IGV vs. V
IGV (iShares Expanded Tech-Software Sector ETF) is Technology Equities fund tracking the S&P North American Expanded Technology Software Index, while V (Visa Inc.) is a stock. Over the past 10 years, IGV returned 15.60%/yr vs 17.08%/yr for V. A 0.56 correlation means they provide meaningful diversification when combined.
Performance
IGV vs. V - Performance Comparison
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Returns By Period
In the year-to-date period, IGV achieves a -12.01% return, which is significantly lower than V's 3.24% return. Over the past 10 years, IGV has underperformed V with an annualized return of 15.60%, while V has yielded a comparatively higher 17.08% 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%
V
- 1D
- 0.56%
- 1M
- 10.19%
- 6M
- 10.28%
- YTD
- 3.24%
- 1Y
- 4.12%
- 3Y*
- 15.53%
- 5Y*
- 8.97%
- 10Y*
- 17.08%
- ALL TIME*
- 19.84%
IGV vs. V - 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% |
V Visa Inc. | 3.24% | 11.76% | 22.32% | 26.31% | -3.40% | -0.31% | 17.12% | 43.33% | 16.49% | 47.18% |
Correlation
The correlation between IGV and V 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 | 0.35 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.46 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.56 |
Correlation (All Time) Calculated using the full available price history since Mar 19, 2008 | 0.56 |
Over the past year, the correlation between IGV and V has dropped to 0.23 - well below their long-term average of 0.56, suggesting their price drivers have been diverging.
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Return for Risk
IGV vs. V — Risk / Return Rank
IGV
V
IGV vs. V - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Expanded Tech-Software Sector ETF (IGV) and Visa Inc. (V). 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 | V | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.76 | ||
| Sortino ratioReturn per unit of downside risk | -1.10 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 1.05 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | -0.45 | 0.24 | -0.69 |
| Martin ratioReturn relative to average drawdown | -0.86 | 0.52 | -1.38 |
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Drawdowns
IGV vs. V - Drawdown Comparison
The maximum IGV drawdown since its inception was -63.45%, which is greater than V's maximum drawdown of -51.90%. Use the drawdown chart below to compare losses from any high point for IGV and V.
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Drawdown Indicators
| IGV | V | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.45% | -51.90% | -11.55% |
Max Drawdown (1Y)Largest decline over 1 year | -36.61% | -17.18% | -19.43% |
Max Drawdown (3Y)Largest decline over 3 years | -36.61% | -20.38% | -16.23% |
Max Drawdown (5Y)Largest decline over 5 years | -45.85% | -28.60% | -17.25% |
Max Drawdown (10Y)Largest decline over 10 years | -45.85% | -36.36% | -9.49% |
Current DrawdownCurrent decline from peak | -21.05% | -2.65% | -18.40% |
Average DrawdownAverage peak-to-trough decline | -14.48% | -8.26% | -6.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.89% | 7.98% | +10.91% |
Volatility
IGV vs. V - Volatility Comparison
iShares Expanded Tech-Software Sector ETF (IGV) has a higher volatility of 7.17% compared to Visa Inc. (V) at 6.74%. This indicates that IGV's price experiences larger fluctuations and is considered to be riskier than V based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IGV | V | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.17% | 6.74% | +0.43% |
Volatility (6M)Calculated over the trailing 6-month period | 25.18% | 17.06% | +8.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.69% | 21.96% | +6.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.08% | 22.93% | +5.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.41% | 24.45% | +1.96% |
Dividends
IGV vs. V - Dividend Comparison
IGV's dividend yield for the trailing twelve months is around 0.02%, less than V's 0.72% 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% |
V Visa Inc. | 0.72% | 0.70% | 0.68% | 0.72% | 0.76% | 0.62% | 0.56% | 0.56% | 0.67% | 0.61% | 0.75% | 0.64% |
Frequently Asked Questions
IGV and V 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.
IGV has higher volatility (7.17%) compared to V (6.74%). In terms of maximum drawdown, IGV dropped -63.45% vs V's -51.90%.
V currently has the higher Sharpe Ratio (0.19 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.
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