IEVL.L vs. EDEU.DE
IEVL.L (iShares Edge MSCI Europe Value Factor UCITS ETF EUR Accumulating) and EDEU.DE (BNP Paribas Easy ESG Dividend Europe UCITS ETF) are both Europe Equities funds - IEVL.L tracks the MSCI Europe Enhanced Value Index while EDEU.DE tracks the BNP Paribas High Dividend Europe ESG. Both are passively managed. Over the past 5 years, IEVL.L returned 14.48%/yr vs 10.51%/yr for EDEU.DE. Their correlation of 0.85 suggests significant overlap in exposure. IEVL.L charges 0.25%/yr vs 0.31%/yr for EDEU.DE.
Performance
IEVL.L vs. EDEU.DE - Performance Comparison
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Returns By Period
In the year-to-date period, IEVL.L achieves a 13.95% return, which is significantly higher than EDEU.DE's 9.32% return.
IEVL.L
- 1D
- 0.04%
- 1M
- 4.59%
- YTD
- 13.95%
- 6M
- 17.06%
- 1Y
- 32.80%
- 3Y*
- 21.63%
- 5Y*
- 14.48%
- 10Y*
- 10.70%
EDEU.DE
- 1D
- 0.63%
- 1M
- 1.70%
- YTD
- 9.32%
- 6M
- 11.88%
- 1Y
- 20.67%
- 3Y*
- 19.59%
- 5Y*
- 10.51%
- 10Y*
- —
IEVL.L vs. EDEU.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IEVL.L iShares Edge MSCI Europe Value Factor UCITS ETF EUR Accumulating | 13.95% | 35.00% | 10.59% | 13.55% | -3.79% | 26.68% | -8.75% | 21.75% | -13.48% | 2.97% |
EDEU.DE BNP Paribas Easy ESG Dividend Europe UCITS ETF | 9.32% | 28.12% | 11.83% | 16.84% | -12.98% | 27.34% | -14.08% | 23.54% | -20.58% | 3.83% |
Correlation
The correlation between IEVL.L and EDEU.DE 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 | 0.82 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.84 |
Correlation (All Time) Calculated using the full available price history since Sep 27, 2017 | 0.85 |
The correlation between IEVL.L and EDEU.DE has been stable across timeframes, ranging from 0.82 to 0.85 - a consistent structural relationship.
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Return for Risk
IEVL.L vs. EDEU.DE — Risk / Return Rank
IEVL.L
EDEU.DE
IEVL.L vs. EDEU.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI Europe Value Factor UCITS ETF EUR Accumulating (IEVL.L) and BNP Paribas Easy ESG Dividend Europe UCITS ETF (EDEU.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.
| IEVL.L | EDEU.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.57 | ||
| Sortino ratioReturn per unit of downside risk | +0.75 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.33 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 3.34 | 2.90 | +0.44 |
| Martin ratioReturn relative to average drawdown | 12.45 | 9.77 | +2.69 |
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
| IEVL.L | EDEU.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.38 | 1.81 | +0.57 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.94 | 0.71 | +0.23 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.61 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.49 | 0.37 | +0.12 |
Drawdowns
IEVL.L vs. EDEU.DE - Drawdown Comparison
The maximum IEVL.L drawdown since its inception was -40.09%, smaller than the maximum EDEU.DE drawdown of -47.82%. Use the drawdown chart below to compare losses from any high point for IEVL.L and EDEU.DE.
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Drawdown Indicators
| IEVL.L | EDEU.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.09% | -47.82% | +7.73% |
Max Drawdown (1Y)Largest decline over 1 year | -9.78% | -7.09% | -2.69% |
Max Drawdown (3Y)Largest decline over 3 years | -17.49% | -14.57% | -2.92% |
Max Drawdown (5Y)Largest decline over 5 years | -19.55% | -24.98% | +5.43% |
Max Drawdown (10Y)Largest decline over 10 years | -40.09% | — | — |
Current DrawdownCurrent decline from peak | -0.78% | -2.41% | +1.63% |
Average DrawdownAverage peak-to-trough decline | -7.51% | -9.17% | +1.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.63% | 2.11% | +0.52% |
Volatility
IEVL.L vs. EDEU.DE - Volatility Comparison
iShares Edge MSCI Europe Value Factor UCITS ETF EUR Accumulating (IEVL.L) has a higher volatility of 4.86% compared to BNP Paribas Easy ESG Dividend Europe UCITS ETF (EDEU.DE) at 3.38%. This indicates that IEVL.L's price experiences larger fluctuations and is considered to be riskier than EDEU.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IEVL.L | EDEU.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.86% | 3.38% | +1.48% |
Volatility (6M)Calculated over the trailing 6-month period | 10.95% | 8.74% | +2.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.70% | 11.35% | +2.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.36% | 14.59% | +0.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.66% | 18.44% | -0.78% |
IEVL.L vs. EDEU.DE - Expense Ratio Comparison
IEVL.L has a 0.25% expense ratio, which is lower than EDEU.DE's 0.31% expense ratio.
Dividends
IEVL.L vs. EDEU.DE - Dividend Comparison
Neither IEVL.L nor EDEU.DE has paid dividends to shareholders.
Frequently Asked Questions
IEVL.L and EDEU.DE 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.
On fees, IEVL.L is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IEVL.L is cheaper with a 0.25% expense ratio, compared with 0.31% for EDEU.DE.
IEVL.L tracks MSCI Europe Enhanced Value Index, while EDEU.DE tracks BNP Paribas High Dividend Europe ESG. They also come from different issuers: iShares and BNP Paribas. Their fees differ too: 0.25% for IEVL.L and 0.31% for EDEU.DE.
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