^DJUSFN vs. IWB
Compare and contrast key facts about Dow Jones U.S. Financials Index (^DJUSFN) and iShares Russell 1000 ETF (IWB).
IWB is a passively managed fund by iShares that tracks the performance of the Russell 1000 Index. It was launched on May 15, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^DJUSFN or IWB.
Correlation
The correlation between ^DJUSFN and IWB is 0.84, 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.
Performance
^DJUSFN vs. IWB - Performance Comparison
Key characteristics
^DJUSFN:
1.81
IWB:
1.95
^DJUSFN:
2.58
IWB:
2.62
^DJUSFN:
1.34
IWB:
1.36
^DJUSFN:
2.83
IWB:
2.95
^DJUSFN:
9.79
IWB:
12.55
^DJUSFN:
2.50%
IWB:
1.98%
^DJUSFN:
13.39%
IWB:
12.72%
^DJUSFN:
-80.50%
IWB:
-55.38%
^DJUSFN:
-6.66%
IWB:
-3.93%
Returns By Period
In the year-to-date period, ^DJUSFN achieves a -0.31% return, which is significantly lower than IWB's -0.19% return. Over the past 10 years, ^DJUSFN has underperformed IWB with an annualized return of 8.67%, while IWB has yielded a comparatively higher 12.93% annualized return.
^DJUSFN
-0.31%
-5.03%
14.86%
24.60%
8.27%
8.67%
IWB
-0.19%
-3.19%
7.41%
26.05%
14.08%
12.93%
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Risk-Adjusted Performance
^DJUSFN vs. IWB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Dow Jones U.S. Financials Index (^DJUSFN) and iShares Russell 1000 ETF (IWB). 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.
Drawdowns
^DJUSFN vs. IWB - Drawdown Comparison
The maximum ^DJUSFN drawdown since its inception was -80.50%, which is greater than IWB's maximum drawdown of -55.38%. Use the drawdown chart below to compare losses from any high point for ^DJUSFN and IWB. For additional features, visit the drawdowns tool.
Volatility
^DJUSFN vs. IWB - Volatility Comparison
Dow Jones U.S. Financials Index (^DJUSFN) and iShares Russell 1000 ETF (IWB) have volatilities of 4.41% and 4.25%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.