IEDI vs. RXI

Last updated Aug 2, 2026

IEDI (iShares Evolved U.S. Discretionary Spending ETF) and RXI (iShares Global Consumer Discretionary ETF) are both Consumer Discretionary Equities funds from iShares. IEDI is actively managed, while RXI is passively managed. Over the past 5 years, IEDI returned 5.87%/yr vs 4.61%/yr for RXI. Their correlation of 0.82 means they have usually moved in the same direction. IEDI charges 0.18%/yr vs 0.46%/yr for RXI.

Performance

IEDI vs. RXI - 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 Global Consumer Discretionary ETF (RXI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IEDI achieves a 2.21% return, which is significantly higher than RXI's -1.88% return.

IEDI

• 1D: 0.85%
• 1M: 0.80%
• 6M: -1.37%
• YTD: 2.21%
• 1Y: 3.39%
• 3Y*: 11.75%
• 5Y*: 5.87%
• 10Y*: —
• ALL TIME*: 11.95%

RXI

• 1D: 2.25%
• 1M: 2.64%
• 6M: -2.71%
• YTD: -1.88%
• 1Y: 9.15%
• 3Y*: 9.30%
• 5Y*: 4.61%
• 10Y*: 9.87%
• ALL TIME*: 8.57%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
IEDI iShares Evolved U.S. Discretionary Spending ETF	$107.90K	$120.57K	$143.23K
RXI iShares Global Consumer Discretionary ETF	$5.27M	$3.01M	$2.20M

IEDI vs. RXI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
IEDI iShares Evolved U.S. Discretionary Spending ETF	2.21%	4.05%	22.11%	24.32%	-23.17%	21.19%	29.83%	31.07%	0.42%
RXI iShares Global Consumer Discretionary ETF	-1.88%	13.16%	17.26%	27.57%	-29.08%	16.32%	24.46%	26.78%	-8.40%

Correlation

The correlation between IEDI and RXI is 0.72, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.72
Correlation (3Y) Balances recent behavior with more history.	0.78
Correlation (5Y) Shows whether the relationship held over a longer period.	0.83
Correlation (All Time) Calculated using the full available price history since Mar 23, 2018	0.82

The correlation between IEDI and RXI shifts across timeframes, from 0.72 (1 year) to 0.83 (5 years), reflecting how their relationship changes across market environments.

IEDI vs. RXI - Sectors Allocation Comparison

Sectors	IEDI	RXI
Consumer Cyclical	62.9%	94.9%
Consumer Defensive	23.1%	0.8%
Industrials	4.0%	0.1%
Technology	3.1%	4.1%
Communication Services	2.9%	0.2%
Financial Services	2.2%	-
Real Estate	0.5%	-
Healthcare	0.2%	-
Energy	0.1%	-
Basic Materials	0.1%	-
Utilities	-	-

Return for Risk

IEDI vs. RXI — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

IEDI

IEDI Risk / Return Rank: 15
IEDI Sharpe Ratio Rank: 15
IEDI Sortino Ratio Rank: 14
IEDI Omega Ratio Rank: 14
IEDI Calmar Ratio Rank: 16
IEDI Martin Ratio Rank: 15

RXI

RXI Risk / Return Rank: 21
RXI Sharpe Ratio Rank: 22
RXI Sortino Ratio Rank: 21
RXI Omega Ratio Rank: 21
RXI Calmar Ratio Rank: 20
RXI Martin Ratio Rank: 20

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

IEDI vs. RXI - 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 Global Consumer Discretionary ETF (RXI). 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	RXI	Difference
Sharpe ratio: Return per unit of total volatility	0.19	0.47	-0.28
Sortino ratio: Return per unit of downside risk	0.40	0.78	-0.39
Omega ratio: Gain probability vs. loss probability	1.04	1.09	-0.05
Calmar ratio: Return relative to maximum drawdown	0.29	0.53	-0.23
Martin ratio: Return relative to average drawdown	0.62	1.33	-0.71

IEDI vs. RXI - Sharpe Ratio Comparison

The current IEDI Sharpe Ratio is 0.19, which is lower than the RXI Sharpe Ratio of 0.47. The chart below compares the historical Sharpe Ratios of IEDI and RXI, 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. RXI - Drawdown Comparison

The maximum IEDI drawdown since its inception was -30.60%, smaller than the maximum RXI drawdown of -60.36%. Use the drawdown chart below to compare losses from any high point for IEDI and RXI.

Drawdown Indicators

	IEDI	RXI	Difference
Max Drawdown Largest peak-to-trough decline	-30.60%	-60.36%	+29.76%
Max Drawdown (1Y) Largest decline over 1 year	-9.44%	-15.17%	+5.73%
Max Drawdown (3Y) Largest decline over 3 years	-18.64%	-19.64%	+1.00%
Max Drawdown (5Y) Largest decline over 5 years	-29.79%	-35.78%	+5.99%
Max Drawdown (10Y) Largest decline over 10 years	—	-35.78%	—
Current Drawdown Current decline from peak	-3.77%	-5.69%	+1.92%
Average Drawdown Average peak-to-trough decline	-6.90%	-10.52%	+3.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.44%	5.99%	-1.55%

Volatility

IEDI vs. RXI - Volatility Comparison

The current volatility for iShares Evolved U.S. Discretionary Spending ETF (IEDI) is 4.93%, while iShares Global Consumer Discretionary ETF (RXI) has a volatility of 5.36%. This indicates that IEDI experiences smaller price fluctuations and is considered to be less risky than RXI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IEDI	RXI	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.93%	5.36%	-0.43%
Volatility (6M) Calculated over the trailing 6-month period	11.15%	13.61%	-2.46%
Volatility (1Y) Calculated over the trailing 1-year period	14.29%	17.04%	-2.75%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.32%	21.06%	-2.74%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.39%	20.10%	-0.71%

IEDI vs. RXI - Expense Ratio Comparison

IEDI has a 0.18% expense ratio, which is lower than RXI's 0.46% expense ratio.

Dividends

IEDI vs. RXI - Dividend Comparison

IEDI's dividend yield for the trailing twelve months is around 0.94%, less than RXI's 1.42% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IEDI iShares Evolved U.S. Discretionary Spending ETF	0.94%	0.95%	0.90%	1.13%	3.38%	0.70%	0.83%	2.07%	1.57%	0.00%	0.00%	0.00%
RXI iShares Global Consumer Discretionary ETF	1.42%	1.55%	1.07%	1.00%	1.00%	0.89%	0.65%	1.48%	1.73%	1.26%	1.77%	1.17%

Frequently Asked Questions

Can I hold both IEDI and RXI in my portfolio?

IEDI and RXI have a correlation of 0.72, 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 RXI?

RXI has higher volatility (5.36%) compared to IEDI (4.93%). In terms of maximum drawdown, IEDI dropped -30.60% vs RXI's -60.36%.

Which ETF is better, IEDI or RXI?

On 5-year performance, IEDI leads with 5.87% vs 4.61% for RXI. On fees, IEDI is cheaper at 0.18% per year. On volatility, IEDI has been the lower-risk option at 4.93%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IEDI or RXI?

Over the 5-year period, IEDI has performed better with a 5.87% return vs 4.61%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IEDI or RXI?

IEDI is cheaper with a 0.18% expense ratio, compared with 0.46% for RXI.

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

RXI has the higher dividend yield at 1.42%, compared with 0.94% for IEDI.

What is the main difference between IEDI and RXI?

Their fees differ too: 0.18% for IEDI and 0.46% for RXI.

Which has better risk-adjusted returns?

RXI currently has the higher Sharpe Ratio (0.47 vs 0.19), 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.