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ATEYY vs. IYW
Performance
Return for Risk
Drawdowns
Volatility
Dividends

ATEYY vs. IYW

Last updated Jun 19, 2026

ATEYY (Advantest Corp DRC) is a stock, while IYW (iShares U.S. Technology ETF) is Technology Equities fund tracking the Russell 1000 Technology RIC 22.5/45 Capped Index. Over the past 10 years, ATEYY returned 53.36%/yr vs 26.12%/yr for IYW. At a 0.40 correlation, their price movements are largely independent.

Performance

ATEYY vs. IYW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Advantest Corp DRC (ATEYY) and iShares U.S. Technology ETF (IYW). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, ATEYY achieves a 54.36% return, which is significantly higher than IYW's 27.07% return. Over the past 10 years, ATEYY has outperformed IYW with an annualized return of 53.36%, while IYW has yielded a comparatively lower 26.12% annualized return.

ATEYY

1D
4.03%
1M
19.20%
YTD
54.36%
6M
58.08%
1Y
193.66%
3Y*
77.83%
5Y*
53.71%
10Y*
53.36%

IYW

1D
2.91%
1M
8.14%
YTD
27.07%
6M
29.45%
1Y
53.74%
3Y*
33.01%
5Y*
21.94%
10Y*
26.12%
*Multi-year figures are annualized to reflect compound growth (CAGR)

ATEYY vs. IYW - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
ATEYY
Advantest Corp DRC		54.36%122.70%68.99%111.43%-33.43%27.37%30.96%176.84%12.51%12.66%
IYW
iShares U.S. Technology ETF		27.07%25.38%30.25%65.44%-34.83%35.44%47.45%46.64%-0.93%36.60%

Correlation

The correlation between ATEYY and IYW is 0.65, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

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

0.65

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

0.56

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

0.54

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

0.40

Correlation (All Time)
Calculated using the full available price history since Jan 4, 2016

0.40

Over the past year, ATEYY and IYW have become more correlated (0.65) than their long-term average of 0.40, meaning their price movements have been converging.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Advantest Corp DRC

iShares U.S. Technology ETF

Often compared with ATEYY:
ATEYY vs. TOELYATEYY vs. OPXSATEYY vs. ACFNATEYY vs. BKTIATEYY vs. LSRCYATEYY vs. SMHATEYY vs. TER
Often compared with IYW:
IYW vs. VGTIYW vs. QQQIYW vs. XLKIYW vs. IGMIYW vs. SMHIYW vs. SOXXIYW vs. IWF

Return for Risk

ATEYY vs. IYW — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
ATEYY
ATEYY Risk / Return Rank: 9292
Overall Rank
ATEYY Sharpe Ratio Rank: 9595
Sharpe Ratio Rank
ATEYY Sortino Ratio Rank: 9090
Sortino Ratio Rank
ATEYY Omega Ratio Rank: 8888
Omega Ratio Rank
ATEYY Calmar Ratio Rank: 9494
Calmar Ratio Rank
ATEYY Martin Ratio Rank: 9494
Martin Ratio Rank
IYW
IYW Risk / Return Rank: 7171
Overall Rank
IYW Sharpe Ratio Rank: 8383
Sharpe Ratio Rank
IYW Sortino Ratio Rank: 7474
Sortino Ratio Rank
IYW Omega Ratio Rank: 7575
Omega Ratio Rank
IYW Calmar Ratio Rank: 6565
Calmar Ratio Rank
IYW Martin Ratio Rank: 5959
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.

ATEYY vs. IYW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Advantest Corp DRC (ATEYY) 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.

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.

ATEYYIYWDifference
Sharpe ratioReturn per unit of total volatility
2.79
2.46

+0.33

Sortino ratioReturn per unit of downside risk
3.09
3.06

+0.02

Omega ratioGain probability vs. loss probability

1.38

1.41

-0.03

Calmar ratioReturn relative to maximum drawdown

5.87

3.03

+2.83

Martin ratioReturn relative to average drawdown

15.77

9.70

+6.07

ATEYY vs. IYW - Sharpe Ratio Comparison

The current ATEYY Sharpe Ratio is 2.79, which is comparable to the IYW Sharpe Ratio of 2.46. The chart below compares the historical Sharpe Ratios of ATEYY and IYW, 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

ATEYY vs. IYW - Drawdown Comparison

The maximum ATEYY drawdown since its inception was -56.48%, smaller than the maximum IYW drawdown of -81.90%. Use the drawdown chart below to compare losses from any high point for ATEYY and IYW.

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Drawdown Indicators

ATEYYIYWDifference

Max Drawdown

Largest peak-to-trough decline

-56.48%

-81.90%

+25.42%

Max Drawdown (1Y)

Largest decline over 1 year

-33.24%

-17.81%

-15.43%

Max Drawdown (3Y)

Largest decline over 3 years

-44.70%

-26.47%

-18.23%

Max Drawdown (5Y)

Largest decline over 5 years

-56.48%

-39.44%

-17.04%

Max Drawdown (10Y)

Largest decline over 10 years

-56.48%

-39.44%

-17.04%

Current Drawdown

Current decline from peak

-1.68%

-2.42%

+0.74%

Average Drawdown

Average peak-to-trough decline

-14.21%

-34.60%

+20.39%

Ulcer Index

Depth and duration of drawdowns from previous peaks

12.33%

5.56%

+6.77%

Volatility

ATEYY vs. IYW - Volatility Comparison

Advantest Corp DRC (ATEYY) has a higher volatility of 27.25% compared to iShares U.S. Technology ETF (IYW) at 10.44%. This indicates that ATEYY'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.

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Volatility by Period

ATEYYIYWDifference

Volatility (1M)

Calculated over the trailing 1-month period

27.25%

10.44%

+16.81%

Volatility (6M)

Calculated over the trailing 6-month period

54.67%

18.17%

+36.50%

Volatility (1Y)

Calculated over the trailing 1-year period

69.99%

21.97%

+48.02%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

53.40%

26.17%

+27.23%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

48.63%

25.25%

+23.38%

Dividends

ATEYY vs. IYW - Dividend Comparison

ATEYY has not paid dividends to shareholders, while IYW's dividend yield for the trailing twelve months is around 0.10%.

PositionTTM20252024202320222021202020192018201720162015
ATEYY
Advantest Corp DRC		0.00%0.11%0.22%0.00%0.00%0.00%0.00%0.00%0.00%1.18%1.24%0.00%
IYW
iShares U.S. Technology ETF		0.10%0.14%0.21%0.34%0.50%0.31%0.56%0.72%0.92%0.82%1.14%1.12%

Frequently Asked Questions

ATEYY and IYW have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

ATEYY has higher volatility (27.25%) compared to IYW (10.44%). In terms of maximum drawdown, ATEYY dropped -56.48% vs IYW's -81.90%.

ATEYY currently has the higher Sharpe Ratio (2.79 vs 2.46), 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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