IEFV.L vs. ESIE.DE
IEFV.L (iShares Edge MSCI Europe Value Factor UCITS ETF) and ESIE.DE (iShares MSCI Europe Energy Sector UCITS ETF EUR (Acc)) are both exchange-traded funds - IEFV.L is a Europe Equities fund tracking the MSCI Europe Value NR EUR, while ESIE.DE is a Energy Equities fund tracking the MSCI World/Energy NR USD. Both are passively managed. Over the past 5 years, IEFV.L returned 14.55%/yr vs 19.28%/yr for ESIE.DE. At a 0.40 correlation, their price movements are largely independent. IEFV.L charges 0.25%/yr vs 0.18%/yr for ESIE.DE.
Performance
IEFV.L vs. ESIE.DE - Performance Comparison
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Different Trading Currencies
IEFV.L is traded in GBp, while ESIE.DE is traded in EUR. To make them comparable, the ESIE.DE 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 13.29% return, which is significantly lower than ESIE.DE's 33.15% return.
IEFV.L
- 1D
- 2.32%
- 1M
- 3.09%
- YTD
- 13.29%
- 6M
- 14.84%
- 1Y
- 34.42%
- 3Y*
- 21.49%
- 5Y*
- 14.55%
- 10Y*
- 12.53%
ESIE.DE
- 1D
- -2.01%
- 1M
- 0.67%
- YTD
- 33.15%
- 6M
- 33.69%
- 1Y
- 49.03%
- 3Y*
- 17.22%
- 5Y*
- 19.28%
- 10Y*
- —
IEFV.L vs. ESIE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
IEFV.L iShares Edge MSCI Europe Value Factor UCITS ETF | 13.29% | 42.20% | 5.40% | 11.41% | 1.47% | 18.58% | 3.83% |
ESIE.DE iShares MSCI Europe Energy Sector UCITS ETF EUR (Acc) | 33.15% | 21.21% | -10.70% | 6.47% | 42.99% | 25.74% | 6.20% |
Correlation
The correlation between IEFV.L and ESIE.DE is -0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.27 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.38 |
Correlation (All Time) Calculated using the full available price history since Nov 18, 2020 | 0.40 |
The correlation between IEFV.L and ESIE.DE shifts across timeframes, from -0.02 (1 year) to 0.40 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
IEFV.L vs. ESIE.DE — Risk / Return Rank
IEFV.L
ESIE.DE
IEFV.L vs. ESIE.DE - 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 MSCI Europe Energy Sector UCITS ETF EUR (Acc) (ESIE.DE). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| IEFV.L | ESIE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.41 | ||
| Sortino ratioReturn per unit of downside risk | +0.86 | ||
| Omega ratioGain probability vs. loss probability | 1.46 | 1.37 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 3.24 | 3.85 | -0.61 |
| Martin ratioReturn relative to average drawdown | 11.85 | 11.24 | +0.62 |
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Drawdowns
IEFV.L vs. ESIE.DE - Drawdown Comparison
The maximum IEFV.L drawdown since its inception was -34.64%, which is greater than ESIE.DE's maximum drawdown of -26.24%. Use the drawdown chart below to compare losses from any high point for IEFV.L and ESIE.DE.
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Drawdown Indicators
| IEFV.L | ESIE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.64% | -26.24% | -8.40% |
Max Drawdown (1Y)Largest decline over 1 year | -10.57% | -12.66% | +2.09% |
Max Drawdown (3Y)Largest decline over 3 years | -15.02% | -26.24% | +11.22% |
Max Drawdown (5Y)Largest decline over 5 years | -16.16% | -26.24% | +10.08% |
Max Drawdown (10Y)Largest decline over 10 years | -34.64% | — | — |
Current DrawdownCurrent decline from peak | -0.39% | -8.64% | +8.25% |
Average DrawdownAverage peak-to-trough decline | -6.20% | -7.10% | +0.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.90% | 4.35% | -1.45% |
Volatility
IEFV.L vs. ESIE.DE - Volatility Comparison
The current volatility for iShares Edge MSCI Europe Value Factor UCITS ETF (IEFV.L) is 4.41%, while iShares MSCI Europe Energy Sector UCITS ETF EUR (Acc) (ESIE.DE) has a volatility of 7.00%. This indicates that IEFV.L experiences smaller price fluctuations and is considered to be less risky than ESIE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IEFV.L | ESIE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.41% | 7.00% | -2.59% |
Volatility (6M)Calculated over the trailing 6-month period | 11.07% | 20.12% | -9.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.57% | 23.11% | -9.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.11% | 23.48% | -6.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.63% | 23.91% | -6.28% |
IEFV.L vs. ESIE.DE - Expense Ratio Comparison
IEFV.L has a 0.25% expense ratio, which is higher than ESIE.DE's 0.18% 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%.
Dividends
IEFV.L vs. ESIE.DE - Dividend Comparison
Neither IEFV.L nor ESIE.DE has paid dividends to shareholders.
Frequently Asked Questions
IEFV.L and ESIE.DE have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ESIE.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ESIE.DE is cheaper with a 0.18% expense ratio, compared with 0.25% for IEFV.L.
IEFV.L is categorized as Europe Equities, while ESIE.DE is Energy Equities. IEFV.L tracks MSCI Europe Value NR EUR, while ESIE.DE tracks MSCI World/Energy NR USD. Their fees differ too: 0.25% for IEFV.L and 0.18% for ESIE.DE.
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