IGV vs. IWF
Compare and contrast key facts about iShares Expanded Tech-Software Sector ET (IGV) and iShares Russell 1000 Growth ETF (IWF).
IGV and IWF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IGV is a passively managed fund by iShares that tracks the performance of the S&P North American Technology-Software Index. It was launched on Jul 10, 2001. IWF is a passively managed fund by iShares that tracks the performance of the Russell 1000 Growth Index. It was launched on May 22, 2000. Both IGV and IWF are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IGV or IWF.
Key characteristics
| IGV | IWF | |
|---|---|---|
| YTD Return | -1.50% | 7.55% |
| 1Y Return | 38.38% | 34.69% |
| 3Y Return (Ann) | 3.95% | 8.75% |
| 5Y Return (Ann) | 13.44% | 16.43% |
| 10Y Return (Ann) | 18.89% | 15.35% |
| Sharpe Ratio | 1.88 | 2.26 |
| Daily Std Dev | 19.72% | 15.03% |
| Max Drawdown | -92.69% | -64.18% |
| Current Drawdown | -10.45% | -3.94% |
Correlation
The correlation between IGV and IWF is 0.84, 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.
Performance
IGV vs. IWF - Performance Comparison
In the year-to-date period, IGV achieves a -1.50% return, which is significantly lower than IWF's 7.55% return. Over the past 10 years, IGV has outperformed IWF with an annualized return of 18.89%, while IWF has yielded a comparatively lower 15.35% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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IGV vs. IWF - Expense Ratio Comparison
IGV has a 0.46% expense ratio, which is higher than IWF's 0.19% expense ratio.
Risk-Adjusted Performance
IGV vs. IWF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Expanded Tech-Software Sector ET (IGV) and iShares Russell 1000 Growth ETF (IWF). 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.
Dividends
IGV vs. IWF - Dividend Comparison
IGV's dividend yield for the trailing twelve months is around 0.45%, less than IWF's 0.60% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IGV iShares Expanded Tech-Software Sector ET | 0.45% | 0.44% | 0.04% | 0.00% | 1.75% | 0.10% | 0.80% | 0.46% | 4.09% | 1.11% | 1.45% | 1.64% |
IWF iShares Russell 1000 Growth ETF | 0.60% | 0.67% | 0.91% | 0.49% | 0.66% | 0.99% | 1.27% | 1.10% | 1.43% | 1.37% | 1.32% | 1.29% |
Drawdowns
IGV vs. IWF - Drawdown Comparison
The maximum IGV drawdown since its inception was -92.69%, which is greater than IWF's maximum drawdown of -64.18%. Use the drawdown chart below to compare losses from any high point for IGV and IWF. For additional features, visit the drawdowns tool.
Volatility
IGV vs. IWF - Volatility Comparison
iShares Expanded Tech-Software Sector ET (IGV) has a higher volatility of 5.70% compared to iShares Russell 1000 Growth ETF (IWF) at 5.37%. This indicates that IGV's price experiences larger fluctuations and is considered to be riskier than IWF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.