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 0.85, 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:
0.46
^XCI:
0.40
IGM:
0.81
^XCI:
0.76
IGM:
1.11
^XCI:
1.10
IGM:
0.49
^XCI:
0.45
IGM:
1.59
^XCI:
1.39
IGM:
8.13%
^XCI:
8.65%
IGM:
28.77%
^XCI:
30.44%
IGM:
-65.59%
^XCI:
-77.19%
IGM:
-11.21%
^XCI:
-12.54%
Returns By Period
In the year-to-date period, IGM achieves a -5.67% return, which is significantly higher than ^XCI's -9.28% return. Over the past 10 years, IGM has underperformed ^XCI with an annualized return of 19.08%, while ^XCI has yielded a comparatively higher 21.08% annualized return.
IGM
-5.67%
20.61%
-5.82%
13.14%
18.30%
19.08%
^XCI
-9.28%
19.38%
-9.53%
12.24%
22.98%
21.08%
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Risk-Adjusted Performance
IGM vs. ^XCI — Risk-Adjusted Performance Rank
IGM
^XCI
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
The current volatility for iShares Expanded Tech Sector ETF (IGM) is 15.20%, while ARCA Computer Technology Index (^XCI) has a volatility of 16.37%. This indicates that IGM experiences smaller price fluctuations and is considered to be less risky than ^XCI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.