IEFV.L vs. XDEM.DE
IEFV.L (iShares Edge MSCI Europe Value Factor UCITS ETF) and XDEM.DE (Xtrackers MSCI World Momentum Factor UCITS ETF 1C) are both exchange-traded funds - IEFV.L is a Europe Equities fund tracking the MSCI Europe Value NR EUR, while XDEM.DE is a Momentum fund tracking the MSCI World Momentum Index. Both are passively managed. Over the past 10 years, IEFV.L returned 12.02%/yr vs 16.59%/yr for XDEM.DE. A 0.58 correlation means they provide meaningful diversification when combined. Both charge a 0.25% expense ratio.
Performance
IEFV.L vs. XDEM.DE - Performance Comparison
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Different Trading Currencies
IEFV.L is traded in GBp, while XDEM.DE is traded in EUR. To make them comparable, the XDEM.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 11.85% return, which is significantly lower than XDEM.DE's 19.70% return. Over the past 10 years, IEFV.L has underperformed XDEM.DE with an annualized return of 12.02%, while XDEM.DE has yielded a comparatively higher 16.59% annualized return.
IEFV.L
- 1D
- -0.12%
- 1M
- 3.20%
- YTD
- 11.85%
- 6M
- 14.76%
- 1Y
- 33.90%
- 3Y*
- 21.37%
- 5Y*
- 14.28%
- 10Y*
- 12.02%
XDEM.DE
- 1D
- 0.00%
- 1M
- 5.15%
- YTD
- 19.70%
- 6M
- 19.88%
- 1Y
- 32.82%
- 3Y*
- 26.08%
- 5Y*
- 14.56%
- 10Y*
- 16.59%
IEFV.L vs. XDEM.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IEFV.L iShares Edge MSCI Europe Value Factor UCITS ETF | 11.85% | 42.20% | 5.40% | 11.41% | 1.47% | 18.58% | -3.74% | 15.71% | -12.67% | 14.28% |
XDEM.DE Xtrackers MSCI World Momentum Factor UCITS ETF 1C | 19.70% | 13.71% | 32.20% | 6.02% | -8.92% | 15.94% | 23.12% | 24.74% | 2.23% | 21.03% |
Correlation
The correlation between IEFV.L and XDEM.DE is 0.55, 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 | 0.55 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.44 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.51 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.55 |
Correlation (All Time) Calculated using the full available price history since Jan 19, 2015 | 0.58 |
The correlation between IEFV.L and XDEM.DE shifts across timeframes, from 0.44 (3 years) to 0.58 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
IEFV.L vs. XDEM.DE — Risk / Return Rank
IEFV.L
XDEM.DE
IEFV.L vs. XDEM.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 Xtrackers MSCI World Momentum Factor UCITS ETF 1C (XDEM.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.
| IEFV.L | XDEM.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.51 | ||
| Sortino ratioReturn per unit of downside risk | +0.48 | ||
| Omega ratioGain probability vs. loss probability | 1.46 | 1.36 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 3.19 | 3.79 | -0.59 |
| Martin ratioReturn relative to average drawdown | 11.73 | 14.33 | -2.60 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| IEFV.L | XDEM.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.54 | 2.03 | +0.51 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.84 | 0.85 | -0.02 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.68 | 0.92 | -0.24 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.56 | 0.43 | +0.13 |
Drawdowns
IEFV.L vs. XDEM.DE - Drawdown Comparison
The maximum IEFV.L drawdown since its inception was -34.64%, which is greater than XDEM.DE's maximum drawdown of -29.11%. Use the drawdown chart below to compare losses from any high point for IEFV.L and XDEM.DE.
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Drawdown Indicators
| IEFV.L | XDEM.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.64% | -29.11% | -5.53% |
Max Drawdown (1Y)Largest decline over 1 year | -10.57% | -8.82% | -1.75% |
Max Drawdown (3Y)Largest decline over 3 years | -15.02% | -21.17% | +6.15% |
Max Drawdown (5Y)Largest decline over 5 years | -16.16% | -21.17% | +5.01% |
Max Drawdown (10Y)Largest decline over 10 years | -34.64% | -23.22% | -11.42% |
Current DrawdownCurrent decline from peak | -1.66% | -2.54% | +0.88% |
Average DrawdownAverage peak-to-trough decline | -6.21% | -7.46% | +1.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.88% | 2.34% | +0.54% |
Volatility
IEFV.L vs. XDEM.DE - Volatility Comparison
The current volatility for iShares Edge MSCI Europe Value Factor UCITS ETF (IEFV.L) is 3.71%, while Xtrackers MSCI World Momentum Factor UCITS ETF 1C (XDEM.DE) has a volatility of 5.83%. This indicates that IEFV.L experiences smaller price fluctuations and is considered to be less risky than XDEM.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 | XDEM.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.71% | 5.83% | -2.12% |
Volatility (6M)Calculated over the trailing 6-month period | 10.75% | 13.98% | -3.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.32% | 16.49% | -3.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.08% | 16.85% | +0.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.63% | 17.93% | -0.30% |
IEFV.L vs. XDEM.DE - Expense Ratio Comparison
Both IEFV.L and XDEM.DE 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
IEFV.L vs. XDEM.DE - Dividend Comparison
Neither IEFV.L nor XDEM.DE has paid dividends to shareholders.
Frequently Asked Questions
IEFV.L and XDEM.DE have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.25% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
IEFV.L and XDEM.DE have the same expense ratio: 0.25% per year.
IEFV.L is categorized as Europe Equities, while XDEM.DE is Momentum. IEFV.L tracks MSCI Europe Value NR EUR, while XDEM.DE tracks MSCI World Momentum Index. They also come from different issuers: iShares and DWS.
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