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IVLU vs. VYMI
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IVLU vs. VYMI

Last updated Jun 25, 2026

IVLU (iShares MSCI International Value Factor ETF) and VYMI (Vanguard International High Dividend Yield ETF) are both exchange-traded funds - IVLU is a Foreign Large Cap Equities fund tracking the MSCI World ex USA Enhanced Value Index, while VYMI is a Dividend fund tracking the FTSE All-World ex US High Dividend Yield Index. Both are passively managed. Over the past 10 years, IVLU returned 11.51%/yr vs 11.15%/yr for VYMI. Their correlation of 0.93 suggests significant overlap in exposure. IVLU charges 0.30%/yr vs 0.07%/yr for VYMI.

Performance

IVLU vs. VYMI - Performance Comparison

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

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Returns By Period

The year-to-date returns for both stocks are quite close, with IVLU having a 10.82% return and VYMI slightly lower at 10.71%. Both investments have delivered pretty close results over the past 10 years, with IVLU having a 11.51% annualized return and VYMI not far behind at 11.15%.

IVLU

1D
-0.41%
1M
-1.15%
YTD
10.82%
6M
10.44%
1Y
32.37%
3Y*
23.47%
5Y*
14.13%
10Y*
11.51%

VYMI

1D
-0.60%
1M
-0.88%
YTD
10.71%
6M
10.44%
1Y
27.98%
3Y*
21.61%
5Y*
12.21%
10Y*
11.15%
*Multi-year figures are annualized to reflect compound growth (CAGR)

IVLU vs. VYMI - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
IVLU
iShares MSCI International Value Factor ETF		10.82%46.09%6.76%20.07%-5.73%15.60%-4.50%15.60%-15.10%23.10%
VYMI
Vanguard International High Dividend Yield ETF		10.71%38.05%7.06%17.07%-7.02%15.39%-1.11%18.43%-12.65%22.36%

Correlation

The correlation between IVLU and VYMI is 0.96 - 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

0.96

Correlation (3Y)
Calculated over the trailing 3-year period

0.96

Correlation (5Y)
Calculated over the trailing 5-year period

0.96

Correlation (10Y)
Calculated over the trailing 10-year period

0.93

Correlation (All Time)
Calculated using the full available price history since Mar 2, 2016

0.93

The correlation between IVLU and VYMI has been stable across timeframes, ranging from 0.93 to 0.96 - a consistent structural relationship.

IVLU vs. VYMI - Sectors Allocation Comparison

Sectors
IVLU
VYMI

Financial Services

26.5%
40.7%

Industrials

18.8%
6.2%

Technology

10.6%
5.2%

Healthcare

9.0%
6.5%

Consumer Cyclical

7.6%
6.4%

Basic Materials

7.4%
6.9%

Consumer Defensive

6.0%
6.7%

Energy

5.5%
8.6%

Communication Services

3.7%
3.7%

Utilities

3.6%
5.0%

Real Estate

1.4%
1.3%

Financial Services

IVLU
26.5%
VYMI
40.7%

Industrials

IVLU
18.8%
VYMI
6.2%

Technology

IVLU
10.6%
VYMI
5.2%

Healthcare

IVLU
9.0%
VYMI
6.5%

Consumer Cyclical

IVLU
7.6%
VYMI
6.4%

Basic Materials

IVLU
7.4%
VYMI
6.9%

Consumer Defensive

IVLU
6.0%
VYMI
6.7%

Energy

IVLU
5.5%
VYMI
8.6%

Communication Services

IVLU
3.7%
VYMI
3.7%

Utilities

IVLU
3.6%
VYMI
5.0%

Real Estate

IVLU
1.4%
VYMI
1.3%

Compare stocks, funds, or ETFs

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

iShares MSCI International Value Factor ETF

Vanguard International High Dividend Yield ETF

Often compared with IVLU:
IVLU vs. DFIVIVLU vs. FIVAIVLU vs. VXUSIVLU vs. IDMOIVLU vs. DISVIVLU vs. IEFAIVLU vs. SFNNX
Often compared with VYMI:
VYMI vs. VYMVYMI vs. SCHYVYMI vs. SCHDVYMI vs. VIGIVYMI vs. VOOVYMI vs. IDEVVYMI vs. VT

Return for Risk

IVLU vs. VYMI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IVLU
IVLU Risk / Return Rank: 6868
Overall Rank
IVLU Sharpe Ratio Rank: 7373
Sharpe Ratio Rank
IVLU Sortino Ratio Rank: 7171
Sortino Ratio Rank
IVLU Omega Ratio Rank: 7171
Omega Ratio Rank
IVLU Calmar Ratio Rank: 6262
Calmar Ratio Rank
IVLU Martin Ratio Rank: 6565
Martin Ratio Rank
VYMI
VYMI Risk / Return Rank: 6969
Overall Rank
VYMI Sharpe Ratio Rank: 7474
Sharpe Ratio Rank
VYMI Sortino Ratio Rank: 7272
Sortino Ratio Rank
VYMI Omega Ratio Rank: 7373
Omega Ratio Rank
VYMI Calmar Ratio Rank: 6262
Calmar Ratio Rank
VYMI Martin Ratio Rank: 6666
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.

IVLU vs. VYMI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI International Value Factor ETF (IVLU) and Vanguard International High Dividend Yield ETF (VYMI). 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.

IVLUVYMIDifference
Sharpe ratioReturn per unit of total volatility
2.08
2.12

-0.04

Sortino ratioReturn per unit of downside risk
2.87
2.92

-0.05

Omega ratioGain probability vs. loss probability

1.38

1.38

-0.01

Calmar ratioReturn relative to maximum drawdown

2.78

2.77

+0.01

Martin ratioReturn relative to average drawdown

10.54

10.85

-0.31

IVLU vs. VYMI - Sharpe Ratio Comparison

The current IVLU Sharpe Ratio is 2.08, which is comparable to the VYMI Sharpe Ratio of 2.12. The chart below compares the historical Sharpe Ratios of IVLU and VYMI, 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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Drawdowns

IVLU vs. VYMI - Drawdown Comparison

The maximum IVLU drawdown since its inception was -41.85%, roughly equal to the maximum VYMI drawdown of -40.00%. Use the drawdown chart below to compare losses from any high point for IVLU and VYMI.

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Drawdown Indicators

IVLUVYMIDifference

Max Drawdown

Largest peak-to-trough decline

-41.85%

-40.00%

-1.85%

Max Drawdown (1Y)

Largest decline over 1 year

-11.69%

-10.14%

-1.55%

Max Drawdown (3Y)

Largest decline over 3 years

-15.48%

-12.84%

-2.64%

Max Drawdown (5Y)

Largest decline over 5 years

-26.04%

-24.05%

-1.99%

Max Drawdown (10Y)

Largest decline over 10 years

-41.85%

-40.00%

-1.85%

Current Drawdown

Current decline from peak

-2.63%

-2.56%

-0.07%

Average Drawdown

Average peak-to-trough decline

-8.56%

-6.28%

-2.28%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.08%

2.59%

+0.49%

Volatility

IVLU vs. VYMI - Volatility Comparison

iShares MSCI International Value Factor ETF (IVLU) has a higher volatility of 5.28% compared to Vanguard International High Dividend Yield ETF (VYMI) at 4.17%. This indicates that IVLU's price experiences larger fluctuations and is considered to be riskier than VYMI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

IVLUVYMIDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.28%

4.17%

+1.11%

Volatility (6M)

Calculated over the trailing 6-month period

12.94%

11.21%

+1.73%

Volatility (1Y)

Calculated over the trailing 1-year period

15.66%

13.28%

+2.38%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.54%

14.87%

+1.67%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.44%

16.61%

+0.83%

IVLU vs. VYMI - Expense Ratio Comparison

IVLU has a 0.30% expense ratio, which is higher than VYMI's 0.07% expense ratio.

Dividends

IVLU vs. VYMI - Dividend Comparison

IVLU's dividend yield for the trailing twelve months is around 3.39%, less than VYMI's 3.69% yield.

PositionTTM20252024202320222021202020192018201720162015
IVLU
iShares MSCI International Value Factor ETF		3.39%3.71%4.46%4.69%3.59%3.47%2.05%3.53%2.82%2.87%2.53%0.93%
VYMI
Vanguard International High Dividend Yield ETF		3.69%3.68%4.84%4.58%4.70%4.30%3.22%4.20%4.29%3.21%2.39%0.00%

Frequently Asked Questions

With a correlation of 0.96, IVLU and VYMI 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.

IVLU has higher volatility (5.28%) compared to VYMI (4.17%). In terms of maximum drawdown, IVLU dropped -41.85% vs VYMI's -40.00%.

On 10-year performance, IVLU leads with 11.51% vs 11.15% for VYMI. On fees, VYMI is cheaper at 0.07% per year. On volatility, VYMI has been the lower-risk option at 4.17%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, IVLU has performed better with a 11.51% return vs 11.15%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

VYMI is cheaper with a 0.07% expense ratio, compared with 0.30% for IVLU.

VYMI has the higher dividend yield at 3.69%, compared with 3.39% for IVLU.

IVLU is categorized as Foreign Large Cap Equities, while VYMI is Dividend. IVLU tracks MSCI World ex USA Enhanced Value Index, while VYMI tracks FTSE All-World ex US High Dividend Yield Index. They also come from different issuers: iShares and Vanguard. Their fees differ too: 0.30% for IVLU and 0.07% for VYMI.

VYMI currently has the higher Sharpe Ratio (2.12 vs 2.08), 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.

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