IESU.L vs. IWVU.L

Last updated Jul 21, 2026

IESU.L (iShares S&P 500 Energy Sector UCITS ETF USD (Acc)) and IWVU.L (iShares Edge MSCI World Value Factor UCITS ETF USD (Dist)) are both exchange-traded funds - IESU.L is a Energy Equities fund tracking the S&P 500 Capped 35/20 Energy Index NTR, while IWVU.L is a Large Cap Value Equities fund tracking the MSCI World Enhanced Value Index (Net). Both are passively managed. Over the past 5 years, IESU.L returned 23.21%/yr vs 16.81%/yr for IWVU.L. At a 0.45 correlation, their price movements are largely independent. IESU.L charges 0.15%/yr vs 0.25%/yr for IWVU.L.

Performance

IESU.L vs. IWVU.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in iShares S&P 500 Energy Sector UCITS ETF USD (Acc) (IESU.L) and iShares Edge MSCI World Value Factor UCITS ETF USD (Dist) (IWVU.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

IESU.L is traded in GBp, while IWVU.L is traded in USD. To make them comparable, the IWVU.L values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, IESU.L achieves a 30.39% return, which is significantly higher than IWVU.L's 28.32% return.

IESU.L

• 1D: 1.39%
• 1M: 6.94%
• 6M: 22.87%
• YTD: 30.39%
• 1Y: 38.56%
• 3Y*: 12.77%
• 5Y*: 23.21%
• 10Y*: 8.70%
• ALL TIME*: 6.04%

IWVU.L

• 1D: 0.47%
• 1M: -5.59%
• 6M: 24.36%
• YTD: 28.32%
• 1Y: 54.42%
• 3Y*: 23.68%
• 5Y*: 16.81%
• 10Y*: —
• ALL TIME*: 11.14%

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

IESU.L vs. IWVU.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
IESU.L iShares S&P 500 Energy Sector UCITS ETF USD (Acc)	30.39%	2.26%	5.45%	-5.96%	83.53%	53.82%	-35.62%	5.37%	-4.14%
IWVU.L iShares Edge MSCI World Value Factor UCITS ETF USD (Dist)	28.32%	30.57%	6.68%	13.75%	0.84%	21.27%	-6.42%	13.52%	-8.16%

Correlation

The correlation between IESU.L and IWVU.L is -0.10, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.10
Correlation (3Y) Calculated over the trailing 3-year period	0.18
Correlation (5Y) Calculated over the trailing 5-year period	0.29
Correlation (All Time) Calculated using the full available price history since Feb 27, 2018	0.45

The correlation between IESU.L and IWVU.L shifts across timeframes, from -0.10 (1 year) to 0.45 (all time), reflecting how their relationship changes across market environments.

IESU.L vs. IWVU.L - Sectors Allocation Comparison

Sectors	IESU.L	IWVU.L
Energy	100.0%	3.4%
Basic Materials	-	2.5%
Communication Services	-	7.4%
Consumer Cyclical	-	8.3%
Consumer Defensive	-	4.8%
Financial Services	-	15.0%
Healthcare	-	8.3%
Industrials	-	10.9%
Real Estate	-	1.6%
Technology	-	35.5%
Utilities	-	2.4%

Return for Risk

IESU.L vs. IWVU.L — Risk / Return Rank

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

IESU.L

IESU.L Risk / Return Rank: 57
IESU.L Sharpe Ratio Rank: 65
IESU.L Sortino Ratio Rank: 56
IESU.L Omega Ratio Rank: 61
IESU.L Calmar Ratio Rank: 60
IESU.L Martin Ratio Rank: 45

IWVU.L

IWVU.L Risk / Return Rank: 96
IWVU.L Sharpe Ratio Rank: 96
IWVU.L Sortino Ratio Rank: 96
IWVU.L Omega Ratio Rank: 95
IWVU.L Calmar Ratio Rank: 96
IWVU.L Martin Ratio Rank: 95

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.

IESU.L vs. IWVU.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares S&P 500 Energy Sector UCITS ETF USD (Acc) (IESU.L) and iShares Edge MSCI World Value Factor UCITS ETF USD (Dist) (IWVU.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.

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.

	IESU.L	IWVU.L	Difference
Sharpe ratio: Return per unit of total volatility	1.56	3.29	-1.73
Sortino ratio: Return per unit of downside risk	2.02	4.39	-2.37
Omega ratio: Gain probability vs. loss probability	1.28	1.60	-0.32
Calmar ratio: Return relative to maximum drawdown	2.21	7.33	-5.12
Martin ratio: Return relative to average drawdown	5.35	23.65	-18.30

IESU.L vs. IWVU.L - Sharpe Ratio Comparison

The current IESU.L Sharpe Ratio is 1.56, which is lower than the IWVU.L Sharpe Ratio of 3.29. The chart below compares the historical Sharpe Ratios of IESU.L and IWVU.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.

Drawdowns

IESU.L vs. IWVU.L - Drawdown Comparison

The maximum IESU.L drawdown since its inception was -63.88%, which is greater than IWVU.L's maximum drawdown of -28.27%. Use the drawdown chart below to compare losses from any high point for IESU.L and IWVU.L.

Drawdown Indicators

	IESU.L	IWVU.L	Difference
Max Drawdown Largest peak-to-trough decline	-63.88%	-28.27%	-35.61%
Max Drawdown (1Y) Largest decline over 1 year	-17.34%	-7.38%	-9.96%
Max Drawdown (3Y) Largest decline over 3 years	-26.36%	-13.99%	-12.37%
Max Drawdown (5Y) Largest decline over 5 years	-26.36%	-13.99%	-12.37%
Max Drawdown (10Y) Largest decline over 10 years	-62.16%	—	—
Current Drawdown Current decline from peak	-9.40%	-6.48%	-2.92%
Average Drawdown Average peak-to-trough decline	-20.50%	-4.35%	-16.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.19%	2.29%	+4.90%

Volatility

IESU.L vs. IWVU.L - Volatility Comparison

iShares S&P 500 Energy Sector UCITS ETF USD (Acc) (IESU.L) has a higher volatility of 7.54% compared to iShares Edge MSCI World Value Factor UCITS ETF USD (Dist) (IWVU.L) at 6.46%. This indicates that IESU.L's price experiences larger fluctuations and is considered to be riskier than IWVU.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IESU.L	IWVU.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.54%	6.46%	+1.08%
Volatility (6M) Calculated over the trailing 6-month period	21.76%	14.61%	+7.15%
Volatility (1Y) Calculated over the trailing 1-year period	24.61%	16.48%	+8.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.98%	14.68%	+14.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.17%	16.69%	+12.48%

IESU.L vs. IWVU.L - Expense Ratio Comparison

IESU.L has a 0.15% expense ratio, which is lower than IWVU.L's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

IESU.L vs. IWVU.L - Dividend Comparison

IESU.L has not paid dividends to shareholders, while IWVU.L's dividend yield for the trailing twelve months is around 1.92%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
IESU.L iShares S&P 500 Energy Sector UCITS ETF USD (Acc)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
IWVU.L iShares Edge MSCI World Value Factor UCITS ETF USD (Dist)	1.92%	2.50%	3.17%	3.23%	3.17%	2.63%	2.25%	2.83%	2.51%

Frequently Asked Questions

Can I hold both IESU.L and IWVU.L in my portfolio?

IESU.L and IWVU.L have a correlation of -0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IESU.L or IWVU.L?

On fees, IESU.L is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IESU.L or IWVU.L?

IESU.L is cheaper with a 0.15% expense ratio, compared with 0.25% for IWVU.L.

What is the main difference between IESU.L and IWVU.L?

IESU.L is categorized as Energy Equities, while IWVU.L is Large Cap Value Equities. IESU.L tracks S&P 500 Capped 35/20 Energy Index NTR, while IWVU.L tracks MSCI World Enhanced Value Index (Net). Their fees differ too: 0.15% for IESU.L and 0.25% for IWVU.L.