IYW vs. TRUT

Last updated Apr 2, 2026

Compare and contrast key facts about iShares U.S. Technology ETF (IYW) and Vaneck Technology Trusector ETF (TRUT).

IYW and TRUT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IYW is a passively managed fund by iShares that tracks the performance of the Dow Jones U.S. Technology Index. It was launched on May 19, 2000. TRUT is an actively managed fund by VanEck. It was launched on Aug 20, 2025.

Performance

IYW vs. TRUT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares U.S. Technology ETF (IYW) and Vaneck Technology Trusector ETF (TRUT). The values are adjusted to include any dividend payments, if applicable.

IYW vs. TRUT - Yearly Performance Comparison

	2026 (YTD)	2025
IYW iShares U.S. Technology ETF	-7.61%	11.87%
TRUT Vaneck Technology Trusector ETF	-9.61%	10.16%

Returns By Period

In the year-to-date period, IYW achieves a -7.61% return, which is significantly higher than TRUT's -9.61% return.

IYW

• 1D: 1.65%
• 1M: -3.50%
• YTD: -7.61%
• 6M: -6.42%
• 1Y: 30.19%
• 3Y*: 26.02%
• 5Y*: 15.85%
• 10Y*: 21.74%

TRUT

• 1D: 4.20%
• 1M: -4.82%
• YTD: -9.61%
• 6M: -9.02%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

IYW vs. TRUT - Expense Ratio Comparison

IYW has a 0.42% expense ratio, which is higher than TRUT's 0.13% expense ratio.

IYW

iShares U.S. Technology ETF

TRUT

Vaneck Technology Trusector ETF

Return for Risk

IYW vs. TRUT — Risk / Return Rank

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

IYW

IYW Risk / Return Rank: 63
IYW Sharpe Ratio Rank: 62
IYW Sortino Ratio Rank: 66
IYW Omega Ratio Rank: 64
IYW Calmar Ratio Rank: 67
IYW Martin Ratio Rank: 56

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.

IYW vs. TRUT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Technology ETF (IYW) and Vaneck Technology Trusector ETF (TRUT). 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.

	IYW	TRUT	Difference
Sharpe ratio Return per unit of total volatility	1.13	—	—
Sortino ratio Return per unit of downside risk	1.73	—	—
Omega ratio Gain probability vs. loss probability	1.24	—	—
Calmar ratio Return relative to maximum drawdown	1.77	—	—
Martin ratio Return relative to average drawdown	5.68	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	IYW	TRUT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.13	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.62	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.87	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.30	-0.03	+0.34

Correlation

The correlation between IYW and TRUT is 0.97, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

IYW vs. TRUT - Dividend Comparison

IYW's dividend yield for the trailing twelve months is around 0.15%, which matches TRUT's 0.15% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IYW iShares U.S. Technology ETF	0.15%	0.14%	0.21%	0.34%	0.50%	0.31%	0.56%	0.72%	0.92%	0.82%	1.14%	1.12%
TRUT Vaneck Technology Trusector ETF	0.15%	0.14%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

IYW vs. TRUT - Drawdown Comparison

The maximum IYW drawdown since its inception was -81.90%, which is greater than TRUT's maximum drawdown of -18.55%. Use the drawdown chart below to compare losses from any high point for IYW and TRUT.

Drawdown Indicators

	IYW	TRUT	Difference
Max Drawdown Largest peak-to-trough decline	-81.90%	-18.55%	-63.35%
Max Drawdown (1Y) Largest decline over 1 year	-17.81%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-39.44%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-39.44%	—	—
Current Drawdown Current decline from peak	-12.65%	-15.13%	+2.48%
Average Drawdown Average peak-to-trough decline	-34.87%	-5.79%	-29.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.55%	—	—

Volatility

Volatility by Period

	IYW	TRUT	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.23%	—	—
Volatility (6M) Calculated over the trailing 6-month period	15.99%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	26.92%	21.41%	+5.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.78%	21.41%	+4.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.98%	21.41%	+3.57%