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:
1.79
GOOG:
1.42
IGM:
2.39
GOOG:
1.95
IGM:
1.32
GOOG:
1.26
IGM:
2.60
GOOG:
1.76
IGM:
9.37
GOOG:
4.31
IGM:
4.11%
GOOG:
9.07%
IGM:
21.45%
GOOG:
27.62%
IGM:
-65.59%
GOOG:
-44.60%
IGM:
-4.36%
GOOG:
-4.04%
Returns By Period
The year-to-date returns for both stocks are quite close, with IGM having a 37.19% return and GOOG slightly lower at 35.41%. Over the past 10 years, IGM has underperformed GOOG with an annualized return of 20.27%, while GOOG has yielded a comparatively higher 22.23% annualized return.
IGM
37.19%
3.19%
7.35%
37.83%
21.07%
20.27%
GOOG
35.41%
7.67%
8.03%
38.18%
23.19%
22.23%
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Risk-Adjusted Performance
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 0.44%, more than GOOG's 0.32% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IGM iShares Expanded Tech Sector ETF | 0.44% | 0.52% | 0.53% | 0.16% | 0.32% | 0.50% | 0.57% | 0.57% | 0.90% | 0.79% | 0.88% | 0.78% |
GOOG Alphabet Inc. | 0.32% | 0.00% | 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 5.77%, while Alphabet Inc. (GOOG) has a volatility of 11.30%. 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.