iShares U.S. Financial Services ETF (IYG) belongs to the Financials Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with IYG. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to IYG
IYG charges 0.42% annually. There are 19 ETFs in the Financials Equities category with lower expense ratios, going as low as 0.08%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| State Street Financial Select Sector SPDR ETF | 0.08% | 51.89B | Dec 1998 | IYG vs XLF | |
| Fidelity MSCI Financials Index ETF | 0.08% | 2.17B | Oct 2013 | IYG vs FNCL | |
| Vanguard Financials ETF | 0.09% | 13.50B | Jan 2004 | IYG vs VFH | |
| Gabelli Financial Services Opportunities ETF | 0.10% | 50.20M | May 2022 | IYG vs GABF | |
| Portfolio Building Block European Banks Index ETF | 0.13% | 22.30M | Nov 2025 | IYG vs PBEU |
Best Risk-Adjusted Alternatives to IYG
IYG has a PortfoliosLab risk / return rank of 17. There are 20 ETFs in the Financials Equities category with higher risk-adjusted ranks, going as high as 89.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| HSBC Holdings plc ADRhedged ETF | 89 | 5.04M | Oct 2024 | IYG vs HSBH | |
| Themes Global Systemically Important Banks ETF | 76 | 24.99M | Dec 2023 | IYG vs GSIB | |
| Invesco KBW Bank ETF | 57 | 6.25B | Nov 2011 | IYG vs KBWB | |
| iShares MSCI Europe Financials ETF | 43 | 3.69B | Jan 2010 | IYG vs EUFN | |
| First Trust Nasdaq Bank ETF | 43 | 299.07M | Sep 2016 | IYG vs FTXO |
Top Performing IYG Alternatives (YTD)
IYG is at -1.05% YTD. There are 26 ETFs in the Financials Equities category with higher YTD returns, going as high as 24.96%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| HSBC Holdings plc ADRhedged ETF | 24.96% | 5.04M | Oct 2024 | IYG vs HSBH | |
| First Trust NASDAQ ABA Community Bank Index Fund | 18.17% | 83.48M | Jun 2009 | IYG vs QABA | |
| SPDR S&P Regional Banking ETF | 15.47% | 4.33B | Jun 2006 | IYG vs KRE | |
| Themes Global Systemically Important Banks ETF | 14.24% | 24.99M | Dec 2023 | IYG vs GSIB | |
| Invesco S&P SmallCap Financials ETF | 13.58% | 26.65M | Apr 2010 | IYG vs PSCF |
Lowest Volatility Alternatives to IYG
IYG has 15.59% 1-year volatility. There are 11 ETFs in the Financials Equities category with lower 1-year volatility, going as low as 9.39%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| RiverNorth Enhanced Pre-Merger SPAC ETF | 9.39% | 7.14M | Jul 2022 | IYG vs SPCZ | |
| iShares MSCI Kuwait ETF | 13.54% | 70.62M | Sep 2020 | IYG vs KWT | |
| iShares Global Financials ETF | 13.90% | 580.15M | Nov 2001 | IYG vs IXG | |
| iShares U.S. Financials ETF | 14.52% | 3.81B | May 2000 | IYG vs IYF | |
| State Street Financial Select Sector SPDR ETF | 14.57% | 51.89B | Dec 1998 | IYG vs XLF |
Lowest Drawdown Alternatives to IYG
IYG has a 1-year max drawdown of -15.90%. There are 24 ETFs in the Financials Equities category with shallower 1-year drawdowns, going as shallow as -3.82%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| RiverNorth Enhanced Pre-Merger SPAC ETF | -3.82% | 7.14M | Jul 2022 | IYG vs SPCZ | |
| iShares U.S. Insurance ETF | -7.62% | 376.18M | May 2006 | IYG vs IAK | |
| Invesco KBW Property & Casualty Insurance ETF | -9.56% | 254.21M | Dec 2010 | IYG vs KBWP | |
| Invesco S&P SmallCap Financials ETF | -9.91% | 26.65M | Apr 2010 | IYG vs PSCF | |
| iShares Global Financials ETF | -11.33% | 580.15M | Nov 2001 | IYG vs IXG |
Other ETFs from iShares
The 10 most viewed iShares ETFs shown here include SGOV, IBIT, IVV and span 14 categories. AUM among these funds goes as high as $838B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | Ultrashort Bond | 100 | 1.72% | 95.28B | May 2020 | IYG vs SGOV | |
| iShares Bitcoin Trust ETF | Cryptocurrency | 2 | -31.78% | 48.04B | Jan 2024 | IYG vs IBIT | |
| iShares Core S&P 500 ETF | S&P 500 | 60 | 8.13% | 837.93B | May 2000 | IYG vs IVV | |
| iShares Semiconductor ETF | Semiconductors, Technology Equities | 95 | 99.95% | 46.67B | Jul 2001 | IYG vs SOXX | |
| iShares 20+ Year Treasury Bond ETF | Government Bonds, Long-Term Bond | 16 | 2.15% | 41.34B | Jul 2002 | IYG vs TLT | |
| iShares Core Dividend Growth ETF | Large Cap Growth Equities, Dividend | 78 | 9.37% | 41.89B | Jun 2014 | IYG vs DGRO | |
| iShares Silver Trust | Silver, Precious Metals | 28 | -19.62% | 32.53B | Apr 2006 | IYG vs SLV | |
| iShares Gold Trust | Gold, Precious Metals | 21 | -7.61% | 64.29B | Jan 2005 | IYG vs IAU | |
| iShares Russell 2000 ETF | Small Cap Blend Equities | 70 | 21.03% | 81.35B | May 2000 | IYG vs IWM | |
| iShares MSCI ACWI ETF | Global Equities | 59 | 9.71% | 32.95B | Mar 2008 | IYG vs ACWI |
Often Compared With IYG
Investors most often compare IYG with IYK, FPE, VOO. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare IYG with Any Fund or Stock
Compare IYG with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair IYG with funds that move differently
iShares U.S. Financial Services ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to IYG.
Explore IYG Diversifiers