IGV vs. NVDA
IGV (iShares Expanded Tech-Software Sector ETF) is Technology Equities fund tracking the S&P North American Expanded Technology Software Index, while NVDA (NVIDIA Corporation) is a stock. Over the past 10 years, IGV returned 15.60%/yr vs 65.23%/yr for NVDA. A 0.61 correlation means they provide meaningful diversification when combined.
Performance
IGV vs. NVDA - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IGV achieves a -12.01% return, which is significantly lower than NVDA's 9.13% return. Over the past 10 years, IGV has underperformed NVDA with an annualized return of 15.60%, while NVDA has yielded a comparatively higher 65.23% annualized return.
IGV
- 1D
- 0.19%
- 1M
- 4.37%
- 6M
- -5.40%
- YTD
- -12.01%
- 1Y
- -16.26%
- 3Y*
- 9.01%
- 5Y*
- 3.20%
- 10Y*
- 15.60%
- ALL TIME*
- 9.30%
NVDA
- 1D
- 0.23%
- 1M
- -3.52%
- 6M
- 9.29%
- YTD
- 9.13%
- 1Y
- 18.06%
- 3Y*
- 66.27%
- 5Y*
- 60.07%
- 10Y*
- 65.23%
- ALL TIME*
- 36.39%
IGV vs. NVDA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IGV iShares Expanded Tech-Software Sector ETF | -12.01% | 5.56% | 23.41% | 58.56% | -35.65% | 12.30% | 52.86% | 34.33% | 12.44% | 42.16% |
NVDA NVIDIA Corporation | 9.13% | 38.92% | 171.25% | 239.02% | -50.26% | 125.48% | 122.30% | 76.94% | -30.82% | 81.99% |
Correlation
The correlation between IGV and NVDA is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.35 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.50 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.64 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.64 |
Correlation (All Time) Calculated using the full available price history since Jul 13, 2001 | 0.61 |
Over the past year, the correlation between IGV and NVDA has dropped to 0.34 - well below their long-term average of 0.61, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IGV vs. NVDA — Risk / Return Rank
IGV
NVDA
IGV vs. NVDA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Expanded Tech-Software Sector ETF (IGV) and NVIDIA Corporation (NVDA). 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 | NVDA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.08 | ||
| Sortino ratioReturn per unit of downside risk | -1.60 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 1.11 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | -0.45 | 0.90 | -1.34 |
| Martin ratioReturn relative to average drawdown | -0.86 | 1.90 | -2.77 |
Loading charts...
Drawdowns
IGV vs. NVDA - Drawdown Comparison
The maximum IGV drawdown since its inception was -63.45%, smaller than the maximum NVDA drawdown of -89.72%. Use the drawdown chart below to compare losses from any high point for IGV and NVDA.
Loading charts...
Drawdown Indicators
| IGV | NVDA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.45% | -89.72% | +26.27% |
Max Drawdown (1Y)Largest decline over 1 year | -36.61% | -20.21% | -16.40% |
Max Drawdown (3Y)Largest decline over 3 years | -36.61% | -36.88% | +0.27% |
Max Drawdown (5Y)Largest decline over 5 years | -45.85% | -66.34% | +20.49% |
Max Drawdown (10Y)Largest decline over 10 years | -45.85% | -66.34% | +20.49% |
Current DrawdownCurrent decline from peak | -21.05% | -13.67% | -7.38% |
Average DrawdownAverage peak-to-trough decline | -14.48% | -36.10% | +21.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.89% | 9.50% | +9.39% |
Volatility
IGV vs. NVDA - Volatility Comparison
The current volatility for iShares Expanded Tech-Software Sector ETF (IGV) is 7.17%, while NVIDIA Corporation (NVDA) has a volatility of 10.95%. This indicates that IGV experiences smaller price fluctuations and is considered to be less risky than NVDA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IGV | NVDA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.17% | 10.95% | -3.78% |
Volatility (6M)Calculated over the trailing 6-month period | 25.18% | 27.74% | -2.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.69% | 35.88% | -7.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.08% | 51.81% | -23.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.41% | 49.92% | -23.51% |
Dividends
IGV vs. NVDA - Dividend Comparison
IGV's dividend yield for the trailing twelve months is around 0.02%, less than NVDA's 0.14% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
NVDA NVIDIA Corporation | 0.14% | 0.02% | 0.03% | 0.03% | 0.11% | 0.05% | 0.12% | 0.27% | 0.46% | 0.29% | 0.45% | 1.20% |
Frequently Asked Questions
IGV and NVDA have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NVDA has higher volatility (10.95%) compared to IGV (7.17%). In terms of maximum drawdown, IGV dropped -63.45% vs NVDA's -89.72%.
NVDA currently has the higher Sharpe Ratio (0.51 vs -0.57), 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.
Find the right allocation for IGV and NVDA
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer