IVSI vs. JIVE

Last updated Jul 17, 2026

IVSI (Applied Finance IVS International Large ETF) and JIVE (JPMorgan International Value ETF) are both Foreign Large Cap Equities funds. Both are actively managed. Their correlation of 0.90 suggests significant overlap in exposure. IVSI charges 0.65%/yr vs 0.55%/yr for JIVE.

Performance

IVSI vs. JIVE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Applied Finance IVS International Large ETF (IVSI) and JPMorgan International Value ETF (JIVE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IVSI achieves a 12.82% return, which is significantly lower than JIVE's 16.06% return.

IVSI

• 1D: -0.35%
• 1M: 0.54%
• 6M: 9.50%
• YTD: 12.82%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

JIVE

• 1D: -0.69%
• 1M: -1.47%
• 6M: 11.38%
• YTD: 16.06%
• 1Y: 38.07%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

IVSI vs. JIVE - Yearly Performance Comparison

	2026 (YTD)	2025
IVSI Applied Finance IVS International Large ETF	12.82%	0.66%
JIVE JPMorgan International Value ETF	16.06%	2.40%

Correlation

The correlation between IVSI and JIVE is 0.90, 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 11, 2025	0.90

Return for Risk

IVSI vs. JIVE — Risk / Return Rank

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

IVSI

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

JIVE

JIVE Risk / Return Rank: 88
JIVE Sharpe Ratio Rank: 92
JIVE Sortino Ratio Rank: 90
JIVE Omega Ratio Rank: 89
JIVE Calmar Ratio Rank: 84
JIVE Martin Ratio Rank: 85

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.

IVSI vs. JIVE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Applied Finance IVS International Large ETF (IVSI) and JPMorgan International Value ETF (JIVE). 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.

	IVSI	JIVE	Difference
Sharpe ratio: Return per unit of total volatility	—	2.53	—
Sortino ratio: Return per unit of downside risk	—	3.35	—
Omega ratio: Gain probability vs. loss probability	—	1.45	—
Calmar ratio: Return relative to maximum drawdown	—	3.62	—
Martin ratio: Return relative to average drawdown	—	13.60	—

Drawdowns

IVSI vs. JIVE - Drawdown Comparison

The maximum IVSI drawdown since its inception was -11.73%, smaller than the maximum JIVE drawdown of -13.79%. Use the drawdown chart below to compare losses from any high point for IVSI and JIVE.

Drawdown Indicators

	IVSI	JIVE	Difference
Max Drawdown Largest peak-to-trough decline	-11.73%	-13.79%	+2.06%
Max Drawdown (1Y) Largest decline over 1 year	—	-10.57%	—
Current Drawdown Current decline from peak	-0.87%	-1.47%	+0.60%
Average Drawdown Average peak-to-trough decline	-2.25%	-1.95%	-0.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.81%	—

Volatility

Volatility by Period

	IVSI	JIVE	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.14%	—
Volatility (6M) Calculated over the trailing 6-month period	—	13.17%	—
Volatility (1Y) Calculated over the trailing 1-year period	17.28%	15.13%	+2.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.28%	15.09%	+2.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.28%	15.09%	+2.19%

IVSI vs. JIVE - Expense Ratio Comparison

IVSI has a 0.65% expense ratio, which is higher than JIVE's 0.55% expense ratio.

Dividends

IVSI vs. JIVE - Dividend Comparison

IVSI's dividend yield for the trailing twelve months is around 0.04%, less than JIVE's 2.48% yield.

Position	TTM	2025	2024	2023
IVSI Applied Finance IVS International Large ETF	0.04%	0.04%	0.00%	0.00%
JIVE JPMorgan International Value ETF	2.48%	2.88%	2.48%	0.74%

Frequently Asked Questions

Can I hold both IVSI and JIVE in my portfolio?

With a correlation of 0.90, IVSI and JIVE 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 ETF is better, IVSI or JIVE?

On fees, JIVE is cheaper at 0.55% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IVSI or JIVE?

JIVE is cheaper with a 0.55% expense ratio, compared with 0.65% for IVSI.

Which ETF pays a higher dividend yield, IVSI or JIVE?

JIVE has the higher dividend yield at 2.48%, compared with 0.04% for IVSI.

What is the main difference between IVSI and JIVE?

They also come from different issuers: Applied Finance and JPMorgan. Their fees differ too: 0.65% for IVSI and 0.55% for JIVE.