FOXA vs. IYW

Last updated Jun 3, 2026

FOXA (Fox Corporation) 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 5 years, FOXA returned 13.86%/yr vs 23.59%/yr for IYW. At a 0.30 correlation, their price movements are largely independent.

Performance

FOXA vs. IYW - Performance Comparison

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

Returns By Period

In the year-to-date period, FOXA achieves a -9.66% return, which is significantly lower than IYW's 30.23% return.

FOXA

• 1D: -1.68%
• 1M: 3.69%
• YTD: -9.66%
• 6M: -0.36%
• 1Y: 20.27%
• 3Y*: 28.88%
• 5Y*: 13.86%
• 10Y*: —

IYW

• 1D: 0.76%
• 1M: 17.61%
• YTD: 30.23%
• 6M: 29.45%
• 1Y: 63.02%
• 3Y*: 35.66%
• 5Y*: 23.59%
• 10Y*: 26.22%

*Multi-year figures are annualized to reflect compound growth (CAGR)

FOXA vs. IYW - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
FOXA Fox Corporation	-9.66%	51.83%	66.31%	-0.83%	-16.61%	28.24%	-20.22%	-1.15%
IYW iShares U.S. Technology ETF	30.23%	25.38%	30.25%	65.44%	-34.83%	35.44%	47.45%	25.32%

Correlation

The correlation between FOXA and IYW is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.12
Correlation (3Y) Calculated over the trailing 3-year period	0.16
Correlation (5Y) Calculated over the trailing 5-year period	0.30
Correlation (All Time) Calculated using the full available price history since Mar 13, 2019	0.30

The correlation between FOXA and IYW shifts across timeframes, from 0.12 (1 year) to 0.30 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

FOXA vs. IYW — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FOXA

FOXA Risk / Return Rank: 58
FOXA Sharpe Ratio Rank: 63
FOXA Sortino Ratio Rank: 58
FOXA Omega Ratio Rank: 56
FOXA Calmar Ratio Rank: 56
FOXA Martin Ratio Rank: 58

IYW

IYW Risk / Return Rank: 79
IYW Sharpe Ratio Rank: 90
IYW Sortino Ratio Rank: 85
IYW Omega Ratio Rank: 83
IYW Calmar Ratio Rank: 72
IYW Martin Ratio Rank: 65

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.

FOXA vs. IYW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fox Corporation (FOXA) 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.

	FOXA	IYW	Difference
Sharpe ratio Return per unit of total volatility	0.72	3.16	-2.44
Sortino ratio Return per unit of downside risk	1.18	3.87	-2.69
Omega ratio Gain probability vs. loss probability	1.15	1.51	-0.36
Calmar ratio Return relative to maximum drawdown	0.72	3.62	-2.91
Martin ratio Return relative to average drawdown	1.78	11.88	-10.10
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FOXA vs. IYW - Sharpe Ratio Comparison

The current FOXA Sharpe Ratio is 0.72, which is lower than the IYW Sharpe Ratio of 3.16. The chart below compares the historical Sharpe Ratios of FOXA 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.

Sharpe Ratios by Period

	FOXA	IYW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.72	3.16	-2.44
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.52	0.92	-0.40
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	1.05	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.29	0.36	-0.06

Drawdowns

FOXA vs. IYW - Drawdown Comparison

The maximum FOXA drawdown since its inception was -50.56%, smaller than the maximum IYW drawdown of -81.90%. Use the drawdown chart below to compare losses from any high point for FOXA and IYW.

Drawdown Indicators

	FOXA	IYW	Difference
Max Drawdown Largest peak-to-trough decline	-50.56%	-81.90%	+31.34%
Max Drawdown (1Y) Largest decline over 1 year	-28.89%	-17.81%	-11.08%
Max Drawdown (3Y) Largest decline over 3 years	-28.89%	-26.47%	-2.42%
Max Drawdown (5Y) Largest decline over 5 years	-35.14%	-39.44%	+4.30%
Max Drawdown (10Y) Largest decline over 10 years	—	-39.44%	—
Current Drawdown Current decline from peak	-13.27%	0.00%	-13.27%
Average Drawdown Average peak-to-trough decline	-17.56%	-34.66%	+17.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.65%	5.43%	+6.22%

Volatility

FOXA vs. IYW - Volatility Comparison

Fox Corporation (FOXA) has a higher volatility of 10.60% compared to iShares U.S. Technology ETF (IYW) at 6.11%. This indicates that FOXA'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.

Volatility by Period

	FOXA	IYW	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.60%	6.11%	+4.49%
Volatility (6M) Calculated over the trailing 6-month period	20.58%	15.81%	+4.77%
Volatility (1Y) Calculated over the trailing 1-year period	28.27%	20.07%	+8.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.96%	25.87%	+1.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.06%	25.10%	+6.96%

Dividends

FOXA vs. IYW - Dividend Comparison

FOXA's dividend yield for the trailing twelve months is around 0.85%, more than IYW's 0.10% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FOXA Fox Corporation	0.85%	0.75%	1.09%	1.72%	1.61%	1.27%	1.58%	1.24%	0.00%	0.00%	0.00%	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

Can I hold both FOXA and IYW in my portfolio?

FOXA and IYW have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FOXA or IYW?

FOXA has higher volatility (10.60%) compared to IYW (6.11%). In terms of maximum drawdown, FOXA dropped -50.56% vs IYW's -81.90%.

Which has better risk-adjusted returns?

IYW currently has the higher Sharpe Ratio (3.16 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.