IGV vs. IDU

Last updated Jun 13, 2026

IGV (iShares Expanded Tech-Software Sector ETF) and IDU (iShares U.S. Utilities ETF) are both exchange-traded funds - IGV is a Technology Equities fund tracking the S&P North American Expanded Technology Software Index, while IDU is a Utilities Equities fund tracking the Dow Jones U.S. Utilities Index. Both are passively managed. Over the past 10 years, IGV returned 15.87%/yr vs 8.77%/yr for IDU. At a 0.35 correlation, their price movements are largely independent. IGV charges 0.39%/yr vs 0.42%/yr for IDU.

Performance

IGV vs. IDU - Performance Comparison

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

Returns By Period

In the year-to-date period, IGV achieves a -14.18% return, which is significantly lower than IDU's 4.44% return. Over the past 10 years, IGV has outperformed IDU with an annualized return of 15.87%, while IDU has yielded a comparatively lower 8.77% annualized return.

IGV

• 1D: -0.24%
• 1M: 2.37%
• YTD: -14.18%
• 6M: -16.00%
• 1Y: -15.27%
• 3Y*: 10.04%
• 5Y*: 3.91%
• 10Y*: 15.87%

IDU

• 1D: 1.08%
• 1M: -0.15%
• YTD: 4.44%
• 6M: 4.87%
• 1Y: 9.46%
• 3Y*: 13.84%
• 5Y*: 9.15%
• 10Y*: 8.77%

*Multi-year figures are annualized to reflect compound growth (CAGR)

IGV vs. IDU - 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%
IDU iShares U.S. Utilities ETF	4.44%	15.23%	23.23%	-5.02%	0.17%	16.96%	-1.07%	24.21%	3.93%	11.94%

Correlation

The correlation between IGV and IDU is -0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.09
Correlation (3Y) Calculated over the trailing 3-year period	0.06
Correlation (5Y) Calculated over the trailing 5-year period	0.18
Correlation (10Y) Calculated over the trailing 10-year period	0.19
Correlation (All Time) Calculated using the full available price history since Jul 13, 2001	0.35

The correlation between IGV and IDU shifts across timeframes, from -0.09 (1 year) to 0.35 (all time), reflecting how their relationship changes across market environments.

IGV vs. IDU - Sectors Allocation Comparison

Sectors	IGV	IDU
Technology	89.2%	-
Communication Services	8.6%	-
Financial Services	1.8%	-
Consumer Cyclical	0.3%	-
Industrials	0.2%	8.7%
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	0.5%
Healthcare	-	-
Real Estate	-	-
Utilities	-	90.3%

Return for Risk

IGV vs. IDU — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IGV

IGV Risk / Return Rank: 5
IGV Sharpe Ratio Rank: 5
IGV Sortino Ratio Rank: 5
IGV Omega Ratio Rank: 5
IGV Calmar Ratio Rank: 6
IGV Martin Ratio Rank: 6

IDU

IDU Risk / Return Rank: 22
IDU Sharpe Ratio Rank: 22
IDU Sortino Ratio Rank: 21
IDU Omega Ratio Rank: 21
IDU Calmar Ratio Rank: 25
IDU Martin Ratio Rank: 22

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. IDU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Expanded Tech-Software Sector ETF (IGV) and iShares U.S. Utilities ETF (IDU). 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	IDU	Difference
Sharpe ratio: Return per unit of total volatility	-0.55	0.68	-1.23
Sortino ratio: Return per unit of downside risk	-0.61	1.01	-1.62
Omega ratio: Gain probability vs. loss probability	0.93	1.13	-0.20
Calmar ratio: Return relative to maximum drawdown	-0.42	1.04	-1.46
Martin ratio: Return relative to average drawdown	-0.87	2.35	-3.22

IGV vs. IDU - Sharpe Ratio Comparison

The current IGV Sharpe Ratio is -0.55, which is lower than the IDU Sharpe Ratio of 0.68. The chart below compares the historical Sharpe Ratios of IGV and IDU, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

IGV vs. IDU - Drawdown Comparison

The maximum IGV drawdown since its inception was -63.45%, which is greater than IDU's maximum drawdown of -53.88%. Use the drawdown chart below to compare losses from any high point for IGV and IDU.

Drawdown Indicators

	IGV	IDU	Difference
Max Drawdown Largest peak-to-trough decline	-63.45%	-53.88%	-9.57%
Max Drawdown (1Y) Largest decline over 1 year	-36.61%	-9.15%	-27.46%
Max Drawdown (3Y) Largest decline over 3 years	-36.61%	-16.74%	-19.87%
Max Drawdown (5Y) Largest decline over 5 years	-45.85%	-24.11%	-21.74%
Max Drawdown (10Y) Largest decline over 10 years	-45.85%	-36.18%	-9.67%
Current Drawdown Current decline from peak	-23.00%	-6.24%	-16.76%
Average Drawdown Average peak-to-trough decline	-14.45%	-11.38%	-3.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	17.55%	4.04%	+13.51%

Volatility

IGV vs. IDU - Volatility Comparison

iShares Expanded Tech-Software Sector ETF (IGV) has a higher volatility of 12.57% compared to iShares U.S. Utilities ETF (IDU) at 5.25%. This indicates that IGV's price experiences larger fluctuations and is considered to be riskier than IDU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IGV	IDU	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.57%	5.25%	+7.32%
Volatility (6M) Calculated over the trailing 6-month period	24.80%	11.13%	+13.67%
Volatility (1Y) Calculated over the trailing 1-year period	28.06%	13.93%	+14.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.92%	16.52%	+11.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.39%	18.73%	+7.66%

IGV vs. IDU - Expense Ratio Comparison

IGV has a 0.39% expense ratio, which is lower than IDU's 0.42% expense ratio.

Dividends

IGV vs. IDU - Dividend Comparison

IGV has not paid dividends to shareholders, while IDU's dividend yield for the trailing twelve months is around 2.20%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IDU iShares U.S. Utilities ETF	2.20%	2.23%	2.29%	2.79%	2.39%	2.39%	2.94%	2.71%	2.80%	2.62%	3.18%	4.22%
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

Can I hold both IGV and IDU in my portfolio?

IGV and IDU have a correlation of -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IGV or IDU?

IGV has higher volatility (12.57%) compared to IDU (5.25%). In terms of maximum drawdown, IGV dropped -63.45% vs IDU's -53.88%.

Which ETF is better, IGV or IDU?

On 10-year performance, IGV leads with 15.87% vs 8.77% for IDU. On fees, IGV is cheaper at 0.39% per year. On volatility, IDU has been the lower-risk option at 5.25%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IGV or IDU?

Over the 10-year period, IGV has performed better with a 15.87% return vs 8.77%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IGV or IDU?

IGV is cheaper with a 0.39% expense ratio, compared with 0.42% for IDU.

Which ETF pays a higher dividend yield, IGV or IDU?

IDU has the higher dividend yield at 2.20%, compared with 0.00% for IGV.

What is the main difference between IGV and IDU?

IGV is categorized as Technology Equities, while IDU is Utilities Equities. IGV tracks S&P North American Expanded Technology Software Index, while IDU tracks Dow Jones U.S. Utilities Index. Their fees differ too: 0.39% for IGV and 0.42% for IDU.

Which has better risk-adjusted returns?

IDU currently has the higher Sharpe Ratio (0.68 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.