SGIIX vs. IWV
SGIIX (First Eagle Global Fund Class I) and IWV (iShares Russell 3000 ETF) are both funds - SGIIX is a Global Equities fund managed by First Eagle, while IWV is a Large Cap Blend Equities fund tracking the Russell 3000 Index. Over the past 10 years, SGIIX returned 10.43%/yr vs 14.85%/yr for IWV. A 0.75 correlation means they provide meaningful diversification when combined. SGIIX charges 0.86%/yr vs 0.20%/yr for IWV.
Performance
SGIIX vs. IWV - Performance Comparison
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Returns By Period
In the year-to-date period, SGIIX achieves a 7.75% return, which is significantly lower than IWV's 11.36% return. Over the past 10 years, SGIIX has underperformed IWV with an annualized return of 10.43%, while IWV has yielded a comparatively higher 14.85% annualized return.
SGIIX
- 1D
- -0.84%
- 1M
- 1.82%
- YTD
- 7.75%
- 6M
- 9.29%
- 1Y
- 26.45%
- 3Y*
- 19.06%
- 5Y*
- 10.86%
- 10Y*
- 10.43%
IWV
- 1D
- 0.52%
- 1M
- 4.56%
- YTD
- 11.36%
- 6M
- 11.08%
- 1Y
- 28.12%
- 3Y*
- 22.07%
- 5Y*
- 12.64%
- 10Y*
- 14.85%
SGIIX vs. IWV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SGIIX First Eagle Global Fund Class I | 7.75% | 31.94% | 12.03% | 13.04% | -6.23% | 12.49% | 8.63% | 20.47% | -8.20% | 13.78% |
IWV iShares Russell 3000 ETF | 11.36% | 16.96% | 23.49% | 25.82% | -19.28% | 25.54% | 20.55% | 30.66% | -5.43% | 20.97% |
Correlation
The correlation between SGIIX and IWV is 0.70, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.70 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.76 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.81 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.83 |
Correlation (All Time) Calculated using the full available price history since May 30, 2000 | 0.75 |
The correlation between SGIIX and IWV shifts across timeframes, from 0.70 (1 year) to 0.83 (10 years), reflecting how their relationship changes across market environments.
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Return for Risk
SGIIX vs. IWV — Risk / Return Rank
SGIIX
IWV
SGIIX vs. IWV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Eagle Global Fund Class I (SGIIX) and iShares Russell 3000 ETF (IWV). 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.
| SGIIX | IWV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.08 | ||
| Sortino ratioReturn per unit of downside risk | +0.04 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.42 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 2.56 | 3.18 | -0.62 |
| Martin ratioReturn relative to average drawdown | 9.02 | 14.64 | -5.61 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SGIIX | IWV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.41 | 2.33 | +0.08 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.91 | 0.74 | +0.18 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.84 | 0.81 | +0.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.92 | 0.45 | +0.47 |
Drawdowns
SGIIX vs. IWV - Drawdown Comparison
The maximum SGIIX drawdown since its inception was -37.03%, smaller than the maximum IWV drawdown of -55.61%. Use the drawdown chart below to compare losses from any high point for SGIIX and IWV.
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Drawdown Indicators
| SGIIX | IWV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.03% | -55.61% | +18.58% |
Max Drawdown (1Y)Largest decline over 1 year | -10.52% | -8.89% | -1.63% |
Max Drawdown (3Y)Largest decline over 3 years | -10.52% | -19.28% | +8.76% |
Max Drawdown (5Y)Largest decline over 5 years | -19.42% | -25.11% | +5.69% |
Max Drawdown (10Y)Largest decline over 10 years | -27.64% | -35.22% | +7.58% |
Current DrawdownCurrent decline from peak | -3.02% | -0.25% | -2.77% |
Average DrawdownAverage peak-to-trough decline | -3.71% | -10.59% | +6.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.98% | 1.93% | +1.05% |
Volatility
SGIIX vs. IWV - Volatility Comparison
First Eagle Global Fund Class I (SGIIX) and iShares Russell 3000 ETF (IWV) have volatilities of 3.01% and 2.91%, 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
| SGIIX | IWV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.01% | 2.91% | +0.10% |
Volatility (6M)Calculated over the trailing 6-month period | 9.18% | 9.10% | +0.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.17% | 12.11% | -0.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.96% | 17.24% | -5.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.50% | 18.40% | -5.90% |
SGIIX vs. IWV - Expense Ratio Comparison
SGIIX has a 0.86% expense ratio, which is higher than IWV's 0.20% expense ratio.
Dividends
SGIIX vs. IWV - Dividend Comparison
SGIIX's dividend yield for the trailing twelve months is around 8.92%, more than IWV's 0.85% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IWV iShares Russell 3000 ETF | 0.85% | 0.96% | 1.08% | 1.30% | 1.56% | 1.04% | 1.30% | 1.69% | 1.97% | 1.58% | 1.79% | 1.99% |
SGIIX First Eagle Global Fund Class I | 8.92% | 9.61% | 5.68% | 3.74% | 4.41% | 6.49% | 2.61% | 5.72% | 6.66% | 4.50% | 4.96% | 1.43% |
Frequently Asked Questions
SGIIX and IWV have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SGIIX has higher volatility (3.01%) compared to IWV (2.91%). In terms of maximum drawdown, SGIIX dropped -37.03% vs IWV's -55.61%.
SGIIX currently has the higher Sharpe Ratio (2.41 vs 2.33), 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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