IGM vs. ^XCI
Compare and contrast key facts about iShares Expanded Tech Sector ETF (IGM) and ARCA Computer Technology Index (^XCI).
IGM is a passively managed fund by iShares that tracks the performance of the S&P North American Technology Sector Index. It was launched on Mar 13, 2001.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IGM or ^XCI.
Correlation
The correlation between IGM and ^XCI is 0.95, 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
IGM vs. ^XCI - Performance Comparison
Key characteristics
IGM:
1.96
^XCI:
2.15
IGM:
2.57
^XCI:
2.75
IGM:
1.34
^XCI:
1.37
IGM:
2.85
^XCI:
2.89
IGM:
10.20
^XCI:
9.72
IGM:
4.13%
^XCI:
4.91%
IGM:
21.43%
^XCI:
22.26%
IGM:
-65.59%
^XCI:
-77.19%
IGM:
-1.08%
^XCI:
0.00%
Returns By Period
In the year-to-date period, IGM achieves a 41.90% return, which is significantly lower than ^XCI's 47.45% return. Over the past 10 years, IGM has underperformed ^XCI with an annualized return of 20.49%, while ^XCI has yielded a comparatively higher 22.68% annualized return.
IGM
41.90%
4.80%
12.57%
42.10%
21.55%
20.49%
^XCI
47.45%
6.64%
10.57%
47.76%
27.62%
22.68%
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Risk-Adjusted Performance
IGM vs. ^XCI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Expanded Tech Sector ETF (IGM) and ARCA Computer Technology Index (^XCI). 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
IGM vs. ^XCI - Drawdown Comparison
The maximum IGM drawdown since its inception was -65.59%, smaller than the maximum ^XCI drawdown of -77.19%. Use the drawdown chart below to compare losses from any high point for IGM and ^XCI. For additional features, visit the drawdowns tool.
Volatility
IGM vs. ^XCI - Volatility Comparison
iShares Expanded Tech Sector ETF (IGM) has a higher volatility of 5.93% compared to ARCA Computer Technology Index (^XCI) at 5.14%. This indicates that IGM's price experiences larger fluctuations and is considered to be riskier than ^XCI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.