IXN vs. TDV

Last updated Jun 4, 2026

IXN (iShares Global Tech ETF) and TDV (ProShares S&P Technology Dividend Aristocrats ETF) are both Technology Equities funds - IXN tracks the S&P Global Information Technology Sector Index while TDV tracks the Zacks 2040 Lifecycle Index. Both are passively managed. Over the past 5 years, IXN returned 23.25%/yr vs 13.94%/yr for TDV. Their correlation of 0.86 suggests significant overlap in exposure. IXN charges 0.46%/yr vs 0.66%/yr for TDV.

Performance

IXN vs. TDV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Global Tech ETF (IXN) and ProShares S&P Technology Dividend Aristocrats ETF (TDV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IXN achieves a 41.18% return, which is significantly higher than TDV's 23.09% return.

IXN

• 1D: -1.00%
• 1M: 21.36%
• YTD: 41.18%
• 6M: 41.72%
• 1Y: 74.57%
• 3Y*: 36.05%
• 5Y*: 23.25%
• 10Y*: 25.57%

TDV

• 1D: -0.42%
• 1M: 10.03%
• YTD: 23.09%
• 6M: 21.07%
• 1Y: 36.07%
• 3Y*: 20.49%
• 5Y*: 13.94%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

IXN vs. TDV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
IXN iShares Global Tech ETF	41.18%	25.25%	24.84%	52.98%	-29.86%	29.58%	43.62%	7.20%
TDV ProShares S&P Technology Dividend Aristocrats ETF	23.09%	16.05%	9.72%	27.29%	-15.94%	28.29%	29.00%	3.67%

Correlation

The correlation between IXN and TDV is 0.75, 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	0.75
Correlation (3Y) Calculated over the trailing 3-year period	0.79
Correlation (5Y) Calculated over the trailing 5-year period	0.85
Correlation (All Time) Calculated using the full available price history since Nov 8, 2019	0.86

The correlation between IXN and TDV shifts across timeframes, from 0.75 (1 year) to 0.86 (all time), reflecting how their relationship changes across market environments.

IXN vs. TDV - Sectors Allocation Comparison

Sectors	IXN	TDV
Technology	99.3%	90.2%
Industrials	0.2%	5.1%
Energy	0.1%	-
Healthcare	0.1%	-
Real Estate	0.0%	-
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Financial Services	-	4.7%
Utilities	-	-

Return for Risk

IXN vs. TDV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IXN

IXN Risk / Return Rank: 88
IXN Sharpe Ratio Rank: 92
IXN Sortino Ratio Rank: 88
IXN Omega Ratio Rank: 86
IXN Calmar Ratio Rank: 89
IXN Martin Ratio Rank: 86

TDV

TDV Risk / Return Rank: 65
TDV Sharpe Ratio Rank: 61
TDV Sortino Ratio Rank: 59
TDV Omega Ratio Rank: 58
TDV Calmar Ratio Rank: 75
TDV Martin Ratio Rank: 70

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

IXN vs. TDV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Global Tech ETF (IXN) and ProShares S&P Technology Dividend Aristocrats ETF (TDV). 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.

	IXN	TDV	Difference
Sharpe ratio: Return per unit of total volatility	3.41	2.10	+1.31
Sortino ratio: Return per unit of downside risk	4.14	2.84	+1.30
Omega ratio: Gain probability vs. loss probability	1.54	1.36	+0.18
Calmar ratio: Return relative to maximum drawdown	5.43	3.79	+1.64
Martin ratio: Return relative to average drawdown	18.73	13.11	+5.62
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IXN vs. TDV - Sharpe Ratio Comparison

The current IXN Sharpe Ratio is 3.41, which is higher than the TDV Sharpe Ratio of 2.10. The chart below compares the historical Sharpe Ratios of IXN and TDV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	IXN	TDV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.41	2.10	+1.31
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.94	0.69	+0.26
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	1.05	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.54	0.76	-0.21

Drawdowns

IXN vs. TDV - Drawdown Comparison

The maximum IXN drawdown since its inception was -55.67%, which is greater than TDV's maximum drawdown of -32.78%. Use the drawdown chart below to compare losses from any high point for IXN and TDV.

Drawdown Indicators

	IXN	TDV	Difference
Max Drawdown Largest peak-to-trough decline	-55.67%	-32.78%	-22.89%
Max Drawdown (1Y) Largest decline over 1 year	-13.80%	-9.55%	-4.25%
Max Drawdown (3Y) Largest decline over 3 years	-25.55%	-22.51%	-3.04%
Max Drawdown (5Y) Largest decline over 5 years	-36.30%	-25.11%	-11.19%
Max Drawdown (10Y) Largest decline over 10 years	-36.30%	—	—
Current Drawdown Current decline from peak	-1.00%	-0.42%	-0.58%
Average Drawdown Average peak-to-trough decline	-11.27%	-5.36%	-5.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.99%	2.76%	+1.23%

Volatility

IXN vs. TDV - Volatility Comparison

iShares Global Tech ETF (IXN) has a higher volatility of 7.95% compared to ProShares S&P Technology Dividend Aristocrats ETF (TDV) at 5.07%. This indicates that IXN's price experiences larger fluctuations and is considered to be riskier than TDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IXN	TDV	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.95%	5.07%	+2.88%
Volatility (6M) Calculated over the trailing 6-month period	17.85%	12.72%	+5.13%
Volatility (1Y) Calculated over the trailing 1-year period	21.98%	17.29%	+4.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.84%	20.45%	+4.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.40%	23.20%	+1.20%

IXN vs. TDV - Expense Ratio Comparison

IXN has a 0.46% expense ratio, which is lower than TDV's 0.66% expense ratio.

Dividends

IXN vs. TDV - Dividend Comparison

IXN's dividend yield for the trailing twelve months is around 0.74%, less than TDV's 0.93% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IXN iShares Global Tech ETF	0.74%	1.04%	0.43%	0.55%	0.81%	0.58%	0.63%	1.06%	0.94%	0.93%	1.03%	1.12%
TDV ProShares S&P Technology Dividend Aristocrats ETF	0.93%	1.09%	1.16%	1.16%	1.67%	1.08%	1.10%	0.11%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both IXN and TDV in my portfolio?

IXN and TDV have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IXN or TDV?

IXN has higher volatility (7.95%) compared to TDV (5.07%). In terms of maximum drawdown, IXN dropped -55.67% vs TDV's -32.78%.

Which ETF is better, IXN or TDV?

On 5-year performance, IXN leads with 23.25% vs 13.94% for TDV. On fees, IXN is cheaper at 0.46% per year. On volatility, TDV has been the lower-risk option at 5.07%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IXN or TDV?

Over the 5-year period, IXN has performed better with a 23.25% return vs 13.94%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IXN or TDV?

IXN is cheaper with a 0.46% expense ratio, compared with 0.66% for TDV.

Which ETF pays a higher dividend yield, IXN or TDV?

TDV has the higher dividend yield at 0.93%, compared with 0.74% for IXN.

What is the main difference between IXN and TDV?

IXN tracks S&P Global Information Technology Sector Index, while TDV tracks Zacks 2040 Lifecycle Index. They also come from different issuers: iShares and ProShares. Their fees differ too: 0.46% for IXN and 0.66% for TDV.

Which has better risk-adjusted returns?

IXN currently has the higher Sharpe Ratio (3.41 vs 2.10), 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.