IXG vs. BPAY
Compare and contrast key facts about iShares Global Financials ETF (IXG) and BlackRock Future Financial and Technology ETF (BPAY).
IXG and BPAY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IXG is a passively managed fund by iShares that tracks the performance of the S&P Global Financials Sector Index. It was launched on Nov 12, 2001. BPAY is an actively managed fund by BlackRock. It was launched on Aug 16, 2022.
Performance
IXG vs. BPAY - Performance Comparison
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IXG vs. BPAY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
IXG iShares Global Financials ETF | -5.62% | 28.54% | 25.69% | 14.97% | 0.18% |
BPAY BlackRock Future Financial and Technology ETF | -18.58% | 8.54% | 17.28% | 13.19% | -16.39% |
Returns By Period
In the year-to-date period, IXG achieves a -5.62% return, which is significantly higher than BPAY's -18.58% return.
IXG
- 1D
- 2.87%
- 1M
- -4.83%
- YTD
- -5.62%
- 6M
- -1.42%
- 1Y
- 13.11%
- 3Y*
- 21.31%
- 5Y*
- 11.87%
- 10Y*
- 11.63%
BPAY
- 1D
- 3.03%
- 1M
- -6.21%
- YTD
- -18.58%
- 6M
- -26.92%
- 1Y
- -3.62%
- 3Y*
- 8.30%
- 5Y*
- —
- 10Y*
- —
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IXG vs. BPAY - Expense Ratio Comparison
IXG has a 0.46% expense ratio, which is lower than BPAY's 0.70% expense ratio.
Return for Risk
IXG vs. BPAY — Risk / Return Rank
IXG
BPAY
IXG vs. BPAY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Financials ETF (IXG) and BlackRock Future Financial and Technology ETF (BPAY). 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.
| IXG | BPAY | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.73 | -0.12 | +0.85 |
Sortino ratioReturn per unit of downside risk | 1.09 | 0.03 | +1.06 |
Omega ratioGain probability vs. loss probability | 1.16 | 1.00 | +0.16 |
Calmar ratioReturn relative to maximum drawdown | 1.07 | -0.12 | +1.19 |
Martin ratioReturn relative to average drawdown | 3.96 | -0.30 | +4.26 |
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
| IXG | BPAY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.73 | -0.12 | +0.85 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.69 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.58 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.23 | -0.02 | +0.25 |
Correlation
The correlation between IXG and BPAY is 0.80, 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.
Dividends
IXG vs. BPAY - Dividend Comparison
IXG's dividend yield for the trailing twelve months is around 2.16%, less than BPAY's 7.97% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IXG iShares Global Financials ETF | 2.16% | 2.04% | 2.64% | 2.62% | 3.71% | 1.69% | 2.13% | 2.87% | 3.14% | 2.12% | 2.21% | 2.79% |
BPAY BlackRock Future Financial and Technology ETF | 7.97% | 6.49% | 0.48% | 1.18% | 0.18% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
IXG vs. BPAY - Drawdown Comparison
The maximum IXG drawdown since its inception was -78.42%, which is greater than BPAY's maximum drawdown of -33.62%. Use the drawdown chart below to compare losses from any high point for IXG and BPAY.
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Drawdown Indicators
| IXG | BPAY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -78.42% | -33.62% | -44.80% |
Max Drawdown (1Y)Largest decline over 1 year | -12.79% | -33.62% | +20.83% |
Max Drawdown (5Y)Largest decline over 5 years | -27.20% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -43.47% | — | — |
Current DrawdownCurrent decline from peak | -8.13% | -31.22% | +23.09% |
Average DrawdownAverage peak-to-trough decline | -19.88% | -9.86% | -10.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.44% | 13.63% | -10.19% |
Volatility
IXG vs. BPAY - Volatility Comparison
The current volatility for iShares Global Financials ETF (IXG) is 5.96%, while BlackRock Future Financial and Technology ETF (BPAY) has a volatility of 7.93%. This indicates that IXG experiences smaller price fluctuations and is considered to be less risky than BPAY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IXG | BPAY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.96% | 7.93% | -1.97% |
Volatility (6M)Calculated over the trailing 6-month period | 10.50% | 19.05% | -8.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.12% | 29.28% | -11.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.30% | 24.20% | -6.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.15% | 24.20% | -4.05% |