^XCI vs. IGM

In the year-to-date period, ^XCI achieves a -8.61% return, which is significantly lower than IGM's -6.83% return. Over the past 10 years, ^XCI has outperformed IGM with an annualized return of 23.39%, while IGM has yielded a comparatively lower 21.06% annualized return.

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This table presents a comparison of risk-adjusted performance metrics for ARCA Computer Technology Index (^XCI) and iShares Expanded Tech Sector ETF (IGM). 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.

The current ^XCI Sharpe Ratio is 1.16, which is comparable to the IGM Sharpe Ratio of 1.19. The chart below compares the historical Sharpe Ratios of ^XCI and IGM, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

The correlation between ^XCI and IGM is 0.94, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

The maximum ^XCI drawdown since its inception was -77.19%, which is greater than IGM's maximum drawdown of -65.59%. Use the drawdown chart below to compare losses from any high point for ^XCI and IGM.

The current volatility for ARCA Computer Technology Index (^XCI) is 7.94%, while iShares Expanded Tech Sector ETF (IGM) has a volatility of 8.38%. This indicates that ^XCI experiences smaller price fluctuations and is considered to be less risky than IGM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.