IGM vs. IQM
IGM (iShares Expanded Tech Sector ETF) and IQM (Franklin Intelligent Machines ETF) are both Technology Equities funds. IGM is passively managed, while IQM is actively managed. Over the past 5 years, IGM returned 18.11%/yr vs 15.99%/yr for IQM. Their correlation of 0.90 means they have usually moved in the same direction. IGM charges 0.39%/yr vs 0.50%/yr for IQM.
Performance
IGM vs. IQM - Performance Comparison
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Returns By Period
In the year-to-date period, IGM achieves a 21.55% return, which is significantly higher than IQM's 19.53% return.
IGM
- 1D
- 2.20%
- 1M
- 0.03%
- 6M
- 20.71%
- YTD
- 21.55%
- 1Y
- 38.56%
- 3Y*
- 33.72%
- 5Y*
- 18.11%
- 10Y*
- 23.41%
- ALL TIME*
- 12.48%
IQM
- 1D
- 1.95%
- 1M
- -6.41%
- 6M
- 13.56%
- YTD
- 19.53%
- 1Y
- 34.87%
- 3Y*
- 30.20%
- 5Y*
- 15.99%
- 10Y*
- —
- ALL TIME*
- 25.29%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $47.27M | $46.48M | $81.75M | |
| $905.23K | $711.02K | $931.48K |
IGM vs. IQM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
IGM iShares Expanded Tech Sector ETF | 21.55% | 26.76% | 36.99% | 60.68% | -35.83% | 25.72% | 43.60% |
IQM Franklin Intelligent Machines ETF | 19.53% | 30.76% | 31.03% | 41.06% | -33.36% | 25.18% | 76.92% |
Correlation
The correlation between IGM and IQM is 0.89, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.89 |
Correlation (3Y) Balances recent behavior with more history. | 0.91 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.93 |
Correlation (All Time) Calculated using the full available price history since Feb 27, 2020 | 0.90 |
The correlation between IGM and IQM has been stable across timeframes, ranging from 0.89 to 0.93 - a consistent structural relationship.
IGM vs. IQM - Sectors Allocation Comparison
Sectors
IGM
IQM
Technology
Communication Services
Industrials
Financial Services
-
Energy
Consumer Cyclical
Basic Materials
-
Consumer Defensive
-
-
Healthcare
-
Real Estate
-
-
Utilities
-
Technology
IGM
IQM
Communication Services
IGM
IQM
Industrials
IGM
IQM
Financial Services
IGM
IQM
-
Energy
IGM
IQM
Consumer Cyclical
IGM
IQM
Basic Materials
IGM
IQM
-
Consumer Defensive
IGM
-
IQM
-
Healthcare
IGM
-
IQM
Real Estate
IGM
-
IQM
-
Utilities
IGM
-
IQM
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Return for Risk
IGM vs. IQM — Risk / Return Rank
IGM
IQM
IGM vs. IQM - Risk-Adjusted Trends 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| IGM | IQM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.62 | ||
| Sortino ratioReturn per unit of downside risk | +0.72 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.19 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 2.36 | 1.39 | +0.97 |
| Martin ratioReturn relative to average drawdown | 6.77 | 5.25 | +1.53 |
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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.
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Drawdown Indicators
| IGM | IQM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.59% | -44.91% | -20.68% |
Max Drawdown (1Y)Largest decline over 1 year | -16.44% | -25.28% | +8.84% |
Max Drawdown (3Y)Largest decline over 3 years | -26.39% | -30.42% | +4.03% |
Max Drawdown (5Y)Largest decline over 5 years | -40.68% | -44.91% | +4.23% |
Max Drawdown (10Y)Largest decline over 10 years | -40.68% | — | — |
Current DrawdownCurrent decline from peak | -8.21% | -17.03% | +8.82% |
Average DrawdownAverage peak-to-trough decline | -15.18% | -12.20% | -2.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.71% | 6.66% | -0.95% |
Volatility
IGM vs. IQM - Volatility Comparison
The current volatility for iShares Expanded Tech Sector ETF (IGM) is 8.47%, while Franklin Intelligent Machines ETF (IQM) has a volatility of 15.54%. 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.
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Volatility by Period
| IGM | IQM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.47% | 15.54% | -7.07% |
Volatility (6M)Calculated over the trailing 6-month period | 20.36% | 31.13% | -10.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.40% | 36.17% | -11.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.36% | 30.64% | -4.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.85% | 31.69% | -6.84% |
IGM vs. IQM - Expense Ratio Comparison
IGM has a 0.39% expense ratio, which is lower than IQM's 0.50% expense ratio.
Dividends
IGM vs. IQM - Dividend Comparison
IGM's dividend yield for the trailing twelve months is around 0.14%, while IQM has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IGM iShares Expanded Tech Sector ETF | 0.14% | 0.17% | 0.22% | 0.33% | 0.66% | 0.16% | 0.32% | 0.50% | 0.57% | 0.57% | 0.90% | 0.79% |
IQM Franklin Intelligent Machines ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.17% | 0.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
IGM and IQM have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IQM has higher volatility (15.54%) compared to IGM (8.47%). In terms of maximum drawdown, IGM dropped -65.59% vs IQM's -44.91%.
On 5-year performance, IGM leads with 18.11% vs 15.99% for IQM. On fees, IGM is cheaper at 0.39% per year. On volatility, IGM has been the lower-risk option at 8.47%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, IGM has performed better with a 18.11% return vs 15.99%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IGM is cheaper with a 0.39% expense ratio, compared with 0.50% for IQM.
IGM has the higher dividend yield at 0.14%, compared with 0.00% for IQM.
They also come from different issuers: iShares and Franklin Templeton. Their fees differ too: 0.39% for IGM and 0.50% for IQM.
IGM currently has the higher Sharpe Ratio (1.59 vs 0.97), 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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