ASH vs. IVW
Compare and contrast key facts about Ashland Global Holdings Inc. (ASH) and iShares S&P 500 Growth ETF (IVW).
IVW is a passively managed fund by iShares that tracks the performance of the S&P 500/Citigroup Growth Index. It was launched on May 22, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ASH or IVW.
Key characteristics
| ASH | IVW | |
|---|---|---|
| YTD Return | 14.08% | 9.10% |
| 1Y Return | 8.03% | 29.56% |
| 3Y Return (Ann) | 4.84% | 6.53% |
| 5Y Return (Ann) | 6.29% | 13.99% |
| 10Y Return (Ann) | 8.30% | 13.93% |
| Sharpe Ratio | -0.09 | 2.07 |
| Daily Std Dev | 28.30% | 13.93% |
| Max Drawdown | -91.64% | -57.35% |
| Current Drawdown | -13.86% | -3.86% |
Correlation
The correlation between ASH and IVW is 0.54, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
ASH vs. IVW - Performance Comparison
In the year-to-date period, ASH achieves a 14.08% return, which is significantly higher than IVW's 9.10% return. Over the past 10 years, ASH has underperformed IVW with an annualized return of 8.30%, while IVW has yielded a comparatively higher 13.93% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
ASH vs. IVW - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Ashland Global Holdings Inc. (ASH) and iShares S&P 500 Growth ETF (IVW). 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
ASH vs. IVW - Dividend Comparison
ASH's dividend yield for the trailing twelve months is around 1.61%, more than IVW's 0.81% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASH Ashland Global Holdings Inc. | 1.61% | 1.77% | 1.21% | 1.09% | 1.39% | 1.40% | 1.37% | 1.22% | 1.43% | 1.47% | 1.14% | 1.28% |
IVW iShares S&P 500 Growth ETF | 0.81% | 1.03% | 0.89% | 0.46% | 0.82% | 1.62% | 1.27% | 1.30% | 1.51% | 1.51% | 1.36% | 1.44% |
Drawdowns
ASH vs. IVW - Drawdown Comparison
The maximum ASH drawdown since its inception was -91.64%, which is greater than IVW's maximum drawdown of -57.35%. Use the drawdown chart below to compare losses from any high point for ASH and IVW. For additional features, visit the drawdowns tool.
Volatility
ASH vs. IVW - Volatility Comparison
Ashland Global Holdings Inc. (ASH) and iShares S&P 500 Growth ETF (IVW) have volatilities of 5.76% and 5.70%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.