Correlation
The correlation between BPAY and IYF is 0.75, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
BPAY vs. IYF
Compare and contrast key facts about BlackRock Future Financial and Technology ETF (BPAY) and iShares U.S. Financials ETF (IYF).
BPAY and IYF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BPAY is an actively managed fund by BlackRock. It was launched on Aug 16, 2022. IYF is a passively managed fund by iShares that tracks the performance of the Dow Jones U.S. Financials Index. It was launched on May 31, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BPAY or IYF.
Performance
BPAY vs. IYF - Performance Comparison
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Key characteristics
BPAY:
0.67
IYF:
1.18
BPAY:
1.09
IYF:
1.66
BPAY:
1.15
IYF:
1.24
BPAY:
0.67
IYF:
1.50
BPAY:
2.31
IYF:
5.49
BPAY:
7.37%
IYF:
4.52%
BPAY:
26.02%
IYF:
21.45%
BPAY:
-26.17%
IYF:
-79.09%
BPAY:
-3.50%
IYF:
-2.46%
Returns By Period
In the year-to-date period, BPAY achieves a 4.44% return, which is significantly lower than IYF's 5.30% return.
BPAY
4.44%
10.67%
-0.11%
17.21%
N/A
N/A
N/A
IYF
5.30%
4.98%
-1.80%
25.16%
15.88%
17.94%
11.74%
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BPAY vs. IYF - Expense Ratio Comparison
BPAY has a 0.70% expense ratio, which is higher than IYF's 0.42% expense ratio.
Risk-Adjusted Performance
BPAY vs. IYF — Risk-Adjusted Performance Rank
BPAY
IYF
BPAY vs. IYF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Future Financial and Technology ETF (BPAY) and iShares U.S. Financials ETF (IYF). 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.
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Dividends
BPAY vs. IYF - Dividend Comparison
BPAY's dividend yield for the trailing twelve months is around 0.46%, less than IYF's 1.29% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BPAY BlackRock Future Financial and Technology ETF | 0.46% | 0.48% | 1.18% | 0.18% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IYF iShares U.S. Financials ETF | 1.29% | 1.29% | 1.67% | 1.86% | 1.27% | 1.72% | 1.64% | 1.90% | 1.46% | 1.67% | 1.66% | 1.38% |
Drawdowns
BPAY vs. IYF - Drawdown Comparison
The maximum BPAY drawdown since its inception was -26.17%, smaller than the maximum IYF drawdown of -79.09%. Use the drawdown chart below to compare losses from any high point for BPAY and IYF.
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Volatility
BPAY vs. IYF - Volatility Comparison
BlackRock Future Financial and Technology ETF (BPAY) has a higher volatility of 6.08% compared to iShares U.S. Financials ETF (IYF) at 4.76%. This indicates that BPAY's price experiences larger fluctuations and is considered to be riskier than IYF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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