MIVU.DE vs. IGM
MIVU.DE (Amundi MSCI USA Minimum Volatility Factor UCITS ETF) and IGM (iShares Expanded Tech Sector ETF) are both exchange-traded funds - MIVU.DE is a Large Cap Blend Equities fund tracking the MSCI USA Minimum Volatility, while IGM is a Technology Equities fund tracking the S&P North American Expanded Technology Sector Index. Both are passively managed. Over the past 5 years, MIVU.DE returned 8.00%/yr vs 21.78%/yr for IGM. At a 0.30 correlation, their price movements are largely independent. MIVU.DE charges 0.18%/yr vs 0.39%/yr for IGM.
Performance
MIVU.DE vs. IGM - Performance Comparison
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Different Trading Currencies
MIVU.DE is traded in EUR, while IGM is traded in USD. To make them comparable, the IGM values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, MIVU.DE achieves a 3.30% return, which is significantly lower than IGM's 29.60% return.
MIVU.DE
- 1D
- 0.49%
- 1M
- 1.92%
- YTD
- 3.30%
- 6M
- 4.32%
- 1Y
- 4.43%
- 3Y*
- 8.39%
- 5Y*
- 8.00%
- 10Y*
- —
IGM
- 1D
- 3.41%
- 1M
- 7.41%
- YTD
- 29.60%
- 6M
- 31.07%
- 1Y
- 55.58%
- 3Y*
- 33.85%
- 5Y*
- 21.78%
- 10Y*
- 24.77%
MIVU.DE vs. IGM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
MIVU.DE Amundi MSCI USA Minimum Volatility Factor UCITS ETF | 3.30% | -3.87% | 22.89% | 5.36% | -4.28% | 31.88% | -5.36% | 30.00% | -5.89% |
IGM iShares Expanded Tech Sector ETF | 29.60% | 11.72% | 46.04% | 55.86% | -31.86% | 35.13% | 33.15% | 45.01% | -14.33% |
Correlation
The correlation between MIVU.DE and IGM is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since Aug 21, 2018 | 0.30 |
Over the past year, the correlation between MIVU.DE and IGM has dropped to 0.04 - well below their long-term average of 0.30, suggesting their price drivers have been diverging.
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Return for Risk
MIVU.DE vs. IGM — Risk / Return Rank
MIVU.DE
IGM
MIVU.DE vs. IGM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi MSCI USA Minimum Volatility Factor UCITS ETF (MIVU.DE) and iShares Expanded Tech Sector ETF (IGM). 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.
| MIVU.DE | IGM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.07 | ||
| Sortino ratioReturn per unit of downside risk | -2.35 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.43 | -0.34 |
| Calmar ratioReturn relative to maximum drawdown | 0.91 | 3.62 | -2.71 |
| Martin ratioReturn relative to average drawdown | 2.24 | 10.86 | -8.62 |
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Drawdowns
MIVU.DE vs. IGM - Drawdown Comparison
The maximum MIVU.DE drawdown since its inception was -32.68%, smaller than the maximum IGM drawdown of -47.57%. Use the drawdown chart below to compare losses from any high point for MIVU.DE and IGM.
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Drawdown Indicators
| MIVU.DE | IGM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.68% | -47.57% | +14.89% |
Max Drawdown (1Y)Largest decline over 1 year | -4.83% | -15.41% | +10.58% |
Max Drawdown (3Y)Largest decline over 3 years | -14.89% | -30.63% | +15.74% |
Max Drawdown (5Y)Largest decline over 5 years | -14.89% | -35.24% | +20.35% |
Max Drawdown (10Y)Largest decline over 10 years | — | -35.24% | — |
Current DrawdownCurrent decline from peak | -6.30% | -3.11% | -3.19% |
Average DrawdownAverage peak-to-trough decline | -6.16% | -8.50% | +2.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.97% | 5.13% | -3.16% |
Volatility
MIVU.DE vs. IGM - Volatility Comparison
The current volatility for Amundi MSCI USA Minimum Volatility Factor UCITS ETF (MIVU.DE) is 2.63%, while iShares Expanded Tech Sector ETF (IGM) has a volatility of 9.68%. This indicates that MIVU.DE experiences smaller price fluctuations and is considered to be less risky than IGM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MIVU.DE | IGM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.63% | 9.68% | -7.05% |
Volatility (6M)Calculated over the trailing 6-month period | 6.10% | 17.34% | -11.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.98% | 21.85% | -12.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.90% | 25.49% | -13.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.95% | 24.89% | -10.94% |
MIVU.DE vs. IGM - Expense Ratio Comparison
MIVU.DE has a 0.18% expense ratio, which is lower than IGM's 0.39% expense ratio.
Dividends
MIVU.DE vs. IGM - Dividend Comparison
MIVU.DE has not paid dividends to shareholders, while IGM's dividend yield for the trailing twelve months is around 0.17%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IGM iShares Expanded Tech Sector ETF | 0.17% | 0.17% | 0.22% | 0.33% | 0.66% | 0.16% | 0.32% | 0.50% | 0.57% | 0.57% | 0.90% | 0.79% |
MIVU.DE Amundi MSCI USA Minimum Volatility Factor 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% |
Frequently Asked Questions
MIVU.DE and IGM have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, MIVU.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
MIVU.DE is cheaper with a 0.18% expense ratio, compared with 0.39% for IGM.
MIVU.DE is categorized as Large Cap Blend Equities, while IGM is Technology Equities. MIVU.DE tracks MSCI USA Minimum Volatility, while IGM tracks S&P North American Expanded Technology Sector Index. They also come from different issuers: Amundi and iShares. Their fees differ too: 0.18% for MIVU.DE and 0.39% for IGM.
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