IWVU.L vs. XDEV.L
IWVU.L (iShares Edge MSCI World Value Factor UCITS ETF USD (Dist)) and XDEV.L (Xtrackers MSCI World Value Factor UCITS ETF 1C) are both Global Equities funds - IWVU.L tracks the iShares Edge MSCI World Value Factor UCITS ETF USD (Dist) while XDEV.L tracks the MSCI ACWI Value NR USD. Both are passively managed. Over the past 5 years, IWVU.L returned 16.33%/yr vs 16.75%/yr for XDEV.L. Their correlation of 0.92 suggests significant overlap in exposure. IWVU.L charges 0.30%/yr vs 0.25%/yr for XDEV.L.
Performance
IWVU.L vs. XDEV.L - Performance Comparison
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Different Trading Currencies
IWVU.L is traded in USD, while XDEV.L is traded in GBp. To make them comparable, the XDEV.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, IWVU.L achieves a 28.22% return, which is significantly lower than XDEV.L's 30.33% return.
IWVU.L
- 1D
- -0.53%
- 1M
- -4.95%
- 6M
- 24.05%
- YTD
- 28.22%
- 1Y
- 55.13%
- 3Y*
- 26.33%
- 5Y*
- 16.33%
- 10Y*
- —
XDEV.L
- 1D
- -1.10%
- 1M
- -3.59%
- 6M
- 26.45%
- YTD
- 30.33%
- 1Y
- 57.83%
- 3Y*
- 26.88%
- 5Y*
- 16.75%
- 10Y*
- 12.23%
IWVU.L vs. XDEV.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
IWVU.L iShares Edge MSCI World Value Factor UCITS ETF USD (Dist) | 28.22% | 40.59% | 4.85% | 19.74% | -9.88% | 20.13% | -3.59% | 18.01% | -15.78% |
XDEV.L Xtrackers MSCI World Value Factor UCITS ETF 1C | 30.33% | 40.36% | 5.01% | 19.23% | -9.79% | 20.57% | -4.03% | 19.16% | -16.33% |
Correlation
The correlation between IWVU.L and XDEV.L is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.94 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.91 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.92 |
Correlation (All Time) Calculated using the full available price history since Feb 27, 2018 | 0.92 |
The correlation between IWVU.L and XDEV.L has been stable across timeframes, ranging from 0.91 to 0.94 - a consistent structural relationship.
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Return for Risk
IWVU.L vs. XDEV.L — Risk / Return Rank
IWVU.L
XDEV.L
IWVU.L vs. XDEV.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI World Value Factor UCITS ETF USD (Dist) (IWVU.L) and Xtrackers MSCI World Value Factor UCITS ETF 1C (XDEV.L). 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.
| IWVU.L | XDEV.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.27 | ||
| Sortino ratioReturn per unit of downside risk | -0.35 | ||
| Omega ratioGain probability vs. loss probability | 1.58 | 1.62 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 6.52 | 6.59 | -0.07 |
| Martin ratioReturn relative to average drawdown | 22.24 | 23.86 | -1.61 |
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Drawdowns
IWVU.L vs. XDEV.L - Drawdown Comparison
The maximum IWVU.L drawdown since its inception was -36.21%, smaller than the maximum XDEV.L drawdown of -50.32%. Use the drawdown chart below to compare losses from any high point for IWVU.L and XDEV.L.
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Drawdown Indicators
| IWVU.L | XDEV.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.21% | -50.32% | +14.11% |
Max Drawdown (1Y)Largest decline over 1 year | -8.56% | -8.73% | +0.17% |
Max Drawdown (3Y)Largest decline over 3 years | -14.45% | -18.80% | +4.35% |
Max Drawdown (5Y)Largest decline over 5 years | -26.58% | -26.72% | +0.14% |
Max Drawdown (10Y)Largest decline over 10 years | — | -41.02% | — |
Current DrawdownCurrent decline from peak | -5.33% | -3.88% | -1.45% |
Average DrawdownAverage peak-to-trough decline | -6.67% | -21.78% | +15.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.52% | 2.42% | +0.10% |
Volatility
IWVU.L vs. XDEV.L - Volatility Comparison
iShares Edge MSCI World Value Factor UCITS ETF USD (Dist) (IWVU.L) has a higher volatility of 6.26% compared to Xtrackers MSCI World Value Factor UCITS ETF 1C (XDEV.L) at 5.95%. This indicates that IWVU.L's price experiences larger fluctuations and is considered to be riskier than XDEV.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IWVU.L | XDEV.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.26% | 5.95% | +0.31% |
Volatility (6M)Calculated over the trailing 6-month period | 14.94% | 13.95% | +0.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.06% | 16.24% | +0.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.31% | 20.88% | -4.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.91% | 22.09% | -4.18% |
IWVU.L vs. XDEV.L - Expense Ratio Comparison
IWVU.L has a 0.30% expense ratio, which is higher than XDEV.L's 0.25% expense ratio.
Dividends
IWVU.L vs. XDEV.L - Dividend Comparison
IWVU.L's dividend yield for the trailing twelve months is around 1.92%, while XDEV.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
IWVU.L iShares Edge MSCI World Value Factor UCITS ETF USD (Dist) | 1.92% | 2.50% | 3.17% | 3.23% | 3.17% | 2.63% | 2.25% | 2.83% | 2.51% |
XDEV.L Xtrackers MSCI World Value Factor UCITS ETF 1C | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.94, IWVU.L and XDEV.L 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, XDEV.L is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XDEV.L is cheaper with a 0.25% expense ratio, compared with 0.30% for IWVU.L.
IWVU.L tracks iShares Edge MSCI World Value Factor UCITS ETF USD (Dist), while XDEV.L tracks MSCI ACWI Value NR USD. They also come from different issuers: iShares and DWS. Their fees differ too: 0.30% for IWVU.L and 0.25% for XDEV.L.
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