HOOD vs. IGV

Last updated Jun 9, 2026

HOOD (Robinhood Markets, Inc.) is a stock, while IGV (iShares Expanded Tech-Software Sector ETF) is Technology Equities fund tracking the S&P North American Expanded Technology Software Index. Over the past 3 years, HOOD returned 108.29%/yr vs 13.14%/yr for IGV. A 0.57 correlation means they provide meaningful diversification when combined.

Performance

HOOD vs. IGV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Robinhood Markets, Inc. (HOOD) and iShares Expanded Tech-Software Sector ETF (IGV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HOOD achieves a -24.81% return, which is significantly lower than IGV's -9.50% return.

HOOD

• 1D: 3.12%
• 1M: 10.40%
• YTD: -24.81%
• 6M: -37.67%
• 1Y: 13.57%
• 3Y*: 108.29%
• 5Y*: —
• 10Y*: —

IGV

• 1D: -0.21%
• 1M: 4.94%
• YTD: -9.50%
• 6M: -12.57%
• 1Y: -9.75%
• 3Y*: 13.14%
• 5Y*: 5.60%
• 10Y*: 16.44%

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

HOOD vs. IGV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
HOOD Robinhood Markets, Inc.	-24.81%	203.54%	192.46%	56.51%	-54.17%	-48.99%
IGV iShares Expanded Tech-Software Sector ETF	-9.50%	5.56%	23.41%	58.56%	-35.65%	-1.76%

Correlation

The correlation between HOOD and IGV is 0.52, 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	0.52
Correlation (3Y) Calculated over the trailing 3-year period	0.53
Correlation (All Time) Calculated using the full available price history since Jul 30, 2021	0.57

The correlation between HOOD and IGV has been stable across timeframes, ranging from 0.52 to 0.57 - a consistent structural relationship.

Return for Risk

HOOD vs. IGV — Risk / Return Rank

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

HOOD

HOOD Risk / Return Rank: 49
HOOD Sharpe Ratio Rank: 49
HOOD Sortino Ratio Rank: 51
HOOD Omega Ratio Rank: 48
HOOD Calmar Ratio Rank: 48
HOOD Martin Ratio Rank: 47

IGV

IGV Risk / Return Rank: 7
IGV Sharpe Ratio Rank: 6
IGV Sortino Ratio Rank: 6
IGV Omega Ratio Rank: 6
IGV Calmar Ratio Rank: 7
IGV Martin Ratio Rank: 7

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.

HOOD vs. IGV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Robinhood Markets, Inc. (HOOD) and iShares Expanded Tech-Software Sector ETF (IGV). 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.

	HOOD	IGV	Difference
Sharpe ratio: Return per unit of total volatility	0.20	-0.35	+0.55
Sortino ratio: Return per unit of downside risk	0.80	-0.31	+1.11
Omega ratio: Gain probability vs. loss probability	1.09	0.96	+0.13
Calmar ratio: Return relative to maximum drawdown	0.24	-0.27	+0.51
Martin ratio: Return relative to average drawdown	0.44	-0.56	+1.00
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HOOD vs. IGV - Sharpe Ratio Comparison

The current HOOD Sharpe Ratio is 0.20, which is higher than the IGV Sharpe Ratio of -0.35. The chart below compares the historical Sharpe Ratios of HOOD and IGV, 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

	HOOD	IGV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.20	-0.35	+0.55
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.20	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.63	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.27	0.36	-0.08

Drawdowns

HOOD vs. IGV - Drawdown Comparison

The maximum HOOD drawdown since its inception was -90.21%, which is greater than IGV's maximum drawdown of -63.45%. Use the drawdown chart below to compare losses from any high point for HOOD and IGV.

Drawdown Indicators

	HOOD	IGV	Difference
Max Drawdown Largest peak-to-trough decline	-90.21%	-63.45%	-26.76%
Max Drawdown (1Y) Largest decline over 1 year	-57.26%	-36.61%	-20.65%
Max Drawdown (3Y) Largest decline over 3 years	-57.26%	-36.61%	-20.65%
Max Drawdown (5Y) Largest decline over 5 years	—	-45.85%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-45.85%	—
Current Drawdown Current decline from peak	-44.22%	-18.80%	-25.42%
Average Drawdown Average peak-to-trough decline	-60.95%	-14.45%	-46.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	31.25%	17.33%	+13.92%

Volatility

HOOD vs. IGV - Volatility Comparison

Robinhood Markets, Inc. (HOOD) has a higher volatility of 22.93% compared to iShares Expanded Tech-Software Sector ETF (IGV) at 12.20%. This indicates that HOOD's price experiences larger fluctuations and is considered to be riskier than IGV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HOOD	IGV	Difference
Volatility (1M) Calculated over the trailing 1-month period	22.93%	12.20%	+10.73%
Volatility (6M) Calculated over the trailing 6-month period	50.49%	24.65%	+25.84%
Volatility (1Y) Calculated over the trailing 1-year period	69.17%	27.93%	+41.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	74.04%	27.90%	+46.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	74.04%	26.38%	+47.66%

Dividends

HOOD vs. IGV - Dividend Comparison

Neither HOOD nor IGV has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HOOD Robinhood Markets, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
IGV iShares Expanded Tech-Software Sector ETF	0.00%	0.00%	0.00%	0.01%	0.01%	0.00%	0.35%	0.02%	0.16%	0.09%	0.82%	0.22%

Frequently Asked Questions

Can I hold both HOOD and IGV in my portfolio?

HOOD and IGV have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HOOD or IGV?

HOOD has higher volatility (22.93%) compared to IGV (12.20%). In terms of maximum drawdown, HOOD dropped -90.21% vs IGV's -63.45%.

Which has better risk-adjusted returns?

HOOD currently has the higher Sharpe Ratio (0.20 vs -0.35), 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.