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HDLG.L vs. IITU.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

HDLG.L vs. IITU.L

Last updated Jun 5, 2026

HDLG.L (Invesco S&P 500 High Dividend Low Volatility UCITS ETF) and IITU.L (iShares S&P 500 Information Technology Sector UCITS ETF USD (Acc)) are both exchange-traded funds - HDLG.L is a S&P 500 fund tracking the S&P 500 Low Volatility High Dividend Index, 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 10 years, HDLG.L returned 7.28%/yr vs 27.26%/yr for IITU.L. At a 0.38 correlation, their price movements are largely independent. HDLG.L charges 0.30%/yr vs 0.15%/yr for IITU.L.

Performance

HDLG.L vs. IITU.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Invesco S&P 500 High Dividend Low Volatility UCITS ETF (HDLG.L) and iShares S&P 500 Information Technology Sector UCITS ETF USD (Acc) (IITU.L). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, HDLG.L achieves a 4.61% return, which is significantly lower than IITU.L's 23.25% return. Over the past 10 years, HDLG.L has underperformed IITU.L with an annualized return of 7.28%, while IITU.L has yielded a comparatively higher 27.26% annualized return.

HDLG.L

1D
0.11%
1M
0.95%
YTD
4.61%
6M
4.86%
1Y
9.65%
3Y*
8.12%
5Y*
6.17%
10Y*
7.28%

IITU.L

1D
-2.08%
1M
14.24%
YTD
23.25%
6M
22.00%
1Y
53.38%
3Y*
30.94%
5Y*
25.50%
10Y*
27.26%
*Multi-year figures are annualized to reflect compound growth (CAGR)

HDLG.L vs. IITU.L - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
HDLG.L
Invesco S&P 500 High Dividend Low Volatility UCITS ETF		4.61%-3.57%18.46%-4.52%12.44%26.47%-13.89%15.07%-1.67%1.44%
IITU.L
iShares S&P 500 Information Technology Sector UCITS ETF USD (Acc)		23.25%14.44%40.85%50.70%-20.63%35.67%38.34%44.21%4.28%25.57%

Correlation

The correlation between HDLG.L and IITU.L is -0.24, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

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

-0.24

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

-0.04

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

0.15

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

0.35

Correlation (All Time)
Calculated using the full available price history since Nov 24, 2015

0.38

The correlation between HDLG.L and IITU.L shifts across timeframes, from -0.24 (1 year) to 0.38 (all time), reflecting how their relationship changes across market environments.

HDLG.L vs. IITU.L - Sectors Allocation Comparison

Sectors
HDLG.L
IITU.L

Real Estate

21.3%

-

Consumer Defensive

18.4%

-

Financial Services

15.9%

-

Utilities

13.8%

-

Energy

12.0%
0.1%

Communication Services

8.5%

-

Healthcare

5.0%

-

Consumer Cyclical

3.5%

-

Technology

1.5%
99.6%

Industrials

0.0%
0.0%

Basic Materials

0.0%

-

Real Estate

HDLG.L
21.3%
IITU.L

-

Consumer Defensive

HDLG.L
18.4%
IITU.L

-

Financial Services

HDLG.L
15.9%
IITU.L

-

Utilities

HDLG.L
13.8%
IITU.L

-

Energy

HDLG.L
12.0%
IITU.L
0.1%

Communication Services

HDLG.L
8.5%
IITU.L

-

Healthcare

HDLG.L
5.0%
IITU.L

-

Consumer Cyclical

HDLG.L
3.5%
IITU.L

-

Technology

HDLG.L
1.5%
IITU.L
99.6%

Industrials

HDLG.L
0.0%
IITU.L
0.0%

Basic Materials

HDLG.L
0.0%
IITU.L

-

Compare stocks, funds, or ETFs

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Invesco S&P 500 High Dividend Low Volatility UCITS ETF

iShares S&P 500 Information Technology Sector UCITS ETF USD (Acc)

Often compared with HDLG.L:
HDLG.L vs. VHYL.ASHDLG.L vs. D5BM.DEHDLG.L vs. USDV.LHDLG.L vs. VUSA.LHDLG.L vs. SCHDHDLG.L vs. XNAQ.LHDLG.L vs. SPY
Often compared with IITU.L:
IITU.L vs. VGTIITU.L vs. CNX1.LIITU.L vs. VUAG.LIITU.L vs. XLKIITU.L vs. SMGB.LIITU.L vs. XLKQ.LIITU.L vs. QQQ

Return for Risk

HDLG.L vs. IITU.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
HDLG.L
HDLG.L Risk / Return Rank: 2626
Overall Rank
HDLG.L Sharpe Ratio Rank: 2626
Sharpe Ratio Rank
HDLG.L Sortino Ratio Rank: 2626
Sortino Ratio Rank
HDLG.L Omega Ratio Rank: 2323
Omega Ratio Rank
HDLG.L Calmar Ratio Rank: 2929
Calmar Ratio Rank
HDLG.L Martin Ratio Rank: 2626
Martin Ratio Rank
IITU.L
IITU.L Risk / Return Rank: 7070
Overall Rank
IITU.L Sharpe Ratio Rank: 8484
Sharpe Ratio Rank
IITU.L Sortino Ratio Rank: 7878
Sortino Ratio Rank
IITU.L Omega Ratio Rank: 7676
Omega Ratio Rank
IITU.L Calmar Ratio Rank: 6565
Calmar Ratio Rank
IITU.L Martin Ratio Rank: 4949
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.

HDLG.L vs. IITU.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 High Dividend Low Volatility UCITS ETF (HDLG.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.

HDLG.LIITU.LDifference
Sharpe ratioReturn per unit of total volatility
0.91
2.71

-1.80

Sortino ratioReturn per unit of downside risk
1.37
3.46

-2.09

Omega ratioGain probability vs. loss probability

1.15

1.44

-0.29

Calmar ratioReturn relative to maximum drawdown

1.39

3.17

-1.78

Martin ratioReturn relative to average drawdown

3.55

8.17

-4.62

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

HDLG.L vs. IITU.L - Sharpe Ratio Comparison

The current HDLG.L Sharpe Ratio is 0.91, which is lower than the IITU.L Sharpe Ratio of 2.71. The chart below compares the historical Sharpe Ratios of HDLG.L and IITU.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.

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Sharpe Ratios by Period

HDLG.LIITU.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.91

2.71

-1.80

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.48

1.16

-0.69

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.46

1.28

-0.81

Sharpe Ratio (All Time)

Calculated using the full available price history

0.58

1.23

-0.65

Drawdowns

HDLG.L vs. IITU.L - Drawdown Comparison

The maximum HDLG.L drawdown since its inception was -33.75%, which is greater than IITU.L's maximum drawdown of -28.03%. Use the drawdown chart below to compare losses from any high point for HDLG.L and IITU.L.

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Drawdown Indicators

HDLG.LIITU.LDifference

Max Drawdown

Largest peak-to-trough decline

-33.75%

-28.03%

-5.72%

Max Drawdown (1Y)

Largest decline over 1 year

-6.92%

-16.76%

+9.84%

Max Drawdown (3Y)

Largest decline over 3 years

-15.61%

-28.03%

+12.42%

Max Drawdown (5Y)

Largest decline over 5 years

-17.84%

-28.03%

+10.19%

Max Drawdown (10Y)

Largest decline over 10 years

-33.75%

-28.03%

-5.72%

Current Drawdown

Current decline from peak

-4.90%

-2.89%

-2.01%

Average Drawdown

Average peak-to-trough decline

-6.30%

-5.14%

-1.16%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.71%

6.51%

-3.80%

Volatility

HDLG.L vs. IITU.L - Volatility Comparison

The current volatility for Invesco S&P 500 High Dividend Low Volatility UCITS ETF (HDLG.L) is 2.93%, while iShares S&P 500 Information Technology Sector UCITS ETF USD (Acc) (IITU.L) has a volatility of 7.01%. This indicates that HDLG.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

HDLG.LIITU.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.93%

7.01%

-4.08%

Volatility (6M)

Calculated over the trailing 6-month period

8.26%

14.45%

-6.19%

Volatility (1Y)

Calculated over the trailing 1-year period

10.53%

19.60%

-9.07%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

12.96%

21.94%

-8.98%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.66%

21.31%

-5.65%

HDLG.L vs. IITU.L - Expense Ratio Comparison

HDLG.L has a 0.30% expense ratio, which is higher than IITU.L's 0.15% expense ratio.

Dividends

HDLG.L vs. IITU.L - Dividend Comparison

HDLG.L's dividend yield for the trailing twelve months is around 3.73%, while IITU.L has not paid dividends to shareholders.

PositionTTM20252024202320222021202020192018201720162015
HDLG.L
Invesco S&P 500 High Dividend Low Volatility UCITS ETF		3.73%3.93%3.46%4.12%3.49%3.30%4.65%3.77%3.67%3.18%2.88%1.86%
IITU.L
iShares S&P 500 Information Technology Sector UCITS ETF USD (Acc)		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

HDLG.L and IITU.L have a correlation of -0.24, 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 0.30% for HDLG.L.

HDLG.L is categorized as S&P 500, while IITU.L is Technology Equities. HDLG.L tracks S&P 500 Low Volatility High Dividend Index, while IITU.L tracks S&P 500 Capped 35/20 Information Technology Index. They also come from different issuers: Invesco and iShares. Their fees differ too: 0.30% for HDLG.L and 0.15% for IITU.L.

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