EMIF vs. IYK
Compare and contrast key facts about iShares Emerging Markets Infrastructure ETF (EMIF) and iShares U.S. Consumer Goods ETF (IYK).
EMIF and IYK are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EMIF is a passively managed fund by iShares that tracks the performance of the S&P Emerging Markets Infrastructure Index. It was launched on Jun 16, 2009. IYK is a passively managed fund by iShares that tracks the performance of the Dow Jones U.S. Consumer Goods Index. It was launched on Jun 12, 2000. Both EMIF and IYK are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EMIF or IYK.
Key characteristics
| EMIF | IYK | |
|---|---|---|
| YTD Return | 2.20% | 5.61% |
| 1Y Return | 5.80% | 5.83% |
| 3Y Return (Ann) | -0.99% | 10.17% |
| 5Y Return (Ann) | -2.21% | 17.78% |
| 10Y Return (Ann) | -1.67% | 14.97% |
| Sharpe Ratio | 0.32 | 0.59 |
| Daily Std Dev | 17.06% | 10.30% |
| Max Drawdown | -48.02% | -39.57% |
| Current Drawdown | -26.14% | -0.64% |
Correlation
The correlation between EMIF and IYK is 0.50, 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
EMIF vs. IYK - Performance Comparison
In the year-to-date period, EMIF achieves a 2.20% return, which is significantly lower than IYK's 5.61% return. Over the past 10 years, EMIF has underperformed IYK with an annualized return of -1.67%, while IYK has yielded a comparatively higher 14.97% 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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EMIF vs. IYK - Expense Ratio Comparison
EMIF has a 0.75% expense ratio, which is higher than IYK's 0.42% expense ratio.
Risk-Adjusted Performance
EMIF vs. IYK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Emerging Markets Infrastructure ETF (EMIF) and iShares U.S. Consumer Goods ETF (IYK). 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
EMIF vs. IYK - Dividend Comparison
EMIF's dividend yield for the trailing twelve months is around 2.59%, less than IYK's 6.96% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EMIF iShares Emerging Markets Infrastructure ETF | 2.59% | 2.64% | 3.08% | 3.94% | 2.54% | 2.07% | 2.64% | 2.58% | 3.16% | 2.07% | 3.10% | 2.87% |
IYK iShares U.S. Consumer Goods ETF | 6.96% | 8.23% | 6.49% | 4.46% | 4.26% | 6.63% | 8.44% | 5.21% | 7.88% | 6.34% | 5.47% | 5.52% |
Drawdowns
EMIF vs. IYK - Drawdown Comparison
The maximum EMIF drawdown since its inception was -48.02%, which is greater than IYK's maximum drawdown of -39.57%. Use the drawdown chart below to compare losses from any high point for EMIF and IYK. For additional features, visit the drawdowns tool.
Volatility
EMIF vs. IYK - Volatility Comparison
iShares Emerging Markets Infrastructure ETF (EMIF) has a higher volatility of 4.66% compared to iShares U.S. Consumer Goods ETF (IYK) at 3.26%. This indicates that EMIF's price experiences larger fluctuations and is considered to be riskier than IYK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.