RDW vs. IGM
RDW (Redwire Corporation) is a stock, while IGM (iShares Expanded Tech Sector ETF) is Technology Equities fund tracking the S&P North American Expanded Technology Sector Index. Over the past 3 years, RDW returned 79.83%/yr vs 35.37%/yr for IGM. At a 0.41 correlation, their price movements are largely independent.
Performance
RDW vs. IGM - Performance Comparison
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Returns By Period
In the year-to-date period, RDW achieves a 98.95% return, which is significantly higher than IGM's 23.42% return.
RDW
- 1D
- -11.53%
- 1M
- 31.94%
- YTD
- 98.95%
- 6M
- 107.41%
- 1Y
- -21.74%
- 3Y*
- 79.83%
- 5Y*
- —
- 10Y*
- —
IGM
- 1D
- 0.69%
- 1M
- 3.04%
- YTD
- 23.42%
- 6M
- 23.24%
- 1Y
- 48.57%
- 3Y*
- 35.37%
- 5Y*
- 20.09%
- 10Y*
- 24.57%
RDW vs. IGM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
RDW Redwire Corporation | 98.95% | -53.83% | 477.54% | 43.94% | -70.67% | -34.15% |
IGM iShares Expanded Tech Sector ETF | 23.42% | 26.76% | 36.99% | 60.68% | -35.83% | 2.13% |
Correlation
The correlation between RDW and IGM is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.43 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.39 |
Correlation (All Time) Calculated using the full available price history since Sep 2, 2021 | 0.41 |
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Return for Risk
RDW vs. IGM — Risk / Return Rank
RDW
IGM
RDW vs. IGM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Redwire Corporation (RDW) and iShares Expanded Tech Sector ETF (IGM). 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.
| RDW | IGM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.40 | ||
| Sortino ratioReturn per unit of downside risk | -2.20 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.37 | -0.30 |
| Calmar ratioReturn relative to maximum drawdown | -0.29 | 2.97 | -3.26 |
| Martin ratioReturn relative to average drawdown | -0.42 | 10.06 | -10.48 |
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Drawdowns
RDW vs. IGM - Drawdown Comparison
The maximum RDW drawdown since its inception was -87.26%, which is greater than IGM's maximum drawdown of -65.59%. Use the drawdown chart below to compare losses from any high point for RDW and IGM.
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Drawdown Indicators
| RDW | IGM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.26% | -65.59% | -21.67% |
Max Drawdown (1Y)Largest decline over 1 year | -75.40% | -16.44% | -58.96% |
Max Drawdown (3Y)Largest decline over 3 years | -80.28% | -26.39% | -53.89% |
Max Drawdown (5Y)Largest decline over 5 years | — | -40.68% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -40.68% | — |
Current DrawdownCurrent decline from peak | -41.62% | -6.80% | -34.82% |
Average DrawdownAverage peak-to-trough decline | -59.30% | -15.22% | -44.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 51.88% | 4.84% | +47.04% |
Volatility
RDW vs. IGM - Volatility Comparison
Redwire Corporation (RDW) has a higher volatility of 53.68% compared to iShares Expanded Tech Sector ETF (IGM) at 10.03%. This indicates that RDW's price experiences larger fluctuations and is considered to be riskier than IGM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RDW | IGM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 53.68% | 10.03% | +43.65% |
Volatility (6M)Calculated over the trailing 6-month period | 94.49% | 18.11% | +76.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 118.63% | 21.98% | +96.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 96.83% | 25.91% | +70.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 96.83% | 24.66% | +72.17% |
Dividends
RDW vs. IGM - Dividend Comparison
RDW has not paid dividends to shareholders, while IGM's dividend yield for the trailing twelve months is around 0.13%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IGM iShares Expanded Tech Sector ETF | 0.13% | 0.17% | 0.22% | 0.33% | 0.66% | 0.16% | 0.32% | 0.50% | 0.57% | 0.57% | 0.90% | 0.79% |
RDW Redwire Corporation | 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
RDW and IGM have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RDW has higher volatility (53.68%) compared to IGM (10.03%). In terms of maximum drawdown, RDW dropped -87.26% vs IGM's -65.59%.
IGM currently has the higher Sharpe Ratio (2.22 vs -0.18), 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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