IEDI vs. XLY
Compare and contrast key facts about iShares Evolved U.S. Discretionary Spending ETF (IEDI) and Consumer Discretionary Select Sector SPDR Fund (XLY).
IEDI and XLY 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. XLY is a passively managed fund by State Street that tracks the performance of the Consumer Discretionary Select Sector Index. It was launched on Dec 16, 1998.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IEDI or XLY.
Key characteristics
| IEDI | XLY | |
|---|---|---|
| YTD Return | 22.34% | 21.08% |
| 1Y Return | 38.20% | 36.61% |
| 3Y Return (Ann) | 5.34% | 2.58% |
| 5Y Return (Ann) | 13.72% | 13.15% |
| Sharpe Ratio | 2.89 | 1.90 |
| Sortino Ratio | 3.98 | 2.58 |
| Omega Ratio | 1.50 | 1.32 |
| Calmar Ratio | 2.22 | 1.44 |
| Martin Ratio | 13.05 | 9.23 |
| Ulcer Index | 2.83% | 3.69% |
| Daily Std Dev | 12.78% | 17.94% |
| Max Drawdown | -30.60% | -59.05% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between IEDI and XLY is 0.86, 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.
Performance
IEDI vs. XLY - Performance Comparison
In the year-to-date period, IEDI achieves a 22.34% return, which is significantly higher than XLY's 21.08% 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. XLY - Expense Ratio Comparison
IEDI has a 0.18% expense ratio, which is higher than XLY's 0.13% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
IEDI vs. XLY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Evolved U.S. Discretionary Spending ETF (IEDI) and Consumer Discretionary Select Sector SPDR Fund (XLY). 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. XLY - Dividend Comparison
IEDI's dividend yield for the trailing twelve months is around 1.02%, more than XLY's 0.70% 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% |
XLY Consumer Discretionary Select Sector SPDR Fund | 0.70% | 0.78% | 1.00% | 0.53% | 0.82% | 1.28% | 1.34% | 1.20% | 1.71% | 1.43% | 1.31% | 1.16% |
Drawdowns
IEDI vs. XLY - Drawdown Comparison
The maximum IEDI drawdown since its inception was -30.60%, smaller than the maximum XLY drawdown of -59.05%. Use the drawdown chart below to compare losses from any high point for IEDI and XLY. For additional features, visit the drawdowns tool.
Volatility
IEDI vs. XLY - Volatility Comparison
The current volatility for iShares Evolved U.S. Discretionary Spending ETF (IEDI) is 2.99%, while Consumer Discretionary Select Sector SPDR Fund (XLY) has a volatility of 5.83%. This indicates that IEDI experiences smaller price fluctuations and is considered to be less risky than XLY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.