IGV vs. WMT
IGV (iShares Expanded Tech-Software Sector ETF) is Technology Equities fund tracking the S&P North American Expanded Technology Software Index, while WMT (Walmart Inc.) is a stock. Over the past 10 years, IGV returned 15.60%/yr vs 18.44%/yr for WMT. At a 0.32 correlation, their price movements are largely independent.
Performance
IGV vs. WMT - 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 WMT's 1.11% return. Over the past 10 years, IGV has underperformed WMT with an annualized return of 15.60%, while WMT has yielded a comparatively higher 18.44% 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%
WMT
- 1D
- -1.79%
- 1M
- -4.25%
- 6M
- -5.89%
- YTD
- 1.11%
- 1Y
- 19.03%
- 3Y*
- 29.98%
- 5Y*
- 20.51%
- 10Y*
- 18.44%
- ALL TIME*
- 18.39%
IGV vs. WMT - 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% |
WMT Walmart Inc. | 1.11% | 24.49% | 73.99% | 12.88% | -0.46% | 1.97% | 23.32% | 30.16% | -3.43% | 46.56% |
Correlation
The correlation between IGV and WMT is -0.22, 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 | -0.22 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.07 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.17 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.21 |
Correlation (All Time) Calculated using the full available price history since Jul 13, 2001 | 0.32 |
The correlation between IGV and WMT shifts across timeframes, from -0.22 (1 year) to 0.32 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
IGV vs. WMT — Risk / Return Rank
IGV
WMT
IGV vs. WMT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Expanded Tech-Software Sector ETF (IGV) and Walmart Inc. (WMT). 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 | WMT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.35 | ||
| Sortino ratioReturn per unit of downside risk | -1.89 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 1.16 | -0.24 |
| Calmar ratioReturn relative to maximum drawdown | -0.45 | 1.01 | -1.46 |
| Martin ratioReturn relative to average drawdown | -0.86 | 2.88 | -3.74 |
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Drawdowns
IGV vs. WMT - Drawdown Comparison
The maximum IGV drawdown since its inception was -63.45%, smaller than the maximum WMT drawdown of -77.14%. Use the drawdown chart below to compare losses from any high point for IGV and WMT.
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Drawdown Indicators
| IGV | WMT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.45% | -77.14% | +13.69% |
Max Drawdown (1Y)Largest decline over 1 year | -36.61% | -18.91% | -17.70% |
Max Drawdown (3Y)Largest decline over 3 years | -36.61% | -21.93% | -14.68% |
Max Drawdown (5Y)Largest decline over 5 years | -45.85% | -25.74% | -20.11% |
Max Drawdown (10Y)Largest decline over 10 years | -45.85% | -25.74% | -20.11% |
Current DrawdownCurrent decline from peak | -21.05% | -16.39% | -4.66% |
Average DrawdownAverage peak-to-trough decline | -14.48% | -14.63% | +0.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.89% | 6.63% | +12.26% |
Volatility
IGV vs. WMT - Volatility Comparison
iShares Expanded Tech-Software Sector ETF (IGV) and Walmart Inc. (WMT) have volatilities of 7.17% and 7.51%, 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 | WMT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.17% | 7.51% | -0.34% |
Volatility (6M)Calculated over the trailing 6-month period | 25.18% | 19.19% | +5.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.69% | 24.48% | +4.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.08% | 21.88% | +6.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.41% | 21.87% | +4.54% |
Dividends
IGV vs. WMT - Dividend Comparison
IGV's dividend yield for the trailing twelve months is around 0.02%, less than WMT's 0.86% 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% |
WMT Walmart Inc. | 0.86% | 0.84% | 0.92% | 1.45% | 1.58% | 1.52% | 1.50% | 1.78% | 2.23% | 2.07% | 2.89% | 3.20% |
Frequently Asked Questions
IGV and WMT have a correlation of -0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WMT has higher volatility (7.51%) compared to IGV (7.17%). In terms of maximum drawdown, IGV dropped -63.45% vs WMT's -77.14%.
WMT currently has the higher Sharpe Ratio (0.78 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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