IUSG vs. AFRAX
IUSG (iShares Core S&P U.S. Growth ETF) and AFRAX (Invesco Floating Rate ESG Fund) are both funds - IUSG is a Large Cap Growth Equities fund tracking the S&P 900 Growth Index, while AFRAX is a Bank Loan fund managed by Invesco. Over the past 10 years, IUSG returned 17.20%/yr vs 4.34%/yr for AFRAX. Their 0.14 correlation means their historical movements had little consistent relationship. IUSG charges 0.04%/yr vs 1.04%/yr for AFRAX.
Performance
IUSG vs. AFRAX - Performance Comparison
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Returns By Period
In the year-to-date period, IUSG achieves a 12.72% return, which is significantly higher than AFRAX's 0.73% return. Over the past 10 years, IUSG has outperformed AFRAX with an annualized return of 17.20%, while AFRAX has yielded a comparatively lower 4.34% annualized return.
IUSG
- 1D
- 2.17%
- 1M
- 1.92%
- 6M
- 11.50%
- YTD
- 12.72%
- 1Y
- 24.41%
- 3Y*
- 25.35%
- 5Y*
- 13.30%
- 10Y*
- 17.20%
- ALL TIME*
- 8.19%
AFRAX
- 1D
- 0.00%
- 1M
- 0.00%
- 6M
- 1.06%
- YTD
- 0.73%
- 1Y
- 2.11%
- 3Y*
- 5.25%
- 5Y*
- 4.41%
- 10Y*
- 4.34%
- ALL TIME*
- 2.45%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $105.73M | $92.27M | $99.82M |
IUSG vs. AFRAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IUSG iShares Core S&P U.S. Growth ETF | 12.72% | 21.23% | 34.70% | 29.28% | -28.81% | 31.26% | 32.65% | 30.62% | -0.79% | 27.02% |
AFRAX Invesco Floating Rate ESG Fund | 0.73% | 4.57% | 6.80% | 10.86% | -2.26% | 6.24% | 1.53% | 7.25% | -0.19% | 3.99% |
Correlation
The correlation between IUSG and AFRAX is 0.12, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.12 |
Correlation (3Y) Balances recent behavior with more history. | 0.18 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.21 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.21 |
Correlation (All Time) Calculated using the full available price history since Jul 28, 2000 | 0.14 |
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Return for Risk
IUSG vs. AFRAX — Risk / Return Rank
IUSG
AFRAX
IUSG vs. AFRAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core S&P U.S. Growth ETF (IUSG) and Invesco Floating Rate ESG Fund (AFRAX). 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.
| IUSG | AFRAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.58 | ||
| Sortino ratioReturn per unit of downside risk | +0.20 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.25 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.88 | 1.51 | +0.36 |
| Martin ratioReturn relative to average drawdown | 6.96 | 4.35 | +2.61 |
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Drawdowns
IUSG vs. AFRAX - Drawdown Comparison
The maximum IUSG drawdown since its inception was -63.41%, which is greater than AFRAX's maximum drawdown of -37.60%. Use the drawdown chart below to compare losses from any high point for IUSG and AFRAX.
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Drawdown Indicators
| IUSG | AFRAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.41% | -37.60% | -25.81% |
Max Drawdown (1Y)Largest decline over 1 year | -13.07% | -1.41% | -11.66% |
Max Drawdown (3Y)Largest decline over 3 years | -22.28% | -2.62% | -19.66% |
Max Drawdown (5Y)Largest decline over 5 years | -32.21% | -6.29% | -25.92% |
Max Drawdown (10Y)Largest decline over 10 years | -32.35% | -18.91% | -13.44% |
Current DrawdownCurrent decline from peak | -2.17% | -0.16% | -2.01% |
Average DrawdownAverage peak-to-trough decline | -21.33% | -4.37% | -16.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.52% | 0.49% | +3.03% |
Volatility
IUSG vs. AFRAX - Volatility Comparison
iShares Core S&P U.S. Growth ETF (IUSG) has a higher volatility of 6.24% compared to Invesco Floating Rate ESG Fund (AFRAX) at 0.40%. This indicates that IUSG's price experiences larger fluctuations and is considered to be riskier than AFRAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IUSG | AFRAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.24% | 0.40% | +5.84% |
Volatility (6M)Calculated over the trailing 6-month period | 14.68% | 2.04% | +12.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.84% | 2.83% | +15.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.22% | 3.23% | +17.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.55% | 3.73% | +16.82% |
IUSG vs. AFRAX - Expense Ratio Comparison
IUSG has a 0.04% expense ratio, which is lower than AFRAX's 1.04% expense ratio.
Dividends
IUSG vs. AFRAX - Dividend Comparison
IUSG's dividend yield for the trailing twelve months is around 0.49%, less than AFRAX's 7.04% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AFRAX Invesco Floating Rate ESG Fund | 7.04% | 8.06% | 8.39% | 7.85% | 7.03% | 3.84% | 4.13% | 5.52% | 4.59% | 4.04% | 4.01% | 5.23% |
IUSG iShares Core S&P U.S. Growth ETF | 0.49% | 0.53% | 0.59% | 1.12% | 1.07% | 0.59% | 0.93% | 1.64% | 1.32% | 1.28% | 1.48% | 1.29% |
Frequently Asked Questions
IUSG and AFRAX have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IUSG has higher volatility (6.24%) compared to AFRAX (0.40%). In terms of maximum drawdown, IUSG dropped -63.41% vs AFRAX's -37.60%.
IUSG currently has the higher Sharpe Ratio (1.38 vs 0.80), 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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