IYW vs. TRUT
IYW (iShares U.S. Technology ETF) and TRUT (Vaneck Technology Trusector ETF) are both Technology Equities funds. IYW is passively managed, while TRUT is actively managed. With a 0.97 correlation, they move nearly in lockstep. IYW charges 0.38%/yr vs 0.13%/yr for TRUT.
Performance
IYW vs. TRUT - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IYW achieves a 29.03% return, which is significantly higher than TRUT's 25.30% return.
IYW
- 1D
- -0.92%
- 1M
- 16.53%
- YTD
- 29.03%
- 6M
- 28.22%
- 1Y
- 59.52%
- 3Y*
- 35.24%
- 5Y*
- 22.87%
- 10Y*
- 26.11%
TRUT
- 1D
- -1.46%
- 1M
- 16.68%
- YTD
- 25.30%
- 6M
- 24.37%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IYW vs. TRUT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
IYW iShares U.S. Technology ETF | 29.03% | 11.87% |
TRUT Vaneck Technology Trusector ETF | 25.30% | 10.16% |
Correlation
The correlation between IYW and TRUT is 0.97 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Aug 22, 2025 | 0.97 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IYW vs. TRUT — Risk / Return Rank
IYW
TRUT
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 ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.48 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 3.36 | — | — |
| Martin ratioReturn relative to average drawdown | 11.00 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| IYW | TRUT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.98 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.89 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.04 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.35 | 2.39 | -2.04 |
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.
Loading charts...
Drawdown Indicators
| IYW | TRUT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.90% | -18.55% | -63.35% |
Max Drawdown (1Y)Largest decline over 1 year | -17.81% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -26.47% | — | — |
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 | -0.92% | -1.46% | +0.54% |
Average DrawdownAverage peak-to-trough decline | -34.66% | -5.17% | -29.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.43% | — | — |
Volatility
IYW vs. TRUT - Volatility Comparison
Loading charts...
Volatility by Period
| IYW | TRUT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.30% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 15.85% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 20.09% | 21.53% | -1.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.87% | 21.53% | +4.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.09% | 21.53% | +3.56% |
IYW vs. TRUT - Expense Ratio Comparison
IYW has a 0.38% expense ratio, which is higher than TRUT's 0.13% expense ratio.
Dividends
IYW vs. TRUT - Dividend Comparison
IYW's dividend yield for the trailing twelve months is around 0.11%, less than TRUT's 0.19% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
TRUT Vaneck Technology Trusector ETF | 0.19% | 0.14% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.97, IYW and TRUT move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, TRUT is cheaper at 0.13% per year. The better choice depends on whether you care most about return, fees, risk, or income.
TRUT is cheaper with a 0.13% expense ratio, compared with 0.38% for IYW.
TRUT has the higher dividend yield at 0.19%, compared with 0.11% for IYW.
They also come from different issuers: iShares and VanEck. Their fees differ too: 0.38% for IYW and 0.13% for TRUT.
Find the right allocation for IYW and TRUT
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