IXG vs. FDIQ
IXG (iShares Global Financials ETF) and FDIQ (Invesco Bloomberg Financial Data Providers ETF) are both Financials Equities funds - IXG tracks the S&P Global Financials Sector Index while FDIQ tracks the Bloomberg Financial Data Providers Index. Both are passively managed. Over the past 10 years, IXG returned 11.83%/yr vs 7.60%/yr for FDIQ. A 0.72 correlation means they provide meaningful diversification when combined. IXG charges 0.46%/yr vs 0.35%/yr for FDIQ.
Performance
IXG vs. FDIQ - Performance Comparison
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Returns By Period
In the year-to-date period, IXG achieves a -0.23% return, which is significantly lower than FDIQ's 9.72% return. Over the past 10 years, IXG has outperformed FDIQ with an annualized return of 11.83%, while FDIQ has yielded a comparatively lower 7.60% annualized return.
IXG
- 1D
- -1.08%
- 1M
- 0.73%
- YTD
- -0.23%
- 6M
- 3.74%
- 1Y
- 12.70%
- 3Y*
- 22.63%
- 5Y*
- 10.96%
- 10Y*
- 11.83%
FDIQ
- 1D
- -0.97%
- 1M
- -5.53%
- YTD
- 9.72%
- 6M
- 10.28%
- 1Y
- 22.98%
- 3Y*
- 18.27%
- 5Y*
- 3.82%
- 10Y*
- 7.60%
IXG vs. FDIQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IXG iShares Global Financials ETF | -0.23% | 28.54% | 25.69% | 14.97% | -8.97% | 25.07% | -2.99% | 24.60% | -16.33% | 23.78% |
FDIQ Invesco Bloomberg Financial Data Providers ETF | 9.72% | 6.32% | 12.76% | -0.84% | -7.23% | 36.05% | -8.95% | 23.57% | -18.31% | 1.81% |
Correlation
The correlation between IXG and FDIQ is 0.57, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.57 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.68 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.73 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.74 |
Correlation (All Time) Calculated using the full available price history since Nov 2, 2011 | 0.72 |
The correlation between IXG and FDIQ shifts across timeframes, from 0.57 (1 year) to 0.74 (10 years), reflecting how their relationship changes across market environments.
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Return for Risk
IXG vs. FDIQ — Risk / Return Rank
IXG
FDIQ
IXG vs. FDIQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Financials ETF (IXG) and Invesco Bloomberg Financial Data Providers ETF (FDIQ). 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 | FDIQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.11 | ||
| Sortino ratioReturn per unit of downside risk | -0.19 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.20 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 1.13 | 2.07 | -0.95 |
| Martin ratioReturn relative to average drawdown | 3.97 | 5.26 | -1.29 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| IXG | FDIQ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.93 | 1.04 | -0.11 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.64 | 0.13 | +0.50 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.59 | 0.24 | +0.35 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.24 | 0.37 | -0.13 |
Drawdowns
IXG vs. FDIQ - Drawdown Comparison
The maximum IXG drawdown since its inception was -78.42%, which is greater than FDIQ's maximum drawdown of -52.86%. Use the drawdown chart below to compare losses from any high point for IXG and FDIQ.
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Drawdown Indicators
| IXG | FDIQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -78.42% | -52.86% | -25.56% |
Max Drawdown (1Y)Largest decline over 1 year | -11.33% | -11.13% | -0.20% |
Max Drawdown (3Y)Largest decline over 3 years | -13.54% | -28.09% | +14.55% |
Max Drawdown (5Y)Largest decline over 5 years | -27.20% | -42.99% | +15.79% |
Max Drawdown (10Y)Largest decline over 10 years | -43.47% | -52.86% | +9.39% |
Current DrawdownCurrent decline from peak | -2.88% | -8.53% | +5.65% |
Average DrawdownAverage peak-to-trough decline | -19.75% | -11.56% | -8.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.21% | 4.38% | -1.17% |
Volatility
IXG vs. FDIQ - Volatility Comparison
The current volatility for iShares Global Financials ETF (IXG) is 3.70%, while Invesco Bloomberg Financial Data Providers ETF (FDIQ) has a volatility of 4.06%. This indicates that IXG experiences smaller price fluctuations and is considered to be less risky than FDIQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IXG | FDIQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.70% | 4.06% | -0.36% |
Volatility (6M)Calculated over the trailing 6-month period | 10.90% | 13.93% | -3.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.67% | 22.14% | -8.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.34% | 28.70% | -11.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.12% | 31.12% | -11.00% |
IXG vs. FDIQ - Expense Ratio Comparison
IXG has a 0.46% expense ratio, which is higher than FDIQ's 0.35% expense ratio.
Dividends
IXG vs. FDIQ - Dividend Comparison
IXG's dividend yield for the trailing twelve months is around 2.05%, less than FDIQ's 2.56% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDIQ Invesco Bloomberg Financial Data Providers ETF | 2.56% | 2.66% | 2.69% | 2.89% | 2.51% | 2.04% | 2.92% | 2.44% | 2.45% | 1.59% | 1.50% | 1.92% |
IXG iShares Global Financials ETF | 2.05% | 2.04% | 2.64% | 2.62% | 3.71% | 1.69% | 2.13% | 2.87% | 3.14% | 2.12% | 2.21% | 2.79% |
Frequently Asked Questions
IXG and FDIQ have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FDIQ has higher volatility (4.06%) compared to IXG (3.70%). In terms of maximum drawdown, IXG dropped -78.42% vs FDIQ's -52.86%.
On 10-year performance, IXG leads with 11.83% vs 7.60% for FDIQ. On fees, FDIQ is cheaper at 0.35% per year. On volatility, IXG has been the lower-risk option at 3.70%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, IXG has performed better with a 11.83% return vs 7.60%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
FDIQ is cheaper with a 0.35% expense ratio, compared with 0.46% for IXG.
FDIQ has the higher dividend yield at 2.56%, compared with 2.05% for IXG.
IXG tracks S&P Global Financials Sector Index, while FDIQ tracks Bloomberg Financial Data Providers Index. They also come from different issuers: iShares and Invesco. Their fees differ too: 0.46% for IXG and 0.35% for FDIQ.
FDIQ currently has the higher Sharpe Ratio (1.04 vs 0.93), 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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