IUVD.L vs. FLXB.L
IUVD.L (iShares Edge MSCI USA Value Factor UCITS ETF USD (Dist)) and FLXB.L (Franklin FTSE Brazil UCITS ETF USD (Acc)) are both exchange-traded funds - IUVD.L is a Large Cap Value Equities fund tracking the Russell 1000 Value TR USD, while FLXB.L is a Brazil Equities fund tracking the FTSE Brazil 30/18 Capped Index (Net Return). Both are passively managed. Over the past 5 years, IUVD.L returned 15.56%/yr vs 6.59%/yr for FLXB.L. At a 0.44 correlation, their price movements are largely independent. IUVD.L charges 0.20%/yr vs 0.19%/yr for FLXB.L.
Performance
IUVD.L vs. FLXB.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IUVD.L achieves a 39.02% return, which is significantly higher than FLXB.L's 16.02% return.
IUVD.L
- 1D
- -0.09%
- 1M
- -4.80%
- 6M
- 32.62%
- YTD
- 39.02%
- 1Y
- 70.29%
- 3Y*
- 28.49%
- 5Y*
- 15.56%
- 10Y*
- —
FLXB.L
- 1D
- -0.23%
- 1M
- 1.52%
- 6M
- 11.51%
- YTD
- 16.02%
- 1Y
- 37.38%
- 3Y*
- 11.33%
- 5Y*
- 6.59%
- 10Y*
- —
IUVD.L vs. FLXB.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
IUVD.L iShares Edge MSCI USA Value Factor UCITS ETF USD (Dist) | 39.02% | 32.95% | 6.42% | 14.65% | -14.91% | 29.73% | -1.42% | 20.94% |
FLXB.L Franklin FTSE Brazil UCITS ETF USD (Acc) | 16.02% | 45.49% | -27.92% | 33.43% | 10.93% | -16.59% | -19.42% | 12.18% |
Correlation
The correlation between IUVD.L and FLXB.L is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.41 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.42 |
Correlation (All Time) Calculated using the full available price history since Jun 4, 2019 | 0.44 |
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
IUVD.L vs. FLXB.L — Risk / Return Rank
IUVD.L
FLXB.L
IUVD.L vs. FLXB.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI USA Value Factor UCITS ETF USD (Dist) (IUVD.L) and Franklin FTSE Brazil UCITS ETF USD (Acc) (FLXB.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| IUVD.L | FLXB.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.20 | ||
| Sortino ratioReturn per unit of downside risk | +2.88 | ||
| Omega ratioGain probability vs. loss probability | 1.64 | 1.26 | +0.38 |
| Calmar ratioReturn relative to maximum drawdown | 8.47 | 2.09 | +6.38 |
| Martin ratioReturn relative to average drawdown | 28.96 | 5.37 | +23.59 |
Loading charts...
Drawdowns
IUVD.L vs. FLXB.L - Drawdown Comparison
The maximum IUVD.L drawdown since its inception was -39.64%, smaller than the maximum FLXB.L drawdown of -56.54%. Use the drawdown chart below to compare losses from any high point for IUVD.L and FLXB.L.
Loading charts...
Drawdown Indicators
| IUVD.L | FLXB.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.64% | -56.54% | +16.90% |
Max Drawdown (1Y)Largest decline over 1 year | -8.25% | -17.78% | +9.53% |
Max Drawdown (3Y)Largest decline over 3 years | -18.72% | -28.79% | +10.07% |
Max Drawdown (5Y)Largest decline over 5 years | -26.67% | -32.17% | +5.50% |
Current DrawdownCurrent decline from peak | -6.82% | -13.40% | +6.58% |
Average DrawdownAverage peak-to-trough decline | -8.04% | -18.96% | +10.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.42% | 6.95% | -4.53% |
Volatility
IUVD.L vs. FLXB.L - Volatility Comparison
iShares Edge MSCI USA Value Factor UCITS ETF USD (Dist) (IUVD.L) has a higher volatility of 7.79% compared to Franklin FTSE Brazil UCITS ETF USD (Acc) (FLXB.L) at 5.12%. This indicates that IUVD.L's price experiences larger fluctuations and is considered to be riskier than FLXB.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IUVD.L | FLXB.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.79% | 5.12% | +2.67% |
Volatility (6M)Calculated over the trailing 6-month period | 16.18% | 18.27% | -2.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.61% | 23.84% | -5.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.12% | 27.18% | -9.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.96% | 32.03% | -12.07% |
IUVD.L vs. FLXB.L - Expense Ratio Comparison
IUVD.L has a 0.20% expense ratio, which is higher than FLXB.L's 0.19% 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
IUVD.L vs. FLXB.L - Dividend Comparison
IUVD.L's dividend yield for the trailing twelve months is around 1.20%, while FLXB.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
FLXB.L Franklin FTSE Brazil UCITS ETF USD (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IUVD.L iShares Edge MSCI USA Value Factor UCITS ETF USD (Dist) | 1.20% | 1.64% | 2.24% | 2.27% | 2.61% | 1.84% | 2.26% | 2.26% | 1.73% |
Frequently Asked Questions
IUVD.L and FLXB.L have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FLXB.L is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FLXB.L is cheaper with a 0.19% expense ratio, compared with 0.20% for IUVD.L.
IUVD.L is categorized as Large Cap Value Equities, while FLXB.L is Brazil Equities. IUVD.L tracks Russell 1000 Value TR USD, while FLXB.L tracks FTSE Brazil 30/18 Capped Index (Net Return). They also come from different issuers: iShares and Franklin. Their fees differ too: 0.20% for IUVD.L and 0.19% for FLXB.L.
Find the right allocation for IUVD.L and FLXB.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