IVSI vs. IDEV
IVSI (Applied Finance IVS International Large ETF) and IDEV (iShares Core MSCI International Developed Markets ETF) are both Foreign Large Cap Equities funds. IVSI is actively managed, while IDEV is passively managed. Their correlation of 0.95 suggests significant overlap in exposure. IVSI charges 0.65%/yr vs 0.05%/yr for IDEV.
Performance
IVSI vs. IDEV - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with IVSI having a 10.20% return and IDEV slightly lower at 9.92%.
IVSI
- 1D
- 0.30%
- 1M
- 2.96%
- YTD
- 10.20%
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IDEV
- 1D
- 0.62%
- 1M
- 2.82%
- YTD
- 9.92%
- 6M
- 13.26%
- 1Y
- 23.41%
- 3Y*
- 17.76%
- 5Y*
- 8.88%
- 10Y*
- —
IVSI vs. IDEV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
IVSI Applied Finance IVS International Large ETF | 10.20% | 0.53% |
IDEV iShares Core MSCI International Developed Markets ETF | 9.92% | 0.76% |
Correlation
The correlation between IVSI and IDEV is 0.95, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Dec 12, 2025 | 0.95 |
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Return for Risk
IVSI vs. IDEV — Risk / Return Rank
IVSI
IDEV
IVSI vs. IDEV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Applied Finance IVS International Large ETF (IVSI) and iShares Core MSCI International Developed Markets ETF (IDEV). 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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Sharpe Ratios by Period
| IVSI | IDEV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 1.62 | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.55 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.39 | 0.55 | +0.84 |
Drawdowns
IVSI vs. IDEV - Drawdown Comparison
The maximum IVSI drawdown since its inception was -11.73%, smaller than the maximum IDEV drawdown of -34.77%. Use the drawdown chart below to compare losses from any high point for IVSI and IDEV.
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Drawdown Indicators
| IVSI | IDEV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -11.73% | -34.77% | +23.04% |
Max Drawdown (1Y)Largest decline over 1 year | — | -11.20% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -13.41% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -29.15% | — |
Current DrawdownCurrent decline from peak | -0.71% | -0.08% | -0.63% |
Average DrawdownAverage peak-to-trough decline | -2.61% | -6.57% | +3.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.85% | — |
Volatility
IVSI vs. IDEV - Volatility Comparison
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Volatility by Period
| IVSI | IDEV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 4.71% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 12.07% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 17.81% | 14.52% | +3.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.81% | 16.26% | +1.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.81% | 17.27% | +0.54% |
IVSI vs. IDEV - Expense Ratio Comparison
IVSI has a 0.65% expense ratio, which is higher than IDEV's 0.05% expense ratio.
Dividends
IVSI vs. IDEV - Dividend Comparison
IVSI's dividend yield for the trailing twelve months is around 0.04%, less than IDEV's 3.10% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
IDEV iShares Core MSCI International Developed Markets ETF | 3.10% | 3.40% | 3.30% | 3.07% | 2.69% | 3.05% | 2.00% | 3.18% | 3.16% | 1.54% |
IVSI Applied Finance IVS International Large ETF | 0.04% | 0.04% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.95, IVSI and IDEV 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.
On fees, IDEV is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IDEV is cheaper with a 0.05% expense ratio, compared with 0.65% for IVSI.
IDEV has the higher dividend yield at 3.10%, compared with 0.04% for IVSI.
They also come from different issuers: Applied Finance and iShares. Their fees differ too: 0.65% for IVSI and 0.05% for IDEV.
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