IYY vs. MOAT

Last updated Jun 5, 2026

IYY (iShares Dow Jones U.S. ETF) and MOAT (VanEck Morningstar Wide Moat ETF) are both Large Cap Blend Equities funds - IYY tracks the Dow Jones U.S. Index while MOAT tracks the Morningstar Wide Moat Focus Index. Both are passively managed. Over the past 10 years, IYY returned 15.01%/yr vs 13.40%/yr for MOAT. Their correlation of 0.87 suggests significant overlap in exposure. IYY charges 0.20%/yr vs 0.47%/yr for MOAT.

Performance

IYY vs. MOAT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Dow Jones U.S. ETF (IYY) and VanEck Morningstar Wide Moat ETF (MOAT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IYY achieves a 11.44% return, which is significantly higher than MOAT's -0.07% return. Over the past 10 years, IYY has outperformed MOAT with an annualized return of 15.01%, while MOAT has yielded a comparatively lower 13.40% annualized return.

IYY

• 1D: 0.47%
• 1M: 4.71%
• YTD: 11.44%
• 6M: 11.21%
• 1Y: 28.05%
• 3Y*: 22.36%
• 5Y*: 13.02%
• 10Y*: 15.01%

MOAT

• 1D: 0.88%
• 1M: 3.57%
• YTD: -0.07%
• 6M: -0.05%
• 1Y: 15.51%
• 3Y*: 11.79%
• 5Y*: 8.20%
• 10Y*: 13.40%

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

IYY vs. MOAT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IYY iShares Dow Jones U.S. ETF	11.44%	17.08%	24.15%	26.48%	-19.57%	26.38%	20.10%	30.78%	-5.16%	21.33%
MOAT VanEck Morningstar Wide Moat ETF	-0.07%	13.20%	10.73%	31.89%	-13.66%	24.12%	14.84%	34.79%	-1.28%	23.18%

Correlation

The correlation between IYY and MOAT is 0.72, 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	0.72
Correlation (3Y) Calculated over the trailing 3-year period	0.78
Correlation (5Y) Calculated over the trailing 5-year period	0.86
Correlation (10Y) Calculated over the trailing 10-year period	0.87
Correlation (All Time) Calculated using the full available price history since Apr 26, 2012	0.87

The correlation between IYY and MOAT shifts across timeframes, from 0.72 (1 year) to 0.87 (all time), reflecting how their relationship changes across market environments.

IYY vs. MOAT - Sectors Allocation Comparison

Sectors	IYY	MOAT
Technology	34.8%	32.8%
Financial Services	12.0%	6.7%
Communication Services	10.7%	2.4%
Consumer Cyclical	10.2%	10.3%
Industrials	9.0%	13.5%
Healthcare	8.6%	16.0%
Consumer Defensive	4.8%	17.5%
Energy	3.6%	-
Utilities	2.3%	-
Real Estate	2.2%	0.8%
Basic Materials	2.0%	-

Return for Risk

IYY vs. MOAT — Risk / Return Rank

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

IYY

IYY Risk / Return Rank: 72
IYY Sharpe Ratio Rank: 73
IYY Sortino Ratio Rank: 72
IYY Omega Ratio Rank: 72
IYY Calmar Ratio Rank: 64
IYY Martin Ratio Rank: 76

MOAT

MOAT Risk / Return Rank: 30
MOAT Sharpe Ratio Rank: 32
MOAT Sortino Ratio Rank: 32
MOAT Omega Ratio Rank: 29
MOAT Calmar Ratio Rank: 27
MOAT Martin Ratio Rank: 28

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.

IYY vs. MOAT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Dow Jones U.S. ETF (IYY) and VanEck Morningstar Wide Moat ETF (MOAT). 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.

	IYY	MOAT	Difference
Sharpe ratio: Return per unit of total volatility	2.35	1.12	+1.22
Sortino ratio: Return per unit of downside risk	3.22	1.69	+1.52
Omega ratio: Gain probability vs. loss probability	1.42	1.19	+0.23
Calmar ratio: Return relative to maximum drawdown	3.15	1.25	+1.90
Martin ratio: Return relative to average drawdown	14.49	3.90	+10.59
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IYY vs. MOAT - Sharpe Ratio Comparison

The current IYY Sharpe Ratio is 2.35, which is higher than the MOAT Sharpe Ratio of 1.12. The chart below compares the historical Sharpe Ratios of IYY and MOAT, 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

	IYY	MOAT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.35	1.12	+1.22
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.76	0.45	+0.31
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.83	0.72	+0.11
Sharpe Ratio (All Time) Calculated using the full available price history	0.44	0.78	-0.33

Drawdowns

IYY vs. MOAT - Drawdown Comparison

The maximum IYY drawdown since its inception was -55.17%, which is greater than MOAT's maximum drawdown of -33.31%. Use the drawdown chart below to compare losses from any high point for IYY and MOAT.

Drawdown Indicators

	IYY	MOAT	Difference
Max Drawdown Largest peak-to-trough decline	-55.17%	-33.31%	-21.86%
Max Drawdown (1Y) Largest decline over 1 year	-8.94%	-12.43%	+3.49%
Max Drawdown (3Y) Largest decline over 3 years	-19.06%	-21.44%	+2.38%
Max Drawdown (5Y) Largest decline over 5 years	-25.46%	-23.96%	-1.50%
Max Drawdown (10Y) Largest decline over 10 years	-34.90%	-33.31%	-1.59%
Current Drawdown Current decline from peak	-0.26%	-3.88%	+3.62%
Average Drawdown Average peak-to-trough decline	-10.84%	-3.83%	-7.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.94%	3.98%	-2.04%

Volatility

IYY vs. MOAT - Volatility Comparison

The current volatility for iShares Dow Jones U.S. ETF (IYY) is 2.88%, while VanEck Morningstar Wide Moat ETF (MOAT) has a volatility of 3.86%. This indicates that IYY experiences smaller price fluctuations and is considered to be less risky than MOAT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IYY	MOAT	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.88%	3.86%	-0.98%
Volatility (6M) Calculated over the trailing 6-month period	9.05%	9.88%	-0.83%
Volatility (1Y) Calculated over the trailing 1-year period	12.00%	13.85%	-1.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.12%	18.18%	-1.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.16%	18.68%	-0.52%

IYY vs. MOAT - Expense Ratio Comparison

IYY has a 0.20% expense ratio, which is lower than MOAT's 0.47% expense ratio.

Dividends

IYY vs. MOAT - Dividend Comparison

IYY's dividend yield for the trailing twelve months is around 0.86%, less than MOAT's 1.36% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IYY iShares Dow Jones U.S. ETF	0.86%	0.95%	1.05%	1.29%	1.48%	1.04%	1.31%	1.80%	1.97%	1.62%	1.81%	1.97%
MOAT VanEck Morningstar Wide Moat ETF	1.36%	1.36%	1.37%	0.86%	1.25%	1.08%	1.46%	1.31%	1.79%	1.07%	1.17%	2.13%

Frequently Asked Questions

Can I hold both IYY and MOAT in my portfolio?

IYY and MOAT have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IYY or MOAT?

MOAT has higher volatility (3.86%) compared to IYY (2.88%). In terms of maximum drawdown, IYY dropped -55.17% vs MOAT's -33.31%.

Which ETF is better, IYY or MOAT?

On 10-year performance, IYY leads with 15.01% vs 13.40% for MOAT. On fees, IYY is cheaper at 0.20% per year. On volatility, IYY has been the lower-risk option at 2.88%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IYY or MOAT?

Over the 10-year period, IYY has performed better with a 15.01% return vs 13.40%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IYY or MOAT?

IYY is cheaper with a 0.20% expense ratio, compared with 0.47% for MOAT.

Which ETF pays a higher dividend yield, IYY or MOAT?

MOAT has the higher dividend yield at 1.36%, compared with 0.86% for IYY.

What is the main difference between IYY and MOAT?

IYY tracks Dow Jones U.S. Index, while MOAT tracks Morningstar Wide Moat Focus Index. They also come from different issuers: iShares and VanEck. Their fees differ too: 0.20% for IYY and 0.47% for MOAT.

Which has better risk-adjusted returns?

IYY currently has the higher Sharpe Ratio (2.35 vs 1.12), 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.