IXUS vs. IDEV

Last updated Jun 3, 2026

IXUS (iShares Core MSCI Total International Stock ETF) and IDEV (iShares Core MSCI International Developed Markets ETF) are both Foreign Large Cap Equities funds from iShares - IXUS tracks the MSCI ACWI ex USA Investable Market Index while IDEV tracks the MSCI World ex USA Investable Market Index. Both are passively managed. Over the past 5 years, IXUS returned 8.80%/yr vs 8.88%/yr for IDEV. With a 0.96 correlation, they move nearly in lockstep. IXUS charges 0.09%/yr vs 0.05%/yr for IDEV.

Performance

IXUS vs. IDEV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Core MSCI Total International Stock ETF (IXUS) and iShares Core MSCI International Developed Markets ETF (IDEV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IXUS achieves a 15.68% return, which is significantly higher than IDEV's 9.92% return.

IXUS

• 1D: 0.82%
• 1M: 5.03%
• YTD: 15.68%
• 6M: 18.71%
• 1Y: 32.90%
• 3Y*: 19.85%
• 5Y*: 8.80%
• 10Y*: 9.89%

IDEV

• 1D: 0.62%
• 1M: 2.82%
• YTD: 9.92%
• 6M: 13.26%
• 1Y: 23.41%
• 3Y*: 17.76%
• 5Y*: 8.88%
• 10Y*: —

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

IXUS vs. IDEV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IXUS iShares Core MSCI Total International Stock ETF	15.68%	32.40%	5.19%	15.83%	-16.47%	8.86%	10.80%	21.71%	-14.41%	18.13%
IDEV iShares Core MSCI International Developed Markets ETF	9.92%	32.56%	4.54%	17.36%	-14.99%	13.00%	8.32%	23.12%	-14.10%	17.29%

Correlation

The correlation between IXUS and IDEV is 0.97 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.97
Correlation (3Y) Calculated over the trailing 3-year period	0.97
Correlation (5Y) Calculated over the trailing 5-year period	0.97
Correlation (All Time) Calculated using the full available price history since Mar 24, 2017	0.96

The correlation between IXUS and IDEV has been stable across timeframes, ranging from 0.96 to 0.97 - a consistent structural relationship.

IXUS vs. IDEV - Sectors Allocation Comparison

Sectors	IXUS	IDEV
Financial Services	22.4%	24.2%
Technology	18.0%	9.9%
Industrials	15.9%	19.1%
Consumer Cyclical	8.3%	7.7%
Basic Materials	7.6%	8.0%
Healthcare	7.1%	8.6%
Energy	5.2%	5.9%
Consumer Defensive	5.1%	6.0%
Communication Services	4.8%	4.0%
Utilities	3.2%	3.7%
Real Estate	2.5%	2.9%

Return for Risk

IXUS vs. IDEV — Risk / Return Rank

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

IXUS

IXUS Risk / Return Rank: 63
IXUS Sharpe Ratio Rank: 64
IXUS Sortino Ratio Rank: 63
IXUS Omega Ratio Rank: 65
IXUS Calmar Ratio Rank: 60
IXUS Martin Ratio Rank: 65

IDEV

IDEV Risk / Return Rank: 47
IDEV Sharpe Ratio Rank: 46
IDEV Sortino Ratio Rank: 46
IDEV Omega Ratio Rank: 45
IDEV Calmar Ratio Rank: 44
IDEV Martin Ratio Rank: 51

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.

IXUS vs. IDEV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Core MSCI Total International Stock ETF (IXUS) 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.

	IXUS	IDEV	Difference
Sharpe ratio Return per unit of total volatility	2.16	1.62	+0.53
Sortino ratio Return per unit of downside risk	2.96	2.31	+0.65
Omega ratio Gain probability vs. loss probability	1.40	1.29	+0.10
Calmar ratio Return relative to maximum drawdown	3.02	2.22	+0.80
Martin ratio Return relative to average drawdown	11.86	8.73	+3.12
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IXUS vs. IDEV - Sharpe Ratio Comparison

The current IXUS Sharpe Ratio is 2.16, which is higher than the IDEV Sharpe Ratio of 1.62. The chart below compares the historical Sharpe Ratios of IXUS and IDEV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	IXUS	IDEV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.16	1.62	+0.53
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.55	0.55	0.00
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.58	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.50	0.55	-0.05

Drawdowns

IXUS vs. IDEV - Drawdown Comparison

The maximum IXUS drawdown since its inception was -36.22%, roughly equal to the maximum IDEV drawdown of -34.77%. Use the drawdown chart below to compare losses from any high point for IXUS and IDEV.

Drawdown Indicators

	IXUS	IDEV	Difference
Max Drawdown Largest peak-to-trough decline	-36.22%	-34.77%	-1.45%
Max Drawdown (1Y) Largest decline over 1 year	-11.36%	-11.20%	-0.16%
Max Drawdown (3Y) Largest decline over 3 years	-13.75%	-13.41%	-0.34%
Max Drawdown (5Y) Largest decline over 5 years	-30.04%	-29.15%	-0.89%
Max Drawdown (10Y) Largest decline over 10 years	-36.22%	—	—
Current Drawdown Current decline from peak	0.00%	-0.08%	+0.08%
Average Drawdown Average peak-to-trough decline	-7.51%	-6.57%	-0.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.90%	2.85%	+0.05%

Volatility

IXUS vs. IDEV - Volatility Comparison

iShares Core MSCI Total International Stock ETF (IXUS) has a higher volatility of 5.62% compared to iShares Core MSCI International Developed Markets ETF (IDEV) at 4.71%. This indicates that IXUS's price experiences larger fluctuations and is considered to be riskier than IDEV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IXUS	IDEV	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.62%	4.71%	+0.91%
Volatility (6M) Calculated over the trailing 6-month period	13.12%	12.07%	+1.05%
Volatility (1Y) Calculated over the trailing 1-year period	15.36%	14.52%	+0.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.21%	16.26%	-0.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.07%	17.27%	-0.20%

IXUS vs. IDEV - Expense Ratio Comparison

IXUS has a 0.09% expense ratio, which is higher than IDEV's 0.05% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

IXUS vs. IDEV - Dividend Comparison

IXUS's dividend yield for the trailing twelve months is around 2.80%, less than IDEV's 3.10% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%	0.00%	0.00%
IXUS iShares Core MSCI Total International Stock ETF	2.80%	3.24%	3.33%	3.13%	2.48%	3.12%	1.85%	3.09%	3.00%	2.41%	2.58%	2.81%

Frequently Asked Questions

Can I hold both IXUS and IDEV in my portfolio?

With a correlation of 0.97, IXUS 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.

Which is riskier, IXUS or IDEV?

IXUS has higher volatility (5.62%) compared to IDEV (4.71%). In terms of maximum drawdown, IXUS dropped -36.22% vs IDEV's -34.77%.

Which ETF is better, IXUS or IDEV?

On 5-year performance, IDEV leads with 8.88% vs 8.80% for IXUS. On fees, IDEV is cheaper at 0.05% per year. On volatility, IDEV has been the lower-risk option at 4.71%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IXUS or IDEV?

Over the 5-year period, IDEV has performed better with a 8.88% return vs 8.80%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IXUS or IDEV?

IDEV is cheaper with a 0.05% expense ratio, compared with 0.09% for IXUS.

Which ETF pays a higher dividend yield, IXUS or IDEV?

IDEV has the higher dividend yield at 3.10%, compared with 2.80% for IXUS.

What is the main difference between IXUS and IDEV?

IXUS tracks MSCI ACWI ex USA Investable Market Index, while IDEV tracks MSCI World ex USA Investable Market Index. Their fees differ too: 0.09% for IXUS and 0.05% for IDEV.

Which has better risk-adjusted returns?

IXUS currently has the higher Sharpe Ratio (2.16 vs 1.62), 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.