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AMZN vs. IGV
Performance
Return for Risk
Drawdowns
Volatility
Dividends

AMZN vs. IGV

Last updated Jun 13, 2026

AMZN (Amazon.com, 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, AMZN returned 20.83%/yr vs 15.87%/yr for IGV. A 0.59 correlation means they provide meaningful diversification when combined.

Performance

AMZN vs. IGV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amazon.com, Inc (AMZN) and iShares Expanded Tech-Software Sector ETF (IGV). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, AMZN achieves a 3.35% return, which is significantly higher than IGV's -14.18% return. Over the past 10 years, AMZN has outperformed IGV with an annualized return of 20.83%, while IGV has yielded a comparatively lower 15.87% annualized return.

AMZN

1D
-1.23%
1M
-11.69%
YTD
3.35%
6M
5.46%
1Y
11.87%
3Y*
23.49%
5Y*
7.35%
10Y*
20.83%

IGV

1D
-0.24%
1M
2.37%
YTD
-14.18%
6M
-16.00%
1Y
-15.27%
3Y*
10.04%
5Y*
3.91%
10Y*
15.87%
*Multi-year figures are annualized to reflect compound growth (CAGR)

AMZN vs. IGV - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
AMZN
Amazon.com, Inc		3.35%5.21%44.39%80.88%-49.62%2.38%76.26%23.03%28.43%55.96%
IGV
iShares Expanded Tech-Software Sector ETF		-14.18%5.56%23.41%58.56%-35.65%12.30%52.86%34.33%12.44%42.16%

Correlation

The correlation between AMZN and IGV is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.36

Correlation (3Y)
Calculated over the trailing 3-year period

0.56

Correlation (5Y)
Calculated over the trailing 5-year period

0.65

Correlation (10Y)
Calculated over the trailing 10-year period

0.65

Correlation (All Time)
Calculated using the full available price history since Jul 13, 2001

0.59

Over the past year, the correlation between AMZN and IGV has dropped to 0.36 - well below their long-term average of 0.59, suggesting their price drivers have been diverging.

Compare stocks, funds, or ETFs

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Amazon.com, Inc

iShares Expanded Tech-Software Sector ETF

Often compared with AMZN:
AMZN vs. MSFTAMZN vs. NVDAAMZN vs. GOOGAMZN vs. AAPLAMZN vs. SPYAMZN vs. TSLAAMZN vs. META
Often compared with IGV:
IGV vs. QQQIGV vs. XSWIGV vs. SOXXIGV vs. VGTIGV vs. XLKIGV vs. SMHXIGV vs. VOO

Return for Risk

AMZN vs. IGV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
AMZN
AMZN Risk / Return Rank: 5454
Overall Rank
AMZN Sharpe Ratio Rank: 5757
Sharpe Ratio Rank
AMZN Sortino Ratio Rank: 5151
Sortino Ratio Rank
AMZN Omega Ratio Rank: 4949
Omega Ratio Rank
AMZN Calmar Ratio Rank: 5555
Calmar Ratio Rank
AMZN Martin Ratio Rank: 5757
Martin Ratio Rank
IGV
IGV Risk / Return Rank: 55
Overall Rank
IGV Sharpe Ratio Rank: 55
Sharpe Ratio Rank
IGV Sortino Ratio Rank: 55
Sortino Ratio Rank
IGV Omega Ratio Rank: 55
Omega Ratio Rank
IGV Calmar Ratio Rank: 66
Calmar Ratio Rank
IGV Martin Ratio Rank: 66
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AMZN vs. IGV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amazon.com, Inc (AMZN) 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.

AMZNIGVDifference
Sharpe ratioReturn per unit of total volatility
0.40
-0.55

+0.94

Sortino ratioReturn per unit of downside risk
0.76
-0.61

+1.38

Omega ratioGain probability vs. loss probability

1.09

0.93

+0.17

Calmar ratioReturn relative to maximum drawdown

0.55

-0.42

+0.97

Martin ratioReturn relative to average drawdown

1.29

-0.87

+2.16

AMZN vs. IGV - Sharpe Ratio Comparison

The current AMZN Sharpe Ratio is 0.40, which is higher than the IGV Sharpe Ratio of -0.55. The chart below compares the historical Sharpe Ratios of AMZN and IGV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

AMZN vs. IGV - Drawdown Comparison

The maximum AMZN drawdown since its inception was -94.40%, which is greater than IGV's maximum drawdown of -63.45%. Use the drawdown chart below to compare losses from any high point for AMZN and IGV.

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Drawdown Indicators

AMZNIGVDifference

Max Drawdown

Largest peak-to-trough decline

-94.40%

-63.45%

-30.95%

Max Drawdown (1Y)

Largest decline over 1 year

-21.74%

-36.61%

+14.87%

Max Drawdown (3Y)

Largest decline over 3 years

-30.88%

-36.61%

+5.73%

Max Drawdown (5Y)

Largest decline over 5 years

-56.15%

-45.85%

-10.30%

Max Drawdown (10Y)

Largest decline over 10 years

-56.15%

-45.85%

-10.30%

Current Drawdown

Current decline from peak

-13.25%

-23.00%

+9.75%

Average Drawdown

Average peak-to-trough decline

-28.19%

-14.45%

-13.74%

Ulcer Index

Depth and duration of drawdowns from previous peaks

9.21%

17.55%

-8.34%

Volatility

AMZN vs. IGV - Volatility Comparison

The current volatility for Amazon.com, Inc (AMZN) is 7.92%, while iShares Expanded Tech-Software Sector ETF (IGV) has a volatility of 12.57%. This indicates that AMZN 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

AMZNIGVDifference

Volatility (1M)

Calculated over the trailing 1-month period

7.92%

12.57%

-4.65%

Volatility (6M)

Calculated over the trailing 6-month period

20.73%

24.80%

-4.07%

Volatility (1Y)

Calculated over the trailing 1-year period

30.13%

28.06%

+2.07%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

35.53%

27.92%

+7.61%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

32.48%

26.39%

+6.09%

Dividends

AMZN vs. IGV - Dividend Comparison

Neither AMZN nor IGV has paid dividends to shareholders.

PositionTTM20252024202320222021202020192018201720162015
AMZN
Amazon.com, Inc		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
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

AMZN and IGV have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

IGV has higher volatility (12.57%) compared to AMZN (7.92%). In terms of maximum drawdown, AMZN dropped -94.40% vs IGV's -63.45%.

AMZN currently has the higher Sharpe Ratio (0.40 vs -0.55), 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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