IDA vs. IWB
Compare and contrast key facts about IDACORP, Inc. (IDA) and iShares Russell 1000 ETF (IWB).
IWB is a passively managed fund by iShares that tracks the performance of the Russell 1000 Index. It was launched on May 15, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IDA or IWB.
Correlation
The correlation between IDA and IWB is 0.45, 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.
Performance
IDA vs. IWB - Performance Comparison
Key characteristics
IDA:
1.91
IWB:
1.71
IDA:
2.72
IWB:
2.30
IDA:
1.34
IWB:
1.31
IDA:
1.49
IWB:
2.61
IDA:
7.58
IWB:
10.51
IDA:
4.30%
IWB:
2.09%
IDA:
16.98%
IWB:
12.90%
IDA:
-54.01%
IWB:
-55.38%
IDA:
-3.25%
IWB:
-2.31%
Returns By Period
In the year-to-date period, IDA achieves a 5.32% return, which is significantly higher than IWB's 2.35% return. Over the past 10 years, IDA has underperformed IWB with an annualized return of 9.03%, while IWB has yielded a comparatively higher 12.64% annualized return.
IDA
5.32%
6.87%
13.75%
31.98%
3.53%
9.03%
IWB
2.35%
-1.38%
7.70%
19.49%
13.83%
12.64%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
IDA vs. IWB — Risk-Adjusted Performance Rank
IDA
IWB
IDA vs. IWB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for IDACORP, Inc. (IDA) and iShares Russell 1000 ETF (IWB). 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
IDA vs. IWB - Dividend Comparison
IDA's dividend yield for the trailing twelve months is around 2.96%, more than IWB's 1.12% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IDA IDACORP, Inc. | 2.96% | 3.07% | 3.25% | 2.82% | 2.54% | 2.83% | 2.40% | 2.58% | 2.45% | 2.58% | 2.82% | 2.66% |
IWB iShares Russell 1000 ETF | 1.12% | 1.14% | 1.31% | 1.56% | 1.09% | 1.37% | 1.71% | 2.06% | 1.64% | 1.89% | 1.95% | 1.71% |
Drawdowns
IDA vs. IWB - Drawdown Comparison
The maximum IDA drawdown since its inception was -54.01%, roughly equal to the maximum IWB drawdown of -55.38%. Use the drawdown chart below to compare losses from any high point for IDA and IWB. For additional features, visit the drawdowns tool.
Volatility
IDA vs. IWB - Volatility Comparison
IDACORP, Inc. (IDA) and iShares Russell 1000 ETF (IWB) have volatilities of 3.35% and 3.36%, 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.