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 18.44%/yr vs 15.60%/yr for IGV. At a 0.32 correlation, their price movements are largely independent.
Performance
WMT vs. IGV - Performance Comparison
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Returns By Period
In the year-to-date period, WMT achieves a 1.11% return, which is significantly higher than IGV's -12.01% return. Over the past 10 years, WMT has outperformed IGV with an annualized return of 18.44%, while IGV has yielded a comparatively lower 15.60% annualized return.
WMT
- 1D
- -1.79%
- 1M
- -4.25%
- 6M
- -5.89%
- YTD
- 1.11%
- 1Y
- 19.03%
- 3Y*
- 29.98%
- 5Y*
- 20.51%
- 10Y*
- 18.44%
- ALL TIME*
- 18.39%
IGV
- 1D
- 0.19%
- 1M
- 4.37%
- 6M
- -5.40%
- YTD
- -12.01%
- 1Y
- -16.26%
- 3Y*
- 9.01%
- 5Y*
- 3.20%
- 10Y*
- 15.60%
- ALL TIME*
- 9.30%
WMT vs. IGV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WMT Walmart Inc. | 1.11% | 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 | -12.01% | 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 -0.22, 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 | -0.22 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.07 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.17 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.21 |
Correlation (All Time) Calculated using the full available price history since Jul 13, 2001 | 0.32 |
The correlation between WMT and IGV shifts across timeframes, from -0.22 (1 year) to 0.32 (all time), reflecting how their relationship changes across market environments.
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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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| WMT | IGV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.35 | ||
| Sortino ratioReturn per unit of downside risk | +1.89 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 0.92 | +0.24 |
| Calmar ratioReturn relative to maximum drawdown | 1.01 | -0.45 | +1.46 |
| Martin ratioReturn relative to average drawdown | 2.88 | -0.86 | +3.74 |
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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.
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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 | -18.91% | -36.61% | +17.70% |
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 | -16.39% | -21.05% | +4.66% |
Average DrawdownAverage peak-to-trough decline | -14.63% | -14.48% | -0.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.63% | 18.89% | -12.26% |
Volatility
WMT vs. IGV - Volatility Comparison
Walmart Inc. (WMT) and iShares Expanded Tech-Software Sector ETF (IGV) have volatilities of 7.51% and 7.17%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WMT | IGV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.51% | 7.17% | +0.34% |
Volatility (6M)Calculated over the trailing 6-month period | 19.19% | 25.18% | -5.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.48% | 28.69% | -4.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.88% | 28.08% | -6.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.87% | 26.41% | -4.54% |
Dividends
WMT vs. IGV - Dividend Comparison
WMT's dividend yield for the trailing twelve months is around 0.86%, more than IGV's 0.02% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IGV iShares Expanded Tech-Software Sector ETF | 0.02% | 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. | 0.86% | 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 -0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WMT has higher volatility (7.51%) compared to IGV (7.17%). In terms of maximum drawdown, WMT dropped -77.14% vs IGV's -63.45%.
WMT currently has the higher Sharpe Ratio (0.78 vs -0.57), 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.
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