USFE vs. ILCV
USFE (First Eagle US Equity ETF) and ILCV (iShares Morningstar Value ETF) are both Large Cap Value Equities funds. USFE is actively managed, while ILCV is passively managed. Their 0.77 correlation means they have sometimes moved together and sometimes differently. USFE charges 0.45%/yr vs 0.04%/yr for ILCV.
Performance
USFE vs. ILCV - Performance Comparison
Loading charts...
Returns By Period
USFE
- 1D
- 0.75%
- 1M
- 2.24%
- 6M
- 1.75%
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
ILCV
- 1D
- 0.30%
- 1M
- 2.03%
- 6M
- 10.11%
- YTD
- 12.42%
- 1Y
- 29.26%
- 3Y*
- 17.48%
- 5Y*
- 12.42%
- 10Y*
- 11.90%
- ALL TIME*
- 8.73%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.89M | $2.26M | $2.59M | |
| $20.50K | $27.24K | $14.41K |
USFE vs. ILCV - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
USFE First Eagle US Equity ETF | 1.63% |
ILCV iShares Morningstar Value ETF | 10.08% |
Correlation
The correlation between USFE and ILCV is 0.77, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jan 27, 2026 | 0.77 |
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
USFE vs. ILCV — Risk / Return Rank
USFE
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
ILCV
USFE vs. ILCV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Eagle US Equity ETF (USFE) and iShares Morningstar Value ETF (ILCV). 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.
| USFE | ILCV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.50 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 4.22 | — |
| Martin ratioReturn relative to average drawdown | — | 17.65 | — |
Loading charts...
Drawdowns
USFE vs. ILCV - Drawdown Comparison
The maximum USFE drawdown since its inception was -9.37%, smaller than the maximum ILCV drawdown of -58.63%. Use the drawdown chart below to compare losses from any high point for USFE and ILCV.
Loading charts...
Drawdown Indicators
| USFE | ILCV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.37% | -58.63% | +49.26% |
Max Drawdown (1Y)Largest decline over 1 year | — | -6.55% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -14.95% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -18.58% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -35.53% | — |
Current DrawdownCurrent decline from peak | -1.48% | 0.00% | -1.48% |
Average DrawdownAverage peak-to-trough decline | -3.83% | -9.26% | +5.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.56% | — |
Volatility
USFE vs. ILCV - Volatility Comparison
Loading charts...
Volatility by Period
| USFE | ILCV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 2.91% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 7.33% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 12.29% | 10.09% | +2.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.29% | 14.16% | -1.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.29% | 16.63% | -4.34% |
USFE vs. ILCV - Expense Ratio Comparison
USFE has a 0.45% expense ratio, which is higher than ILCV's 0.04% expense ratio.
Dividends
USFE vs. ILCV - Dividend Comparison
USFE has not paid dividends to shareholders, while ILCV's dividend yield for the trailing twelve months is around 1.55%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ILCV iShares Morningstar Value ETF | 1.55% | 1.77% | 1.99% | 2.27% | 2.32% | 2.01% | 2.96% | 2.70% | 2.93% | 2.32% | 2.76% | 3.01% |
USFE First Eagle US Equity 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% |
Frequently Asked Questions
USFE and ILCV have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ILCV is cheaper at 0.04% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ILCV is cheaper with a 0.04% expense ratio, compared with 0.45% for USFE.
ILCV has the higher dividend yield at 1.55%, compared with 0.00% for USFE.
They also come from different issuers: First Eagle and iShares. Their fees differ too: 0.45% for USFE and 0.04% for ILCV.
Find the right allocation for USFE and ILCV
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