MTZ vs. IWB
MTZ (MasTec, Inc.) is a stock, while IWB (iShares Russell 1000 ETF) is Large Cap Blend Equities fund tracking the Russell 1000 Index. Over the past 10 years, MTZ returned 26.84%/yr vs 14.76%/yr for IWB. Their 0.51 correlation means they have sometimes moved together and sometimes differently.
Performance
MTZ vs. IWB - Performance Comparison
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Returns By Period
In the year-to-date period, MTZ achieves a 21.04% return, which is significantly higher than IWB's 9.84% return. Over the past 10 years, MTZ has outperformed IWB with an annualized return of 26.84%, while IWB has yielded a comparatively lower 14.76% annualized return.
MTZ
- 1D
- -18.91%
- 1M
- -29.55%
- 6M
- 9.41%
- YTD
- 21.04%
- 1Y
- 51.16%
- 3Y*
- 29.22%
- 5Y*
- 21.05%
- 10Y*
- 26.84%
- ALL TIME*
- 10.54%
IWB
- 1D
- 0.64%
- 1M
- -0.09%
- 6M
- 8.39%
- YTD
- 9.84%
- 1Y
- 20.77%
- 3Y*
- 18.93%
- 5Y*
- 11.97%
- 10Y*
- 14.76%
- ALL TIME*
- 8.44%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $196.89M | $178.28M | $241.66M | |
MTZ MasTec, Inc. | $454.74M | $454.53M | $465.65M |
MTZ vs. IWB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MTZ MasTec, Inc. | 21.04% | 59.67% | 79.79% | -11.26% | -7.53% | 35.35% | 6.27% | 58.19% | -17.14% | 27.97% |
IWB iShares Russell 1000 ETF | 9.84% | 17.18% | 24.32% | 26.39% | -19.19% | 26.32% | 20.77% | 31.06% | -4.90% | 21.52% |
Correlation
The correlation between MTZ and IWB is 0.51, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.51 |
Correlation (3Y) Balances recent behavior with more history. | 0.56 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.57 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.53 |
Correlation (All Time) Calculated using the full available price history since May 19, 2000 | 0.51 |
The correlation between MTZ and IWB has been stable across timeframes, ranging from 0.51 to 0.57 - a consistent structural relationship.
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Return for Risk
MTZ vs. IWB — Risk / Return Rank
MTZ
IWB
MTZ vs. IWB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MasTec, Inc. (MTZ) and iShares Russell 1000 ETF (IWB). 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.
| MTZ | IWB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.69 | ||
| Sortino ratioReturn per unit of downside risk | -0.79 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.26 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 0.98 | 2.13 | -1.14 |
| Martin ratioReturn relative to average drawdown | 4.39 | 9.09 | -4.70 |
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Drawdowns
MTZ vs. IWB - Drawdown Comparison
The maximum MTZ drawdown since its inception was -97.72%, which is greater than IWB's maximum drawdown of -55.38%. Use the drawdown chart below to compare losses from any high point for MTZ and IWB.
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Drawdown Indicators
| MTZ | IWB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.72% | -55.38% | -42.34% |
Max Drawdown (1Y)Largest decline over 1 year | -39.86% | -8.86% | -31.00% |
Max Drawdown (3Y)Largest decline over 3 years | -60.65% | -19.09% | -41.56% |
Max Drawdown (5Y)Largest decline over 5 years | -61.01% | -25.20% | -35.81% |
Max Drawdown (10Y)Largest decline over 10 years | -67.92% | -34.60% | -33.32% |
Current DrawdownCurrent decline from peak | -39.86% | -1.34% | -38.52% |
Average DrawdownAverage peak-to-trough decline | -51.75% | -10.80% | -40.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.06% | 2.07% | +6.99% |
Volatility
MTZ vs. IWB - Volatility Comparison
MasTec, Inc. (MTZ) has a higher volatility of 30.11% compared to iShares Russell 1000 ETF (IWB) at 3.49%. This indicates that MTZ's price experiences larger fluctuations and is considered to be riskier than IWB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MTZ | IWB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 30.11% | 3.49% | +26.62% |
Volatility (6M)Calculated over the trailing 6-month period | 43.40% | 10.11% | +33.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 50.65% | 12.89% | +37.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.84% | 17.21% | +27.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 44.85% | 18.14% | +26.71% |
Dividends
MTZ vs. IWB - Dividend Comparison
MTZ has not paid dividends to shareholders, while IWB's dividend yield for the trailing twelve months is around 0.92%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IWB iShares Russell 1000 ETF | 0.92% | 1.00% | 1.14% | 1.31% | 1.56% | 1.09% | 1.37% | 1.71% | 2.06% | 1.64% | 1.89% | 1.95% |
MTZ MasTec, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
MTZ and IWB have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MTZ has higher volatility (30.11%) compared to IWB (3.49%). In terms of maximum drawdown, MTZ dropped -97.72% vs IWB's -55.38%.
IWB currently has the higher Sharpe Ratio (1.46 vs 0.77), 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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