MINV.L vs. VEA
Compare and contrast key facts about iShares Edge MSCI World Minimum Volatility UCITS ETF (MINV.L) and Vanguard FTSE Developed Markets ETF (VEA).
MINV.L and VEA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MINV.L is a passively managed fund by iShares that tracks the performance of the MSCI ACWI NR USD. It was launched on Nov 30, 2012. VEA is a passively managed fund by Vanguard that tracks the performance of the MSCI EAFE Index. It was launched on Jul 20, 2007. Both MINV.L and VEA are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MINV.L or VEA.
Key characteristics
| MINV.L | VEA | |
|---|---|---|
| YTD Return | 11.06% | 9.32% |
| 1Y Return | 11.96% | 17.24% |
| 3Y Return (Ann) | 6.40% | 2.83% |
| 5Y Return (Ann) | 4.90% | 7.59% |
| 10Y Return (Ann) | 10.28% | 5.37% |
| Sharpe Ratio | 1.44 | 1.31 |
| Daily Std Dev | 7.64% | 13.21% |
| Max Drawdown | -20.38% | -60.70% |
| Current Drawdown | -1.18% | -1.55% |
Correlation
The correlation between MINV.L and VEA is 0.57, 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.
Performance
MINV.L vs. VEA - Performance Comparison
In the year-to-date period, MINV.L achieves a 11.06% return, which is significantly higher than VEA's 9.32% return. Over the past 10 years, MINV.L has outperformed VEA with an annualized return of 10.28%, while VEA has yielded a comparatively lower 5.37% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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MINV.L vs. VEA - Expense Ratio Comparison
MINV.L has a 0.35% expense ratio, which is higher than VEA's 0.05% expense ratio.
Risk-Adjusted Performance
MINV.L vs. VEA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI World Minimum Volatility UCITS ETF (MINV.L) and Vanguard FTSE Developed Markets ETF (VEA). 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.
Dividends
MINV.L vs. VEA - Dividend Comparison
MINV.L has not paid dividends to shareholders, while VEA's dividend yield for the trailing twelve months is around 2.63%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MINV.L iShares Edge MSCI World Minimum Volatility UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VEA Vanguard FTSE Developed Markets ETF | 2.63% | 3.15% | 2.91% | 3.16% | 2.04% | 3.04% | 3.35% | 2.77% | 3.05% | 2.92% | 3.68% | 2.60% |
Drawdowns
MINV.L vs. VEA - Drawdown Comparison
The maximum MINV.L drawdown since its inception was -20.38%, smaller than the maximum VEA drawdown of -60.70%. Use the drawdown chart below to compare losses from any high point for MINV.L and VEA. For additional features, visit the drawdowns tool.
Volatility
MINV.L vs. VEA - Volatility Comparison
The current volatility for iShares Edge MSCI World Minimum Volatility UCITS ETF (MINV.L) is 2.91%, while Vanguard FTSE Developed Markets ETF (VEA) has a volatility of 4.08%. This indicates that MINV.L experiences smaller price fluctuations and is considered to be less risky than VEA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.