IYW vs SHV

Comparison between ISHARES U.S. TECHNOLOGY ETF (IYW, ETF) and iShares 0-1 Year Treasury Bond ETF (SHV, ETF).

5-Year PerformanceIYW has outperformed SHV, delivering a return of +22.7% compared to +3.3%

IYW vs SHV - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IYW(ETF)	SHV(ETF)
Net Assets	$22B	$21B
Expense Ratio	0.38%	0.15%
Max Drawdown	81.90%	1.20%
Sharpe Ratio	2.24	1.25
5Y Beta	1.42	-0.00
P/E Ratio	39.71	N/A
Forward P/E	24.61	N/A
5Y Dividends CAGR	-6.12%	65.56%
5Y EPS CAGR	38.34%	N/A
Debt to Equity	2.61%	N/A
P/S Ratio	7.57	N/A
P/B Ratio	10.31	N/A

Net Assets

Winner

IYW

$22B

SHV

$21B

Expense Ratio

IYW

0.38%

Winner

SHV

0.15%

Max Drawdown

IYW

81.90%

Winner

SHV

1.20%

Sharpe Ratio

Winner

IYW

2.24

SHV

1.25

5Y Beta

IYW

1.42

Winner

SHV

-0.00

P/E Ratio

IYW

39.71

SHV

N/A

Forward P/E

IYW

24.61

SHV

N/A

5Y Dividends CAGR

IYW

-6.12%

Winner

SHV

65.56%

5Y EPS CAGR

IYW

38.34%

SHV

N/A

Debt to Equity

IYW

2.61%

SHV

N/A

P/S Ratio

IYW

7.57

SHV

N/A

P/B Ratio

IYW

10.31

SHV

N/A

IYW vs SHV - Historical Returns

Returns include dividend reinvestment.

Period	IYW	SHV
1 month	+19.77%	+0.29%
3 months	+24.30%	+0.84%
6 months	+16.70%	+1.78%
1 year	+52.92%	+3.94%
5 years(CAGR)	+22.67%	+3.27%
10 years(CAGR)	+25.68%	+2.20%
Max(CAGR)	+9.27%	+1.57%

Winner

IYW

+19.77%

SHV

+0.29%

Winner

IYW

+24.30%

SHV

+0.84%

Winner

IYW

+16.70%

SHV

+1.78%

Winner

IYW

+52.92%

SHV

+3.94%

5Y(CAGR)

Winner

IYW

+22.67%

SHV

+3.27%

10Y(CAGR)

Winner

IYW

+25.68%

SHV

+2.20%

Max(CAGR)

Winner

IYW

+9.27%

SHV

+1.57%

IYW vs SHV - Annual Returns (2000 - 2026)

Returns include dividend reinvestment.

Year	IYW	SHV
2026	+18.64%	+1.20%
2025	+25.36%	+4.19%
2024	+33.77%	+5.13%
2023	+66.65%	+5.02%
2022	-35.16%	+0.95%
2021	+37.48%	-0.09%
2020	+44.47%	+0.79%
2019	+46.32%	+2.35%
2018	-2.40%	+1.73%
2017	+35.59%	+0.64%
2016	+15.48%	+0.41%
2015	+4.03%	+0.02%
2014	+20.70%	+0.02%
2013	+22.71%	+0.01%
2012	+9.98%	+0.05%
2011	-1.28%	+0.07%
2010	+10.59%	+0.12%
2009	+57.56%	+0.32%
2008	-42.02%	+2.73%
2007	+14.50%	+4.99%
2006	+7.37%	N/A
2005	+3.73%	N/A
2004	+0.96%	N/A
2003	+43.69%	N/A
2002	-40.37%	N/A
2001	-22.34%	N/A
2000	-32.09%	N/A

IYW vs SHV Drawdown Comparison

The maximum drawdown for IYW was -81.90%, occurring on Oct 9, 2002. Recovery took 4156 trading sessions.

The maximum drawdown for SHV was -0.45%, occurring on Jun 14, 2022. Recovery took 631 trading sessions.

The current IYW drawdown is -1.24%.

Rank	IYW	SHV
#1	-81.90% Jul 17, 2000 - Jan 24, 2017	-0.45% Apr 7, 2020 - Oct 7, 2022
#2	-39.44% Dec 27, 2021 - Nov 20, 2023	-0.36% Oct 10, 2008 - Oct 15, 2008
#3	-30.47% Feb 19, 2020 - Jun 5, 2020	-0.29% Oct 15, 2008 - Nov 6, 2008
#4	-26.47% Feb 18, 2025 - Jun 24, 2025	-0.25% Sep 17, 2008 - Oct 2, 2008
#5	-23.96% Aug 29, 2018 - Mar 21, 2019	-0.23% Dec 29, 2008 - Apr 15, 2009
#6	-17.81% Oct 29, 2025 - Apr 22, 2026	-0.19% Aug 22, 2007 - Sep 5, 2007
#7	-16.11% Jul 10, 2024 - Nov 7, 2024	-0.17% Mar 20, 2008 - May 1, 2008
#8	-13.30% Sep 2, 2020 - Dec 4, 2020	-0.14% Oct 2, 2008 - Oct 10, 2008
#9	-12.91% Apr 29, 2019 - Jul 12, 2019	-0.13% Jun 1, 2009 - Jul 8, 2009
#10	-11.44% Feb 12, 2021 - Apr 8, 2021	-0.12% Oct 2, 2015 - Jan 19, 2016
#11	-10.54% Jan 26, 2018 - Feb 26, 2018	-0.11% Feb 24, 2017 - Apr 13, 2017
#12	-10.21% Mar 12, 2018 - Jun 1, 2018	-0.10% Apr 29, 2009 - May 28, 2009
#13	-8.84% Apr 15, 2021 - Jun 11, 2021	-0.09% Dec 12, 2008 - Dec 29, 2008
#14	-8.67% Mar 22, 2024 - May 15, 2024	-0.08% Dec 11, 2007 - Dec 19, 2007
#15	-8.42% Jul 26, 2019 - Oct 28, 2019	-0.08% Nov 4, 2016 - Dec 19, 2016

Correlation

Correlation between IYW and SHV is 0.97 which considered as a very strong positive correlation - the stocks move almost identically together.

0.97

-101

Dividend Comparison (2004 - 2026)

IYW vs SHV dividend yield comparison.

Year	IYW	SHV
2026	0.03%	1.18%
2025	0.14%	4.09%
2024	0.21%	5.02%
2023	0.34%	4.73%
2022	0.50%	1.39%
2021	0.31%	0.00%
2020	0.56%	0.74%
2019	0.72%	2.19%
2018	0.92%	1.66%
2017	0.82%	0.72%
2016	1.14%	0.34%
2015	1.12%	0.03%
2014	1.13%	0.00%
2013	1.06%	0.00%
2012	0.94%	0.01%
2011	0.61%	0.07%
2010	0.43%	0.08%
2009	0.45%	0.34%
2008	0.65%	2.08%
2007	0.21%	4.04%
2006	0.14%	0.00%
2005	0.15%	0.00%
2004	1.44%	0.00%