IYC vs. EATZ

Last updated Jun 24, 2026

IYC (iShares U.S. Consumer Discretionary ETF) and EATZ (AdvisorShares Restaurant ETF) are both Consumer Discretionary Equities funds. IYC is passively managed, while EATZ is actively managed. A 0.72 correlation means they provide meaningful diversification when combined. IYC charges 0.38%/yr vs 1.00%/yr for EATZ.

Performance

IYC vs. EATZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares U.S. Consumer Discretionary ETF (IYC) and AdvisorShares Restaurant ETF (EATZ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

IYC

• 1D: -0.27%
• 1M: -2.64%
• YTD: -3.42%
• 6M: -4.50%
• 1Y: 2.57%
• 3Y*: 13.50%
• 5Y*: 5.77%
• 10Y*: 11.80%

EATZ

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

IYC vs. EATZ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
IYC iShares U.S. Consumer Discretionary ETF	-3.42%	7.85%	27.54%	34.03%	-31.78%	9.39%
EATZ AdvisorShares Restaurant ETF	4.80%	-6.67%	23.21%	25.23%	-20.68%	-4.90%

Correlation

The correlation between IYC and EATZ is 0.56, 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	0.56
Correlation (3Y) Calculated over the trailing 3-year period	0.67
Correlation (5Y) Calculated over the trailing 5-year period	0.73
Correlation (All Time) Calculated using the full available price history since Apr 21, 2021	0.72

The correlation between IYC and EATZ shifts across timeframes, from 0.56 (1 year) to 0.73 (5 years), reflecting how their relationship changes across market environments.

IYC vs. EATZ - Sectors Allocation Comparison

Sectors	IYC	EATZ
Consumer Cyclical	67.8%	78.2%
Communication Services	13.4%	2.3%
Consumer Defensive	11.2%	16.9%
Technology	3.8%	-
Industrials	3.6%	4.9%
Energy	0.1%	-
Basic Materials	-	-
Financial Services	-	-
Healthcare	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

IYC vs. EATZ — Risk / Return Rank

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

IYC

IYC Risk / Return Rank: 11
IYC Sharpe Ratio Rank: 11
IYC Sortino Ratio Rank: 10
IYC Omega Ratio Rank: 10
IYC Calmar Ratio Rank: 11
IYC Martin Ratio Rank: 11

EATZ

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

IYC vs. EATZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Consumer Discretionary ETF (IYC) and AdvisorShares Restaurant ETF (EATZ). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	IYC	EATZ	Difference
Sharpe ratio: Return per unit of total volatility	0.18	—	—
Sortino ratio: Return per unit of downside risk	0.36	—	—
Omega ratio: Gain probability vs. loss probability	1.04	—	—
Calmar ratio: Return relative to maximum drawdown	0.22	—	—
Martin ratio: Return relative to average drawdown	0.62	—	—

Drawdowns

Drawdown Indicators

	IYC	EATZ	Difference
Max Drawdown Largest peak-to-trough decline	-53.10%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-11.97%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-21.62%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-35.90%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-35.90%	—	—
Current Drawdown Current decline from peak	-7.07%	—	—
Average Drawdown Average peak-to-trough decline	-9.94%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	4.17%	—	—

Volatility

Volatility by Period

	IYC	EATZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.93%	—	—
Volatility (6M) Calculated over the trailing 6-month period	11.18%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	14.65%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.80%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.91%	—	—

IYC vs. EATZ - Expense Ratio Comparison

IYC has a 0.38% expense ratio, which is lower than EATZ's 1.00% expense ratio.

Dividends

IYC vs. EATZ - Dividend Comparison

IYC's dividend yield for the trailing twelve months is around 0.52%, more than EATZ's 0.48% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EATZ AdvisorShares Restaurant ETF	0.48%	0.50%	0.18%	0.49%	2.35%	0.15%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
IYC iShares U.S. Consumer Discretionary ETF	0.52%	0.51%	0.47%	0.68%	0.68%	0.39%	0.65%	0.89%	0.90%	0.92%	1.10%	1.03%

Frequently Asked Questions

Can I hold both IYC and EATZ in my portfolio?

IYC and EATZ have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IYC or EATZ?

On fees, IYC is cheaper at 0.38% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IYC or EATZ?

IYC is cheaper with a 0.38% expense ratio, compared with 1.00% for EATZ.

Which ETF pays a higher dividend yield, IYC or EATZ?

IYC has the higher dividend yield at 0.52%, compared with 0.48% for EATZ.

What is the main difference between IYC and EATZ?

They also come from different issuers: iShares and AdvisorShares. Their fees differ too: 0.38% for IYC and 1.00% for EATZ.