IEDI vs. IYK
Compare and contrast key facts about iShares Evolved U.S. Discretionary Spending ETF (IEDI) and iShares U.S. Consumer Goods ETF (IYK).
IEDI and IYK 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. IYK is a passively managed fund by iShares that tracks the performance of the Dow Jones U.S. Consumer Goods Index. It was launched on Jun 12, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IEDI or IYK.
Key characteristics
| IEDI | IYK | |
|---|---|---|
| YTD Return | 22.34% | 9.52% |
| 1Y Return | 38.20% | 14.26% |
| 3Y Return (Ann) | 5.34% | 5.68% |
| 5Y Return (Ann) | 13.72% | 12.64% |
| Sharpe Ratio | 2.89 | 1.33 |
| Sortino Ratio | 3.98 | 1.96 |
| Omega Ratio | 1.50 | 1.23 |
| Calmar Ratio | 2.22 | 1.38 |
| Martin Ratio | 13.05 | 6.76 |
| Ulcer Index | 2.83% | 2.02% |
| Daily Std Dev | 12.78% | 10.28% |
| Max Drawdown | -30.60% | -42.64% |
| Current Drawdown | 0.00% | -3.96% |
Correlation
The correlation between IEDI and IYK is 0.58, 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
IEDI vs. IYK - Performance Comparison
In the year-to-date period, IEDI achieves a 22.34% return, which is significantly higher than IYK's 9.52% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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IEDI vs. IYK - Expense Ratio Comparison
IEDI has a 0.18% expense ratio, which is lower than IYK's 0.42% expense ratio.
Risk-Adjusted Performance
IEDI vs. IYK - Risk-Adjusted Performance 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.
Dividends
IEDI vs. IYK - Dividend Comparison
IEDI's dividend yield for the trailing twelve months is around 1.02%, less than IYK's 2.53% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IEDI iShares Evolved U.S. Discretionary Spending ETF | 1.02% | 1.13% | 3.04% | 0.70% | 0.83% | 1.58% | 1.57% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IYK iShares U.S. Consumer Goods ETF | 2.53% | 2.74% | 2.16% | 1.49% | 1.42% | 2.21% | 2.81% | 1.74% | 2.63% | 2.11% | 1.82% | 1.84% |
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. For additional features, visit the drawdowns tool.
Volatility
IEDI vs. IYK - Volatility Comparison
iShares Evolved U.S. Discretionary Spending ETF (IEDI) has a higher volatility of 2.99% compared to iShares U.S. Consumer Goods ETF (IYK) at 2.74%. This indicates that IEDI's price experiences larger fluctuations and is considered to be riskier than IYK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.