WMT vs. IGV
WMT (Walmart 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, WMT returned 19.62%/yr vs 16.44%/yr for IGV. At a 0.32 correlation, their price movements are largely independent.
Performance
WMT vs. IGV - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, WMT achieves a 7.98% return, which is significantly higher than IGV's -9.50% return. Over the past 10 years, WMT has outperformed IGV with an annualized return of 19.62%, while IGV has yielded a comparatively lower 16.44% annualized return.
WMT
- 1D
- 0.80%
- 1M
- -8.13%
- YTD
- 7.98%
- 6M
- 6.15%
- 1Y
- 23.97%
- 3Y*
- 34.37%
- 5Y*
- 22.47%
- 10Y*
- 19.62%
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%
WMT vs. IGV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WMT Walmart Inc. | 7.98% | 24.49% | 73.99% | 12.88% | -0.46% | 1.97% | 23.32% | 30.16% | -3.43% | 46.56% |
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 WMT and IGV is -0.19, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.19 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.09 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.18 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.21 |
Correlation (All Time) Calculated using the full available price history since Jul 16, 2001 | 0.32 |
The correlation between WMT and IGV shifts across timeframes, from -0.19 (1 year) to 0.32 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
WMT vs. IGV — Risk / Return Rank
WMT
IGV
WMT vs. IGV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Walmart Inc. (WMT) 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.
| WMT | IGV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.37 | ||
| Sortino ratioReturn per unit of downside risk | +1.86 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 0.96 | +0.24 |
| Calmar ratioReturn relative to maximum drawdown | 1.53 | -0.27 | +1.80 |
| Martin ratioReturn relative to average drawdown | 5.02 | -0.56 | +5.58 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| WMT | IGV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.02 | -0.35 | +1.37 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.04 | 0.20 | +0.84 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.91 | 0.63 | +0.28 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.64 | 0.36 | +0.28 |
Drawdowns
WMT vs. IGV - Drawdown Comparison
The maximum WMT drawdown since its inception was -77.14%, which is greater than IGV's maximum drawdown of -63.45%. Use the drawdown chart below to compare losses from any high point for WMT and IGV.
Loading charts...
Drawdown Indicators
| WMT | IGV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.14% | -63.45% | -13.69% |
Max Drawdown (1Y)Largest decline over 1 year | -15.75% | -36.61% | +20.86% |
Max Drawdown (3Y)Largest decline over 3 years | -21.93% | -36.61% | +14.68% |
Max Drawdown (5Y)Largest decline over 5 years | -25.74% | -45.85% | +20.11% |
Max Drawdown (10Y)Largest decline over 10 years | -25.74% | -45.85% | +20.11% |
Current DrawdownCurrent decline from peak | -10.71% | -18.80% | +8.09% |
Average DrawdownAverage peak-to-trough decline | -14.63% | -14.45% | -0.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.79% | 17.33% | -12.54% |
Volatility
WMT vs. IGV - Volatility Comparison
The current volatility for Walmart Inc. (WMT) is 10.26%, while iShares Expanded Tech-Software Sector ETF (IGV) has a volatility of 12.20%. This indicates that WMT 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.
Loading charts...
Volatility by Period
| WMT | IGV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.26% | 12.20% | -1.94% |
Volatility (6M)Calculated over the trailing 6-month period | 18.59% | 24.65% | -6.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.72% | 27.93% | -4.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.68% | 27.90% | -6.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.73% | 26.38% | -4.65% |
Dividends
WMT vs. IGV - Dividend Comparison
WMT'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% |
WMT Walmart Inc. | 0.81% | 0.84% | 0.92% | 1.45% | 1.58% | 1.52% | 1.50% | 1.78% | 2.23% | 2.07% | 2.89% | 3.20% |
Frequently Asked Questions
WMT and IGV have a correlation of -0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IGV has higher volatility (12.20%) compared to WMT (10.26%). In terms of maximum drawdown, WMT dropped -77.14% vs IGV's -63.45%.
WMT currently has the higher Sharpe Ratio (1.02 vs -0.35), 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.
Find the right allocation for WMT and IGV
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer