IUVF.L vs. FLXX.L
IUVF.L (iShares Edge MSCI USA Value Factor UCITS) and FLXX.L (Franklin Global Quality Dividend UCITS ETF USD (Dist)) are both exchange-traded funds - IUVF.L is a Large Cap Value Equities fund tracking the Russell 1000 Value TR USD, while FLXX.L is a Dividend fund tracking the LibertyQ Global Dividend Index - Net Return. Both are passively managed. Over the past 5 years, IUVF.L returned 16.15%/yr vs 10.14%/yr for FLXX.L. A 0.75 correlation means they provide meaningful diversification when combined. IUVF.L charges 0.20%/yr vs 0.30%/yr for FLXX.L.
Performance
IUVF.L vs. FLXX.L - Performance Comparison
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Different Trading Currencies
IUVF.L is traded in GBp, while FLXX.L is traded in GBP. To make them comparable, the FLXX.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, IUVF.L achieves a 39.00% return, which is significantly higher than FLXX.L's 12.48% return.
IUVF.L
- 1D
- 0.11%
- 1M
- -5.16%
- 6M
- 32.06%
- YTD
- 39.00%
- 1Y
- 69.68%
- 3Y*
- 27.21%
- 5Y*
- 16.15%
- 10Y*
- —
FLXX.L
- 1D
- 0.68%
- 1M
- -0.18%
- 6M
- 8.58%
- YTD
- 12.48%
- 1Y
- 18.80%
- 3Y*
- 14.72%
- 5Y*
- 10.14%
- 10Y*
- —
IUVF.L vs. FLXX.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IUVF.L iShares Edge MSCI USA Value Factor UCITS | 39.00% | 23.92% | 8.23% | 8.28% | -4.63% | 31.29% | -4.75% | 22.11% | -7.17% | 10.09% |
FLXX.L Franklin Global Quality Dividend UCITS ETF USD (Dist) | 12.48% | 6.53% | 17.14% | 4.43% | 1.45% | 20.91% | 1.97% | 19.18% | -3.07% | 2.23% |
Correlation
The correlation between IUVF.L and FLXX.L is 0.53, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.53 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.61 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.72 |
Correlation (All Time) Calculated using the full available price history since Sep 8, 2017 | 0.75 |
Over the past year, the correlation between IUVF.L and FLXX.L has dropped to 0.53 - well below their long-term average of 0.75, suggesting their price drivers have been diverging.
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Return for Risk
IUVF.L vs. FLXX.L — Risk / Return Rank
IUVF.L
FLXX.L
IUVF.L vs. FLXX.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI USA Value Factor UCITS (IUVF.L) and Franklin Global Quality Dividend UCITS ETF USD (Dist) (FLXX.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.
| IUVF.L | FLXX.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.91 | ||
| Sortino ratioReturn per unit of downside risk | +2.44 | ||
| Omega ratioGain probability vs. loss probability | 1.70 | 1.39 | +0.31 |
| Calmar ratioReturn relative to maximum drawdown | 8.11 | 3.26 | +4.85 |
| Martin ratioReturn relative to average drawdown | 31.72 | 12.21 | +19.51 |
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Drawdowns
IUVF.L vs. FLXX.L - Drawdown Comparison
The maximum IUVF.L drawdown since its inception was -31.83%, which is greater than FLXX.L's maximum drawdown of -26.51%. Use the drawdown chart below to compare losses from any high point for IUVF.L and FLXX.L.
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Drawdown Indicators
| IUVF.L | FLXX.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.83% | -26.51% | -5.32% |
Max Drawdown (1Y)Largest decline over 1 year | -8.55% | -5.74% | -2.81% |
Max Drawdown (3Y)Largest decline over 3 years | -20.13% | -14.05% | -6.08% |
Max Drawdown (5Y)Largest decline over 5 years | -20.13% | -14.05% | -6.08% |
Current DrawdownCurrent decline from peak | -8.44% | -2.11% | -6.33% |
Average DrawdownAverage peak-to-trough decline | -5.50% | -3.38% | -2.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.19% | 1.54% | +0.65% |
Volatility
IUVF.L vs. FLXX.L - Volatility Comparison
iShares Edge MSCI USA Value Factor UCITS (IUVF.L) has a higher volatility of 7.76% compared to Franklin Global Quality Dividend UCITS ETF USD (Dist) (FLXX.L) at 4.04%. This indicates that IUVF.L's price experiences larger fluctuations and is considered to be riskier than FLXX.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IUVF.L | FLXX.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.76% | 4.04% | +3.72% |
Volatility (6M)Calculated over the trailing 6-month period | 15.09% | 7.41% | +7.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.43% | 9.07% | +8.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.41% | 11.05% | +5.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.06% | 13.05% | +5.01% |
IUVF.L vs. FLXX.L - Expense Ratio Comparison
IUVF.L has a 0.20% expense ratio, which is lower than FLXX.L's 0.30% expense ratio.
Dividends
IUVF.L vs. FLXX.L - Dividend Comparison
IUVF.L has not paid dividends to shareholders, while FLXX.L's dividend yield for the trailing twelve months is around 2.50%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
FLXX.L Franklin Global Quality Dividend UCITS ETF USD (Dist) | 2.50% | 2.70% | 2.40% | 2.79% | 2.97% | 2.30% | 2.58% | 3.30% | 3.23% | 0.45% |
IUVF.L iShares Edge MSCI USA Value Factor UCITS | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
IUVF.L and FLXX.L have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IUVF.L is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IUVF.L is cheaper with a 0.20% expense ratio, compared with 0.30% for FLXX.L.
IUVF.L is categorized as Large Cap Value Equities, while FLXX.L is Dividend. IUVF.L tracks Russell 1000 Value TR USD, while FLXX.L tracks LibertyQ Global Dividend Index - Net Return. They also come from different issuers: iShares and Franklin. Their fees differ too: 0.20% for IUVF.L and 0.30% for FLXX.L.
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