IDRV vs. IYW
IDRV (iShares Self-Driving EV and Tech ETF) and IYW (iShares U.S. Technology ETF) are both Technology Equities funds from iShares - IDRV tracks the NYSE FactSet Global Autonomous Driving and Electric Vehicle Index while IYW tracks the Russell 1000 Technology RIC 22.5/45 Capped Index. Both are passively managed. Over the past 5 years, IDRV returned -0.25%/yr vs 22.87%/yr for IYW. A 0.70 correlation means they provide meaningful diversification when combined. IDRV charges 0.48%/yr vs 0.38%/yr for IYW.
Performance
IDRV vs. IYW - Performance Comparison
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Returns By Period
In the year-to-date period, IDRV achieves a 17.17% return, which is significantly lower than IYW's 29.03% return.
IDRV
- 1D
- -2.29%
- 1M
- 3.06%
- YTD
- 17.17%
- 6M
- 18.17%
- 1Y
- 49.83%
- 3Y*
- 7.75%
- 5Y*
- -0.25%
- 10Y*
- —
IYW
- 1D
- -0.92%
- 1M
- 16.53%
- YTD
- 29.03%
- 6M
- 28.22%
- 1Y
- 59.52%
- 3Y*
- 35.24%
- 5Y*
- 22.87%
- 10Y*
- 26.11%
IDRV vs. IYW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
IDRV iShares Self-Driving EV and Tech ETF | 17.17% | 32.24% | -16.05% | 7.83% | -36.37% | 26.99% | 59.46% | 7.24% |
IYW iShares U.S. Technology ETF | 29.03% | 25.38% | 30.25% | 65.44% | -34.83% | 35.44% | 47.45% | 16.44% |
Correlation
The correlation between IDRV and IYW is 0.59, 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 | 0.59 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.53 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.67 |
Correlation (All Time) Calculated using the full available price history since Apr 22, 2019 | 0.70 |
The correlation between IDRV and IYW shifts across timeframes, from 0.53 (3 years) to 0.70 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
IDRV vs. IYW — Risk / Return Rank
IDRV
IYW
IDRV vs. IYW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Self-Driving EV and Tech ETF (IDRV) and iShares U.S. Technology ETF (IYW). 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.
| IDRV | IYW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.96 | ||
| Sortino ratioReturn per unit of downside risk | -1.08 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.48 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | 3.97 | 3.36 | +0.61 |
| Martin ratioReturn relative to average drawdown | 13.15 | 11.00 | +2.16 |
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
| IDRV | IYW | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.02 | 2.98 | -0.96 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.01 | 0.89 | -0.90 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 1.04 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.35 | 0.35 | -0.01 |
Drawdowns
IDRV vs. IYW - Drawdown Comparison
The maximum IDRV drawdown since its inception was -53.00%, smaller than the maximum IYW drawdown of -81.90%. Use the drawdown chart below to compare losses from any high point for IDRV and IYW.
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Drawdown Indicators
| IDRV | IYW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.00% | -81.90% | +28.90% |
Max Drawdown (1Y)Largest decline over 1 year | -12.62% | -17.81% | +5.19% |
Max Drawdown (3Y)Largest decline over 3 years | -44.00% | -26.47% | -17.53% |
Max Drawdown (5Y)Largest decline over 5 years | -53.00% | -39.44% | -13.56% |
Max Drawdown (10Y)Largest decline over 10 years | — | -39.44% | — |
Current DrawdownCurrent decline from peak | -13.79% | -0.92% | -12.87% |
Average DrawdownAverage peak-to-trough decline | -22.38% | -34.66% | +12.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.80% | 5.43% | -1.63% |
Volatility
IDRV vs. IYW - Volatility Comparison
iShares Self-Driving EV and Tech ETF (IDRV) has a higher volatility of 9.41% compared to iShares U.S. Technology ETF (IYW) at 6.30%. This indicates that IDRV's price experiences larger fluctuations and is considered to be riskier than IYW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IDRV | IYW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.41% | 6.30% | +3.11% |
Volatility (6M)Calculated over the trailing 6-month period | 18.86% | 15.85% | +3.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.81% | 20.09% | +4.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.70% | 25.87% | +1.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.09% | 25.09% | +3.00% |
IDRV vs. IYW - Expense Ratio Comparison
IDRV has a 0.48% expense ratio, which is higher than IYW's 0.38% expense ratio.
Dividends
IDRV vs. IYW - Dividend Comparison
IDRV's dividend yield for the trailing twelve months is around 1.45%, more than IYW's 0.11% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IDRV iShares Self-Driving EV and Tech ETF | 1.45% | 1.70% | 2.68% | 2.17% | 2.29% | 1.12% | 0.69% | 1.29% | 0.00% | 0.00% | 0.00% | 0.00% |
IYW iShares U.S. Technology ETF | 0.11% | 0.14% | 0.21% | 0.34% | 0.50% | 0.31% | 0.56% | 0.72% | 0.92% | 0.82% | 1.14% | 1.12% |
Frequently Asked Questions
IDRV and IYW have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IDRV has higher volatility (9.41%) compared to IYW (6.30%). In terms of maximum drawdown, IDRV dropped -53.00% vs IYW's -81.90%.
On 5-year performance, IYW leads with 22.87% vs -0.25% for IDRV. On fees, IYW is cheaper at 0.38% per year. On volatility, IYW has been the lower-risk option at 6.30%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, IYW has performed better with a 22.87% return vs -0.25%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IYW is cheaper with a 0.38% expense ratio, compared with 0.48% for IDRV.
IDRV has the higher dividend yield at 1.45%, compared with 0.11% for IYW.
IDRV tracks NYSE FactSet Global Autonomous Driving and Electric Vehicle Index, while IYW tracks Russell 1000 Technology RIC 22.5/45 Capped Index. Their fees differ too: 0.48% for IDRV and 0.38% for IYW.
IYW currently has the higher Sharpe Ratio (2.98 vs 2.02), 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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