IGN vs. IYZ
Compare and contrast key facts about iShares North American Tech-Multimedia Networking ETF (IGN) and iShares U.S. Telecommunications ETF (IYZ).
IGN and IYZ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IGN is a passively managed fund by iShares that tracks the performance of the S&P North American Technology-Multimedia Networking Index. It was launched on Jul 10, 2001. IYZ is a passively managed fund by iShares that tracks the performance of the Dow Jones U.S. Select Telecommunications Index. It was launched on May 22, 2000. Both IGN and IYZ are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IGN or IYZ.
Key characteristics
| IGN | IYZ |
|---|
Correlation
The correlation between IGN and IYZ is 0.65, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
IGN vs. IYZ - Performance Comparison
The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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IGN vs. IYZ - Expense Ratio Comparison
IGN has a 0.46% expense ratio, which is higher than IYZ's 0.42% expense ratio.
Risk-Adjusted Performance
IGN vs. IYZ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares North American Tech-Multimedia Networking ETF (IGN) and iShares U.S. Telecommunications ETF (IYZ). 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
IGN vs. IYZ - Dividend Comparison
IGN has not paid dividends to shareholders, while IYZ's dividend yield for the trailing twelve months is around 2.36%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IGN iShares North American Tech-Multimedia Networking ETF | 0.52% | 0.37% | 0.30% | 0.22% | 0.60% | 0.42% | 0.65% | 0.57% | 0.75% | 0.72% | 0.42% | 0.24% |
IYZ iShares U.S. Telecommunications ETF | 2.36% | 2.27% | 2.55% | 2.51% | 2.60% | 2.36% | 2.15% | 3.54% | 2.27% | 1.98% | 2.25% | 2.62% |
Drawdowns
IGN vs. IYZ - Drawdown Comparison
Volatility
IGN vs. IYZ - Volatility Comparison
The current volatility for iShares North American Tech-Multimedia Networking ETF (IGN) is 0.00%, while iShares U.S. Telecommunications ETF (IYZ) has a volatility of 4.04%. This indicates that IGN experiences smaller price fluctuations and is considered to be less risky than IYZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.