Correlation
The correlation between IDLV and ACWV is 0.69, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
IDLV vs. ACWV
Compare and contrast key facts about Invesco S&P International Developed Low Volatility ETF (IDLV) and iShares MSCI Global Min Vol Factor ETF (ACWV).
IDLV and ACWV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IDLV is a passively managed fund by Invesco that tracks the performance of the S&P BMI International Developed Low Volatility Index. It was launched on Jan 13, 2012. ACWV is a passively managed fund by iShares that tracks the performance of the MSCI AC World Minimum Volatility (USD). It was launched on Oct 18, 2011. Both IDLV and ACWV 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: IDLV or ACWV.
Performance
IDLV vs. ACWV - Performance Comparison
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Key characteristics
IDLV:
1.76
ACWV:
1.56
IDLV:
2.31
ACWV:
2.00
IDLV:
1.33
ACWV:
1.30
IDLV:
2.20
ACWV:
2.16
IDLV:
5.63
ACWV:
9.18
IDLV:
3.89%
ACWV:
1.78%
IDLV:
13.06%
ACWV:
11.09%
IDLV:
-34.65%
ACWV:
-28.82%
IDLV:
-0.45%
ACWV:
-0.63%
Returns By Period
In the year-to-date period, IDLV achieves a 19.39% return, which is significantly higher than ACWV's 8.37% return. Over the past 10 years, IDLV has underperformed ACWV with an annualized return of 4.15%, while ACWV has yielded a comparatively higher 7.48% annualized return.
IDLV
19.39%
3.42%
14.50%
21.94%
7.26%
7.20%
4.15%
ACWV
8.37%
1.89%
4.04%
15.99%
8.50%
8.23%
7.48%
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IDLV vs. ACWV - Expense Ratio Comparison
IDLV has a 0.25% expense ratio, which is higher than ACWV's 0.20% 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%.
Risk-Adjusted Performance
IDLV vs. ACWV — Risk-Adjusted Performance Rank
IDLV
ACWV
IDLV vs. ACWV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P International Developed Low Volatility ETF (IDLV) and iShares MSCI Global Min Vol Factor ETF (ACWV). 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.
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Dividends
IDLV vs. ACWV - Dividend Comparison
IDLV's dividend yield for the trailing twelve months is around 2.95%, more than ACWV's 2.15% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IDLV Invesco S&P International Developed Low Volatility ETF | 2.95% | 3.41% | 3.59% | 4.69% | 2.99% | 2.30% | 5.48% | 3.94% | 3.05% | 3.92% | 3.93% | 3.25% |
ACWV iShares MSCI Global Min Vol Factor ETF | 2.15% | 2.33% | 2.41% | 2.18% | 1.92% | 1.77% | 2.54% | 2.32% | 2.04% | 2.56% | 2.28% | 2.23% |
Drawdowns
IDLV vs. ACWV - Drawdown Comparison
The maximum IDLV drawdown since its inception was -34.65%, which is greater than ACWV's maximum drawdown of -28.82%. Use the drawdown chart below to compare losses from any high point for IDLV and ACWV.
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Volatility
IDLV vs. ACWV - Volatility Comparison
Invesco S&P International Developed Low Volatility ETF (IDLV) and iShares MSCI Global Min Vol Factor ETF (ACWV) have volatilities of 2.97% and 3.05%, 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.
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