IPKW vs. DFIV
Compare and contrast key facts about Invesco International BuyBack Achievers™ ETF (IPKW) and Dimensional International Value ETF (DFIV).
IPKW and DFIV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IPKW is a passively managed fund by Invesco that tracks the performance of the NASDAQ International BuyBack Achievers Index. It was launched on Feb 27, 2014. DFIV is an actively managed fund by Dimensional. It was launched on Apr 16, 1999.
Performance
IPKW vs. DFIV - Performance Comparison
Loading graphics...
IPKW vs. DFIV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
IPKW Invesco International BuyBack Achievers™ ETF | 2.30% | 45.50% | 10.56% | 15.12% | -12.81% | -8.60% |
DFIV Dimensional International Value ETF | 5.98% | 45.36% | 7.26% | 17.75% | -3.70% | 0.08% |
Returns By Period
In the year-to-date period, IPKW achieves a 2.30% return, which is significantly lower than DFIV's 5.98% return.
IPKW
- 1D
- 3.40%
- 1M
- -4.67%
- YTD
- 2.30%
- 6M
- 9.34%
- 1Y
- 28.10%
- 3Y*
- 22.46%
- 5Y*
- 10.25%
- 10Y*
- 11.25%
DFIV
- 1D
- 2.74%
- 1M
- -5.65%
- YTD
- 5.98%
- 6M
- 15.53%
- 1Y
- 38.38%
- 3Y*
- 22.24%
- 5Y*
- —
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
IPKW vs. DFIV - Expense Ratio Comparison
IPKW has a 0.55% expense ratio, which is higher than DFIV's 0.27% expense ratio.
Return for Risk
IPKW vs. DFIV — Risk / Return Rank
IPKW
DFIV
IPKW vs. DFIV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco International BuyBack Achievers™ ETF (IPKW) and Dimensional International Value ETF (DFIV). 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.
| IPKW | DFIV | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.54 | 2.25 | -0.71 |
Sortino ratioReturn per unit of downside risk | 2.06 | 2.94 | -0.88 |
Omega ratioGain probability vs. loss probability | 1.33 | 1.46 | -0.13 |
Calmar ratioReturn relative to maximum drawdown | 1.81 | 3.08 | -1.26 |
Martin ratioReturn relative to average drawdown | 8.74 | 13.72 | -4.98 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| IPKW | DFIV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.54 | 2.25 | -0.71 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.61 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.63 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.59 | 0.89 | -0.31 |
Correlation
The correlation between IPKW and DFIV is 0.91, 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
IPKW vs. DFIV - Dividend Comparison
IPKW's dividend yield for the trailing twelve months is around 3.65%, more than DFIV's 2.69% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IPKW Invesco International BuyBack Achievers™ ETF | 3.65% | 3.55% | 4.12% | 2.66% | 3.77% | 7.37% | 1.45% | 2.41% | 2.61% | 0.93% | 2.82% | 1.31% |
DFIV Dimensional International Value ETF | 2.69% | 2.92% | 3.88% | 3.93% | 3.84% | 2.30% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
IPKW vs. DFIV - Drawdown Comparison
The maximum IPKW drawdown since its inception was -47.24%, which is greater than DFIV's maximum drawdown of -25.42%. Use the drawdown chart below to compare losses from any high point for IPKW and DFIV.
Loading graphics...
Drawdown Indicators
| IPKW | DFIV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.24% | -25.42% | -21.82% |
Max Drawdown (1Y)Largest decline over 1 year | -15.27% | -12.12% | -3.15% |
Max Drawdown (5Y)Largest decline over 5 years | -33.18% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -47.24% | — | — |
Current DrawdownCurrent decline from peak | -5.72% | -5.95% | +0.23% |
Average DrawdownAverage peak-to-trough decline | -9.09% | -4.58% | -4.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.17% | 2.72% | +0.45% |
Volatility
IPKW vs. DFIV - Volatility Comparison
Invesco International BuyBack Achievers™ ETF (IPKW) has a higher volatility of 7.41% compared to Dimensional International Value ETF (DFIV) at 6.81%. This indicates that IPKW's price experiences larger fluctuations and is considered to be riskier than DFIV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| IPKW | DFIV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.41% | 6.81% | +0.60% |
Volatility (6M)Calculated over the trailing 6-month period | 11.43% | 10.46% | +0.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.31% | 17.16% | +1.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.01% | 16.71% | +0.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.88% | 16.71% | +1.17% |