IDVY.L vs. PTEU

Last updated Jun 5, 2026

IDVY.L (iShares EURO Dividend UCITS) and PTEU (Pacer Trendpilot European Index ETF) are both Europe Equities funds - IDVY.L tracks the MSCI EMU NR EUR while PTEU tracks the Pacer Trendpilot European Index. Both are passively managed. Over the past 10 years, IDVY.L returned 9.21%/yr vs 5.07%/yr for PTEU. At a 0.48 correlation, their price movements are largely independent. IDVY.L charges 0.40%/yr vs 0.65%/yr for PTEU.

Performance

IDVY.L vs. PTEU - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in iShares EURO Dividend UCITS (IDVY.L) and Pacer Trendpilot European Index ETF (PTEU). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

IDVY.L is traded in GBp, while PTEU is traded in USD. To make them comparable, the PTEU values have been converted to GBp using the latest available exchange rates.

Returns By Period

The year-to-date returns for both stocks are quite close, with IDVY.L having a 7.47% return and PTEU slightly lower at 7.20%. Over the past 10 years, IDVY.L has outperformed PTEU with an annualized return of 9.21%, while PTEU has yielded a comparatively lower 5.07% annualized return.

IDVY.L

• 1D: 0.59%
• 1M: 3.64%
• YTD: 7.47%
• 6M: 10.08%
• 1Y: 25.25%
• 3Y*: 21.28%
• 5Y*: 10.17%
• 10Y*: 9.21%

PTEU

• 1D: 0.50%
• 1M: 3.89%
• YTD: 7.20%
• 6M: 8.11%
• 1Y: 18.96%
• 3Y*: 8.44%
• 5Y*: 8.50%
• 10Y*: 5.07%

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

IDVY.L vs. PTEU - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IDVY.L iShares EURO Dividend UCITS	7.47%	50.03%	4.50%	3.07%	-7.25%	16.41%	-12.91%	15.92%	-9.44%	14.46%
PTEU Pacer Trendpilot European Index ETF	7.20%	21.49%	1.24%	6.83%	3.55%	14.50%	-21.77%	9.18%	-11.94%	17.76%

Correlation

The correlation between IDVY.L and PTEU is 0.58, 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	0.58
Correlation (3Y) Calculated over the trailing 3-year period	0.56
Correlation (5Y) Calculated over the trailing 5-year period	0.47
Correlation (10Y) Calculated over the trailing 10-year period	0.50
Correlation (All Time) Calculated using the full available price history since Jan 5, 2016	0.48

The correlation between IDVY.L and PTEU shifts across timeframes, from 0.47 (5 years) to 0.58 (1 year), reflecting how their relationship changes across market environments.

IDVY.L vs. PTEU - Sectors Allocation Comparison

Sectors	IDVY.L	PTEU
Financial Services	47.1%	25.1%
Industrials	15.9%	20.9%
Consumer Cyclical	9.7%	8.5%
Utilities	8.6%	7.1%
Communication Services	5.8%	3.6%
Energy	5.0%	4.0%
Consumer Defensive	4.5%	5.1%
Healthcare	3.3%	5.7%
Basic Materials	-	4.2%
Real Estate	-	1.2%
Technology	-	14.6%

Return for Risk

IDVY.L vs. PTEU — Risk / Return Rank

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

IDVY.L

IDVY.L Risk / Return Rank: 61
IDVY.L Sharpe Ratio Rank: 64
IDVY.L Sortino Ratio Rank: 62
IDVY.L Omega Ratio Rank: 66
IDVY.L Calmar Ratio Rank: 58
IDVY.L Martin Ratio Rank: 57

PTEU

PTEU Risk / Return Rank: 30
PTEU Sharpe Ratio Rank: 30
PTEU Sortino Ratio Rank: 30
PTEU Omega Ratio Rank: 30
PTEU Calmar Ratio Rank: 29
PTEU Martin Ratio Rank: 33

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.

IDVY.L vs. PTEU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares EURO Dividend UCITS (IDVY.L) and Pacer Trendpilot European Index ETF (PTEU). 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.

	IDVY.L	PTEU	Difference
Sharpe ratio: Return per unit of total volatility	2.10	1.31	+0.80
Sortino ratio: Return per unit of downside risk	2.86	1.88	+0.98
Omega ratio: Gain probability vs. loss probability	1.39	1.24	+0.15
Calmar ratio: Return relative to maximum drawdown	2.82	1.65	+1.17
Martin ratio: Return relative to average drawdown	9.79	5.93	+3.85
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IDVY.L vs. PTEU - Sharpe Ratio Comparison

The current IDVY.L Sharpe Ratio is 2.10, which is higher than the PTEU Sharpe Ratio of 1.31. The chart below compares the historical Sharpe Ratios of IDVY.L and PTEU, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	IDVY.L	PTEU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.10	1.31	+0.80
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.66	0.60	+0.06
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.53	0.34	+0.19
Sharpe Ratio (All Time) Calculated using the full available price history	0.42	0.35	+0.07

Drawdowns

IDVY.L vs. PTEU - Drawdown Comparison

The maximum IDVY.L drawdown since its inception was -60.84%, which is greater than PTEU's maximum drawdown of -30.98%. Use the drawdown chart below to compare losses from any high point for IDVY.L and PTEU.

Drawdown Indicators

	IDVY.L	PTEU	Difference
Max Drawdown Largest peak-to-trough decline	-60.84%	-30.98%	-29.86%
Max Drawdown (1Y) Largest decline over 1 year	-8.92%	-11.53%	+2.61%
Max Drawdown (3Y) Largest decline over 3 years	-10.50%	-13.50%	+3.00%
Max Drawdown (5Y) Largest decline over 5 years	-20.95%	-13.50%	-7.45%
Max Drawdown (10Y) Largest decline over 10 years	-39.08%	-30.98%	-8.10%
Current Drawdown Current decline from peak	-0.98%	-0.41%	-0.57%
Average Drawdown Average peak-to-trough decline	-12.30%	-9.46%	-2.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.57%	3.20%	-0.63%

Volatility

IDVY.L vs. PTEU - Volatility Comparison

The current volatility for iShares EURO Dividend UCITS (IDVY.L) is 3.50%, while Pacer Trendpilot European Index ETF (PTEU) has a volatility of 4.82%. This indicates that IDVY.L experiences smaller price fluctuations and is considered to be less risky than PTEU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IDVY.L	PTEU	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.50%	4.82%	-1.32%
Volatility (6M) Calculated over the trailing 6-month period	9.53%	12.19%	-2.66%
Volatility (1Y) Calculated over the trailing 1-year period	11.94%	14.60%	-2.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.36%	14.16%	+1.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.39%	15.01%	+2.38%

IDVY.L vs. PTEU - Expense Ratio Comparison

IDVY.L has a 0.40% expense ratio, which is lower than PTEU's 0.65% expense ratio.

Dividends

IDVY.L vs. PTEU - Dividend Comparison

IDVY.L's dividend yield for the trailing twelve months is around 4.61%, more than PTEU's 1.80% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IDVY.L iShares EURO Dividend UCITS	4.61%	5.00%	7.04%	6.70%	5.92%	4.40%	3.97%	5.68%	5.34%	4.40%	4.63%	10.91%
PTEU Pacer Trendpilot European Index ETF	1.80%	1.92%	3.49%	2.74%	0.69%	1.55%	0.00%	3.43%	1.86%	0.60%	0.00%	0.00%

Frequently Asked Questions

Can I hold both IDVY.L and PTEU in my portfolio?

IDVY.L and PTEU have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IDVY.L or PTEU?

On fees, IDVY.L is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IDVY.L or PTEU?

IDVY.L is cheaper with a 0.40% expense ratio, compared with 0.65% for PTEU.

What is the main difference between IDVY.L and PTEU?

IDVY.L tracks MSCI EMU NR EUR, while PTEU tracks Pacer Trendpilot European Index. They also come from different issuers: iShares and Pacer. Their fees differ too: 0.40% for IDVY.L and 0.65% for PTEU.