IXP vs. IYZ
Compare and contrast key facts about iShares Global Comm Services ETF (IXP) and iShares U.S. Telecommunications ETF (IYZ).
IXP and IYZ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IXP is a passively managed fund by iShares that tracks the performance of the S&P Global 1200 Communication Services 4.5/22.5/45 Capped. It was launched on Nov 12, 2001. IYZ is a passively managed fund by iShares that tracks the performance of the Dow Jones U.S. Select Telecommunications Index. It was launched on May 22, 2000. Both IXP and IYZ are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IXP or IYZ.
Performance
IXP vs. IYZ - Performance Comparison
Returns By Period
In the year-to-date period, IXP achieves a 28.51% return, which is significantly higher than IYZ's 21.58% return. Over the past 10 years, IXP has outperformed IYZ with an annualized return of 6.67%, while IYZ has yielded a comparatively lower 1.33% annualized return.
IXP
28.51%
1.71%
11.61%
30.85%
11.25%
6.67%
IYZ
21.58%
5.45%
30.33%
30.08%
0.87%
1.33%
Key characteristics
| IXP | IYZ | |
|---|---|---|
| Sharpe Ratio | 2.18 | 2.15 |
| Sortino Ratio | 3.00 | 2.95 |
| Omega Ratio | 1.39 | 1.36 |
| Calmar Ratio | 1.71 | 0.76 |
| Martin Ratio | 13.65 | 4.61 |
| Ulcer Index | 2.34% | 6.64% |
| Daily Std Dev | 14.65% | 14.24% |
| Max Drawdown | -50.13% | -77.12% |
| Current Drawdown | -2.14% | -20.16% |
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IXP vs. IYZ - Expense Ratio Comparison
IXP has a 0.43% expense ratio, which is higher than IYZ's 0.42% expense ratio.
Correlation
The correlation between IXP and IYZ is 0.69, 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.
Risk-Adjusted Performance
IXP vs. IYZ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Comm Services ETF (IXP) and iShares U.S. Telecommunications ETF (IYZ). 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.
Dividends
IXP vs. IYZ - Dividend Comparison
IXP's dividend yield for the trailing twelve months is around 0.96%, less than IYZ's 1.94% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IXP iShares Global Comm Services ETF | 0.96% | 1.24% | 1.43% | 1.80% | 0.95% | 2.18% | 4.32% | 3.40% | 4.02% | 3.89% | 12.39% | 3.40% |
IYZ iShares U.S. Telecommunications ETF | 1.94% | 2.28% | 2.55% | 2.51% | 2.60% | 2.35% | 2.15% | 3.54% | 2.26% | 1.98% | 2.25% | 2.62% |
Drawdowns
IXP vs. IYZ - Drawdown Comparison
The maximum IXP drawdown since its inception was -50.13%, smaller than the maximum IYZ drawdown of -77.12%. Use the drawdown chart below to compare losses from any high point for IXP and IYZ. For additional features, visit the drawdowns tool.
Volatility
IXP vs. IYZ - Volatility Comparison
The current volatility for iShares Global Comm Services ETF (IXP) is 3.98%, while iShares U.S. Telecommunications ETF (IYZ) has a volatility of 4.27%. This indicates that IXP experiences smaller price fluctuations and is considered to be less risky than IYZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.