ICF vs. SLYV
ICF (iShares Cohen & Steers REIT ETF) and SLYV (SPDR S&P 600 Small Cap Value ETF) are both exchange-traded funds - ICF is a REIT fund tracking the Cohen & Steers Realty Majors Index, while SLYV is a Small Cap Value Equities fund tracking the S&P SmallCap 600 Value Index. Both are passively managed. Over the past 10 years, ICF returned 5.99%/yr vs 10.65%/yr for SLYV. A 0.60 correlation means they provide meaningful diversification when combined. ICF charges 0.34%/yr vs 0.15%/yr for SLYV.
Performance
ICF vs. SLYV - Performance Comparison
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Returns By Period
In the year-to-date period, ICF achieves a 16.93% return, which is significantly lower than SLYV's 19.47% return. Over the past 10 years, ICF has underperformed SLYV with an annualized return of 5.99%, while SLYV has yielded a comparatively higher 10.65% annualized return.
ICF
- 1D
- 0.96%
- 1M
- 3.62%
- YTD
- 16.93%
- 6M
- 17.09%
- 1Y
- 15.91%
- 3Y*
- 11.06%
- 5Y*
- 3.38%
- 10Y*
- 5.99%
SLYV
- 1D
- 1.09%
- 1M
- 6.39%
- YTD
- 19.47%
- 6M
- 16.63%
- 1Y
- 41.92%
- 3Y*
- 14.32%
- 5Y*
- 6.28%
- 10Y*
- 10.65%
ICF vs. SLYV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ICF iShares Cohen & Steers REIT ETF | 16.93% | 1.85% | 5.30% | 10.36% | -26.12% | 44.17% | -5.43% | 25.48% | -2.55% | 4.90% |
SLYV SPDR S&P 600 Small Cap Value ETF | 19.47% | 6.54% | 7.28% | 14.82% | -11.08% | 30.57% | 2.68% | 24.26% | -12.77% | 11.74% |
Correlation
The correlation between ICF and SLYV is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.48 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.58 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.59 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.51 |
Correlation (All Time) Calculated using the full available price history since Feb 2, 2001 | 0.60 |
The correlation between ICF and SLYV shifts across timeframes, from 0.48 (1 year) to 0.60 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
ICF vs. SLYV — Risk / Return Rank
ICF
SLYV
ICF vs. SLYV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Cohen & Steers REIT ETF (ICF) and SPDR S&P 600 Small Cap Value ETF (SLYV). 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.
| ICF | SLYV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.07 | ||
| Sortino ratioReturn per unit of downside risk | -1.55 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.37 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 1.82 | 4.20 | -2.37 |
| Martin ratioReturn relative to average drawdown | 5.18 | 13.96 | -8.78 |
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Drawdowns
ICF vs. SLYV - Drawdown Comparison
The maximum ICF drawdown since its inception was -76.74%, which is greater than SLYV's maximum drawdown of -61.15%. Use the drawdown chart below to compare losses from any high point for ICF and SLYV.
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Drawdown Indicators
| ICF | SLYV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.74% | -61.15% | -15.59% |
Max Drawdown (1Y)Largest decline over 1 year | -8.20% | -9.36% | +1.16% |
Max Drawdown (3Y)Largest decline over 3 years | -17.25% | -28.68% | +11.43% |
Max Drawdown (5Y)Largest decline over 5 years | -34.74% | -28.68% | -6.06% |
Max Drawdown (10Y)Largest decline over 10 years | -40.22% | -47.73% | +7.51% |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -14.16% | -8.93% | -5.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.89% | 2.82% | +0.07% |
Volatility
ICF vs. SLYV - Volatility Comparison
iShares Cohen & Steers REIT ETF (ICF) and SPDR S&P 600 Small Cap Value ETF (SLYV) have volatilities of 4.74% and 4.81%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ICF | SLYV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.74% | 4.81% | -0.07% |
Volatility (6M)Calculated over the trailing 6-month period | 10.33% | 11.59% | -1.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.94% | 18.31% | -4.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.95% | 21.97% | -3.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.60% | 23.96% | -3.36% |
ICF vs. SLYV - Expense Ratio Comparison
ICF has a 0.34% expense ratio, which is higher than SLYV's 0.15% expense ratio.
Dividends
ICF vs. SLYV - Dividend Comparison
ICF's dividend yield for the trailing twelve months is around 2.38%, more than SLYV's 1.75% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ICF iShares Cohen & Steers REIT ETF | 2.38% | 2.88% | 2.66% | 2.76% | 2.64% | 1.82% | 2.38% | 2.55% | 3.20% | 3.10% | 4.21% | 3.30% |
SLYV SPDR S&P 600 Small Cap Value ETF | 1.75% | 2.02% | 2.30% | 2.11% | 1.47% | 1.94% | 1.40% | 1.67% | 2.14% | 5.53% | 2.18% | 6.55% |
Frequently Asked Questions
ICF and SLYV have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SLYV has higher volatility (4.81%) compared to ICF (4.74%). In terms of maximum drawdown, ICF dropped -76.74% vs SLYV's -61.15%.
On 10-year performance, SLYV leads with 10.65% vs 5.99% for ICF. On fees, SLYV is cheaper at 0.15% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, SLYV has performed better with a 10.65% return vs 5.99%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SLYV is cheaper with a 0.15% expense ratio, compared with 0.34% for ICF.
ICF has the higher dividend yield at 2.38%, compared with 1.75% for SLYV.
ICF is categorized as REIT, while SLYV is Small Cap Value Equities. ICF tracks Cohen & Steers Realty Majors Index, while SLYV tracks S&P SmallCap 600 Value Index. They also come from different issuers: iShares and State Street. Their fees differ too: 0.34% for ICF and 0.15% for SLYV.
SLYV currently has the higher Sharpe Ratio (2.15 vs 1.07), 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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