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IYY vs. EDOW
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IYY vs. EDOW

Last updated Aug 2, 2026
Documentation

IYY (iShares Dow Jones U.S. ETF) and EDOW (First Trust Dow 30 Equal Weight ETF) are both Large Cap Blend Equities funds - IYY tracks the Dow Jones U.S. Index while EDOW tracks the Dow Jones Industrail Average Equal Weight TR. Both are passively managed. Over the past 5 years, IYY returned 11.85%/yr vs 9.82%/yr for EDOW. Their correlation of 0.84 means they have usually moved in the same direction. IYY charges 0.20%/yr vs 0.50%/yr for EDOW.

Performance

IYY vs. EDOW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Dow Jones U.S. ETF (IYY) and First Trust Dow 30 Equal Weight ETF (EDOW). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

The year-to-date returns for both investments are quite close, with IYY having a 10.10% return and EDOW slightly higher at 10.49%.

IYY

1D
0.66%
1M
0.01%
6M
8.60%
YTD
10.10%
1Y
20.96%
3Y*
18.93%
5Y*
11.85%
10Y*
14.60%
ALL TIME*
8.28%

EDOW

1D
0.78%
1M
0.84%
6M
7.82%
YTD
10.49%
1Y
21.11%
3Y*
15.32%
5Y*
9.82%
10Y*
—
ALL TIME*
11.57%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

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

EDOW

First Trust Dow 30 Equal Weight ETF
$755.60K$679.73K$683.44K

IYY

iShares Dow Jones U.S. ETF
$6.16M$5.24M$4.18M

IYY vs. EDOW - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
IYY
iShares Dow Jones U.S. ETF		10.10%17.08%24.15%26.48%-19.57%26.38%20.10%30.78%-5.16%8.95%
EDOW
First Trust Dow 30 Equal Weight ETF		10.49%15.46%13.17%15.47%-7.45%18.82%6.64%24.69%-2.04%11.90%

Correlation

The correlation between IYY and EDOW 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.

0.84

Correlation (All Time)
Calculated using the full available price history since Aug 9, 2017

0.84

The correlation between IYY and EDOW shifts across timeframes, from 0.68 (1 year) to 0.84 (5 years), reflecting how their relationship changes across market environments.

IYY vs. EDOW - Sectors Allocation Comparison

Sectors
IYY
EDOW

Technology

36.9%
19.4%

Financial Services

12.4%
16.1%

Healthcare

9.2%
12.9%

Communication Services

8.9%
6.5%

Consumer Cyclical

8.8%
12.9%

Industrials

8.7%
12.9%

Consumer Defensive

4.5%
9.7%

Energy

3.5%
3.2%

Utilities

2.7%

-

Real Estate

2.2%

-

Basic Materials

2.0%
3.2%

Technology

IYY
36.9%
EDOW
19.4%

Financial Services

IYY
12.4%
EDOW
16.1%

Healthcare

IYY
9.2%
EDOW
12.9%

Communication Services

IYY
8.9%
EDOW
6.5%

Consumer Cyclical

IYY
8.8%
EDOW
12.9%

Industrials

IYY
8.7%
EDOW
12.9%

Consumer Defensive

IYY
4.5%
EDOW
9.7%

Energy

IYY
3.5%
EDOW
3.2%

Utilities

IYY
2.7%
EDOW

-

Real Estate

IYY
2.2%
EDOW

-

Basic Materials

IYY
2.0%
EDOW
3.2%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares Dow Jones U.S. ETF

First Trust Dow 30 Equal Weight ETF

Often compared with IYY:
IYY vs. DIAIYY vs. VOOIYY vs. VTIIYY vs. IYMIYY vs. QQQIYY vs. CIND.LIYY vs. SCHB
Often compared with EDOW:
EDOW vs. DIAEDOW vs. DGTEDOW vs. DJDEDOW vs. RSPEDOW vs. QQQEEDOW vs. VOOEDOW vs. SCHD

Return for Risk

IYY vs. EDOW — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.
IYY
IYY Risk / Return Rank: 6464
Overall Rank
IYY Sharpe Ratio Rank: 6363
Sharpe Ratio Rank
IYY Sortino Ratio Rank: 6161
Sortino Ratio Rank
IYY Omega Ratio Rank: 6161
Omega Ratio Rank
IYY Calmar Ratio Rank: 6161
Calmar Ratio Rank
IYY Martin Ratio Rank: 7373
Martin Ratio Rank
EDOW
EDOW Risk / Return Rank: 7676
Overall Rank
EDOW Sharpe Ratio Rank: 8181
Sharpe Ratio Rank
EDOW Sortino Ratio Rank: 8383
Sortino Ratio Rank
EDOW Omega Ratio Rank: 7878
Omega Ratio Rank
EDOW Calmar Ratio Rank: 6666
Calmar Ratio Rank
EDOW Martin Ratio Rank: 7070
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.

IYY vs. EDOW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Dow Jones U.S. ETF (IYY) and First Trust Dow 30 Equal Weight ETF (EDOW). 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.

IYYEDOWDifference
Sharpe ratioReturn per unit of total volatility
1.46
1.85

-0.39

Sortino ratioReturn per unit of downside risk
2.04
2.72

-0.68

Omega ratioGain probability vs. loss probability

1.26

1.33

-0.07

Calmar ratioReturn relative to maximum drawdown

2.12

2.30

-0.18

Martin ratioReturn relative to average drawdown

9.03

8.62

+0.41

IYY vs. EDOW - Sharpe Ratio Comparison

The current IYY Sharpe Ratio is 1.46, which is comparable to the EDOW Sharpe Ratio of 1.85. The chart below compares the historical Sharpe Ratios of IYY and EDOW, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

IYY vs. EDOW - Drawdown Comparison

The maximum IYY drawdown since its inception was -55.17%, which is greater than EDOW's maximum drawdown of -33.72%. Use the drawdown chart below to compare losses from any high point for IYY and EDOW.

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Drawdown Indicators

IYYEDOWDifference

Max Drawdown

Largest peak-to-trough decline

-55.17%

-33.72%

-21.45%

Max Drawdown (1Y)

Largest decline over 1 year

-8.94%

-8.73%

-0.21%

Max Drawdown (3Y)

Largest decline over 3 years

-19.06%

-15.51%

-3.55%

Max Drawdown (5Y)

Largest decline over 5 years

-25.46%

-21.98%

-3.48%

Max Drawdown (10Y)

Largest decline over 10 years

-34.90%

—

—

Current Drawdown

Current decline from peak

-1.46%

-0.42%

-1.04%

Average Drawdown

Average peak-to-trough decline

-10.79%

-4.02%

-6.77%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.10%

2.33%

-0.23%

Volatility

IYY vs. EDOW - Volatility Comparison

The current volatility for iShares Dow Jones U.S. ETF (IYY) is 3.44%, while First Trust Dow 30 Equal Weight ETF (EDOW) has a volatility of 3.75%. This indicates that IYY experiences smaller price fluctuations and is considered to be less risky than EDOW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

IYYEDOWDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.44%

3.75%

-0.31%

Volatility (6M)

Calculated over the trailing 6-month period

10.20%

8.52%

+1.68%

Volatility (1Y)

Calculated over the trailing 1-year period

12.99%

10.93%

+2.06%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.23%

14.23%

+3.00%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.16%

17.65%

+0.51%

IYY vs. EDOW - Expense Ratio Comparison

IYY has a 0.20% expense ratio, which is lower than EDOW's 0.50% expense ratio.

Dividends

IYY vs. EDOW - Dividend Comparison

IYY's dividend yield for the trailing twelve months is around 0.88%, less than EDOW's 1.24% yield.

PositionTTM20252024202320222021202020192018201720162015
EDOW
First Trust Dow 30 Equal Weight ETF		1.24%1.31%1.65%1.93%1.91%1.52%1.84%1.88%1.82%0.75%0.00%0.00%
IYY
iShares Dow Jones U.S. ETF		0.88%0.95%1.05%1.29%1.48%1.04%1.31%1.80%1.97%1.62%1.81%1.97%

Frequently Asked Questions

IYY and EDOW 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.

EDOW has higher volatility (3.75%) compared to IYY (3.44%). In terms of maximum drawdown, IYY dropped -55.17% vs EDOW's -33.72%.

On 5-year performance, IYY leads with 11.85% vs 9.82% for EDOW. On fees, IYY is cheaper at 0.20% per year. On volatility, IYY has been the lower-risk option at 3.44%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, IYY has performed better with a 11.85% return vs 9.82%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

IYY is cheaper with a 0.20% expense ratio, compared with 0.50% for EDOW.

EDOW has the higher dividend yield at 1.24%, compared with 0.88% for IYY.

IYY tracks Dow Jones U.S. Index, while EDOW tracks Dow Jones Industrail Average Equal Weight TR. They also come from different issuers: iShares and First Trust. Their fees differ too: 0.20% for IYY and 0.50% for EDOW.

EDOW currently has the higher Sharpe Ratio (1.85 vs 1.46), 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

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