SUSL vs. IYW
SUSL (iShares ESG MSCI USA Leaders ETF) and IYW (iShares U.S. Technology ETF) are both exchange-traded funds - SUSL is a Large Cap Growth Equities fund tracking the MSCI USA Extended ESG Leaders Index, while IYW is a Technology Equities fund tracking the Russell 1000 Technology RIC 22.5/45 Capped Index. Both are passively managed. Over the past 5 years, SUSL returned 13.77%/yr vs 22.87%/yr for IYW. Their correlation of 0.87 suggests significant overlap in exposure. SUSL charges 0.10%/yr vs 0.38%/yr for IYW.
Performance
SUSL vs. IYW - Performance Comparison
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Returns By Period
In the year-to-date period, SUSL achieves a 9.27% return, which is significantly lower than IYW's 29.03% return.
SUSL
- 1D
- -0.94%
- 1M
- 4.53%
- YTD
- 9.27%
- 6M
- 10.06%
- 1Y
- 27.64%
- 3Y*
- 22.34%
- 5Y*
- 13.77%
- 10Y*
- —
IYW
- 1D
- -0.92%
- 1M
- 16.53%
- YTD
- 29.03%
- 6M
- 28.22%
- 1Y
- 59.52%
- 3Y*
- 35.24%
- 5Y*
- 22.87%
- 10Y*
- 26.11%
SUSL vs. IYW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
SUSL iShares ESG MSCI USA Leaders ETF | 9.27% | 18.97% | 23.51% | 29.08% | -20.22% | 31.53% | 18.89% | 16.29% |
IYW iShares U.S. Technology ETF | 29.03% | 25.38% | 30.25% | 65.44% | -34.83% | 35.44% | 47.45% | 18.89% |
Correlation
The correlation between SUSL and IYW is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.87 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.89 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.91 |
Correlation (All Time) Calculated using the full available price history since May 13, 2019 | 0.87 |
The correlation between SUSL and IYW has been stable across timeframes, ranging from 0.87 to 0.91 - a consistent structural relationship.
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Return for Risk
SUSL vs. IYW — Risk / Return Rank
SUSL
IYW
SUSL vs. IYW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares ESG MSCI USA Leaders ETF (SUSL) 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.
| SUSL | IYW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.84 | ||
| Sortino ratioReturn per unit of downside risk | -0.71 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.48 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 2.44 | 3.36 | -0.92 |
| Martin ratioReturn relative to average drawdown | 10.49 | 11.00 | -0.50 |
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
| SUSL | IYW | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.14 | 2.98 | -0.84 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.79 | 0.89 | -0.10 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 1.04 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.85 | 0.35 | +0.50 |
Drawdowns
SUSL vs. IYW - Drawdown Comparison
The maximum SUSL drawdown since its inception was -34.26%, smaller than the maximum IYW drawdown of -81.90%. Use the drawdown chart below to compare losses from any high point for SUSL and IYW.
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Drawdown Indicators
| SUSL | IYW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.26% | -81.90% | +47.64% |
Max Drawdown (1Y)Largest decline over 1 year | -11.37% | -17.81% | +6.44% |
Max Drawdown (3Y)Largest decline over 3 years | -19.91% | -26.47% | +6.56% |
Max Drawdown (5Y)Largest decline over 5 years | -26.98% | -39.44% | +12.46% |
Max Drawdown (10Y)Largest decline over 10 years | — | -39.44% | — |
Current DrawdownCurrent decline from peak | -1.38% | -0.92% | -0.46% |
Average DrawdownAverage peak-to-trough decline | -5.70% | -34.66% | +28.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.64% | 5.43% | -2.79% |
Volatility
SUSL vs. IYW - Volatility Comparison
The current volatility for iShares ESG MSCI USA Leaders ETF (SUSL) is 3.68%, while iShares U.S. Technology ETF (IYW) has a volatility of 6.30%. This indicates that SUSL experiences smaller price fluctuations and is considered to be less risky 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
| SUSL | IYW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.68% | 6.30% | -2.62% |
Volatility (6M)Calculated over the trailing 6-month period | 9.98% | 15.85% | -5.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.98% | 20.09% | -7.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.48% | 25.87% | -8.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.80% | 25.09% | -5.29% |
SUSL vs. IYW - Expense Ratio Comparison
SUSL has a 0.10% expense ratio, which is lower than IYW's 0.38% expense ratio.
Dividends
SUSL vs. IYW - Dividend Comparison
SUSL's dividend yield for the trailing twelve months is around 0.93%, more than IYW's 0.11% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
SUSL iShares ESG MSCI USA Leaders ETF | 0.93% | 0.99% | 1.10% | 1.27% | 1.57% | 1.12% | 1.38% | 1.12% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SUSL and IYW have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IYW has higher volatility (6.30%) compared to SUSL (3.68%). In terms of maximum drawdown, SUSL dropped -34.26% vs IYW's -81.90%.
On 5-year performance, IYW leads with 22.87% vs 13.77% for SUSL. On fees, SUSL is cheaper at 0.10% per year. On volatility, SUSL has been the lower-risk option at 3.68%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, IYW has performed better with a 22.87% return vs 13.77%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SUSL is cheaper with a 0.10% expense ratio, compared with 0.38% for IYW.
SUSL has the higher dividend yield at 0.93%, compared with 0.11% for IYW.
SUSL is categorized as Large Cap Growth Equities, while IYW is Technology Equities. SUSL tracks MSCI USA Extended ESG Leaders Index, while IYW tracks Russell 1000 Technology RIC 22.5/45 Capped Index. Their fees differ too: 0.10% for SUSL and 0.38% for IYW.
IYW currently has the higher Sharpe Ratio (2.98 vs 2.14), 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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