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IGM vs. IQM
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between IGM and IQM is 0.90, 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.


-0.50.00.51.00.9

Performance

IGM vs. IQM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Expanded Tech Sector ETF (IGM) and Franklin Intelligent Machines ETF (IQM). The values are adjusted to include any dividend payments, if applicable.

120.00%130.00%140.00%150.00%160.00%170.00%180.00%190.00%JulyAugustSeptemberOctoberNovemberDecember
171.47%
178.49%
IGM
IQM

Key characteristics

Sharpe Ratio

IGM:

1.93

IQM:

1.43

Sortino Ratio

IGM:

2.54

IQM:

1.94

Omega Ratio

IGM:

1.34

IQM:

1.25

Calmar Ratio

IGM:

2.80

IQM:

1.93

Martin Ratio

IGM:

10.03

IQM:

6.22

Ulcer Index

IGM:

4.12%

IQM:

5.76%

Daily Std Dev

IGM:

21.43%

IQM:

25.04%

Max Drawdown

IGM:

-65.59%

IQM:

-44.91%

Current Drawdown

IGM:

-3.20%

IQM:

-3.80%

Returns By Period

In the year-to-date period, IGM achieves a 38.86% return, which is significantly higher than IQM's 32.59% return.


IGM

YTD

38.86%

1M

3.27%

6M

10.15%

1Y

39.33%

5Y*

21.32%

10Y*

20.28%

IQM

YTD

32.59%

1M

1.76%

6M

6.60%

1Y

33.17%

5Y*

N/A

10Y*

N/A

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


IGM vs. IQM - Expense Ratio Comparison

IGM has a 0.46% expense ratio, which is lower than IQM's 0.50% expense ratio.


IQM
Franklin Intelligent Machines ETF
Expense ratio chart for IQM: current value at 0.50% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.50%
Expense ratio chart for IGM: current value at 0.46% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.46%

Risk-Adjusted Performance

IGM vs. IQM - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Expanded Tech Sector ETF (IGM) and Franklin Intelligent Machines ETF (IQM). 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.


Sharpe ratio
The chart of Sharpe ratio for IGM, currently valued at 1.93, compared to the broader market0.002.004.001.931.43
The chart of Sortino ratio for IGM, currently valued at 2.54, compared to the broader market-2.000.002.004.006.008.0010.002.541.94
The chart of Omega ratio for IGM, currently valued at 1.34, compared to the broader market0.501.001.502.002.503.001.341.25
The chart of Calmar ratio for IGM, currently valued at 2.80, compared to the broader market0.005.0010.0015.002.801.93
The chart of Martin ratio for IGM, currently valued at 10.03, compared to the broader market0.0020.0040.0060.0080.00100.0010.036.22
IGM
IQM

The current IGM Sharpe Ratio is 1.93, which is higher than the IQM Sharpe Ratio of 1.43. The chart below compares the historical Sharpe Ratios of IGM and IQM, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
1.93
1.43
IGM
IQM

Dividends

IGM vs. IQM - Dividend Comparison

IGM's dividend yield for the trailing twelve months is around 0.22%, while IQM has not paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
IGM
iShares Expanded Tech Sector ETF
0.22%0.52%0.53%0.16%0.32%0.50%0.57%0.57%0.90%0.79%0.88%0.78%
IQM
Franklin Intelligent Machines ETF
0.00%0.00%0.00%0.17%0.01%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

IGM vs. IQM - Drawdown Comparison

The maximum IGM drawdown since its inception was -65.59%, which is greater than IQM's maximum drawdown of -44.91%. Use the drawdown chart below to compare losses from any high point for IGM and IQM. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-3.20%
-3.80%
IGM
IQM

Volatility

IGM vs. IQM - Volatility Comparison

The current volatility for iShares Expanded Tech Sector ETF (IGM) is 5.81%, while Franklin Intelligent Machines ETF (IQM) has a volatility of 6.24%. This indicates that IGM experiences smaller price fluctuations and is considered to be less risky than IQM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%14.00%JulyAugustSeptemberOctoberNovemberDecember
5.81%
6.24%
IGM
IQM
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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