EMQQ.L vs. ITEP.L

Last updated Jun 5, 2026

EMQQ.L (EMQQ Emerging Markets Internet & Ecommerce UCITS ETF - Accumulating) and ITEP.L (HAN-GINS Tech Megatrend Equal Weight UCITS ETF - Accumulating) are both Technology Equities funds from HANetf tracking the MSCI World/Information Tech NR USD. Both are passively managed. Over the past 5 years, EMQQ.L returned -11.57%/yr vs 6.54%/yr for ITEP.L. A 0.62 correlation means they provide meaningful diversification when combined. EMQQ.L charges 0.86%/yr vs 0.59%/yr for ITEP.L.

Performance

EMQQ.L vs. ITEP.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in EMQQ Emerging Markets Internet & Ecommerce UCITS ETF - Accumulating (EMQQ.L) and HAN-GINS Tech Megatrend Equal Weight UCITS ETF - Accumulating (ITEP.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

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

Returns By Period

In the year-to-date period, EMQQ.L achieves a -18.98% return, which is significantly lower than ITEP.L's 24.29% return.

EMQQ.L

• 1D: -3.07%
• 1M: -4.41%
• YTD: -18.98%
• 6M: -20.64%
• 1Y: -17.05%
• 3Y*: 4.80%
• 5Y*: -11.57%
• 10Y*: —

ITEP.L

• 1D: 0.39%
• 1M: 14.24%
• YTD: 24.29%
• 6M: 20.67%
• 1Y: 44.39%
• 3Y*: 25.11%
• 5Y*: 6.54%
• 10Y*: —

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

EMQQ.L vs. ITEP.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
EMQQ.L EMQQ Emerging Markets Internet & Ecommerce UCITS ETF - Accumulating	-18.98%	18.91%	13.12%	4.40%	-31.74%	-32.94%	82.79%	30.21%	-6.92%
ITEP.L HAN-GINS Tech Megatrend Equal Weight UCITS ETF - Accumulating	24.29%	18.78%	12.32%	50.77%	-45.59%	8.12%	62.07%	34.19%	-8.55%

Correlation

The correlation between EMQQ.L and ITEP.L is 0.60, 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	0.60
Correlation (3Y) Calculated over the trailing 3-year period	0.60
Correlation (5Y) Calculated over the trailing 5-year period	0.66
Correlation (All Time) Calculated using the full available price history since Nov 6, 2018	0.62

The correlation between EMQQ.L and ITEP.L has been stable across timeframes, ranging from 0.60 to 0.66 - a consistent structural relationship.

EMQQ.L vs. ITEP.L - Sectors Allocation Comparison

Sectors	EMQQ.L	ITEP.L
Consumer Cyclical	51.9%	7.8%
Communication Services	20.2%	14.8%
Financial Services	19.4%	8.6%
Technology	6.7%	45.1%
Real Estate	0.9%	-
Healthcare	0.9%	7.8%
Basic Materials	-	1.0%
Consumer Defensive	-	-
Energy	-	-
Industrials	-	14.9%
Utilities	-	-

Return for Risk

EMQQ.L vs. ITEP.L — Risk / Return Rank

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

EMQQ.L

EMQQ.L Risk / Return Rank: 4
EMQQ.L Sharpe Ratio Rank: 3
EMQQ.L Sortino Ratio Rank: 3
EMQQ.L Omega Ratio Rank: 3
EMQQ.L Calmar Ratio Rank: 5
EMQQ.L Martin Ratio Rank: 4

ITEP.L

ITEP.L Risk / Return Rank: 50
ITEP.L Sharpe Ratio Rank: 61
ITEP.L Sortino Ratio Rank: 56
ITEP.L Omega Ratio Rank: 54
ITEP.L Calmar Ratio Rank: 44
ITEP.L Martin Ratio Rank: 33

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.

EMQQ.L vs. ITEP.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for EMQQ Emerging Markets Internet & Ecommerce UCITS ETF - Accumulating (EMQQ.L) and HAN-GINS Tech Megatrend Equal Weight UCITS ETF - Accumulating (ITEP.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.

	EMQQ.L	ITEP.L	Difference
Sharpe ratio: Return per unit of total volatility	-0.73	1.88	-2.61
Sortino ratio: Return per unit of downside risk	-0.97	2.53	-3.51
Omega ratio: Gain probability vs. loss probability	0.90	1.31	-0.41
Calmar ratio: Return relative to maximum drawdown	-0.51	2.02	-2.53
Martin ratio: Return relative to average drawdown	-1.01	5.06	-6.07
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EMQQ.L vs. ITEP.L - Sharpe Ratio Comparison

The current EMQQ.L Sharpe Ratio is -0.73, which is lower than the ITEP.L Sharpe Ratio of 1.88. The chart below compares the historical Sharpe Ratios of EMQQ.L and ITEP.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

	EMQQ.L	ITEP.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.73	1.88	-2.61
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.35	0.24	-0.59
Sharpe Ratio (All Time) Calculated using the full available price history	0.05	0.62	-0.57

Drawdowns

EMQQ.L vs. ITEP.L - Drawdown Comparison

The maximum EMQQ.L drawdown since its inception was -73.83%, which is greater than ITEP.L's maximum drawdown of -54.13%. Use the drawdown chart below to compare losses from any high point for EMQQ.L and ITEP.L.

Drawdown Indicators

	EMQQ.L	ITEP.L	Difference
Max Drawdown Largest peak-to-trough decline	-73.83%	-54.13%	-19.70%
Max Drawdown (1Y) Largest decline over 1 year	-30.49%	-21.82%	-8.67%
Max Drawdown (3Y) Largest decline over 3 years	-30.49%	-28.09%	-2.40%
Max Drawdown (5Y) Largest decline over 5 years	-66.44%	-53.39%	-13.05%
Current Drawdown Current decline from peak	-58.58%	-1.75%	-56.83%
Average Drawdown Average peak-to-trough decline	-38.27%	-21.55%	-16.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.29%	8.76%	+6.53%

Volatility

EMQQ.L vs. ITEP.L - Volatility Comparison

EMQQ Emerging Markets Internet & Ecommerce UCITS ETF - Accumulating (EMQQ.L) and HAN-GINS Tech Megatrend Equal Weight UCITS ETF - Accumulating (ITEP.L) have volatilities of 7.51% and 7.28%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EMQQ.L	ITEP.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.51%	7.28%	+0.23%
Volatility (6M) Calculated over the trailing 6-month period	16.80%	17.35%	-0.55%
Volatility (1Y) Calculated over the trailing 1-year period	21.04%	23.59%	-2.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.92%	27.00%	+5.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.41%	28.22%	+4.19%

EMQQ.L vs. ITEP.L - Expense Ratio Comparison

EMQQ.L has a 0.86% expense ratio, which is higher than ITEP.L's 0.59% expense ratio.

Dividends

EMQQ.L vs. ITEP.L - Dividend Comparison

Neither EMQQ.L nor ITEP.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both EMQQ.L and ITEP.L in my portfolio?

EMQQ.L and ITEP.L have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, EMQQ.L or ITEP.L?

On fees, ITEP.L is cheaper at 0.59% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EMQQ.L or ITEP.L?

ITEP.L is cheaper with a 0.59% expense ratio, compared with 0.86% for EMQQ.L.

What is the main difference between EMQQ.L and ITEP.L?

Both ETFs track MSCI World/Information Tech NR USD. Their fees differ too: 0.86% for EMQQ.L and 0.59% for ITEP.L.