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BPAY vs IYY

iShares FinTech Active ETF vs iShares Dow Jones U.S. ETF

BPAY

iShares FinTech Active ETF

Annual cost

0.55%

Fund size

$9M

IYY

iShares Dow Jones U.S. ETF

Annual cost

0.20%

Fund size

$3.0B

Key differences

BPAY is an alternative ETF, while IYY is an equity ETF. BPAY charges 0.55% a year and IYY 0.20%.

  • BPAY is an alternative fund, while IYY is an equity fund. They carry different risk/return profiles.
  • BPAY follows a active selection strategy; IYY uses index tracking.
  • BPAY covers global markets; IYY covers North America.
  • IYY costs 0.35% less per year.
  • IYY is much larger than BPAY. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, IYY has delivered higher annualized returns.
  • IYY has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

BPAYIYY
Annual cost (TER)0.55%0.20%
Fund size (AUM)$9M$3.0B
Since20222000
Dividend yield2.79%0.87%
Asset classalternativeequity
Regionglobalnorth america
Strategyactive selectionindex tracking
CAGR 1Y-13.7%+24.6%
CAGR 3Y+8.9%+22.2%
CAGR 5YN/A+12.5%
Sharpe 3Y0.331.17
Volatility 1Y26.44%12.31%
Max drawdown-33.62%-34.90%

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