IYK vs. EMIF

Last updated Apr 1, 2026

Compare and contrast key facts about iShares U.S. Consumer Goods ETF (IYK) and iShares Emerging Markets Infrastructure ETF (EMIF).

IYK and EMIF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IYK is a passively managed fund by iShares that tracks the performance of the Dow Jones U.S. Consumer Goods Index. It was launched on Jun 12, 2000. EMIF is a passively managed fund by iShares that tracks the performance of the S&P Emerging Markets Infrastructure Index. It was launched on Jun 16, 2009. Both IYK and EMIF are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

IYK vs. EMIF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares U.S. Consumer Goods ETF (IYK) and iShares Emerging Markets Infrastructure ETF (EMIF). The values are adjusted to include any dividend payments, if applicable.

IYK vs. EMIF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IYK iShares U.S. Consumer Goods ETF	5.13%	4.78%	5.27%	-2.84%	3.57%	17.32%	32.65%	28.12%	-13.84%	16.53%
EMIF iShares Emerging Markets Infrastructure ETF	6.16%	33.90%	1.21%	5.67%	-12.59%	3.76%	-19.98%	16.36%	-13.70%	20.70%

Returns By Period

In the year-to-date period, IYK achieves a 5.13% return, which is significantly lower than EMIF's 6.16% return. Over the past 10 years, IYK has outperformed EMIF with an annualized return of 8.81%, while EMIF has yielded a comparatively lower 2.68% annualized return.

IYK

• 1D: 0.10%
• 1M: -9.38%
• YTD: 5.13%
• 6M: 3.93%
• 1Y: 0.54%
• 3Y*: 4.51%
• 5Y*: 6.02%
• 10Y*: 8.81%

EMIF

• 1D: 1.91%
• 1M: -8.08%
• YTD: 6.16%
• 6M: 12.77%
• 1Y: 39.99%
• 3Y*: 13.95%
• 5Y*: 6.54%
• 10Y*: 2.68%

*Multi-year figures are annualized to reflect compound growth (CAGR)

IYK vs. EMIF - Expense Ratio Comparison

IYK has a 0.42% expense ratio, which is lower than EMIF's 0.75% expense ratio.

EMIF

iShares Emerging Markets Infrastructure ETF

IYK

iShares U.S. Consumer Goods ETF

Return for Risk

IYK vs. EMIF — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IYK

IYK Risk / Return Rank: 14
IYK Sharpe Ratio Rank: 13
IYK Sortino Ratio Rank: 12
IYK Omega Ratio Rank: 12
IYK Calmar Ratio Rank: 16
IYK Martin Ratio Rank: 16

EMIF

EMIF Risk / Return Rank: 95
EMIF Sharpe Ratio Rank: 95
EMIF Sortino Ratio Rank: 95
EMIF Omega Ratio Rank: 95
EMIF Calmar Ratio Rank: 94
EMIF Martin Ratio Rank: 93

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.

IYK vs. EMIF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Consumer Goods ETF (IYK) and iShares Emerging Markets Infrastructure ETF (EMIF). 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.

	IYK	EMIF	Difference
Sharpe ratio Return per unit of total volatility	0.04	2.41	-2.37
Sortino ratio Return per unit of downside risk	0.15	3.15	-3.00
Omega ratio Gain probability vs. loss probability	1.02	1.47	-0.45
Calmar ratio Return relative to maximum drawdown	0.19	3.78	-3.59
Martin ratio Return relative to average drawdown	0.46	13.68	-13.22
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IYK vs. EMIF - Sharpe Ratio Comparison

The current IYK Sharpe Ratio is 0.04, which is lower than the EMIF Sharpe Ratio of 2.41. The chart below compares the historical Sharpe Ratios of IYK and EMIF, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	IYK	EMIF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.04	2.41	-2.37
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.47	0.33	+0.13
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.57	0.13	+0.44
Sharpe Ratio (All Time) Calculated using the full available price history	0.56	0.18	+0.38

Correlation

The correlation between IYK and EMIF is 0.46, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

IYK vs. EMIF - Dividend Comparison

IYK's dividend yield for the trailing twelve months is around 2.70%, less than EMIF's 4.67% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IYK iShares U.S. Consumer Goods ETF	2.70%	2.75%	2.63%	2.74%	2.16%	1.49%	1.42%	2.21%	2.81%	1.74%	2.63%	2.11%
EMIF iShares Emerging Markets Infrastructure ETF	4.67%	4.96%	4.12%	2.64%	3.08%	3.94%	2.54%	2.07%	2.64%	2.58%	3.16%	2.07%

Drawdowns

IYK vs. EMIF - Drawdown Comparison

The maximum IYK drawdown since its inception was -42.64%, smaller than the maximum EMIF drawdown of -48.02%. Use the drawdown chart below to compare losses from any high point for IYK and EMIF.

Drawdown Indicators

	IYK	EMIF	Difference
Max Drawdown Largest peak-to-trough decline	-42.64%	-48.02%	+5.38%
Max Drawdown (1Y) Largest decline over 1 year	-10.38%	-10.49%	+0.11%
Max Drawdown (5Y) Largest decline over 5 years	-15.05%	-23.68%	+8.63%
Max Drawdown (10Y) Largest decline over 10 years	-33.19%	-48.02%	+14.83%
Current Drawdown Current decline from peak	-9.38%	-8.65%	-0.73%
Average Drawdown Average peak-to-trough decline	-5.05%	-16.00%	+10.95%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.20%	2.89%	+1.31%

Volatility

IYK vs. EMIF - Volatility Comparison

The current volatility for iShares U.S. Consumer Goods ETF (IYK) is 4.14%, while iShares Emerging Markets Infrastructure ETF (EMIF) has a volatility of 7.64%. This indicates that IYK experiences smaller price fluctuations and is considered to be less risky than EMIF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IYK	EMIF	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.14%	7.64%	-3.50%
Volatility (6M) Calculated over the trailing 6-month period	9.03%	12.00%	-2.97%
Volatility (1Y) Calculated over the trailing 1-year period	13.58%	16.67%	-3.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.98%	19.63%	-6.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.46%	20.61%	-5.15%