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IGV vs. FFTY
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IGV vs. FFTY

Last updated Jun 24, 2026

IGV (iShares Expanded Tech-Software Sector ETF) and FFTY (Innovator IBD 50 ETF) are both exchange-traded funds - IGV is a Technology Equities fund tracking the S&P North American Expanded Technology Software Index, while FFTY is a Large Cap Growth Equities fund tracking the IBD 50 Index. Both are passively managed. Over the past 10 years, IGV returned 15.70%/yr vs 7.91%/yr for FFTY. A 0.74 correlation means they provide meaningful diversification when combined. IGV charges 0.39%/yr vs 0.80%/yr for FFTY.

Performance

IGV vs. FFTY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Expanded Tech-Software Sector ETF (IGV) and Innovator IBD 50 ETF (FFTY). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, IGV achieves a -17.37% return, which is significantly lower than FFTY's 20.94% return. Over the past 10 years, IGV has outperformed FFTY with an annualized return of 15.70%, while FFTY has yielded a comparatively lower 7.91% annualized return.

IGV

1D
0.01%
1M
-7.10%
YTD
-17.37%
6M
-19.19%
1Y
-17.89%
3Y*
9.05%
5Y*
2.37%
10Y*
15.70%

FFTY

1D
-4.21%
1M
5.39%
YTD
20.94%
6M
18.21%
1Y
36.43%
3Y*
21.26%
5Y*
-0.44%
10Y*
7.91%
*Multi-year figures are annualized to reflect compound growth (CAGR)

IGV vs. FFTY - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
IGV
iShares Expanded Tech-Software Sector ETF		-17.37%5.56%23.41%58.56%-35.65%12.30%52.86%34.33%12.44%42.16%
FFTY
Innovator IBD 50 ETF		20.94%23.38%18.36%12.40%-51.08%11.92%18.20%25.74%-16.76%37.62%

Correlation

The correlation between IGV and FFTY is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.41

Correlation (3Y)
Calculated over the trailing 3-year period

0.63

Correlation (5Y)
Calculated over the trailing 5-year period

0.67

Correlation (10Y)
Calculated over the trailing 10-year period

0.74

Correlation (All Time)
Calculated using the full available price history since Apr 9, 2015

0.74

Over the past year, the correlation between IGV and FFTY has dropped to 0.41 - well below their long-term average of 0.74, suggesting their price drivers have been diverging.

IGV vs. FFTY - Sectors Allocation Comparison

Sectors
IGV
FFTY

Technology

89.1%
39.4%

Communication Services

8.6%
2.8%

Financial Services

1.9%
6.7%

Consumer Cyclical

0.3%
2.3%

Industrials

0.1%
23.1%

Basic Materials

-

2.9%

Consumer Defensive

-

2.8%

Energy

-

7.3%

Healthcare

-

12.8%

Real Estate

-

-

Utilities

-

2.1%

Technology

IGV
89.1%
FFTY
39.4%

Communication Services

IGV
8.6%
FFTY
2.8%

Financial Services

IGV
1.9%
FFTY
6.7%

Consumer Cyclical

IGV
0.3%
FFTY
2.3%

Industrials

IGV
0.1%
FFTY
23.1%

Basic Materials

IGV

-

FFTY
2.9%

Consumer Defensive

IGV

-

FFTY
2.8%

Energy

IGV

-

FFTY
7.3%

Healthcare

IGV

-

FFTY
12.8%

Real Estate

IGV

-

FFTY

-

Utilities

IGV

-

FFTY
2.1%

Compare stocks, funds, or ETFs

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iShares Expanded Tech-Software Sector ETF

Innovator IBD 50 ETF

Often compared with IGV:
IGV vs. QQQIGV vs. XSWIGV vs. SOXXIGV vs. VGTIGV vs. XLKIGV vs. SMHXIGV vs. VOO
Often compared with FFTY:
FFTY vs. SPYFFTY vs. QQQFFTY vs. BOUTFFTY vs. BFORFFTY vs. VOOFFTY vs. LOUPFFTY vs. FCUS

Return for Risk

IGV vs. FFTY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IGV
IGV Risk / Return Rank: 44
Overall Rank
IGV Sharpe Ratio Rank: 44
Sharpe Ratio Rank
IGV Sortino Ratio Rank: 44
Sortino Ratio Rank
IGV Omega Ratio Rank: 44
Omega Ratio Rank
IGV Calmar Ratio Rank: 55
Calmar Ratio Rank
IGV Martin Ratio Rank: 44
Martin Ratio Rank
FFTY
FFTY Risk / Return Rank: 3030
Overall Rank
FFTY Sharpe Ratio Rank: 2929
Sharpe Ratio Rank
FFTY Sortino Ratio Rank: 2727
Sortino Ratio Rank
FFTY Omega Ratio Rank: 2929
Omega Ratio Rank
FFTY Calmar Ratio Rank: 3333
Calmar Ratio Rank
FFTY Martin Ratio Rank: 3030
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

IGV vs. FFTY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Expanded Tech-Software Sector ETF (IGV) and Innovator IBD 50 ETF (FFTY). 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.

IGVFFTYDifference
Sharpe ratioReturn per unit of total volatility
-0.64
1.02

-1.65

Sortino ratioReturn per unit of downside risk
-0.75
1.44

-2.19

Omega ratioGain probability vs. loss probability

0.91

1.19

-0.28

Calmar ratioReturn relative to maximum drawdown

-0.49

1.57

-2.06

Martin ratioReturn relative to average drawdown

-1.00

4.14

-5.14

IGV vs. FFTY - Sharpe Ratio Comparison

The current IGV Sharpe Ratio is -0.64, which is lower than the FFTY Sharpe Ratio of 1.02. The chart below compares the historical Sharpe Ratios of IGV and FFTY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

IGV vs. FFTY - Drawdown Comparison

The maximum IGV drawdown since its inception was -63.45%, which is greater than FFTY's maximum drawdown of -59.46%. Use the drawdown chart below to compare losses from any high point for IGV and FFTY.

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Drawdown Indicators

IGVFFTYDifference

Max Drawdown

Largest peak-to-trough decline

-63.45%

-59.46%

-3.99%

Max Drawdown (1Y)

Largest decline over 1 year

-36.61%

-23.29%

-13.32%

Max Drawdown (3Y)

Largest decline over 3 years

-36.61%

-29.60%

-7.01%

Max Drawdown (5Y)

Largest decline over 5 years

-45.85%

-59.46%

+13.61%

Max Drawdown (10Y)

Largest decline over 10 years

-45.85%

-59.46%

+13.61%

Current Drawdown

Current decline from peak

-25.85%

-14.76%

-11.09%

Average Drawdown

Average peak-to-trough decline

-14.46%

-22.34%

+7.88%

Ulcer Index

Depth and duration of drawdowns from previous peaks

17.94%

8.82%

+9.12%

Volatility

IGV vs. FFTY - Volatility Comparison

The current volatility for iShares Expanded Tech-Software Sector ETF (IGV) is 12.71%, while Innovator IBD 50 ETF (FFTY) has a volatility of 13.44%. This indicates that IGV experiences smaller price fluctuations and is considered to be less risky than FFTY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

IGVFFTYDifference

Volatility (1M)

Calculated over the trailing 1-month period

12.71%

13.44%

-0.73%

Volatility (6M)

Calculated over the trailing 6-month period

24.86%

28.50%

-3.64%

Volatility (1Y)

Calculated over the trailing 1-year period

28.27%

35.99%

-7.72%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

27.97%

29.63%

-1.66%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

26.38%

27.67%

-1.29%

IGV vs. FFTY - Expense Ratio Comparison

IGV has a 0.39% expense ratio, which is lower than FFTY's 0.80% expense ratio.

Dividends

IGV vs. FFTY - Dividend Comparison

IGV's dividend yield for the trailing twelve months is around 0.02%, less than FFTY's 1.11% yield.

PositionTTM20252024202320222021202020192018201720162015
FFTY
Innovator IBD 50 ETF		1.11%1.35%0.91%0.65%2.75%0.22%0.00%0.00%0.00%0.17%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 FFTY have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

FFTY has higher volatility (13.44%) compared to IGV (12.71%). In terms of maximum drawdown, IGV dropped -63.45% vs FFTY's -59.46%.

On 10-year performance, IGV leads with 15.70% vs 7.91% for FFTY. On fees, IGV is cheaper at 0.39% per year. On volatility, IGV has been the lower-risk option at 12.71%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, IGV has performed better with a 15.70% return vs 7.91%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

IGV is cheaper with a 0.39% expense ratio, compared with 0.80% for FFTY.

FFTY has the higher dividend yield at 1.11%, compared with 0.02% for IGV.

IGV is categorized as Technology Equities, while FFTY is Large Cap Growth Equities. IGV tracks S&P North American Expanded Technology Software Index, while FFTY tracks IBD 50 Index. They also come from different issuers: iShares and Innovator. Their fees differ too: 0.39% for IGV and 0.80% for FFTY.

FFTY currently has the higher Sharpe Ratio (1.02 vs -0.64), 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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