IFV vs. BKIE

Last updated Apr 1, 2026

Compare and contrast key facts about First Trust Dorsey Wright International Focus 5 ETF (IFV) and BNY Mellon International Equity ETF (BKIE).

IFV and BKIE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IFV is a passively managed fund by First Trust that tracks the performance of the Dorsey Wright International Focus Five Index. It was launched on Jul 22, 2014. BKIE is a passively managed fund by BNY Mellon that tracks the performance of the Morningstar Developed Markets ex-US Large Cap Index. It was launched on Apr 24, 2020. Both IFV and BKIE 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

IFV vs. BKIE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Dorsey Wright International Focus 5 ETF (IFV) and BNY Mellon International Equity ETF (BKIE). The values are adjusted to include any dividend payments, if applicable.

IFV vs. BKIE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
IFV First Trust Dorsey Wright International Focus 5 ETF	1.81%	32.26%	0.33%	20.45%	-25.39%	5.59%	55.61%
BKIE BNY Mellon International Equity ETF	0.94%	32.08%	4.63%	18.25%	-13.60%	13.75%	34.17%

Returns By Period

In the year-to-date period, IFV achieves a 1.81% return, which is significantly higher than BKIE's 0.94% return.

IFV

• 1D: 3.08%
• 1M: -8.92%
• YTD: 1.81%
• 6M: 3.89%
• 1Y: 29.06%
• 3Y*: 16.39%
• 5Y*: 4.04%
• 10Y*: 6.28%

BKIE

• 1D: 3.17%
• 1M: -7.91%
• YTD: 0.94%
• 6M: 6.12%
• 1Y: 24.82%
• 3Y*: 15.27%
• 5Y*: 8.94%
• 10Y*: —

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

IFV vs. BKIE - Expense Ratio Comparison

IFV has a 1.06% expense ratio, which is higher than BKIE's 0.04% expense ratio.

IFV

First Trust Dorsey Wright International Focus 5 ETF

BKIE

BNY Mellon International Equity ETF

Return for Risk

IFV vs. BKIE — Risk / Return Rank

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

IFV

IFV Risk / Return Rank: 83
IFV Sharpe Ratio Rank: 84
IFV Sortino Ratio Rank: 86
IFV Omega Ratio Rank: 84
IFV Calmar Ratio Rank: 80
IFV Martin Ratio Rank: 80

BKIE

BKIE Risk / Return Rank: 80
BKIE Sharpe Ratio Rank: 80
BKIE Sortino Ratio Rank: 80
BKIE Omega Ratio Rank: 80
BKIE Calmar Ratio Rank: 80
BKIE Martin Ratio Rank: 79

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.

IFV vs. BKIE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Dorsey Wright International Focus 5 ETF (IFV) and BNY Mellon International Equity ETF (BKIE). 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.

	IFV	BKIE	Difference
Sharpe ratio Return per unit of total volatility	1.67	1.46	+0.21
Sortino ratio Return per unit of downside risk	2.31	2.01	+0.31
Omega ratio Gain probability vs. loss probability	1.33	1.30	+0.03
Calmar ratio Return relative to maximum drawdown	2.24	2.09	+0.15
Martin ratio Return relative to average drawdown	8.79	8.22	+0.57
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IFV vs. BKIE - Sharpe Ratio Comparison

The current IFV Sharpe Ratio is 1.67, which is comparable to the BKIE Sharpe Ratio of 1.46. The chart below compares the historical Sharpe Ratios of IFV and BKIE, 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

	IFV	BKIE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.67	1.46	+0.21
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.23	0.56	-0.33
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.31	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.20	0.86	-0.67

Correlation

The correlation between IFV and BKIE is 0.77, 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

IFV vs. BKIE - Dividend Comparison

IFV's dividend yield for the trailing twelve months is around 1.95%, less than BKIE's 3.09% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IFV First Trust Dorsey Wright International Focus 5 ETF	1.95%	1.95%	2.31%	2.88%	3.79%	1.04%	1.53%	2.91%	1.86%	1.43%	1.10%	1.52%
BKIE BNY Mellon International Equity ETF	3.09%	3.12%	3.31%	2.88%	2.97%	2.58%	1.49%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

IFV vs. BKIE - Drawdown Comparison

The maximum IFV drawdown since its inception was -48.89%, which is greater than BKIE's maximum drawdown of -28.19%. Use the drawdown chart below to compare losses from any high point for IFV and BKIE.

Drawdown Indicators

	IFV	BKIE	Difference
Max Drawdown Largest peak-to-trough decline	-48.89%	-28.19%	-20.70%
Max Drawdown (1Y) Largest decline over 1 year	-12.57%	-11.41%	-1.16%
Max Drawdown (5Y) Largest decline over 5 years	-35.32%	-28.19%	-7.13%
Max Drawdown (10Y) Largest decline over 10 years	-48.89%	—	—
Current Drawdown Current decline from peak	-9.50%	-8.17%	-1.33%
Average Drawdown Average peak-to-trough decline	-13.39%	-5.04%	-8.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.21%	2.91%	+0.30%

Volatility

IFV vs. BKIE - Volatility Comparison

First Trust Dorsey Wright International Focus 5 ETF (IFV) and BNY Mellon International Equity ETF (BKIE) have volatilities of 7.79% and 7.69%, 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.

Volatility by Period

	IFV	BKIE	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.79%	7.69%	+0.10%
Volatility (6M) Calculated over the trailing 6-month period	11.66%	11.03%	+0.63%
Volatility (1Y) Calculated over the trailing 1-year period	17.46%	17.09%	+0.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.75%	15.98%	+1.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.64%	16.30%	+4.34%