IVLU vs. INTF

Last updated Jun 24, 2026

IVLU (iShares MSCI International Value Factor ETF) and INTF (iShares MSCI Intl Multifactor ETF) are both Foreign Large Cap Equities funds from iShares - IVLU tracks the MSCI World ex USA Enhanced Value Index while INTF tracks the MSCI World ex USA Diversified Multi-Factor. Both are passively managed. Over the past 10 years, IVLU returned 11.56%/yr vs 9.89%/yr for INTF. Their correlation of 0.88 suggests significant overlap in exposure. Both charge a 0.30% expense ratio.

Performance

IVLU vs. INTF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI International Value Factor ETF (IVLU) and iShares MSCI Intl Multifactor ETF (INTF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IVLU achieves a 11.28% return, which is significantly higher than INTF's 9.41% return. Over the past 10 years, IVLU has outperformed INTF with an annualized return of 11.56%, while INTF has yielded a comparatively lower 9.89% annualized return.

IVLU

• 1D: -1.89%
• 1M: -0.75%
• YTD: 11.28%
• 6M: 10.90%
• 1Y: 34.48%
• 3Y*: 23.64%
• 5Y*: 14.30%
• 10Y*: 11.56%

INTF

• 1D: -1.70%
• 1M: -0.07%
• YTD: 9.41%
• 6M: 9.06%
• 1Y: 26.10%
• 3Y*: 19.63%
• 5Y*: 9.83%
• 10Y*: 9.89%

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

IVLU vs. INTF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IVLU iShares MSCI International Value Factor ETF	11.28%	46.09%	6.76%	20.07%	-5.73%	15.60%	-4.50%	15.60%	-15.10%	23.10%
INTF iShares MSCI Intl Multifactor ETF	9.41%	35.50%	5.99%	18.25%	-12.31%	11.70%	2.83%	18.46%	-15.87%	28.46%

Correlation

The correlation between IVLU and INTF is 0.95 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.95
Correlation (3Y) Calculated over the trailing 3-year period	0.95
Correlation (5Y) Calculated over the trailing 5-year period	0.94
Correlation (10Y) Calculated over the trailing 10-year period	0.91
Correlation (All Time) Calculated using the full available price history since Jul 15, 2015	0.88

The correlation between IVLU and INTF has been stable across timeframes, ranging from 0.88 to 0.95 - a consistent structural relationship.

IVLU vs. INTF - Sectors Allocation Comparison

Sectors	IVLU	INTF
Financial Services	26.5%	26.5%
Industrials	18.8%	19.0%
Technology	10.6%	9.9%
Healthcare	9.0%	7.9%
Consumer Cyclical	7.6%	8.5%
Basic Materials	7.4%	6.8%
Consumer Defensive	6.0%	6.0%
Energy	5.5%	5.1%
Communication Services	3.7%	3.2%
Utilities	3.6%	3.9%
Real Estate	1.4%	2.5%

Return for Risk

IVLU vs. INTF — Risk / Return Rank

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

IVLU

IVLU Risk / Return Rank: 68
IVLU Sharpe Ratio Rank: 72
IVLU Sortino Ratio Rank: 70
IVLU Omega Ratio Rank: 70
IVLU Calmar Ratio Rank: 62
IVLU Martin Ratio Rank: 65

INTF

INTF Risk / Return Rank: 55
INTF Sharpe Ratio Rank: 54
INTF Sortino Ratio Rank: 53
INTF Omega Ratio Rank: 52
INTF Calmar Ratio Rank: 55
INTF Martin Ratio Rank: 60

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. INTF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI International Value Factor ETF (IVLU) and iShares MSCI Intl Multifactor ETF (INTF). 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	INTF	Difference
Sharpe ratio: Return per unit of total volatility	2.21	1.75	+0.46
Sortino ratio: Return per unit of downside risk	3.03	2.44	+0.58
Omega ratio: Gain probability vs. loss probability	1.40	1.31	+0.08
Calmar ratio: Return relative to maximum drawdown	2.96	2.57	+0.39
Martin ratio: Return relative to average drawdown	11.24	10.17	+1.07

IVLU vs. INTF - Sharpe Ratio Comparison

The current IVLU Sharpe Ratio is 2.21, which is comparable to the INTF Sharpe Ratio of 1.75. The chart below compares the historical Sharpe Ratios of IVLU and INTF, 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. INTF - Drawdown Comparison

The maximum IVLU drawdown since its inception was -41.85%, roughly equal to the maximum INTF drawdown of -40.39%. Use the drawdown chart below to compare losses from any high point for IVLU and INTF.

Drawdown Indicators

	IVLU	INTF	Difference
Max Drawdown Largest peak-to-trough decline	-41.85%	-40.39%	-1.46%
Max Drawdown (1Y) Largest decline over 1 year	-11.69%	-10.20%	-1.49%
Max Drawdown (3Y) Largest decline over 3 years	-15.48%	-13.64%	-1.84%
Max Drawdown (5Y) Largest decline over 5 years	-26.04%	-29.26%	+3.22%
Max Drawdown (10Y) Largest decline over 10 years	-41.85%	-40.39%	-1.46%
Current Drawdown Current decline from peak	-2.23%	-1.98%	-0.25%
Average Drawdown Average peak-to-trough decline	-8.56%	-7.66%	-0.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.08%	2.57%	+0.51%

Volatility

IVLU vs. INTF - Volatility Comparison

iShares MSCI International Value Factor ETF (IVLU) has a higher volatility of 5.27% compared to iShares MSCI Intl Multifactor ETF (INTF) at 4.65%. This indicates that IVLU's price experiences larger fluctuations and is considered to be riskier than INTF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IVLU	INTF	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.27%	4.65%	+0.62%
Volatility (6M) Calculated over the trailing 6-month period	12.94%	12.58%	+0.36%
Volatility (1Y) Calculated over the trailing 1-year period	15.65%	14.98%	+0.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.54%	16.22%	+0.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.44%	17.12%	+0.32%

IVLU vs. INTF - Expense Ratio Comparison

Both IVLU and INTF have an expense ratio of 0.30%.

Dividends

IVLU vs. INTF - Dividend Comparison

IVLU's dividend yield for the trailing twelve months is around 3.38%, more than INTF's 3.06% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
INTF iShares MSCI Intl Multifactor ETF	3.06%	2.87%	3.53%	3.59%	2.81%	5.38%	2.06%	3.65%	2.62%	3.26%	1.66%	0.85%
IVLU iShares MSCI International Value Factor ETF	3.38%	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 INTF in my portfolio?

With a correlation of 0.95, IVLU and INTF move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, IVLU or INTF?

IVLU has higher volatility (5.27%) compared to INTF (4.65%). In terms of maximum drawdown, IVLU dropped -41.85% vs INTF's -40.39%.

Which ETF is better, IVLU or INTF?

On 10-year performance, IVLU leads with 11.56% vs 9.89% for INTF. Both ETFs have the same 0.30% expense ratio. On volatility, INTF has been the lower-risk option at 4.65%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IVLU or INTF?

Over the 10-year period, IVLU has performed better with a 11.56% return vs 9.89%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IVLU or INTF?

IVLU and INTF have the same expense ratio: 0.30% per year.

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

IVLU has the higher dividend yield at 3.38%, compared with 3.06% for INTF.

What is the main difference between IVLU and INTF?

IVLU tracks MSCI World ex USA Enhanced Value Index, while INTF tracks MSCI World ex USA Diversified Multi-Factor.

Which has better risk-adjusted returns?

IVLU currently has the higher Sharpe Ratio (2.21 vs 1.75), 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.