IYT vs. VTV

Last updated Jun 3, 2026

IYT (iShares Transportation Average ETF) and VTV (Vanguard Value ETF) are both exchange-traded funds - IYT is a Transportation Equities fund tracking the Dow Jones Transportation Average Index, while VTV is a Large Cap Value Equities fund tracking the CRSP US Large Cap Value Index. Both are passively managed. Over the past 10 years, IYT returned 10.51%/yr vs 12.48%/yr for VTV. A 0.78 correlation means they provide meaningful diversification when combined. IYT charges 0.42%/yr vs 0.04%/yr for VTV.

Performance

IYT vs. VTV - Performance Comparison

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

Returns By Period

In the year-to-date period, IYT achieves a 13.12% return, which is significantly higher than VTV's 12.28% return. Over the past 10 years, IYT has underperformed VTV with an annualized return of 10.51%, while VTV has yielded a comparatively higher 12.48% annualized return.

IYT

• 1D: -1.00%
• 1M: 3.94%
• YTD: 13.12%
• 6M: 15.04%
• 1Y: 30.40%
• 3Y*: 14.77%
• 5Y*: 5.55%
• 10Y*: 10.51%

VTV

• 1D: 0.88%
• 1M: 3.55%
• YTD: 12.28%
• 6M: 14.14%
• 1Y: 26.90%
• 3Y*: 18.27%
• 5Y*: 11.31%
• 10Y*: 12.48%

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

IYT vs. VTV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IYT iShares Transportation Average ETF	13.12%	11.48%	4.10%	24.62%	-21.74%	26.41%	14.20%	20.11%	-12.87%	18.89%
VTV Vanguard Value ETF	12.28%	15.27%	15.95%	9.32%	-2.09%	26.53%	2.33%	25.66%	-5.47%	17.15%

Correlation

The correlation between IYT and VTV is 0.69, 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	0.69
Correlation (3Y) Calculated over the trailing 3-year period	0.72
Correlation (5Y) Calculated over the trailing 5-year period	0.76
Correlation (10Y) Calculated over the trailing 10-year period	0.77
Correlation (All Time) Calculated using the full available price history since Feb 2, 2004	0.78

The correlation between IYT and VTV has been stable across timeframes, ranging from 0.69 to 0.78 - a consistent structural relationship.

IYT vs. VTV - Sectors Allocation Comparison

Sectors	IYT	VTV
Industrials	83.3%	14.0%
Technology	16.7%	13.4%
Basic Materials	-	3.1%
Communication Services	-	3.3%
Consumer Cyclical	-	4.0%
Consumer Defensive	-	9.4%
Energy	-	8.1%
Financial Services	-	22.3%
Healthcare	-	14.5%
Real Estate	-	2.8%
Utilities	-	5.2%

Return for Risk

IYT vs. VTV — Risk / Return Rank

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

IYT

IYT Risk / Return Rank: 44
IYT Sharpe Ratio Rank: 43
IYT Sortino Ratio Rank: 42
IYT Omega Ratio Rank: 40
IYT Calmar Ratio Rank: 49
IYT Martin Ratio Rank: 48

VTV

VTV Risk / Return Rank: 81
VTV Sharpe Ratio Rank: 81
VTV Sortino Ratio Rank: 84
VTV Omega Ratio Rank: 79
VTV Calmar Ratio Rank: 81
VTV Martin Ratio Rank: 81

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.

IYT vs. VTV - Risk-Adjusted Trends Comparison

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

	IYT	VTV	Difference
Sharpe ratio Return per unit of total volatility	1.51	2.67	-1.16
Sortino ratio Return per unit of downside risk	2.15	3.82	-1.67
Omega ratio Gain probability vs. loss probability	1.26	1.48	-0.21
Calmar ratio Return relative to maximum drawdown	2.47	4.27	-1.80
Martin ratio Return relative to average drawdown	8.00	16.15	-8.15
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IYT vs. VTV - Sharpe Ratio Comparison

The current IYT Sharpe Ratio is 1.51, which is lower than the VTV Sharpe Ratio of 2.67. The chart below compares the historical Sharpe Ratios of IYT and VTV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	IYT	VTV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.51	2.67	-1.16
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.25	0.82	-0.57
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.46	0.75	-0.30
Sharpe Ratio (All Time) Calculated using the full available price history	0.42	0.51	-0.09

Drawdowns

IYT vs. VTV - Drawdown Comparison

The maximum IYT drawdown since its inception was -60.39%, roughly equal to the maximum VTV drawdown of -59.27%. Use the drawdown chart below to compare losses from any high point for IYT and VTV.

Drawdown Indicators

	IYT	VTV	Difference
Max Drawdown Largest peak-to-trough decline	-60.39%	-59.27%	-1.12%
Max Drawdown (1Y) Largest decline over 1 year	-12.09%	-6.35%	-5.74%
Max Drawdown (3Y) Largest decline over 3 years	-26.35%	-14.52%	-11.83%
Max Drawdown (5Y) Largest decline over 5 years	-29.15%	-17.04%	-12.11%
Max Drawdown (10Y) Largest decline over 10 years	-41.28%	-36.78%	-4.50%
Current Drawdown Current decline from peak	-1.00%	0.00%	-1.00%
Average Drawdown Average peak-to-trough decline	-9.32%	-7.87%	-1.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.73%	1.68%	+2.05%

Volatility

IYT vs. VTV - Volatility Comparison

iShares Transportation Average ETF (IYT) has a higher volatility of 7.34% compared to Vanguard Value ETF (VTV) at 2.65%. This indicates that IYT's price experiences larger fluctuations and is considered to be riskier than VTV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IYT	VTV	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.34%	2.65%	+4.69%
Volatility (6M) Calculated over the trailing 6-month period	15.43%	7.59%	+7.84%
Volatility (1Y) Calculated over the trailing 1-year period	20.17%	10.11%	+10.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.29%	13.88%	+8.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.15%	16.67%	+6.48%

IYT vs. VTV - Expense Ratio Comparison

IYT has a 0.42% expense ratio, which is higher than VTV's 0.04% expense ratio.

Dividends

IYT vs. VTV - Dividend Comparison

IYT's dividend yield for the trailing twelve months is around 0.95%, less than VTV's 1.86% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IYT iShares Transportation Average ETF	0.95%	1.00%	1.08%	1.26%	1.40%	0.77%	0.93%	1.29%	1.35%	0.92%	0.96%	1.28%
VTV Vanguard Value ETF	1.86%	2.05%	2.31%	2.46%	2.52%	2.15%	2.56%	2.50%	2.73%	2.29%	2.44%	2.60%

Frequently Asked Questions

Can I hold both IYT and VTV in my portfolio?

IYT and VTV have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IYT or VTV?

IYT has higher volatility (7.34%) compared to VTV (2.65%). In terms of maximum drawdown, IYT dropped -60.39% vs VTV's -59.27%.

Which ETF is better, IYT or VTV?

On 10-year performance, VTV leads with 12.48% vs 10.51% for IYT. On fees, VTV is cheaper at 0.04% per year. On volatility, VTV has been the lower-risk option at 2.65%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IYT or VTV?

Over the 10-year period, VTV has performed better with a 12.48% return vs 10.51%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IYT or VTV?

VTV is cheaper with a 0.04% expense ratio, compared with 0.42% for IYT.

Which ETF pays a higher dividend yield, IYT or VTV?

VTV has the higher dividend yield at 1.86%, compared with 0.95% for IYT.

What is the main difference between IYT and VTV?

IYT is categorized as Transportation Equities, while VTV is Large Cap Value Equities. IYT tracks Dow Jones Transportation Average Index, while VTV tracks CRSP US Large Cap Value Index. They also come from different issuers: iShares and Vanguard. Their fees differ too: 0.42% for IYT and 0.04% for VTV.

Which has better risk-adjusted returns?

VTV currently has the higher Sharpe Ratio (2.67 vs 1.51), 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.