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VDU.TO vs. IDEV
Performance
Return for Risk
Drawdowns
Volatility
Dividends

VDU.TO vs. IDEV

Last updated Jun 4, 2026

VDU.TO (Vanguard FTSE Developed All Cap ex U.S. Index ETF) and IDEV (iShares Core MSCI International Developed Markets ETF) are both exchange-traded funds - VDU.TO is a Global Equities fund tracking the FTSE Developed All Cap ex US Index, while IDEV is a Foreign Large Cap Equities fund tracking the MSCI World ex USA Investable Market Index. Both are passively managed. Over the past 5 years, VDU.TO returned 11.99%/yr vs 11.59%/yr for IDEV. Their correlation of 0.92 suggests significant overlap in exposure. VDU.TO charges 0.22%/yr vs 0.05%/yr for IDEV.

Performance

VDU.TO vs. IDEV - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Vanguard FTSE Developed All Cap ex U.S. Index ETF (VDU.TO) and iShares Core MSCI International Developed Markets ETF (IDEV). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

VDU.TO is traded in CAD, while IDEV is traded in USD. To make them comparable, the IDEV values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, VDU.TO achieves a 16.22% return, which is significantly higher than IDEV's 10.31% return.

VDU.TO

1D
-0.45%
1M
7.62%
YTD
16.22%
6M
17.26%
1Y
33.30%
3Y*
20.33%
5Y*
11.99%
10Y*
10.28%

IDEV

1D
-0.50%
1M
5.29%
YTD
10.31%
6M
11.14%
1Y
24.79%
3Y*
18.77%
5Y*
11.59%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

VDU.TO vs. IDEV - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
VDU.TO
Vanguard FTSE Developed All Cap ex U.S. Index ETF		16.22%27.97%11.37%14.56%-9.89%10.23%7.06%15.90%-8.11%10.44%
IDEV
iShares Core MSCI International Developed Markets ETF		10.31%26.48%13.52%14.78%-8.93%11.98%6.49%17.07%-6.81%10.53%

Correlation

The correlation between VDU.TO and IDEV is 0.93, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.93

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

0.94

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

0.94

Correlation (All Time)
Calculated using the full available price history since Mar 24, 2017

0.92

The correlation between VDU.TO and IDEV has been stable across timeframes, ranging from 0.92 to 0.94 - a consistent structural relationship.

VDU.TO vs. IDEV - Sectors Allocation Comparison

Sectors
VDU.TO
IDEV

Financial Services

23.3%
24.2%

Industrials

19.2%
19.1%

Technology

13.8%
9.9%

Healthcare

8.2%
8.6%

Basic Materials

7.5%
8.0%

Consumer Cyclical

7.5%
7.7%

Consumer Defensive

5.6%
6.0%

Energy

5.4%
5.9%

Communication Services

3.4%
4.0%

Utilities

3.3%
3.7%

Real Estate

2.7%
2.9%

Financial Services

VDU.TO
23.3%
IDEV
24.2%

Industrials

VDU.TO
19.2%
IDEV
19.1%

Technology

VDU.TO
13.8%
IDEV
9.9%

Healthcare

VDU.TO
8.2%
IDEV
8.6%

Basic Materials

VDU.TO
7.5%
IDEV
8.0%

Consumer Cyclical

VDU.TO
7.5%
IDEV
7.7%

Consumer Defensive

VDU.TO
5.6%
IDEV
6.0%

Energy

VDU.TO
5.4%
IDEV
5.9%

Communication Services

VDU.TO
3.4%
IDEV
4.0%

Utilities

VDU.TO
3.3%
IDEV
3.7%

Real Estate

VDU.TO
2.7%
IDEV
2.9%

Compare stocks, funds, or ETFs

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

Vanguard FTSE Developed All Cap ex U.S. Index ETF

iShares Core MSCI International Developed Markets ETF

Often compared with VDU.TO:
VDU.TO vs. VIU.TOVDU.TO vs. VEF.TOVDU.TO vs. ZEA.TOVDU.TO vs. XEF.TOVDU.TO vs. VIDY.TOVDU.TO vs. VFV.TOVDU.TO vs. BANK.TO
Often compared with IDEV:
IDEV vs. VYMIIDEV vs. VEAIDEV vs. IEFAIDEV vs. IXUSIDEV vs. SCHFIDEV vs. FDEVIDEV vs. VEU

Return for Risk

VDU.TO vs. IDEV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
VDU.TO
VDU.TO Risk / Return Rank: 6565
Overall Rank
VDU.TO Sharpe Ratio Rank: 6868
Sharpe Ratio Rank
VDU.TO Sortino Ratio Rank: 6767
Sortino Ratio Rank
VDU.TO Omega Ratio Rank: 6868
Omega Ratio Rank
VDU.TO Calmar Ratio Rank: 5858
Calmar Ratio Rank
VDU.TO Martin Ratio Rank: 6565
Martin Ratio Rank
IDEV
IDEV Risk / Return Rank: 4545
Overall Rank
IDEV Sharpe Ratio Rank: 4545
Sharpe Ratio Rank
IDEV Sortino Ratio Rank: 4545
Sortino Ratio Rank
IDEV Omega Ratio Rank: 4444
Omega Ratio Rank
IDEV Calmar Ratio Rank: 4141
Calmar Ratio Rank
IDEV Martin Ratio Rank: 4848
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.

VDU.TO vs. IDEV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard FTSE Developed All Cap ex U.S. Index ETF (VDU.TO) 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.

VDU.TOIDEVDifference
Sharpe ratioReturn per unit of total volatility
2.28
1.85

+0.43

Sortino ratioReturn per unit of downside risk
3.13
2.62

+0.52

Omega ratioGain probability vs. loss probability

1.42

1.34

+0.08

Calmar ratioReturn relative to maximum drawdown

2.92

2.27

+0.64

Martin ratioReturn relative to average drawdown

12.06

9.44

+2.61

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

VDU.TO vs. IDEV - Sharpe Ratio Comparison

The current VDU.TO Sharpe Ratio is 2.28, which is comparable to the IDEV Sharpe Ratio of 1.85. The chart below compares the historical Sharpe Ratios of VDU.TO and IDEV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

VDU.TOIDEVDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.28

1.85

+0.43

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.89

0.88

+0.01

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.70

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.70

0.68

+0.01

Drawdowns

VDU.TO vs. IDEV - Drawdown Comparison

The maximum VDU.TO drawdown since its inception was -29.19%, roughly equal to the maximum IDEV drawdown of -28.54%. Use the drawdown chart below to compare losses from any high point for VDU.TO and IDEV.

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Drawdown Indicators

VDU.TOIDEVDifference

Max Drawdown

Largest peak-to-trough decline

-29.19%

-28.54%

-0.65%

Max Drawdown (1Y)

Largest decline over 1 year

-11.47%

-10.95%

-0.52%

Max Drawdown (3Y)

Largest decline over 3 years

-14.02%

-13.78%

-0.24%

Max Drawdown (5Y)

Largest decline over 5 years

-24.10%

-23.04%

-1.06%

Max Drawdown (10Y)

Largest decline over 10 years

-29.19%

—

—

Current Drawdown

Current decline from peak

-0.45%

-0.50%

+0.05%

Average Drawdown

Average peak-to-trough decline

-4.66%

-4.25%

-0.41%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.77%

2.63%

+0.14%

Volatility

VDU.TO vs. IDEV - Volatility Comparison

Vanguard FTSE Developed All Cap ex U.S. Index ETF (VDU.TO) has a higher volatility of 5.23% compared to iShares Core MSCI International Developed Markets ETF (IDEV) at 4.44%. This indicates that VDU.TO's price experiences larger fluctuations and is considered to be riskier than IDEV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

VDU.TOIDEVDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.23%

4.44%

+0.79%

Volatility (6M)

Calculated over the trailing 6-month period

12.47%

11.36%

+1.11%

Volatility (1Y)

Calculated over the trailing 1-year period

14.68%

13.47%

+1.21%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.50%

13.24%

+0.26%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

14.75%

14.50%

+0.25%

VDU.TO vs. IDEV - Expense Ratio Comparison

VDU.TO has a 0.22% expense ratio, which is higher than IDEV's 0.05% 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

VDU.TO vs. IDEV - Dividend Comparison

VDU.TO's dividend yield for the trailing twelve months is around 2.09%, less than IDEV's 3.13% yield.

PositionTTM20252024202320222021202020192018201720162015
IDEV
iShares Core MSCI International Developed Markets ETF		3.13%3.40%3.30%3.07%2.69%3.05%2.00%3.18%3.16%1.54%0.00%0.00%
VDU.TO
Vanguard FTSE Developed All Cap ex U.S. Index ETF		2.09%2.61%2.55%2.54%2.14%2.67%1.64%2.48%2.61%2.26%2.41%2.25%

Frequently Asked Questions

With a correlation of 0.93, VDU.TO 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 0.22% for VDU.TO.

VDU.TO is categorized as Global Equities, while IDEV is Foreign Large Cap Equities. VDU.TO tracks FTSE Developed All Cap ex US Index, while IDEV tracks MSCI World ex USA Investable Market Index. They also come from different issuers: Vanguard and iShares. Their fees differ too: 0.22% for VDU.TO and 0.05% for IDEV.

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