IYK vs. IEDI

Last updated Jul 12, 2026

IYK (iShares U.S. Consumer Staples ETF) and IEDI (iShares Evolved U.S. Discretionary Spending ETF) are both exchange-traded funds - IYK is a Consumer Staples Equities fund tracking the Russell 1000 Consumer Staples RIC 22.5/45 Capped Index, while IEDI is a Consumer Discretionary Equities fund actively managed by iShares. IYK is passively managed, while IEDI is actively managed. Over the past 5 years, IYK returned 6.42%/yr vs 5.22%/yr for IEDI. A 0.54 correlation means they provide meaningful diversification when combined. IYK charges 0.38%/yr vs 0.18%/yr for IEDI.

Performance

IYK vs. IEDI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares U.S. Consumer Staples ETF (IYK) and iShares Evolved U.S. Discretionary Spending ETF (IEDI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IYK achieves a 11.38% return, which is significantly higher than IEDI's 0.16% return.

IYK

• 1D: 0.85%
• 1M: 0.43%
• 6M: 10.92%
• YTD: 11.38%
• 1Y: 8.20%
• 3Y*: 6.45%
• 5Y*: 6.42%
• 10Y*: 8.99%

IEDI

• 1D: 0.72%
• 1M: -1.21%
• 6M: -4.88%
• YTD: 0.16%
• 1Y: 0.48%
• 3Y*: 11.77%
• 5Y*: 5.22%
• 10Y*: —

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

IYK vs. IEDI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
IYK iShares U.S. Consumer Staples ETF	11.38%	4.78%	5.27%	-2.84%	3.57%	17.32%	32.65%	28.12%	-7.23%
IEDI iShares Evolved U.S. Discretionary Spending ETF	0.16%	4.05%	22.11%	24.32%	-23.17%	21.19%	29.83%	31.07%	0.42%

Correlation

The correlation between IYK and IEDI is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.37
Correlation (3Y) Calculated over the trailing 3-year period	0.39
Correlation (5Y) Calculated over the trailing 5-year period	0.45
Correlation (All Time) Calculated using the full available price history since Mar 23, 2018	0.54

The correlation between IYK and IEDI shifts across timeframes, from 0.37 (1 year) to 0.54 (all time), reflecting how their relationship changes across market environments.

IYK vs. IEDI - Sectors Allocation Comparison

Sectors	IYK	IEDI
Consumer Defensive	85.2%	23.3%
Healthcare	10.7%	0.2%
Basic Materials	2.6%	-
Consumer Cyclical	1.4%	63.1%
Industrials	0.1%	3.7%
Communication Services	-	3.0%
Energy	-	0.1%
Financial Services	-	2.0%
Real Estate	-	0.5%
Technology	-	3.3%
Utilities	-	-

Return for Risk

IYK vs. IEDI — Risk / Return Rank

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

IYK

IYK Risk / Return Rank: 19
IYK Sharpe Ratio Rank: 21
IYK Sortino Ratio Rank: 20
IYK Omega Ratio Rank: 18
IYK Calmar Ratio Rank: 20
IYK Martin Ratio Rank: 18

IEDI

IEDI Risk / Return Rank: 9
IEDI Sharpe Ratio Rank: 9
IEDI Sortino Ratio Rank: 9
IEDI Omega Ratio Rank: 9
IEDI Calmar Ratio Rank: 9
IEDI Martin Ratio Rank: 9

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. IEDI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Consumer Staples ETF (IYK) and iShares Evolved U.S. Discretionary Spending ETF (IEDI). 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.

	IYK	IEDI	Difference
Sharpe ratio: Return per unit of total volatility	0.59	-0.01	+0.60
Sortino ratio: Return per unit of downside risk	0.93	0.08	+0.84
Omega ratio: Gain probability vs. loss probability	1.11	1.01	+0.10
Calmar ratio: Return relative to maximum drawdown	0.72	-0.02	+0.74
Martin ratio: Return relative to average drawdown	1.46	-0.04	+1.50

IYK vs. IEDI - Sharpe Ratio Comparison

The current IYK Sharpe Ratio is 0.59, which is higher than the IEDI Sharpe Ratio of -0.01. The chart below compares the historical Sharpe Ratios of IYK and IEDI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

IYK vs. IEDI - Drawdown Comparison

The maximum IYK drawdown since its inception was -42.64%, which is greater than IEDI's maximum drawdown of -30.60%. Use the drawdown chart below to compare losses from any high point for IYK and IEDI.

Drawdown Indicators

	IYK	IEDI	Difference
Max Drawdown Largest peak-to-trough decline	-42.64%	-30.60%	-12.04%
Max Drawdown (1Y) Largest decline over 1 year	-10.68%	-9.44%	-1.24%
Max Drawdown (3Y) Largest decline over 3 years	-12.14%	-18.64%	+6.50%
Max Drawdown (5Y) Largest decline over 5 years	-15.05%	-29.79%	+14.74%
Max Drawdown (10Y) Largest decline over 10 years	-33.19%	—	—
Current Drawdown Current decline from peak	-4.00%	-5.69%	+1.69%
Average Drawdown Average peak-to-trough decline	-5.07%	-6.91%	+1.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.26%	4.23%	+1.03%

Volatility

IYK vs. IEDI - Volatility Comparison

iShares U.S. Consumer Staples ETF (IYK) has a higher volatility of 5.17% compared to iShares Evolved U.S. Discretionary Spending ETF (IEDI) at 4.77%. This indicates that IYK's price experiences larger fluctuations and is considered to be riskier than IEDI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IYK	IEDI	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.17%	4.77%	+0.40%
Volatility (6M) Calculated over the trailing 6-month period	10.58%	10.86%	-0.28%
Volatility (1Y) Calculated over the trailing 1-year period	13.16%	13.84%	-0.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.16%	18.30%	-5.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.53%	19.40%	-3.87%

IYK vs. IEDI - Expense Ratio Comparison

IYK has a 0.38% expense ratio, which is higher than IEDI's 0.18% expense ratio.

Dividends

IYK vs. IEDI - Dividend Comparison

IYK's dividend yield for the trailing twelve months is around 2.57%, more than IEDI's 0.96% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IEDI iShares Evolved U.S. Discretionary Spending ETF	0.96%	0.95%	0.90%	1.13%	3.38%	0.70%	0.83%	2.07%	1.57%	0.00%	0.00%	0.00%
IYK iShares U.S. Consumer Staples ETF	2.57%	2.75%	2.63%	2.74%	2.16%	1.49%	1.42%	2.21%	2.81%	1.74%	2.63%	2.11%

Frequently Asked Questions

Can I hold both IYK and IEDI in my portfolio?

IYK and IEDI have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IYK or IEDI?

IYK has higher volatility (5.17%) compared to IEDI (4.77%). In terms of maximum drawdown, IYK dropped -42.64% vs IEDI's -30.60%.

Which ETF is better, IYK or IEDI?

On 5-year performance, IYK leads with 6.42% vs 5.22% for IEDI. On fees, IEDI is cheaper at 0.18% per year. On volatility, IEDI has been the lower-risk option at 4.77%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IYK or IEDI?

Over the 5-year period, IYK has performed better with a 6.42% return vs 5.22%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IYK or IEDI?

IEDI is cheaper with a 0.18% expense ratio, compared with 0.38% for IYK.

Which ETF pays a higher dividend yield, IYK or IEDI?

IYK has the higher dividend yield at 2.57%, compared with 0.96% for IEDI.

What is the main difference between IYK and IEDI?

IYK is categorized as Consumer Staples Equities, while IEDI is Consumer Discretionary Equities. Their fees differ too: 0.38% for IYK and 0.18% for IEDI.

Which has better risk-adjusted returns?

IYK currently has the higher Sharpe Ratio (0.59 vs -0.01), 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.