IVEG vs. VEGI
Compare and contrast key facts about iShares Emergent Food and AgTech Multisector ETF (IVEG) and iShares MSCI Global Agriculture Producers ETF (VEGI).
IVEG and VEGI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IVEG is a passively managed fund by iShares that tracks the performance of the Morningstar Global Food Innovation Index - Benchmark TR Net. It was launched on Apr 25, 2022. VEGI is a passively managed fund by iShares that tracks the performance of the MSCI ACWI Select Agriculture Producers Investable Market Index. It was launched on Jan 31, 2012. Both IVEG and VEGI are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IVEG or VEGI.
Correlation
The correlation between IVEG and VEGI is 0.88, 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
IVEG vs. VEGI - Performance Comparison
Key characteristics
IVEG:
0.85
VEGI:
0.57
IVEG:
1.29
VEGI:
0.89
IVEG:
1.15
VEGI:
1.11
IVEG:
0.54
VEGI:
0.28
IVEG:
3.11
VEGI:
1.71
IVEG:
3.69%
VEGI:
4.64%
IVEG:
13.57%
VEGI:
13.90%
IVEG:
-27.68%
VEGI:
-37.37%
IVEG:
-9.82%
VEGI:
-19.47%
Returns By Period
In the year-to-date period, IVEG achieves a 5.94% return, which is significantly lower than VEGI's 6.80% return.
IVEG
5.94%
-0.94%
6.69%
11.89%
N/A
N/A
VEGI
6.80%
0.29%
6.57%
8.37%
8.28%
5.34%
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IVEG vs. VEGI - Expense Ratio Comparison
IVEG has a 0.47% expense ratio, which is higher than VEGI's 0.39% expense ratio.
Risk-Adjusted Performance
IVEG vs. VEGI — Risk-Adjusted Performance Rank
IVEG
VEGI
IVEG vs. VEGI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Emergent Food and AgTech Multisector ETF (IVEG) and iShares MSCI Global Agriculture Producers ETF (VEGI). 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.
Dividends
IVEG vs. VEGI - Dividend Comparison
IVEG's dividend yield for the trailing twelve months is around 1.81%, less than VEGI's 2.45% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IVEG iShares Emergent Food and AgTech Multisector ETF | 1.81% | 1.91% | 2.40% | 1.44% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VEGI iShares MSCI Global Agriculture Producers ETF | 2.45% | 2.62% | 2.55% | 1.49% | 1.46% | 1.55% | 1.84% | 2.02% | 1.75% | 2.14% | 2.49% | 2.03% |
Drawdowns
IVEG vs. VEGI - Drawdown Comparison
The maximum IVEG drawdown since its inception was -27.68%, smaller than the maximum VEGI drawdown of -37.37%. Use the drawdown chart below to compare losses from any high point for IVEG and VEGI. For additional features, visit the drawdowns tool.
Volatility
IVEG vs. VEGI - Volatility Comparison
The current volatility for iShares Emergent Food and AgTech Multisector ETF (IVEG) is 4.04%, while iShares MSCI Global Agriculture Producers ETF (VEGI) has a volatility of 4.39%. This indicates that IVEG experiences smaller price fluctuations and is considered to be less risky than VEGI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.