Which returned more over the last year, IVLU or PIEQ?

In the year to Oct 9, 2026, with distributions reinvested, IVLU returned +23.8% and PIEQ +13.0%.

Which is cheaper, IVLU or PIEQ?

IVLU is cheaper, by 0.17 percentage points a year. That is about $17 on $10,000 held for a year. Fees come from each fund's prospectus.

How much do IVLU and PIEQ overlap with the S&P 500?

By their latest filed holdings, 0% of IVLU and 0% of PIEQ by weight is stocks the S&P 500 already holds.

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IVLU vs PIEQ: Differences, Returns & Fees

IVLU and PIEQ hold 6% of their weight in the same names, and IVLU returned +23.8% over the year. Net assets: $4.4bn on Oct 9, 2026 for iShares MSCI Intl Value Factor ETF, and $1.3bn on Oct 8, 2026 for Principal International Equity ETF.

IVLU costs 0.17 points a year less; their one-year returns differ by 10.8 points; IVLU is 3.3 times larger.

	IVLU	PIEQ
Expense ratio	0.31%	0.48%
Net assets, as of Oct 8, 2026	$4.4bn	$1.3bn
Total return, 1 year	+23.8%	+13.0%
What it tracks	MSCI World ex USA Enhanced Value Index	No index, actively managed
Holdings in common	6%
Top ten holdings, share of the fund	16.2%	47.1%
Below its high	6.0%, high on Sep 3, 2026	5.2%, high on Aug 25, 2026

Holdings in common uses holdings dated Jun 30, 2026 and Oct 8, 2026.

+23.8%

IVLU total return, 1 year

+13.0%

PIEQ total return, 1 year

0.31%

IVLU expense ratio

0.48%

PIEQ expense ratio

What they hold in common

By the books each fund has filed, IVLU and PIEQ hold 6% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026 and Oct 8, 2026.

50%

half

6% in common

Positions both hold, largest shared weight first

Holding IVLU PIEQ

BNP PARIBAS SA 1.59% 2.10%

BRITISH AMERICAN TOBACCO 1.54% 3.96%

SHELL 1.95% 1.33%

KOMATSU 0.59% 1.35%

ERSTE GROUP BANK AG 0.28% 3.43%

SOMPO HOLDINGS 0.26% 3.54%

AIB GROUP PLC 0.17% 3.77%

OBAYASHI 0.13% 2.28%

REXEL SA 0.11% 3.07%

Only in IVLU

HSBC HOLDINGS PLC 2.05%

TOYOTA MOTOR 1.89%

BANCO SANTANDER 1.70%

ROCHE PS PAR AG 1.46%

SIEMENS N AG 1.43%

NOVARTIS AG 1.28%

MITSUBISHI UFJ FINANCIAL GROUP 1.27%

SANOFI SA 1.19%

Only in PIEQ

Samsung Electronics Co Ltd 8.00%

Taiwan Semiconductor Manufacturing Co Ltd 6.96%

ASML Holding NV 6.80%

Teck Resources Ltd 4.15%

Spotify Technology SA 3.27%

Alibaba Group Holding Ltd 3.21%

Suncor Energy Inc 3.17%

AstraZeneca PLC 3.05%

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On the same fields

IVLU

iShares MSCI Intl Value Factor ETF

PIEQ

Principal International Equity ETF

Where it sits Stock ETF Stock ETF

Issuer iShares Principal

What it is Tracks an index Actively managed

Total return, 1 year +23.8% +13.0%

S&P 500 over the same days +17.3% +17.3%

Gap to the S&P 500 +6.5 pts −4.3 pts

Expense ratio 0.31% 0.48%

Already in the S&P 500 0.0% 0.0%

Holdings 344 35

Net assets, IVLU as of Oct 9, 2026 and PIEQ as of Oct 8, 2026 $4.4bn $1.3bn

IVLU and PIEQ on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.

IVLU in plain words

IVLU tracks an index. Over the year to Oct 9, 2026 it returned +23.8% with distributions reinvested, against +17.3% for the S&P 500. The prospectus expense ratio is 0.31% a year. By its holdings published by its issuer for Oct 8, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 344 positions, with the top ten at 16.2%. It sat 6.0% below its high of Sep 3, 2026 on Oct 9, 2026.

PIEQ in plain words

PIEQ is actively managed and tracks no index. Over the year to Oct 9, 2026 it returned +13.0% with distributions reinvested, against +17.3% for the S&P 500. The prospectus expense ratio is 0.48% a year. By its holdings filed for Jun 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 35 positions, with the top ten at 47.1%. It sat 5.2% below its high of Aug 25, 2026 on Oct 9, 2026.

Questions people ask

Which returned more over the last year, IVLU or PIEQ?: In the year to Oct 9, 2026, with distributions reinvested, IVLU returned +23.8% and PIEQ +13.0%.
Which is cheaper, IVLU or PIEQ?: IVLU is cheaper, by 0.17 percentage points a year. That is about $17 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do IVLU and PIEQ overlap with the S&P 500?: By their latest filed holdings, 0% of IVLU and 0% of PIEQ by weight is stocks the S&P 500 already holds.

Other comparisons

IVLU vs RODM AVIV vs IVLU IVLU vs WCMI AVDE vs IVLU EFAV vs PIEQ DIVI vs PIEQ AVDE vs PIEQ DFIV vs PIEQ

IVLU on its own →PIEQ on its own →Hold both: look the portfolio through →Rankings →Standards and sources →

Where these figures came from

IVLU filings on SEC EDGAR ↗IVLU prospectus with the expense ratio (SEC) ↗iShares page for IVLU ↗PIEQ filings on SEC EDGAR ↗PIEQ prospectus with the expense ratio (SEC) ↗Principal website ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, IVLU against PIEQ, data as of Oct 9, 2026. https://etfiq.com/compare/any/ivlu-vs-pieq

Open data

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.