IGM vs. ^XCI
Compare and contrast key facts about iShares Expanded Tech Sector ETF (IGM) and ARCA Computer Technology Index (^XCI).
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IGM or ^XCI.
Correlation
The correlation between IGM and ^XCI is 0.95, 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.
Performance
IGM vs. ^XCI - Performance Comparison
Key characteristics
IGM:
1.93
^XCI:
2.04
IGM:
2.54
^XCI:
2.65
IGM:
1.34
^XCI:
1.35
IGM:
2.80
^XCI:
2.75
IGM:
10.03
^XCI:
9.24
IGM:
4.12%
^XCI:
4.91%
IGM:
21.43%
^XCI:
22.21%
IGM:
-65.59%
^XCI:
-77.19%
IGM:
-3.20%
^XCI:
-1.94%
Returns By Period
In the year-to-date period, IGM achieves a 38.86% return, which is significantly lower than ^XCI's 43.71% return. Over the past 10 years, IGM has underperformed ^XCI with an annualized return of 20.28%, while ^XCI has yielded a comparatively higher 22.40% annualized return.
IGM
38.86%
3.27%
10.15%
39.33%
21.32%
20.28%
^XCI
43.71%
3.34%
8.00%
44.00%
27.29%
22.40%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
IGM vs. ^XCI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Expanded Tech Sector ETF (IGM) and ARCA Computer Technology Index (^XCI). 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.
Drawdowns
IGM vs. ^XCI - Drawdown Comparison
The maximum IGM drawdown since its inception was -65.59%, smaller than the maximum ^XCI drawdown of -77.19%. Use the drawdown chart below to compare losses from any high point for IGM and ^XCI. For additional features, visit the drawdowns tool.
Volatility
IGM vs. ^XCI - Volatility Comparison
iShares Expanded Tech Sector ETF (IGM) has a higher volatility of 5.81% compared to ARCA Computer Technology Index (^XCI) at 4.96%. This indicates that IGM's price experiences larger fluctuations and is considered to be riskier than ^XCI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.