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IYJ vs. SHPP
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IYJ vs. SHPP

Last updated Jun 24, 2026

IYJ (iShares U.S. Industrials ETF) and SHPP (Pacer Industrials and Logistics ETF) are both Industrials Equities funds - IYJ tracks the Dow Jones U.S. Industrials Index while SHPP tracks the Pacer Global Supply Chain Infrastructure Index - Benchmark TR Net. Both are passively managed. Over the past 3 years, IYJ returned 17.24%/yr vs 11.39%/yr for SHPP. Their correlation of 0.82 suggests significant overlap in exposure. IYJ charges 0.38%/yr vs 0.61%/yr for SHPP.

Performance

IYJ vs. SHPP - Performance Comparison

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

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Returns By Period

In the year-to-date period, IYJ achieves a 8.41% return, which is significantly lower than SHPP's 12.37% return.

IYJ

1D
-1.60%
1M
2.69%
YTD
8.41%
6M
6.89%
1Y
16.33%
3Y*
17.24%
5Y*
8.66%
10Y*
12.86%

SHPP

1D
-0.91%
1M
-1.93%
YTD
12.37%
6M
11.43%
1Y
21.08%
3Y*
11.39%
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

IYJ vs. SHPP - Yearly Performance Comparison

2026 (YTD)2025202420232022
IYJ
iShares U.S. Industrials ETF		8.41%11.94%17.82%19.94%-0.59%
SHPP
Pacer Industrials and Logistics ETF		12.37%12.88%0.76%20.86%-4.12%

Correlation

The correlation between IYJ and SHPP is 0.76, 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

0.76

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

0.78

Correlation (All Time)
Calculated using the full available price history since Jun 9, 2022

0.82

The correlation between IYJ and SHPP has been stable across timeframes, ranging from 0.76 to 0.82 - a consistent structural relationship.

IYJ vs. SHPP - Sectors Allocation Comparison

Sectors
IYJ
SHPP

Industrials

69.0%
87.9%

Financial Services

17.0%
0.2%

Technology

7.8%
11.8%

Basic Materials

4.1%

-

Utilities

3.4%

-

Consumer Cyclical

1.6%
2.2%

Healthcare

0.4%

-

Communication Services

-

-

Consumer Defensive

-

0.1%

Energy

-

-

Real Estate

-

-

Industrials

IYJ
69.0%
SHPP
87.9%

Financial Services

IYJ
17.0%
SHPP
0.2%

Technology

IYJ
7.8%
SHPP
11.8%

Basic Materials

IYJ
4.1%
SHPP

-

Utilities

IYJ
3.4%
SHPP

-

Consumer Cyclical

IYJ
1.6%
SHPP
2.2%

Healthcare

IYJ
0.4%
SHPP

-

Communication Services

IYJ

-

SHPP

-

Consumer Defensive

IYJ

-

SHPP
0.1%

Energy

IYJ

-

SHPP

-

Real Estate

IYJ

-

SHPP

-

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

Pacer Industrials and Logistics ETF

Often compared with IYJ:
IYJ vs. XLIIYJ vs. VISIYJ vs. EXIIYJ vs. FXRIYJ vs. EFIVIYJ vs. IYKIYJ vs. FXAIX
Often compared with SHPP:
SHPP vs. SEASHPP vs. QPXSHPP vs. BOATSHPP vs. PRNSHPP vs. GABFSHPP vs. AIQSHPP vs. AIRR

Return for Risk

IYJ vs. SHPP — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IYJ
IYJ Risk / Return Rank: 3131
Overall Rank
IYJ Sharpe Ratio Rank: 3131
Sharpe Ratio Rank
IYJ Sortino Ratio Rank: 3131
Sortino Ratio Rank
IYJ Omega Ratio Rank: 2828
Omega Ratio Rank
IYJ Calmar Ratio Rank: 3030
Calmar Ratio Rank
IYJ Martin Ratio Rank: 3636
Martin Ratio Rank
SHPP
SHPP Risk / Return Rank: 4242
Overall Rank
SHPP Sharpe Ratio Rank: 4242
Sharpe Ratio Rank
SHPP Sortino Ratio Rank: 4040
Sortino Ratio Rank
SHPP Omega Ratio Rank: 3939
Omega Ratio Rank
SHPP Calmar Ratio Rank: 4141
Calmar Ratio Rank
SHPP Martin Ratio Rank: 4646
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. SHPP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Industrials ETF (IYJ) and Pacer Industrials and Logistics ETF (SHPP). 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.

IYJSHPPDifference
Sharpe ratioReturn per unit of total volatility
1.05
1.36

-0.31

Sortino ratioReturn per unit of downside risk
1.57
1.94

-0.36

Omega ratioGain probability vs. loss probability

1.18

1.24

-0.06

Calmar ratioReturn relative to maximum drawdown

1.44

1.91

-0.47

Martin ratioReturn relative to average drawdown

5.18

7.12

-1.94

IYJ vs. SHPP - Sharpe Ratio Comparison

The current IYJ Sharpe Ratio is 1.05, which is comparable to the SHPP Sharpe Ratio of 1.36. The chart below compares the historical Sharpe Ratios of IYJ and SHPP, 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. SHPP - Drawdown Comparison

The maximum IYJ drawdown since its inception was -61.97%, which is greater than SHPP's maximum drawdown of -21.57%. Use the drawdown chart below to compare losses from any high point for IYJ and SHPP.

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Drawdown Indicators

IYJSHPPDifference

Max Drawdown

Largest peak-to-trough decline

-61.97%

-21.57%

-40.40%

Max Drawdown (1Y)

Largest decline over 1 year

-11.39%

-11.06%

-0.33%

Max Drawdown (3Y)

Largest decline over 3 years

-19.67%

-18.84%

-0.83%

Max Drawdown (5Y)

Largest decline over 5 years

-26.24%

—

—

Max Drawdown (10Y)

Largest decline over 10 years

-40.20%

—

—

Current Drawdown

Current decline from peak

-1.60%

-5.17%

+3.57%

Average Drawdown

Average peak-to-trough decline

-11.19%

-4.23%

-6.96%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.16%

2.97%

+0.19%

Volatility

IYJ vs. SHPP - Volatility Comparison

iShares U.S. Industrials ETF (IYJ) has a higher volatility of 5.66% compared to Pacer Industrials and Logistics ETF (SHPP) at 5.28%. This indicates that IYJ's price experiences larger fluctuations and is considered to be riskier than SHPP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

IYJSHPPDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.66%

5.28%

+0.38%

Volatility (6M)

Calculated over the trailing 6-month period

12.57%

12.72%

-0.15%

Volatility (1Y)

Calculated over the trailing 1-year period

15.69%

15.54%

+0.15%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

18.15%

17.48%

+0.67%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

19.89%

17.48%

+2.41%

IYJ vs. SHPP - Expense Ratio Comparison

IYJ has a 0.38% expense ratio, which is lower than SHPP's 0.61% expense ratio.

Dividends

IYJ vs. SHPP - Dividend Comparison

IYJ's dividend yield for the trailing twelve months is around 0.73%, less than SHPP's 1.77% yield.

PositionTTM20252024202320222021202020192018201720162015
IYJ
iShares U.S. Industrials ETF		0.73%0.83%0.88%1.05%1.05%0.76%1.01%1.32%1.43%1.29%1.38%1.53%
SHPP
Pacer Industrials and Logistics ETF		1.77%1.80%2.41%2.89%1.15%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

IYJ and SHPP have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

IYJ has higher volatility (5.66%) compared to SHPP (5.28%). In terms of maximum drawdown, IYJ dropped -61.97% vs SHPP's -21.57%.

On 3-year performance, IYJ leads with 17.24% vs 11.39% for SHPP. On fees, IYJ is cheaper at 0.38% per year. On volatility, SHPP has been the lower-risk option at 5.28%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 3-year period, IYJ has performed better with a 17.24% return vs 11.39%. 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 0.61% for SHPP.

SHPP has the higher dividend yield at 1.77%, compared with 0.73% for IYJ.

IYJ tracks Dow Jones U.S. Industrials Index, while SHPP tracks Pacer Global Supply Chain Infrastructure Index - Benchmark TR Net. They also come from different issuers: iShares and Pacer. Their fees differ too: 0.38% for IYJ and 0.61% for SHPP.

SHPP currently has the higher Sharpe Ratio (1.36 vs 1.05), 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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