EIRL vs. IUIT.L
Compare and contrast key facts about iShares MSCI Ireland ETF (EIRL) and iShares S&P 500 Information Technology Sector UCITS ETF (IUIT.L).
EIRL and IUIT.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EIRL is a passively managed fund by iShares that tracks the performance of the MSCI Ireland Investable Market 25/50 Index. It was launched on May 5, 2010. IUIT.L is a passively managed fund by iShares that tracks the performance of the S&P 500 Capped 35/20 Information Technology Index. It was launched on Nov 20, 2015. Both EIRL and IUIT.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EIRL or IUIT.L.
Key characteristics
| EIRL | IUIT.L | |
|---|---|---|
| YTD Return | 4.54% | 29.86% |
| 1Y Return | 16.29% | 45.91% |
| 3Y Return (Ann) | 4.02% | 15.25% |
| 5Y Return (Ann) | 8.90% | 24.92% |
| Sharpe Ratio | 1.14 | 2.20 |
| Sortino Ratio | 1.70 | 2.88 |
| Omega Ratio | 1.21 | 1.38 |
| Calmar Ratio | 1.64 | 3.07 |
| Martin Ratio | 5.67 | 10.27 |
| Ulcer Index | 3.35% | 4.38% |
| Daily Std Dev | 16.49% | 20.38% |
| Max Drawdown | -46.48% | -33.46% |
| Current Drawdown | -10.25% | -3.74% |
Correlation
The correlation between EIRL and IUIT.L is 0.39, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
EIRL vs. IUIT.L - Performance Comparison
In the year-to-date period, EIRL achieves a 4.54% return, which is significantly lower than IUIT.L's 29.86% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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EIRL vs. IUIT.L - Expense Ratio Comparison
EIRL has a 0.49% expense ratio, which is higher than IUIT.L's 0.15% expense ratio.
Risk-Adjusted Performance
EIRL vs. IUIT.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Ireland ETF (EIRL) and iShares S&P 500 Information Technology Sector UCITS ETF (IUIT.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.
Dividends
EIRL vs. IUIT.L - Dividend Comparison
EIRL's dividend yield for the trailing twelve months is around 1.55%, while IUIT.L has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EIRL iShares MSCI Ireland ETF | 1.55% | 1.00% | 1.13% | 0.82% | 0.50% | 2.11% | 1.52% | 1.44% | 1.34% | 1.70% | 2.26% | 1.65% |
IUIT.L iShares S&P 500 Information Technology Sector UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
EIRL vs. IUIT.L - Drawdown Comparison
The maximum EIRL drawdown since its inception was -46.48%, which is greater than IUIT.L's maximum drawdown of -33.46%. Use the drawdown chart below to compare losses from any high point for EIRL and IUIT.L. For additional features, visit the drawdowns tool.
Volatility
EIRL vs. IUIT.L - Volatility Comparison
The current volatility for iShares MSCI Ireland ETF (EIRL) is 4.91%, while iShares S&P 500 Information Technology Sector UCITS ETF (IUIT.L) has a volatility of 5.24%. This indicates that EIRL experiences smaller price fluctuations and is considered to be less risky than IUIT.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.