IS3V.DE vs. IWVL.L
IS3V.DE (iShares Global Inflation Linked Government Bond UCITS ETF (EUR Hedged) Acc) and IWVL.L (iShares Edge MSCI World Value Factor UCITS ETF USD (Acc)) are both exchange-traded funds - IS3V.DE is a Inflation-Protected Bonds fund tracking the Bloomberg World Government Inflation-Linked Bond (EUR Hedged), while IWVL.L is a Global Equities fund tracking the MSCI World Enhanced Value Index. Both are passively managed. Over the past 5 years, IS3V.DE returned -2.66%/yr vs 17.36%/yr for IWVL.L. At a 0.02 correlation, their price movements are largely independent. IS3V.DE charges 0.20%/yr vs 0.25%/yr for IWVL.L.
Performance
IS3V.DE vs. IWVL.L - Performance Comparison
Loading charts...
Different Trading Currencies
IS3V.DE is traded in EUR, while IWVL.L is traded in USD. To make them comparable, the IWVL.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, IS3V.DE achieves a 0.90% return, which is significantly lower than IWVL.L's 35.84% return.
IS3V.DE
- 1D
- 0.02%
- 1M
- -0.09%
- YTD
- 0.90%
- 6M
- 0.47%
- 1Y
- 2.38%
- 3Y*
- 0.94%
- 5Y*
- -2.66%
- 10Y*
- —
IWVL.L
- 1D
- -0.78%
- 1M
- 11.20%
- YTD
- 35.84%
- 6M
- 38.43%
- 1Y
- 63.60%
- 3Y*
- 26.89%
- 5Y*
- 17.36%
- 10Y*
- 12.61%
IS3V.DE vs. IWVL.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
IS3V.DE iShares Global Inflation Linked Government Bond UCITS ETF (EUR Hedged) Acc | 0.90% | 2.39% | -2.15% | 1.88% | -19.26% | 4.95% | 4.83% |
IWVL.L iShares Edge MSCI World Value Factor UCITS ETF USD (Acc) | 35.84% | 23.75% | 12.07% | 15.95% | -4.20% | 29.10% | 6.12% |
Correlation
The correlation between IS3V.DE and IWVL.L is 0.10, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.13 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.06 |
Correlation (All Time) Calculated using the full available price history since Apr 30, 2020 | 0.02 |
The correlation between IS3V.DE and IWVL.L shifts across timeframes, from 0.02 (all time) to 0.13 (3 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IS3V.DE vs. IWVL.L — Risk / Return Rank
IS3V.DE
IWVL.L
IS3V.DE vs. IWVL.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Inflation Linked Government Bond UCITS ETF (EUR Hedged) Acc (IS3V.DE) and iShares Edge MSCI World Value Factor UCITS ETF USD (Acc) (IWVL.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.
| IS3V.DE | IWVL.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.72 | ||
| Sortino ratioReturn per unit of downside risk | -5.07 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 1.76 | -0.68 |
| Calmar ratioReturn relative to maximum drawdown | 0.71 | 9.16 | -8.45 |
| Martin ratioReturn relative to average drawdown | 1.83 | 36.81 | -34.98 |
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 charts...
Sharpe Ratios by Period
| IS3V.DE | IWVL.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.45 | 4.18 | -3.72 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.34 | 1.17 | -1.50 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.76 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.19 | 0.66 | -0.85 |
Drawdowns
IS3V.DE vs. IWVL.L - Drawdown Comparison
The maximum IS3V.DE drawdown since its inception was -24.54%, smaller than the maximum IWVL.L drawdown of -35.49%. Use the drawdown chart below to compare losses from any high point for IS3V.DE and IWVL.L.
Loading charts...
Drawdown Indicators
| IS3V.DE | IWVL.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.54% | -35.49% | +10.95% |
Max Drawdown (1Y)Largest decline over 1 year | -3.14% | -6.91% | +3.77% |
Max Drawdown (3Y)Largest decline over 3 years | -5.80% | -16.98% | +11.18% |
Max Drawdown (5Y)Largest decline over 5 years | -24.54% | -16.98% | -7.56% |
Max Drawdown (10Y)Largest decline over 10 years | — | -35.49% | — |
Current DrawdownCurrent decline from peak | -18.28% | -0.78% | -17.50% |
Average DrawdownAverage peak-to-trough decline | -13.47% | -5.87% | -7.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.22% | 1.72% | -0.50% |
Volatility
IS3V.DE vs. IWVL.L - Volatility Comparison
The current volatility for iShares Global Inflation Linked Government Bond UCITS ETF (EUR Hedged) Acc (IS3V.DE) is 1.65%, while iShares Edge MSCI World Value Factor UCITS ETF USD (Acc) (IWVL.L) has a volatility of 6.04%. This indicates that IS3V.DE experiences smaller price fluctuations and is considered to be less risky than IWVL.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IS3V.DE | IWVL.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.65% | 6.04% | -4.39% |
Volatility (6M)Calculated over the trailing 6-month period | 4.00% | 12.56% | -8.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.94% | 15.15% | -10.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.81% | 14.88% | -7.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.38% | 16.61% | -9.23% |
IS3V.DE vs. IWVL.L - Expense Ratio Comparison
IS3V.DE has a 0.20% expense ratio, which is lower than IWVL.L's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
IS3V.DE vs. IWVL.L - Dividend Comparison
Neither IS3V.DE nor IWVL.L has paid dividends to shareholders.
Frequently Asked Questions
IS3V.DE and IWVL.L have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IS3V.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IS3V.DE is cheaper with a 0.20% expense ratio, compared with 0.25% for IWVL.L.
IS3V.DE is categorized as Inflation-Protected Bonds, while IWVL.L is Global Equities. IS3V.DE tracks Bloomberg World Government Inflation-Linked Bond (EUR Hedged), while IWVL.L tracks MSCI World Enhanced Value Index. Their fees differ too: 0.20% for IS3V.DE and 0.25% for IWVL.L.
Find the right allocation for IS3V.DE and IWVL.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