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 15.60%/yr vs 56.16%/yr for AMD. A 0.53 correlation means they provide meaningful diversification when combined.
Performance
IGV vs. AMD - 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 AMD's 135.14% return. Over the past 10 years, IGV has underperformed AMD with an annualized return of 15.60%, while AMD has yielded a comparatively higher 56.16% 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%
AMD
- 1D
- 1.58%
- 1M
- -6.29%
- 6M
- 117.22%
- YTD
- 135.14%
- 1Y
- 220.77%
- 3Y*
- 65.57%
- 5Y*
- 41.30%
- 10Y*
- 56.16%
- ALL TIME*
- 9.74%
IGV vs. AMD - 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% |
AMD Advanced Micro Devices, Inc. | 135.14% | 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 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.42 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.55 |
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 | 0.53 |
Over the past year, the correlation between IGV and AMD has dropped to 0.24 - well below their long-term average of 0.53, suggesting their price drivers have been diverging.
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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 | -3.80 | ||
| Sortino ratioReturn per unit of downside risk | -4.15 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 1.45 | -0.52 |
| Calmar ratioReturn relative to maximum drawdown | -0.45 | 8.01 | -8.45 |
| Martin ratioReturn relative to average drawdown | -0.86 | 16.22 | -17.09 |
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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.
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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 | -21.05% | -13.31% | -7.74% |
Average DrawdownAverage peak-to-trough decline | -14.48% | -56.54% | +42.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.89% | 13.67% | +5.22% |
Volatility
IGV vs. AMD - Volatility Comparison
The current volatility for iShares Expanded Tech-Software Sector ETF (IGV) is 7.17%, while Advanced Micro Devices, Inc. (AMD) has a volatility of 20.56%. 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.
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Volatility by Period
| IGV | AMD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.17% | 20.56% | -13.39% |
Volatility (6M)Calculated over the trailing 6-month period | 25.18% | 53.32% | -28.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.69% | 68.96% | -40.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.08% | 56.46% | -28.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.41% | 57.02% | -30.61% |
Dividends
IGV vs. AMD - Dividend Comparison
IGV's dividend yield for the trailing twelve months is around 0.02%, while AMD has not 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 | 0.02% | 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 AMD have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AMD has higher volatility (20.56%) compared to IGV (7.17%). In terms of maximum drawdown, IGV dropped -63.45% vs AMD's -96.59%.
AMD currently has the higher Sharpe Ratio (3.23 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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