IBLC vs. IWY
Compare and contrast key facts about iShares Blockchain and Tech ETF (IBLC) and iShares Russell Top 200 Growth ETF (IWY).
IBLC and IWY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IBLC is a passively managed fund by iShares that tracks the performance of the ICE FactSet Global Blockchain Technologies Index. It was launched on Apr 25, 2022. IWY is a passively managed fund by iShares that tracks the performance of the Russell Top 200 Growth Index. It was launched on Sep 22, 2009. Both IBLC and IWY 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: IBLC or IWY.
Performance
IBLC vs. IWY - Performance Comparison
Returns By Period
In the year-to-date period, IBLC achieves a 39.06% return, which is significantly higher than IWY's 31.12% return.
IBLC
39.06%
20.49%
43.13%
125.26%
N/A
N/A
IWY
31.12%
2.28%
13.88%
36.04%
20.93%
17.53%
Key characteristics
| IBLC | IWY | |
|---|---|---|
| Sharpe Ratio | 1.96 | 2.16 |
| Sortino Ratio | 2.63 | 2.80 |
| Omega Ratio | 1.30 | 1.39 |
| Calmar Ratio | 3.60 | 2.71 |
| Martin Ratio | 6.77 | 10.27 |
| Ulcer Index | 20.22% | 3.65% |
| Daily Std Dev | 69.90% | 17.34% |
| Max Drawdown | -62.54% | -32.68% |
| Current Drawdown | -8.96% | -1.46% |
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IBLC vs. IWY - Expense Ratio Comparison
IBLC has a 0.47% expense ratio, which is higher than IWY's 0.20% expense ratio.
Correlation
The correlation between IBLC and IWY is 0.60, 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.
Risk-Adjusted Performance
IBLC vs. IWY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Blockchain and Tech ETF (IBLC) and iShares Russell Top 200 Growth ETF (IWY). 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
IBLC vs. IWY - Dividend Comparison
IBLC's dividend yield for the trailing twelve months is around 1.00%, more than IWY's 0.49% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IBLC iShares Blockchain and Tech ETF | 1.00% | 1.79% | 0.84% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IWY iShares Russell Top 200 Growth ETF | 0.49% | 0.68% | 0.88% | 0.50% | 0.71% | 1.06% | 1.32% | 1.26% | 1.51% | 1.58% | 1.44% | 1.56% |
Drawdowns
IBLC vs. IWY - Drawdown Comparison
The maximum IBLC drawdown since its inception was -62.54%, which is greater than IWY's maximum drawdown of -32.68%. Use the drawdown chart below to compare losses from any high point for IBLC and IWY. For additional features, visit the drawdowns tool.
Volatility
IBLC vs. IWY - Volatility Comparison
iShares Blockchain and Tech ETF (IBLC) has a higher volatility of 27.68% compared to iShares Russell Top 200 Growth ETF (IWY) at 5.76%. This indicates that IBLC's price experiences larger fluctuations and is considered to be riskier than IWY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.