IUSV vs. IUSA.L

Last updated Apr 2, 2026

Compare and contrast key facts about iShares Core S&P U.S. Value ETF (IUSV) and iShares S&P 500 UCITS Dist (IUSA.L).

IUSV and IUSA.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IUSV is a passively managed fund by iShares that tracks the performance of the S&P 900 Value Index. It was launched on Jul 24, 2000. IUSA.L is a passively managed fund by iShares that tracks the performance of the S&P 500 Index. It was launched on Mar 15, 2002. Both IUSV and IUSA.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

IUSV vs. IUSA.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Core S&P U.S. Value ETF (IUSV) and iShares S&P 500 UCITS Dist (IUSA.L). The values are adjusted to include any dividend payments, if applicable.

IUSV vs. IUSA.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IUSV iShares Core S&P U.S. Value ETF	0.24%	12.85%	12.18%	21.73%	-5.40%	25.22%	1.56%	31.47%	-9.21%	15.09%
IUSA.L iShares S&P 500 UCITS Dist	-4.10%	17.97%	25.60%	26.58%	-18.47%	30.35%	17.64%	32.16%	-5.18%	21.78%

Different Trading Currencies

IUSV is traded in USD, while IUSA.L is traded in GBp. To make them comparable, the IUSA.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, IUSV achieves a 0.24% return, which is significantly higher than IUSA.L's -4.10% return. Over the past 10 years, IUSV has underperformed IUSA.L with an annualized return of 11.61%, while IUSA.L has yielded a comparatively higher 14.29% annualized return.

IUSV

• 1D: 0.14%
• 1M: -4.43%
• YTD: 0.24%
• 6M: 3.09%
• 1Y: 13.16%
• 3Y*: 13.74%
• 5Y*: 10.28%
• 10Y*: 11.61%

IUSA.L

• 1D: 2.17%
• 1M: -3.95%
• YTD: -4.10%
• 6M: -0.92%
• 1Y: 18.57%
• 3Y*: 19.14%
• 5Y*: 12.14%
• 10Y*: 14.29%

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

IUSV vs. IUSA.L - Expense Ratio Comparison

IUSV has a 0.04% expense ratio, which is lower than IUSA.L's 0.07% 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%.

IUSA.L

iShares S&P 500 UCITS Dist

IUSV

iShares Core S&P U.S. Value ETF

Return for Risk

IUSV vs. IUSA.L — Risk / Return Rank

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

IUSV

IUSV Risk / Return Rank: 45
IUSV Sharpe Ratio Rank: 43
IUSV Sortino Ratio Rank: 43
IUSV Omega Ratio Rank: 47
IUSV Calmar Ratio Rank: 40
IUSV Martin Ratio Rank: 50

IUSA.L

IUSA.L Risk / Return Rank: 60
IUSA.L Sharpe Ratio Rank: 52
IUSA.L Sortino Ratio Rank: 51
IUSA.L Omega Ratio Rank: 53
IUSA.L Calmar Ratio Rank: 76
IUSA.L Martin Ratio Rank: 69

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.

IUSV vs. IUSA.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Core S&P U.S. Value ETF (IUSV) and iShares S&P 500 UCITS Dist (IUSA.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.

	IUSV	IUSA.L	Difference
Sharpe ratio Return per unit of total volatility	0.84	1.13	-0.29
Sortino ratio Return per unit of downside risk	1.27	1.65	-0.38
Omega ratio Gain probability vs. loss probability	1.19	1.24	-0.05
Calmar ratio Return relative to maximum drawdown	1.07	2.01	-0.94
Martin ratio Return relative to average drawdown	4.98	8.38	-3.40
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IUSV vs. IUSA.L - Sharpe Ratio Comparison

The current IUSV Sharpe Ratio is 0.84, which is comparable to the IUSA.L Sharpe Ratio of 1.13. The chart below compares the historical Sharpe Ratios of IUSV and IUSA.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

	IUSV	IUSA.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.84	1.13	-0.29
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.71	0.77	-0.06
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.68	0.88	-0.20
Sharpe Ratio (All Time) Calculated using the full available price history	0.59	0.58	+0.01

Correlation

The correlation between IUSV and IUSA.L is 0.56, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

IUSV vs. IUSA.L - Dividend Comparison

IUSV's dividend yield for the trailing twelve months is around 1.80%, more than IUSA.L's 1.31% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IUSV iShares Core S&P U.S. Value ETF	1.80%	1.78%	2.15%	1.75%	2.22%	1.87%	2.40%	2.19%	2.67%	1.93%	4.44%	7.63%
IUSA.L iShares S&P 500 UCITS Dist	1.31%	1.24%	1.28%	1.55%	1.74%	1.39%	1.80%	1.96%	2.22%	1.95%	1.75%	2.29%

Drawdowns

IUSV vs. IUSA.L - Drawdown Comparison

The maximum IUSV drawdown since its inception was -56.88%, roughly equal to the maximum IUSA.L drawdown of -54.80%. Use the drawdown chart below to compare losses from any high point for IUSV and IUSA.L.

Drawdown Indicators

	IUSV	IUSA.L	Difference
Max Drawdown Largest peak-to-trough decline	-56.88%	-38.58%	-18.30%
Max Drawdown (1Y) Largest decline over 1 year	-12.13%	-10.73%	-1.40%
Max Drawdown (5Y) Largest decline over 5 years	-17.95%	-21.08%	+3.13%
Max Drawdown (10Y) Largest decline over 10 years	-37.54%	-25.42%	-12.12%
Current Drawdown Current decline from peak	-4.51%	-4.66%	+0.15%
Average Drawdown Average peak-to-trough decline	-6.33%	-7.33%	+1.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.61%	2.03%	+0.58%

Volatility

IUSV vs. IUSA.L - Volatility Comparison

The current volatility for iShares Core S&P U.S. Value ETF (IUSV) is 3.86%, while iShares S&P 500 UCITS Dist (IUSA.L) has a volatility of 4.48%. This indicates that IUSV experiences smaller price fluctuations and is considered to be less risky than IUSA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IUSV	IUSA.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.86%	4.48%	-0.62%
Volatility (6M) Calculated over the trailing 6-month period	7.79%	8.63%	-0.84%
Volatility (1Y) Calculated over the trailing 1-year period	15.67%	16.36%	-0.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.60%	15.73%	-1.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.08%	16.15%	+0.93%