MIVL vs. IDEV
MIVL (MFS Active International Value ETF) and IDEV (iShares Core MSCI International Developed Markets ETF) are both Foreign Large Cap Equities funds. MIVL is actively managed, while IDEV is passively managed. Their correlation of 0.88 means they have usually moved in the same direction. MIVL charges 0.57%/yr vs 0.05%/yr for IDEV.
Performance
MIVL vs. IDEV - Performance Comparison
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Returns By Period
MIVL
- 1D
- 0.32%
- 1M
- 4.70%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
IDEV
- 1D
- 1.18%
- 1M
- 2.75%
- 6M
- 7.33%
- YTD
- 13.25%
- 1Y
- 25.67%
- 3Y*
- 18.37%
- 5Y*
- 9.34%
- 10Y*
- —
- ALL TIME*
- 9.70%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $151.01M | $129.69M | $127.92M | |
| $47.48K | $126.30K | $523.93K |
MIVL vs. IDEV - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
MIVL MFS Active International Value ETF | 5.22% |
IDEV iShares Core MSCI International Developed Markets ETF | 3.97% |
Correlation
The correlation between MIVL and IDEV is 0.88, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jun 4, 2026 | 0.88 |
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Return for Risk
MIVL vs. IDEV — Risk / Return Rank
MIVL
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
IDEV
MIVL vs. IDEV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS Active International Value ETF (MIVL) 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.
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 | IDEV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.30 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.30 | — |
| Martin ratioReturn relative to average drawdown | — | 9.08 | — |
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Drawdowns
MIVL vs. IDEV - Drawdown Comparison
The maximum MIVL drawdown since its inception was -2.49%, smaller than the maximum IDEV drawdown of -34.77%. Use the drawdown chart below to compare losses from any high point for MIVL and IDEV.
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Drawdown Indicators
| MIVL | IDEV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -2.49% | -34.77% | +32.28% |
Max Drawdown (1Y)Largest decline over 1 year | — | -11.20% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -13.41% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -29.15% | — |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -0.84% | -6.47% | +5.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.83% | — |
Volatility
MIVL vs. IDEV - Volatility Comparison
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Volatility by Period
| MIVL | IDEV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 4.39% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 13.14% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 13.51% | 15.21% | -1.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.51% | 16.37% | -2.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.51% | 17.25% | -3.74% |
MIVL vs. IDEV - Expense Ratio Comparison
MIVL has a 0.57% expense ratio, which is higher than IDEV's 0.05% expense ratio.
Dividends
MIVL vs. IDEV - Dividend Comparison
MIVL has not paid dividends to shareholders, while IDEV's dividend yield for the trailing twelve months is around 3.12%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
IDEV iShares Core MSCI International Developed Markets ETF | 3.12% | 3.40% | 3.30% | 3.07% | 2.69% | 3.05% | 2.00% | 3.18% | 3.16% | 1.54% |
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% |
Frequently Asked Questions
MIVL and IDEV have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IDEV is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IDEV is cheaper with a 0.05% expense ratio, compared with 0.57% for MIVL.
IDEV has the higher dividend yield at 3.12%, compared with 0.00% for MIVL.
They also come from different issuers: MFS and iShares. Their fees differ too: 0.57% for MIVL and 0.05% for IDEV.
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