IGV vs. AAPL
IGV (iShares Expanded Tech-Software Sector ETF) is Technology Equities fund tracking the S&P North American Expanded Technology Software Index, while AAPL (Apple Inc) is a stock. Over the past 10 years, IGV returned 15.60%/yr vs 30.70%/yr for AAPL. A 0.52 correlation means they provide meaningful diversification when combined.
Performance
IGV vs. AAPL - Performance Comparison
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Returns By Period
In the year-to-date period, IGV achieves a -12.01% return, which is significantly lower than AAPL's 20.35% return. Over the past 10 years, IGV has underperformed AAPL with an annualized return of 15.60%, while AAPL has yielded a comparatively higher 30.70% annualized return.
IGV
- 1D
- 0.19%
- 1M
- 4.37%
- 6M
- -5.40%
- YTD
- -12.01%
- 1Y
- -16.26%
- 3Y*
- 9.01%
- 5Y*
- 3.20%
- 10Y*
- 15.60%
- ALL TIME*
- 9.30%
AAPL
- 1D
- -2.14%
- 1M
- 9.59%
- 6M
- 28.05%
- YTD
- 20.35%
- 1Y
- 55.26%
- 3Y*
- 19.94%
- 5Y*
- 18.17%
- 10Y*
- 30.70%
- ALL TIME*
- 19.46%
IGV vs. AAPL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IGV iShares Expanded Tech-Software Sector ETF | -12.01% | 5.56% | 23.41% | 58.56% | -35.65% | 12.30% | 52.86% | 34.33% | 12.44% | 42.16% |
AAPL Apple Inc | 20.35% | 9.05% | 30.71% | 49.01% | -26.40% | 34.65% | 82.31% | 88.96% | -5.39% | 48.46% |
Correlation
The correlation between IGV and AAPL is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.34 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.52 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.56 |
Correlation (All Time) Calculated using the full available price history since Jul 13, 2001 | 0.52 |
Over the past year, the correlation between IGV and AAPL has dropped to 0.16 - well below their long-term average of 0.52, suggesting their price drivers have been diverging.
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Return for Risk
IGV vs. AAPL — Risk / Return Rank
IGV
AAPL
IGV vs. AAPL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Expanded Tech-Software Sector ETF (IGV) and Apple Inc (AAPL). 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.
| IGV | AAPL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.84 | ||
| Sortino ratioReturn per unit of downside risk | -3.74 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 1.41 | -0.49 |
| Calmar ratioReturn relative to maximum drawdown | -0.45 | 4.02 | -4.47 |
| Martin ratioReturn relative to average drawdown | -0.86 | 9.58 | -10.44 |
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Drawdowns
IGV vs. AAPL - Drawdown Comparison
The maximum IGV drawdown since its inception was -63.45%, smaller than the maximum AAPL drawdown of -81.80%. Use the drawdown chart below to compare losses from any high point for IGV and AAPL.
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Drawdown Indicators
| IGV | AAPL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.45% | -81.80% | +18.35% |
Max Drawdown (1Y)Largest decline over 1 year | -36.61% | -13.80% | -22.81% |
Max Drawdown (3Y)Largest decline over 3 years | -36.61% | -33.36% | -3.25% |
Max Drawdown (5Y)Largest decline over 5 years | -45.85% | -33.36% | -12.49% |
Max Drawdown (10Y)Largest decline over 10 years | -45.85% | -38.52% | -7.33% |
Current DrawdownCurrent decline from peak | -21.05% | -2.14% | -18.91% |
Average DrawdownAverage peak-to-trough decline | -14.48% | -29.54% | +15.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.89% | 5.78% | +13.11% |
Volatility
IGV vs. AAPL - Volatility Comparison
The current volatility for iShares Expanded Tech-Software Sector ETF (IGV) is 7.17%, while Apple Inc (AAPL) has a volatility of 10.61%. This indicates that IGV experiences smaller price fluctuations and is considered to be less risky than AAPL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IGV | AAPL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.17% | 10.61% | -3.44% |
Volatility (6M)Calculated over the trailing 6-month period | 25.18% | 19.34% | +5.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.69% | 24.55% | +4.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.08% | 27.79% | +0.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.41% | 29.08% | -2.67% |
Dividends
IGV vs. AAPL - Dividend Comparison
IGV's dividend yield for the trailing twelve months is around 0.02%, less than AAPL's 0.32% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AAPL Apple Inc | 0.32% | 0.38% | 0.40% | 0.49% | 0.70% | 0.49% | 0.61% | 1.04% | 1.79% | 1.45% | 1.93% | 1.93% |
IGV iShares Expanded Tech-Software Sector ETF | 0.02% | 0.00% | 0.00% | 0.01% | 0.01% | 0.00% | 0.35% | 0.02% | 0.16% | 0.09% | 0.82% | 0.22% |
Frequently Asked Questions
IGV and AAPL have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AAPL has higher volatility (10.61%) compared to IGV (7.17%). In terms of maximum drawdown, IGV dropped -63.45% vs AAPL's -81.80%.
AAPL currently has the higher Sharpe Ratio (2.27 vs -0.57), 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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