IWVL.L vs. DFIV

Last updated Apr 1, 2026

Compare and contrast key facts about iShares Edge MSCI World Value Factor UCITS ETF USD (Acc) (IWVL.L) and Dimensional International Value ETF (DFIV).

IWVL.L and DFIV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IWVL.L is a passively managed fund by iShares that tracks the performance of the MSCI World Enhanced Value Index. It was launched on Oct 3, 2014. DFIV is an actively managed fund by Dimensional. It was launched on Apr 16, 1999.

Performance

IWVL.L vs. DFIV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Edge MSCI World Value Factor UCITS ETF USD (Acc) (IWVL.L) and Dimensional International Value ETF (DFIV). The values are adjusted to include any dividend payments, if applicable.

IWVL.L vs. DFIV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
IWVL.L iShares Edge MSCI World Value Factor UCITS ETF USD (Acc)	1.87%	40.41%	5.13%	19.53%	-9.79%	1.50%
DFIV Dimensional International Value ETF	5.98%	45.36%	7.26%	17.75%	-3.70%	0.08%

Returns By Period

In the year-to-date period, IWVL.L achieves a 1.87% return, which is significantly lower than DFIV's 5.98% return.

IWVL.L

• 1D: -0.13%
• 1M: -8.45%
• YTD: 1.87%
• 6M: 12.71%
• 1Y: 34.17%
• 3Y*: 19.41%
• 5Y*: 11.25%
• 10Y*: 10.29%

DFIV

• 1D: 2.74%
• 1M: -5.65%
• YTD: 5.98%
• 6M: 15.53%
• 1Y: 38.38%
• 3Y*: 22.24%
• 5Y*: —
• 10Y*: —

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

IWVL.L vs. DFIV - Expense Ratio Comparison

IWVL.L has a 0.25% expense ratio, which is lower than DFIV's 0.27% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

DFIV

Dimensional International Value ETF

IWVL.L

iShares Edge MSCI World Value Factor UCITS ETF USD (Acc)

Return for Risk

IWVL.L vs. DFIV — Risk / Return Rank

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

IWVL.L

IWVL.L Risk / Return Rank: 91
IWVL.L Sharpe Ratio Rank: 93
IWVL.L Sortino Ratio Rank: 92
IWVL.L Omega Ratio Rank: 92
IWVL.L Calmar Ratio Rank: 89
IWVL.L Martin Ratio Rank: 92

DFIV

DFIV Risk / Return Rank: 94
DFIV Sharpe Ratio Rank: 94
DFIV Sortino Ratio Rank: 95
DFIV Omega Ratio Rank: 95
DFIV Calmar Ratio Rank: 91
DFIV Martin Ratio Rank: 94

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.

IWVL.L vs. DFIV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI World Value Factor UCITS ETF USD (Acc) (IWVL.L) and Dimensional International Value ETF (DFIV). 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.

	IWVL.L	DFIV	Difference
Sharpe ratio Return per unit of total volatility	2.11	2.25	-0.14
Sortino ratio Return per unit of downside risk	2.70	2.94	-0.23
Omega ratio Gain probability vs. loss probability	1.40	1.46	-0.06
Calmar ratio Return relative to maximum drawdown	2.78	3.08	-0.30
Martin ratio Return relative to average drawdown	12.34	13.72	-1.37
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IWVL.L vs. DFIV - Sharpe Ratio Comparison

The current IWVL.L Sharpe Ratio is 2.11, which is comparable to the DFIV Sharpe Ratio of 2.25. The chart below compares the historical Sharpe Ratios of IWVL.L and DFIV, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	IWVL.L	DFIV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.11	2.25	-0.14
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.72	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.61	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.48	0.89	-0.41

Correlation

The correlation between IWVL.L and DFIV is 0.69, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

IWVL.L vs. DFIV - Dividend Comparison

IWVL.L has not paid dividends to shareholders, while DFIV's dividend yield for the trailing twelve months is around 2.69%.

	TTM	2025	2024	2023	2022	2021
IWVL.L iShares Edge MSCI World Value Factor UCITS ETF USD (Acc)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
DFIV Dimensional International Value ETF	2.69%	2.92%	3.88%	3.93%	3.84%	2.30%

Drawdowns

IWVL.L vs. DFIV - Drawdown Comparison

The maximum IWVL.L drawdown since its inception was -39.30%, which is greater than DFIV's maximum drawdown of -25.42%. Use the drawdown chart below to compare losses from any high point for IWVL.L and DFIV.

Drawdown Indicators

	IWVL.L	DFIV	Difference
Max Drawdown Largest peak-to-trough decline	-39.30%	-25.42%	-13.88%
Max Drawdown (1Y) Largest decline over 1 year	-12.04%	-12.12%	+0.08%
Max Drawdown (5Y) Largest decline over 5 years	-26.55%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-39.30%	—	—
Current Drawdown Current decline from peak	-8.74%	-5.95%	-2.79%
Average Drawdown Average peak-to-trough decline	-7.60%	-4.58%	-3.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.71%	2.72%	-0.01%

Volatility

IWVL.L vs. DFIV - Volatility Comparison

iShares Edge MSCI World Value Factor UCITS ETF USD (Acc) (IWVL.L) and Dimensional International Value ETF (DFIV) have volatilities of 6.77% and 6.81%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IWVL.L	DFIV	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.77%	6.81%	-0.04%
Volatility (6M) Calculated over the trailing 6-month period	10.39%	10.46%	-0.07%
Volatility (1Y) Calculated over the trailing 1-year period	16.16%	17.16%	-1.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.60%	16.71%	-1.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.81%	16.71%	+0.10%