IYZ vs. IGN
Compare and contrast key facts about iShares U.S. Telecommunications ETF (IYZ) and iShares North American Tech-Multimedia Networking ETF (IGN).
IYZ and IGN are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IYZ is a passively managed fund by iShares that tracks the performance of the Dow Jones U.S. Select Telecommunications Index. It was launched on May 22, 2000. IGN is a passively managed fund by iShares that tracks the performance of the S&P North American Technology-Multimedia Networking Index. It was launched on Jul 10, 2001. Both IYZ and IGN are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IYZ or IGN.
Key characteristics
| IYZ | IGN |
|---|
Correlation
The correlation between IYZ and IGN is 0.65, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
IYZ vs. IGN - Performance Comparison
The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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IYZ vs. IGN - Expense Ratio Comparison
IYZ has a 0.42% expense ratio, which is lower than IGN's 0.46% expense ratio.
Risk-Adjusted Performance
IYZ vs. IGN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Telecommunications ETF (IYZ) and iShares North American Tech-Multimedia Networking ETF (IGN). 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.
Dividends
IYZ vs. IGN - Dividend Comparison
IYZ's dividend yield for the trailing twelve months is around 2.33%, while IGN has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IYZ iShares U.S. Telecommunications ETF | 2.33% | 2.27% | 2.55% | 2.51% | 2.60% | 2.36% | 2.15% | 3.54% | 2.27% | 1.98% | 2.25% | 2.62% |
IGN iShares North American Tech-Multimedia Networking ETF | 0.52% | 0.37% | 0.30% | 0.22% | 0.60% | 0.42% | 0.65% | 0.57% | 0.75% | 0.72% | 0.42% | 0.24% |
Drawdowns
IYZ vs. IGN - Drawdown Comparison
Volatility
IYZ vs. IGN - Volatility Comparison
iShares U.S. Telecommunications ETF (IYZ) has a higher volatility of 4.19% compared to iShares North American Tech-Multimedia Networking ETF (IGN) at 0.00%. This indicates that IYZ's price experiences larger fluctuations and is considered to be riskier than IGN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.