IEV vs. RFEU
Compare and contrast key facts about iShares Europe ETF (IEV) and First Trust RiverFront Dynamic Europe ETF (RFEU).
IEV and RFEU 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. RFEU is an actively managed fund by First Trust. It was launched on Apr 14, 2016.
Performance
IEV vs. RFEU - Performance Comparison
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IEV vs. RFEU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IEV iShares Europe ETF | 0.48% | 35.63% | 1.36% | 20.14% | -14.24% | 16.73% | 4.07% | 24.03% | -14.68% | 24.84% |
RFEU First Trust RiverFront Dynamic Europe ETF | 1.50% | 30.78% | -1.78% | 16.19% | -24.17% | 22.83% | 6.25% | 23.21% | -17.57% | 26.58% |
Returns By Period
In the year-to-date period, IEV achieves a 0.48% return, which is significantly lower than RFEU's 1.50% return.
IEV
- 1D
- 1.46%
- 1M
- -4.85%
- YTD
- 0.48%
- 6M
- 5.18%
- 1Y
- 21.72%
- 3Y*
- 14.54%
- 5Y*
- 9.32%
- 10Y*
- 8.96%
RFEU
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- 1.50%
- 6M
- 8.37%
- 1Y
- 22.55%
- 3Y*
- 12.42%
- 5Y*
- 6.12%
- 10Y*
- —
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IEV vs. RFEU - Expense Ratio Comparison
IEV has a 0.59% expense ratio, which is lower than RFEU's 0.83% expense ratio.
Return for Risk
IEV vs. RFEU — Risk / Return Rank
IEV
RFEU
IEV vs. RFEU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Europe ETF (IEV) and First Trust RiverFront Dynamic Europe ETF (RFEU). 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.
| IEV | RFEU | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.23 | 1.68 | -0.44 |
Sortino ratioReturn per unit of downside risk | 1.76 | 2.28 | -0.52 |
Omega ratioGain probability vs. loss probability | 1.24 | 1.41 | -0.16 |
Calmar ratioReturn relative to maximum drawdown | 1.78 | 1.88 | -0.10 |
Martin ratioReturn relative to average drawdown | 6.78 | 11.36 | -4.59 |
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
| IEV | RFEU | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.23 | 1.68 | -0.44 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.54 | 0.37 | +0.17 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.48 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.23 | 0.42 | -0.19 |
Correlation
The correlation between IEV and RFEU is 0.84, 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.
Dividends
IEV vs. RFEU - Dividend Comparison
IEV's dividend yield for the trailing twelve months is around 2.72%, less than RFEU's 2.83% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IEV iShares Europe ETF | 2.72% | 2.73% | 3.10% | 2.77% | 3.06% | 2.81% | 1.76% | 3.06% | 3.43% | 2.39% | 3.08% | 2.81% |
RFEU First Trust RiverFront Dynamic Europe ETF | 2.83% | 2.87% | 5.45% | 3.37% | 4.98% | 1.82% | 2.32% | 3.08% | 2.84% | 1.35% | 3.16% | 0.00% |
Drawdowns
IEV vs. RFEU - Drawdown Comparison
The maximum IEV drawdown since its inception was -63.27%, which is greater than RFEU's maximum drawdown of -39.74%. Use the drawdown chart below to compare losses from any high point for IEV and RFEU.
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Drawdown Indicators
| IEV | RFEU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.27% | -39.74% | -23.53% |
Max Drawdown (1Y)Largest decline over 1 year | -12.31% | -11.26% | -1.05% |
Max Drawdown (5Y)Largest decline over 5 years | -30.60% | -35.92% | +5.32% |
Max Drawdown (10Y)Largest decline over 10 years | -36.62% | — | — |
Current DrawdownCurrent decline from peak | -7.29% | -0.11% | -7.18% |
Average DrawdownAverage peak-to-trough decline | -15.12% | -9.79% | -5.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.23% | 2.21% | +1.02% |
Volatility
IEV vs. RFEU - Volatility Comparison
iShares Europe ETF (IEV) has a higher volatility of 7.44% compared to First Trust RiverFront Dynamic Europe ETF (RFEU) at 0.00%. This indicates that IEV's price experiences larger fluctuations and is considered to be riskier than RFEU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IEV | RFEU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.44% | 0.00% | +7.44% |
Volatility (6M)Calculated over the trailing 6-month period | 11.32% | 5.97% | +5.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.69% | 14.96% | +2.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.39% | 17.01% | +0.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.58% | 17.97% | +0.61% |