IEDI vs. IYK

Last updated Jun 23, 2026

IEDI (iShares Evolved U.S. Discretionary Spending ETF) and IYK (iShares U.S. Consumer Goods ETF) are both exchange-traded funds - IEDI is a Consumer Discretionary Equities fund actively managed by iShares, while IYK is a Consumer Staples Equities fund tracking the Dow Jones U.S. Consumer Goods Index. IEDI is actively managed, while IYK is passively managed. Over the past 5 years, IEDI returned 5.92%/yr vs 6.13%/yr for IYK. A 0.54 correlation means they provide meaningful diversification when combined. IEDI charges 0.18%/yr vs 0.42%/yr for IYK.

Performance

IEDI vs. IYK - 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 Goods ETF (IYK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IEDI achieves a -0.52% return, which is significantly lower than IYK's 7.31% return.

IEDI

• 1D: -1.30%
• 1M: -0.83%
• YTD: -0.52%
• 6M: -1.52%
• 1Y: 3.72%
• 3Y*: 12.66%
• 5Y*: 5.92%
• 10Y*: —

IYK

• 1D: -0.68%
• 1M: -1.92%
• YTD: 7.31%
• 6M: 7.00%
• 1Y: 4.22%
• 3Y*: 5.03%
• 5Y*: 6.13%
• 10Y*: 9.22%

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

IEDI vs. IYK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
IEDI iShares Evolved U.S. Discretionary Spending ETF	-0.52%	4.05%	22.11%	24.32%	-23.17%	21.19%	29.83%	31.07%	0.42%
IYK iShares U.S. Consumer Goods ETF	7.31%	4.78%	5.27%	-2.84%	3.57%	17.32%	32.65%	28.12%	-7.23%

Correlation

The correlation between IEDI and IYK is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.36
Correlation (3Y) Calculated over the trailing 3-year period	0.38
Correlation (5Y) Calculated over the trailing 5-year period	0.44
Correlation (All Time) Calculated using the full available price history since Mar 23, 2018	0.54

The correlation between IEDI and IYK shifts across timeframes, from 0.36 (1 year) to 0.54 (all time), reflecting how their relationship changes across market environments.

IEDI vs. IYK - Sectors Allocation Comparison

Sectors	IEDI	IYK
Consumer Cyclical	63.0%	1.4%
Consumer Defensive	23.9%	85.2%
Industrials	3.6%	0.1%
Communication Services	3.1%	-
Technology	2.9%	-
Financial Services	1.9%	-
Real Estate	0.5%	-
Healthcare	0.2%	10.7%
Energy	0.1%	-
Basic Materials	-	2.6%
Utilities	-	-

Return for Risk

IEDI vs. IYK — Risk / Return Rank

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

IEDI

IEDI Risk / Return Rank: 12
IEDI Sharpe Ratio Rank: 12
IEDI Sortino Ratio Rank: 11
IEDI Omega Ratio Rank: 11
IEDI Calmar Ratio Rank: 13
IEDI Martin Ratio Rank: 13

IYK

IYK Risk / Return Rank: 12
IYK Sharpe Ratio Rank: 13
IYK Sortino Ratio Rank: 12
IYK Omega Ratio Rank: 12
IYK Calmar Ratio Rank: 13
IYK Martin Ratio Rank: 12

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. IYK - 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 Goods ETF (IYK). 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.

	IEDI	IYK	Difference
Sharpe ratio: Return per unit of total volatility	0.27	0.33	-0.06
Sortino ratio: Return per unit of downside risk	0.50	0.56	-0.06
Omega ratio: Gain probability vs. loss probability	1.06	1.06	-0.01
Calmar ratio: Return relative to maximum drawdown	0.40	0.40	0.00
Martin ratio: Return relative to average drawdown	0.92	0.81	+0.11

IEDI vs. IYK - Sharpe Ratio Comparison

The current IEDI Sharpe Ratio is 0.27, which is comparable to the IYK Sharpe Ratio of 0.33. The chart below compares the historical Sharpe Ratios of IEDI and IYK, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

IEDI vs. IYK - Drawdown Comparison

The maximum IEDI drawdown since its inception was -30.60%, smaller than the maximum IYK drawdown of -42.64%. Use the drawdown chart below to compare losses from any high point for IEDI and IYK.

Drawdown Indicators

	IEDI	IYK	Difference
Max Drawdown Largest peak-to-trough decline	-30.60%	-42.64%	+12.04%
Max Drawdown (1Y) Largest decline over 1 year	-9.44%	-10.68%	+1.24%
Max Drawdown (3Y) Largest decline over 3 years	-18.64%	-12.14%	-6.50%
Max Drawdown (5Y) Largest decline over 5 years	-29.79%	-15.05%	-14.74%
Max Drawdown (10Y) Largest decline over 10 years	—	-33.19%	—
Current Drawdown Current decline from peak	-6.34%	-7.50%	+1.16%
Average Drawdown Average peak-to-trough decline	-6.92%	-5.07%	-1.85%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.03%	5.20%	-1.17%

Volatility

IEDI vs. IYK - Volatility Comparison

The current volatility for iShares Evolved U.S. Discretionary Spending ETF (IEDI) is 4.35%, while iShares U.S. Consumer Goods ETF (IYK) has a volatility of 5.09%. This indicates that IEDI experiences smaller price fluctuations and is considered to be less risky than IYK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IEDI	IYK	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.35%	5.09%	-0.74%
Volatility (6M) Calculated over the trailing 6-month period	10.60%	9.91%	+0.69%
Volatility (1Y) Calculated over the trailing 1-year period	13.69%	12.69%	+1.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.26%	13.07%	+5.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.43%	15.55%	+3.88%

IEDI vs. IYK - Expense Ratio Comparison

IEDI has a 0.18% expense ratio, which is lower than IYK's 0.42% expense ratio.

Dividends

IEDI vs. IYK - Dividend Comparison

IEDI's dividend yield for the trailing twelve months is around 0.96%, less than IYK's 2.67% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IEDI iShares Evolved U.S. Discretionary Spending ETF	0.96%	0.95%	0.90%	1.13%	3.38%	0.70%	0.83%	2.07%	1.57%	0.00%	0.00%	0.00%
IYK iShares U.S. Consumer Goods ETF	2.67%	2.75%	2.63%	2.74%	2.16%	1.49%	1.42%	2.21%	2.81%	1.74%	2.63%	2.11%

Frequently Asked Questions

Can I hold both IEDI and IYK in my portfolio?

IEDI and IYK have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IEDI or IYK?

IYK has higher volatility (5.09%) compared to IEDI (4.35%). In terms of maximum drawdown, IEDI dropped -30.60% vs IYK's -42.64%.

Which ETF is better, IEDI or IYK?

On 5-year performance, IYK leads with 6.13% vs 5.92% for IEDI. On fees, IEDI is cheaper at 0.18% per year. On volatility, IEDI has been the lower-risk option at 4.35%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IEDI or IYK?

Over the 5-year period, IYK has performed better with a 6.13% return vs 5.92%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IEDI or IYK?

IEDI is cheaper with a 0.18% expense ratio, compared with 0.42% for IYK.

Which ETF pays a higher dividend yield, IEDI or IYK?

IYK has the higher dividend yield at 2.67%, compared with 0.96% for IEDI.

What is the main difference between IEDI and IYK?

IEDI is categorized as Consumer Discretionary Equities, while IYK is Consumer Staples Equities. Their fees differ too: 0.18% for IEDI and 0.42% for IYK.

Which has better risk-adjusted returns?

IYK currently has the higher Sharpe Ratio (0.33 vs 0.27), 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.