IYG vs. IXG
Compare and contrast key facts about iShares U.S. Financial Services ETF (IYG) and iShares Global Financials ETF (IXG).
IYG and IXG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. IXG is a passively managed fund by iShares that tracks the performance of the S&P Global Financials Sector Index. It was launched on Nov 12, 2001. Both IYG and IXG 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: IYG or IXG.
Correlation
The correlation between IYG and IXG is 0.85, 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
IYG vs. IXG - Performance Comparison
Key characteristics
IYG:
2.63
IXG:
2.66
IYG:
3.71
IXG:
3.50
IYG:
1.49
IXG:
1.48
IYG:
4.93
IXG:
4.68
IYG:
16.93
IXG:
15.57
IYG:
2.52%
IXG:
2.21%
IYG:
16.17%
IXG:
12.89%
IYG:
-81.84%
IXG:
-78.42%
IYG:
0.00%
IXG:
0.00%
Returns By Period
In the year-to-date period, IYG achieves a 5.78% return, which is significantly higher than IXG's 4.76% return. Over the past 10 years, IYG has outperformed IXG with an annualized return of 12.97%, while IXG has yielded a comparatively lower 9.15% annualized return.
IYG
5.78%
5.82%
20.32%
39.65%
11.85%
12.97%
IXG
4.76%
5.25%
14.16%
32.47%
10.94%
9.15%
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IYG vs. IXG - Expense Ratio Comparison
IYG has a 0.42% expense ratio, which is lower than IXG's 0.46% expense ratio.
Risk-Adjusted Performance
IYG vs. IXG — Risk-Adjusted Performance Rank
IYG
IXG
IYG vs. IXG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Financial Services ETF (IYG) and iShares Global Financials ETF (IXG). 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
IYG vs. IXG - Dividend Comparison
IYG's dividend yield for the trailing twelve months is around 1.10%, less than IXG's 2.52% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IYG iShares U.S. Financial Services ETF | 1.10% | 1.16% | 1.77% | 2.07% | 1.25% | 1.71% | 1.59% | 1.81% | 1.24% | 1.28% | 1.33% | 1.14% |
IXG iShares Global Financials ETF | 2.52% | 2.64% | 2.62% | 3.71% | 1.68% | 2.13% | 2.87% | 3.14% | 2.12% | 2.21% | 2.79% | 2.38% |
Drawdowns
IYG vs. IXG - Drawdown Comparison
The maximum IYG drawdown since its inception was -81.84%, roughly equal to the maximum IXG drawdown of -78.42%. Use the drawdown chart below to compare losses from any high point for IYG and IXG. For additional features, visit the drawdowns tool.
Volatility
IYG vs. IXG - Volatility Comparison
iShares U.S. Financial Services ETF (IYG) has a higher volatility of 6.38% compared to iShares Global Financials ETF (IXG) at 5.20%. This indicates that IYG's price experiences larger fluctuations and is considered to be riskier than IXG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.