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IEDL.L vs. IEVL.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IEDL.L vs. IEVL.L

Last updated Jun 4, 2026

IEDL.L (iShares Edge MSCI Europe Value Factor UCITS ETF EUR (Dist)) and IEVL.L (iShares Edge MSCI Europe Value Factor UCITS ETF EUR Accumulating) are both Europe Equities funds from iShares - IEDL.L tracks the MSCI Europe Value NR EUR while IEVL.L tracks the MSCI Europe Enhanced Value Index. Both are passively managed. Over the past 5 years, IEDL.L returned 14.48%/yr vs 14.47%/yr for IEVL.L. With a 0.99 correlation, they move nearly in lockstep. Both charge a 0.25% expense ratio.

Performance

IEDL.L vs. IEVL.L - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares Edge MSCI Europe Value Factor UCITS ETF EUR (Dist) (IEDL.L) and iShares Edge MSCI Europe Value Factor UCITS ETF EUR Accumulating (IEVL.L). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

The year-to-date returns for both stocks are quite close, with IEDL.L having a 14.13% return and IEVL.L slightly lower at 13.90%.

IEDL.L

1D
-0.48%
1M
4.00%
YTD
14.13%
6M
18.09%
1Y
33.31%
3Y*
21.46%
5Y*
14.48%
10Y*
—

IEVL.L

1D
-0.56%
1M
3.91%
YTD
13.90%
6M
17.99%
1Y
32.88%
3Y*
21.45%
5Y*
14.47%
10Y*
10.76%
*Multi-year figures are annualized to reflect compound growth (CAGR)

IEDL.L vs. IEVL.L - Yearly Performance Comparison

2026 (YTD)20252024202320222021202020192018
IEDL.L
iShares Edge MSCI Europe Value Factor UCITS ETF EUR (Dist)		14.13%35.00%10.46%13.50%-3.75%26.71%-8.76%21.78%-12.14%
IEVL.L
iShares Edge MSCI Europe Value Factor UCITS ETF EUR Accumulating		13.90%35.00%10.59%13.55%-3.79%26.68%-8.75%21.75%-12.48%

Correlation

The correlation between IEDL.L and IEVL.L is 0.98 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.98

Correlation (3Y)
Calculated over the trailing 3-year period

0.99

Correlation (5Y)
Calculated over the trailing 5-year period

0.99

Correlation (All Time)
Calculated using the full available price history since Feb 28, 2018

0.99

The correlation between IEDL.L and IEVL.L has been stable across timeframes, ranging from 0.98 to 0.99 - a consistent structural relationship.

IEDL.L vs. IEVL.L - Sectors Allocation Comparison

Sectors
IEDL.L
IEVL.L

Financial Services

22.6%
22.6%

Industrials

17.0%
17.0%

Healthcare

12.3%
12.3%

Technology

12.2%
12.2%

Consumer Defensive

8.6%
8.6%

Basic Materials

6.2%
6.2%

Consumer Cyclical

6.2%
6.2%

Energy

5.1%
5.1%

Utilities

4.5%
4.5%

Communication Services

3.7%
3.7%

Real Estate

0.6%
0.6%

Financial Services

IEDL.L
22.6%
IEVL.L
22.6%

Industrials

IEDL.L
17.0%
IEVL.L
17.0%

Healthcare

IEDL.L
12.3%
IEVL.L
12.3%

Technology

IEDL.L
12.2%
IEVL.L
12.2%

Consumer Defensive

IEDL.L
8.6%
IEVL.L
8.6%

Basic Materials

IEDL.L
6.2%
IEVL.L
6.2%

Consumer Cyclical

IEDL.L
6.2%
IEVL.L
6.2%

Energy

IEDL.L
5.1%
IEVL.L
5.1%

Utilities

IEDL.L
4.5%
IEVL.L
4.5%

Communication Services

IEDL.L
3.7%
IEVL.L
3.7%

Real Estate

IEDL.L
0.6%
IEVL.L
0.6%

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iShares Edge MSCI Europe Value Factor UCITS ETF EUR (Dist)

iShares Edge MSCI Europe Value Factor UCITS ETF EUR Accumulating

Often compared with IEDL.L:
IEDL.L vs. S7XP.LIEDL.L vs. XHYG.DEIEDL.L vs. MVEW.DEIEDL.L vs. T3KE.DEIEDL.L vs. EUMD.LIEDL.L vs. CNX1.LIEDL.L vs. VEUR.L
Often compared with IEVL.L:
IEVL.L vs. AINF.LIEVL.L vs. FBTU.LIEVL.L vs. IUCS.LIEVL.L vs. CSKR.LIEVL.L vs. 36BA.DEIEVL.L vs. IEMA.LIEVL.L vs. GLD

Return for Risk

IEDL.L vs. IEVL.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IEDL.L
IEDL.L Risk / Return Rank: 7272
Overall Rank
IEDL.L Sharpe Ratio Rank: 7575
Sharpe Ratio Rank
IEDL.L Sortino Ratio Rank: 7373
Sortino Ratio Rank
IEDL.L Omega Ratio Rank: 7575
Omega Ratio Rank
IEDL.L Calmar Ratio Rank: 6969
Calmar Ratio Rank
IEDL.L Martin Ratio Rank: 6969
Martin Ratio Rank
IEVL.L
IEVL.L Risk / Return Rank: 7070
Overall Rank
IEVL.L Sharpe Ratio Rank: 7373
Sharpe Ratio Rank
IEVL.L Sortino Ratio Rank: 7272
Sortino Ratio Rank
IEVL.L Omega Ratio Rank: 7272
Omega Ratio Rank
IEVL.L Calmar Ratio Rank: 6767
Calmar Ratio Rank
IEVL.L Martin Ratio Rank: 6767
Martin Ratio Rank
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.

IEDL.L vs. IEVL.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI Europe Value Factor UCITS ETF EUR (Dist) (IEDL.L) and iShares Edge MSCI Europe Value Factor UCITS ETF EUR Accumulating (IEVL.L). 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.

IEDL.LIEVL.LDifference
Sharpe ratioReturn per unit of total volatility
2.44
2.39

+0.05

Sortino ratioReturn per unit of downside risk
3.32
3.26

+0.06

Omega ratioGain probability vs. loss probability

1.45

1.43

+0.01

Calmar ratioReturn relative to maximum drawdown

3.42

3.35

+0.07

Martin ratioReturn relative to average drawdown

12.72

12.49

+0.23

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IEDL.L vs. IEVL.L - Sharpe Ratio Comparison

The current IEDL.L Sharpe Ratio is 2.44, which is comparable to the IEVL.L Sharpe Ratio of 2.39. The chart below compares the historical Sharpe Ratios of IEDL.L and IEVL.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

IEDL.LIEVL.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.44

2.39

+0.05

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.94

0.94

0.00

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.61

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.59

0.49

+0.10

Drawdowns

IEDL.L vs. IEVL.L - Drawdown Comparison

The maximum IEDL.L drawdown since its inception was -39.74%, roughly equal to the maximum IEVL.L drawdown of -40.09%. Use the drawdown chart below to compare losses from any high point for IEDL.L and IEVL.L.

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Drawdown Indicators

IEDL.LIEVL.LDifference

Max Drawdown

Largest peak-to-trough decline

-39.74%

-40.09%

+0.35%

Max Drawdown (1Y)

Largest decline over 1 year

-9.70%

-9.78%

+0.08%

Max Drawdown (3Y)

Largest decline over 3 years

-17.52%

-17.49%

-0.03%

Max Drawdown (5Y)

Largest decline over 5 years

-19.57%

-19.55%

-0.02%

Max Drawdown (10Y)

Largest decline over 10 years

—

-40.09%

—

Current Drawdown

Current decline from peak

-0.66%

-0.82%

+0.16%

Average Drawdown

Average peak-to-trough decline

-6.19%

-7.51%

+1.32%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.61%

2.63%

-0.02%

Volatility

IEDL.L vs. IEVL.L - Volatility Comparison

iShares Edge MSCI Europe Value Factor UCITS ETF EUR (Dist) (IEDL.L) and iShares Edge MSCI Europe Value Factor UCITS ETF EUR Accumulating (IEVL.L) have volatilities of 4.83% and 4.92%, 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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Volatility by Period

IEDL.LIEVL.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.83%

4.92%

-0.09%

Volatility (6M)

Calculated over the trailing 6-month period

10.95%

10.95%

0.00%

Volatility (1Y)

Calculated over the trailing 1-year period

13.60%

13.70%

-0.10%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

15.42%

15.36%

+0.06%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.97%

17.67%

+0.30%

IEDL.L vs. IEVL.L - Expense Ratio Comparison

Both IEDL.L and IEVL.L have an expense ratio of 0.25%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

IEDL.L vs. IEVL.L - Dividend Comparison

IEDL.L's dividend yield for the trailing twelve months is around 3.01%, while IEVL.L has not paid dividends to shareholders.

PositionTTM20252024202320222021202020192018
IEDL.L
iShares Edge MSCI Europe Value Factor UCITS ETF EUR (Dist)		3.01%3.44%4.22%4.76%4.23%3.56%2.32%3.86%3.19%
IEVL.L
iShares Edge MSCI Europe Value Factor UCITS ETF EUR Accumulating		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

With a correlation of 0.98, IEDL.L and IEVL.L 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.

Both ETFs have the same 0.25% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

IEDL.L and IEVL.L have the same expense ratio: 0.25% per year.

IEDL.L tracks MSCI Europe Value NR EUR, while IEVL.L tracks MSCI Europe Enhanced Value Index.

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