ABBV vs. IGV
ABBV (AbbVie Inc.) is a stock, while IGV (iShares Expanded Tech-Software Sector ETF) is Technology Equities fund tracking the S&P North American Expanded Technology Software Index. Over the past 10 years, ABBV returned 19.60%/yr vs 15.60%/yr for IGV. At a 0.27 correlation, their price movements are largely independent.
Performance
ABBV vs. IGV - Performance Comparison
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Returns By Period
In the year-to-date period, ABBV achieves a 13.52% return, which is significantly higher than IGV's -12.01% return. Over the past 10 years, ABBV has outperformed IGV with an annualized return of 19.60%, while IGV has yielded a comparatively lower 15.60% annualized return.
ABBV
- 1D
- -0.44%
- 1M
- 17.87%
- 6M
- 20.04%
- YTD
- 13.52%
- 1Y
- 38.03%
- 3Y*
- 25.04%
- 5Y*
- 21.08%
- 10Y*
- 19.60%
- ALL TIME*
- 20.49%
IGV
- 1D
- 0.19%
- 1M
- 4.37%
- 6M
- -5.40%
- YTD
- -12.01%
- 1Y
- -16.26%
- 3Y*
- 9.01%
- 5Y*
- 3.20%
- 10Y*
- 15.60%
- ALL TIME*
- 9.30%
ABBV vs. IGV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ABBV AbbVie Inc. | 13.52% | 33.08% | 18.86% | -0.23% | 24.01% | 32.43% | 27.72% | 1.47% | -0.96% | 60.07% |
IGV iShares Expanded Tech-Software Sector ETF | -12.01% | 5.56% | 23.41% | 58.56% | -35.65% | 12.30% | 52.86% | 34.33% | 12.44% | 42.16% |
Correlation
The correlation between ABBV and IGV is -0.14, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.03 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.07 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.21 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2013 | 0.27 |
The correlation between ABBV and IGV shifts across timeframes, from -0.14 (1 year) to 0.27 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
ABBV vs. IGV — Risk / Return Rank
ABBV
IGV
ABBV vs. IGV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AbbVie Inc. (ABBV) and iShares Expanded Tech-Software Sector ETF (IGV). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ABBV | IGV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.04 | ||
| Sortino ratioReturn per unit of downside risk | +2.85 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 0.92 | +0.35 |
| Calmar ratioReturn relative to maximum drawdown | 2.21 | -0.45 | +2.65 |
| Martin ratioReturn relative to average drawdown | 4.89 | -0.86 | +5.75 |
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Drawdowns
ABBV vs. IGV - Drawdown Comparison
The maximum ABBV drawdown since its inception was -45.09%, smaller than the maximum IGV drawdown of -63.45%. Use the drawdown chart below to compare losses from any high point for ABBV and IGV.
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Drawdown Indicators
| ABBV | IGV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.09% | -63.45% | +18.36% |
Max Drawdown (1Y)Largest decline over 1 year | -17.32% | -36.61% | +19.29% |
Max Drawdown (3Y)Largest decline over 3 years | -20.74% | -36.61% | +15.87% |
Max Drawdown (5Y)Largest decline over 5 years | -21.92% | -45.85% | +23.93% |
Max Drawdown (10Y)Largest decline over 10 years | -45.09% | -45.85% | +0.76% |
Current DrawdownCurrent decline from peak | -2.25% | -21.05% | +18.80% |
Average DrawdownAverage peak-to-trough decline | -10.66% | -14.48% | +3.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.80% | 18.89% | -11.09% |
Volatility
ABBV vs. IGV - Volatility Comparison
AbbVie Inc. (ABBV) has a higher volatility of 10.69% compared to iShares Expanded Tech-Software Sector ETF (IGV) at 7.17%. This indicates that ABBV's price experiences larger fluctuations and is considered to be riskier than IGV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ABBV | IGV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.69% | 7.17% | +3.52% |
Volatility (6M)Calculated over the trailing 6-month period | 19.21% | 25.18% | -5.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.01% | 28.69% | -2.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.39% | 28.08% | -4.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.90% | 26.41% | -0.51% |
Dividends
ABBV vs. IGV - Dividend Comparison
ABBV's dividend yield for the trailing twelve months is around 2.70%, more than IGV's 0.02% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ABBV AbbVie Inc. | 2.70% | 2.87% | 3.49% | 3.82% | 3.49% | 3.84% | 4.41% | 4.83% | 3.89% | 2.65% | 3.64% | 3.41% |
IGV iShares Expanded Tech-Software Sector ETF | 0.02% | 0.00% | 0.00% | 0.01% | 0.01% | 0.00% | 0.35% | 0.02% | 0.16% | 0.09% | 0.82% | 0.22% |
Frequently Asked Questions
ABBV and IGV have a correlation of -0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ABBV has higher volatility (10.69%) compared to IGV (7.17%). In terms of maximum drawdown, ABBV dropped -45.09% vs IGV's -63.45%.
ABBV currently has the higher Sharpe Ratio (1.47 vs -0.57), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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