DGTL.L vs. AYEW.DE

Last updated Jun 5, 2026

DGTL.L (iShares Digitalisation UCITS Acc) and AYEW.DE (iShares MSCI World Information Technology Sector ESG UCITS ETF USD (Dist)) are both Technology Equities funds from iShares - DGTL.L tracks the MSCI World/Information Tech NR USD while AYEW.DE tracks the MSCI World Information Technology ESG Reduced Carbon Select 20 35 Capped. Both are passively managed. Over the past 5 years, DGTL.L returned 1.03%/yr vs 20.36%/yr for AYEW.DE. A 0.77 correlation means they provide meaningful diversification when combined. DGTL.L charges 0.40%/yr vs 0.18%/yr for AYEW.DE.

Performance

DGTL.L vs. AYEW.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Digitalisation UCITS Acc (DGTL.L) and iShares MSCI World Information Technology Sector ESG UCITS ETF USD (Dist) (AYEW.DE). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

DGTL.L is traded in USD, while AYEW.DE is traded in EUR. To make them comparable, the AYEW.DE values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, DGTL.L achieves a 1.73% return, which is significantly lower than AYEW.DE's 23.17% return.

DGTL.L

• 1D: 1.04%
• 1M: 7.87%
• YTD: 1.73%
• 6M: 1.73%
• 1Y: -0.27%
• 3Y*: 14.88%
• 5Y*: 1.03%
• 10Y*: —

AYEW.DE

• 1D: -1.55%
• 1M: 14.33%
• YTD: 23.17%
• 6M: 23.04%
• 1Y: 47.76%
• 3Y*: 31.48%
• 5Y*: 20.36%
• 10Y*: —

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

DGTL.L vs. AYEW.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
DGTL.L iShares Digitalisation UCITS Acc	1.73%	3.88%	23.09%	32.80%	-36.42%	0.64%	41.58%	5.76%
AYEW.DE iShares MSCI World Information Technology Sector ESG UCITS ETF USD (Dist)	23.17%	23.78%	26.08%	60.69%	-33.56%	30.70%	43.79%	12.74%

Correlation

The correlation between DGTL.L and AYEW.DE is 0.63, 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	0.63
Correlation (3Y) Calculated over the trailing 3-year period	0.68
Correlation (5Y) Calculated over the trailing 5-year period	0.75
Correlation (All Time) Calculated using the full available price history since Oct 23, 2019	0.77

The correlation between DGTL.L and AYEW.DE shifts across timeframes, from 0.63 (1 year) to 0.77 (all time), reflecting how their relationship changes across market environments.

Return for Risk

DGTL.L vs. AYEW.DE — Risk / Return Rank

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

DGTL.L

DGTL.L Risk / Return Rank: 9
DGTL.L Sharpe Ratio Rank: 9
DGTL.L Sortino Ratio Rank: 9
DGTL.L Omega Ratio Rank: 9
DGTL.L Calmar Ratio Rank: 9
DGTL.L Martin Ratio Rank: 9

AYEW.DE

AYEW.DE Risk / Return Rank: 61
AYEW.DE Sharpe Ratio Rank: 70
AYEW.DE Sortino Ratio Rank: 65
AYEW.DE Omega Ratio Rank: 62
AYEW.DE Calmar Ratio Rank: 62
AYEW.DE 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.

DGTL.L vs. AYEW.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Digitalisation UCITS Acc (DGTL.L) and iShares MSCI World Information Technology Sector ESG UCITS ETF USD (Dist) (AYEW.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.

	DGTL.L	AYEW.DE	Difference
Sharpe ratio: Return per unit of total volatility	-0.02	2.38	-2.40
Sortino ratio: Return per unit of downside risk	0.11	3.16	-3.05
Omega ratio: Gain probability vs. loss probability	1.01	1.38	-0.37
Calmar ratio: Return relative to maximum drawdown	-0.01	3.05	-3.06
Martin ratio: Return relative to average drawdown	-0.03	9.61	-9.63
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DGTL.L vs. AYEW.DE - Sharpe Ratio Comparison

The current DGTL.L Sharpe Ratio is -0.02, which is lower than the AYEW.DE Sharpe Ratio of 2.38. The chart below compares the historical Sharpe Ratios of DGTL.L and AYEW.DE, 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

	DGTL.L	AYEW.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.02	2.38	-2.40
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.05	0.85	-0.80
Sharpe Ratio (All Time) Calculated using the full available price history	0.44	1.01	-0.57

Drawdowns

DGTL.L vs. AYEW.DE - Drawdown Comparison

The maximum DGTL.L drawdown since its inception was -46.85%, which is greater than AYEW.DE's maximum drawdown of -39.13%. Use the drawdown chart below to compare losses from any high point for DGTL.L and AYEW.DE.

Drawdown Indicators

	DGTL.L	AYEW.DE	Difference
Max Drawdown Largest peak-to-trough decline	-46.85%	-39.13%	-7.72%
Max Drawdown (1Y) Largest decline over 1 year	-23.84%	-15.60%	-8.24%
Max Drawdown (3Y) Largest decline over 3 years	-23.84%	-25.47%	+1.63%
Max Drawdown (5Y) Largest decline over 5 years	-46.85%	-39.13%	-7.72%
Current Drawdown Current decline from peak	-6.57%	-2.28%	-4.29%
Average Drawdown Average peak-to-trough decline	-12.96%	-8.46%	-4.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.55%	4.96%	+5.59%

Volatility

DGTL.L vs. AYEW.DE - Volatility Comparison

The current volatility for iShares Digitalisation UCITS Acc (DGTL.L) is 5.79%, while iShares MSCI World Information Technology Sector ESG UCITS ETF USD (Dist) (AYEW.DE) has a volatility of 6.85%. This indicates that DGTL.L experiences smaller price fluctuations and is considered to be less risky than AYEW.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DGTL.L	AYEW.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.79%	6.85%	-1.06%
Volatility (6M) Calculated over the trailing 6-month period	14.30%	15.32%	-1.02%
Volatility (1Y) Calculated over the trailing 1-year period	17.78%	19.97%	-2.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.81%	23.70%	-1.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.87%	24.33%	-3.46%

DGTL.L vs. AYEW.DE - Expense Ratio Comparison

DGTL.L has a 0.40% expense ratio, which is higher than AYEW.DE's 0.18% expense ratio.

Dividends

DGTL.L vs. AYEW.DE - Dividend Comparison

DGTL.L has not paid dividends to shareholders, while AYEW.DE's dividend yield for the trailing twelve months is around 0.25%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
AYEW.DE iShares MSCI World Information Technology Sector ESG UCITS ETF USD (Dist)	0.25%	0.31%	0.38%	0.46%	0.82%	0.40%	0.65%	0.12%
DGTL.L iShares Digitalisation UCITS Acc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DGTL.L and AYEW.DE in my portfolio?

DGTL.L and AYEW.DE have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DGTL.L or AYEW.DE?

On fees, AYEW.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DGTL.L or AYEW.DE?

AYEW.DE is cheaper with a 0.18% expense ratio, compared with 0.40% for DGTL.L.

What is the main difference between DGTL.L and AYEW.DE?

DGTL.L tracks MSCI World/Information Tech NR USD, while AYEW.DE tracks MSCI World Information Technology ESG Reduced Carbon Select 20 35 Capped. Their fees differ too: 0.40% for DGTL.L and 0.18% for AYEW.DE.