IWY vs. HYGV
Compare and contrast key facts about iShares Russell Top 200 Growth ETF (IWY) and FlexShares High Yield Value-Scored US Bond Index Fund (HYGV).
IWY and HYGV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IWY is a passively managed fund by iShares that tracks the performance of the Russell Top 200 Growth Index. It was launched on Sep 22, 2009. HYGV is a passively managed fund by Northern Trust that tracks the performance of the Northern Trust High Yield Value-Scored US Corporate Bond Index. It was launched on Jul 17, 2018. Both IWY and HYGV are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
IWY vs. HYGV - Performance Comparison
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IWY vs. HYGV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
IWY iShares Russell Top 200 Growth ETF | -9.30% | 18.19% | 34.89% | 46.49% | -29.91% | 31.05% | 39.01% | 36.20% | -11.69% |
HYGV FlexShares High Yield Value-Scored US Bond Index Fund | -0.23% | 7.92% | 8.02% | 12.11% | -12.60% | 5.93% | 8.01% | 15.76% | -4.15% |
Returns By Period
In the year-to-date period, IWY achieves a -9.30% return, which is significantly lower than HYGV's -0.23% return.
IWY
- 1D
- 0.87%
- 1M
- -4.60%
- YTD
- -9.30%
- 6M
- -8.67%
- 1Y
- 18.58%
- 3Y*
- 22.41%
- 5Y*
- 13.61%
- 10Y*
- 17.59%
HYGV
- 1D
- 0.29%
- 1M
- -0.80%
- YTD
- -0.23%
- 6M
- 0.82%
- 1Y
- 6.88%
- 3Y*
- 7.94%
- 5Y*
- 3.43%
- 10Y*
- —
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IWY vs. HYGV - Expense Ratio Comparison
IWY has a 0.20% expense ratio, which is lower than HYGV's 0.37% expense ratio.
Return for Risk
IWY vs. HYGV — Risk / Return Rank
IWY
HYGV
IWY vs. HYGV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Russell Top 200 Growth ETF (IWY) and FlexShares High Yield Value-Scored US Bond Index Fund (HYGV). 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.
| IWY | HYGV | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.84 | 1.12 | -0.28 |
Sortino ratioReturn per unit of downside risk | 1.35 | 1.59 | -0.24 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.27 | -0.08 |
Calmar ratioReturn relative to maximum drawdown | 1.17 | 1.57 | -0.40 |
Martin ratioReturn relative to average drawdown | 3.89 | 7.57 | -3.68 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| IWY | HYGV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.84 | 1.12 | -0.28 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.64 | 0.45 | +0.18 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.84 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.87 | 0.53 | +0.34 |
Correlation
The correlation between IWY and HYGV is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
IWY vs. HYGV - Dividend Comparison
IWY's dividend yield for the trailing twelve months is around 0.39%, less than HYGV's 7.52% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IWY iShares Russell Top 200 Growth ETF | 0.39% | 0.36% | 0.42% | 0.68% | 0.88% | 0.50% | 0.71% | 1.06% | 1.32% | 1.26% | 1.51% | 1.58% |
HYGV FlexShares High Yield Value-Scored US Bond Index Fund | 7.52% | 7.48% | 8.20% | 8.77% | 7.64% | 6.07% | 6.18% | 7.95% | 5.63% | 0.00% | 0.00% | 0.00% |
Drawdowns
IWY vs. HYGV - Drawdown Comparison
The maximum IWY drawdown since its inception was -32.68%, which is greater than HYGV's maximum drawdown of -23.47%. Use the drawdown chart below to compare losses from any high point for IWY and HYGV.
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Drawdown Indicators
| IWY | HYGV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.68% | -23.47% | -9.21% |
Max Drawdown (1Y)Largest decline over 1 year | -16.63% | -4.54% | -12.09% |
Max Drawdown (5Y)Largest decline over 5 years | -32.68% | -17.12% | -15.56% |
Max Drawdown (10Y)Largest decline over 10 years | -32.68% | — | — |
Current DrawdownCurrent decline from peak | -12.77% | -1.32% | -11.45% |
Average DrawdownAverage peak-to-trough decline | -4.77% | -3.39% | -1.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.99% | 0.94% | +4.05% |
Volatility
IWY vs. HYGV - Volatility Comparison
iShares Russell Top 200 Growth ETF (IWY) has a higher volatility of 6.70% compared to FlexShares High Yield Value-Scored US Bond Index Fund (HYGV) at 2.32%. This indicates that IWY's price experiences larger fluctuations and is considered to be riskier than HYGV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IWY | HYGV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.70% | 2.32% | +4.38% |
Volatility (6M)Calculated over the trailing 6-month period | 12.40% | 2.99% | +9.41% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.29% | 6.19% | +16.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.49% | 7.57% | +13.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.92% | 9.28% | +11.64% |