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IQM vs. IGM
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

IQM vs. IGM

Last updated May 18, 2025

Compare and contrast key facts about Franklin Intelligent Machines ETF (IQM) and iShares Expanded Tech Sector ETF (IGM).

IQM and IGM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IQM is an actively managed fund by Franklin Templeton. It was launched on Feb 25, 2020. IGM is a passively managed fund by iShares that tracks the performance of the S&P North American Technology Sector Index. It was launched on Mar 13, 2001.

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IQM or IGM.

Correlation

The correlation between IQM and IGM is 0.85, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Performance

IQM vs. IGM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin Intelligent Machines ETF (IQM) and iShares Expanded Tech Sector ETF (IGM). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

IQM:

0.47

IGM:

0.62

Sortino Ratio

IQM:

0.95

IGM:

1.14

Omega Ratio

IQM:

1.13

IGM:

1.16

Calmar Ratio

IQM:

0.61

IGM:

0.77

Martin Ratio

IQM:

1.76

IGM:

2.48

Ulcer Index

IQM:

10.57%

IGM:

8.20%

Daily Std Dev

IQM:

34.93%

IGM:

29.11%

Max Drawdown

IQM:

-44.91%

IGM:

-65.59%

Current Drawdown

IQM:

-4.93%

IGM:

-4.49%

Returns By Period

In the year-to-date period, IQM achieves a 2.99% return, which is significantly higher than IGM's 1.47% return.

IQM

YTD

2.99%

1M

24.13%

6M

5.47%

1Y

16.84%

5Y*

22.12%

10Y*

N/A

IGM

YTD

1.47%

1M

21.77%

6M

5.15%

1Y

18.04%

5Y*

19.83%

10Y*

19.81%

*Annualized

Compare stocks, funds, or ETFs

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IQM vs. IGM - Expense Ratio Comparison

IQM has a 0.50% expense ratio, which is higher than IGM's 0.46% expense ratio.

IQM
Franklin Intelligent Machines ETF
IGM
iShares Expanded Tech Sector ETF

Risk-Adjusted Performance

IQM vs. IGM — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IQM
The Risk-Adjusted Performance Rank of IQM is 5353
Overall Rank
The Sharpe Ratio Rank of IQM is 4646
Sharpe Ratio Rank
The Sortino Ratio Rank of IQM is 5555
Sortino Ratio Rank
The Omega Ratio Rank of IQM is 5353
Omega Ratio Rank
The Calmar Ratio Rank of IQM is 6161
Calmar Ratio Rank
The Martin Ratio Rank of IQM is 4949
Martin Ratio Rank
IGM
The Risk-Adjusted Performance Rank of IGM is 6565
Overall Rank
The Sharpe Ratio Rank of IGM is 6060
Sharpe Ratio Rank
The Sortino Ratio Rank of IGM is 6666
Sortino Ratio Rank
The Omega Ratio Rank of IGM is 6666
Omega Ratio Rank
The Calmar Ratio Rank of IGM is 7070
Calmar Ratio Rank
The Martin Ratio Rank of IGM is 6262
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

IQM vs. IGM - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin Intelligent Machines ETF (IQM) and iShares Expanded Tech Sector ETF (IGM). 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.

The current IQM Sharpe Ratio is 0.47, which is comparable to the IGM Sharpe Ratio of 0.62. The chart below compares the historical Sharpe Ratios of IQM and IGM, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Dividends

IQM vs. IGM - Dividend Comparison

IQM has not paid dividends to shareholders, while IGM's dividend yield for the trailing twelve months is around 0.23%.

TTM20242023202220212020201920182017201620152014
IQM
Franklin Intelligent Machines ETF		0.00%0.00%0.00%0.00%0.17%0.01%0.00%0.00%0.00%0.00%0.00%0.00%
IGM
iShares Expanded Tech Sector ETF		0.23%0.22%0.52%0.53%0.16%0.32%0.50%0.57%0.57%0.90%0.79%0.88%

Drawdowns

IQM vs. IGM - Drawdown Comparison

The maximum IQM drawdown since its inception was -44.91%, smaller than the maximum IGM drawdown of -65.59%. Use the drawdown chart below to compare losses from any high point for IQM and IGM. For additional features, visit the drawdowns tool.

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Volatility

IQM vs. IGM - Volatility Comparison

Franklin Intelligent Machines ETF (IQM) has a higher volatility of 8.06% compared to iShares Expanded Tech Sector ETF (IGM) at 7.65%. This indicates that IQM's price experiences larger fluctuations and is considered to be riskier than IGM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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