IGV vs. IYK

Last updated Jun 13, 2026

IGV (iShares Expanded Tech-Software Sector ETF) and IYK (iShares U.S. Consumer Goods ETF) are both exchange-traded funds - IGV is a Technology Equities fund tracking the S&P North American Expanded Technology Software Index, while IYK is a Consumer Staples Equities fund tracking the Dow Jones U.S. Consumer Goods Index. Both are passively managed. Over the past 10 years, IGV returned 15.87%/yr vs 9.42%/yr for IYK. A 0.51 correlation means they provide meaningful diversification when combined. IGV charges 0.39%/yr vs 0.42%/yr for IYK.

Performance

IGV vs. IYK - 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. Consumer Goods ETF (IYK). 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 IYK's 10.91% return. Over the past 10 years, IGV has outperformed IYK with an annualized return of 15.87%, while IYK has yielded a comparatively lower 9.42% 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%

IYK

• 1D: 0.70%
• 1M: 2.21%
• YTD: 10.91%
• 6M: 10.35%
• 1Y: 6.29%
• 3Y*: 6.56%
• 5Y*: 6.67%
• 10Y*: 9.42%

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

IGV vs. IYK - 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%
IYK iShares U.S. Consumer Goods ETF	10.91%	4.78%	5.27%	-2.84%	3.57%	17.32%	32.65%	28.12%	-13.84%	16.53%

Correlation

The correlation between IGV and IYK is -0.29, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.29
Correlation (3Y) Calculated over the trailing 3-year period	-0.06
Correlation (5Y) Calculated over the trailing 5-year period	0.10
Correlation (10Y) Calculated over the trailing 10-year period	0.34
Correlation (All Time) Calculated using the full available price history since Jul 13, 2001	0.51

The correlation between IGV and IYK shifts across timeframes, from -0.29 (1 year) to 0.51 (all time), reflecting how their relationship changes across market environments.

IGV vs. IYK - Sectors Allocation Comparison

Sectors	IGV	IYK
Technology	89.2%	-
Communication Services	8.6%	-
Financial Services	1.8%	-
Consumer Cyclical	0.3%	1.5%
Industrials	0.2%	0.1%
Basic Materials	-	2.7%
Consumer Defensive	-	84.9%
Energy	-	-
Healthcare	-	10.9%
Real Estate	-	-
Utilities	-	-

Return for Risk

IGV vs. IYK — 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

IYK

IYK Risk / Return Rank: 17
IYK Sharpe Ratio Rank: 18
IYK Sortino Ratio Rank: 17
IYK Omega Ratio Rank: 17
IYK Calmar Ratio Rank: 17
IYK Martin Ratio Rank: 16

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. IYK - 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. Consumer Goods ETF (IYK). 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	IYK	Difference
Sharpe ratio: Return per unit of total volatility	-0.55	0.50	-1.05
Sortino ratio: Return per unit of downside risk	-0.61	0.80	-1.41
Omega ratio: Gain probability vs. loss probability	0.93	1.09	-0.17
Calmar ratio: Return relative to maximum drawdown	-0.42	0.59	-1.01
Martin ratio: Return relative to average drawdown	-0.87	1.23	-2.10

IGV vs. IYK - Sharpe Ratio Comparison

The current IGV Sharpe Ratio is -0.55, which is lower than the IYK Sharpe Ratio of 0.50. The chart below compares the historical Sharpe Ratios of IGV and IYK, 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. IYK - Drawdown Comparison

The maximum IGV drawdown since its inception was -63.45%, which is greater than IYK's maximum drawdown of -42.64%. Use the drawdown chart below to compare losses from any high point for IGV and IYK.

Drawdown Indicators

	IGV	IYK	Difference
Max Drawdown Largest peak-to-trough decline	-63.45%	-42.64%	-20.81%
Max Drawdown (1Y) Largest decline over 1 year	-36.61%	-10.68%	-25.93%
Max Drawdown (3Y) Largest decline over 3 years	-36.61%	-12.14%	-24.47%
Max Drawdown (5Y) Largest decline over 5 years	-45.85%	-15.05%	-30.80%
Max Drawdown (10Y) Largest decline over 10 years	-45.85%	-33.19%	-12.66%
Current Drawdown Current decline from peak	-23.00%	-4.40%	-18.60%
Average Drawdown Average peak-to-trough decline	-14.45%	-5.07%	-9.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	17.55%	5.13%	+12.42%

Volatility

IGV vs. IYK - Volatility Comparison

iShares Expanded Tech-Software Sector ETF (IGV) has a higher volatility of 12.57% compared to iShares U.S. Consumer Goods ETF (IYK) at 4.75%. This indicates that IGV's price experiences larger fluctuations and is considered to be riskier than IYK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IGV	IYK	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.57%	4.75%	+7.82%
Volatility (6M) Calculated over the trailing 6-month period	24.80%	9.77%	+15.03%
Volatility (1Y) Calculated over the trailing 1-year period	28.06%	12.59%	+15.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.92%	13.05%	+14.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.39%	15.53%	+10.86%

IGV vs. IYK - Expense Ratio Comparison

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

Dividends

IGV vs. IYK - Dividend Comparison

IGV has not paid dividends to shareholders, while IYK's dividend yield for the trailing twelve months is around 2.56%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
IYK iShares U.S. Consumer Goods ETF	2.56%	2.75%	2.63%	2.74%	2.16%	1.49%	1.42%	2.21%	2.81%	1.74%	2.63%	2.11%

Frequently Asked Questions

Can I hold both IGV and IYK in my portfolio?

IGV and IYK have a correlation of -0.29, 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 IYK?

IGV has higher volatility (12.57%) compared to IYK (4.75%). In terms of maximum drawdown, IGV dropped -63.45% vs IYK's -42.64%.

Which ETF is better, IGV or IYK?

On 10-year performance, IGV leads with 15.87% vs 9.42% for IYK. On fees, IGV is cheaper at 0.39% per year. On volatility, IYK has been the lower-risk option at 4.75%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IGV or IYK?

Over the 10-year period, IGV has performed better with a 15.87% return vs 9.42%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IGV or IYK?

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

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

IYK has the higher dividend yield at 2.56%, compared with 0.00% for IGV.

What is the main difference between IGV and IYK?

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

Which has better risk-adjusted returns?

IYK currently has the higher Sharpe Ratio (0.50 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.