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IEFV.L vs. DJMC.AS
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IEFV.L vs. DJMC.AS

Last updated Jun 5, 2026

IEFV.L (iShares Edge MSCI Europe Value Factor UCITS ETF) and DJMC.AS (iShares EURO STOXX Mid UCITS ETF) are both Europe Equities funds from iShares - IEFV.L tracks the MSCI Europe Value NR EUR while DJMC.AS tracks the MSCI EMU SMID NR EUR. Both are passively managed. Over the past 10 years, IEFV.L returned 11.79%/yr vs 9.80%/yr for DJMC.AS. Their correlation of 0.84 suggests significant overlap in exposure. IEFV.L charges 0.25%/yr vs 0.40%/yr for DJMC.AS.

Performance

IEFV.L vs. DJMC.AS - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in iShares Edge MSCI Europe Value Factor UCITS ETF (IEFV.L) and iShares EURO STOXX Mid UCITS ETF (DJMC.AS). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

IEFV.L is traded in GBp, while DJMC.AS is traded in EUR. To make them comparable, the DJMC.AS values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, IEFV.L achieves a 12.95% return, which is significantly higher than DJMC.AS's 6.93% return. Over the past 10 years, IEFV.L has outperformed DJMC.AS with an annualized return of 11.79%, while DJMC.AS has yielded a comparatively lower 9.80% annualized return.

IEFV.L

1D
0.27%
1M
5.00%
YTD
12.95%
6M
16.06%
1Y
36.47%
3Y*
21.78%
5Y*
14.64%
10Y*
11.79%

DJMC.AS

1D
0.48%
1M
2.48%
YTD
6.93%
6M
9.87%
1Y
18.20%
3Y*
14.32%
5Y*
7.27%
10Y*
9.80%
*Multi-year figures are annualized to reflect compound growth (CAGR)

IEFV.L vs. DJMC.AS - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
IEFV.L
iShares Edge MSCI Europe Value Factor UCITS ETF		12.95%42.20%5.40%11.41%1.47%18.58%-3.74%15.71%-12.67%14.28%
DJMC.AS
iShares EURO STOXX Mid UCITS ETF		6.93%31.00%3.52%8.25%-10.54%9.49%7.88%16.40%-10.57%23.33%

Correlation

The correlation between IEFV.L and DJMC.AS is 0.78, 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

0.78

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

0.83

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

0.81

Correlation (10Y)
Calculated over the trailing 10-year period

0.83

Correlation (All Time)
Calculated using the full available price history since Jan 20, 2015

0.84

The correlation between IEFV.L and DJMC.AS has been stable across timeframes, ranging from 0.78 to 0.84 - a consistent structural relationship.

Compare stocks, funds, or ETFs

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iShares Edge MSCI Europe Value Factor UCITS ETF

iShares EURO STOXX Mid UCITS ETF

Often compared with IEFV.L:
IEFV.L vs. EVAL.LIEFV.L vs. BRK-BIEFV.L vs. NASL.LIEFV.L vs. SMEA.LIEFV.L vs. UC96.LIEFV.L vs. XDAX.LIEFV.L vs. EFV
Often compared with DJMC.AS:
DJMC.AS vs. TEET.ASDJMC.AS vs. IDJG.ASDJMC.AS vs. IAEX.ASDJMC.AS vs. IMEU.ASDJMC.AS vs. VEUR.ASDJMC.AS vs. ICHN.ASDJMC.AS vs. IDVY.AS

Return for Risk

IEFV.L vs. DJMC.AS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IEFV.L
IEFV.L Risk / Return Rank: 7878
Overall Rank
IEFV.L Sharpe Ratio Rank: 8585
Sharpe Ratio Rank
IEFV.L Sortino Ratio Rank: 8383
Sortino Ratio Rank
IEFV.L Omega Ratio Rank: 8484
Omega Ratio Rank
IEFV.L Calmar Ratio Rank: 7070
Calmar Ratio Rank
IEFV.L Martin Ratio Rank: 6969
Martin Ratio Rank
DJMC.AS
DJMC.AS Risk / Return Rank: 3636
Overall Rank
DJMC.AS Sharpe Ratio Rank: 3535
Sharpe Ratio Rank
DJMC.AS Sortino Ratio Rank: 3333
Sortino Ratio Rank
DJMC.AS Omega Ratio Rank: 3535
Omega Ratio Rank
DJMC.AS Calmar Ratio Rank: 3939
Calmar Ratio Rank
DJMC.AS Martin Ratio Rank: 3939
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.

IEFV.L vs. DJMC.AS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI Europe Value Factor UCITS ETF (IEFV.L) and iShares EURO STOXX Mid UCITS ETF (DJMC.AS). 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.

IEFV.LDJMC.ASDifference
Sharpe ratioReturn per unit of total volatility
2.74
1.49

+1.24

Sortino ratioReturn per unit of downside risk
3.69
2.05

+1.64

Omega ratioGain probability vs. loss probability

1.50

1.28

+0.22

Calmar ratioReturn relative to maximum drawdown

3.43

2.00

+1.44

Martin ratioReturn relative to average drawdown

12.64

6.70

+5.94

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

IEFV.L vs. DJMC.AS - Sharpe Ratio Comparison

The current IEFV.L Sharpe Ratio is 2.74, which is higher than the DJMC.AS Sharpe Ratio of 1.49. The chart below compares the historical Sharpe Ratios of IEFV.L and DJMC.AS, 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

IEFV.LDJMC.ASDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.74

1.49

+1.24

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.97

0.46

+0.52

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.71

0.59

+0.11

Sharpe Ratio (All Time)

Calculated using the full available price history

0.59

0.33

+0.27

Drawdowns

IEFV.L vs. DJMC.AS - Drawdown Comparison

The maximum IEFV.L drawdown since its inception was -34.64%, smaller than the maximum DJMC.AS drawdown of -47.93%. Use the drawdown chart below to compare losses from any high point for IEFV.L and DJMC.AS.

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Drawdown Indicators

IEFV.LDJMC.ASDifference

Max Drawdown

Largest peak-to-trough decline

-34.64%

-47.93%

+13.29%

Max Drawdown (1Y)

Largest decline over 1 year

-10.57%

-9.03%

-1.54%

Max Drawdown (3Y)

Largest decline over 3 years

-15.02%

-12.92%

-2.10%

Max Drawdown (5Y)

Largest decline over 5 years

-16.16%

-25.68%

+9.52%

Max Drawdown (10Y)

Largest decline over 10 years

-34.64%

-32.38%

-2.26%

Current Drawdown

Current decline from peak

-0.70%

-1.32%

+0.62%

Average Drawdown

Average peak-to-trough decline

-5.95%

-9.78%

+3.83%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.88%

2.71%

+0.17%

Volatility

IEFV.L vs. DJMC.AS - Volatility Comparison

iShares Edge MSCI Europe Value Factor UCITS ETF (IEFV.L) has a higher volatility of 4.25% compared to iShares EURO STOXX Mid UCITS ETF (DJMC.AS) at 3.04%. This indicates that IEFV.L's price experiences larger fluctuations and is considered to be riskier than DJMC.AS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

IEFV.LDJMC.ASDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.25%

3.04%

+1.21%

Volatility (6M)

Calculated over the trailing 6-month period

10.74%

9.90%

+0.84%

Volatility (1Y)

Calculated over the trailing 1-year period

13.27%

12.09%

+1.18%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

15.04%

15.88%

-0.84%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.70%

16.49%

+0.21%

IEFV.L vs. DJMC.AS - Expense Ratio Comparison

IEFV.L has a 0.25% expense ratio, which is lower than DJMC.AS's 0.40% expense ratio.

Dividends

IEFV.L vs. DJMC.AS - Dividend Comparison

IEFV.L has not paid dividends to shareholders, while DJMC.AS's dividend yield for the trailing twelve months is around 2.94%.

PositionTTM20252024202320222021202020192018201720162015
DJMC.AS
iShares EURO STOXX Mid UCITS ETF		2.94%3.20%3.37%2.55%2.40%1.76%1.45%2.55%2.97%2.18%2.22%2.03%
IEFV.L
iShares Edge MSCI Europe Value Factor UCITS ETF		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

IEFV.L and DJMC.AS have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, IEFV.L is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

IEFV.L is cheaper with a 0.25% expense ratio, compared with 0.40% for DJMC.AS.

IEFV.L tracks MSCI Europe Value NR EUR, while DJMC.AS tracks MSCI EMU SMID NR EUR. Their fees differ too: 0.25% for IEFV.L and 0.40% for DJMC.AS.

Portfolio Optimizer

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