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RDW vs. IYW
Performance
Return for Risk
Drawdowns
Volatility
Dividends

RDW vs. IYW

Last updated Jun 5, 2026

RDW (Redwire Corporation) is a stock, while IYW (iShares U.S. Technology ETF) is Technology Equities fund tracking the Russell 1000 Technology RIC 22.5/45 Capped Index. Over the past 3 years, RDW returned 105.76%/yr vs 35.17%/yr for IYW. At a 0.39 correlation, their price movements are largely independent.

Performance

RDW vs. IYW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Redwire Corporation (RDW) and iShares U.S. Technology ETF (IYW). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, RDW achieves a 181.97% return, which is significantly higher than IYW's 28.46% return.

RDW

1D
15.09%
1M
146.61%
YTD
181.97%
6M
249.02%
1Y
25.91%
3Y*
105.76%
5Y*
—
10Y*
—

IYW

1D
-0.44%
1M
13.87%
YTD
28.46%
6M
27.22%
1Y
58.25%
3Y*
35.17%
5Y*
22.76%
10Y*
26.00%
*Multi-year figures are annualized to reflect compound growth (CAGR)

RDW vs. IYW - Yearly Performance Comparison

2026 (YTD)20252024202320222021
RDW
Redwire Corporation		181.97%-53.83%477.54%43.94%-70.67%-35.71%
IYW
iShares U.S. Technology ETF		28.46%25.38%30.25%65.44%-34.83%6.20%

Correlation

The correlation between RDW and IYW is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.

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

0.37

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

0.36

Correlation (All Time)
Calculated using the full available price history since Sep 3, 2021

0.39

Compare stocks, funds, or ETFs

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Redwire Corporation

iShares U.S. Technology ETF

Often compared with RDW:
RDW vs. RKLBRDW vs. SIDURDW vs. PLTRRDW vs. JOBYRDW vs. OKLORDW vs. POWWRDW vs. ASM
Often compared with IYW:
IYW vs. VGTIYW vs. QQQIYW vs. XLKIYW vs. IGMIYW vs. SMHIYW vs. IWFIYW vs. SOXX

Return for Risk

RDW vs. IYW — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
RDW
RDW Risk / Return Rank: 5353
Overall Rank
RDW Sharpe Ratio Rank: 4949
Sharpe Ratio Rank
RDW Sortino Ratio Rank: 5959
Sortino Ratio Rank
RDW Omega Ratio Rank: 5757
Omega Ratio Rank
RDW Calmar Ratio Rank: 5050
Calmar Ratio Rank
RDW Martin Ratio Rank: 4848
Martin Ratio Rank
IYW
IYW Risk / Return Rank: 7676
Overall Rank
IYW Sharpe Ratio Rank: 8888
Sharpe Ratio Rank
IYW Sortino Ratio Rank: 8282
Sortino Ratio Rank
IYW Omega Ratio Rank: 8080
Omega Ratio Rank
IYW Calmar Ratio Rank: 6767
Calmar Ratio Rank
IYW Martin Ratio Rank: 6161
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.

RDW vs. IYW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Redwire Corporation (RDW) and iShares U.S. Technology ETF (IYW). 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.

RDWIYWDifference
Sharpe ratioReturn per unit of total volatility
0.22
2.92

-2.69

Sortino ratioReturn per unit of downside risk
1.21
3.63

-2.43

Omega ratioGain probability vs. loss probability

1.14

1.47

-0.33

Calmar ratioReturn relative to maximum drawdown

0.35

3.29

-2.94

Martin ratioReturn relative to average drawdown

0.50

10.76

-10.26

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RDW vs. IYW - Sharpe Ratio Comparison

The current RDW Sharpe Ratio is 0.22, which is lower than the IYW Sharpe Ratio of 2.92. The chart below compares the historical Sharpe Ratios of RDW and IYW, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

RDWIYWDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.22

2.92

-2.69

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

—

0.88

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

1.04

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.17

0.35

-0.18

Drawdowns

RDW vs. IYW - Drawdown Comparison

The maximum RDW drawdown since its inception was -87.26%, which is greater than IYW's maximum drawdown of -81.90%. Use the drawdown chart below to compare losses from any high point for RDW and IYW.

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Drawdown Indicators

RDWIYWDifference

Max Drawdown

Largest peak-to-trough decline

-87.26%

-81.90%

-5.36%

Max Drawdown (1Y)

Largest decline over 1 year

-75.40%

-17.81%

-57.59%

Max Drawdown (3Y)

Largest decline over 3 years

-80.28%

-26.47%

-53.81%

Max Drawdown (5Y)

Largest decline over 5 years

—

-39.44%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-39.44%

—

Current Drawdown

Current decline from peak

-17.26%

-1.35%

-15.91%

Average Drawdown

Average peak-to-trough decline

-59.47%

-34.65%

-24.82%

Ulcer Index

Depth and duration of drawdowns from previous peaks

51.58%

5.43%

+46.15%

Volatility

RDW vs. IYW - Volatility Comparison

Redwire Corporation (RDW) has a higher volatility of 47.03% compared to iShares U.S. Technology ETF (IYW) at 6.28%. This indicates that RDW's price experiences larger fluctuations and is considered to be riskier than IYW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

RDWIYWDifference

Volatility (1M)

Calculated over the trailing 1-month period

47.03%

6.28%

+40.75%

Volatility (6M)

Calculated over the trailing 6-month period

90.42%

15.84%

+74.58%

Volatility (1Y)

Calculated over the trailing 1-year period

117.16%

20.07%

+97.09%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

96.20%

25.86%

+70.34%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

96.20%

25.09%

+71.11%

Dividends

RDW vs. IYW - Dividend Comparison

RDW has not paid dividends to shareholders, while IYW's dividend yield for the trailing twelve months is around 0.11%.

PositionTTM20252024202320222021202020192018201720162015
IYW
iShares U.S. Technology ETF		0.11%0.14%0.21%0.34%0.50%0.31%0.56%0.72%0.92%0.82%1.14%1.12%
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 IYW have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

RDW has higher volatility (47.03%) compared to IYW (6.28%). In terms of maximum drawdown, RDW dropped -87.26% vs IYW's -81.90%.

IYW currently has the higher Sharpe Ratio (2.92 vs 0.22), 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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