HOOD vs. IGV
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 98.15%/yr vs 9.01%/yr for IGV. A 0.57 correlation means they provide meaningful diversification when combined.
Performance
HOOD vs. IGV - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with HOOD having a -12.22% return and IGV slightly higher at -12.01%.
HOOD
- 1D
- -0.68%
- 1M
- -8.20%
- 6M
- -8.70%
- YTD
- -12.22%
- 1Y
- -9.53%
- 3Y*
- 98.15%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 21.29%
IGV
- 1D
- 0.19%
- 1M
- 4.37%
- 6M
- -5.40%
- YTD
- -12.01%
- 1Y
- -16.26%
- 3Y*
- 9.01%
- 5Y*
- 3.20%
- 10Y*
- 15.60%
- ALL TIME*
- 9.30%
HOOD vs. IGV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
HOOD Robinhood Markets, Inc. | -12.22% | 203.54% | 192.46% | 56.51% | -54.17% | -53.26% |
IGV iShares Expanded Tech-Software Sector ETF | -12.01% | 5.56% | 23.41% | 58.56% | -35.65% | -1.64% |
Correlation
The correlation between HOOD and IGV is 0.54, 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 | 0.54 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.54 |
Correlation (All Time) Calculated using the full available price history since Jul 29, 2021 | 0.57 |
The correlation between HOOD and IGV has been stable across timeframes, ranging from 0.54 to 0.57 - a consistent structural relationship.
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Return for Risk
HOOD vs. IGV — Risk / Return Rank
HOOD
IGV
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.
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.
| HOOD | IGV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.43 | ||
| Sortino ratioReturn per unit of downside risk | +0.95 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 0.92 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | -0.17 | -0.45 | +0.28 |
| Martin ratioReturn relative to average drawdown | -0.29 | -0.86 | +0.57 |
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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.
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Drawdown Indicators
| HOOD | IGV | Difference | |
|---|---|---|---|
Max DrawdownLargest 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 DrawdownCurrent decline from peak | -34.88% | -21.05% | -13.83% |
Average DrawdownAverage peak-to-trough decline | -60.27% | -14.48% | -45.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 33.07% | 18.89% | +14.18% |
Volatility
HOOD vs. IGV - Volatility Comparison
Robinhood Markets, Inc. (HOOD) has a higher volatility of 19.39% compared to iShares Expanded Tech-Software Sector ETF (IGV) at 7.17%. 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.
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Volatility by Period
| HOOD | IGV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.39% | 7.17% | +12.22% |
Volatility (6M)Calculated over the trailing 6-month period | 52.44% | 25.18% | +27.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 69.79% | 28.69% | +41.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 73.98% | 28.08% | +45.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 73.98% | 26.41% | +47.57% |
Dividends
HOOD vs. IGV - Dividend Comparison
HOOD has not paid dividends to shareholders, while IGV's dividend yield for the trailing twelve months is around 0.02%.
| 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 | 0.02% | 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
HOOD and IGV have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HOOD has higher volatility (19.39%) compared to IGV (7.17%). In terms of maximum drawdown, HOOD dropped -90.21% vs IGV's -63.45%.
HOOD currently has the higher Sharpe Ratio (-0.14 vs -0.57), 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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