IDA vs. IWB
IDA (IDACORP, Inc.) is a stock, while IWB (iShares Russell 1000 ETF) is Large Cap Blend Equities fund tracking the Russell 1000 Index. Over the past 10 years, IDA returned 9.35%/yr vs 15.17%/yr for IWB. At a 0.44 correlation, their price movements are largely independent.
Performance
IDA vs. IWB - Performance Comparison
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Returns By Period
In the year-to-date period, IDA achieves a 9.37% return, which is significantly lower than IWB's 10.54% return. Over the past 10 years, IDA has underperformed IWB with an annualized return of 9.35%, while IWB has yielded a comparatively higher 15.17% annualized return.
IDA
- 1D
- 0.18%
- 1M
- -6.21%
- YTD
- 9.37%
- 6M
- 8.05%
- 1Y
- 20.22%
- 3Y*
- 12.52%
- 5Y*
- 9.97%
- 10Y*
- 9.35%
IWB
- 1D
- -0.71%
- 1M
- 4.95%
- YTD
- 10.54%
- 6M
- 10.51%
- 1Y
- 27.03%
- 3Y*
- 22.02%
- 5Y*
- 12.99%
- 10Y*
- 15.17%
IDA vs. IWB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IDA IDACORP, Inc. | 9.37% | 19.19% | 14.95% | -5.97% | -2.07% | 21.45% | -7.47% | 17.70% | 4.55% | 16.45% |
IWB iShares Russell 1000 ETF | 10.54% | 17.18% | 24.32% | 26.39% | -19.19% | 26.32% | 20.77% | 31.06% | -4.90% | 21.52% |
Correlation
The correlation between IDA and IWB is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.25 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.28 |
Correlation (All Time) Calculated using the full available price history since May 22, 2000 | 0.44 |
Over the past year, the correlation between IDA and IWB has dropped to 0.14 - well below their long-term average of 0.44, suggesting their price drivers have been diverging.
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Return for Risk
IDA vs. IWB — Risk / Return Rank
IDA
IWB
IDA vs. IWB - Risk-Adjusted Trends 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.
| IDA | IWB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.02 | ||
| Sortino ratioReturn per unit of downside risk | -1.32 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.41 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | 2.31 | 3.06 | -0.76 |
| Martin ratioReturn relative to average drawdown | 5.62 | 14.09 | -8.48 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| IDA | IWB | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.26 | 2.28 | -1.02 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.52 | 0.76 | -0.24 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.43 | 0.84 | -0.41 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.41 | 0.45 | -0.04 |
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.
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Drawdown Indicators
| IDA | IWB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.01% | -55.38% | +1.37% |
Max Drawdown (1Y)Largest decline over 1 year | -8.80% | -8.86% | +0.06% |
Max Drawdown (3Y)Largest decline over 3 years | -15.94% | -19.09% | +3.15% |
Max Drawdown (5Y)Largest decline over 5 years | -21.98% | -25.20% | +3.22% |
Max Drawdown (10Y)Largest decline over 10 years | -34.30% | -34.60% | +0.30% |
Current DrawdownCurrent decline from peak | -7.60% | -0.71% | -6.89% |
Average DrawdownAverage peak-to-trough decline | -11.54% | -10.86% | -0.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.63% | 1.92% | +1.71% |
Volatility
IDA vs. IWB - Volatility Comparison
IDACORP, Inc. (IDA) has a higher volatility of 5.49% compared to iShares Russell 1000 ETF (IWB) at 2.88%. This indicates that IDA's price experiences larger fluctuations and is considered to be riskier than IWB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IDA | IWB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.49% | 2.88% | +2.61% |
Volatility (6M)Calculated over the trailing 6-month period | 13.00% | 8.97% | +4.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.14% | 11.93% | +4.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.19% | 17.10% | +2.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.75% | 18.14% | +3.61% |
Dividends
IDA vs. IWB - Dividend Comparison
IDA's dividend yield for the trailing twelve months is around 2.56%, more than IWB's 0.91% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IDA IDACORP, Inc. | 2.56% | 2.73% | 3.07% | 3.25% | 2.82% | 2.54% | 2.83% | 2.40% | 2.58% | 2.45% | 2.58% | 2.82% |
IWB iShares Russell 1000 ETF | 0.91% | 1.00% | 1.14% | 1.31% | 1.56% | 1.09% | 1.37% | 1.71% | 2.06% | 1.64% | 1.89% | 1.95% |
Frequently Asked Questions
IDA and IWB have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IDA has higher volatility (5.49%) compared to IWB (2.88%). In terms of maximum drawdown, IDA dropped -54.01% vs IWB's -55.38%.
IWB currently has the higher Sharpe Ratio (2.28 vs 1.26), 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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