MVOL.L vs. EUHD.L

Last updated Jun 5, 2026

MVOL.L (iShares Edge MSCI World Minimum Volatility UCITS) and EUHD.L (PowerShares EURO STOXX High Dividend Low Volatility UCITS) are both exchange-traded funds - MVOL.L is a Global Equities fund tracking the MSCI ACWI NR USD, while EUHD.L is a Europe Equities fund tracking the MSCI EMU NR EUR. Both are passively managed. Over the past 10 years, MVOL.L returned 7.05%/yr vs 8.57%/yr for EUHD.L. A 0.59 correlation means they provide meaningful diversification when combined. MVOL.L charges 0.35%/yr vs 0.30%/yr for EUHD.L.

Performance

MVOL.L vs. EUHD.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Edge MSCI World Minimum Volatility UCITS (MVOL.L) and PowerShares EURO STOXX High Dividend Low Volatility UCITS (EUHD.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

MVOL.L is traded in USD, while EUHD.L is traded in GBp. To make them comparable, the EUHD.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, MVOL.L achieves a 0.67% return, which is significantly lower than EUHD.L's 9.02% return. Over the past 10 years, MVOL.L has underperformed EUHD.L with an annualized return of 7.05%, while EUHD.L has yielded a comparatively higher 8.57% annualized return.

MVOL.L

• 1D: 0.04%
• 1M: 0.76%
• YTD: 0.67%
• 6M: 1.44%
• 1Y: 1.44%
• 3Y*: 9.30%
• 5Y*: 5.18%
• 10Y*: 7.05%

EUHD.L

• 1D: 0.29%
• 1M: 0.38%
• YTD: 9.02%
• 6M: 11.91%
• 1Y: 23.27%
• 3Y*: 23.32%
• 5Y*: 11.70%
• 10Y*: 8.57%

*Multi-year figures are annualized to reflect compound growth (CAGR)

MVOL.L vs. EUHD.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MVOL.L iShares Edge MSCI World Minimum Volatility UCITS	0.67%	11.02%	11.08%	7.28%	-9.62%	14.65%	2.56%	22.56%	-2.40%	17.41%
EUHD.L PowerShares EURO STOXX High Dividend Low Volatility UCITS	9.02%	53.66%	3.48%	17.25%	-13.60%	12.27%	-10.74%	16.00%	-12.52%	24.58%

Correlation

The correlation between MVOL.L and EUHD.L is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.46
Correlation (3Y) Calculated over the trailing 3-year period	0.53
Correlation (5Y) Calculated over the trailing 5-year period	0.58
Correlation (10Y) Calculated over the trailing 10-year period	0.59
Correlation (All Time) Calculated using the full available price history since Jan 11, 2016	0.59

The correlation between MVOL.L and EUHD.L shifts across timeframes, from 0.46 (1 year) to 0.59 (10 years), reflecting how their relationship changes across market environments.

MVOL.L vs. EUHD.L - Sectors Allocation Comparison

Sectors	MVOL.L	EUHD.L
Technology	20.1%	-
Financial Services	14.0%	35.2%
Healthcare	13.8%	0.0%
Communication Services	12.1%	6.3%
Consumer Defensive	10.9%	3.7%
Industrials	9.2%	3.8%
Utilities	8.0%	12.1%
Consumer Cyclical	5.6%	10.4%
Energy	4.5%	6.8%
Basic Materials	1.1%	10.0%
Real Estate	0.7%	11.6%

Return for Risk

MVOL.L vs. EUHD.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MVOL.L

MVOL.L Risk / Return Rank: 12
MVOL.L Sharpe Ratio Rank: 12
MVOL.L Sortino Ratio Rank: 11
MVOL.L Omega Ratio Rank: 11
MVOL.L Calmar Ratio Rank: 12
MVOL.L Martin Ratio Rank: 12

EUHD.L

EUHD.L Risk / Return Rank: 66
EUHD.L Sharpe Ratio Rank: 67
EUHD.L Sortino Ratio Rank: 63
EUHD.L Omega Ratio Rank: 66
EUHD.L Calmar Ratio Rank: 69
EUHD.L Martin Ratio Rank: 66

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.

MVOL.L vs. EUHD.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI World Minimum Volatility UCITS (MVOL.L) and PowerShares EURO STOXX High Dividend Low Volatility UCITS (EUHD.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.

	MVOL.L	EUHD.L	Difference
Sharpe ratio: Return per unit of total volatility	0.19	1.78	-1.59
Sortino ratio: Return per unit of downside risk	0.31	2.38	-2.07
Omega ratio: Gain probability vs. loss probability	1.04	1.31	-0.27
Calmar ratio: Return relative to maximum drawdown	0.25	2.99	-2.74
Martin ratio: Return relative to average drawdown	0.61	9.42	-8.81
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MVOL.L vs. EUHD.L - Sharpe Ratio Comparison

The current MVOL.L Sharpe Ratio is 0.19, which is lower than the EUHD.L Sharpe Ratio of 1.78. The chart below compares the historical Sharpe Ratios of MVOL.L and EUHD.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.

Sharpe Ratios by Period

	MVOL.L	EUHD.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.19	1.78	-1.59
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.49	0.69	-0.20
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.60	0.48	+0.13
Sharpe Ratio (All Time) Calculated using the full available price history	0.73	0.49	+0.24

Drawdowns

MVOL.L vs. EUHD.L - Drawdown Comparison

The maximum MVOL.L drawdown since its inception was -28.82%, smaller than the maximum EUHD.L drawdown of -43.68%. Use the drawdown chart below to compare losses from any high point for MVOL.L and EUHD.L.

Drawdown Indicators

	MVOL.L	EUHD.L	Difference
Max Drawdown Largest peak-to-trough decline	-28.82%	-43.68%	+14.86%
Max Drawdown (1Y) Largest decline over 1 year	-5.78%	-7.74%	+1.96%
Max Drawdown (3Y) Largest decline over 3 years	-8.14%	-13.02%	+4.88%
Max Drawdown (5Y) Largest decline over 5 years	-18.52%	-34.25%	+15.73%
Max Drawdown (10Y) Largest decline over 10 years	-28.82%	-43.68%	+14.86%
Current Drawdown Current decline from peak	-3.86%	-2.26%	-1.60%
Average Drawdown Average peak-to-trough decline	-3.34%	-8.76%	+5.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.36%	2.46%	-0.10%

Volatility

MVOL.L vs. EUHD.L - Volatility Comparison

The current volatility for iShares Edge MSCI World Minimum Volatility UCITS (MVOL.L) is 2.01%, while PowerShares EURO STOXX High Dividend Low Volatility UCITS (EUHD.L) has a volatility of 4.44%. This indicates that MVOL.L experiences smaller price fluctuations and is considered to be less risky than EUHD.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MVOL.L	EUHD.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.01%	4.44%	-2.43%
Volatility (6M) Calculated over the trailing 6-month period	5.58%	9.84%	-4.26%
Volatility (1Y) Calculated over the trailing 1-year period	7.74%	13.03%	-5.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.64%	17.07%	-6.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.65%	18.04%	-6.39%

MVOL.L vs. EUHD.L - Expense Ratio Comparison

MVOL.L has a 0.35% expense ratio, which is higher than EUHD.L's 0.30% expense ratio.

Dividends

MVOL.L vs. EUHD.L - Dividend Comparison

MVOL.L has not paid dividends to shareholders, while EUHD.L's dividend yield for the trailing twelve months is around 3.95%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
EUHD.L PowerShares EURO STOXX High Dividend Low Volatility UCITS	3.95%	4.61%	5.86%	5.50%	5.44%	4.28%	3.06%	4.66%	4.34%	3.41%	3.51%
MVOL.L iShares Edge MSCI World Minimum Volatility UCITS	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

Can I hold both MVOL.L and EUHD.L in my portfolio?

MVOL.L and EUHD.L have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MVOL.L or EUHD.L?

On fees, EUHD.L is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MVOL.L or EUHD.L?

EUHD.L is cheaper with a 0.30% expense ratio, compared with 0.35% for MVOL.L.

What is the main difference between MVOL.L and EUHD.L?

MVOL.L is categorized as Global Equities, while EUHD.L is Europe Equities. MVOL.L tracks MSCI ACWI NR USD, while EUHD.L tracks MSCI EMU NR EUR. They also come from different issuers: iShares and Invesco. Their fees differ too: 0.35% for MVOL.L and 0.30% for EUHD.L.