IXN vs. TECK
IXN (iShares Global Tech ETF) is Technology Equities fund tracking the S&P Global Information Technology Sector Index, while TECK (Teck Resources Limited) is a stock. Over the past 10 years, IXN returned 25.57%/yr vs 21.83%/yr for TECK. At a 0.41 correlation, their price movements are largely independent.
Performance
IXN vs. TECK - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with IXN having a 41.18% return and TECK slightly lower at 40.63%. Over the past 10 years, IXN has outperformed TECK with an annualized return of 25.57%, while TECK has yielded a comparatively lower 21.83% annualized 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%
TECK
- 1D
- -4.72%
- 1M
- 18.43%
- YTD
- 40.63%
- 6M
- 51.84%
- 1Y
- 82.94%
- 3Y*
- 16.99%
- 5Y*
- 23.87%
- 10Y*
- 21.83%
IXN vs. TECK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IXN iShares Global Tech ETF | 41.18% | 25.25% | 24.84% | 52.98% | -29.86% | 29.58% | 43.62% | 47.88% | -5.44% | 41.23% |
TECK Teck Resources Limited | 40.63% | 19.20% | -2.58% | 13.96% | 33.81% | 59.83% | 5.88% | -18.73% | -16.87% | 34.22% |
Correlation
The correlation between IXN and TECK is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.48 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.44 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.40 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.40 |
Correlation (All Time) Calculated using the full available price history since Jul 19, 2002 | 0.41 |
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Return for Risk
IXN vs. TECK — Risk / Return Rank
IXN
TECK
IXN vs. TECK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Tech ETF (IXN) and Teck Resources Limited (TECK). 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 | TECK | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.58 | ||
| Sortino ratioReturn per unit of downside risk | +1.66 | ||
| Omega ratioGain probability vs. loss probability | 1.54 | 1.30 | +0.24 |
| Calmar ratioReturn relative to maximum drawdown | 5.43 | 3.20 | +2.23 |
| Martin ratioReturn relative to average drawdown | 18.73 | 8.10 | +10.63 |
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
| IXN | TECK | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.41 | 1.83 | +1.58 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.94 | 0.53 | +0.41 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.05 | 0.44 | +0.61 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.54 | 0.25 | +0.29 |
Drawdowns
IXN vs. TECK - Drawdown Comparison
The maximum IXN drawdown since its inception was -55.67%, smaller than the maximum TECK drawdown of -95.19%. Use the drawdown chart below to compare losses from any high point for IXN and TECK.
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Drawdown Indicators
| IXN | TECK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.67% | -95.19% | +39.52% |
Max Drawdown (1Y)Largest decline over 1 year | -13.80% | -26.03% | +12.23% |
Max Drawdown (3Y)Largest decline over 3 years | -25.55% | -46.10% | +20.55% |
Max Drawdown (5Y)Largest decline over 5 years | -36.30% | -46.10% | +9.80% |
Max Drawdown (10Y)Largest decline over 10 years | -36.30% | -79.58% | +43.28% |
Current DrawdownCurrent decline from peak | -1.00% | -4.72% | +3.72% |
Average DrawdownAverage peak-to-trough decline | -11.27% | -38.80% | +27.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.99% | 10.27% | -6.28% |
Volatility
IXN vs. TECK - Volatility Comparison
The current volatility for iShares Global Tech ETF (IXN) is 7.95%, while Teck Resources Limited (TECK) has a volatility of 15.22%. This indicates that IXN experiences smaller price fluctuations and is considered to be less risky than TECK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IXN | TECK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.95% | 15.22% | -7.27% |
Volatility (6M)Calculated over the trailing 6-month period | 17.85% | 33.81% | -15.96% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.98% | 45.55% | -23.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.84% | 45.46% | -20.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.40% | 49.39% | -24.99% |
Dividends
IXN vs. TECK - Dividend Comparison
IXN's dividend yield for the trailing twelve months is around 0.74%, more than TECK's 0.54% 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% |
TECK Teck Resources Limited | 0.54% | 0.75% | 1.81% | 1.74% | 2.05% | 0.56% | 0.83% | 0.87% | 1.11% | 2.29% | 0.50% | 5.18% |
Frequently Asked Questions
IXN and TECK have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TECK has higher volatility (15.22%) compared to IXN (7.95%). In terms of maximum drawdown, IXN dropped -55.67% vs TECK's -95.19%.
IXN currently has the higher Sharpe Ratio (3.41 vs 1.83), 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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