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IGV vs. FIVG
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between IGV and FIVG is 0.77, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.00.8

Performance

IGV vs. FIVG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Expanded Tech-Software Sector ET (IGV) and Defiance Next Gen Connectivity ETF (FIVG). The values are adjusted to include any dividend payments, if applicable.

60.00%80.00%100.00%120.00%140.00%160.00%180.00%JulyAugustSeptemberOctoberNovemberDecember
156.35%
96.89%
IGV
FIVG

Key characteristics

Returns By Period


IGV

YTD

27.72%

1M

0.30%

6M

22.24%

1Y

27.38%

5Y*

17.50%

10Y*

18.83%

FIVG

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

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IGV vs. FIVG - Expense Ratio Comparison

IGV has a 0.46% expense ratio, which is higher than FIVG's 0.30% expense ratio.


IGV
iShares Expanded Tech-Software Sector ET
Expense ratio chart for IGV: current value at 0.46% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.46%
Expense ratio chart for FIVG: current value at 0.30% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.30%

Risk-Adjusted Performance

IGV vs. FIVG - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Expanded Tech-Software Sector ET (IGV) and Defiance Next Gen Connectivity ETF (FIVG). 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.


Sharpe ratio
The chart of Sharpe ratio for IGV, currently valued at 1.36, compared to the broader market0.002.004.001.361.66
The chart of Sortino ratio for IGV, currently valued at 1.81, compared to the broader market-2.000.002.004.006.008.0010.001.812.26
The chart of Omega ratio for IGV, currently valued at 1.25, compared to the broader market0.501.001.502.002.503.001.251.32
The chart of Calmar ratio for IGV, currently valued at 2.23, compared to the broader market0.005.0010.0015.002.231.93
The chart of Martin ratio for IGV, currently valued at 6.08, compared to the broader market0.0020.0040.0060.0080.00100.006.087.18
IGV
FIVG


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
1.36
1.66
IGV
FIVG

Dividends

IGV vs. FIVG - Dividend Comparison

Neither IGV nor FIVG has paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
IGV
iShares Expanded Tech-Software Sector ET
0.00%0.41%0.01%0.00%0.35%0.02%0.16%0.09%0.82%0.22%0.29%0.33%
FIVG
Defiance Next Gen Connectivity ETF
0.88%1.40%0.00%1.17%0.99%0.75%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

IGV vs. FIVG - Drawdown Comparison


-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-5.84%
0
IGV
FIVG

Volatility

IGV vs. FIVG - Volatility Comparison

iShares Expanded Tech-Software Sector ET (IGV) has a higher volatility of 8.18% compared to Defiance Next Gen Connectivity ETF (FIVG) at 0.00%. This indicates that IGV's price experiences larger fluctuations and is considered to be riskier than FIVG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%2.00%4.00%6.00%8.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
8.18%
0
IGV
FIVG
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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