iShares International Developed Small Cap… (ISVL) Performance
ISVL total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +11.7% since Dec 31, 2025
- 1 year
- +17.4% total return
- 5 years
- +10.7% a year
- Since first price
- +11.4% a year since 2021
ISVL trailing returns vs SPY, QQQ, AGG
| Period | ISVL total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −3.2% | −3.2% | −1.0% | −5.0% | +0.9% |
| 3 months | +2.7% | +2.7% | +3.2% | +1.9% | −0.4% |
| 6 months | +5.7% | +3.7% | +7.8% | +8.4% | −1.5% |
| YTD | +11.7% | +9.6% | +12.3% | +15.1% | −1.0% |
| 1 year | +17.4% | +13.7% | +14.4% | +15.9% | −1.1% |
| 3 years | +97.7%+25.5%/yr | +77.9% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +66.4%+10.7%/yr | +38.9% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionMar 25, 2021 | +82.4%+11.4%/yr | +51.3% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: ISVL vs SPY
From Mar 25, 2021: ISVL grew to $18,237, SPY to $20,986.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
ISVL returns by calendar year
3 of 4 full years positive. Best 2025 (+42.8%), worst 2022 (−13.7%). 2026 is year to date.
ISVL annual returns table
| Year | ISVL | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +11.7% | −12.5% | +12.3% | +15.1% | −1.0% |
| 2025 | +42.8% | −12.5% | +17.7% | +20.8% | +7.2% |
| 2024 | +4.6% | −10.0% | +24.9% | +25.6% | +1.3% |
| 2023 | +17.6% | −12.9% | +26.2% | +54.9% | +5.7% |
| 2022 | −13.7% | −29.2% | −18.2% | −32.6% | −13.0% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
ISVL largest drawdowns
Now 5.9% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Sep 3, 2021 | −30.5% | Sep 27, 2022 | Mar 7, 2024 | 1.1 years | 2.5 years |
| Mar 19, 2025 | −12.5% | Apr 7, 2025 | Apr 24, 2025 | 19 days | 36 days |
| Feb 27, 2026 | −12.5% | Mar 20, 2026 | Jul 30, 2026 | 21 days | 5 months |
| Sep 26, 2024 | −10.1% | Jan 13, 2025 | Mar 14, 2025 | 4 months | 6 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
ISVL risk statistics
| Statistic | 3 years | 5 years | Since 2021 |
|---|---|---|---|
| Annualized return | +24.8% | +12.5% | +12.1% |
| Volatility (annualized) | 13.7% | 16.9% | 16.4% |
| Sharpe ratio | 1.38 | 0.58 | 0.59 |
| Sortino ratio | 2.47 | 0.88 | 0.90 |
| Best month | +8.8% | +11.8% | +11.8% |
| Worst month | −8.8% | −10.8% | −10.8% |
| Best 12 months | +51.1% | +51.1% | +51.1% |
| Worst 12 months | +4.6% | −24.7% | −24.7% |
| Positive months | 69% | 62% | 62% |
| Beta vs S&P 500 | 0.63 | 0.81 | — |
| Correlation with S&P 500 | 0.57 | 0.75 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
ISVL rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 56 | −24.7% | +15.2% | +51.1% | 77% |
| 3-year (a year) | 32 | +2.0% | +16.2% | +25.0% | 100% |
| 5-year (a year) | 8 | +10.5% | +11.0% | +12.5% | 100% |
Every holding period starting at a month-end since 2021. Returns for 3 years and longer are annualized.
ISVL performance overview
iShares International Developed Small Cap… (ISVL) returned +17.4% over the past year and +10.7% a year over five years, with distributions reinvested. Since its first recorded price in 2021 it has returned +11.4% a year, turning $10,000 into about $18,237. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −30.5%, from Sep 3, 2021 to Sep 27, 2022, and it took 1.4 years to get back to the old high. ISVL finished 3 of its 4 full calendar years with a gain; the best year was 2025 (+42.8%) and the worst 2022 (−13.7%). Volatility has been 16.4% a year.
Related: ISVL chart, ISVL holdings, ISVL dividends. See the ISVL overview for the latest quote and fund facts.
ISVL performance FAQ
What is the ISVL return over the past year?
ISVL returned +17.4% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 13.7%.
What is the average annual return of ISVL?
ISVL has returned +10.7% a year over 5 years, +11.4% a year since March 25, 2021 (total return, distributions reinvested).
How much would $10,000 invested in ISVL be worth?
$10,000 invested in ISVL at its first recorded close on March 25, 2021 would be worth about $18,237 on October 23, 2026 with distributions reinvested.
What was the worst year for ISVL?
The worst calendar year was 2022, with a total return of −13.7%. The best was 2025 at +42.8%.
What is the biggest drawdown of ISVL?
The largest peak-to-trough decline was −30.5% between September 3, 2021 and September 27, 2022. It recovered to the old high on March 7, 2024, 1.4 years after the bottom.
How volatile is ISVL?
Over the past 3 years ISVL had an annualized volatility of 13.7% and a Sharpe ratio of 1.38 (excess return over 1–3 month T-bills per unit of risk).