IAIX.L vs. IITU.L
IAIX.L (Invesco Artificial Intelligence Enablers UCITS ETF Acc) and IITU.L (iShares S&P 500 Information Technology Sector UCITS ETF USD (Acc)) are both Technology Equities funds - IAIX.L tracks the S&P Kensho Global AI Enablers Screened Index while IITU.L tracks the S&P 500 Capped 35/20 Information Technology Index. Both are passively managed. Over the past year, IAIX.L returned 83.72% vs 56.89% for IITU.L. Their correlation of 0.81 suggests significant overlap in exposure. IAIX.L charges 0.35%/yr vs 0.15%/yr for IITU.L.
Performance
IAIX.L vs. IITU.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IAIX.L achieves a 39.63% return, which is significantly higher than IITU.L's 25.87% return.
IAIX.L
- 1D
- -2.64%
- 1M
- 28.26%
- YTD
- 39.63%
- 6M
- 38.14%
- 1Y
- 83.72%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IITU.L
- 1D
- -0.83%
- 1M
- 18.53%
- YTD
- 25.87%
- 6M
- 24.64%
- 1Y
- 56.89%
- 3Y*
- 32.15%
- 5Y*
- 26.03%
- 10Y*
- 27.67%
IAIX.L vs. IITU.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
IAIX.L Invesco Artificial Intelligence Enablers UCITS ETF Acc | 39.63% | 20.04% | 20.41% |
IITU.L iShares S&P 500 Information Technology Sector UCITS ETF USD (Acc) | 25.87% | 14.44% | 9.79% |
Correlation
The correlation between IAIX.L and IITU.L is 0.80, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.80 |
Correlation (All Time) Calculated using the full available price history since Nov 6, 2024 | 0.81 |
The correlation between IAIX.L and IITU.L has been stable across timeframes, ranging from 0.80 to 0.81 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IAIX.L vs. IITU.L — Risk / Return Rank
IAIX.L
IITU.L
IAIX.L vs. IITU.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Artificial Intelligence Enablers UCITS ETF Acc (IAIX.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.
| IAIX.L | IITU.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.26 | ||
| Sortino ratioReturn per unit of downside risk | +0.19 | ||
| Omega ratioGain probability vs. loss probability | 1.48 | 1.48 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 5.41 | 3.38 | +2.03 |
| Martin ratioReturn relative to average drawdown | 13.80 | 8.71 | +5.09 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| IAIX.L | IITU.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.17 | 2.91 | +0.26 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 1.19 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 1.30 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.91 | 1.24 | +0.67 |
Drawdowns
IAIX.L vs. IITU.L - Drawdown Comparison
The maximum IAIX.L drawdown since its inception was -31.60%, 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 IAIX.L and IITU.L.
Loading charts...
Drawdown Indicators
| IAIX.L | IITU.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.60% | -28.03% | -3.57% |
Max Drawdown (1Y)Largest decline over 1 year | -15.39% | -16.76% | +1.37% |
Max Drawdown (3Y)Largest decline over 3 years | — | -28.03% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -28.03% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -28.03% | — |
Current DrawdownCurrent decline from peak | -2.64% | -0.83% | -1.81% |
Average DrawdownAverage peak-to-trough decline | -7.32% | -5.14% | -2.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.05% | 6.51% | -0.46% |
Volatility
IAIX.L vs. IITU.L - Volatility Comparison
Invesco Artificial Intelligence Enablers UCITS ETF Acc (IAIX.L) has a higher volatility of 11.52% compared to iShares S&P 500 Information Technology Sector UCITS ETF USD (Acc) (IITU.L) at 6.45%. This indicates that IAIX.L's price experiences larger fluctuations and is considered to be riskier than IITU.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IAIX.L | IITU.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.52% | 6.45% | +5.07% |
Volatility (6M)Calculated over the trailing 6-month period | 19.19% | 14.27% | +4.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.36% | 19.57% | +6.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.58% | 21.93% | +7.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.58% | 21.31% | +8.27% |
IAIX.L vs. IITU.L - Expense Ratio Comparison
IAIX.L has a 0.35% expense ratio, which is higher than IITU.L's 0.15% expense ratio.
Dividends
IAIX.L vs. IITU.L - Dividend Comparison
Neither IAIX.L nor IITU.L has paid dividends to shareholders.
Frequently Asked Questions
IAIX.L and IITU.L have a correlation of 0.80, 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 0.35% for IAIX.L.
IAIX.L tracks S&P Kensho Global AI Enablers Screened 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: 0.35% for IAIX.L and 0.15% for IITU.L.
Find the right allocation for IAIX.L and IITU.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer