MIVL vs. EFAV
MIVL (MFS Active International Value ETF) and EFAV (iShares MSCI EAFE Min Vol Factor ETF) are both Foreign Large Cap Equities funds. MIVL is actively managed, while EFAV is passively managed. A 0.61 correlation means they provide meaningful diversification when combined. MIVL charges 0.57%/yr vs 0.20%/yr for EFAV.
Performance
MIVL vs. EFAV - Performance Comparison
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Returns By Period
MIVL
- 1D
- 0.98%
- 1M
- 1.54%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EFAV
- 1D
- 0.16%
- 1M
- 2.16%
- 6M
- 4.84%
- YTD
- 6.52%
- 1Y
- 13.12%
- 3Y*
- 13.25%
- 5Y*
- 6.52%
- 10Y*
- 6.20%
MIVL vs. EFAV - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
MIVL MFS Active International Value ETF | 2.00% |
EFAV iShares MSCI EAFE Min Vol Factor ETF | 2.59% |
Correlation
The correlation between MIVL and EFAV is 0.61, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jun 4, 2026 | 0.61 |
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Return for Risk
MIVL vs. EFAV — Risk / Return Rank
MIVL
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
EFAV
MIVL vs. EFAV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS Active International Value ETF (MIVL) and iShares MSCI EAFE Min Vol Factor ETF (EFAV). 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.
| MIVL | EFAV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.23 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.98 | — |
| Martin ratioReturn relative to average drawdown | — | 4.62 | — |
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Drawdowns
MIVL vs. EFAV - Drawdown Comparison
The maximum MIVL drawdown since its inception was -2.49%, smaller than the maximum EFAV drawdown of -27.56%. Use the drawdown chart below to compare losses from any high point for MIVL and EFAV.
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Drawdown Indicators
| MIVL | EFAV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -2.49% | -27.56% | +25.07% |
Max Drawdown (1Y)Largest decline over 1 year | — | -6.66% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -8.75% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -27.46% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -27.56% | — |
Current DrawdownCurrent decline from peak | 0.00% | -3.16% | +3.16% |
Average DrawdownAverage peak-to-trough decline | -1.09% | -4.77% | +3.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.85% | — |
Volatility
MIVL vs. EFAV - Volatility Comparison
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Volatility by Period
| MIVL | EFAV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 3.03% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 8.78% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 14.09% | 10.69% | +3.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.09% | 11.84% | +2.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.09% | 13.02% | +1.07% |
MIVL vs. EFAV - Expense Ratio Comparison
MIVL has a 0.57% expense ratio, which is higher than EFAV's 0.20% expense ratio.
Dividends
MIVL vs. EFAV - Dividend Comparison
MIVL has not paid dividends to shareholders, while EFAV's dividend yield for the trailing twelve months is around 3.17%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EFAV iShares MSCI EAFE Min Vol Factor ETF | 3.17% | 3.20% | 3.24% | 3.08% | 2.53% | 2.47% | 1.33% | 4.19% | 3.34% | 2.45% | 3.94% | 2.49% |
MIVL MFS Active International Value 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% |
Frequently Asked Questions
MIVL and EFAV have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EFAV is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EFAV is cheaper with a 0.20% expense ratio, compared with 0.57% for MIVL.
EFAV has the higher dividend yield at 3.17%, compared with 0.00% for MIVL.
They also come from different issuers: MFS and iShares. Their fees differ too: 0.57% for MIVL and 0.20% for EFAV.
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