IGV vs. AMD
IGV (iShares Expanded Tech-Software Sector ETF) is Technology Equities fund tracking the S&P North American Expanded Technology Software Index, while AMD (Advanced Micro Devices, Inc.) is a stock. Over the past 10 years, IGV returned 15.87%/yr vs 60.93%/yr for AMD. A 0.54 correlation means they provide meaningful diversification when combined.
Performance
IGV vs. AMD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IGV achieves a -14.18% return, which is significantly lower than AMD's 138.87% return. Over the past 10 years, IGV has underperformed AMD with an annualized return of 15.87%, while AMD has yielded a comparatively higher 60.93% annualized return.
IGV
- 1D
- -0.24%
- 1M
- -1.18%
- YTD
- -14.18%
- 6M
- -16.00%
- 1Y
- -14.65%
- 3Y*
- 10.04%
- 5Y*
- 3.91%
- 10Y*
- 15.87%
AMD
- 1D
- 4.73%
- 1M
- 20.62%
- YTD
- 138.87%
- 6M
- 142.70%
- 1Y
- 340.40%
- 3Y*
- 60.16%
- 5Y*
- 44.46%
- 10Y*
- 60.93%
IGV vs. AMD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IGV iShares Expanded Tech-Software Sector ETF | -14.18% | 5.56% | 23.41% | 58.56% | -35.65% | 12.30% | 52.86% | 34.33% | 12.44% | 42.16% |
AMD Advanced Micro Devices, Inc. | 138.87% | 77.30% | -18.06% | 127.59% | -54.99% | 56.91% | 99.98% | 148.43% | 79.57% | -9.35% |
Correlation
The correlation between IGV and AMD is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.43 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.56 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.55 |
Correlation (All Time) Calculated using the full available price history since Jul 13, 2001 | 0.54 |
Over the past year, the correlation between IGV and AMD has dropped to 0.25 - well below their long-term average of 0.54, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IGV vs. AMD — Risk / Return Rank
IGV
AMD
IGV vs. AMD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Expanded Tech-Software Sector ETF (IGV) and Advanced Micro Devices, Inc. (AMD). 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 | AMD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -5.56 | ||
| Sortino ratioReturn per unit of downside risk | -5.15 | ||
| Omega ratioGain probability vs. loss probability | 0.93 | 1.60 | -0.67 |
| Calmar ratioReturn relative to maximum drawdown | -0.42 | 12.04 | -12.46 |
| Martin ratioReturn relative to average drawdown | -0.87 | 24.74 | -25.61 |
Loading charts...
Drawdowns
IGV vs. AMD - Drawdown Comparison
The maximum IGV drawdown since its inception was -63.45%, smaller than the maximum AMD drawdown of -96.59%. Use the drawdown chart below to compare losses from any high point for IGV and AMD.
Loading charts...
Drawdown Indicators
| IGV | AMD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.45% | -96.59% | +33.14% |
Max Drawdown (1Y)Largest decline over 1 year | -36.61% | -27.76% | -8.85% |
Max Drawdown (3Y)Largest decline over 3 years | -36.61% | -63.00% | +26.39% |
Max Drawdown (5Y)Largest decline over 5 years | -45.85% | -65.45% | +19.60% |
Max Drawdown (10Y)Largest decline over 10 years | -45.85% | -65.45% | +19.60% |
Current DrawdownCurrent decline from peak | -23.00% | -5.70% | -17.30% |
Average DrawdownAverage peak-to-trough decline | -14.45% | -56.65% | +42.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.55% | 13.48% | +4.07% |
Volatility
IGV vs. AMD - Volatility Comparison
The current volatility for iShares Expanded Tech-Software Sector ETF (IGV) is 12.57%, while Advanced Micro Devices, Inc. (AMD) has a volatility of 22.71%. This indicates that IGV experiences smaller price fluctuations and is considered to be less risky than AMD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IGV | AMD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.57% | 22.71% | -10.14% |
Volatility (6M)Calculated over the trailing 6-month period | 24.80% | 50.12% | -25.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.06% | 66.74% | -38.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.92% | 55.71% | -27.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.39% | 56.99% | -30.60% |
Dividends
IGV vs. AMD - Dividend Comparison
Neither IGV nor AMD has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMD Advanced Micro Devices, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IGV iShares Expanded Tech-Software Sector ETF | 0.00% | 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 AMD have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AMD has higher volatility (22.71%) compared to IGV (12.57%). In terms of maximum drawdown, IGV dropped -63.45% vs AMD's -96.59%.
AMD currently has the higher Sharpe Ratio (5.01 vs -0.55), 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.
Find the right allocation for IGV and AMD
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer