IYF vs. IYG
Compare and contrast key facts about iShares U.S. Financials ETF (IYF) and iShares U.S. Financial Services ETF (IYG).
IYF and IYG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IYF is a passively managed fund by iShares that tracks the performance of the Dow Jones U.S. Financials Index. It was launched on May 31, 2000. IYG is a passively managed fund by iShares that tracks the performance of the Dow Jones U.S. Financial Services TR. It was launched on Jun 12, 2000. Both IYF and IYG 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: IYF or IYG.
Key characteristics
| IYF | IYG | |
|---|---|---|
| YTD Return | 13.77% | 12.69% |
| 1Y Return | 36.92% | 38.84% |
| 3Y Return (Ann) | 7.86% | 8.16% |
| 5Y Return (Ann) | 11.50% | 15.05% |
| 10Y Return (Ann) | 11.21% | 15.17% |
| Sharpe Ratio | 2.87 | 2.92 |
| Daily Std Dev | 13.15% | 13.60% |
| Max Drawdown | -79.09% | -79.74% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between IYF and IYG is 0.95, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
IYF vs. IYG - Performance Comparison
In the year-to-date period, IYF achieves a 13.77% return, which is significantly higher than IYG's 12.69% return. Over the past 10 years, IYF has underperformed IYG with an annualized return of 11.21%, while IYG has yielded a comparatively higher 15.17% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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IYF vs. IYG - Expense Ratio Comparison
Both IYF and IYG have an expense ratio of 0.42%.
Risk-Adjusted Performance
IYF vs. IYG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Financials ETF (IYF) and iShares U.S. Financial Services ETF (IYG). 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
IYF vs. IYG - Dividend Comparison
IYF's dividend yield for the trailing twelve months is around 1.44%, less than IYG's 3.76% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IYF iShares U.S. Financials ETF | 1.44% | 1.67% | 1.86% | 1.27% | 2.52% | 1.65% | 1.90% | 1.46% | 1.67% | 1.66% | 1.38% | 1.33% |
IYG iShares U.S. Financial Services ETF | 3.76% | 5.32% | 6.21% | 3.76% | 5.13% | 4.77% | 5.42% | 3.72% | 3.85% | 4.00% | 3.41% | 3.13% |
Drawdowns
IYF vs. IYG - Drawdown Comparison
The maximum IYF drawdown since its inception was -79.09%, roughly equal to the maximum IYG drawdown of -79.74%. Use the drawdown chart below to compare losses from any high point for IYF and IYG. For additional features, visit the drawdowns tool.
Volatility
IYF vs. IYG - Volatility Comparison
iShares U.S. Financials ETF (IYF) and iShares U.S. Financial Services ETF (IYG) have volatilities of 3.08% and 3.14%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.