PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
IMV.L vs. LCUK.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IMV.L vs. LCUK.L

Last updated Jun 5, 2026

IMV.L (iShares Edge MSCI Europe Min Volatility UCITS) and LCUK.L (Lyxor Core UK Equity All Cap (DR) UCITS ETF - Dist) are both Europe Equities funds - IMV.L tracks the MSCI Europe NR EUR while LCUK.L tracks the FTSE AllSh TR GBP. Both are passively managed. Over the past 5 years, IMV.L returned 7.54%/yr vs 10.01%/yr for LCUK.L. A 0.74 correlation means they provide meaningful diversification when combined. IMV.L charges 0.25%/yr vs 0.04%/yr for LCUK.L.

Performance

IMV.L vs. LCUK.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in iShares Edge MSCI Europe Min Volatility UCITS (IMV.L) and Lyxor Core UK Equity All Cap (DR) UCITS ETF - Dist (LCUK.L). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Different Trading Currencies

IMV.L is traded in GBp, while LCUK.L is traded in GBP. To make them comparable, the LCUK.L values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, IMV.L achieves a 4.72% return, which is significantly lower than LCUK.L's 5.93% return.

IMV.L

1D
0.51%
1M
1.21%
YTD
4.72%
6M
5.90%
1Y
8.30%
3Y*
10.49%
5Y*
7.54%
10Y*
7.68%

LCUK.L

1D
0.54%
1M
1.88%
YTD
5.93%
6M
5.05%
1Y
16.53%
3Y*
13.40%
5Y*
10.01%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

IMV.L vs. LCUK.L - Yearly Performance Comparison

2026 (YTD)20252024202320222021202020192018
IMV.L
iShares Edge MSCI Europe Min Volatility UCITS		4.72%17.66%6.63%8.56%-7.83%13.68%1.50%16.37%3.30%
LCUK.L
Lyxor Core UK Equity All Cap (DR) UCITS ETF - Dist		5.93%21.01%9.05%7.25%2.15%18.06%-11.83%18.73%-0.85%

Correlation

The correlation between IMV.L and LCUK.L is 0.63, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.63

Correlation (3Y)
Calculated over the trailing 3-year period

0.72

Correlation (5Y)
Calculated over the trailing 5-year period

0.72

Correlation (All Time)
Calculated using the full available price history since Mar 23, 2018

0.74

The correlation between IMV.L and LCUK.L shifts across timeframes, from 0.63 (1 year) to 0.74 (all time), reflecting how their relationship changes across market environments.

IMV.L vs. LCUK.L - Sectors Allocation Comparison

Sectors
IMV.L
LCUK.L

Financial Services

17.9%
24.2%

Industrials

15.4%
13.9%

Consumer Defensive

13.1%
13.7%

Healthcare

13.0%
13.2%

Utilities

10.2%
5.1%

Communication Services

9.6%
3.0%

Energy

7.1%
11.1%

Basic Materials

5.6%
8.3%

Consumer Cyclical

3.6%
5.2%

Technology

2.8%
0.9%

Real Estate

1.6%
1.4%

Financial Services

IMV.L
17.9%
LCUK.L
24.2%

Industrials

IMV.L
15.4%
LCUK.L
13.9%

Consumer Defensive

IMV.L
13.1%
LCUK.L
13.7%

Healthcare

IMV.L
13.0%
LCUK.L
13.2%

Utilities

IMV.L
10.2%
LCUK.L
5.1%

Communication Services

IMV.L
9.6%
LCUK.L
3.0%

Energy

IMV.L
7.1%
LCUK.L
11.1%

Basic Materials

IMV.L
5.6%
LCUK.L
8.3%

Consumer Cyclical

IMV.L
3.6%
LCUK.L
5.2%

Technology

IMV.L
2.8%
LCUK.L
0.9%

Real Estate

IMV.L
1.6%
LCUK.L
1.4%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares Edge MSCI Europe Min Volatility UCITS

Lyxor Core UK Equity All Cap (DR) UCITS ETF - Dist

Often compared with IMV.L:
IMV.L vs. MIVO.LIMV.L vs. SPYIMV.L vs. MINV.LIMV.L vs. XDEQ.LIMV.L vs. MVUS.LIMV.L vs. UB06.LIMV.L vs. CSWG.L
Often compared with LCUK.L:
LCUK.L vs. LGUK.LLCUK.L vs. JURE.LLCUK.L vs. XASX.LLCUK.L vs. VUKG.LLCUK.L vs. SMGB.LLCUK.L vs. IITU.LLCUK.L vs. VUKE.L

Return for Risk

IMV.L vs. LCUK.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IMV.L
IMV.L Risk / Return Rank: 2424
Overall Rank
IMV.L Sharpe Ratio Rank: 2626
Sharpe Ratio Rank
IMV.L Sortino Ratio Rank: 2424
Sortino Ratio Rank
IMV.L Omega Ratio Rank: 2626
Omega Ratio Rank
IMV.L Calmar Ratio Rank: 2222
Calmar Ratio Rank
IMV.L Martin Ratio Rank: 2323
Martin Ratio Rank
LCUK.L
LCUK.L Risk / Return Rank: 3838
Overall Rank
LCUK.L Sharpe Ratio Rank: 4040
Sharpe Ratio Rank
LCUK.L Sortino Ratio Rank: 3838
Sortino Ratio Rank
LCUK.L Omega Ratio Rank: 4040
Omega Ratio Rank
LCUK.L Calmar Ratio Rank: 3737
Calmar Ratio Rank
LCUK.L Martin Ratio Rank: 3838
Martin Ratio Rank
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.

IMV.L vs. LCUK.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI Europe Min Volatility UCITS (IMV.L) and Lyxor Core UK Equity All Cap (DR) UCITS ETF - Dist (LCUK.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.

IMV.LLCUK.LDifference
Sharpe ratioReturn per unit of total volatility
0.91
1.38

-0.47

Sortino ratioReturn per unit of downside risk
1.27
1.92

-0.65

Omega ratioGain probability vs. loss probability

1.17

1.25

-0.08

Calmar ratioReturn relative to maximum drawdown

0.97

1.80

-0.83

Martin ratioReturn relative to average drawdown

2.92

5.79

-2.86

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IMV.L vs. LCUK.L - Sharpe Ratio Comparison

The current IMV.L Sharpe Ratio is 0.91, which is lower than the LCUK.L Sharpe Ratio of 1.38. The chart below compares the historical Sharpe Ratios of IMV.L and LCUK.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Sharpe Ratios by Period

IMV.LLCUK.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.91

1.38

-0.47

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.69

0.77

-0.09

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.62

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.71

0.51

+0.20

Drawdowns

IMV.L vs. LCUK.L - Drawdown Comparison

The maximum IMV.L drawdown since its inception was -24.48%, smaller than the maximum LCUK.L drawdown of -35.54%. Use the drawdown chart below to compare losses from any high point for IMV.L and LCUK.L.

Loading charts...

Drawdown Indicators

IMV.LLCUK.LDifference

Max Drawdown

Largest peak-to-trough decline

-24.48%

-35.54%

+11.06%

Max Drawdown (1Y)

Largest decline over 1 year

-8.50%

-9.13%

+0.63%

Max Drawdown (3Y)

Largest decline over 3 years

-8.50%

-12.65%

+4.15%

Max Drawdown (5Y)

Largest decline over 5 years

-17.42%

-12.65%

-4.77%

Max Drawdown (10Y)

Largest decline over 10 years

-24.48%

—

—

Current Drawdown

Current decline from peak

-4.62%

-3.98%

-0.64%

Average Drawdown

Average peak-to-trough decline

-3.57%

-4.97%

+1.40%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.83%

2.85%

-0.02%

Volatility

IMV.L vs. LCUK.L - Volatility Comparison

The current volatility for iShares Edge MSCI Europe Min Volatility UCITS (IMV.L) is 2.89%, while Lyxor Core UK Equity All Cap (DR) UCITS ETF - Dist (LCUK.L) has a volatility of 3.76%. This indicates that IMV.L experiences smaller price fluctuations and is considered to be less risky than LCUK.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

IMV.LLCUK.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.89%

3.76%

-0.87%

Volatility (6M)

Calculated over the trailing 6-month period

7.71%

10.20%

-2.49%

Volatility (1Y)

Calculated over the trailing 1-year period

9.13%

11.92%

-2.79%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

10.97%

12.97%

-2.00%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

12.31%

15.69%

-3.38%

IMV.L vs. LCUK.L - Expense Ratio Comparison

IMV.L has a 0.25% expense ratio, which is higher than LCUK.L's 0.04% 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%.

Dividends

IMV.L vs. LCUK.L - Dividend Comparison

Neither IMV.L nor LCUK.L has paid dividends to shareholders.

PositionTTM2025202420232022202120202019
IMV.L
iShares Edge MSCI Europe Min Volatility UCITS		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
LCUK.L
Lyxor Core UK Equity All Cap (DR) UCITS ETF - Dist		0.00%0.00%3.68%3.05%3.94%3.86%3.00%3.48%

Frequently Asked Questions

IMV.L and LCUK.L have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, LCUK.L is cheaper at 0.04% per year. The better choice depends on whether you care most about return, fees, risk, or income.

LCUK.L is cheaper with a 0.04% expense ratio, compared with 0.25% for IMV.L.

IMV.L tracks MSCI Europe NR EUR, while LCUK.L tracks FTSE AllSh TR GBP. They also come from different issuers: iShares and Amundi. Their fees differ too: 0.25% for IMV.L and 0.04% for LCUK.L.

Portfolio Optimizer

Find the right allocation for IMV.L and LCUK.L

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer