IDYN vs. VEU

Last updated Jun 6, 2026

IDYN (iShares International Equity Factor Rotation Active ETF) and VEU (Vanguard FTSE All-World ex-US ETF) are both Foreign Large Cap Equities funds. IDYN is actively managed, while VEU is passively managed. Their correlation of 0.91 suggests significant overlap in exposure. IDYN charges 0.40%/yr vs 0.04%/yr for VEU.

Performance

IDYN vs. VEU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares International Equity Factor Rotation Active ETF (IDYN) and Vanguard FTSE All-World ex-US ETF (VEU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IDYN achieves a 6.26% return, which is significantly lower than VEU's 10.46% return.

IDYN

• 1D: -2.79%
• 1M: -2.27%
• YTD: 6.26%
• 6M: 8.83%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

VEU

• 1D: -3.76%
• 1M: -1.35%
• YTD: 10.46%
• 6M: 12.49%
• 1Y: 26.24%
• 3Y*: 18.01%
• 5Y*: 7.88%
• 10Y*: 9.37%

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

IDYN vs. VEU - Yearly Performance Comparison

	2026 (YTD)	2025
IDYN iShares International Equity Factor Rotation Active ETF	6.26%	10.87%
VEU Vanguard FTSE All-World ex-US ETF	10.46%	10.18%

Correlation

The correlation between IDYN and VEU is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 8, 2025	0.91

Return for Risk

IDYN vs. VEU — Risk / Return Rank

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

VEU

VEU Risk / Return Rank: 50
VEU Sharpe Ratio Rank: 50
VEU Sortino Ratio Rank: 48
VEU Omega Ratio Rank: 52
VEU Calmar Ratio Rank: 48
VEU Martin Ratio Rank: 54

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.

IDYN vs. VEU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares International Equity Factor Rotation Active ETF (IDYN) and Vanguard FTSE All-World ex-US ETF (VEU). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	IDYN	VEU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.70	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.49	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.55	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.28	0.24	+1.04

Drawdowns

IDYN vs. VEU - Drawdown Comparison

The maximum IDYN drawdown since its inception was -12.68%, smaller than the maximum VEU drawdown of -61.52%. Use the drawdown chart below to compare losses from any high point for IDYN and VEU.

Drawdown Indicators

	IDYN	VEU	Difference
Max Drawdown Largest peak-to-trough decline	-12.68%	-61.52%	+48.84%
Max Drawdown (1Y) Largest decline over 1 year	—	-11.43%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-13.69%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-29.31%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-34.98%	—
Current Drawdown Current decline from peak	-6.16%	-4.55%	-1.61%
Average Drawdown Average peak-to-trough decline	-2.46%	-13.13%	+10.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.95%	—

Volatility

Volatility by Period

	IDYN	VEU	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.16%	—
Volatility (6M) Calculated over the trailing 6-month period	—	13.63%	—
Volatility (1Y) Calculated over the trailing 1-year period	17.14%	15.75%	+1.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.14%	16.15%	+0.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.14%	17.24%	-0.10%

IDYN vs. VEU - Expense Ratio Comparison

IDYN has a 0.40% expense ratio, which is higher than VEU's 0.04% expense ratio.

Dividends

IDYN vs. VEU - Dividend Comparison

IDYN's dividend yield for the trailing twelve months is around 0.39%, less than VEU's 2.70% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IDYN iShares International Equity Factor Rotation Active ETF	0.39%	0.42%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VEU Vanguard FTSE All-World ex-US ETF	2.70%	3.09%	3.24%	3.32%	3.12%	3.08%	2.00%	3.10%	3.27%	2.66%	2.96%	2.95%

Frequently Asked Questions

Can I hold both IDYN and VEU in my portfolio?

With a correlation of 0.91, IDYN and VEU 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 ETF is better, IDYN or VEU?

On fees, VEU is cheaper at 0.04% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IDYN or VEU?

VEU is cheaper with a 0.04% expense ratio, compared with 0.40% for IDYN.

Which ETF pays a higher dividend yield, IDYN or VEU?

VEU has the higher dividend yield at 2.70%, compared with 0.39% for IDYN.

What is the main difference between IDYN and VEU?

They also come from different issuers: iShares and Vanguard. Their fees differ too: 0.40% for IDYN and 0.04% for VEU.