IGV vs. ROK
IGV (iShares Expanded Tech-Software Sector ET) is Technology Equities fund tracking the S&P North American Technology-Software Index, while ROK (Rockwell Automation, Inc.) is a stock. Over the past 10 years, IGV returned 16.89%/yr vs 16.75%/yr for ROK. A 0.54 correlation means they provide meaningful diversification when combined.
Performance
IGV vs. ROK - Performance Comparison
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Returns By Period
In the year-to-date period, IGV achieves a -5.19% return, which is significantly lower than ROK's 19.45% return. Both investments have delivered pretty close results over the past 10 years, with IGV having a 16.89% annualized return and ROK not far behind at 16.75%.
IGV
- 1D
- -4.33%
- 1M
- 13.30%
- YTD
- -5.19%
- 6M
- -6.07%
- 1Y
- -4.56%
- 3Y*
- 14.91%
- 5Y*
- 6.80%
- 10Y*
- 16.89%
ROK
- 1D
- -0.36%
- 1M
- 15.70%
- YTD
- 19.45%
- 6M
- 16.08%
- 1Y
- 47.89%
- 3Y*
- 18.35%
- 5Y*
- 12.75%
- 10Y*
- 16.75%
IGV vs. ROK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IGV iShares Expanded Tech-Software Sector ET | -5.19% | 5.56% | 23.41% | 58.56% | -35.65% | 12.30% | 52.86% | 34.33% | 12.44% | 42.16% |
ROK Rockwell Automation, Inc. | 19.45% | 38.36% | -6.23% | 22.63% | -24.78% | 41.21% | 26.17% | 37.85% | -21.79% | 48.87% |
Correlation
The correlation between IGV and ROK is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.41 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.51 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.48 |
Correlation (All Time) Calculated using the full available price history since Jul 16, 2001 | 0.54 |
Over the past year, the correlation between IGV and ROK has dropped to 0.23 - well below their long-term average of 0.54, suggesting their price drivers have been diverging.
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Return for Risk
IGV vs. ROK — Risk / Return Rank
IGV
ROK
IGV vs. ROK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Expanded Tech-Software Sector ET (IGV) and Rockwell Automation, Inc. (ROK). 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.
| IGV | ROK | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.88 | ||
| Sortino ratioReturn per unit of downside risk | -2.47 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.30 | -0.31 |
| Calmar ratioReturn relative to maximum drawdown | -0.13 | 2.57 | -2.69 |
| Martin ratioReturn relative to average drawdown | -0.27 | 8.14 | -8.40 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| IGV | ROK | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.17 | 1.71 | -1.88 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.25 | 0.40 | -0.16 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.64 | 0.53 | +0.11 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.37 | 0.43 | -0.06 |
Drawdowns
IGV vs. ROK - Drawdown Comparison
The maximum IGV drawdown since its inception was -63.45%, smaller than the maximum ROK drawdown of -75.83%. Use the drawdown chart below to compare losses from any high point for IGV and ROK.
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Drawdown Indicators
| IGV | ROK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.45% | -75.83% | +12.38% |
Max Drawdown (1Y)Largest decline over 1 year | -36.61% | -18.73% | -17.88% |
Max Drawdown (3Y)Largest decline over 3 years | -36.61% | -34.84% | -1.77% |
Max Drawdown (5Y)Largest decline over 5 years | -45.85% | -45.09% | -0.76% |
Max Drawdown (10Y)Largest decline over 10 years | -45.85% | -45.09% | -0.76% |
Current DrawdownCurrent decline from peak | -14.93% | -0.36% | -14.57% |
Average DrawdownAverage peak-to-trough decline | -14.44% | -14.88% | +0.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.22% | 5.90% | +11.32% |
Volatility
IGV vs. ROK - Volatility Comparison
iShares Expanded Tech-Software Sector ET (IGV) and Rockwell Automation, Inc. (ROK) have volatilities of 11.63% and 12.19%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IGV | ROK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.63% | 12.19% | -0.56% |
Volatility (6M)Calculated over the trailing 6-month period | 24.39% | 23.07% | +1.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.61% | 28.16% | -0.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.86% | 31.69% | -3.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.35% | 31.42% | -5.07% |
Dividends
IGV vs. ROK - Dividend Comparison
IGV has not paid dividends to shareholders, while ROK's dividend yield for the trailing twelve months is around 1.18%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IGV iShares Expanded Tech-Software Sector ET | 0.00% | 0.00% | 0.00% | 0.01% | 0.01% | 0.00% | 0.35% | 0.02% | 0.16% | 0.09% | 0.82% | 0.22% |
ROK Rockwell Automation, Inc. | 1.18% | 1.36% | 1.77% | 1.54% | 1.76% | 1.24% | 1.65% | 1.94% | 2.42% | 1.59% | 2.18% | 2.61% |
Frequently Asked Questions
IGV and ROK have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ROK has higher volatility (12.19%) compared to IGV (11.63%). In terms of maximum drawdown, IGV dropped -63.45% vs ROK's -75.83%.
ROK currently has the higher Sharpe Ratio (1.71 vs -0.17), 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.
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