BATT.L vs. IISU.L

Last updated Jun 5, 2026

BATT.L (L&G Battery Value-Chain UCITS ETF) and IISU.L (iShares S&P 500 Industrials Sector UCITS ETF USD (Acc)) are both exchange-traded funds - BATT.L is a Alternative Energy Equities fund tracking the Solactive Battery Value-Chain Index, while IISU.L is a Industrials Equities fund tracking the S&P 500 Capped 35/20 Industrials Index. Both are passively managed. Over the past 5 years, BATT.L returned 16.19%/yr vs 12.19%/yr for IISU.L. A 0.62 correlation means they provide meaningful diversification when combined. BATT.L charges 0.49%/yr vs 0.15%/yr for IISU.L.

Performance

BATT.L vs. IISU.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in L&G Battery Value-Chain UCITS ETF (BATT.L) and iShares S&P 500 Industrials Sector UCITS ETF USD (Acc) (IISU.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

BATT.L is traded in USD, while IISU.L is traded in GBp. To make them comparable, the IISU.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, BATT.L achieves a 35.17% return, which is significantly higher than IISU.L's 12.36% return.

BATT.L

• 1D: -2.55%
• 1M: -1.49%
• YTD: 35.17%
• 6M: 40.03%
• 1Y: 128.07%
• 3Y*: 28.19%
• 5Y*: 16.19%
• 10Y*: —

IISU.L

• 1D: 0.00%
• 1M: 1.92%
• YTD: 12.36%
• 6M: 13.85%
• 1Y: 23.11%
• 3Y*: 21.84%
• 5Y*: 12.19%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BATT.L vs. IISU.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
BATT.L L&G Battery Value-Chain UCITS ETF	35.17%	71.43%	-1.20%	8.80%	-14.18%	15.68%	81.32%	16.59%	-24.50%
IISU.L iShares S&P 500 Industrials Sector UCITS ETF USD (Acc)	12.36%	19.63%	17.30%	17.33%	-5.28%	21.09%	9.50%	29.46%	-18.25%

Correlation

The correlation between BATT.L and IISU.L is 0.53, 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	0.53
Correlation (3Y) Calculated over the trailing 3-year period	0.52
Correlation (5Y) Calculated over the trailing 5-year period	0.59
Correlation (All Time) Calculated using the full available price history since Jan 24, 2018	0.62

The correlation between BATT.L and IISU.L shifts across timeframes, from 0.52 (3 years) to 0.62 (all time), reflecting how their relationship changes across market environments.

BATT.L vs. IISU.L - Sectors Allocation Comparison

Sectors	BATT.L	IISU.L
Basic Materials	36.9%	0.2%
Industrials	33.3%	90.4%
Consumer Cyclical	15.0%	0.5%
Technology	11.8%	3.8%
Utilities	3.0%	4.9%
Communication Services	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Healthcare	-	-
Real Estate	-	-

Return for Risk

BATT.L vs. IISU.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BATT.L

BATT.L Risk / Return Rank: 95
BATT.L Sharpe Ratio Rank: 96
BATT.L Sortino Ratio Rank: 93
BATT.L Omega Ratio Rank: 92
BATT.L Calmar Ratio Rank: 96
BATT.L Martin Ratio Rank: 95

IISU.L

IISU.L Risk / Return Rank: 53
IISU.L Sharpe Ratio Rank: 54
IISU.L Sortino Ratio Rank: 55
IISU.L Omega Ratio Rank: 51
IISU.L Calmar Ratio Rank: 53
IISU.L Martin Ratio Rank: 49

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BATT.L vs. IISU.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for L&G Battery Value-Chain UCITS ETF (BATT.L) and iShares S&P 500 Industrials Sector UCITS ETF USD (Acc) (IISU.L). 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.

	BATT.L	IISU.L	Difference
Sharpe ratio: Return per unit of total volatility	4.24	1.64	+2.60
Sortino ratio: Return per unit of downside risk	4.61	2.53	+2.08
Omega ratio: Gain probability vs. loss probability	1.62	1.28	+0.33
Calmar ratio: Return relative to maximum drawdown	8.95	2.12	+6.83
Martin ratio: Return relative to average drawdown	30.19	8.33	+21.86
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BATT.L vs. IISU.L - Sharpe Ratio Comparison

The current BATT.L Sharpe Ratio is 4.24, which is higher than the IISU.L Sharpe Ratio of 1.64. The chart below compares the historical Sharpe Ratios of BATT.L and IISU.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BATT.L	IISU.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.24	1.64	+2.60
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.63	0.71	-0.08
Sharpe Ratio (All Time) Calculated using the full available price history	0.71	0.65	+0.06

Drawdowns

BATT.L vs. IISU.L - Drawdown Comparison

The maximum BATT.L drawdown since its inception was -39.70%, smaller than the maximum IISU.L drawdown of -41.81%. Use the drawdown chart below to compare losses from any high point for BATT.L and IISU.L.

Drawdown Indicators

	BATT.L	IISU.L	Difference
Max Drawdown Largest peak-to-trough decline	-39.70%	-41.81%	+2.11%
Max Drawdown (1Y) Largest decline over 1 year	-14.23%	-10.84%	-3.39%
Max Drawdown (3Y) Largest decline over 3 years	-33.90%	-19.93%	-13.97%
Max Drawdown (5Y) Largest decline over 5 years	-33.90%	-21.88%	-12.02%
Current Drawdown Current decline from peak	-5.46%	-1.21%	-4.25%
Average Drawdown Average peak-to-trough decline	-12.01%	-5.12%	-6.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.23%	2.77%	+1.46%

Volatility

BATT.L vs. IISU.L - Volatility Comparison

L&G Battery Value-Chain UCITS ETF (BATT.L) has a higher volatility of 11.35% compared to iShares S&P 500 Industrials Sector UCITS ETF USD (Acc) (IISU.L) at 4.63%. This indicates that BATT.L's price experiences larger fluctuations and is considered to be riskier than IISU.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BATT.L	IISU.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.35%	4.63%	+6.72%
Volatility (6M) Calculated over the trailing 6-month period	23.92%	11.28%	+12.64%
Volatility (1Y) Calculated over the trailing 1-year period	30.01%	14.03%	+15.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.51%	17.06%	+8.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.15%	19.59%	+5.56%

BATT.L vs. IISU.L - Expense Ratio Comparison

BATT.L has a 0.49% expense ratio, which is higher than IISU.L's 0.15% expense ratio.

Dividends

BATT.L vs. IISU.L - Dividend Comparison

Neither BATT.L nor IISU.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both BATT.L and IISU.L in my portfolio?

BATT.L and IISU.L have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BATT.L or IISU.L?

On fees, IISU.L is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BATT.L or IISU.L?

IISU.L is cheaper with a 0.15% expense ratio, compared with 0.49% for BATT.L.

What is the main difference between BATT.L and IISU.L?

BATT.L is categorized as Alternative Energy Equities, while IISU.L is Industrials Equities. BATT.L tracks Solactive Battery Value-Chain Index, while IISU.L tracks S&P 500 Capped 35/20 Industrials Index. They also come from different issuers: Legal & General and iShares. Their fees differ too: 0.49% for BATT.L and 0.15% for IISU.L.