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IUVD.L vs. GMOV
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IUVD.L vs. GMOV

Last updated Jun 5, 2026

IUVD.L (iShares Edge MSCI USA Value Factor UCITS ETF USD (Dist)) and GMOV (GMO U.S. Value ETF) are both Large Cap Value Equities funds - IUVD.L tracks the Russell 1000 Value TR USD while GMOV tracks the MSCI USA Value (Gross). Both are passively managed. Over the past year, IUVD.L returned 89.18% vs 28.90% for GMOV. At a 0.47 correlation, their price movements are largely independent. IUVD.L charges 0.20%/yr vs 0.50%/yr for GMOV.

Performance

IUVD.L vs. GMOV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Edge MSCI USA Value Factor UCITS ETF USD (Dist) (IUVD.L) and GMO U.S. Value ETF (GMOV). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, IUVD.L achieves a 46.43% return, which is significantly higher than GMOV's 11.41% return.

IUVD.L

1D
-0.99%
1M
15.70%
YTD
46.43%
6M
50.36%
1Y
89.18%
3Y*
33.45%
5Y*
15.73%
10Y*
—

GMOV

1D
1.06%
1M
3.06%
YTD
11.41%
6M
12.96%
1Y
28.90%
3Y*
—
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

IUVD.L vs. GMOV - Yearly Performance Comparison

2026 (YTD)20252024
IUVD.L
iShares Edge MSCI USA Value Factor UCITS ETF USD (Dist)		46.43%33.00%-2.19%
GMOV
GMO U.S. Value ETF		11.41%14.81%-1.27%

Correlation

The correlation between IUVD.L and GMOV is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.

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

0.47

Correlation (All Time)
Calculated using the full available price history since Oct 30, 2024

0.47

Compare stocks, funds, or ETFs

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iShares Edge MSCI USA Value Factor UCITS ETF USD (Dist)

GMO U.S. Value ETF

Often compared with IUVD.L:
IUVD.L vs. IWVG.LIUVD.L vs. UVAL.LIUVD.L vs. VTVIUVD.L vs. IEAA.LIUVD.L vs. EHF1.DEIUVD.L vs. IESG.LIUVD.L vs. FXC.AS
Often compared with GMOV:
GMOV vs. QLTIGMOV vs. DHLXGMOV vs. ABEQGMOV vs. DIVZGMOV vs. ZVC.TOGMOV vs. CSTKGMOV vs. ELCV

Return for Risk

IUVD.L vs. GMOV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IUVD.L
IUVD.L Risk / Return Rank: 9797
Overall Rank
IUVD.L Sharpe Ratio Rank: 9898
Sharpe Ratio Rank
IUVD.L Sortino Ratio Rank: 9898
Sortino Ratio Rank
IUVD.L Omega Ratio Rank: 9797
Omega Ratio Rank
IUVD.L Calmar Ratio Rank: 9797
Calmar Ratio Rank
IUVD.L Martin Ratio Rank: 9797
Martin Ratio Rank
GMOV
GMOV Risk / Return Rank: 8484
Overall Rank
GMOV Sharpe Ratio Rank: 8383
Sharpe Ratio Rank
GMOV Sortino Ratio Rank: 8888
Sortino Ratio Rank
GMOV Omega Ratio Rank: 8080
Omega Ratio Rank
GMOV Calmar Ratio Rank: 8787
Calmar Ratio Rank
GMOV Martin Ratio Rank: 8282
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.

IUVD.L vs. GMOV - 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 GMO U.S. Value ETF (GMOV). 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.

IUVD.LGMOVDifference
Sharpe ratioReturn per unit of total volatility
5.38
2.66

+2.72

Sortino ratioReturn per unit of downside risk
7.24
3.95

+3.28

Omega ratioGain probability vs. loss probability

1.92

1.47

+0.45

Calmar ratioReturn relative to maximum drawdown

10.77

4.78

+6.00

Martin ratioReturn relative to average drawdown

44.44

16.11

+28.34

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

IUVD.L vs. GMOV - Sharpe Ratio Comparison

The current IUVD.L Sharpe Ratio is 5.38, which is higher than the GMOV Sharpe Ratio of 2.66. The chart below compares the historical Sharpe Ratios of IUVD.L and GMOV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

IUVD.LGMOVDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

5.38

2.66

+2.72

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.89

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.68

1.06

-0.38

Drawdowns

IUVD.L vs. GMOV - Drawdown Comparison

The maximum IUVD.L drawdown since its inception was -39.67%, which is greater than GMOV's maximum drawdown of -16.71%. Use the drawdown chart below to compare losses from any high point for IUVD.L and GMOV.

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Drawdown Indicators

IUVD.LGMOVDifference

Max Drawdown

Largest peak-to-trough decline

-39.67%

-16.71%

-22.96%

Max Drawdown (1Y)

Largest decline over 1 year

-8.23%

-6.08%

-2.15%

Max Drawdown (3Y)

Largest decline over 3 years

-18.73%

—

—

Max Drawdown (5Y)

Largest decline over 5 years

-26.77%

—

—

Current Drawdown

Current decline from peak

-1.03%

0.00%

-1.03%

Average Drawdown

Average peak-to-trough decline

-8.12%

-2.84%

-5.28%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.00%

1.80%

+0.20%

Volatility

IUVD.L vs. GMOV - Volatility Comparison

iShares Edge MSCI USA Value Factor UCITS ETF USD (Dist) (IUVD.L) has a higher volatility of 7.63% compared to GMO U.S. Value ETF (GMOV) at 2.34%. This indicates that IUVD.L's price experiences larger fluctuations and is considered to be riskier than GMOV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

IUVD.LGMOVDifference

Volatility (1M)

Calculated over the trailing 1-month period

7.63%

2.34%

+5.29%

Volatility (6M)

Calculated over the trailing 6-month period

13.26%

7.32%

+5.94%

Volatility (1Y)

Calculated over the trailing 1-year period

16.48%

10.92%

+5.56%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.72%

14.94%

+2.78%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

19.84%

14.94%

+4.90%

IUVD.L vs. GMOV - Expense Ratio Comparison

IUVD.L has a 0.20% expense ratio, which is lower than GMOV's 0.50% expense ratio.

Dividends

IUVD.L vs. GMOV - Dividend Comparison

IUVD.L's dividend yield for the trailing twelve months is around 1.12%, less than GMOV's 2.00% yield.

PositionTTM20252024202320222021202020192018
GMOV
GMO U.S. Value ETF		2.00%1.98%0.30%0.00%0.00%0.00%0.00%0.00%0.00%
IUVD.L
iShares Edge MSCI USA Value Factor UCITS ETF USD (Dist)		1.12%1.64%2.24%2.27%2.61%1.85%2.26%2.26%1.73%

Frequently Asked Questions

IUVD.L and GMOV have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, IUVD.L is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

IUVD.L is cheaper with a 0.20% expense ratio, compared with 0.50% for GMOV.

IUVD.L tracks Russell 1000 Value TR USD, while GMOV tracks MSCI USA Value (Gross). They also come from different issuers: iShares and GMO. Their fees differ too: 0.20% for IUVD.L and 0.50% for GMOV.

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