IWD vs. FEVIX
IWD (iShares Russell 1000 Value ETF) and FEVIX (First Eagle U.S. Value Fund) are both funds - IWD is a Large Cap Value Equities fund tracking the Russell 1000 Value Index, while FEVIX is a Diversified Portfolio fund managed by First Eagle. Over the past 10 years, IWD returned 11.23%/yr vs 10.89%/yr for FEVIX. Their correlation of 0.90 suggests significant overlap in exposure. IWD charges 0.18%/yr vs 0.83%/yr for FEVIX.
Performance
IWD vs. FEVIX - Performance Comparison
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Returns By Period
In the year-to-date period, IWD achieves a 14.20% return, which is significantly higher than FEVIX's 4.96% return. Both investments have delivered pretty close results over the past 10 years, with IWD having a 11.23% annualized return and FEVIX not far behind at 10.89%.
IWD
- 1D
- -0.01%
- 1M
- 4.22%
- YTD
- 14.20%
- 6M
- 14.76%
- 1Y
- 28.16%
- 3Y*
- 18.40%
- 5Y*
- 10.17%
- 10Y*
- 11.23%
FEVIX
- 1D
- -0.24%
- 1M
- 1.38%
- YTD
- 4.96%
- 6M
- 6.17%
- 1Y
- 21.27%
- 3Y*
- 17.40%
- 5Y*
- 10.56%
- 10Y*
- 10.89%
IWD vs. FEVIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IWD iShares Russell 1000 Value ETF | 14.20% | 15.68% | 14.17% | 11.34% | -7.75% | 24.95% | 2.73% | 26.12% | -8.45% | 13.45% |
FEVIX First Eagle U.S. Value Fund | 4.96% | 22.95% | 15.94% | 14.64% | -5.45% | 18.89% | 6.80% | 19.72% | -5.56% | 13.02% |
Correlation
The correlation between IWD and FEVIX is 0.75, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.75 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.84 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.90 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.91 |
Correlation (All Time) Calculated using the full available price history since Sep 4, 2001 | 0.90 |
The correlation between IWD and FEVIX shifts across timeframes, from 0.75 (1 year) to 0.91 (10 years), reflecting how their relationship changes across market environments.
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Return for Risk
IWD vs. FEVIX — Risk / Return Rank
IWD
FEVIX
IWD vs. FEVIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Russell 1000 Value ETF (IWD) and First Eagle U.S. Value Fund (FEVIX). 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.
| IWD | FEVIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.41 | ||
| Sortino ratioReturn per unit of downside risk | +0.62 | ||
| Omega ratioGain probability vs. loss probability | 1.47 | 1.40 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 4.17 | 2.51 | +1.66 |
| Martin ratioReturn relative to average drawdown | 17.46 | 8.39 | +9.07 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| IWD | FEVIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.63 | 2.21 | +0.41 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.69 | 0.85 | -0.16 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.65 | 0.79 | -0.14 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.43 | 0.73 | -0.30 |
Drawdowns
IWD vs. FEVIX - Drawdown Comparison
The maximum IWD drawdown since its inception was -60.10%, which is greater than FEVIX's maximum drawdown of -36.44%. Use the drawdown chart below to compare losses from any high point for IWD and FEVIX.
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Drawdown Indicators
| IWD | FEVIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.10% | -36.44% | -23.66% |
Max Drawdown (1Y)Largest decline over 1 year | -6.79% | -8.72% | +1.93% |
Max Drawdown (3Y)Largest decline over 3 years | -15.71% | -10.47% | -5.24% |
Max Drawdown (5Y)Largest decline over 5 years | -19.04% | -19.34% | +0.30% |
Max Drawdown (10Y)Largest decline over 10 years | -38.51% | -29.97% | -8.54% |
Current DrawdownCurrent decline from peak | -0.01% | -3.59% | +3.58% |
Average DrawdownAverage peak-to-trough decline | -8.65% | -4.04% | -4.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.62% | 2.60% | -0.98% |
Volatility
IWD vs. FEVIX - Volatility Comparison
iShares Russell 1000 Value ETF (IWD) has a higher volatility of 2.90% compared to First Eagle U.S. Value Fund (FEVIX) at 2.24%. This indicates that IWD's price experiences larger fluctuations and is considered to be riskier than FEVIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IWD | FEVIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.90% | 2.24% | +0.66% |
Volatility (6M)Calculated over the trailing 6-month period | 8.06% | 7.84% | +0.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.77% | 9.90% | +0.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.81% | 12.51% | +2.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.29% | 13.80% | +3.49% |
IWD vs. FEVIX - Expense Ratio Comparison
IWD has a 0.18% expense ratio, which is lower than FEVIX's 0.83% expense ratio.
Dividends
IWD vs. FEVIX - Dividend Comparison
IWD's dividend yield for the trailing twelve months is around 1.50%, less than FEVIX's 9.02% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FEVIX First Eagle U.S. Value Fund | 9.02% | 9.46% | 6.79% | 6.67% | 8.32% | 9.28% | 1.93% | 8.58% | 16.27% | 9.09% | 8.76% | 5.07% |
IWD iShares Russell 1000 Value ETF | 1.50% | 1.69% | 1.87% | 2.02% | 2.15% | 1.62% | 2.05% | 2.45% | 2.71% | 2.09% | 2.25% | 2.47% |
Frequently Asked Questions
IWD and FEVIX have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IWD has higher volatility (2.90%) compared to FEVIX (2.24%). In terms of maximum drawdown, IWD dropped -60.10% vs FEVIX's -36.44%.
IWD currently has the higher Sharpe Ratio (2.63 vs 2.21), 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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