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 18.63%/yr vs 16.44%/yr for IGV. At a 0.28 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 -0.77% return, which is significantly higher than IGV's -9.50% return. Over the past 10 years, ABBV has outperformed IGV with an annualized return of 18.63%, while IGV has yielded a comparatively lower 16.44% annualized return.
ABBV
- 1D
- -1.83%
- 1M
- 10.68%
- YTD
- -0.77%
- 6M
- 1.62%
- 1Y
- 21.34%
- 3Y*
- 21.59%
- 5Y*
- 18.74%
- 10Y*
- 18.63%
IGV
- 1D
- -0.21%
- 1M
- 4.94%
- YTD
- -9.50%
- 6M
- -12.57%
- 1Y
- -9.75%
- 3Y*
- 13.14%
- 5Y*
- 5.60%
- 10Y*
- 16.44%
ABBV vs. IGV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ABBV AbbVie Inc. | -0.77% | 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 | -9.50% | 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 -0.10, 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 | -0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.04 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.08 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2013 | 0.28 |
The correlation between ABBV and IGV shifts across timeframes, from -0.10 (1 year) to 0.28 (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.
| ABBV | IGV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.23 | ||
| Sortino ratioReturn per unit of downside risk | +1.69 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 0.96 | +0.21 |
| Calmar ratioReturn relative to maximum drawdown | 1.24 | -0.27 | +1.51 |
| Martin ratioReturn relative to average drawdown | 2.77 | -0.56 | +3.33 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ABBV | IGV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.88 | -0.35 | +1.23 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.82 | 0.20 | +0.62 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.73 | 0.63 | +0.10 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.74 | 0.36 | +0.38 |
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 | -6.55% | -18.80% | +12.25% |
Average DrawdownAverage peak-to-trough decline | -10.72% | -14.45% | +3.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.72% | 17.33% | -9.61% |
Volatility
ABBV vs. IGV - Volatility Comparison
The current volatility for AbbVie Inc. (ABBV) is 6.39%, while iShares Expanded Tech-Software Sector ETF (IGV) has a volatility of 12.20%. This indicates that ABBV experiences smaller price fluctuations and is considered to be less risky 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 | 6.39% | 12.20% | -5.81% |
Volatility (6M)Calculated over the trailing 6-month period | 17.89% | 24.65% | -6.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.33% | 27.93% | -3.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.91% | 27.90% | -4.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.74% | 26.38% | -0.64% |
Dividends
ABBV vs. IGV - Dividend Comparison
ABBV's dividend yield for the trailing twelve months is around 3.02%, while IGV has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ABBV AbbVie Inc. | 3.02% | 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 | 0.00% | 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 -0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IGV has higher volatility (12.20%) compared to ABBV (6.39%). In terms of maximum drawdown, ABBV dropped -45.09% vs IGV's -63.45%.
ABBV currently has the higher Sharpe Ratio (0.88 vs -0.35), 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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