DYNF vs. IEF
DYNF (iShares U.S. Equity Factor Rotation Active ETF) and IEF (iShares 7-10 Year Treasury Bond ETF) are both exchange-traded funds - DYNF is a Large Cap Blend Equities fund actively managed by iShares, while IEF is a Government Bonds fund tracking the ICE U.S. Treasury 7-10 Year Bond Index. DYNF is actively managed, while IEF is passively managed. Over the past 5 years, DYNF returned 14.62%/yr vs -1.24%/yr for IEF. At a correlation of -0.04, they often move in opposite directions. DYNF charges 0.26%/yr vs 0.15%/yr for IEF.
Performance
DYNF vs. IEF - Performance Comparison
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Returns By Period
In the year-to-date period, DYNF achieves a 9.88% return, which is significantly higher than IEF's -0.47% return.
DYNF
- 1D
- 0.57%
- 1M
- 0.54%
- YTD
- 9.88%
- 6M
- 10.36%
- 1Y
- 28.69%
- 3Y*
- 24.87%
- 5Y*
- 14.62%
- 10Y*
- —
IEF
- 1D
- -0.17%
- 1M
- 1.05%
- YTD
- -0.47%
- 6M
- -0.18%
- 1Y
- 3.78%
- 3Y*
- 2.86%
- 5Y*
- -1.24%
- 10Y*
- 0.59%
DYNF vs. IEF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
DYNF iShares U.S. Equity Factor Rotation Active ETF | 9.88% | 20.00% | 30.29% | 36.25% | -20.27% | 22.12% | 13.47% | 14.75% |
IEF iShares 7-10 Year Treasury Bond ETF | -0.47% | 8.03% | -0.63% | 3.64% | -15.15% | -3.33% | 10.01% | 6.16% |
Correlation
The correlation between DYNF and IEF is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.19 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.13 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.06 |
Correlation (All Time) Calculated using the full available price history since Mar 21, 2019 | -0.04 |
The correlation between DYNF and IEF shifts across timeframes, from -0.04 (all time) to 0.19 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
DYNF vs. IEF — Risk / Return Rank
DYNF
IEF
DYNF vs. IEF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Equity Factor Rotation Active ETF (DYNF) and iShares 7-10 Year Treasury Bond ETF (IEF). 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.
| DYNF | IEF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.37 | ||
| Sortino ratioReturn per unit of downside risk | +1.72 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.12 | +0.25 |
| Calmar ratioReturn relative to maximum drawdown | 3.15 | 0.84 | +2.31 |
| Martin ratioReturn relative to average drawdown | 14.77 | 2.35 | +12.42 |
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Drawdowns
DYNF vs. IEF - Drawdown Comparison
The maximum DYNF drawdown since its inception was -34.72%, which is greater than IEF's maximum drawdown of -23.93%. Use the drawdown chart below to compare losses from any high point for DYNF and IEF.
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Drawdown Indicators
| DYNF | IEF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.72% | -23.93% | -10.79% |
Max Drawdown (1Y)Largest decline over 1 year | -8.67% | -4.07% | -4.60% |
Max Drawdown (3Y)Largest decline over 3 years | -18.70% | -7.74% | -10.96% |
Max Drawdown (5Y)Largest decline over 5 years | -28.65% | -21.40% | -7.25% |
Max Drawdown (10Y)Largest decline over 10 years | — | -23.93% | — |
Current DrawdownCurrent decline from peak | -2.06% | -11.18% | +9.12% |
Average DrawdownAverage peak-to-trough decline | -5.96% | -5.35% | -0.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.85% | 1.45% | +0.40% |
Volatility
DYNF vs. IEF - Volatility Comparison
iShares U.S. Equity Factor Rotation Active ETF (DYNF) has a higher volatility of 4.91% compared to iShares 7-10 Year Treasury Bond ETF (IEF) at 1.62%. This indicates that DYNF's price experiences larger fluctuations and is considered to be riskier than IEF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DYNF | IEF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.91% | 1.62% | +3.29% |
Volatility (6M)Calculated over the trailing 6-month period | 10.37% | 3.42% | +6.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.01% | 4.72% | +8.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.58% | 7.71% | +9.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.91% | 6.63% | +13.28% |
DYNF vs. IEF - Expense Ratio Comparison
DYNF has a 0.26% expense ratio, which is higher than IEF's 0.15% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
DYNF vs. IEF - Dividend Comparison
DYNF's dividend yield for the trailing twelve months is around 0.90%, less than IEF's 3.89% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DYNF iShares U.S. Equity Factor Rotation Active ETF | 0.90% | 1.01% | 0.65% | 1.11% | 1.66% | 2.89% | 1.52% | 1.22% | 0.00% | 0.00% | 0.00% | 0.00% |
IEF iShares 7-10 Year Treasury Bond ETF | 3.89% | 3.77% | 3.62% | 2.91% | 1.96% | 0.83% | 1.08% | 2.08% | 2.24% | 1.82% | 1.81% | 1.90% |
Frequently Asked Questions
DYNF and IEF have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DYNF has higher volatility (4.91%) compared to IEF (1.62%). In terms of maximum drawdown, DYNF dropped -34.72% vs IEF's -23.93%.
On 5-year performance, DYNF leads with 14.62% vs -1.24% for IEF. On fees, IEF is cheaper at 0.15% per year. On volatility, IEF has been the lower-risk option at 1.62%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, DYNF has performed better with a 14.62% return vs -1.24%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IEF is cheaper with a 0.15% expense ratio, compared with 0.26% for DYNF.
IEF has the higher dividend yield at 3.89%, compared with 0.90% for DYNF.
DYNF is categorized as Large Cap Blend Equities, while IEF is Government Bonds. Their fees differ too: 0.26% for DYNF and 0.15% for IEF.
DYNF currently has the higher Sharpe Ratio (2.10 vs 0.72), 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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