IEDI vs. IYC

Last updated Apr 1, 2026

Compare and contrast key facts about iShares Evolved U.S. Discretionary Spending ETF (IEDI) and iShares U.S. Consumer Discretionary ETF (IYC).

IEDI and IYC are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IEDI is an actively managed fund by iShares. It was launched on Mar 21, 2018. IYC is a passively managed fund by iShares that tracks the performance of the Dow Jones U.S. Consumer Services Index. It was launched on Jun 28, 2000.

Performance

IEDI vs. IYC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Evolved U.S. Discretionary Spending ETF (IEDI) and iShares U.S. Consumer Discretionary ETF (IYC). The values are adjusted to include any dividend payments, if applicable.

IEDI vs. IYC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
IEDI iShares Evolved U.S. Discretionary Spending ETF	-1.55%	4.05%	22.11%	24.32%	-23.17%	21.19%	29.83%	31.07%	0.71%
IYC iShares U.S. Consumer Discretionary ETF	-5.90%	7.85%	27.54%	34.03%	-31.78%	19.65%	24.58%	27.36%	1.12%

Returns By Period

In the year-to-date period, IEDI achieves a -1.55% return, which is significantly higher than IYC's -5.90% return.

IEDI

• 1D: 1.94%
• 1M: -6.33%
• YTD: -1.55%
• 6M: -3.49%
• 1Y: 6.91%
• 3Y*: 13.88%
• 5Y*: 6.69%
• 10Y*: —

IYC

• 1D: 2.72%
• 1M: -5.94%
• YTD: -5.90%
• 6M: -7.30%
• 1Y: 10.29%
• 3Y*: 15.09%
• 5Y*: 5.66%
• 10Y*: 11.03%

*Multi-year figures are annualized to reflect compound growth (CAGR)

IEDI vs. IYC - Expense Ratio Comparison

IEDI has a 0.18% expense ratio, which is lower than IYC's 0.38% expense ratio.

IYC

iShares U.S. Consumer Discretionary ETF

IEDI

iShares Evolved U.S. Discretionary Spending ETF

Return for Risk

IEDI vs. IYC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IEDI

IEDI Risk / Return Rank: 28
IEDI Sharpe Ratio Rank: 25
IEDI Sortino Ratio Rank: 27
IEDI Omega Ratio Rank: 25
IEDI Calmar Ratio Rank: 33
IEDI Martin Ratio Rank: 29

IYC

IYC Risk / Return Rank: 32
IYC Sharpe Ratio Rank: 29
IYC Sortino Ratio Rank: 33
IYC Omega Ratio Rank: 30
IYC Calmar Ratio Rank: 35
IYC Martin Ratio Rank: 33

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

IEDI vs. IYC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Evolved U.S. Discretionary Spending ETF (IEDI) and iShares U.S. Consumer Discretionary ETF (IYC). 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.

	IEDI	IYC	Difference
Sharpe ratio Return per unit of total volatility	0.41	0.51	-0.11
Sortino ratio Return per unit of downside risk	0.75	0.91	-0.16
Omega ratio Gain probability vs. loss probability	1.09	1.12	-0.03
Calmar ratio Return relative to maximum drawdown	0.79	0.85	-0.06
Martin ratio Return relative to average drawdown	2.35	2.85	-0.50
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IEDI vs. IYC - Sharpe Ratio Comparison

The current IEDI Sharpe Ratio is 0.41, which is comparable to the IYC Sharpe Ratio of 0.51. The chart below compares the historical Sharpe Ratios of IEDI and IYC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	IEDI	IYC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.41	0.51	-0.11
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.37	0.28	+0.10
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.56	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.62	0.41	+0.20

Correlation

The correlation between IEDI and IYC is 0.89, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

IEDI vs. IYC - Dividend Comparison

IEDI's dividend yield for the trailing twelve months is around 0.98%, more than IYC's 0.53% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IEDI iShares Evolved U.S. Discretionary Spending ETF	0.98%	0.95%	0.90%	1.13%	3.38%	0.70%	0.83%	2.07%	1.57%	0.00%	0.00%	0.00%
IYC iShares U.S. Consumer Discretionary ETF	0.53%	0.51%	0.47%	0.68%	0.68%	0.39%	0.65%	0.89%	0.90%	0.92%	1.10%	1.03%

Drawdowns

IEDI vs. IYC - Drawdown Comparison

The maximum IEDI drawdown since its inception was -30.60%, smaller than the maximum IYC drawdown of -53.10%. Use the drawdown chart below to compare losses from any high point for IEDI and IYC.

Drawdown Indicators

	IEDI	IYC	Difference
Max Drawdown Largest peak-to-trough decline	-30.60%	-53.10%	+22.50%
Max Drawdown (1Y) Largest decline over 1 year	-10.57%	-12.49%	+1.92%
Max Drawdown (5Y) Largest decline over 5 years	-29.79%	-35.90%	+6.11%
Max Drawdown (10Y) Largest decline over 10 years	—	-35.90%	—
Current Drawdown Current decline from peak	-7.31%	-9.46%	+2.15%
Average Drawdown Average peak-to-trough decline	-6.98%	-9.99%	+3.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.57%	3.74%	-0.17%

Volatility

IEDI vs. IYC - Volatility Comparison

The current volatility for iShares Evolved U.S. Discretionary Spending ETF (IEDI) is 4.85%, while iShares U.S. Consumer Discretionary ETF (IYC) has a volatility of 5.84%. This indicates that IEDI experiences smaller price fluctuations and is considered to be less risky than IYC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IEDI	IYC	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.85%	5.84%	-0.99%
Volatility (6M) Calculated over the trailing 6-month period	9.84%	10.80%	-0.96%
Volatility (1Y) Calculated over the trailing 1-year period	17.06%	20.10%	-3.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.15%	20.68%	-2.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.52%	19.86%	-0.34%