IYZ vs. METL
IYZ (iShares U.S. Telecommunications ETF) and METL (Sprott Active Metals & Miners ETF) are both exchange-traded funds - IYZ is a Communications Equities fund tracking the Dow Jones U.S. Select Telecommunications Index, while METL is a Commodity Producers Equities fund actively managed by Sprott. IYZ is passively managed, while METL is actively managed. At a 0.44 correlation, their price movements are largely independent. IYZ charges 0.42%/yr vs 0.89%/yr for METL.
Performance
IYZ vs. METL - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IYZ achieves a 26.58% return, which is significantly higher than METL's 7.51% return.
IYZ
- 1D
- 0.40%
- 1M
- 3.16%
- YTD
- 26.58%
- 6M
- 29.19%
- 1Y
- 51.92%
- 3Y*
- 28.42%
- 5Y*
- 7.24%
- 10Y*
- 5.76%
METL
- 1D
- 0.05%
- 1M
- -9.97%
- YTD
- 7.51%
- 6M
- 15.84%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IYZ vs. METL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
IYZ iShares U.S. Telecommunications ETF | 26.58% | 7.18% |
METL Sprott Active Metals & Miners ETF | 7.51% | 27.04% |
Correlation
The correlation between IYZ and METL is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Sep 11, 2025 | 0.44 |
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
IYZ vs. METL — Risk / Return Rank
IYZ
METL
IYZ vs. METL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Telecommunications ETF (IYZ) and Sprott Active Metals & Miners ETF (METL). 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.
| IYZ | METL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.50 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 7.11 | — | — |
| Martin ratioReturn relative to average drawdown | 26.20 | — | — |
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
| IYZ | METL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.84 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.39 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.30 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.07 | 1.18 | -1.11 |
Drawdowns
IYZ vs. METL - Drawdown Comparison
The maximum IYZ drawdown since its inception was -77.11%, which is greater than METL's maximum drawdown of -27.39%. Use the drawdown chart below to compare losses from any high point for IYZ and METL.
Loading charts...
Drawdown Indicators
| IYZ | METL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.11% | -27.39% | -49.72% |
Max Drawdown (1Y)Largest decline over 1 year | -7.33% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -13.85% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -39.74% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -39.74% | — | — |
Current DrawdownCurrent decline from peak | -6.96% | -18.48% | +11.52% |
Average DrawdownAverage peak-to-trough decline | -40.13% | -8.24% | -31.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.99% | — | — |
Volatility
IYZ vs. METL - Volatility Comparison
Loading charts...
Volatility by Period
| IYZ | METL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.23% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 15.34% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 18.43% | 44.85% | -26.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.84% | 44.85% | -26.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.29% | 44.85% | -25.56% |
IYZ vs. METL - Expense Ratio Comparison
IYZ has a 0.42% expense ratio, which is lower than METL's 0.89% expense ratio.
Dividends
IYZ vs. METL - Dividend Comparison
IYZ's dividend yield for the trailing twelve months is around 1.57%, more than METL's 0.92% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IYZ iShares U.S. Telecommunications ETF | 1.57% | 2.04% | 1.94% | 2.27% | 2.55% | 2.51% | 2.60% | 2.36% | 2.15% | 3.54% | 2.27% | 1.98% |
METL Sprott Active Metals & Miners ETF | 0.92% | 0.99% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
IYZ and METL have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IYZ is cheaper at 0.42% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IYZ is cheaper with a 0.42% expense ratio, compared with 0.89% for METL.
IYZ has the higher dividend yield at 1.57%, compared with 0.92% for METL.
IYZ is categorized as Communications Equities, while METL is Commodity Producers Equities. They also come from different issuers: iShares and Sprott. Their fees differ too: 0.42% for IYZ and 0.89% for METL.
Find the right allocation for IYZ and METL
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