TNDM vs. IYW
Compare and contrast key facts about Tandem Diabetes Care, Inc. (TNDM) and iShares U.S. Technology ETF (IYW).
IYW is a passively managed fund by iShares that tracks the performance of the Dow Jones U.S. Technology Index. It was launched on May 19, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TNDM or IYW.
Performance
TNDM vs. IYW - Performance Comparison
Returns By Period
In the year-to-date period, TNDM achieves a -2.77% return, which is significantly lower than IYW's 27.48% return. Over the past 10 years, TNDM has underperformed IYW with an annualized return of -14.81%, while IYW has yielded a comparatively higher 20.51% annualized return.
TNDM
-2.77%
-18.62%
-39.11%
61.66%
-15.99%
-14.81%
IYW
27.48%
0.64%
11.87%
35.18%
23.70%
20.51%
Key characteristics
| TNDM | IYW | |
|---|---|---|
| Sharpe Ratio | 0.83 | 1.65 |
| Sortino Ratio | 1.65 | 2.18 |
| Omega Ratio | 1.19 | 1.29 |
| Calmar Ratio | 0.60 | 2.17 |
| Martin Ratio | 2.83 | 7.50 |
| Ulcer Index | 19.87% | 4.66% |
| Daily Std Dev | 68.10% | 21.22% |
| Max Drawdown | -99.25% | -81.89% |
| Current Drawdown | -90.41% | -3.14% |
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Correlation
The correlation between TNDM and IYW is 0.34, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Risk-Adjusted Performance
TNDM vs. IYW - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Tandem Diabetes Care, Inc. (TNDM) 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.
Dividends
TNDM vs. IYW - Dividend Comparison
TNDM has not paid dividends to shareholders, while IYW's dividend yield for the trailing twelve months is around 0.42%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TNDM Tandem Diabetes Care, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IYW iShares U.S. Technology ETF | 0.42% | 0.53% | 0.50% | 0.31% | 0.56% | 0.72% | 0.91% | 0.82% | 1.13% | 1.12% | 1.13% | 1.06% |
Drawdowns
TNDM vs. IYW - Drawdown Comparison
The maximum TNDM drawdown since its inception was -99.25%, which is greater than IYW's maximum drawdown of -81.89%. Use the drawdown chart below to compare losses from any high point for TNDM and IYW. For additional features, visit the drawdowns tool.
Volatility
TNDM vs. IYW - Volatility Comparison
Tandem Diabetes Care, Inc. (TNDM) has a higher volatility of 15.87% compared to iShares U.S. Technology ETF (IYW) at 6.50%. This indicates that TNDM'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.