IEVL.L vs. ISAC.L

Last updated Apr 2, 2026

Compare and contrast key facts about iShares Edge MSCI Europe Value Factor UCITS ETF EUR Accumulating (IEVL.L) and iShares MSCI ACWI UCITS ETF USD (Acc) (ISAC.L).

IEVL.L and ISAC.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IEVL.L is a passively managed fund by iShares that tracks the performance of the MSCI Europe Enhanced Value Index. It was launched on Feb 23, 2018. ISAC.L is a passively managed fund by iShares that tracks the performance of the MSCI ACWI Index. It was launched on Oct 21, 2001. Both IEVL.L and ISAC.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

IEVL.L vs. ISAC.L - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares Edge MSCI Europe Value Factor UCITS ETF EUR Accumulating (IEVL.L) and iShares MSCI ACWI UCITS ETF USD (Acc) (ISAC.L). The values are adjusted to include any dividend payments, if applicable.

IEVL.L vs. ISAC.L - 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	4.65%	35.00%	10.59%	13.55%	-3.79%	26.68%	-8.75%	21.75%	-13.48%	10.41%
ISAC.L iShares MSCI ACWI UCITS ETF USD (Acc)	-0.08%	7.84%	25.58%	18.90%	-13.09%	27.74%	6.13%	28.61%	-5.49%	9.10%

Different Trading Currencies

IEVL.L is traded in EUR, while ISAC.L is traded in USD. To make them comparable, the ISAC.L values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, IEVL.L achieves a 4.65% return, which is significantly higher than ISAC.L's -0.08% return. Over the past 10 years, IEVL.L has underperformed ISAC.L with an annualized return of 10.31%, while ISAC.L has yielded a comparatively higher 11.44% annualized return.

IEVL.L

• 1D: 2.41%
• 1M: -3.03%
• YTD: 4.65%
• 6M: 14.91%
• 1Y: 27.66%
• 3Y*: 18.41%
• 5Y*: 13.70%
• 10Y*: 10.31%

ISAC.L

• 1D: 2.87%
• 1M: -2.98%
• YTD: -0.08%
• 6M: 3.44%
• 1Y: 13.84%
• 3Y*: 15.06%
• 5Y*: 10.22%
• 10Y*: 11.44%

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

IEVL.L vs. ISAC.L - Expense Ratio Comparison

IEVL.L has a 0.25% expense ratio, which is higher than ISAC.L's 0.20% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

IEVL.L

iShares Edge MSCI Europe Value Factor UCITS ETF EUR Accumulating

ISAC.L

iShares MSCI ACWI UCITS ETF USD (Acc)

Return for Risk

IEVL.L vs. ISAC.L — Risk / Return Rank

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

IEVL.L

IEVL.L Risk / Return Rank: 82
IEVL.L Sharpe Ratio Rank: 83
IEVL.L Sortino Ratio Rank: 80
IEVL.L Omega Ratio Rank: 82
IEVL.L Calmar Ratio Rank: 82
IEVL.L Martin Ratio Rank: 82

ISAC.L

ISAC.L Risk / Return Rank: 78
ISAC.L Sharpe Ratio Rank: 76
ISAC.L Sortino Ratio Rank: 75
ISAC.L Omega Ratio Rank: 74
ISAC.L Calmar Ratio Rank: 82
ISAC.L Martin Ratio Rank: 83

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.

IEVL.L vs. ISAC.L - 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 iShares MSCI ACWI UCITS ETF USD (Acc) (ISAC.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.

	IEVL.L	ISAC.L	Difference
Sharpe ratio Return per unit of total volatility	1.69	0.87	+0.83
Sortino ratio Return per unit of downside risk	2.14	1.24	+0.90
Omega ratio Gain probability vs. loss probability	1.33	1.18	+0.15
Calmar ratio Return relative to maximum drawdown	2.58	1.74	+0.84
Martin ratio Return relative to average drawdown	9.91	6.95	+2.97
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IEVL.L vs. ISAC.L - Sharpe Ratio Comparison

The current IEVL.L Sharpe Ratio is 1.69, which is higher than the ISAC.L Sharpe Ratio of 0.87. The chart below compares the historical Sharpe Ratios of IEVL.L and ISAC.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	IEVL.L	ISAC.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.69	0.87	+0.83
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.90	0.69	+0.20
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.58	0.72	-0.14
Sharpe Ratio (All Time) Calculated using the full available price history	0.45	0.76	-0.32

Correlation

The correlation between IEVL.L and ISAC.L is 0.73, 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

IEVL.L vs. ISAC.L - Dividend Comparison

Neither IEVL.L nor ISAC.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

IEVL.L vs. ISAC.L - Drawdown Comparison

The maximum IEVL.L drawdown since its inception was -40.09%, which is greater than ISAC.L's maximum drawdown of -33.27%. Use the drawdown chart below to compare losses from any high point for IEVL.L and ISAC.L.

Drawdown Indicators

	IEVL.L	ISAC.L	Difference
Max Drawdown Largest peak-to-trough decline	-40.09%	-33.82%	-6.27%
Max Drawdown (1Y) Largest decline over 1 year	-13.73%	-11.58%	-2.15%
Max Drawdown (5Y) Largest decline over 5 years	-19.55%	-26.07%	+6.52%
Max Drawdown (10Y) Largest decline over 10 years	-40.09%	-33.82%	-6.27%
Current Drawdown Current decline from peak	-4.94%	-5.55%	+0.61%
Average Drawdown Average peak-to-trough decline	-7.60%	-4.74%	-2.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.88%	2.21%	+0.67%

Volatility

IEVL.L vs. ISAC.L - Volatility Comparison

iShares Edge MSCI Europe Value Factor UCITS ETF EUR Accumulating (IEVL.L) has a higher volatility of 6.15% compared to iShares MSCI ACWI UCITS ETF USD (Acc) (ISAC.L) at 5.65%. This indicates that IEVL.L's price experiences larger fluctuations and is considered to be riskier than ISAC.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IEVL.L	ISAC.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.15%	5.65%	+0.50%
Volatility (6M) Calculated over the trailing 6-month period	9.81%	9.23%	+0.58%
Volatility (1Y) Calculated over the trailing 1-year period	16.27%	15.96%	+0.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.25%	14.71%	+0.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.68%	15.82%	+1.86%