Correlation
The correlation between USRD and IGM is 0.90, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
USRD vs. IGM
Compare and contrast key facts about Themes US R&D Champions ETF (USRD) and iShares Expanded Tech Sector ETF (IGM).
USRD and IGM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. USRD is a passively managed fund by Themes that tracks the performance of the Solactive US R&D Champions Index. It was launched on Dec 12, 2023. IGM is a passively managed fund by iShares that tracks the performance of the S&P North American Technology Sector Index. It was launched on Mar 13, 2001. Both USRD and IGM are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: USRD or IGM.
Performance
USRD vs. IGM - Performance Comparison
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Key characteristics
USRD:
0.40
IGM:
0.61
USRD:
0.63
IGM:
0.87
USRD:
1.09
IGM:
1.12
USRD:
0.32
IGM:
0.54
USRD:
1.10
IGM:
1.71
USRD:
6.83%
IGM:
8.26%
USRD:
22.74%
IGM:
29.22%
USRD:
-23.79%
IGM:
-65.59%
USRD:
-4.93%
IGM:
-5.30%
Returns By Period
In the year-to-date period, USRD achieves a 1.69% return, which is significantly higher than IGM's 0.61% return.
USRD
1.69%
8.44%
-2.20%
9.09%
N/A
N/A
N/A
IGM
0.61%
10.84%
1.41%
17.65%
24.00%
18.83%
19.65%
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USRD vs. IGM - Expense Ratio Comparison
USRD has a 0.29% expense ratio, which is lower than IGM's 0.46% expense ratio.
Risk-Adjusted Performance
USRD vs. IGM — Risk-Adjusted Performance Rank
USRD
IGM
USRD vs. IGM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Themes US R&D Champions ETF (USRD) 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.
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Dividends
USRD vs. IGM - Dividend Comparison
USRD's dividend yield for the trailing twelve months is around 2.39%, more than IGM's 0.23% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
USRD Themes US R&D Champions ETF | 2.39% | 2.44% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IGM iShares Expanded Tech Sector ETF | 0.23% | 0.22% | 0.52% | 0.53% | 0.16% | 0.32% | 0.50% | 0.57% | 0.57% | 0.90% | 0.79% | 0.88% |
Drawdowns
USRD vs. IGM - Drawdown Comparison
The maximum USRD drawdown since its inception was -23.79%, smaller than the maximum IGM drawdown of -65.59%. Use the drawdown chart below to compare losses from any high point for USRD and IGM.
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Volatility
USRD vs. IGM - Volatility Comparison
The current volatility for Themes US R&D Champions ETF (USRD) is 5.80%, while iShares Expanded Tech Sector ETF (IGM) has a volatility of 6.41%. This indicates that USRD experiences smaller price fluctuations and is considered to be less risky than IGM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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