IVLU vs. IDMO

Last updated Jun 23, 2026

IVLU (iShares MSCI International Value Factor ETF) and IDMO (Invesco S&P International Developed Momentum ETF) are both exchange-traded funds - IVLU is a Foreign Large Cap Equities fund tracking the MSCI World ex USA Enhanced Value Index, while IDMO is a Momentum fund tracking the S&P Momentum Developed ex U.S. & South Korea LargeMidCap Index. Both are passively managed. Over the past 10 years, IVLU returned 11.77%/yr vs 13.82%/yr for IDMO. A 0.66 correlation means they provide meaningful diversification when combined. IVLU charges 0.30%/yr vs 0.25%/yr for IDMO.

Performance

IVLU vs. IDMO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI International Value Factor ETF (IVLU) and Invesco S&P International Developed Momentum ETF (IDMO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IVLU achieves a 13.41% return, which is significantly higher than IDMO's 12.70% return. Over the past 10 years, IVLU has underperformed IDMO with an annualized return of 11.77%, while IDMO has yielded a comparatively higher 13.82% annualized return.

IVLU

• 1D: 0.57%
• 1M: 1.16%
• YTD: 13.41%
• 6M: 13.71%
• 1Y: 37.76%
• 3Y*: 24.43%
• 5Y*: 14.98%
• 10Y*: 11.77%

IDMO

• 1D: 1.34%
• 1M: 4.29%
• YTD: 12.70%
• 6M: 12.58%
• 1Y: 30.52%
• 3Y*: 27.60%
• 5Y*: 16.54%
• 10Y*: 13.82%

*Multi-year figures are annualized to reflect compound growth (CAGR)

IVLU vs. IDMO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IVLU iShares MSCI International Value Factor ETF	13.41%	46.09%	6.76%	20.07%	-5.73%	15.60%	-4.50%	15.60%	-15.10%	23.10%
IDMO Invesco S&P International Developed Momentum ETF	12.70%	42.17%	12.79%	20.16%	-12.03%	14.31%	22.01%	26.09%	-16.66%	29.21%

Correlation

The correlation between IVLU and IDMO is 0.86, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.86
Correlation (3Y) Calculated over the trailing 3-year period	0.85
Correlation (5Y) Calculated over the trailing 5-year period	0.87
Correlation (10Y) Calculated over the trailing 10-year period	0.69
Correlation (All Time) Calculated using the full available price history since Jul 15, 2015	0.66

Over the past year, IVLU and IDMO have become more correlated (0.86) than their long-term average of 0.66, meaning their price movements have been converging.

IVLU vs. IDMO - Sectors Allocation Comparison

Sectors	IVLU	IDMO
Financial Services	26.5%	43.2%
Industrials	18.8%	21.3%
Technology	10.6%	6.2%
Healthcare	9.0%	1.1%
Consumer Cyclical	7.6%	1.5%
Basic Materials	7.4%	10.6%
Consumer Defensive	6.0%	2.5%
Energy	5.5%	1.7%
Communication Services	3.7%	2.1%
Utilities	3.6%	7.9%
Real Estate	1.4%	1.8%

Return for Risk

IVLU vs. IDMO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IVLU

IVLU Risk / Return Rank: 74
IVLU Sharpe Ratio Rank: 80
IVLU Sortino Ratio Rank: 78
IVLU Omega Ratio Rank: 78
IVLU Calmar Ratio Rank: 67
IVLU Martin Ratio Rank: 69

IDMO

IDMO Risk / Return Rank: 53
IDMO Sharpe Ratio Rank: 52
IDMO Sortino Ratio Rank: 52
IDMO Omega Ratio Rank: 52
IDMO Calmar Ratio Rank: 52
IDMO Martin Ratio Rank: 59

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.

IVLU vs. IDMO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI International Value Factor ETF (IVLU) and Invesco S&P International Developed Momentum ETF (IDMO). 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.

	IVLU	IDMO	Difference
Sharpe ratio: Return per unit of total volatility	2.44	1.71	+0.73
Sortino ratio: Return per unit of downside risk	3.32	2.46	+0.86
Omega ratio: Gain probability vs. loss probability	1.44	1.32	+0.12
Calmar ratio: Return relative to maximum drawdown	3.24	2.49	+0.75
Martin ratio: Return relative to average drawdown	12.32	10.10	+2.22

IVLU vs. IDMO - Sharpe Ratio Comparison

The current IVLU Sharpe Ratio is 2.44, which is higher than the IDMO Sharpe Ratio of 1.71. The chart below compares the historical Sharpe Ratios of IVLU and IDMO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

IVLU vs. IDMO - Drawdown Comparison

The maximum IVLU drawdown since its inception was -41.85%, which is greater than IDMO's maximum drawdown of -39.38%. Use the drawdown chart below to compare losses from any high point for IVLU and IDMO.

Drawdown Indicators

	IVLU	IDMO	Difference
Max Drawdown Largest peak-to-trough decline	-41.85%	-39.38%	-2.47%
Max Drawdown (1Y) Largest decline over 1 year	-11.69%	-12.31%	+0.62%
Max Drawdown (3Y) Largest decline over 3 years	-15.48%	-12.65%	-2.83%
Max Drawdown (5Y) Largest decline over 5 years	-26.04%	-27.07%	+1.03%
Max Drawdown (10Y) Largest decline over 10 years	-41.85%	-31.34%	-10.51%
Current Drawdown Current decline from peak	-0.35%	0.00%	-0.35%
Average Drawdown Average peak-to-trough decline	-8.56%	-9.73%	+1.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.07%	3.03%	+0.04%

Volatility

IVLU vs. IDMO - Volatility Comparison

The current volatility for iShares MSCI International Value Factor ETF (IVLU) is 4.90%, while Invesco S&P International Developed Momentum ETF (IDMO) has a volatility of 7.29%. This indicates that IVLU experiences smaller price fluctuations and is considered to be less risky than IDMO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IVLU	IDMO	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.90%	7.29%	-2.39%
Volatility (6M) Calculated over the trailing 6-month period	12.78%	16.13%	-3.35%
Volatility (1Y) Calculated over the trailing 1-year period	15.55%	17.95%	-2.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.52%	18.06%	-1.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.63%	18.19%	-0.56%

IVLU vs. IDMO - Expense Ratio Comparison

IVLU has a 0.30% expense ratio, which is higher than IDMO's 0.25% expense ratio.

Dividends

IVLU vs. IDMO - Dividend Comparison

IVLU's dividend yield for the trailing twelve months is around 3.31%, less than IDMO's 4.24% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IDMO Invesco S&P International Developed Momentum ETF	4.24%	3.71%	2.24%	2.89%	3.66%	1.81%	1.63%	2.78%	3.27%	3.08%	2.18%	2.52%
IVLU iShares MSCI International Value Factor ETF	3.31%	3.71%	4.46%	4.69%	3.59%	3.47%	2.05%	3.53%	2.82%	2.87%	2.53%	0.93%

Frequently Asked Questions

Can I hold both IVLU and IDMO in my portfolio?

IVLU and IDMO have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IVLU or IDMO?

IDMO has higher volatility (7.29%) compared to IVLU (4.90%). In terms of maximum drawdown, IVLU dropped -41.85% vs IDMO's -39.38%.

Which ETF is better, IVLU or IDMO?

On 10-year performance, IDMO leads with 13.82% vs 11.77% for IVLU. On fees, IDMO is cheaper at 0.25% per year. On volatility, IVLU has been the lower-risk option at 4.90%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IVLU or IDMO?

Over the 10-year period, IDMO has performed better with a 13.82% return vs 11.77%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IVLU or IDMO?

IDMO is cheaper with a 0.25% expense ratio, compared with 0.30% for IVLU.

Which ETF pays a higher dividend yield, IVLU or IDMO?

IDMO has the higher dividend yield at 4.24%, compared with 3.31% for IVLU.

What is the main difference between IVLU and IDMO?

IVLU is categorized as Foreign Large Cap Equities, while IDMO is Momentum. IVLU tracks MSCI World ex USA Enhanced Value Index, while IDMO tracks S&P Momentum Developed ex U.S. & South Korea LargeMidCap Index. They also come from different issuers: iShares and Invesco. Their fees differ too: 0.30% for IVLU and 0.25% for IDMO.

Which has better risk-adjusted returns?

IVLU currently has the higher Sharpe Ratio (2.44 vs 1.71), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.