AYEW.DE vs. ESIT.DE
AYEW.DE (iShares MSCI World Information Technology Sector ESG UCITS ETF USD (Dist)) and ESIT.DE (iShares MSCI Europe Information Technology Sector UCITS ETF EUR (Acc)) are both Technology Equities funds from iShares - AYEW.DE tracks the MSCI World Information Technology ESG Reduced Carbon Select 20 35 Capped while ESIT.DE tracks the MSCI World/Information Tech NR USD. Both are passively managed. Over the past 5 years, AYEW.DE returned 17.69%/yr vs 10.61%/yr for ESIT.DE. A 0.78 correlation means they provide meaningful diversification when combined. Both charge a 0.18% expense ratio.
Performance
AYEW.DE vs. ESIT.DE - Performance Comparison
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Returns By Period
In the year-to-date period, AYEW.DE achieves a 18.08% return, which is significantly lower than ESIT.DE's 31.64% return.
AYEW.DE
- 1D
- -1.83%
- 1M
- -3.51%
- 6M
- 16.95%
- YTD
- 18.08%
- 1Y
- 28.78%
- 3Y*
- 24.81%
- 5Y*
- 17.69%
- 10Y*
- —
ESIT.DE
- 1D
- -2.54%
- 1M
- -12.45%
- 6M
- 17.82%
- YTD
- 31.64%
- 1Y
- 40.46%
- 3Y*
- 18.66%
- 5Y*
- 10.61%
- 10Y*
- —
AYEW.DE vs. ESIT.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
AYEW.DE iShares MSCI World Information Technology Sector ESG UCITS ETF USD (Dist) | 18.08% | 9.71% | 33.71% | 55.81% | -29.73% | 41.85% | 5.09% |
ESIT.DE iShares MSCI Europe Information Technology Sector UCITS ETF EUR (Acc) | 31.64% | 10.04% | 7.42% | 34.97% | -28.99% | 36.95% | 8.15% |
Correlation
The correlation between AYEW.DE and ESIT.DE is 0.74, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.74 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.74 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.78 |
Correlation (All Time) Calculated using the full available price history since Nov 18, 2020 | 0.78 |
The correlation between AYEW.DE and ESIT.DE has been stable across timeframes, ranging from 0.74 to 0.78 - a consistent structural relationship.
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Return for Risk
AYEW.DE vs. ESIT.DE — Risk / Return Rank
AYEW.DE
ESIT.DE
AYEW.DE vs. ESIT.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI World Information Technology Sector ESG UCITS ETF USD (Dist) (AYEW.DE) and iShares MSCI Europe Information Technology Sector UCITS ETF EUR (Acc) (ESIT.DE). 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.
| AYEW.DE | ESIT.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.10 | ||
| Sortino ratioReturn per unit of downside risk | -0.22 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.25 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 1.91 | 2.93 | -1.02 |
| Martin ratioReturn relative to average drawdown | 4.85 | 8.48 | -3.63 |
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Drawdowns
AYEW.DE vs. ESIT.DE - Drawdown Comparison
The maximum AYEW.DE drawdown since its inception was -31.30%, smaller than the maximum ESIT.DE drawdown of -38.29%. Use the drawdown chart below to compare losses from any high point for AYEW.DE and ESIT.DE.
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Drawdown Indicators
| AYEW.DE | ESIT.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.30% | -38.29% | +6.99% |
Max Drawdown (1Y)Largest decline over 1 year | -14.98% | -13.74% | -1.24% |
Max Drawdown (3Y)Largest decline over 3 years | -28.96% | -27.07% | -1.89% |
Max Drawdown (5Y)Largest decline over 5 years | -30.17% | -38.29% | +8.12% |
Current DrawdownCurrent decline from peak | -7.22% | -13.74% | +6.52% |
Average DrawdownAverage peak-to-trough decline | -7.68% | -11.86% | +4.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.92% | 4.65% | +1.27% |
Volatility
AYEW.DE vs. ESIT.DE - Volatility Comparison
The current volatility for iShares MSCI World Information Technology Sector ESG UCITS ETF USD (Dist) (AYEW.DE) is 7.31%, while iShares MSCI Europe Information Technology Sector UCITS ETF EUR (Acc) (ESIT.DE) has a volatility of 10.46%. This indicates that AYEW.DE experiences smaller price fluctuations and is considered to be less risky than ESIT.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AYEW.DE | ESIT.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.31% | 10.46% | -3.15% |
Volatility (6M)Calculated over the trailing 6-month period | 16.50% | 22.98% | -6.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.55% | 27.98% | -6.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.08% | 26.24% | -3.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.57% | 25.57% | -2.00% |
AYEW.DE vs. ESIT.DE - Expense Ratio Comparison
Both AYEW.DE and ESIT.DE have an expense ratio of 0.18%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
AYEW.DE vs. ESIT.DE - Dividend Comparison
AYEW.DE's dividend yield for the trailing twelve months is around 0.26%, while ESIT.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
AYEW.DE iShares MSCI World Information Technology Sector ESG UCITS ETF USD (Dist) | 0.26% | 0.31% | 0.38% | 0.46% | 0.82% | 0.40% | 0.65% | 0.12% |
ESIT.DE iShares MSCI Europe Information Technology Sector UCITS ETF EUR (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
AYEW.DE and ESIT.DE have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.18% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
AYEW.DE and ESIT.DE have the same expense ratio: 0.18% per year.
AYEW.DE tracks MSCI World Information Technology ESG Reduced Carbon Select 20 35 Capped, while ESIT.DE tracks MSCI World/Information Tech NR USD.
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