CE01.L vs. IITU.L
CE01.L (iShares Euro Government Bond 7-10yr UCITS ETF (Acc)) and IITU.L (iShares S&P 500 Information Technology Sector UCITS ETF USD (Acc)) are both exchange-traded funds - CE01.L is a European Government Bonds fund tracking the Bloomberg Euro Agg Govt TR EUR, while IITU.L is a Technology Equities fund tracking the S&P 500 Capped 35/20 Information Technology Index. Both are passively managed. Over the past 10 years, CE01.L returned 0.80%/yr vs 27.26%/yr for IITU.L. At a 0.10 correlation, their price movements are largely independent. Both charge a 0.15% expense ratio.
Performance
CE01.L vs. IITU.L - Performance Comparison
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Returns By Period
In the year-to-date period, CE01.L achieves a -0.91% return, which is significantly lower than IITU.L's 23.25% return. Over the past 10 years, CE01.L has underperformed IITU.L with an annualized return of 0.80%, while IITU.L has yielded a comparatively higher 27.26% annualized return.
CE01.L
- 1D
- 0.23%
- 1M
- 0.98%
- YTD
- -0.91%
- 6M
- -0.95%
- 1Y
- 2.93%
- 3Y*
- 2.70%
- 5Y*
- -2.20%
- 10Y*
- 0.80%
IITU.L
- 1D
- -2.08%
- 1M
- 14.24%
- YTD
- 23.25%
- 6M
- 22.00%
- 1Y
- 53.38%
- 3Y*
- 30.94%
- 5Y*
- 25.50%
- 10Y*
- 27.26%
CE01.L vs. IITU.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CE01.L iShares Euro Government Bond 7-10yr UCITS ETF (Acc) | -0.91% | 6.87% | -3.53% | 6.60% | -15.38% | -9.55% | 10.06% | 1.33% | 2.06% | 4.55% |
IITU.L iShares S&P 500 Information Technology Sector UCITS ETF USD (Acc) | 23.25% | 14.44% | 40.85% | 50.70% | -20.63% | 35.67% | 38.34% | 44.21% | 4.28% | 25.57% |
Correlation
The correlation between CE01.L and IITU.L is 0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.00 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.02 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.10 |
Correlation (All Time) Calculated using the full available price history since Nov 24, 2015 | 0.10 |
The correlation between CE01.L and IITU.L shifts across timeframes, from 0.00 (3 years) to 0.10 (10 years), reflecting how their relationship changes across market environments.
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Return for Risk
CE01.L vs. IITU.L — Risk / Return Rank
CE01.L
IITU.L
CE01.L vs. IITU.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Euro Government Bond 7-10yr UCITS ETF (Acc) (CE01.L) and iShares S&P 500 Information Technology Sector UCITS ETF USD (Acc) (IITU.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.
| CE01.L | IITU.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.21 | ||
| Sortino ratioReturn per unit of downside risk | -2.72 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.44 | -0.36 |
| Calmar ratioReturn relative to maximum drawdown | 0.55 | 3.17 | -2.62 |
| Martin ratioReturn relative to average drawdown | 1.30 | 8.17 | -6.88 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| CE01.L | IITU.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.50 | 2.71 | -2.21 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.27 | 1.16 | -1.43 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.09 | 1.28 | -1.19 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.18 | 1.23 | -1.05 |
Drawdowns
CE01.L vs. IITU.L - Drawdown Comparison
The maximum CE01.L drawdown since its inception was -27.47%, roughly equal to the maximum IITU.L drawdown of -28.03%. Use the drawdown chart below to compare losses from any high point for CE01.L and IITU.L.
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Drawdown Indicators
| CE01.L | IITU.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.47% | -28.03% | +0.56% |
Max Drawdown (1Y)Largest decline over 1 year | -5.33% | -16.76% | +11.43% |
Max Drawdown (3Y)Largest decline over 3 years | -6.85% | -28.03% | +21.18% |
Max Drawdown (5Y)Largest decline over 5 years | -22.14% | -28.03% | +5.89% |
Max Drawdown (10Y)Largest decline over 10 years | -27.47% | -28.03% | +0.56% |
Current DrawdownCurrent decline from peak | -18.53% | -2.89% | -15.64% |
Average DrawdownAverage peak-to-trough decline | -10.31% | -5.14% | -5.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.25% | 6.51% | -4.26% |
Volatility
CE01.L vs. IITU.L - Volatility Comparison
The current volatility for iShares Euro Government Bond 7-10yr UCITS ETF (Acc) (CE01.L) is 1.98%, while iShares S&P 500 Information Technology Sector UCITS ETF USD (Acc) (IITU.L) has a volatility of 7.01%. This indicates that CE01.L experiences smaller price fluctuations and is considered to be less risky than IITU.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CE01.L | IITU.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.98% | 7.01% | -5.03% |
Volatility (6M)Calculated over the trailing 6-month period | 4.61% | 14.45% | -9.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.88% | 19.60% | -13.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.21% | 21.94% | -13.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.83% | 21.31% | -12.48% |
CE01.L vs. IITU.L - Expense Ratio Comparison
Both CE01.L and IITU.L have an expense ratio of 0.15%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
CE01.L vs. IITU.L - Dividend Comparison
Neither CE01.L nor IITU.L has paid dividends to shareholders.
Frequently Asked Questions
CE01.L and IITU.L have a correlation of 0.07, 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 0.15% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
CE01.L and IITU.L have the same expense ratio: 0.15% per year.
CE01.L is categorized as European Government Bonds, while IITU.L is Technology Equities. CE01.L tracks Bloomberg Euro Agg Govt TR EUR, while IITU.L tracks S&P 500 Capped 35/20 Information Technology Index.
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