MINV.L vs. MVUS.L

Last updated Jun 9, 2026

MINV.L (iShares Edge MSCI World Minimum Volatility UCITS ETF) and MVUS.L (iShares Edge S&P 500 Minimum Volatility UCITS ETF USD (Acc)) are both exchange-traded funds - MINV.L is a Global Equities fund tracking the MSCI ACWI NR USD, while MVUS.L is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. Over the past 10 years, MINV.L returned 7.79%/yr vs 11.19%/yr for MVUS.L. Their correlation of 0.89 suggests significant overlap in exposure. MINV.L charges 0.35%/yr vs 0.20%/yr for MVUS.L.

Performance

MINV.L vs. MVUS.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in iShares Edge MSCI World Minimum Volatility UCITS ETF (MINV.L) and iShares Edge S&P 500 Minimum Volatility UCITS ETF USD (Acc) (MVUS.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MINV.L achieves a 1.32% return, which is significantly lower than MVUS.L's 4.03% return. Over the past 10 years, MINV.L has underperformed MVUS.L with an annualized return of 7.79%, while MVUS.L has yielded a comparatively higher 11.19% annualized return.

MINV.L

• 1D: -0.14%
• 1M: 2.88%
• YTD: 1.32%
• 6M: 1.62%
• 1Y: 2.83%
• 3Y*: 7.11%
• 5Y*: 6.20%
• 10Y*: 7.79%

MVUS.L

• 1D: -0.44%
• 1M: 4.47%
• YTD: 4.03%
• 6M: 4.68%
• 1Y: 11.77%
• 3Y*: 11.21%
• 5Y*: 9.95%
• 10Y*: 11.19%

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

MINV.L vs. MVUS.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MINV.L iShares Edge MSCI World Minimum Volatility UCITS ETF	1.32%	3.37%	12.86%	1.50%	1.23%	15.98%	-1.05%	18.84%	3.17%	7.00%
MVUS.L iShares Edge S&P 500 Minimum Volatility UCITS ETF USD (Acc)	4.03%	3.88%	20.71%	3.83%	-0.36%	26.59%	3.87%	26.86%	-0.36%	6.22%

Correlation

The correlation between MINV.L and MVUS.L is 0.71, 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	0.71
Correlation (3Y) Calculated over the trailing 3-year period	0.79
Correlation (5Y) Calculated over the trailing 5-year period	0.86
Correlation (10Y) Calculated over the trailing 10-year period	0.89
Correlation (All Time) Calculated using the full available price history since Dec 3, 2012	0.89

The correlation between MINV.L and MVUS.L shifts across timeframes, from 0.71 (1 year) to 0.89 (10 years), reflecting how their relationship changes across market environments.

MINV.L vs. MVUS.L - Sectors Allocation Comparison

Sectors	MINV.L	MVUS.L
Technology	21.6%	29.0%
Financial Services	14.0%	17.8%
Healthcare	13.7%	13.3%
Communication Services	11.9%	6.5%
Consumer Defensive	10.9%	10.4%
Industrials	9.2%	5.7%
Utilities	7.7%	2.9%
Consumer Cyclical	5.3%	6.9%
Energy	4.1%	5.2%
Basic Materials	1.1%	2.3%
Real Estate	0.7%	0.2%

Return for Risk

MINV.L vs. MVUS.L — Risk / Return Rank

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

MINV.L

MINV.L Risk / Return Rank: 15
MINV.L Sharpe Ratio Rank: 15
MINV.L Sortino Ratio Rank: 14
MINV.L Omega Ratio Rank: 14
MINV.L Calmar Ratio Rank: 15
MINV.L Martin Ratio Rank: 15

MVUS.L

MVUS.L Risk / Return Rank: 46
MVUS.L Sharpe Ratio Rank: 47
MVUS.L Sortino Ratio Rank: 46
MVUS.L Omega Ratio Rank: 45
MVUS.L Calmar Ratio Rank: 48
MVUS.L Martin Ratio Rank: 46

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.

MINV.L vs. MVUS.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI World Minimum Volatility UCITS ETF (MINV.L) and iShares Edge S&P 500 Minimum Volatility UCITS ETF USD (Acc) (MVUS.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.

	MINV.L	MVUS.L	Difference
Sharpe ratio: Return per unit of total volatility	0.36	1.46	-1.10
Sortino ratio: Return per unit of downside risk	0.58	2.07	-1.49
Omega ratio: Gain probability vs. loss probability	1.06	1.26	-0.20
Calmar ratio: Return relative to maximum drawdown	0.45	2.18	-1.73
Martin ratio: Return relative to average drawdown	1.21	6.82	-5.62
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MINV.L vs. MVUS.L - Sharpe Ratio Comparison

The current MINV.L Sharpe Ratio is 0.36, which is lower than the MVUS.L Sharpe Ratio of 1.46. The chart below compares the historical Sharpe Ratios of MINV.L and MVUS.L, 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

	MINV.L	MVUS.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.36	1.46	-1.10
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.37	0.54	-0.18
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.51	0.66	-0.15
Sharpe Ratio (All Time) Calculated using the full available price history	0.33	0.49	-0.16

Drawdowns

MINV.L vs. MVUS.L - Drawdown Comparison

The maximum MINV.L drawdown since its inception was -39.64%, roughly equal to the maximum MVUS.L drawdown of -39.22%. Use the drawdown chart below to compare losses from any high point for MINV.L and MVUS.L.

Drawdown Indicators

	MINV.L	MVUS.L	Difference
Max Drawdown Largest peak-to-trough decline	-39.64%	-39.22%	-0.42%
Max Drawdown (1Y) Largest decline over 1 year	-6.31%	-5.39%	-0.92%
Max Drawdown (3Y) Largest decline over 3 years	-20.10%	-20.40%	+0.30%
Max Drawdown (5Y) Largest decline over 5 years	-20.10%	-20.40%	+0.30%
Max Drawdown (10Y) Largest decline over 10 years	-20.38%	-24.85%	+4.47%
Current Drawdown Current decline from peak	-3.30%	-0.44%	-2.86%
Average Drawdown Average peak-to-trough decline	-8.68%	-7.21%	-1.47%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.34%	1.72%	+0.62%

Volatility

MINV.L vs. MVUS.L - Volatility Comparison

iShares Edge MSCI World Minimum Volatility UCITS ETF (MINV.L) has a higher volatility of 2.52% compared to iShares Edge S&P 500 Minimum Volatility UCITS ETF USD (Acc) (MVUS.L) at 2.34%. This indicates that MINV.L's price experiences larger fluctuations and is considered to be riskier than MVUS.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MINV.L	MVUS.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.52%	2.34%	+0.18%
Volatility (6M) Calculated over the trailing 6-month period	5.84%	5.60%	+0.24%
Volatility (1Y) Calculated over the trailing 1-year period	7.91%	8.05%	-0.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.97%	18.31%	-1.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.40%	16.99%	-1.59%

MINV.L vs. MVUS.L - Expense Ratio Comparison

MINV.L has a 0.35% expense ratio, which is higher than MVUS.L's 0.20% expense ratio.

Dividends

MINV.L vs. MVUS.L - Dividend Comparison

Neither MINV.L nor MVUS.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both MINV.L and MVUS.L in my portfolio?

MINV.L and MVUS.L have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MINV.L or MVUS.L?

On fees, MVUS.L is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MINV.L or MVUS.L?

MVUS.L is cheaper with a 0.20% expense ratio, compared with 0.35% for MINV.L.

What is the main difference between MINV.L and MVUS.L?

MINV.L is categorized as Global Equities, while MVUS.L is S&P 500. MINV.L tracks MSCI ACWI NR USD, while MVUS.L tracks S&P 500 Index. Their fees differ too: 0.35% for MINV.L and 0.20% for MVUS.L.