V vs. IGV

Last updated Jun 9, 2026

V (Visa Inc.) is a stock, while IGV (iShares Expanded Tech-Software Sector ETF) is Technology Equities fund tracking the S&P North American Expanded Technology Software Index. Over the past 10 years, V returned 15.64%/yr vs 16.44%/yr for IGV. A 0.56 correlation means they provide meaningful diversification when combined.

Performance

V vs. IGV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Visa Inc. (V) and iShares Expanded Tech-Software Sector ETF (IGV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, V achieves a -8.47% return, which is significantly higher than IGV's -9.50% return. Over the past 10 years, V has underperformed IGV with an annualized return of 15.64%, while IGV has yielded a comparatively higher 16.44% annualized return.

V

• 1D: -1.21%
• 1M: 0.48%
• YTD: -8.47%
• 6M: -1.79%
• 1Y: -12.97%
• 3Y*: 13.52%
• 5Y*: 7.39%
• 10Y*: 15.64%

IGV

• 1D: -0.21%
• 1M: 4.94%
• YTD: -9.50%
• 6M: -12.57%
• 1Y: -9.75%
• 3Y*: 13.14%
• 5Y*: 5.60%
• 10Y*: 16.44%

*Multi-year figures are annualized to reflect compound growth (CAGR)

V vs. IGV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
V Visa Inc.	-8.47%	11.76%	22.32%	26.31%	-3.40%	-0.31%	17.12%	43.33%	16.49%	47.18%
IGV iShares Expanded Tech-Software Sector ETF	-9.50%	5.56%	23.41%	58.56%	-35.65%	12.30%	52.86%	34.33%	12.44%	42.16%

Correlation

The correlation between V and IGV is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.26
Correlation (3Y) Calculated over the trailing 3-year period	0.36
Correlation (5Y) Calculated over the trailing 5-year period	0.46
Correlation (10Y) Calculated over the trailing 10-year period	0.56
Correlation (All Time) Calculated using the full available price history since Mar 20, 2008	0.56

Over the past year, the correlation between V and IGV has dropped to 0.26 - well below their long-term average of 0.56, suggesting their price drivers have been diverging.

Return for Risk

V vs. IGV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

V

V Risk / Return Rank: 17
V Sharpe Ratio Rank: 16
V Sortino Ratio Rank: 16
V Omega Ratio Rank: 17
V Calmar Ratio Rank: 18
V Martin Ratio Rank: 16

IGV

IGV Risk / Return Rank: 7
IGV Sharpe Ratio Rank: 6
IGV Sortino Ratio Rank: 6
IGV Omega Ratio Rank: 6
IGV Calmar Ratio Rank: 7
IGV Martin Ratio Rank: 7

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.

V vs. IGV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Visa Inc. (V) and iShares Expanded Tech-Software Sector ETF (IGV). 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.

	V	IGV	Difference
Sharpe ratio: Return per unit of total volatility	-0.58	-0.35	-0.23
Sortino ratio: Return per unit of downside risk	-0.72	-0.31	-0.41
Omega ratio: Gain probability vs. loss probability	0.91	0.96	-0.05
Calmar ratio: Return relative to maximum drawdown	-0.64	-0.27	-0.37
Martin ratio: Return relative to average drawdown	-1.18	-0.56	-0.61
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

V vs. IGV - Sharpe Ratio Comparison

The current V Sharpe Ratio is -0.58, which is lower than the IGV Sharpe Ratio of -0.35. The chart below compares the historical Sharpe Ratios of V and IGV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	V	IGV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.58	-0.35	-0.23
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.33	0.20	+0.12
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.64	0.63	+0.02
Sharpe Ratio (All Time) Calculated using the full available price history	0.69	0.36	+0.33

Drawdowns

V vs. IGV - Drawdown Comparison

The maximum V drawdown since its inception was -51.90%, smaller than the maximum IGV drawdown of -63.45%. Use the drawdown chart below to compare losses from any high point for V and IGV.

Drawdown Indicators

	V	IGV	Difference
Max Drawdown Largest peak-to-trough decline	-51.90%	-63.45%	+11.55%
Max Drawdown (1Y) Largest decline over 1 year	-20.38%	-36.61%	+16.23%
Max Drawdown (3Y) Largest decline over 3 years	-20.38%	-36.61%	+16.23%
Max Drawdown (5Y) Largest decline over 5 years	-28.60%	-45.85%	+17.25%
Max Drawdown (10Y) Largest decline over 10 years	-36.36%	-45.85%	+9.49%
Current Drawdown Current decline from peak	-13.69%	-18.80%	+5.11%
Average Drawdown Average peak-to-trough decline	-8.26%	-14.45%	+6.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.03%	17.33%	-6.30%

Volatility

V vs. IGV - Volatility Comparison

The current volatility for Visa Inc. (V) is 5.74%, while iShares Expanded Tech-Software Sector ETF (IGV) has a volatility of 12.20%. This indicates that V experiences smaller price fluctuations and is considered to be less risky than IGV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	V	IGV	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.74%	12.20%	-6.46%
Volatility (6M) Calculated over the trailing 6-month period	17.50%	24.65%	-7.15%
Volatility (1Y) Calculated over the trailing 1-year period	22.32%	27.93%	-5.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.80%	27.90%	-5.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.47%	26.38%	-1.91%

Dividends

V vs. IGV - Dividend Comparison

V's dividend yield for the trailing twelve months is around 0.81%, while IGV has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IGV iShares Expanded Tech-Software Sector ETF	0.00%	0.00%	0.00%	0.01%	0.01%	0.00%	0.35%	0.02%	0.16%	0.09%	0.82%	0.22%
V Visa Inc.	0.81%	0.70%	0.68%	0.72%	0.76%	0.62%	0.56%	0.56%	0.67%	0.61%	0.75%	0.64%

Frequently Asked Questions

Can I hold both V and IGV in my portfolio?

V and IGV have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, V or IGV?

IGV has higher volatility (12.20%) compared to V (5.74%). In terms of maximum drawdown, V dropped -51.90% vs IGV's -63.45%.

Which has better risk-adjusted returns?

IGV currently has the higher Sharpe Ratio (-0.35 vs -0.58), 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.