MVEA.DE vs. USMV
MVEA.DE (iShares Edge MSCI USA Minimum Volatility ESG UCITS ETF) and USMV (iShares MSCI USA Min Vol Factor ETF) are both Large Cap Blend Equities funds from iShares - MVEA.DE tracks the Russell 1000 TR USD while USMV tracks the MSCI USA Minimum Volatility Index. Both are passively managed. Over the past 5 years, MVEA.DE returned 6.87%/yr vs 8.54%/yr for USMV. A 0.60 correlation means they provide meaningful diversification when combined. MVEA.DE charges 0.20%/yr vs 0.15%/yr for USMV.
Performance
MVEA.DE vs. USMV - Performance Comparison
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Different Trading Currencies
MVEA.DE is traded in EUR, while USMV is traded in USD. To make them comparable, the USMV values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, MVEA.DE achieves a 2.43% return, which is significantly lower than USMV's 4.25% return.
MVEA.DE
- 1D
- -0.13%
- 1M
- 2.84%
- YTD
- 2.43%
- 6M
- 2.57%
- 1Y
- 0.83%
- 3Y*
- 6.69%
- 5Y*
- 6.87%
- 10Y*
- —
USMV
- 1D
- 0.28%
- 1M
- 3.01%
- YTD
- 4.25%
- 6M
- 3.40%
- 1Y
- 3.49%
- 3Y*
- 9.04%
- 5Y*
- 8.54%
- 10Y*
- 9.74%
MVEA.DE vs. USMV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
MVEA.DE iShares Edge MSCI USA Minimum Volatility ESG UCITS ETF | 2.43% | -7.09% | 19.73% | 8.74% | -6.83% | 34.90% | 5.86% |
USMV iShares MSCI USA Min Vol Factor ETF | 4.25% | -5.13% | 23.38% | 7.02% | -3.82% | 29.89% | 4.86% |
Correlation
The correlation between MVEA.DE and USMV is 0.65, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.65 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.62 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.60 |
Correlation (All Time) Calculated using the full available price history since Apr 24, 2020 | 0.60 |
The correlation between MVEA.DE and USMV has been stable across timeframes, ranging from 0.60 to 0.65 - a consistent structural relationship.
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Return for Risk
MVEA.DE vs. USMV — Risk / Return Rank
MVEA.DE
USMV
MVEA.DE vs. USMV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI USA Minimum Volatility ESG UCITS ETF (MVEA.DE) and iShares MSCI USA Min Vol Factor ETF (USMV). 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.
| MVEA.DE | USMV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.27 | ||
| Sortino ratioReturn per unit of downside risk | -0.37 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 1.07 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 0.17 | 0.68 | -0.51 |
| Martin ratioReturn relative to average drawdown | 0.35 | 1.55 | -1.21 |
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
| MVEA.DE | USMV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.09 | 0.37 | -0.27 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.55 | 0.66 | -0.11 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.63 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.66 | 0.88 | -0.22 |
Drawdowns
MVEA.DE vs. USMV - Drawdown Comparison
The maximum MVEA.DE drawdown since its inception was -17.47%, smaller than the maximum USMV drawdown of -32.65%. Use the drawdown chart below to compare losses from any high point for MVEA.DE and USMV.
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Drawdown Indicators
| MVEA.DE | USMV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.47% | -32.65% | +15.18% |
Max Drawdown (1Y)Largest decline over 1 year | -4.92% | -5.12% | +0.20% |
Max Drawdown (3Y)Largest decline over 3 years | -17.47% | -15.66% | -1.81% |
Max Drawdown (5Y)Largest decline over 5 years | -17.47% | -15.66% | -1.81% |
Max Drawdown (10Y)Largest decline over 10 years | — | -32.65% | — |
Current DrawdownCurrent decline from peak | -10.27% | -6.93% | -3.34% |
Average DrawdownAverage peak-to-trough decline | -5.38% | -4.55% | -0.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.39% | 2.25% | +0.14% |
Volatility
MVEA.DE vs. USMV - Volatility Comparison
iShares Edge MSCI USA Minimum Volatility ESG UCITS ETF (MVEA.DE) and iShares MSCI USA Min Vol Factor ETF (USMV) have volatilities of 2.72% and 2.78%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MVEA.DE | USMV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.72% | 2.78% | -0.06% |
Volatility (6M)Calculated over the trailing 6-month period | 5.90% | 6.80% | -0.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.97% | 9.57% | -0.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.27% | 12.92% | -0.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.79% | 15.38% | -2.59% |
MVEA.DE vs. USMV - Expense Ratio Comparison
MVEA.DE has a 0.20% expense ratio, which is higher than USMV's 0.15% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
MVEA.DE vs. USMV - Dividend Comparison
MVEA.DE has not paid dividends to shareholders, while USMV's dividend yield for the trailing twelve months is around 1.52%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MVEA.DE iShares Edge MSCI USA Minimum Volatility ESG 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% |
USMV iShares MSCI USA Min Vol Factor ETF | 1.52% | 1.49% | 1.67% | 1.82% | 1.62% | 1.26% | 1.81% | 1.88% | 2.12% | 1.77% | 2.22% | 2.02% |
Frequently Asked Questions
MVEA.DE and USMV have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, USMV is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
USMV is cheaper with a 0.15% expense ratio, compared with 0.20% for MVEA.DE.
MVEA.DE tracks Russell 1000 TR USD, while USMV tracks MSCI USA Minimum Volatility Index. Their fees differ too: 0.20% for MVEA.DE and 0.15% for USMV.
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