IGM vs. GOOG
IGM (iShares Expanded Tech Sector ETF) is Technology Equities fund tracking the S&P North American Technology Sector Index, while GOOG (Alphabet Inc) is a stock. Over the past 10 years, IGM returned 25.19%/yr vs 25.80%/yr for GOOG. A 0.75 correlation means they provide meaningful diversification when combined.
Performance
IGM vs. GOOG - Performance Comparison
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Returns By Period
In the year-to-date period, IGM achieves a 31.32% return, which is significantly higher than GOOG's 13.43% return. Both investments have delivered pretty close results over the past 10 years, with IGM having a 25.19% annualized return and GOOG not far ahead at 25.80%.
IGM
- 1D
- -0.84%
- 1M
- 16.93%
- YTD
- 31.32%
- 6M
- 29.19%
- 1Y
- 62.26%
- 3Y*
- 39.18%
- 5Y*
- 22.04%
- 10Y*
- 25.19%
GOOG
- 1D
- -0.76%
- 1M
- -6.31%
- YTD
- 13.43%
- 6M
- 11.09%
- 1Y
- 112.81%
- 3Y*
- 42.00%
- 5Y*
- 23.95%
- 10Y*
- 25.80%
IGM vs. GOOG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IGM iShares Expanded Tech Sector ETF | 31.32% | 26.76% | 36.99% | 60.68% | -35.83% | 25.72% | 45.11% | 41.81% | 2.26% | 37.20% |
GOOG Alphabet Inc | 13.43% | 65.42% | 35.62% | 58.83% | -38.67% | 65.17% | 31.03% | 29.10% | -1.03% | 35.58% |
Correlation
The correlation between IGM and GOOG is 0.55, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.55 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.62 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.73 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.75 |
Correlation (All Time) Calculated using the full available price history since Apr 4, 2014 | 0.75 |
Over the past year, the correlation between IGM and GOOG has dropped to 0.55 - well below their long-term average of 0.75, suggesting their price drivers have been diverging.
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Return for Risk
IGM vs. GOOG — Risk / Return Rank
IGM
GOOG
IGM vs. GOOG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Expanded Tech Sector ETF (IGM) and Alphabet Inc (GOOG). 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.
| IGM | GOOG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.91 | ||
| Sortino ratioReturn per unit of downside risk | -1.57 | ||
| Omega ratioGain probability vs. loss probability | 1.50 | 1.64 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 3.81 | 5.47 | -1.66 |
| Martin ratioReturn relative to average drawdown | 13.36 | 19.89 | -6.54 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| IGM | GOOG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.07 | 3.98 | -0.91 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.86 | 0.77 | +0.09 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.03 | 0.89 | +0.14 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.48 | 0.82 | -0.33 |
Drawdowns
IGM vs. GOOG - Drawdown Comparison
The maximum IGM drawdown since its inception was -65.59%, which is greater than GOOG's maximum drawdown of -44.60%. Use the drawdown chart below to compare losses from any high point for IGM and GOOG.
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Drawdown Indicators
| IGM | GOOG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.59% | -44.60% | -20.99% |
Max Drawdown (1Y)Largest decline over 1 year | -16.44% | -20.75% | +4.31% |
Max Drawdown (3Y)Largest decline over 3 years | -26.39% | -29.35% | +2.96% |
Max Drawdown (5Y)Largest decline over 5 years | -40.68% | -44.60% | +3.92% |
Max Drawdown (10Y)Largest decline over 10 years | -40.68% | -44.60% | +3.92% |
Current DrawdownCurrent decline from peak | -0.84% | -10.87% | +10.03% |
Average DrawdownAverage peak-to-trough decline | -15.23% | -8.89% | -6.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.67% | 5.69% | -1.02% |
Volatility
IGM vs. GOOG - Volatility Comparison
The current volatility for iShares Expanded Tech Sector ETF (IGM) is 6.10%, while Alphabet Inc (GOOG) has a volatility of 8.08%. This indicates that IGM experiences smaller price fluctuations and is considered to be less risky than GOOG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IGM | GOOG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.10% | 8.08% | -1.98% |
Volatility (6M)Calculated over the trailing 6-month period | 16.08% | 20.16% | -4.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.43% | 28.59% | -8.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.68% | 31.10% | -5.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.54% | 28.99% | -4.45% |
Dividends
IGM vs. GOOG - Dividend Comparison
IGM's dividend yield for the trailing twelve months is around 0.12%, less than GOOG's 0.24% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GOOG Alphabet Inc | 0.24% | 0.26% | 0.32% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IGM iShares Expanded Tech Sector ETF | 0.12% | 0.17% | 0.22% | 0.33% | 0.66% | 0.16% | 0.32% | 0.50% | 0.57% | 0.57% | 0.90% | 0.79% |
Frequently Asked Questions
IGM and GOOG have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GOOG has higher volatility (8.08%) compared to IGM (6.10%). In terms of maximum drawdown, IGM dropped -65.59% vs GOOG's -44.60%.
GOOG currently has the higher Sharpe Ratio (3.98 vs 3.07), 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.
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