PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
IYT vs. VIS
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IYT vs. VIS

Last updated Aug 2, 2026
Documentation

IYT (iShares Transportation Average ETF) and VIS (Vanguard Industrials ETF) are both Industrials Equities funds - IYT tracks the Dow Jones Transportation Average Index while VIS tracks the MSCI US Investable Market Industrials 25/50 Index. Both are passively managed. Over the past 10 years, IYT returned 10.75%/yr vs 13.86%/yr for VIS. Their correlation of 0.86 means they have usually moved in the same direction. IYT charges 0.42%/yr vs 0.09%/yr for VIS.

Performance

IYT vs. VIS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Transportation Average ETF (IYT) and Vanguard Industrials ETF (VIS). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, IYT achieves a 14.55% return, which is significantly lower than VIS's 15.98% return. Over the past 10 years, IYT has underperformed VIS with an annualized return of 10.75%, while VIS has yielded a comparatively higher 13.86% annualized return.

IYT

1D
0.01%
1M
-3.52%
6M
11.47%
YTD
14.55%
1Y
28.75%
3Y*
10.10%
5Y*
7.51%
10Y*
10.75%
ALL TIME*
9.92%

VIS

1D
0.72%
1M
-3.01%
6M
8.07%
YTD
15.98%
1Y
21.89%
3Y*
18.87%
5Y*
13.25%
10Y*
13.86%
ALL TIME*
11.05%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)

IYT

iShares Transportation Average ETF
$61.92M$57.48M$60.22M

VIS

Vanguard Industrials ETF
$22.93M$23.95M$29.49M

IYT vs. VIS - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
IYT
iShares Transportation Average ETF		14.55%11.48%4.10%24.62%-21.74%26.41%14.20%20.11%-12.87%18.89%
VIS
Vanguard Industrials ETF		15.98%18.57%16.85%22.50%-8.57%20.80%12.34%30.09%-14.01%21.47%

Correlation

The correlation between IYT and VIS is 0.68, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

0.68

Correlation (3Y)
Balances recent behavior with more history.

0.77

Correlation (5Y)
Shows whether the relationship held over a longer period.

0.82

Correlation (10Y)
Provides a long-term view across more market conditions.

0.85

Correlation (All Time)
Calculated using the full available price history since Sep 29, 2004

0.86

The correlation between IYT and VIS shifts across timeframes, from 0.68 (1 year) to 0.86 (all time), reflecting how their relationship changes across market environments.

IYT vs. VIS - Sectors Allocation Comparison

Sectors
IYT
VIS

Industrials

84.9%
93.2%

Technology

15.1%
5.5%

Basic Materials

-

0.2%

Communication Services

-

0.0%

Consumer Cyclical

-

0.9%

Consumer Defensive

-

-

Energy

-

0.5%

Financial Services

-

0.2%

Healthcare

-

0.0%

Real Estate

-

0.0%

Utilities

-

0.1%

Industrials

IYT
84.9%
VIS
93.2%

Technology

IYT
15.1%
VIS
5.5%

Basic Materials

IYT

-

VIS
0.2%

Communication Services

IYT

-

VIS
0.0%

Consumer Cyclical

IYT

-

VIS
0.9%

Consumer Defensive

IYT

-

VIS

-

Energy

IYT

-

VIS
0.5%

Financial Services

IYT

-

VIS
0.2%

Healthcare

IYT

-

VIS
0.0%

Real Estate

IYT

-

VIS
0.0%

Utilities

IYT

-

VIS
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 Transportation Average ETF

Vanguard Industrials ETF

Often compared with IYT:
IYT vs. XTNIYT vs. SPYIYT vs. FTXRIYT vs. XLIIYT vs. UNPIYT vs. QQQIYT vs. WBA
Often compared with VIS:
VIS vs. XLIVIS vs. VOOVIS vs. FIDUVIS vs. VGTVIS vs. VINAXVIS vs. IYJVIS vs. PRN

Return for Risk

IYT vs. VIS — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.
IYT
IYT Risk / Return Rank: 5757
Overall Rank
IYT Sharpe Ratio Rank: 5454
Sharpe Ratio Rank
IYT Sortino Ratio Rank: 5454
Sortino Ratio Rank
IYT Omega Ratio Rank: 5252
Omega Ratio Rank
IYT Calmar Ratio Rank: 6262
Calmar Ratio Rank
IYT Martin Ratio Rank: 6262
Martin Ratio Rank
VIS
VIS Risk / Return Rank: 4646
Overall Rank
VIS Sharpe Ratio Rank: 4545
Sharpe Ratio Rank
VIS Sortino Ratio Rank: 4545
Sortino Ratio Rank
VIS Omega Ratio Rank: 4242
Omega Ratio Rank
VIS Calmar Ratio Rank: 4646
Calmar Ratio Rank
VIS Martin Ratio Rank: 5555
Martin Ratio Rank
The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

IYT vs. VIS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Transportation Average ETF (IYT) and Vanguard Industrials ETF (VIS). 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.

IYTVISDifference
Sharpe ratioReturn per unit of total volatility
1.29
1.12

+0.18

Sortino ratioReturn per unit of downside risk
1.89
1.63

+0.25

Omega ratioGain probability vs. loss probability

1.23

1.20

+0.04

Calmar ratioReturn relative to maximum drawdown

2.17

1.63

+0.54

Martin ratioReturn relative to average drawdown

7.44

6.48

+0.96

IYT vs. VIS - Sharpe Ratio Comparison

The current IYT Sharpe Ratio is 1.29, which is comparable to the VIS Sharpe Ratio of 1.12. The chart below compares the historical Sharpe Ratios of IYT and VIS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Drawdowns

IYT vs. VIS - Drawdown Comparison

The maximum IYT drawdown since its inception was -60.39%, roughly equal to the maximum VIS drawdown of -63.51%. Use the drawdown chart below to compare losses from any high point for IYT and VIS.

Loading charts...

Drawdown Indicators

IYTVISDifference

Max Drawdown

Largest peak-to-trough decline

-60.39%

-63.51%

+3.12%

Max Drawdown (1Y)

Largest decline over 1 year

-12.09%

-12.29%

+0.20%

Max Drawdown (3Y)

Largest decline over 3 years

-26.35%

-20.80%

-5.55%

Max Drawdown (5Y)

Largest decline over 5 years

-29.15%

-22.96%

-6.19%

Max Drawdown (10Y)

Largest decline over 10 years

-41.28%

-42.42%

+1.14%

Current Drawdown

Current decline from peak

-5.69%

-4.42%

-1.27%

Average Drawdown

Average peak-to-trough decline

-9.26%

-8.33%

-0.93%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.53%

3.09%

+0.44%

Volatility

IYT vs. VIS - Volatility Comparison

The current volatility for iShares Transportation Average ETF (IYT) is 4.43%, while Vanguard Industrials ETF (VIS) has a volatility of 5.07%. This indicates that IYT experiences smaller price fluctuations and is considered to be less risky than VIS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

IYTVISDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.43%

5.07%

-0.64%

Volatility (6M)

Calculated over the trailing 6-month period

16.10%

14.66%

+1.44%

Volatility (1Y)

Calculated over the trailing 1-year period

20.29%

17.97%

+2.32%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

22.33%

18.55%

+3.78%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

23.11%

20.48%

+2.63%

IYT vs. VIS - Expense Ratio Comparison

IYT has a 0.42% expense ratio, which is higher than VIS's 0.09% expense ratio.

Dividends

IYT vs. VIS - Dividend Comparison

IYT's dividend yield for the trailing twelve months is around 0.92%, more than VIS's 0.90% yield.

PositionTTM20252024202320222021202020192018201720162015
IYT
iShares Transportation Average ETF		0.92%1.00%1.08%1.26%1.40%0.77%0.93%1.29%1.35%0.92%0.96%1.28%
VIS
Vanguard Industrials ETF		0.90%1.01%1.23%1.36%1.52%1.11%1.38%1.68%1.90%1.60%1.81%1.94%

Frequently Asked Questions

IYT and VIS have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

VIS has higher volatility (5.07%) compared to IYT (4.43%). In terms of maximum drawdown, IYT dropped -60.39% vs VIS's -63.51%.

On 10-year performance, VIS leads with 13.86% vs 10.75% for IYT. On fees, VIS is cheaper at 0.09% per year. On volatility, IYT has been the lower-risk option at 4.43%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, VIS has performed better with a 13.86% return vs 10.75%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

VIS is cheaper with a 0.09% expense ratio, compared with 0.42% for IYT.

IYT has the higher dividend yield at 0.92%, compared with 0.90% for VIS.

IYT tracks Dow Jones Transportation Average Index, while VIS tracks MSCI US Investable Market Industrials 25/50 Index. They also come from different issuers: iShares and Vanguard. Their fees differ too: 0.42% for IYT and 0.09% for VIS.

IYT currently has the higher Sharpe Ratio (1.29 vs 1.12), 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.

Portfolio Optimizer

Find the right allocation for IYT and VIS

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer