IBCX.L vs. IUIT.L
IBCX.L (iShares Euro Corporate Bond Large Cap UCITS ETF) and IUIT.L (iShares S&P 500 Information Technology Sector UCITS ETF) are both exchange-traded funds - IBCX.L is a European Corporate Bonds fund tracking the Bloomberg Euro Corp TR EUR, while IUIT.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, IBCX.L returned 0.73%/yr vs 26.05%/yr for IUIT.L. At a 0.18 correlation, their price movements are largely independent. IBCX.L charges 0.20%/yr vs 0.15%/yr for IUIT.L.
Performance
IBCX.L vs. IUIT.L - Performance Comparison
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Different Trading Currencies
IBCX.L is traded in EUR, while IUIT.L is traded in USD. To make them comparable, the IUIT.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, IBCX.L achieves a 0.49% return, which is significantly lower than IUIT.L's 24.44% return. Over the past 10 years, IBCX.L has underperformed IUIT.L with an annualized return of 0.73%, while IUIT.L has yielded a comparatively higher 26.05% annualized return.
IBCX.L
- 1D
- 0.06%
- 1M
- 0.76%
- YTD
- 0.49%
- 6M
- 0.44%
- 1Y
- 1.83%
- 3Y*
- 4.28%
- 5Y*
- -0.26%
- 10Y*
- 0.73%
IUIT.L
- 1D
- -2.25%
- 1M
- 13.89%
- YTD
- 24.44%
- 6M
- 23.08%
- 1Y
- 49.32%
- 3Y*
- 30.84%
- 5Y*
- 25.33%
- 10Y*
- 26.05%
IBCX.L vs. IUIT.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IBCX.L iShares Euro Corporate Bond Large Cap UCITS ETF | 0.49% | 3.14% | 3.48% | 7.33% | -13.95% | -1.48% | 2.83% | 6.04% | -1.28% | 1.60% |
IUIT.L iShares S&P 500 Information Technology Sector UCITS ETF | 24.44% | 8.34% | 47.65% | 54.67% | -24.76% | 44.12% | 31.35% | 52.26% | 3.21% | 20.98% |
Correlation
The correlation between IBCX.L and IUIT.L is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.17 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Dec 7, 2015 | 0.18 |
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Return for Risk
IBCX.L vs. IUIT.L — Risk / Return Rank
IBCX.L
IUIT.L
IBCX.L vs. IUIT.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Euro Corporate Bond Large Cap UCITS ETF (IBCX.L) and iShares S&P 500 Information Technology Sector UCITS ETF (IUIT.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.
| IBCX.L | IUIT.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.78 | ||
| Sortino ratioReturn per unit of downside risk | -2.21 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.39 | -0.28 |
| Calmar ratioReturn relative to maximum drawdown | 0.67 | 3.04 | -2.37 |
| Martin ratioReturn relative to average drawdown | 2.36 | 7.99 | -5.63 |
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
| IBCX.L | IUIT.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.58 | 2.36 | -1.78 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.05 | 1.08 | -1.14 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.15 | 1.18 | -1.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.29 | 1.11 | -0.82 |
Drawdowns
IBCX.L vs. IUIT.L - Drawdown Comparison
The maximum IBCX.L drawdown since its inception was -23.17%, smaller than the maximum IUIT.L drawdown of -31.38%. Use the drawdown chart below to compare losses from any high point for IBCX.L and IUIT.L.
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Drawdown Indicators
| IBCX.L | IUIT.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.17% | -31.38% | +8.21% |
Max Drawdown (1Y)Largest decline over 1 year | -2.73% | -16.15% | +13.42% |
Max Drawdown (3Y)Largest decline over 3 years | -2.73% | -29.93% | +27.20% |
Max Drawdown (5Y)Largest decline over 5 years | -17.79% | -29.93% | +12.14% |
Max Drawdown (10Y)Largest decline over 10 years | -17.79% | -31.38% | +13.59% |
Current DrawdownCurrent decline from peak | -2.76% | -3.00% | +0.24% |
Average DrawdownAverage peak-to-trough decline | -2.99% | -5.67% | +2.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.77% | 6.16% | -5.39% |
Volatility
IBCX.L vs. IUIT.L - Volatility Comparison
The current volatility for iShares Euro Corporate Bond Large Cap UCITS ETF (IBCX.L) is 1.08%, while iShares S&P 500 Information Technology Sector UCITS ETF (IUIT.L) has a volatility of 7.34%. This indicates that IBCX.L experiences smaller price fluctuations and is considered to be less risky than IUIT.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IBCX.L | IUIT.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.08% | 7.34% | -6.26% |
Volatility (6M)Calculated over the trailing 6-month period | 2.67% | 15.50% | -12.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.12% | 20.76% | -17.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.65% | 23.38% | -18.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.79% | 22.70% | -17.91% |
IBCX.L vs. IUIT.L - Expense Ratio Comparison
IBCX.L has a 0.20% expense ratio, which is higher than IUIT.L's 0.15% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
IBCX.L vs. IUIT.L - Dividend Comparison
IBCX.L's dividend yield for the trailing twelve months is around 3.07%, while IUIT.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IBCX.L iShares Euro Corporate Bond Large Cap UCITS ETF | 3.07% | 3.02% | 2.74% | 2.31% | 1.05% | 0.73% | 0.84% | 0.99% | 1.10% | 1.09% | 1.27% | 1.57% |
IUIT.L iShares S&P 500 Information Technology Sector UCITS ETF | 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
IBCX.L and IUIT.L have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IUIT.L is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IUIT.L is cheaper with a 0.15% expense ratio, compared with 0.20% for IBCX.L.
IBCX.L is categorized as European Corporate Bonds, while IUIT.L is Technology Equities. IBCX.L tracks Bloomberg Euro Corp TR EUR, while IUIT.L tracks S&P 500 Capped 35/20 Information Technology Index. Their fees differ too: 0.20% for IBCX.L and 0.15% for IUIT.L.
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