ISRG vs. IXC
ISRG (Intuitive Surgical, Inc.) is a stock, while IXC (iShares Global Energy ETF) is Energy Equities fund tracking the S&P Global Energy Sector Index. Over the past 10 years, ISRG returned 19.48%/yr vs 10.08%/yr for IXC. At a 0.32 correlation, their price movements are largely independent.
Performance
ISRG vs. IXC - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ISRG achieves a -26.05% return, which is significantly lower than IXC's 32.12% return. Over the past 10 years, ISRG has outperformed IXC with an annualized return of 19.48%, while IXC has yielded a comparatively lower 10.08% annualized return.
ISRG
- 1D
- 2.83%
- 1M
- -7.21%
- YTD
- -26.05%
- 6M
- -26.35%
- 1Y
- -24.94%
- 3Y*
- 9.67%
- 5Y*
- 8.61%
- 10Y*
- 19.48%
IXC
- 1D
- -0.07%
- 1M
- -1.98%
- YTD
- 32.12%
- 6M
- 29.58%
- 1Y
- 50.36%
- 3Y*
- 19.06%
- 5Y*
- 19.62%
- 10Y*
- 10.08%
ISRG vs. IXC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ISRG Intuitive Surgical, Inc. | -26.05% | 8.51% | 54.72% | 27.14% | -26.15% | 31.76% | 38.39% | 23.43% | 31.23% | 72.64% |
IXC iShares Global Energy ETF | 32.12% | 13.98% | 1.95% | 3.92% | 48.51% | 40.88% | -31.00% | 12.67% | -14.85% | 5.54% |
Correlation
The correlation between ISRG and IXC is -0.11, 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 | -0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.03 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.13 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Nov 19, 2001 | 0.32 |
The correlation between ISRG and IXC shifts across timeframes, from -0.11 (1 year) to 0.32 (all time), reflecting how their relationship changes across market environments.
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
ISRG vs. IXC — Risk / Return Rank
ISRG
IXC
ISRG vs. IXC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Intuitive Surgical, Inc. (ISRG) and iShares Global Energy ETF (IXC). 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.
| ISRG | IXC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.52 | ||
| Sortino ratioReturn per unit of downside risk | -4.55 | ||
| Omega ratioGain probability vs. loss probability | 0.87 | 1.44 | -0.57 |
| Calmar ratioReturn relative to maximum drawdown | -0.78 | 5.24 | -6.01 |
| Martin ratioReturn relative to average drawdown | -1.56 | 15.73 | -17.29 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| ISRG | IXC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.81 | 2.71 | -3.52 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.26 | 0.84 | -0.58 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.60 | 0.38 | +0.23 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.48 | 0.32 | +0.16 |
Drawdowns
ISRG vs. IXC - Drawdown Comparison
The maximum ISRG drawdown since its inception was -82.26%, which is greater than IXC's maximum drawdown of -67.88%. Use the drawdown chart below to compare losses from any high point for ISRG and IXC.
Loading charts...
Drawdown Indicators
| ISRG | IXC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -82.26% | -67.88% | -14.38% |
Max Drawdown (1Y)Largest decline over 1 year | -32.14% | -9.66% | -22.48% |
Max Drawdown (3Y)Largest decline over 3 years | -34.10% | -19.06% | -15.04% |
Max Drawdown (5Y)Largest decline over 5 years | -49.90% | -24.93% | -24.97% |
Max Drawdown (10Y)Largest decline over 10 years | -49.90% | -64.16% | +14.26% |
Current DrawdownCurrent decline from peak | -31.39% | -4.91% | -26.48% |
Average DrawdownAverage peak-to-trough decline | -21.27% | -17.48% | -3.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.02% | 3.21% | +12.81% |
Volatility
ISRG vs. IXC - Volatility Comparison
Intuitive Surgical, Inc. (ISRG) has a higher volatility of 11.55% compared to iShares Global Energy ETF (IXC) at 7.50%. This indicates that ISRG's price experiences larger fluctuations and is considered to be riskier than IXC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ISRG | IXC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.55% | 7.50% | +4.05% |
Volatility (6M)Calculated over the trailing 6-month period | 20.45% | 15.38% | +5.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.96% | 18.73% | +12.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.17% | 23.50% | +9.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.38% | 26.85% | +5.53% |
Dividends
ISRG vs. IXC - Dividend Comparison
ISRG has not paid dividends to shareholders, while IXC's dividend yield for the trailing twelve months is around 2.79%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ISRG Intuitive Surgical, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IXC iShares Global Energy ETF | 2.79% | 3.68% | 4.56% | 3.45% | 4.76% | 3.98% | 4.86% | 7.00% | 3.51% | 3.05% | 2.86% | 3.77% |
Frequently Asked Questions
ISRG and IXC have a correlation of -0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ISRG has higher volatility (11.55%) compared to IXC (7.50%). In terms of maximum drawdown, ISRG dropped -82.26% vs IXC's -67.88%.
IXC currently has the higher Sharpe Ratio (2.71 vs -0.81), 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 ISRG and IXC
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