IEV vs. IEUR
Compare and contrast key facts about iShares Europe ETF (IEV) and iShares Core MSCI Europe ETF (IEUR).
IEV and IEUR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IEV is a passively managed fund by iShares that tracks the performance of the S&P Europe 350 Index. It was launched on Jul 25, 2000. IEUR is a passively managed fund by iShares that tracks the performance of the MSCI Europe Investable Market Index. It was launched on Jun 10, 2014. Both IEV and IEUR are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IEV or IEUR.
Performance
IEV vs. IEUR - Performance Comparison
Returns By Period
As of year-to-date, both investments have demonstrated similar returns, with IEV at 2.58% and IEUR at 2.58%. Over the past 10 years, IEV has underperformed IEUR with an annualized return of 4.64%, while IEUR has yielded a comparatively higher 5.04% annualized return.
IEV
2.58%
-6.98%
-6.30%
8.67%
6.16%
4.64%
IEUR
2.58%
-7.09%
-6.20%
8.93%
6.00%
5.04%
Key characteristics
| IEV | IEUR | |
|---|---|---|
| Sharpe Ratio | 0.70 | 0.72 |
| Sortino Ratio | 1.03 | 1.06 |
| Omega Ratio | 1.12 | 1.13 |
| Calmar Ratio | 0.91 | 0.92 |
| Martin Ratio | 3.07 | 3.14 |
| Ulcer Index | 2.96% | 2.99% |
| Daily Std Dev | 12.91% | 13.12% |
| Max Drawdown | -63.27% | -36.96% |
| Current Drawdown | -9.73% | -10.08% |
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IEV vs. IEUR - Expense Ratio Comparison
IEV has a 0.59% expense ratio, which is higher than IEUR's 0.09% expense ratio.
Correlation
The correlation between IEV and IEUR is 0.99, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
IEV vs. IEUR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Europe ETF (IEV) and iShares Core MSCI Europe ETF (IEUR). 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.
Dividends
IEV vs. IEUR - Dividend Comparison
IEV's dividend yield for the trailing twelve months is around 3.00%, less than IEUR's 3.18% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IEV iShares Europe ETF | 3.00% | 2.77% | 3.06% | 2.81% | 1.76% | 3.06% | 3.43% | 2.39% | 3.08% | 2.81% | 3.79% | 2.33% |
IEUR iShares Core MSCI Europe ETF | 3.18% | 3.17% | 3.05% | 2.87% | 2.13% | 3.26% | 3.76% | 2.64% | 3.19% | 2.79% | 0.64% | 0.00% |
Drawdowns
IEV vs. IEUR - Drawdown Comparison
The maximum IEV drawdown since its inception was -63.27%, which is greater than IEUR's maximum drawdown of -36.96%. Use the drawdown chart below to compare losses from any high point for IEV and IEUR. For additional features, visit the drawdowns tool.
Volatility
IEV vs. IEUR - Volatility Comparison
iShares Europe ETF (IEV) and iShares Core MSCI Europe ETF (IEUR) have volatilities of 4.33% and 4.30%, 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.