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FLTR.L vs. IYW
Performance
Return for Risk
Drawdowns
Volatility
Dividends

FLTR.L vs. IYW

Last updated Jun 5, 2026

FLTR.L (Flutter Entertainment plc) is a stock, while IYW (iShares U.S. Technology ETF) is Technology Equities fund tracking the Russell 1000 Technology RIC 22.5/45 Capped Index. Over the past 10 years, FLTR.L returned -0.79%/yr vs 26.94%/yr for IYW. At a 0.20 correlation, their price movements are largely independent.

Performance

FLTR.L vs. IYW - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Flutter Entertainment plc (FLTR.L) and iShares U.S. Technology ETF (IYW). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

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

Returns By Period

In the year-to-date period, FLTR.L achieves a -52.39% return, which is significantly lower than IYW's 28.98% return. Over the past 10 years, FLTR.L has underperformed IYW with an annualized return of -0.79%, while IYW has yielded a comparatively higher 26.94% annualized return.

FLTR.L

1D
2.02%
1M
0.18%
YTD
-52.39%
6M
-50.56%
1Y
-57.50%
3Y*
-21.36%
5Y*
-10.41%
10Y*
-0.79%

IYW

1D
-0.44%
1M
14.92%
YTD
28.98%
6M
26.34%
1Y
59.78%
3Y*
31.78%
5Y*
24.08%
10Y*
26.94%
*Multi-year figures are annualized to reflect compound growth (CAGR)

FLTR.L vs. IYW - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
FLTR.L
Flutter Entertainment plc		-52.39%-22.15%48.64%23.47%-4.00%-22.17%69.57%48.79%-25.40%2.87%
IYW
iShares U.S. Technology ETF		28.98%16.45%32.52%57.17%-27.08%36.72%43.12%41.07%4.94%24.79%

Correlation

The correlation between FLTR.L and IYW is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.18

Correlation (3Y)
Calculated over the trailing 3-year period

0.20

Correlation (5Y)
Calculated over the trailing 5-year period

0.23

Correlation (10Y)
Calculated over the trailing 10-year period

0.19

Correlation (All Time)
Calculated using the full available price history since Jul 3, 2007

0.20

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Flutter Entertainment plc

iShares U.S. Technology ETF

Often compared with FLTR.L:
FLTR.L vs. DKNGFLTR.L vs. PENNFLTR.L vs. VOOFLTR.L vs. SPYFLTR.L vs. LLYFLTR.L vs. MGMFLTR.L vs. FSPGX
Often compared with IYW:
IYW vs. VGTIYW vs. QQQIYW vs. XLKIYW vs. IGMIYW vs. SMHIYW vs. IWFIYW vs. SOXX

Return for Risk

FLTR.L vs. IYW — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
FLTR.L
FLTR.L Risk / Return Rank: 55
Overall Rank
FLTR.L Sharpe Ratio Rank: 11
Sharpe Ratio Rank
FLTR.L Sortino Ratio Rank: 22
Sortino Ratio Rank
FLTR.L Omega Ratio Rank: 22
Omega Ratio Rank
FLTR.L Calmar Ratio Rank: 1010
Calmar Ratio Rank
FLTR.L Martin Ratio Rank: 99
Martin Ratio Rank
IYW
IYW Risk / Return Rank: 7676
Overall Rank
IYW Sharpe Ratio Rank: 8888
Sharpe Ratio Rank
IYW Sortino Ratio Rank: 8282
Sortino Ratio Rank
IYW Omega Ratio Rank: 8080
Omega Ratio Rank
IYW Calmar Ratio Rank: 6767
Calmar Ratio Rank
IYW Martin Ratio Rank: 6161
Martin Ratio Rank
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.

FLTR.L vs. IYW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Flutter Entertainment plc (FLTR.L) and iShares U.S. Technology ETF (IYW). 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.

FLTR.LIYWDifference
Sharpe ratioReturn per unit of total volatility
-1.39
3.11

-4.50

Sortino ratioReturn per unit of downside risk
-2.13
3.81

-5.94

Omega ratioGain probability vs. loss probability

0.71

1.51

-0.80

Calmar ratioReturn relative to maximum drawdown

-0.82

3.39

-4.21

Martin ratioReturn relative to average drawdown

-1.39

9.51

-10.90

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FLTR.L vs. IYW - Sharpe Ratio Comparison

The current FLTR.L Sharpe Ratio is -1.39, which is lower than the IYW Sharpe Ratio of 3.11. The chart below compares the historical Sharpe Ratios of FLTR.L and IYW, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

FLTR.LIYWDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-1.39

3.11

-4.50

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.28

0.99

-1.26

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

-0.02

1.08

-1.11

Sharpe Ratio (All Time)

Calculated using the full available price history

0.60

0.83

-0.23

Drawdowns

FLTR.L vs. IYW - Drawdown Comparison

The maximum FLTR.L drawdown since its inception was -70.59%, which is greater than IYW's maximum drawdown of -36.55%. Use the drawdown chart below to compare losses from any high point for FLTR.L and IYW.

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Drawdown Indicators

FLTR.LIYWDifference

Max Drawdown

Largest peak-to-trough decline

-70.59%

-36.55%

-34.04%

Max Drawdown (1Y)

Largest decline over 1 year

-69.91%

-17.74%

-52.17%

Max Drawdown (3Y)

Largest decline over 3 years

-70.59%

-29.03%

-41.56%

Max Drawdown (5Y)

Largest decline over 5 years

-70.59%

-30.91%

-39.68%

Max Drawdown (10Y)

Largest decline over 10 years

-70.59%

-30.91%

-39.68%

Current Drawdown

Current decline from peak

-67.50%

-1.00%

-66.50%

Average Drawdown

Average peak-to-trough decline

-15.05%

-6.35%

-8.70%

Ulcer Index

Depth and duration of drawdowns from previous peaks

41.48%

6.30%

+35.18%

Volatility

FLTR.L vs. IYW - Volatility Comparison

Flutter Entertainment plc (FLTR.L) has a higher volatility of 12.50% compared to iShares U.S. Technology ETF (IYW) at 5.72%. This indicates that FLTR.L's price experiences larger fluctuations and is considered to be riskier than IYW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

FLTR.LIYWDifference

Volatility (1M)

Calculated over the trailing 1-month period

12.50%

5.72%

+6.78%

Volatility (6M)

Calculated over the trailing 6-month period

32.91%

14.55%

+18.36%

Volatility (1Y)

Calculated over the trailing 1-year period

41.25%

19.30%

+21.95%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

37.60%

24.55%

+13.05%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

35.56%

24.94%

+10.62%

Dividends

FLTR.L vs. IYW - Dividend Comparison

FLTR.L has not paid dividends to shareholders, while IYW's dividend yield for the trailing twelve months is around 0.11%.

PositionTTM20252024202320222021202020192018201720162015
FLTR.L
Flutter Entertainment plc		0.00%0.00%0.00%0.00%0.00%0.00%0.89%2.17%3.16%2.02%1.82%1.65%
IYW
iShares U.S. Technology ETF		0.11%0.14%0.21%0.34%0.50%0.31%0.56%0.72%0.92%0.82%1.14%1.12%

Frequently Asked Questions

FLTR.L and IYW have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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