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

IUVF.L vs. GMOV

Last updated Jun 5, 2026

IUVF.L (iShares Edge MSCI USA Value Factor UCITS) and GMOV (GMO U.S. Value ETF) are both Large Cap Value Equities funds - IUVF.L tracks the Russell 1000 Value TR USD while GMOV tracks the MSCI USA Value (Gross). Both are passively managed. Over the past year, IUVF.L returned 90.82% vs 30.15% for GMOV. At a 0.42 correlation, their price movements are largely independent. IUVF.L charges 0.20%/yr vs 0.50%/yr for GMOV.

Performance

IUVF.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 (IUVF.L) and GMO U.S. Value ETF (GMOV). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

IUVF.L is traded in GBp, while GMOV is traded in USD. To make them comparable, the GMOV 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 46.62% return, which is significantly higher than GMOV's 11.86% return.

IUVF.L

1D
-0.97%
1M
16.86%
YTD
46.62%
6M
49.54%
1Y
90.82%
3Y*
29.97%
5Y*
16.97%
10Y*
—

GMOV

1D
1.06%
1M
4.00%
YTD
11.86%
6M
12.17%
1Y
30.15%
3Y*
—
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

IUVF.L vs. GMOV - Yearly Performance Comparison

2026 (YTD)20252024
IUVF.L
iShares Edge MSCI USA Value Factor UCITS		46.62%23.92%1.46%
GMOV
GMO U.S. Value ETF		11.86%6.63%2.65%

Correlation

The correlation between IUVF.L and GMOV 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 (All Time)
Calculated using the full available price history since Oct 30, 2024

0.42

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares Edge MSCI USA Value Factor UCITS

GMO U.S. Value ETF

Often compared with IUVF.L:
IUVF.L vs. VTVIUVF.L vs. VLUEIUVF.L vs. VIVAXIUVF.L vs. EWSP.LIUVF.L vs. JREG.LIUVF.L vs. JREU.LIUVF.L vs. URTH
Often compared with GMOV:
GMOV vs. QLTIGMOV vs. DHLXGMOV vs. ABEQGMOV vs. DIVZGMOV vs. ZVC.TOGMOV vs. CSTKGMOV vs. ELCV

Return for Risk

IUVF.L vs. GMOV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IUVF.L
IUVF.L Risk / Return Rank: 9898
Overall Rank
IUVF.L Sharpe Ratio Rank: 9898
Sharpe Ratio Rank
IUVF.L Sortino Ratio Rank: 9898
Sortino Ratio Rank
IUVF.L Omega Ratio Rank: 9898
Omega Ratio Rank
IUVF.L Calmar Ratio Rank: 9898
Calmar Ratio Rank
IUVF.L Martin Ratio Rank: 9898
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.

IUVF.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 (IUVF.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.

IUVF.LGMOVDifference
Sharpe ratioReturn per unit of total volatility
5.93
2.79

+3.14

Sortino ratioReturn per unit of downside risk
7.82
3.81

+4.01

Omega ratioGain probability vs. loss probability

2.05

1.49

+0.55

Calmar ratioReturn relative to maximum drawdown

15.82

6.48

+9.33

Martin ratioReturn relative to average drawdown

61.43

22.99

+38.45

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

IUVF.L vs. GMOV - Sharpe Ratio Comparison

The current IUVF.L Sharpe Ratio is 5.93, which is higher than the GMOV Sharpe Ratio of 2.79. The chart below compares the historical Sharpe Ratios of IUVF.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

IUVF.LGMOVDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

5.93

2.79

+3.14

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

1.06

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.83

0.87

-0.04

Drawdowns

IUVF.L vs. GMOV - Drawdown Comparison

The maximum IUVF.L drawdown since its inception was -31.83%, which is greater than GMOV's maximum drawdown of -19.10%. Use the drawdown chart below to compare losses from any high point for IUVF.L and GMOV.

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Drawdown Indicators

IUVF.LGMOVDifference

Max Drawdown

Largest peak-to-trough decline

-31.83%

-19.10%

-12.73%

Max Drawdown (1Y)

Largest decline over 1 year

-5.71%

-4.67%

-1.04%

Max Drawdown (3Y)

Largest decline over 3 years

-20.13%

—

—

Max Drawdown (5Y)

Largest decline over 5 years

-20.13%

—

—

Current Drawdown

Current decline from peak

-0.97%

0.00%

-0.97%

Average Drawdown

Average peak-to-trough decline

-5.67%

-4.68%

-0.99%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.47%

1.32%

+0.15%

Volatility

IUVF.L vs. GMOV - Volatility Comparison

iShares Edge MSCI USA Value Factor UCITS (IUVF.L) has a higher volatility of 6.56% compared to GMO U.S. Value ETF (GMOV) at 2.12%. This indicates that IUVF.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

IUVF.LGMOVDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.56%

2.12%

+4.44%

Volatility (6M)

Calculated over the trailing 6-month period

12.10%

7.57%

+4.53%

Volatility (1Y)

Calculated over the trailing 1-year period

15.24%

10.89%

+4.35%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

15.94%

15.71%

+0.23%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.43%

15.71%

+2.72%

IUVF.L vs. GMOV - Expense Ratio Comparison

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

Dividends

IUVF.L vs. GMOV - Dividend Comparison

IUVF.L has not paid dividends to shareholders, while GMOV's dividend yield for the trailing twelve months is around 2.00%.

PositionTTM20252024
GMOV
GMO U.S. Value ETF		2.00%1.98%0.30%
IUVF.L
iShares Edge MSCI USA Value Factor UCITS		0.00%0.00%0.00%

Frequently Asked Questions

IUVF.L and GMOV 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, 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 0.50% for GMOV.

IUVF.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 IUVF.L and 0.50% for GMOV.

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