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IYJ vs. IGF
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IYJ vs. IGF

Last updated Jun 26, 2026

IYJ (iShares U.S. Industrials ETF) and IGF (iShares Global Infrastructure ETF) are both Industrials Equities funds from iShares - IYJ tracks the Dow Jones U.S. Industrials Index while IGF tracks the S&P Global Infrastructure Index (Net). Both are passively managed. Over the past 10 years, IYJ returned 13.46%/yr vs 9.01%/yr for IGF. A 0.71 correlation means they provide meaningful diversification when combined. IYJ charges 0.38%/yr vs 0.39%/yr for IGF.

Performance

IYJ vs. IGF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares U.S. Industrials ETF (IYJ) and iShares Global Infrastructure ETF (IGF). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

The year-to-date returns for both stocks are quite close, with IYJ having a 11.48% return and IGF slightly lower at 11.26%. Over the past 10 years, IYJ has outperformed IGF with an annualized return of 13.46%, while IGF has yielded a comparatively lower 9.01% annualized return.

IYJ

1D
1.65%
1M
4.26%
YTD
11.48%
6M
9.61%
1Y
19.35%
3Y*
18.18%
5Y*
9.21%
10Y*
13.46%

IGF

1D
1.08%
1M
0.91%
YTD
11.26%
6M
10.45%
1Y
19.51%
3Y*
17.01%
5Y*
10.97%
10Y*
9.01%
*Multi-year figures are annualized to reflect compound growth (CAGR)

IYJ vs. IGF - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
IYJ
iShares U.S. Industrials ETF		11.48%11.94%17.82%19.94%-13.53%17.02%17.37%32.27%-11.69%23.98%
IGF
iShares Global Infrastructure ETF		11.26%21.31%14.81%6.14%-1.26%11.57%-6.50%25.82%-9.95%19.31%

Correlation

The correlation between IYJ and IGF is 0.53, 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

0.53

Correlation (3Y)
Calculated over the trailing 3-year period

0.57

Correlation (5Y)
Calculated over the trailing 5-year period

0.65

Correlation (10Y)
Calculated over the trailing 10-year period

0.64

Correlation (All Time)
Calculated using the full available price history since Dec 12, 2007

0.71

The correlation between IYJ and IGF shifts across timeframes, from 0.53 (1 year) to 0.71 (all time), reflecting how their relationship changes across market environments.

IYJ vs. IGF - Sectors Allocation Comparison

Sectors
IYJ
IGF

Industrials

69.0%
40.6%

Financial Services

17.0%

-

Technology

7.8%

-

Basic Materials

4.1%

-

Utilities

3.4%
39.7%

Consumer Cyclical

1.6%

-

Healthcare

0.4%

-

Communication Services

-

-

Consumer Defensive

-

-

Energy

-

19.6%

Real Estate

-

0.1%

Industrials

IYJ
69.0%
IGF
40.6%

Financial Services

IYJ
17.0%
IGF

-

Technology

IYJ
7.8%
IGF

-

Basic Materials

IYJ
4.1%
IGF

-

Utilities

IYJ
3.4%
IGF
39.7%

Consumer Cyclical

IYJ
1.6%
IGF

-

Healthcare

IYJ
0.4%
IGF

-

Communication Services

IYJ

-

IGF

-

Consumer Defensive

IYJ

-

IGF

-

Energy

IYJ

-

IGF
19.6%

Real Estate

IYJ

-

IGF
0.1%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares U.S. Industrials ETF

iShares Global Infrastructure ETF

Often compared with IYJ:
IYJ vs. XLIIYJ vs. VISIYJ vs. EXIIYJ vs. FXRIYJ vs. EFIVIYJ vs. IYKIYJ vs. FXAIX
Often compared with IGF:
IGF vs. IFRAIGF vs. GIIIGF vs. NFRAIGF vs. SPYIGF vs. GLIFXIGF vs. VPUIGF vs. XLU

Return for Risk

IYJ vs. IGF — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IYJ
IYJ Risk / Return Rank: 3939
Overall Rank
IYJ Sharpe Ratio Rank: 3838
Sharpe Ratio Rank
IYJ Sortino Ratio Rank: 3939
Sortino Ratio Rank
IYJ Omega Ratio Rank: 3535
Omega Ratio Rank
IYJ Calmar Ratio Rank: 3838
Calmar Ratio Rank
IYJ Martin Ratio Rank: 4242
Martin Ratio Rank
IGF
IGF Risk / Return Rank: 6666
Overall Rank
IGF Sharpe Ratio Rank: 6666
Sharpe Ratio Rank
IGF Sortino Ratio Rank: 6666
Sortino Ratio Rank
IGF Omega Ratio Rank: 6363
Omega Ratio Rank
IGF Calmar Ratio Rank: 7575
Calmar Ratio Rank
IGF Martin Ratio Rank: 6161
Martin Ratio Rank
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.

IYJ vs. IGF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Industrials ETF (IYJ) and iShares Global Infrastructure ETF (IGF). 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.

IYJIGFDifference
Sharpe ratioReturn per unit of total volatility
1.24
1.85

-0.61

Sortino ratioReturn per unit of downside risk
1.83
2.62

-0.79

Omega ratioGain probability vs. loss probability

1.22

1.33

-0.12

Calmar ratioReturn relative to maximum drawdown

1.71

3.34

-1.63

Martin ratioReturn relative to average drawdown

6.14

9.39

-3.26

IYJ vs. IGF - Sharpe Ratio Comparison

The current IYJ Sharpe Ratio is 1.24, which is lower than the IGF Sharpe Ratio of 1.85. The chart below compares the historical Sharpe Ratios of IYJ and IGF, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

IYJ vs. IGF - Drawdown Comparison

The maximum IYJ drawdown since its inception was -61.97%, which is greater than IGF's maximum drawdown of -58.33%. Use the drawdown chart below to compare losses from any high point for IYJ and IGF.

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Drawdown Indicators

IYJIGFDifference

Max Drawdown

Largest peak-to-trough decline

-61.97%

-58.33%

-3.64%

Max Drawdown (1Y)

Largest decline over 1 year

-11.39%

-5.87%

-5.52%

Max Drawdown (3Y)

Largest decline over 3 years

-19.67%

-14.28%

-5.39%

Max Drawdown (5Y)

Largest decline over 5 years

-26.24%

-20.83%

-5.41%

Max Drawdown (10Y)

Largest decline over 10 years

-40.20%

-42.11%

+1.91%

Current Drawdown

Current decline from peak

0.00%

-1.59%

+1.59%

Average Drawdown

Average peak-to-trough decline

-11.19%

-11.84%

+0.65%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.16%

2.08%

+1.08%

Volatility

IYJ vs. IGF - Volatility Comparison

iShares U.S. Industrials ETF (IYJ) has a higher volatility of 5.80% compared to iShares Global Infrastructure ETF (IGF) at 3.52%. This indicates that IYJ's price experiences larger fluctuations and is considered to be riskier than IGF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

IYJIGFDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.80%

3.52%

+2.28%

Volatility (6M)

Calculated over the trailing 6-month period

12.65%

8.77%

+3.88%

Volatility (1Y)

Calculated over the trailing 1-year period

15.70%

10.59%

+5.11%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

18.16%

13.97%

+4.19%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

19.89%

16.72%

+3.17%

IYJ vs. IGF - Expense Ratio Comparison

IYJ has a 0.38% expense ratio, which is lower than IGF's 0.39% expense ratio.

Dividends

IYJ vs. IGF - Dividend Comparison

IYJ's dividend yield for the trailing twelve months is around 0.71%, less than IGF's 2.87% yield.

PositionTTM20252024202320222021202020192018201720162015
IGF
iShares Global Infrastructure ETF		2.87%3.23%3.21%3.36%2.67%2.42%2.33%3.27%3.52%2.95%2.98%3.25%
IYJ
iShares U.S. Industrials ETF		0.71%0.83%0.88%1.05%1.05%0.76%1.01%1.32%1.43%1.29%1.38%1.53%

Frequently Asked Questions

IYJ and IGF have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

IYJ has higher volatility (5.80%) compared to IGF (3.52%). In terms of maximum drawdown, IYJ dropped -61.97% vs IGF's -58.33%.

On 10-year performance, IYJ leads with 13.46% vs 9.01% for IGF. On fees, IYJ is cheaper at 0.38% per year. On volatility, IGF has been the lower-risk option at 3.52%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, IYJ has performed better with a 13.46% return vs 9.01%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

IYJ is cheaper with a 0.38% expense ratio, compared with 0.39% for IGF.

IGF has the higher dividend yield at 2.87%, compared with 0.71% for IYJ.

IYJ tracks Dow Jones U.S. Industrials Index, while IGF tracks S&P Global Infrastructure Index (Net). Their fees differ too: 0.38% for IYJ and 0.39% for IGF.

IGF currently has the higher Sharpe Ratio (1.85 vs 1.24), 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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