RWIN vs. IDEV
RWIN (Rayliant NxtGen Multifactor International Equity ETF) and IDEV (iShares Core MSCI International Developed Markets ETF) are both Foreign Large Cap Equities funds. RWIN is actively managed, while IDEV is passively managed. With a 0.95 correlation, they move nearly in lockstep. RWIN charges 0.42%/yr vs 0.05%/yr for IDEV.
Performance
RWIN vs. IDEV - Performance Comparison
Loading charts...
Returns By Period
RWIN
- 1D
- 0.47%
- 1M
- 1.08%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IDEV
- 1D
- 0.59%
- 1M
- 0.45%
- 6M
- 7.14%
- YTD
- 10.75%
- 1Y
- 23.96%
- 3Y*
- 16.65%
- 5Y*
- 9.51%
- 10Y*
- —
RWIN vs. IDEV - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
RWIN Rayliant NxtGen Multifactor International Equity ETF | 3.27% |
IDEV iShares Core MSCI International Developed Markets ETF | 7.76% |
Correlation
The correlation between RWIN and IDEV is 0.95 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Apr 8, 2026 | 0.95 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
RWIN vs. IDEV — Risk / Return Rank
RWIN
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
IDEV
RWIN vs. IDEV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Rayliant NxtGen Multifactor International Equity ETF (RWIN) and iShares Core MSCI International Developed Markets ETF (IDEV). 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.
| RWIN | IDEV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.29 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.15 | — |
| Martin ratioReturn relative to average drawdown | — | 8.36 | — |
Loading charts...
Drawdowns
RWIN vs. IDEV - Drawdown Comparison
The maximum RWIN drawdown since its inception was -4.09%, smaller than the maximum IDEV drawdown of -34.77%. Use the drawdown chart below to compare losses from any high point for RWIN and IDEV.
Loading charts...
Drawdown Indicators
| RWIN | IDEV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -4.09% | -34.77% | +30.68% |
Max Drawdown (1Y)Largest decline over 1 year | — | -11.20% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -13.41% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -29.15% | — |
Current DrawdownCurrent decline from peak | 0.00% | -0.52% | +0.52% |
Average DrawdownAverage peak-to-trough decline | -1.34% | -6.50% | +5.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.87% | — |
Volatility
RWIN vs. IDEV - Volatility Comparison
Loading charts...
Volatility by Period
| RWIN | IDEV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 3.64% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 12.97% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 14.96% | 15.11% | -0.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.96% | 16.34% | -1.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.96% | 17.25% | -2.29% |
RWIN vs. IDEV - Expense Ratio Comparison
RWIN has a 0.42% expense ratio, which is higher than IDEV's 0.05% expense ratio.
Dividends
RWIN vs. IDEV - Dividend Comparison
RWIN's dividend yield for the trailing twelve months is around 1.01%, less than IDEV's 3.19% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
IDEV iShares Core MSCI International Developed Markets ETF | 3.19% | 3.40% | 3.30% | 3.07% | 2.69% | 3.05% | 2.00% | 3.18% | 3.16% | 1.54% |
RWIN Rayliant NxtGen Multifactor International Equity ETF | 1.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.95, RWIN and IDEV move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, IDEV is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IDEV is cheaper with a 0.05% expense ratio, compared with 0.42% for RWIN.
IDEV has the higher dividend yield at 3.19%, compared with 1.01% for RWIN.
They also come from different issuers: Rayliant and iShares. Their fees differ too: 0.42% for RWIN and 0.05% for IDEV.
Find the right allocation for RWIN and IDEV
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