EMSA.L vs. IITU.L
EMSA.L (iShares J.P. Morgan ESG USD EM Bond UCITS ETF USD (Acc)) and IITU.L (iShares S&P 500 Information Technology Sector UCITS ETF USD (Acc)) are both exchange-traded funds - EMSA.L is a Emerging Markets Bonds fund tracking the JPM EMBI Global Diversified TR USD, 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 5 years, EMSA.L returned 1.36%/yr vs 24.18%/yr for IITU.L. At a 0.42 correlation, their price movements are largely independent. EMSA.L charges 0.45%/yr vs 0.15%/yr for IITU.L.
Performance
EMSA.L vs. IITU.L - Performance Comparison
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Different Trading Currencies
EMSA.L is traded in USD, while IITU.L is traded in GBp. To make them comparable, the IITU.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, EMSA.L achieves a 1.61% return, which is significantly lower than IITU.L's 22.95% return.
EMSA.L
- 1D
- 0.20%
- 1M
- 1.06%
- YTD
- 1.61%
- 6M
- 2.19%
- 1Y
- 10.63%
- 3Y*
- 9.08%
- 5Y*
- 1.36%
- 10Y*
- —
IITU.L
- 1D
- -2.03%
- 1M
- 13.27%
- YTD
- 22.95%
- 6M
- 22.91%
- 1Y
- 51.92%
- 3Y*
- 34.31%
- 5Y*
- 24.18%
- 10Y*
- 26.34%
EMSA.L vs. IITU.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
EMSA.L iShares J.P. Morgan ESG USD EM Bond UCITS ETF USD (Acc) | 1.61% | 13.11% | 5.32% | 9.71% | -18.78% | -3.11% | 6.03% | 15.79% | -0.63% |
IITU.L iShares S&P 500 Information Technology Sector UCITS ETF USD (Acc) | 22.95% | 23.07% | 38.50% | 58.65% | -29.11% | 34.44% | 42.58% | 49.99% | -17.32% |
Correlation
The correlation between EMSA.L and IITU.L is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.37 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.31 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.39 |
Correlation (All Time) Calculated using the full available price history since Sep 27, 2018 | 0.42 |
The correlation between EMSA.L and IITU.L shifts across timeframes, from 0.31 (3 years) to 0.42 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
EMSA.L vs. IITU.L — Risk / Return Rank
EMSA.L
IITU.L
EMSA.L vs. IITU.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares J.P. Morgan ESG USD EM Bond UCITS ETF USD (Acc) (EMSA.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.
| EMSA.L | IITU.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.65 | ||
| Sortino ratioReturn per unit of downside risk | -0.36 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.41 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 2.47 | 3.07 | -0.61 |
| Martin ratioReturn relative to average drawdown | 10.09 | 9.27 | +0.82 |
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
| EMSA.L | IITU.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.93 | 2.58 | -0.65 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.16 | 1.04 | -0.88 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 1.20 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.33 | 1.14 | -0.81 |
Drawdowns
EMSA.L vs. IITU.L - Drawdown Comparison
The maximum EMSA.L drawdown since its inception was -29.12%, smaller than the maximum IITU.L drawdown of -34.22%. Use the drawdown chart below to compare losses from any high point for EMSA.L and IITU.L.
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Drawdown Indicators
| EMSA.L | IITU.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.12% | -34.22% | +5.10% |
Max Drawdown (1Y)Largest decline over 1 year | -4.29% | -16.80% | +12.51% |
Max Drawdown (3Y)Largest decline over 3 years | -7.28% | -26.42% | +19.14% |
Max Drawdown (5Y)Largest decline over 5 years | -28.91% | -34.22% | +5.31% |
Max Drawdown (10Y)Largest decline over 10 years | — | -34.22% | — |
Current DrawdownCurrent decline from peak | -0.22% | -3.20% | +2.98% |
Average DrawdownAverage peak-to-trough decline | -8.06% | -5.93% | -2.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.05% | 5.59% | -4.54% |
Volatility
EMSA.L vs. IITU.L - Volatility Comparison
The current volatility for iShares J.P. Morgan ESG USD EM Bond UCITS ETF USD (Acc) (EMSA.L) is 2.09%, while iShares S&P 500 Information Technology Sector UCITS ETF USD (Acc) (IITU.L) has a volatility of 7.00%. This indicates that EMSA.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
| EMSA.L | IITU.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.09% | 7.00% | -4.91% |
Volatility (6M)Calculated over the trailing 6-month period | 4.47% | 15.11% | -10.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.49% | 20.05% | -14.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.46% | 23.19% | -14.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.76% | 21.85% | -12.09% |
EMSA.L vs. IITU.L - Expense Ratio Comparison
EMSA.L has a 0.45% expense ratio, which is higher than IITU.L's 0.15% expense ratio.
Dividends
EMSA.L vs. IITU.L - Dividend Comparison
Neither EMSA.L nor IITU.L has paid dividends to shareholders.
Frequently Asked Questions
EMSA.L and IITU.L have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IITU.L is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IITU.L is cheaper with a 0.15% expense ratio, compared with 0.45% for EMSA.L.
EMSA.L is categorized as Emerging Markets Bonds, while IITU.L is Technology Equities. EMSA.L tracks JPM EMBI Global Diversified TR USD, while IITU.L tracks S&P 500 Capped 35/20 Information Technology Index. Their fees differ too: 0.45% for EMSA.L and 0.15% for IITU.L.
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