IYW vs. GRRR
IYW (iShares U.S. Technology ETF) is Technology Equities fund tracking the Russell 1000 Technology RIC 22.5/45 Capped Index, while GRRR (Gorilla Technology Group Inc.) is a stock. Over the past 3 years, IYW returned 32.06%/yr vs -0.38%/yr for GRRR. At a 0.17 correlation, their price movements are largely independent.
Performance
IYW vs. GRRR - Performance Comparison
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Returns By Period
In the year-to-date period, IYW achieves a 22.66% return, which is significantly lower than GRRR's 59.34% return.
IYW
- 1D
- 0.61%
- 1M
- 1.73%
- YTD
- 22.66%
- 6M
- 23.40%
- 1Y
- 47.94%
- 3Y*
- 32.06%
- 5Y*
- 21.19%
- 10Y*
- 25.63%
GRRR
- 1D
- -2.14%
- 1M
- 25.54%
- YTD
- 59.34%
- 6M
- 26.64%
- 1Y
- -15.49%
- 3Y*
- -0.38%
- 5Y*
- —
- 10Y*
- —
IYW vs. GRRR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
IYW iShares U.S. Technology ETF | 22.66% | 25.38% | 30.25% | 65.44% | -7.72% |
GRRR Gorilla Technology Group Inc. | 59.34% | -39.53% | 234.82% | -93.35% | -45.75% |
Correlation
The correlation between IYW and GRRR is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.45 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Jul 14, 2022 | 0.17 |
Over the past year, IYW and GRRR have become more correlated (0.45) than their long-term average of 0.17, meaning their price movements have been converging.
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Return for Risk
IYW vs. GRRR — Risk / Return Rank
IYW
GRRR
IYW vs. GRRR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Technology ETF (IYW) and Gorilla Technology Group Inc. (GRRR). 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.
| IYW | GRRR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.42 | ||
| Sortino ratioReturn per unit of downside risk | +2.45 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.04 | +0.33 |
| Calmar ratioReturn relative to maximum drawdown | 2.70 | -0.25 | +2.95 |
| Martin ratioReturn relative to average drawdown | 8.68 | -0.38 | +9.06 |
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Drawdowns
IYW vs. GRRR - Drawdown Comparison
The maximum IYW drawdown since its inception was -81.90%, smaller than the maximum GRRR drawdown of -99.38%. Use the drawdown chart below to compare losses from any high point for IYW and GRRR.
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Drawdown Indicators
| IYW | GRRR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.90% | -99.38% | +17.48% |
Max Drawdown (1Y)Largest decline over 1 year | -17.81% | -62.45% | +44.64% |
Max Drawdown (3Y)Largest decline over 3 years | -26.47% | -96.27% | +69.80% |
Max Drawdown (5Y)Largest decline over 5 years | -39.44% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -39.44% | — | — |
Current DrawdownCurrent decline from peak | -5.81% | -95.20% | +89.39% |
Average DrawdownAverage peak-to-trough decline | -34.62% | -91.93% | +57.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.54% | 41.22% | -35.68% |
Volatility
IYW vs. GRRR - Volatility Comparison
The current volatility for iShares U.S. Technology ETF (IYW) is 9.41%, while Gorilla Technology Group Inc. (GRRR) has a volatility of 33.91%. This indicates that IYW experiences smaller price fluctuations and is considered to be less risky than GRRR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IYW | GRRR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.41% | 33.91% | -24.50% |
Volatility (6M)Calculated over the trailing 6-month period | 17.67% | 59.91% | -42.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.47% | 87.88% | -66.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.07% | 163.67% | -137.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.20% | 163.67% | -138.47% |
Dividends
IYW vs. GRRR - Dividend Comparison
IYW's dividend yield for the trailing twelve months is around 0.11%, while GRRR has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GRRR Gorilla Technology Group Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IYW iShares U.S. Technology ETF | 0.11% | 0.14% | 0.21% | 0.34% | 0.50% | 0.31% | 0.56% | 0.72% | 0.92% | 0.82% | 1.14% | 1.12% |
Frequently Asked Questions
IYW and GRRR have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GRRR has higher volatility (33.91%) compared to IYW (9.41%). In terms of maximum drawdown, IYW dropped -81.90% vs GRRR's -99.38%.
IYW currently has the higher Sharpe Ratio (2.24 vs -0.18), 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.
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