IYF vs. VFH
Compare and contrast key facts about iShares U.S. Financials ETF (IYF) and Vanguard Financials ETF (VFH).
IYF and VFH 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. VFH is a passively managed fund by Vanguard that tracks the performance of the MSCI US Investable Market Financials 25/50 Index. It was launched on Jan 26, 2004. Both IYF and VFH 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 VFH.
Key characteristics
| IYF | VFH | |
|---|---|---|
| YTD Return | 13.77% | 12.08% |
| 1Y Return | 36.92% | 34.73% |
| 3Y Return (Ann) | 7.86% | 6.10% |
| 5Y Return (Ann) | 11.50% | 11.38% |
| 10Y Return (Ann) | 11.21% | 11.17% |
| Sharpe Ratio | 2.87 | 2.73 |
| Daily Std Dev | 13.15% | 13.03% |
| Max Drawdown | -79.09% | -78.61% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between IYF and VFH is 0.98, 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. VFH - Performance Comparison
In the year-to-date period, IYF achieves a 13.77% return, which is significantly higher than VFH's 12.08% return. Both investments have delivered pretty close results over the past 10 years, with IYF having a 11.21% annualized return and VFH not far behind at 11.17%. 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. VFH - Expense Ratio Comparison
IYF has a 0.42% expense ratio, which is higher than VFH's 0.10% expense ratio.
Risk-Adjusted Performance
IYF vs. VFH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Financials ETF (IYF) and Vanguard Financials ETF (VFH). 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. VFH - Dividend Comparison
IYF's dividend yield for the trailing twelve months is around 1.44%, less than VFH's 1.83% 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% |
VFH Vanguard Financials ETF | 1.83% | 2.08% | 2.31% | 1.87% | 2.21% | 2.17% | 2.30% | 1.53% | 1.63% | 2.00% | 1.85% | 1.82% |
Drawdowns
IYF vs. VFH - Drawdown Comparison
The maximum IYF drawdown since its inception was -79.09%, roughly equal to the maximum VFH drawdown of -78.61%. Use the drawdown chart below to compare losses from any high point for IYF and VFH. For additional features, visit the drawdowns tool.
Volatility
IYF vs. VFH - Volatility Comparison
iShares U.S. Financials ETF (IYF) has a higher volatility of 3.08% compared to Vanguard Financials ETF (VFH) at 2.91%. This indicates that IYF's price experiences larger fluctuations and is considered to be riskier than VFH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.