IYK vs. IYF

Last updated Jun 14, 2026

IYK (iShares U.S. Consumer Goods ETF) and IYF (iShares U.S. Financials ETF) are both exchange-traded funds - IYK is a Consumer Staples Equities fund tracking the Dow Jones U.S. Consumer Goods Index, while IYF is a Financials Equities fund tracking the Dow Jones U.S. Financials Index. Both are passively managed. Over the past 10 years, IYK returned 9.42%/yr vs 13.53%/yr for IYF. A 0.62 correlation means they provide meaningful diversification when combined. Both charge a 0.42% expense ratio.

Performance

IYK vs. IYF - Performance Comparison

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

Returns By Period

In the year-to-date period, IYK achieves a 10.91% return, which is significantly higher than IYF's -0.19% return. Over the past 10 years, IYK has underperformed IYF with an annualized return of 9.42%, while IYF has yielded a comparatively higher 13.53% annualized return.

IYK

• 1D: 0.70%
• 1M: 1.92%
• YTD: 10.91%
• 6M: 10.35%
• 1Y: 7.28%
• 3Y*: 6.56%
• 5Y*: 6.67%
• 10Y*: 9.42%

IYF

• 1D: 1.38%
• 1M: 4.53%
• YTD: -0.19%
• 6M: -0.21%
• 1Y: 13.73%
• 3Y*: 21.71%
• 5Y*: 10.87%
• 10Y*: 13.53%

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

IYK vs. IYF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IYK iShares U.S. Consumer Goods ETF	10.91%	4.78%	5.27%	-2.84%	3.57%	17.32%	32.65%	28.12%	-13.84%	16.53%
IYF iShares U.S. Financials ETF	-0.19%	18.25%	31.30%	15.32%	-11.33%	31.60%	-1.00%	31.86%	-9.39%	19.58%

Correlation

The correlation between IYK and IYF is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.19
Correlation (3Y) Calculated over the trailing 3-year period	0.31
Correlation (5Y) Calculated over the trailing 5-year period	0.43
Correlation (10Y) Calculated over the trailing 10-year period	0.52
Correlation (All Time) Calculated using the full available price history since Jun 16, 2000	0.62

Over the past year, the correlation between IYK and IYF has dropped to 0.19 - well below their long-term average of 0.62, suggesting their price drivers have been diverging.

IYK vs. IYF - Sectors Allocation Comparison

Sectors	IYK	IYF
Consumer Defensive	85.2%	-
Healthcare	10.7%	-
Basic Materials	2.6%	-
Consumer Cyclical	1.4%	-
Industrials	0.1%	-
Communication Services	-	-
Energy	-	-
Financial Services	-	99.1%
Real Estate	-	0.6%
Technology	-	0.3%
Utilities	-	-

Return for Risk

IYK vs. IYF — Risk / Return Rank

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

IYK

IYK Risk / Return Rank: 17
IYK Sharpe Ratio Rank: 18
IYK Sortino Ratio Rank: 17
IYK Omega Ratio Rank: 17
IYK Calmar Ratio Rank: 17
IYK Martin Ratio Rank: 16

IYF

IYF Risk / Return Rank: 24
IYF Sharpe Ratio Rank: 27
IYF Sortino Ratio Rank: 25
IYF Omega Ratio Rank: 25
IYF Calmar Ratio Rank: 22
IYF Martin Ratio Rank: 22

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. IYF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Consumer Goods ETF (IYK) and iShares U.S. Financials ETF (IYF). 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	IYF	Difference
Sharpe ratio: Return per unit of total volatility	0.50	0.84	-0.34
Sortino ratio: Return per unit of downside risk	0.80	1.21	-0.41
Omega ratio: Gain probability vs. loss probability	1.09	1.15	-0.06
Calmar ratio: Return relative to maximum drawdown	0.59	0.88	-0.29
Martin ratio: Return relative to average drawdown	1.23	2.38	-1.15

IYK vs. IYF - Sharpe Ratio Comparison

The current IYK Sharpe Ratio is 0.50, which is lower than the IYF Sharpe Ratio of 0.84. The chart below compares the historical Sharpe Ratios of IYK and IYF, 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. IYF - Drawdown Comparison

The maximum IYK drawdown since its inception was -42.64%, smaller than the maximum IYF drawdown of -79.09%. Use the drawdown chart below to compare losses from any high point for IYK and IYF.

Drawdown Indicators

	IYK	IYF	Difference
Max Drawdown Largest peak-to-trough decline	-42.64%	-79.09%	+36.45%
Max Drawdown (1Y) Largest decline over 1 year	-10.68%	-13.88%	+3.20%
Max Drawdown (3Y) Largest decline over 3 years	-12.14%	-16.60%	+4.46%
Max Drawdown (5Y) Largest decline over 5 years	-15.05%	-25.06%	+10.01%
Max Drawdown (10Y) Largest decline over 10 years	-33.19%	-42.57%	+9.38%
Current Drawdown Current decline from peak	-4.40%	-3.25%	-1.15%
Average Drawdown Average peak-to-trough decline	-5.07%	-17.59%	+12.52%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.13%	5.13%	0.00%

Volatility

IYK vs. IYF - Volatility Comparison

iShares U.S. Consumer Goods ETF (IYK) has a higher volatility of 4.75% compared to iShares U.S. Financials ETF (IYF) at 4.27%. This indicates that IYK's price experiences larger fluctuations and is considered to be riskier than IYF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IYK	IYF	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.75%	4.27%	+0.48%
Volatility (6M) Calculated over the trailing 6-month period	9.77%	11.12%	-1.35%
Volatility (1Y) Calculated over the trailing 1-year period	12.59%	14.58%	-1.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.05%	19.04%	-5.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.53%	20.90%	-5.37%

IYK vs. IYF - Expense Ratio Comparison

Both IYK and IYF have an expense ratio of 0.42%.

Dividends

IYK vs. IYF - Dividend Comparison

IYK's dividend yield for the trailing twelve months is around 2.56%, more than IYF's 1.49% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IYF iShares U.S. Financials ETF	1.49%	1.32%	1.29%	1.67%	1.86%	1.27%	1.72%	1.64%	1.90%	1.46%	1.67%	1.66%
IYK iShares U.S. Consumer Goods ETF	2.56%	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 IYF in my portfolio?

IYK and IYF have a correlation of 0.19, 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 IYF?

IYK has higher volatility (4.75%) compared to IYF (4.27%). In terms of maximum drawdown, IYK dropped -42.64% vs IYF's -79.09%.

Which ETF is better, IYK or IYF?

On 10-year performance, IYF leads with 13.53% vs 9.42% for IYK. Both ETFs have the same 0.42% expense ratio. On volatility, IYF has been the lower-risk option at 4.27%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IYK or IYF?

Over the 10-year period, IYF has performed better with a 13.53% return vs 9.42%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IYK or IYF?

IYK and IYF have the same expense ratio: 0.42% per year.

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

IYK has the higher dividend yield at 2.56%, compared with 1.49% for IYF.

What is the main difference between IYK and IYF?

IYK is categorized as Consumer Staples Equities, while IYF is Financials Equities. IYK tracks Dow Jones U.S. Consumer Goods Index, while IYF tracks Dow Jones U.S. Financials Index.

Which has better risk-adjusted returns?

IYF currently has the higher Sharpe Ratio (0.84 vs 0.50), 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.