IVLU vs. FIVA
Compare and contrast key facts about iShares MSCI Intl Value Factor ETF (IVLU) and Fidelity International Value Factor ETF (FIVA).
IVLU and FIVA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IVLU is a passively managed fund by iShares that tracks the performance of the MSCI World ex USA Enhanced Value. It was launched on Jun 16, 2015. FIVA is a passively managed fund by Fidelity that tracks the performance of the Fidelity® International Value Factor Index. It was launched on Jan 16, 2018. Both IVLU and FIVA are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IVLU or FIVA.
Key characteristics
| IVLU | FIVA | |
|---|---|---|
| YTD Return | 7.03% | 5.35% |
| 1Y Return | 16.17% | 14.94% |
| 3Y Return (Ann) | 6.27% | 4.34% |
| 5Y Return (Ann) | 6.61% | 5.98% |
| Sharpe Ratio | 1.28 | 1.17 |
| Sortino Ratio | 1.77 | 1.64 |
| Omega Ratio | 1.22 | 1.21 |
| Calmar Ratio | 2.08 | 2.00 |
| Martin Ratio | 6.92 | 6.56 |
| Ulcer Index | 2.41% | 2.32% |
| Daily Std Dev | 13.05% | 13.07% |
| Max Drawdown | -41.86% | -39.76% |
| Current Drawdown | -7.13% | -6.86% |
Correlation
The correlation between IVLU and FIVA is 0.92, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
IVLU vs. FIVA - Performance Comparison
In the year-to-date period, IVLU achieves a 7.03% return, which is significantly higher than FIVA's 5.35% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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IVLU vs. FIVA - Expense Ratio Comparison
IVLU has a 0.30% expense ratio, which is lower than FIVA's 0.39% expense ratio.
Risk-Adjusted Performance
IVLU vs. FIVA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Intl Value Factor ETF (IVLU) and Fidelity International Value Factor ETF (FIVA). 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.
Dividends
IVLU vs. FIVA - Dividend Comparison
IVLU's dividend yield for the trailing twelve months is around 4.55%, more than FIVA's 3.60% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
IVLU iShares MSCI Intl Value Factor ETF | 4.55% | 4.69% | 3.59% | 3.25% | 2.05% | 3.53% | 2.82% | 2.87% | 2.53% | 0.93% |
FIVA Fidelity International Value Factor ETF | 3.60% | 3.63% | 3.62% | 3.76% | 2.46% | 3.61% | 3.28% | 0.00% | 0.00% | 0.00% |
Drawdowns
IVLU vs. FIVA - Drawdown Comparison
The maximum IVLU drawdown since its inception was -41.86%, which is greater than FIVA's maximum drawdown of -39.76%. Use the drawdown chart below to compare losses from any high point for IVLU and FIVA. For additional features, visit the drawdowns tool.
Volatility
IVLU vs. FIVA - Volatility Comparison
The current volatility for iShares MSCI Intl Value Factor ETF (IVLU) is 4.13%, while Fidelity International Value Factor ETF (FIVA) has a volatility of 4.43%. This indicates that IVLU experiences smaller price fluctuations and is considered to be less risky than FIVA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.