IYC vs. WM
IYC (iShares U.S. Consumer Discretionary ETF) is Consumer Discretionary Equities fund tracking the Dow Jones U.S. Consumer Services Index, while WM (Waste Management, Inc.) is a stock. Over the past 10 years, IYC returned 11.49%/yr vs 15.50%/yr for WM. At a 0.46 correlation, their price movements are largely independent.
Performance
IYC vs. WM - Performance Comparison
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Returns By Period
In the year-to-date period, IYC achieves a -2.72% return, which is significantly lower than WM's 0.08% return. Over the past 10 years, IYC has underperformed WM with an annualized return of 11.49%, while WM has yielded a comparatively higher 15.50% annualized return.
IYC
- 1D
- -0.53%
- 1M
- -1.30%
- YTD
- -2.72%
- 6M
- -2.86%
- 1Y
- 3.35%
- 3Y*
- 15.36%
- 5Y*
- 6.29%
- 10Y*
- 11.49%
WM
- 1D
- 0.46%
- 1M
- -2.44%
- YTD
- 0.08%
- 6M
- 3.05%
- 1Y
- -6.93%
- 3Y*
- 11.49%
- 5Y*
- 10.87%
- 10Y*
- 15.50%
IYC vs. WM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IYC iShares U.S. Consumer Discretionary ETF | -2.72% | 7.85% | 27.54% | 34.03% | -31.78% | 19.65% | 24.58% | 27.36% | 1.76% | 19.87% |
WM Waste Management, Inc. | 0.08% | 10.50% | 14.28% | 16.20% | -4.49% | 43.82% | 5.46% | 30.45% | 5.32% | 24.46% |
Correlation
The correlation between IYC and WM is -0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.25 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since Jun 29, 2000 | 0.46 |
The correlation between IYC and WM shifts across timeframes, from -0.01 (1 year) to 0.46 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
IYC vs. WM — Risk / Return Rank
IYC
WM
IYC vs. WM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Consumer Discretionary ETF (IYC) and Waste Management, Inc. (WM). 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.
| IYC | WM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.61 | ||
| Sortino ratioReturn per unit of downside risk | +0.84 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 0.95 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 0.28 | -0.41 | +0.69 |
| Martin ratioReturn relative to average drawdown | 0.85 | -0.92 | +1.77 |
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
| IYC | WM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.24 | -0.37 | +0.61 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.31 | 0.59 | -0.28 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.58 | 0.80 | -0.22 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.42 | 0.36 | +0.05 |
Drawdowns
IYC vs. WM - Drawdown Comparison
The maximum IYC drawdown since its inception was -53.10%, smaller than the maximum WM drawdown of -77.85%. Use the drawdown chart below to compare losses from any high point for IYC and WM.
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Drawdown Indicators
| IYC | WM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.10% | -77.85% | +24.75% |
Max Drawdown (1Y)Largest decline over 1 year | -11.97% | -16.95% | +4.98% |
Max Drawdown (3Y)Largest decline over 3 years | -21.62% | -18.14% | -3.48% |
Max Drawdown (5Y)Largest decline over 5 years | -35.90% | -18.14% | -17.76% |
Max Drawdown (10Y)Largest decline over 10 years | -35.90% | -30.07% | -5.83% |
Current DrawdownCurrent decline from peak | -6.39% | -10.80% | +4.41% |
Average DrawdownAverage peak-to-trough decline | -9.95% | -17.69% | +7.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.95% | 7.64% | -3.69% |
Volatility
IYC vs. WM - Volatility Comparison
The current volatility for iShares U.S. Consumer Discretionary ETF (IYC) is 3.97%, while Waste Management, Inc. (WM) has a volatility of 5.76%. This indicates that IYC experiences smaller price fluctuations and is considered to be less risky than WM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IYC | WM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.97% | 5.76% | -1.79% |
Volatility (6M)Calculated over the trailing 6-month period | 10.50% | 13.56% | -3.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.32% | 18.58% | -4.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.73% | 18.53% | +2.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.89% | 19.49% | +0.40% |
Dividends
IYC vs. WM - Dividend Comparison
IYC's dividend yield for the trailing twelve months is around 0.51%, less than WM's 1.56% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IYC iShares U.S. Consumer Discretionary ETF | 0.51% | 0.51% | 0.47% | 0.68% | 0.68% | 0.39% | 0.65% | 0.89% | 0.90% | 0.92% | 1.10% | 1.03% |
WM Waste Management, Inc. | 1.56% | 1.50% | 1.49% | 1.56% | 1.66% | 1.38% | 1.85% | 1.80% | 2.09% | 1.97% | 2.31% | 2.89% |
Frequently Asked Questions
IYC and WM have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WM has higher volatility (5.76%) compared to IYC (3.97%). In terms of maximum drawdown, IYC dropped -53.10% vs WM's -77.85%.
IYC currently has the higher Sharpe Ratio (0.24 vs -0.37), 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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