IGM vs. GOOG
Compare and contrast key facts about iShares Expanded Tech Sector ETF (IGM) and Alphabet Inc. (GOOG).
IGM is a passively managed fund by iShares that tracks the performance of the S&P North American Technology Sector Index. It was launched on Mar 13, 2001.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IGM or GOOG.
Correlation
The correlation between IGM and GOOG is 0.77, 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
IGM vs. GOOG - Performance Comparison
Key characteristics
IGM:
1.60
GOOG:
1.21
IGM:
2.17
GOOG:
1.73
IGM:
1.28
GOOG:
1.23
IGM:
2.32
GOOG:
1.50
IGM:
8.23
GOOG:
3.68
IGM:
4.18%
GOOG:
9.08%
IGM:
21.48%
GOOG:
27.75%
IGM:
-65.59%
GOOG:
-44.60%
IGM:
-5.76%
GOOG:
-3.59%
Returns By Period
In the year-to-date period, IGM achieves a -1.32% return, which is significantly lower than GOOG's 0.32% return. Over the past 10 years, IGM has underperformed GOOG with an annualized return of 20.55%, while GOOG has yielded a comparatively higher 22.50% annualized return.
IGM
-1.32%
-4.39%
3.52%
34.10%
19.33%
20.55%
GOOG
0.32%
-0.17%
3.24%
32.93%
21.54%
22.50%
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Risk-Adjusted Performance
IGM vs. GOOG — Risk-Adjusted Performance Rank
IGM
GOOG
IGM vs. GOOG - Risk-Adjusted Performance 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.
Dividends
IGM vs. GOOG - Dividend Comparison
IGM's dividend yield for the trailing twelve months is around 0.22%, less than GOOG's 0.31% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IGM iShares Expanded Tech Sector ETF | 0.22% | 0.22% | 0.52% | 0.53% | 0.16% | 0.32% | 0.50% | 0.57% | 0.57% | 0.90% | 0.79% | 0.88% |
GOOG Alphabet Inc. | 0.31% | 0.32% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
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. For additional features, visit the drawdowns tool.
Volatility
IGM vs. GOOG - Volatility Comparison
The current volatility for iShares Expanded Tech Sector ETF (IGM) is 6.19%, while Alphabet Inc. (GOOG) has a volatility of 7.23%. 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.