PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
IEUS vs. FDD
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IEUS vs. FDD

Last updated Jun 4, 2026

IEUS (iShares MSCI Europe Small-Cap ETF) and FDD (First Trust STOXX European Select Dividend Index Fund) are both Europe Equities funds - IEUS tracks the MSCI Europe Small Cap Index while FDD tracks the STOXX Europe Select Dividend 30. Both are passively managed. Over the past 10 years, IEUS returned 7.44%/yr vs 9.96%/yr for FDD. A 0.72 correlation means they provide meaningful diversification when combined. IEUS charges 0.40%/yr vs 0.58%/yr for FDD.

Performance

IEUS vs. FDD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI Europe Small-Cap ETF (IEUS) and First Trust STOXX European Select Dividend Index Fund (FDD). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, IEUS achieves a 5.69% return, which is significantly lower than FDD's 11.53% return. Over the past 10 years, IEUS has underperformed FDD with an annualized return of 7.44%, while FDD has yielded a comparatively higher 9.96% annualized return.

IEUS

1D
-1.28%
1M
1.99%
YTD
5.69%
6M
9.19%
1Y
14.01%
3Y*
14.06%
5Y*
2.76%
10Y*
7.44%

FDD

1D
-1.17%
1M
3.51%
YTD
11.53%
6M
17.78%
1Y
33.02%
3Y*
25.85%
5Y*
11.03%
10Y*
9.96%
*Multi-year figures are annualized to reflect compound growth (CAGR)

IEUS vs. FDD - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
IEUS
iShares MSCI Europe Small-Cap ETF		5.69%32.06%-1.59%17.34%-27.07%15.06%12.99%29.72%-20.17%35.04%
FDD
First Trust STOXX European Select Dividend Index Fund		11.53%62.50%0.28%14.16%-16.14%16.03%-3.80%23.79%-8.98%19.07%

Correlation

The correlation between IEUS and FDD is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

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

0.82

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

0.83

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

0.85

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

0.83

Correlation (All Time)
Calculated using the full available price history since Nov 20, 2007

0.72

The correlation between IEUS and FDD shifts across timeframes, from 0.72 (all time) to 0.85 (5 years), reflecting how their relationship changes across market environments.

IEUS vs. FDD - Sectors Allocation Comparison

Sectors
IEUS
FDD

Industrials

26.7%
12.5%

Financial Services

15.2%
52.2%

Consumer Cyclical

11.4%
12.3%

Real Estate

8.4%
3.5%

Basic Materials

7.5%
2.9%

Technology

7.4%

-

Healthcare

7.3%

-

Energy

5.1%
10.8%

Communication Services

5.0%
2.1%

Consumer Defensive

3.7%
3.7%

Utilities

2.4%
6.0%

Industrials

IEUS
26.7%
FDD
12.5%

Financial Services

IEUS
15.2%
FDD
52.2%

Consumer Cyclical

IEUS
11.4%
FDD
12.3%

Real Estate

IEUS
8.4%
FDD
3.5%

Basic Materials

IEUS
7.5%
FDD
2.9%

Technology

IEUS
7.4%
FDD

-

Healthcare

IEUS
7.3%
FDD

-

Energy

IEUS
5.1%
FDD
10.8%

Communication Services

IEUS
5.0%
FDD
2.1%

Consumer Defensive

IEUS
3.7%
FDD
3.7%

Utilities

IEUS
2.4%
FDD
6.0%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares MSCI Europe Small-Cap ETF

First Trust STOXX European Select Dividend Index Fund

Often compared with IEUS:
IEUS vs. SMEA.LIEUS vs. SPEUIEUS vs. DBEUIEUS vs. USSC.LIEUS vs. IPRP.LIEUS vs. VGKIEUS vs. VOO
Often compared with FDD:
FDD vs. EUFNFDD vs. FLAXFDD vs. VTIFDD vs. RFEUFDD vs. IQDFFDD vs. DVYFDD vs. IEUR

Return for Risk

IEUS vs. FDD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IEUS
IEUS Risk / Return Rank: 2525
Overall Rank
IEUS Sharpe Ratio Rank: 2525
Sharpe Ratio Rank
IEUS Sortino Ratio Rank: 2424
Sortino Ratio Rank
IEUS Omega Ratio Rank: 2424
Omega Ratio Rank
IEUS Calmar Ratio Rank: 2323
Calmar Ratio Rank
IEUS Martin Ratio Rank: 2727
Martin Ratio Rank
FDD
FDD Risk / Return Rank: 6464
Overall Rank
FDD Sharpe Ratio Rank: 6363
Sharpe Ratio Rank
FDD Sortino Ratio Rank: 6262
Sortino Ratio Rank
FDD Omega Ratio Rank: 6060
Omega Ratio Rank
FDD Calmar Ratio Rank: 7070
Calmar Ratio Rank
FDD Martin Ratio Rank: 6464
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.

IEUS vs. FDD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Europe Small-Cap ETF (IEUS) and First Trust STOXX European Select Dividend Index Fund (FDD). 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.

IEUSFDDDifference
Sharpe ratioReturn per unit of total volatility
0.89
2.16

-1.27

Sortino ratioReturn per unit of downside risk
1.33
2.98

-1.64

Omega ratioGain probability vs. loss probability

1.16

1.37

-0.21

Calmar ratioReturn relative to maximum drawdown

1.10

3.53

-2.43

Martin ratioReturn relative to average drawdown

3.75

11.86

-8.11

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

IEUS vs. FDD - Sharpe Ratio Comparison

The current IEUS Sharpe Ratio is 0.89, which is lower than the FDD Sharpe Ratio of 2.16. The chart below compares the historical Sharpe Ratios of IEUS and FDD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Sharpe Ratios by Period

IEUSFDDDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.89

2.16

-1.27

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.13

0.60

-0.47

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.36

0.50

-0.13

Sharpe Ratio (All Time)

Calculated using the full available price history

0.23

0.10

+0.14

Drawdowns

IEUS vs. FDD - Drawdown Comparison

The maximum IEUS drawdown since its inception was -62.12%, smaller than the maximum FDD drawdown of -74.77%. Use the drawdown chart below to compare losses from any high point for IEUS and FDD.

Loading charts...

Drawdown Indicators

IEUSFDDDifference

Max Drawdown

Largest peak-to-trough decline

-62.12%

-74.77%

+12.65%

Max Drawdown (1Y)

Largest decline over 1 year

-12.81%

-9.39%

-3.42%

Max Drawdown (3Y)

Largest decline over 3 years

-18.05%

-13.06%

-4.99%

Max Drawdown (5Y)

Largest decline over 5 years

-44.86%

-35.11%

-9.75%

Max Drawdown (10Y)

Largest decline over 10 years

-44.86%

-41.43%

-3.43%

Current Drawdown

Current decline from peak

-1.96%

-2.26%

+0.30%

Average Drawdown

Average peak-to-trough decline

-14.91%

-35.47%

+20.56%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.75%

2.79%

+0.96%

Volatility

IEUS vs. FDD - Volatility Comparison

iShares MSCI Europe Small-Cap ETF (IEUS) and First Trust STOXX European Select Dividend Index Fund (FDD) have volatilities of 5.42% and 5.22%, 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.

Loading charts...

Volatility by Period

IEUSFDDDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.42%

5.22%

+0.20%

Volatility (6M)

Calculated over the trailing 6-month period

13.06%

12.35%

+0.71%

Volatility (1Y)

Calculated over the trailing 1-year period

15.91%

15.43%

+0.48%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

20.78%

18.39%

+2.39%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

20.51%

20.16%

+0.35%

IEUS vs. FDD - Expense Ratio Comparison

IEUS has a 0.40% expense ratio, which is lower than FDD's 0.58% expense ratio.

Dividends

IEUS vs. FDD - Dividend Comparison

IEUS's dividend yield for the trailing twelve months is around 3.02%, less than FDD's 3.55% yield.

PositionTTM20252024202320222021202020192018201720162015
FDD
First Trust STOXX European Select Dividend Index Fund		3.55%3.99%7.65%6.85%6.07%3.44%4.01%4.69%5.05%2.78%4.88%4.35%
IEUS
iShares MSCI Europe Small-Cap ETF		3.02%3.19%3.25%2.97%3.00%2.63%1.21%4.03%3.21%2.13%2.48%2.06%

Frequently Asked Questions

IEUS and FDD have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

IEUS has higher volatility (5.42%) compared to FDD (5.22%). In terms of maximum drawdown, IEUS dropped -62.12% vs FDD's -74.77%.

On 10-year performance, FDD leads with 9.96% vs 7.44% for IEUS. On fees, IEUS is cheaper at 0.40% per year. On volatility, FDD has been the lower-risk option at 5.22%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, FDD has performed better with a 9.96% return vs 7.44%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

IEUS is cheaper with a 0.40% expense ratio, compared with 0.58% for FDD.

FDD has the higher dividend yield at 3.55%, compared with 3.02% for IEUS.

IEUS tracks MSCI Europe Small Cap Index, while FDD tracks STOXX Europe Select Dividend 30. They also come from different issuers: iShares and First Trust. Their fees differ too: 0.40% for IEUS and 0.58% for FDD.

FDD currently has the higher Sharpe Ratio (2.16 vs 0.89), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

Portfolio Optimizer

Find the right allocation for IEUS and FDD

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer