PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
PINF.MI vs. IGV
Performance
Return for Risk
Drawdowns
Volatility
Dividends

PINF.MI vs. IGV

Last updated Jul 22, 2026
Documentation

PINF.MI (Pininfarina S.p.A.) 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, PINF.MI returned -0.89%/yr vs 15.01%/yr for IGV. At a 0.11 correlation, their price movements are largely independent.

Performance

PINF.MI vs. IGV - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Pininfarina S.p.A. (PINF.MI) and iShares Expanded Tech-Software Sector ETF (IGV). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Different Trading Currencies

PINF.MI is traded in EUR, while IGV is traded in USD. To make them comparable, the IGV values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, PINF.MI achieves a -6.22% return, which is significantly higher than IGV's -10.52% return. Over the past 10 years, PINF.MI has underperformed IGV with an annualized return of -0.89%, while IGV has yielded a comparatively higher 15.01% annualized return.

PINF.MI

1D
1.50%
1M
4.90%
6M
-2.40%
YTD
-6.22%
1Y
0.25%
3Y*
-1.82%
5Y*
-3.53%
10Y*
-0.89%
ALL TIME*
-13.03%

IGV

1D
-1.20%
1M
3.56%
6M
-1.61%
YTD
-10.52%
1Y
-15.36%
3Y*
7.65%
5Y*
3.33%
10Y*
15.01%
ALL TIME*
13.97%
*Multi-year figures are annualized to reflect compound growth (CAGR)

PINF.MI vs. IGV - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
PINF.MI
Pininfarina S.p.A.		-6.22%21.91%-9.87%-5.73%-13.25%-13.29%-30.51%-28.11%14.36%120.26%
IGV
iShares Expanded Tech-Software Sector ETF		-10.52%-6.96%31.56%53.80%-31.67%20.70%40.26%37.36%17.72%24.69%

Correlation

The correlation between PINF.MI and IGV is 0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.03

Correlation (3Y)
Calculated over the trailing 3-year period

0.04

Correlation (5Y)
Calculated over the trailing 5-year period

0.04

Correlation (10Y)
Calculated over the trailing 10-year period

0.06

Correlation (All Time)
Calculated using the full available price history since Oct 22, 2007

0.11

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Pininfarina S.p.A.

iShares Expanded Tech-Software Sector ETF

Often compared with PINF.MI:
PINF.MI vs. ANETPINF.MI vs. AAPLPINF.MI vs. LNGPINF.MI vs. LRCXPINF.MI vs. DECKPINF.MI vs. IYGPINF.MI vs. BRK-B
Often compared with IGV:
IGV vs. QQQIGV vs. SOXXIGV vs. XSWIGV vs. VGTIGV vs. XLKIGV vs. SMHIGV vs. SMHX

Return for Risk

PINF.MI vs. IGV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
PINF.MI
PINF.MI Risk / Return Rank: 4343
Overall Rank
PINF.MI Sharpe Ratio Rank: 4646
Sharpe Ratio Rank
PINF.MI Sortino Ratio Rank: 4040
Sortino Ratio Rank
PINF.MI Omega Ratio Rank: 3939
Omega Ratio Rank
PINF.MI Calmar Ratio Rank: 4646
Calmar Ratio Rank
PINF.MI Martin Ratio Rank: 4646
Martin Ratio Rank
IGV
IGV Risk / Return Rank: 55
Overall Rank
IGV Sharpe Ratio Rank: 55
Sharpe Ratio Rank
IGV Sortino Ratio Rank: 55
Sortino Ratio Rank
IGV Omega Ratio Rank: 55
Omega Ratio Rank
IGV Calmar Ratio Rank: 66
Calmar Ratio Rank
IGV Martin Ratio Rank: 55
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PINF.MI vs. IGV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pininfarina S.p.A. (PINF.MI) 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.

PINF.MIIGVDifference
Sharpe ratioReturn per unit of total volatility
0.01
-0.54

+0.55

Sortino ratioReturn per unit of downside risk
0.22
-0.60

+0.82

Omega ratioGain probability vs. loss probability

1.03

0.93

+0.10

Calmar ratioReturn relative to maximum drawdown

0.01

-0.42

+0.43

Martin ratioReturn relative to average drawdown

0.02

-0.83

+0.84

PINF.MI vs. IGV - Sharpe Ratio Comparison

The current PINF.MI Sharpe Ratio is 0.01, which is higher than the IGV Sharpe Ratio of -0.54. The chart below compares the historical Sharpe Ratios of PINF.MI and IGV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Drawdowns

PINF.MI vs. IGV - Drawdown Comparison

The maximum PINF.MI drawdown since its inception was -94.95%, which is greater than IGV's maximum drawdown of -42.01%. Use the drawdown chart below to compare losses from any high point for PINF.MI and IGV.

Loading charts...

Drawdown Indicators

PINF.MIIGVDifference

Max Drawdown

Largest peak-to-trough decline

-94.95%

-42.01%

-52.94%

Max Drawdown (1Y)

Largest decline over 1 year

-23.44%

-36.66%

+13.22%

Max Drawdown (3Y)

Largest decline over 3 years

-23.52%

-39.09%

+15.57%

Max Drawdown (5Y)

Largest decline over 5 years

-37.67%

-40.44%

+2.77%

Max Drawdown (10Y)

Largest decline over 10 years

-80.20%

-40.44%

-39.76%

Current Drawdown

Current decline from peak

-93.76%

-22.99%

-70.77%

Average Drawdown

Average peak-to-trough decline

-84.26%

-9.83%

-74.43%

Ulcer Index

Depth and duration of drawdowns from previous peaks

12.85%

18.63%

-5.78%

Volatility

PINF.MI vs. IGV - Volatility Comparison

Pininfarina S.p.A. (PINF.MI) and iShares Expanded Tech-Software Sector ETF (IGV) have volatilities of 7.04% and 7.12%, 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.

Loading charts...

Volatility by Period

PINF.MIIGVDifference

Volatility (1M)

Calculated over the trailing 1-month period

7.04%

7.12%

-0.08%

Volatility (6M)

Calculated over the trailing 6-month period

21.71%

24.92%

-3.21%

Volatility (1Y)

Calculated over the trailing 1-year period

28.49%

28.70%

-0.21%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

27.91%

27.78%

+0.13%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

44.07%

26.72%

+17.35%

Dividends

PINF.MI vs. IGV - Dividend Comparison

PINF.MI has not paid dividends to shareholders, while IGV's dividend yield for the trailing twelve months is around 0.02%.

PositionTTM20252024202320222021202020192018201720162015
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%
PINF.MI
Pininfarina S.p.A.		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

PINF.MI and IGV have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Portfolio Optimizer

Find the right allocation for PINF.MI and IGV

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