IVLU vs. ICOW
Compare and contrast key facts about iShares MSCI Intl Value Factor ETF (IVLU) and Pacer Developed Markets International Cash Cows 100 ETF (ICOW).
IVLU and ICOW 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. ICOW is a passively managed fund by Pacer that tracks the performance of the Pacer Developed Markets International Cash Cows 100 Index. It was launched on Jun 16, 2017. Both IVLU and ICOW are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
IVLU vs. ICOW - Performance Comparison
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IVLU vs. ICOW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IVLU iShares MSCI Intl Value Factor ETF | 4.28% | 46.09% | 6.76% | 20.07% | -5.73% | 15.60% | -4.50% | 15.60% | -15.10% | 12.01% |
ICOW Pacer Developed Markets International Cash Cows 100 ETF | 9.82% | 36.95% | -2.59% | 18.94% | -7.98% | 11.52% | 7.20% | 17.91% | -16.09% | 16.98% |
Returns By Period
In the year-to-date period, IVLU achieves a 4.28% return, which is significantly lower than ICOW's 9.82% return.
IVLU
- 1D
- 3.04%
- 1M
- -7.33%
- YTD
- 4.28%
- 6M
- 13.88%
- 1Y
- 36.26%
- 3Y*
- 22.21%
- 5Y*
- 13.77%
- 10Y*
- 10.58%
ICOW
- 1D
- 2.29%
- 1M
- -5.12%
- YTD
- 9.82%
- 6M
- 18.13%
- 1Y
- 38.68%
- 3Y*
- 17.01%
- 5Y*
- 10.19%
- 10Y*
- —
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IVLU vs. ICOW - Expense Ratio Comparison
IVLU has a 0.30% expense ratio, which is lower than ICOW's 0.65% expense ratio.
Return for Risk
IVLU vs. ICOW — Risk / Return Rank
IVLU
ICOW
IVLU vs. ICOW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Intl Value Factor ETF (IVLU) and Pacer Developed Markets International Cash Cows 100 ETF (ICOW). 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.
| IVLU | ICOW | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.03 | 2.27 | -0.25 |
Sortino ratioReturn per unit of downside risk | 2.70 | 2.92 | -0.22 |
Omega ratioGain probability vs. loss probability | 1.41 | 1.45 | -0.05 |
Calmar ratioReturn relative to maximum drawdown | 2.94 | 3.08 | -0.13 |
Martin ratioReturn relative to average drawdown | 11.44 | 14.46 | -3.02 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| IVLU | ICOW | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.03 | 2.27 | -0.25 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.85 | 0.62 | +0.23 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.60 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.44 | 0.51 | -0.07 |
Correlation
The correlation between IVLU and ICOW is 0.87, 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.
Dividends
IVLU vs. ICOW - Dividend Comparison
IVLU's dividend yield for the trailing twelve months is around 3.56%, more than ICOW's 2.26% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IVLU iShares MSCI Intl Value Factor ETF | 3.56% | 3.71% | 4.46% | 4.69% | 3.59% | 3.47% | 2.05% | 3.53% | 2.82% | 2.87% | 2.53% | 0.93% |
ICOW Pacer Developed Markets International Cash Cows 100 ETF | 2.26% | 3.03% | 4.39% | 3.61% | 5.26% | 2.11% | 2.46% | 3.10% | 2.61% | 0.80% | 0.00% | 0.00% |
Drawdowns
IVLU vs. ICOW - Drawdown Comparison
The maximum IVLU drawdown since its inception was -41.85%, roughly equal to the maximum ICOW drawdown of -43.49%. Use the drawdown chart below to compare losses from any high point for IVLU and ICOW.
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Drawdown Indicators
| IVLU | ICOW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.85% | -43.49% | +1.64% |
Max Drawdown (1Y)Largest decline over 1 year | -11.89% | -12.08% | +0.19% |
Max Drawdown (5Y)Largest decline over 5 years | -26.04% | -28.48% | +2.44% |
Max Drawdown (10Y)Largest decline over 10 years | -41.85% | — | — |
Current DrawdownCurrent decline from peak | -7.74% | -5.12% | -2.62% |
Average DrawdownAverage peak-to-trough decline | -8.69% | -7.71% | -0.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.07% | 2.57% | +0.50% |
Volatility
IVLU vs. ICOW - Volatility Comparison
iShares MSCI Intl Value Factor ETF (IVLU) has a higher volatility of 7.58% compared to Pacer Developed Markets International Cash Cows 100 ETF (ICOW) at 6.21%. This indicates that IVLU's price experiences larger fluctuations and is considered to be riskier than ICOW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IVLU | ICOW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.58% | 6.21% | +1.37% |
Volatility (6M)Calculated over the trailing 6-month period | 11.16% | 10.42% | +0.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.01% | 17.15% | +0.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.34% | 16.58% | -0.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.65% | 18.53% | -0.88% |