V vs. IXC

Last updated Jun 5, 2026

V (Visa Inc.) is a stock, while IXC (iShares Global Energy ETF) is Energy Equities fund tracking the S&P Global Energy Sector Index. Over the past 10 years, V returned 15.61%/yr vs 10.08%/yr for IXC. At a 0.39 correlation, their price movements are largely independent.

Performance

V vs. IXC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Visa Inc. (V) and iShares Global Energy ETF (IXC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, V achieves a -8.33% return, which is significantly lower than IXC's 32.12% return. Over the past 10 years, V has outperformed IXC with an annualized return of 15.61%, while IXC has yielded a comparatively lower 10.08% annualized return.

V

• 1D: 2.49%
• 1M: -0.37%
• YTD: -8.33%
• 6M: -1.71%
• 1Y: -12.31%
• 3Y*: 13.04%
• 5Y*: 7.63%
• 10Y*: 15.61%

IXC

• 1D: -0.07%
• 1M: -1.98%
• YTD: 32.12%
• 6M: 29.58%
• 1Y: 50.36%
• 3Y*: 19.06%
• 5Y*: 19.62%
• 10Y*: 10.08%

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

V vs. IXC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
V Visa Inc.	-8.33%	11.76%	22.32%	26.31%	-3.40%	-0.31%	17.12%	43.33%	16.49%	47.18%
IXC iShares Global Energy ETF	32.12%	13.98%	1.95%	3.92%	48.51%	40.88%	-31.00%	12.67%	-14.85%	5.54%

Correlation

The correlation between V and IXC is -0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.06
Correlation (3Y) Calculated over the trailing 3-year period	0.10
Correlation (5Y) Calculated over the trailing 5-year period	0.22
Correlation (10Y) Calculated over the trailing 10-year period	0.31
Correlation (All Time) Calculated using the full available price history since Mar 20, 2008	0.39

The correlation between V and IXC shifts across timeframes, from -0.06 (1 year) to 0.39 (all time), reflecting how their relationship changes across market environments.

Return for Risk

V vs. IXC — Risk / Return Rank

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

V

V Risk / Return Rank: 18
V Sharpe Ratio Rank: 17
V Sortino Ratio Rank: 17
V Omega Ratio Rank: 17
V Calmar Ratio Rank: 20
V Martin Ratio Rank: 18

IXC

IXC Risk / Return Rank: 81
IXC Sharpe Ratio Rank: 84
IXC Sortino Ratio Rank: 77
IXC Omega Ratio Rank: 75
IXC Calmar Ratio Rank: 89
IXC Martin Ratio Rank: 81

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. IXC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Visa Inc. (V) and iShares Global Energy ETF (IXC). 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	IXC	Difference
Sharpe ratio: Return per unit of total volatility	-0.56	2.71	-3.27
Sortino ratio: Return per unit of downside risk	-0.67	3.40	-4.07
Omega ratio: Gain probability vs. loss probability	0.92	1.44	-0.53
Calmar ratio: Return relative to maximum drawdown	-0.61	5.24	-5.84
Martin ratio: Return relative to average drawdown	-1.12	15.73	-16.86
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. IXC - Sharpe Ratio Comparison

The current V Sharpe Ratio is -0.56, which is lower than the IXC Sharpe Ratio of 2.71. The chart below compares the historical Sharpe Ratios of V and IXC, 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	IXC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.56	2.71	-3.27
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.34	0.84	-0.50
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.64	0.38	+0.26
Sharpe Ratio (All Time) Calculated using the full available price history	0.69	0.32	+0.37

Drawdowns

V vs. IXC - Drawdown Comparison

The maximum V drawdown since its inception was -51.90%, smaller than the maximum IXC drawdown of -67.88%. Use the drawdown chart below to compare losses from any high point for V and IXC.

Drawdown Indicators

	V	IXC	Difference
Max Drawdown Largest peak-to-trough decline	-51.90%	-67.88%	+15.98%
Max Drawdown (1Y) Largest decline over 1 year	-20.38%	-9.66%	-10.72%
Max Drawdown (3Y) Largest decline over 3 years	-20.38%	-19.06%	-1.32%
Max Drawdown (5Y) Largest decline over 5 years	-28.60%	-24.93%	-3.67%
Max Drawdown (10Y) Largest decline over 10 years	-36.36%	-64.16%	+27.80%
Current Drawdown Current decline from peak	-13.55%	-4.91%	-8.64%
Average Drawdown Average peak-to-trough decline	-8.26%	-17.48%	+9.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.97%	3.21%	+7.76%

Volatility

V vs. IXC - Volatility Comparison

The current volatility for Visa Inc. (V) is 5.65%, while iShares Global Energy ETF (IXC) has a volatility of 7.50%. This indicates that V experiences smaller price fluctuations and is considered to be less risky than IXC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	V	IXC	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.65%	7.50%	-1.85%
Volatility (6M) Calculated over the trailing 6-month period	17.44%	15.38%	+2.06%
Volatility (1Y) Calculated over the trailing 1-year period	22.25%	18.73%	+3.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.79%	23.50%	-0.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.46%	26.85%	-2.39%

Dividends

V vs. IXC - Dividend Comparison

V's dividend yield for the trailing twelve months is around 0.81%, less than IXC's 2.79% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IXC iShares Global Energy ETF	2.79%	3.68%	4.56%	3.45%	4.76%	3.98%	4.86%	7.00%	3.51%	3.05%	2.86%	3.77%
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 IXC in my portfolio?

V and IXC have a correlation of -0.06, 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 IXC?

IXC has higher volatility (7.50%) compared to V (5.65%). In terms of maximum drawdown, V dropped -51.90% vs IXC's -67.88%.

Which has better risk-adjusted returns?

IXC currently has the higher Sharpe Ratio (2.71 vs -0.56), 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.