PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
MVED.L vs. DJSC.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

MVED.L vs. DJSC.L

Last updated Jun 5, 2026

MVED.L (iShares Edge MSCI Europe Minimum Volatility UCITS ETF EUR (Dist)) and DJSC.L (iShares EURO STOXX Small UCITS) are both Europe Equities funds - MVED.L tracks the MSCI Europe NR EUR while DJSC.L tracks the MSCI EMU SMID NR EUR. Both are passively managed. Over the past 5 years, MVED.L returned 6.05%/yr vs 5.64%/yr for DJSC.L. A 0.71 correlation means they provide meaningful diversification when combined. MVED.L charges 0.25%/yr vs 0.40%/yr for DJSC.L.

Performance

MVED.L vs. DJSC.L - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares Edge MSCI Europe Minimum Volatility UCITS ETF EUR (Dist) (MVED.L) and iShares EURO STOXX Small UCITS (DJSC.L). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Different Trading Currencies

MVED.L is traded in EUR, while DJSC.L is traded in GBp. To make them comparable, the DJSC.L values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, MVED.L achieves a 4.65% return, which is significantly lower than DJSC.L's 9.31% return.

MVED.L

1D
0.33%
1M
0.58%
YTD
4.65%
6M
5.79%
1Y
2.49%
3Y*
8.12%
5Y*
6.05%
10Y*
—

DJSC.L

1D
-0.13%
1M
3.29%
YTD
9.31%
6M
12.13%
1Y
18.79%
3Y*
11.29%
5Y*
5.64%
10Y*
9.10%
*Multi-year figures are annualized to reflect compound growth (CAGR)

MVED.L vs. DJSC.L - Yearly Performance Comparison

2026 (YTD)20252024202320222021202020192018
MVED.L
iShares Edge MSCI Europe Minimum Volatility UCITS ETF EUR (Dist)		4.65%8.77%8.89%10.72%-12.60%21.51%-3.86%22.67%-1.16%
DJSC.L
iShares EURO STOXX Small UCITS		9.31%21.84%-2.85%13.64%-13.99%21.10%8.55%27.53%-13.14%

Correlation

The correlation between MVED.L and DJSC.L is 0.54, 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

0.54

Correlation (3Y)
Calculated over the trailing 3-year period

0.61

Correlation (5Y)
Calculated over the trailing 5-year period

0.69

Correlation (All Time)
Calculated using the full available price history since Mar 1, 2018

0.71

The correlation between MVED.L and DJSC.L shifts across timeframes, from 0.54 (1 year) to 0.71 (all time), reflecting how their relationship changes across market environments.

MVED.L vs. DJSC.L - Sectors Allocation Comparison

Sectors
MVED.L
DJSC.L

Financial Services

17.8%
16.9%

Industrials

15.7%
29.1%

Consumer Defensive

13.2%
4.3%

Healthcare

13.1%
2.1%

Utilities

10.1%
4.6%

Communication Services

9.5%
3.0%

Energy

6.9%
4.7%

Basic Materials

5.7%
10.7%

Consumer Cyclical

3.7%
11.3%

Technology

2.8%
8.0%

Real Estate

1.6%
5.2%

Financial Services

MVED.L
17.8%
DJSC.L
16.9%

Industrials

MVED.L
15.7%
DJSC.L
29.1%

Consumer Defensive

MVED.L
13.2%
DJSC.L
4.3%

Healthcare

MVED.L
13.1%
DJSC.L
2.1%

Utilities

MVED.L
10.1%
DJSC.L
4.6%

Communication Services

MVED.L
9.5%
DJSC.L
3.0%

Energy

MVED.L
6.9%
DJSC.L
4.7%

Basic Materials

MVED.L
5.7%
DJSC.L
10.7%

Consumer Cyclical

MVED.L
3.7%
DJSC.L
11.3%

Technology

MVED.L
2.8%
DJSC.L
8.0%

Real Estate

MVED.L
1.6%
DJSC.L
5.2%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares Edge MSCI Europe Minimum Volatility UCITS ETF EUR (Dist)

iShares EURO STOXX Small UCITS

Often compared with MVED.L:
MVED.L vs. MIVO.LMVED.L vs. CSPX.LMVED.L vs. PRUK.LMVED.L vs. WDEP.LMVED.L vs. OPEN.LMVED.L vs. EDIV.LMVED.L vs. FKU.L
Often compared with DJSC.L:
DJSC.L vs. CES1.LDJSC.L vs. SCHGDJSC.L vs. VWRL.LDJSC.L vs. IMV.LDJSC.L vs. CS1.LDJSC.L vs. PRUK.LDJSC.L vs. CEUR.L

Return for Risk

MVED.L vs. DJSC.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
MVED.L
MVED.L Risk / Return Rank: 1313
Overall Rank
MVED.L Sharpe Ratio Rank: 1313
Sharpe Ratio Rank
MVED.L Sortino Ratio Rank: 1212
Sortino Ratio Rank
MVED.L Omega Ratio Rank: 1313
Omega Ratio Rank
MVED.L Calmar Ratio Rank: 1313
Calmar Ratio Rank
MVED.L Martin Ratio Rank: 1313
Martin Ratio Rank
DJSC.L
DJSC.L Risk / Return Rank: 4444
Overall Rank
DJSC.L Sharpe Ratio Rank: 4848
Sharpe Ratio Rank
DJSC.L Sortino Ratio Rank: 4545
Sortino Ratio Rank
DJSC.L Omega Ratio Rank: 4848
Omega Ratio Rank
DJSC.L Calmar Ratio Rank: 3838
Calmar Ratio Rank
DJSC.L Martin Ratio Rank: 4343
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MVED.L vs. DJSC.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI Europe Minimum Volatility UCITS ETF EUR (Dist) (MVED.L) and iShares EURO STOXX Small UCITS (DJSC.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.

MVED.LDJSC.LDifference
Sharpe ratioReturn per unit of total volatility
0.28
1.39

-1.11

Sortino ratioReturn per unit of downside risk
0.44
2.01

-1.57

Omega ratioGain probability vs. loss probability

1.06

1.26

-0.20

Calmar ratioReturn relative to maximum drawdown

0.35

1.66

-1.30

Martin ratioReturn relative to average drawdown

0.78

6.27

-5.48

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MVED.L vs. DJSC.L - Sharpe Ratio Comparison

The current MVED.L Sharpe Ratio is 0.28, which is lower than the DJSC.L Sharpe Ratio of 1.39. The chart below compares the historical Sharpe Ratios of MVED.L and DJSC.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Sharpe Ratios by Period

MVED.LDJSC.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.28

1.39

-1.11

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.55

0.35

+0.20

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.56

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.52

0.31

+0.22

Drawdowns

MVED.L vs. DJSC.L - Drawdown Comparison

The maximum MVED.L drawdown since its inception was -30.56%, smaller than the maximum DJSC.L drawdown of -59.76%. Use the drawdown chart below to compare losses from any high point for MVED.L and DJSC.L.

Loading charts...

Drawdown Indicators

MVED.LDJSC.LDifference

Max Drawdown

Largest peak-to-trough decline

-30.56%

-59.76%

+29.20%

Max Drawdown (1Y)

Largest decline over 1 year

-7.00%

-11.37%

+4.37%

Max Drawdown (3Y)

Largest decline over 3 years

-10.51%

-16.20%

+5.69%

Max Drawdown (5Y)

Largest decline over 5 years

-19.54%

-27.82%

+8.28%

Max Drawdown (10Y)

Largest decline over 10 years

—

-36.19%

—

Current Drawdown

Current decline from peak

-4.11%

-1.34%

-2.77%

Average Drawdown

Average peak-to-trough decline

-5.19%

-12.03%

+6.84%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.18%

3.01%

+0.17%

Volatility

MVED.L vs. DJSC.L - Volatility Comparison

The current volatility for iShares Edge MSCI Europe Minimum Volatility UCITS ETF EUR (Dist) (MVED.L) is 2.93%, while iShares EURO STOXX Small UCITS (DJSC.L) has a volatility of 4.02%. This indicates that MVED.L experiences smaller price fluctuations and is considered to be less risky than DJSC.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

MVED.LDJSC.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.93%

4.02%

-1.09%

Volatility (6M)

Calculated over the trailing 6-month period

7.14%

11.28%

-4.14%

Volatility (1Y)

Calculated over the trailing 1-year period

8.78%

13.59%

-4.81%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

10.99%

16.31%

-5.32%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

12.63%

16.53%

-3.90%

MVED.L vs. DJSC.L - Expense Ratio Comparison

MVED.L has a 0.25% expense ratio, which is lower than DJSC.L's 0.40% expense ratio.

Dividends

MVED.L vs. DJSC.L - Dividend Comparison

MVED.L has not paid dividends to shareholders, while DJSC.L's dividend yield for the trailing twelve months is around 2.78%.

PositionTTM20252024202320222021202020192018201720162015
DJSC.L
iShares EURO STOXX Small UCITS		2.78%3.43%3.20%2.56%2.52%1.76%1.33%2.36%2.77%2.04%2.44%2.89%
MVED.L
iShares Edge MSCI Europe Minimum Volatility UCITS ETF EUR (Dist)		0.00%0.00%0.00%2.67%2.95%2.16%2.54%2.81%2.50%0.00%0.00%0.00%

Frequently Asked Questions

MVED.L and DJSC.L have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, MVED.L is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

MVED.L is cheaper with a 0.25% expense ratio, compared with 0.40% for DJSC.L.

MVED.L tracks MSCI Europe NR EUR, while DJSC.L tracks MSCI EMU SMID NR EUR. They also come from different issuers: BlackRock and iShares. Their fees differ too: 0.25% for MVED.L and 0.40% for DJSC.L.

Portfolio Optimizer

Find the right allocation for MVED.L and DJSC.L

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer