MTRL.L vs. IEVL.L
Compare and contrast key facts about SPDR® MSCI Europe Materials UCITS ETF (MTRL.L) and iShares Edge MSCI Europe Value Factor UCITS ETF EUR Accumulating (IEVL.L).
MTRL.L and IEVL.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MTRL.L is a passively managed fund by State Street that tracks the performance of the MSCI World/Materials NR USD. It was launched on Dec 5, 2014. IEVL.L is a passively managed fund by iShares that tracks the performance of the MSCI Europe Enhanced Value Index. It was launched on Feb 23, 2018. Both MTRL.L and IEVL.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
MTRL.L vs. IEVL.L - Performance Comparison
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MTRL.L vs. IEVL.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MTRL.L SPDR® MSCI Europe Materials UCITS ETF | 8.31% | 12.76% | -2.85% | 10.37% | -7.69% | 25.61% | 11.68% | 23.61% | -10.78% | 16.85% |
IEVL.L iShares Edge MSCI Europe Value Factor UCITS ETF EUR Accumulating | 4.65% | 35.00% | 10.59% | 13.55% | -3.79% | 26.68% | -8.75% | 21.75% | -13.48% | 10.41% |
Returns By Period
In the year-to-date period, MTRL.L achieves a 8.31% return, which is significantly higher than IEVL.L's 4.65% return.
MTRL.L
- 1D
- 1.89%
- 1M
- -2.19%
- YTD
- 8.31%
- 6M
- 15.38%
- 1Y
- 19.02%
- 3Y*
- 10.02%
- 5Y*
- 6.32%
- 10Y*
- —
IEVL.L
- 1D
- 2.41%
- 1M
- -3.03%
- YTD
- 4.65%
- 6M
- 14.91%
- 1Y
- 27.66%
- 3Y*
- 18.41%
- 5Y*
- 13.70%
- 10Y*
- 10.31%
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MTRL.L vs. IEVL.L - Expense Ratio Comparison
MTRL.L has a 0.18% expense ratio, which is lower than IEVL.L's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Return for Risk
MTRL.L vs. IEVL.L — Risk / Return Rank
MTRL.L
IEVL.L
MTRL.L vs. IEVL.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR® MSCI Europe Materials UCITS ETF (MTRL.L) and iShares Edge MSCI Europe Value Factor UCITS ETF EUR Accumulating (IEVL.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.
| MTRL.L | IEVL.L | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.05 | 1.69 | -0.64 |
Sortino ratioReturn per unit of downside risk | 1.47 | 2.14 | -0.66 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.33 | -0.14 |
Calmar ratioReturn relative to maximum drawdown | 1.55 | 2.58 | -1.03 |
Martin ratioReturn relative to average drawdown | 5.51 | 9.91 | -4.40 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| MTRL.L | IEVL.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.05 | 1.69 | -0.64 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.42 | 0.90 | -0.48 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.58 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.77 | 0.45 | +0.33 |
Correlation
The correlation between MTRL.L and IEVL.L is 0.42, 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.
Dividends
MTRL.L vs. IEVL.L - Dividend Comparison
Neither MTRL.L nor IEVL.L has paid dividends to shareholders.
Drawdowns
MTRL.L vs. IEVL.L - Drawdown Comparison
The maximum MTRL.L drawdown since its inception was -32.80%, smaller than the maximum IEVL.L drawdown of -40.09%. Use the drawdown chart below to compare losses from any high point for MTRL.L and IEVL.L.
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Drawdown Indicators
| MTRL.L | IEVL.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.80% | -40.09% | +7.29% |
Max Drawdown (1Y)Largest decline over 1 year | -13.06% | -13.73% | +0.67% |
Max Drawdown (5Y)Largest decline over 5 years | -22.75% | -19.55% | -3.20% |
Max Drawdown (10Y)Largest decline over 10 years | — | -40.09% | — |
Current DrawdownCurrent decline from peak | -5.18% | -4.94% | -0.24% |
Average DrawdownAverage peak-to-trough decline | -6.47% | -7.60% | +1.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.67% | 2.88% | +0.79% |
Volatility
MTRL.L vs. IEVL.L - Volatility Comparison
SPDR® MSCI Europe Materials UCITS ETF (MTRL.L) has a higher volatility of 7.57% compared to iShares Edge MSCI Europe Value Factor UCITS ETF EUR Accumulating (IEVL.L) at 6.15%. This indicates that MTRL.L's price experiences larger fluctuations and is considered to be riskier than IEVL.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MTRL.L | IEVL.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.57% | 6.15% | +1.42% |
Volatility (6M)Calculated over the trailing 6-month period | 12.94% | 9.81% | +3.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.17% | 16.27% | +1.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.69% | 15.25% | +6.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.56% | 17.68% | +11.88% |