 0.20%
• 1M: 0.96%
• YTD: 12.76%
• 6M: 13.32%
• 1Y: 32.82%
• 3Y*: 22.36%
• 5Y*: 12.87%
• 10Y*: 11.35%

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

IDEV vs. VYMI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IDEV iShares Core MSCI International Developed Markets ETF	10.38%	32.56%	4.54%	17.36%	-14.99%	13.00%	8.32%	23.12%	-14.10%	17.43%
VYMI Vanguard International High Dividend Yield ETF	12.76%	38.05%	7.06%	17.07%	-7.02%	15.39%	-1.11%	18.43%	-12.65%	13.98%

Correlation

The correlation between IDEV and VYMI is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.94
Correlation (3Y) Calculated over the trailing 3-year period	0.94
Correlation (5Y) Calculated over the trailing 5-year period	0.95
Correlation (All Time) Calculated using the full available price history since Mar 23, 2017	0.94

The correlation between IDEV and VYMI has been stable across timeframes, ranging from 0.94 to 0.95 - a consistent structural relationship.

IDEV vs. VYMI - Sectors Allocation Comparison

Sectors	IDEV	VYMI
Financial Services	24.0%	40.7%
Industrials	18.8%	6.2%
Technology	11.1%	5.2%
Healthcare	8.5%	6.5%
Basic Materials	8.3%	6.9%
Consumer Cyclical	7.7%	6.4%
Consumer Defensive	5.8%	6.7%
Energy	5.4%	8.6%
Communication Services	4.3%	3.7%
Utilities	3.4%	5.0%
Real Estate	2.7%	1.3%

Return for Risk

IDEV vs. VYMI — Risk / Return Rank

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

IDEV

IDEV Risk / Return Rank: 52
IDEV Sharpe Ratio Rank: 54
IDEV Sortino Ratio Rank: 53
IDEV Omega Ratio Rank: 52
IDEV Calmar Ratio Rank: 49
IDEV Martin Ratio Rank: 55

VYMI

VYMI Risk / Return Rank: 76
VYMI Sharpe Ratio Rank: 81
VYMI Sortino Ratio Rank: 80
VYMI Omega Ratio Rank: 80
VYMI Calmar Ratio Rank: 67
VYMI 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.

IDEV vs. VYMI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Core MSCI International Developed Markets ETF (IDEV) and Vanguard International High Dividend Yield ETF (VYMI). 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	VYMI	Difference
Sharpe ratio: Return per unit of total volatility	1.76	2.50	-0.73
Sortino ratio: Return per unit of downside risk	2.48	3.38	-0.90
Omega ratio: Gain probability vs. loss probability	1.32	1.45	-0.13
Calmar ratio: Return relative to maximum drawdown	2.35	3.25	-0.90
Martin ratio: Return relative to average drawdown	9.21	12.76	-3.55

IDEV vs. VYMI - Sharpe Ratio Comparison

The current IDEV Sharpe Ratio is 1.76, which is comparable to the VYMI Sharpe Ratio of 2.50. The chart below compares the historical Sharpe Ratios of IDEV and VYMI, 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

IDEV vs. VYMI - Drawdown Comparison

The maximum IDEV drawdown since its inception was -34.77%, smaller than the maximum VYMI drawdown of -40.00%. Use the drawdown chart below to compare losses from any high point for IDEV and VYMI.

Drawdown Indicators

	IDEV	VYMI	Difference
Max Drawdown Largest peak-to-trough decline	-34.77%	-40.00%	+5.23%
Max Drawdown (1Y) Largest decline over 1 year	-11.20%	-10.14%	-1.06%
Max Drawdown (3Y) Largest decline over 3 years	-13.41%	-12.84%	-0.57%
Max Drawdown (5Y) Largest decline over 5 years	-29.15%	-24.05%	-5.10%
Max Drawdown (10Y) Largest decline over 10 years	—	-40.00%	—
Current Drawdown Current decline from peak	-0.13%	-0.75%	+0.62%
Average Drawdown Average peak-to-trough decline	-6.53%	-6.29%	-0.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.86%	2.58%	+0.28%

Volatility

IDEV vs. VYMI - Volatility Comparison

iShares Core MSCI International Developed Markets ETF (IDEV) has a higher volatility of 4.70% compared to Vanguard International High Dividend Yield ETF (VYMI) at 3.95%. This indicates that IDEV's price experiences larger fluctuations and is considered to be riskier than VYMI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IDEV	VYMI	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.70%	3.95%	+0.75%
Volatility (6M) Calculated over the trailing 6-month period	12.69%	11.13%	+1.56%
Volatility (1Y) Calculated over the trailing 1-year period	14.97%	13.23%	+1.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.33%	14.87%	+1.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.28%	16.82%	+0.46%

IDEV vs. VYMI - Expense Ratio Comparison

IDEV has a 0.05% expense ratio, which is lower than VYMI's 0.07% expense ratio. Despite the difference, 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. VYMI - Dividend Comparison

IDEV's dividend yield for the trailing twelve months is around 3.20%, less than VYMI's 3.62% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
IDEV iShares Core MSCI International Developed Markets ETF	3.20%	3.40%	3.30%	3.07%	2.69%	3.05%	2.00%	3.18%	3.16%	1.54%	0.00%
VYMI Vanguard International High Dividend Yield ETF	3.62%	3.68%	4.84%	4.58%	4.70%	4.30%	3.22%	4.20%	4.29%	3.21%	2.39%

Frequently Asked Questions

Can I hold both IDEV and VYMI in my portfolio?

With a correlation of 0.94, IDEV and VYMI move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, IDEV or VYMI?

IDEV has higher volatility (4.70%) compared to VYMI (3.95%). In terms of maximum drawdown, IDEV dropped -34.77% vs VYMI's -40.00%.

Which ETF is better, IDEV or VYMI?

On 5-year performance, VYMI leads with 12.87% vs 9.19% for IDEV. On fees, IDEV is cheaper at 0.05% per year. On volatility, VYMI 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, IDEV or VYMI?

Over the 5-year period, VYMI has performed better with a 12.87% return vs 9.19%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IDEV or VYMI?

IDEV is cheaper with a 0.05% expense ratio, compared with 0.07% for VYMI.

Which ETF pays a higher dividend yield, IDEV or VYMI?

VYMI has the higher dividend yield at 3.62%, compared with 3.20% for IDEV.

What is the main difference between IDEV and VYMI?

IDEV is categorized as Foreign Large Cap Equities, while VYMI is Dividend. IDEV tracks MSCI World ex USA Investable Market Index, while VYMI tracks FTSE All-World ex US High Dividend Yield Index. They also come from different issuers: iShares and Vanguard. Their fees differ too: 0.05% for IDEV and 0.07% for VYMI.

Which has better risk-adjusted returns?

VYMI currently has the higher Sharpe Ratio (2.50 vs 1.76), 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.