IYZ vs. VZ
IYZ (iShares U.S. Telecommunications ETF) is Communications Equities fund tracking the Dow Jones U.S. Select Telecommunications Index, while VZ (Verizon Communications Inc.) is a stock. Over the past 10 years, IYZ returned 6.28%/yr vs 4.53%/yr for VZ. A 0.63 correlation means they provide meaningful diversification when combined.
Performance
IYZ vs. VZ - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IYZ achieves a 32.03% return, which is significantly higher than VZ's 18.27% return. Over the past 10 years, IYZ has outperformed VZ with an annualized return of 6.28%, while VZ has yielded a comparatively lower 4.53% annualized return.
IYZ
- 1D
- -2.96%
- 1M
- 4.94%
- YTD
- 32.03%
- 6M
- 38.73%
- 1Y
- 59.79%
- 3Y*
- 30.34%
- 5Y*
- 8.18%
- 10Y*
- 6.28%
VZ
- 1D
- -2.55%
- 1M
- -1.93%
- YTD
- 18.27%
- 6M
- 18.45%
- 1Y
- 13.60%
- 3Y*
- 18.19%
- 5Y*
- 2.11%
- 10Y*
- 4.53%
IYZ vs. VZ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IYZ iShares U.S. Telecommunications ETF | 32.03% | 29.28% | 20.53% | 3.90% | -30.29% | 11.69% | 4.13% | 16.14% | -8.59% | -11.86% |
VZ Verizon Communications Inc. | 18.27% | 8.86% | 13.14% | 2.71% | -20.02% | -7.55% | -0.13% | 13.83% | 11.26% | 3.97% |
Correlation
The correlation between IYZ and VZ is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.27 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.36 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.41 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.50 |
Correlation (All Time) Calculated using the full available price history since Jul 25, 2000 | 0.63 |
Over the past year, the correlation between IYZ and VZ has dropped to 0.27 - well below their long-term average of 0.63, suggesting their price drivers have been diverging.
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. VZ — Risk / Return Rank
IYZ
VZ
IYZ vs. VZ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Telecommunications ETF (IYZ) and Verizon Communications Inc. (VZ). 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 | VZ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.73 | ||
| Sortino ratioReturn per unit of downside risk | +3.28 | ||
| Omega ratioGain probability vs. loss probability | 1.58 | 1.14 | +0.44 |
| Calmar ratioReturn relative to maximum drawdown | 9.54 | 1.03 | +8.52 |
| Martin ratioReturn relative to average drawdown | 32.08 | 2.22 | +29.86 |
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 | VZ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.35 | 0.61 | +2.73 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.44 | 0.10 | +0.34 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.33 | 0.22 | +0.10 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.07 | 0.23 | -0.15 |
Drawdowns
IYZ vs. VZ - Drawdown Comparison
The maximum IYZ drawdown since its inception was -77.11%, which is greater than VZ's maximum drawdown of -50.66%. Use the drawdown chart below to compare losses from any high point for IYZ and VZ.
Loading charts...
Drawdown Indicators
| IYZ | VZ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.11% | -50.66% | -26.45% |
Max Drawdown (1Y)Largest decline over 1 year | -6.30% | -13.32% | +7.02% |
Max Drawdown (3Y)Largest decline over 3 years | -13.85% | -14.93% | +1.08% |
Max Drawdown (5Y)Largest decline over 5 years | -39.74% | -38.38% | -1.36% |
Max Drawdown (10Y)Largest decline over 10 years | -39.74% | -41.21% | +1.47% |
Current DrawdownCurrent decline from peak | -2.96% | -7.84% | +4.88% |
Average DrawdownAverage peak-to-trough decline | -40.14% | -14.75% | -25.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.87% | 6.13% | -4.26% |
Volatility
IYZ vs. VZ - Volatility Comparison
iShares U.S. Telecommunications ETF (IYZ) has a higher volatility of 7.44% compared to Verizon Communications Inc. (VZ) at 4.69%. This indicates that IYZ's price experiences larger fluctuations and is considered to be riskier than VZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IYZ | VZ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.44% | 4.69% | +2.75% |
Volatility (6M)Calculated over the trailing 6-month period | 14.76% | 17.48% | -2.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.95% | 22.27% | -4.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.75% | 21.54% | -2.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.25% | 20.31% | -1.06% |
Dividends
IYZ vs. VZ - Dividend Comparison
IYZ's dividend yield for the trailing twelve months is around 1.50%, less than VZ's 5.93% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IYZ iShares U.S. Telecommunications ETF | 1.50% | 2.04% | 1.94% | 2.27% | 2.55% | 2.51% | 2.60% | 2.36% | 2.15% | 3.54% | 2.27% | 1.98% |
VZ Verizon Communications Inc. | 5.93% | 6.68% | 6.68% | 6.96% | 6.53% | 4.85% | 4.21% | 3.95% | 4.22% | 4.39% | 4.26% | 4.79% |
Frequently Asked Questions
IYZ and VZ have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IYZ has higher volatility (7.44%) compared to VZ (4.69%). In terms of maximum drawdown, IYZ dropped -77.11% vs VZ's -50.66%.
IYZ currently has the higher Sharpe Ratio (3.35 vs 0.61), 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.
Find the right allocation for IYZ and VZ
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