ABBN.SW vs. IYW
Compare and contrast key facts about ABB Ltd (ABBN.SW) and iShares U.S. Technology ETF (IYW).
IYW is a passively managed fund by iShares that tracks the performance of the Dow Jones U.S. Technology Index. It was launched on May 19, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ABBN.SW or IYW.
Correlation
The correlation between ABBN.SW and IYW is 0.30, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
ABBN.SW vs. IYW - Performance Comparison
Key characteristics
ABBN.SW:
1.49
IYW:
1.12
ABBN.SW:
1.90
IYW:
1.56
ABBN.SW:
1.28
IYW:
1.20
ABBN.SW:
2.15
IYW:
1.55
ABBN.SW:
6.86
IYW:
5.23
ABBN.SW:
4.98%
IYW:
4.78%
ABBN.SW:
22.89%
IYW:
22.34%
ABBN.SW:
-97.01%
IYW:
-81.89%
ABBN.SW:
-9.20%
IYW:
-5.21%
Returns By Period
In the year-to-date period, ABBN.SW achieves a -0.08% return, which is significantly higher than IYW's -1.23% return. Over the past 10 years, ABBN.SW has underperformed IYW with an annualized return of 14.88%, while IYW has yielded a comparatively higher 20.79% annualized return.
ABBN.SW
-0.08%
-0.26%
12.33%
32.50%
20.62%
14.88%
IYW
-1.23%
-2.96%
18.31%
21.22%
20.71%
20.79%
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Risk-Adjusted Performance
ABBN.SW vs. IYW — Risk-Adjusted Performance Rank
ABBN.SW
IYW
ABBN.SW vs. IYW - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ABB Ltd (ABBN.SW) and iShares U.S. Technology ETF (IYW). 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.
Dividends
ABBN.SW vs. IYW - Dividend Comparison
ABBN.SW's dividend yield for the trailing twelve months is around 1.77%, more than IYW's 0.21% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ABBN.SW ABB Ltd | 1.77% | 1.77% | 2.25% | 7.34% | 2.38% | 3.35% | 3.55% | 4.32% | 3.01% | 3.57% | 4.15% | 3.43% |
IYW iShares U.S. Technology ETF | 0.21% | 0.21% | 0.40% | 0.50% | 0.31% | 0.56% | 0.72% | 0.91% | 0.82% | 1.13% | 1.12% | 1.13% |
Drawdowns
ABBN.SW vs. IYW - Drawdown Comparison
The maximum ABBN.SW drawdown since its inception was -97.01%, which is greater than IYW's maximum drawdown of -81.89%. Use the drawdown chart below to compare losses from any high point for ABBN.SW and IYW. For additional features, visit the drawdowns tool.
Volatility
ABBN.SW vs. IYW - Volatility Comparison
ABB Ltd (ABBN.SW) has a higher volatility of 9.05% compared to iShares U.S. Technology ETF (IYW) at 7.93%. This indicates that ABBN.SW's price experiences larger fluctuations and is considered to be riskier than IYW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.