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IVRS vs. EFV
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IVRS vs. EFV

Last updated Aug 4, 2026
Documentation

IVRS (iShares Future Metaverse Tech And Communications ETF) and EFV (iShares MSCI EAFE Value ETF) are both exchange-traded funds - IVRS is a Technology Equities fund tracking the Morningstar Global Metaverse & Virtual Interaction Select Index - Benchmark TR Net, while EFV is a Foreign Large Cap Equities fund tracking the MSCI EAFE Value Index (Net). Both are passively managed. Over the past 3 years, IVRS returned 7.73%/yr vs 23.11%/yr for EFV. Their 0.55 correlation means they have sometimes moved together and sometimes differently. IVRS charges 0.47%/yr vs 0.31%/yr for EFV.

Performance

IVRS vs. EFV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Future Metaverse Tech And Communications ETF (IVRS) and iShares MSCI EAFE Value ETF (EFV). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, IVRS achieves a -7.07% return, which is significantly lower than EFV's 16.57% return.

IVRS

1D
2.16%
1M
0.63%
6M
-1.65%
YTD
-7.07%
1Y
-11.56%
3Y*
7.73%
5Y*
—
10Y*
—
ALL TIME*
11.16%

EFV

1D
0.26%
1M
4.16%
6M
9.61%
YTD
16.57%
1Y
34.58%
3Y*
23.11%
5Y*
14.34%
10Y*
10.51%
ALL TIME*
6.15%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)

EFV

iShares MSCI EAFE Value ETF
$246.44M$344.02M$395.70M

IVRS

iShares Future Metaverse Tech And Communications ETF
$45.64K$34.99K$21.63K

IVRS vs. EFV - Yearly Performance Comparison

2026 (YTD)202520242023
IVRS
iShares Future Metaverse Tech And Communications ETF		-7.07%12.75%7.40%28.15%
EFV
iShares MSCI EAFE Value ETF		16.57%42.22%5.35%10.38%

Correlation

The correlation between IVRS and EFV is 0.48, which is low. Their historical price movements had little consistent relationship.

Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

0.48

Correlation (3Y)
Balances recent behavior with more history.

0.54

Correlation (All Time)
Calculated using the full available price history since Feb 16, 2023

0.55

The correlation between IVRS and EFV has been stable across timeframes, ranging from 0.48 to 0.55 - a consistent structural relationship.

IVRS vs. EFV - Sectors Allocation Comparison

Sectors
IVRS
EFV

Communication Services

46.3%
4.1%

Technology

31.8%
3.1%

Financial Services

17.9%
38.8%

Consumer Cyclical

4.0%
5.6%

Basic Materials

-

6.0%

Consumer Defensive

-

9.8%

Energy

-

6.2%

Healthcare

-

7.6%

Industrials

-

10.0%

Real Estate

-

2.7%

Utilities

-

6.1%

Communication Services

IVRS
46.3%
EFV
4.1%

Technology

IVRS
31.8%
EFV
3.1%

Financial Services

IVRS
17.9%
EFV
38.8%

Consumer Cyclical

IVRS
4.0%
EFV
5.6%

Basic Materials

IVRS

-

EFV
6.0%

Consumer Defensive

IVRS

-

EFV
9.8%

Energy

IVRS

-

EFV
6.2%

Healthcare

IVRS

-

EFV
7.6%

Industrials

IVRS

-

EFV
10.0%

Real Estate

IVRS

-

EFV
2.7%

Utilities

IVRS

-

EFV
6.1%

Compare stocks, funds, or ETFs

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

iShares Future Metaverse Tech And Communications ETF

iShares MSCI EAFE Value ETF

Often compared with IVRS:
IVRS vs. FFOGIVRS vs. AIQIVRS vs. IBOTIVRS vs. IQMIVRS vs. VUGIVRS vs. ESPOIVRS vs. VOO
Often compared with EFV:
EFV vs. VEAEFV vs. EFAVEFV vs. FIVAEFV vs. VOOEFV vs. DFIVXEFV vs. VTRIXEFV vs. SCHF

Return for Risk

IVRS vs. EFV — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.
IVRS
IVRS Risk / Return Rank: 66
Overall Rank
IVRS Sharpe Ratio Rank: 55
Sharpe Ratio Rank
IVRS Sortino Ratio Rank: 55
Sortino Ratio Rank
IVRS Omega Ratio Rank: 55
Omega Ratio Rank
IVRS Calmar Ratio Rank: 66
Calmar Ratio Rank
IVRS Martin Ratio Rank: 66
Martin Ratio Rank
EFV
EFV Risk / Return Rank: 8888
Overall Rank
EFV Sharpe Ratio Rank: 9292
Sharpe Ratio Rank
EFV Sortino Ratio Rank: 9191
Sortino Ratio Rank
EFV Omega Ratio Rank: 9191
Omega Ratio Rank
EFV Calmar Ratio Rank: 8484
Calmar Ratio Rank
EFV Martin Ratio Rank: 8484
Martin Ratio Rank
The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

IVRS vs. EFV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Future Metaverse Tech And Communications ETF (IVRS) and iShares MSCI EAFE Value ETF (EFV). 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.

IVRSEFVDifference
Sharpe ratioReturn per unit of total volatility
-0.49
2.42

-2.91

Sortino ratioReturn per unit of downside risk
-0.53
3.32

-3.86

Omega ratioGain probability vs. loss probability

0.94

1.43

-0.50

Calmar ratioReturn relative to maximum drawdown

-0.37

3.19

-3.56

Martin ratioReturn relative to average drawdown

-0.69

11.90

-12.59

IVRS vs. EFV - Sharpe Ratio Comparison

The current IVRS Sharpe Ratio is -0.49, which is lower than the EFV Sharpe Ratio of 2.42. The chart below compares the historical Sharpe Ratios of IVRS and EFV, 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

IVRS vs. EFV - Drawdown Comparison

The maximum IVRS drawdown since its inception was -31.43%, smaller than the maximum EFV drawdown of -63.94%. Use the drawdown chart below to compare losses from any high point for IVRS and EFV.

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Drawdown Indicators

IVRSEFVDifference

Max Drawdown

Largest peak-to-trough decline

-31.43%

-63.94%

+32.51%

Max Drawdown (1Y)

Largest decline over 1 year

-31.43%

-10.90%

-20.53%

Max Drawdown (3Y)

Largest decline over 3 years

-31.43%

-13.72%

-17.71%

Max Drawdown (5Y)

Largest decline over 5 years

—

-25.84%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-43.16%

—

Current Drawdown

Current decline from peak

-20.06%

-0.27%

-19.79%

Average Drawdown

Average peak-to-trough decline

-6.51%

-14.72%

+8.21%

Ulcer Index

Depth and duration of drawdowns from previous peaks

16.79%

2.91%

+13.88%

Volatility

IVRS vs. EFV - Volatility Comparison

iShares Future Metaverse Tech And Communications ETF (IVRS) has a higher volatility of 7.97% compared to iShares MSCI EAFE Value ETF (EFV) at 3.85%. This indicates that IVRS's price experiences larger fluctuations and is considered to be riskier than EFV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

IVRSEFVDifference

Volatility (1M)

Calculated over the trailing 1-month period

7.97%

3.85%

+4.12%

Volatility (6M)

Calculated over the trailing 6-month period

19.96%

12.21%

+7.75%

Volatility (1Y)

Calculated over the trailing 1-year period

23.89%

14.39%

+9.50%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

20.88%

15.95%

+4.93%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

20.88%

17.46%

+3.42%

IVRS vs. EFV - Expense Ratio Comparison

IVRS has a 0.47% expense ratio, which is higher than EFV's 0.31% expense ratio.

Dividends

IVRS vs. EFV - Dividend Comparison

IVRS's dividend yield for the trailing twelve months is around 8.62%, more than EFV's 4.51% yield.

PositionTTM20252024202320222021202020192018201720162015
EFV
iShares MSCI EAFE Value ETF		4.51%4.16%4.66%4.36%4.17%4.07%2.42%4.62%4.56%3.56%3.28%3.59%
IVRS
iShares Future Metaverse Tech And Communications ETF		8.62%7.88%6.65%0.48%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

IVRS and EFV have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

IVRS has higher volatility (7.97%) compared to EFV (3.85%). In terms of maximum drawdown, IVRS dropped -31.43% vs EFV's -63.94%.

On 3-year performance, EFV leads with 23.11% vs 7.73% for IVRS. On fees, EFV is cheaper at 0.31% per year. On volatility, EFV has been the lower-risk option at 3.85%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 3-year period, EFV has performed better with a 23.11% return vs 7.73%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

EFV is cheaper with a 0.31% expense ratio, compared with 0.47% for IVRS.

IVRS has the higher dividend yield at 8.62%, compared with 4.51% for EFV.

IVRS is categorized as Technology Equities, while EFV is Foreign Large Cap Equities. IVRS tracks Morningstar Global Metaverse & Virtual Interaction Select Index - Benchmark TR Net, while EFV tracks MSCI EAFE Value Index (Net). Their fees differ too: 0.47% for IVRS and 0.31% for EFV.

EFV currently has the higher Sharpe Ratio (2.42 vs -0.49), 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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