MA vs. IGV
MA (Mastercard Incorporated) is a stock, while IGV (iShares Expanded Tech-Software Sector ETF) is Technology Equities fund tracking the S&P North American Expanded Technology Software Index. Over the past 10 years, MA returned 20.01%/yr vs 15.60%/yr for IGV. A 0.56 correlation means they provide meaningful diversification when combined.
Performance
MA vs. IGV - Performance Comparison
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Returns By Period
In the year-to-date period, MA achieves a -3.64% return, which is significantly higher than IGV's -12.01% return. Over the past 10 years, MA has outperformed IGV with an annualized return of 20.01%, while IGV has yielded a comparatively lower 15.60% annualized return.
MA
- 1D
- 0.71%
- 1M
- 11.96%
- 6M
- 1.82%
- YTD
- -3.64%
- 1Y
- -0.33%
- 3Y*
- 11.92%
- 5Y*
- 8.21%
- 10Y*
- 20.01%
- ALL TIME*
- 28.24%
IGV
- 1D
- 0.19%
- 1M
- 4.37%
- 6M
- -5.40%
- YTD
- -12.01%
- 1Y
- -16.26%
- 3Y*
- 9.01%
- 5Y*
- 3.20%
- 10Y*
- 15.60%
- ALL TIME*
- 9.30%
MA vs. IGV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MA Mastercard Incorporated | -3.64% | 9.04% | 24.17% | 23.40% | -2.66% | 1.16% | 20.19% | 59.16% | 25.31% | 47.69% |
IGV iShares Expanded Tech-Software Sector ETF | -12.01% | 5.56% | 23.41% | 58.56% | -35.65% | 12.30% | 52.86% | 34.33% | 12.44% | 42.16% |
Correlation
The correlation between MA and IGV 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 | 0.38 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.49 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.57 |
Correlation (All Time) Calculated using the full available price history since May 25, 2006 | 0.56 |
Over the past year, the correlation between MA and IGV has dropped to 0.27 - well below their long-term average of 0.56, suggesting their price drivers have been diverging.
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Return for Risk
MA vs. IGV — Risk / Return Rank
MA
IGV
MA vs. IGV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Mastercard Incorporated (MA) and iShares Expanded Tech-Software Sector ETF (IGV). 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.
| MA | IGV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.56 | ||
| Sortino ratioReturn per unit of downside risk | +0.79 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 0.92 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | -0.02 | -0.45 | +0.43 |
| Martin ratioReturn relative to average drawdown | -0.03 | -0.86 | +0.83 |
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Drawdowns
MA vs. IGV - Drawdown Comparison
The maximum MA drawdown since its inception was -62.67%, roughly equal to the maximum IGV drawdown of -63.45%. Use the drawdown chart below to compare losses from any high point for MA and IGV.
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Drawdown Indicators
| MA | IGV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.67% | -63.45% | +0.78% |
Max Drawdown (1Y)Largest decline over 1 year | -20.91% | -36.61% | +15.70% |
Max Drawdown (3Y)Largest decline over 3 years | -20.91% | -36.61% | +15.70% |
Max Drawdown (5Y)Largest decline over 5 years | -28.25% | -45.85% | +17.60% |
Max Drawdown (10Y)Largest decline over 10 years | -41.00% | -45.85% | +4.85% |
Current DrawdownCurrent decline from peak | -8.03% | -21.05% | +13.02% |
Average DrawdownAverage peak-to-trough decline | -9.84% | -14.48% | +4.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.12% | 18.89% | -7.77% |
Volatility
MA vs. IGV - Volatility Comparison
Mastercard Incorporated (MA) and iShares Expanded Tech-Software Sector ETF (IGV) have volatilities of 6.95% and 7.17%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MA | IGV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.95% | 7.17% | -0.22% |
Volatility (6M)Calculated over the trailing 6-month period | 17.75% | 25.18% | -7.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.88% | 28.69% | -6.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.98% | 28.08% | -4.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.91% | 26.41% | +0.50% |
Dividends
MA vs. IGV - Dividend Comparison
MA's dividend yield for the trailing twelve months is around 0.62%, more than IGV's 0.02% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IGV iShares Expanded Tech-Software Sector ETF | 0.02% | 0.00% | 0.00% | 0.01% | 0.01% | 0.00% | 0.35% | 0.02% | 0.16% | 0.09% | 0.82% | 0.22% |
MA Mastercard Incorporated | 0.62% | 0.53% | 0.50% | 0.53% | 0.56% | 0.49% | 0.45% | 0.44% | 0.53% | 0.58% | 0.74% | 0.66% |
Frequently Asked Questions
MA and IGV 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.
IGV has higher volatility (7.17%) compared to MA (6.95%). In terms of maximum drawdown, MA dropped -62.67% vs IGV's -63.45%.
MA currently has the higher Sharpe Ratio (-0.01 vs -0.57), 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.
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