ICBU.L vs. IITU.L
ICBU.L (iShares USD Intermediate Credit Bond UCITS ETF) and IITU.L (iShares S&P 500 Information Technology Sector UCITS ETF USD (Acc)) are both exchange-traded funds - ICBU.L is a Corporate Bonds fund tracking the Bloomberg US Corp Bond 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, ICBU.L returned 1.73%/yr vs 24.18%/yr for IITU.L. At a 0.11 correlation, their price movements are largely independent. Both charge a 0.15% expense ratio.
Performance
ICBU.L vs. IITU.L - Performance Comparison
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Different Trading Currencies
ICBU.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, ICBU.L achieves a 0.45% return, which is significantly lower than IITU.L's 22.95% return.
ICBU.L
- 1D
- 0.20%
- 1M
- 0.20%
- YTD
- 0.45%
- 6M
- 0.86%
- 1Y
- 4.93%
- 3Y*
- 5.47%
- 5Y*
- 1.73%
- 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%
ICBU.L vs. IITU.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ICBU.L iShares USD Intermediate Credit Bond UCITS ETF | 0.45% | 7.60% | 4.08% | 6.74% | -9.04% | -1.35% | 6.50% | 9.92% | -0.45% | 1.36% |
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% | -1.62% | 21.80% |
Correlation
The correlation between ICBU.L and IITU.L is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.19 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Apr 28, 2017 | 0.11 |
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Return for Risk
ICBU.L vs. IITU.L — Risk / Return Rank
ICBU.L
IITU.L
ICBU.L vs. IITU.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares USD Intermediate Credit Bond UCITS ETF (ICBU.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.
| ICBU.L | IITU.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.95 | ||
| Sortino ratioReturn per unit of downside risk | -0.98 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.41 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 2.29 | 3.07 | -0.78 |
| Martin ratioReturn relative to average drawdown | 8.55 | 9.27 | -0.71 |
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
| ICBU.L | IITU.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.62 | 2.58 | -0.95 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.40 | 1.04 | -0.64 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 1.20 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.61 | 1.14 | -0.53 |
Drawdowns
ICBU.L vs. IITU.L - Drawdown Comparison
The maximum ICBU.L drawdown since its inception was -13.92%, smaller than the maximum IITU.L drawdown of -34.22%. Use the drawdown chart below to compare losses from any high point for ICBU.L and IITU.L.
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Drawdown Indicators
| ICBU.L | IITU.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.92% | -34.22% | +20.30% |
Max Drawdown (1Y)Largest decline over 1 year | -2.14% | -16.80% | +14.66% |
Max Drawdown (3Y)Largest decline over 3 years | -3.24% | -26.42% | +23.18% |
Max Drawdown (5Y)Largest decline over 5 years | -13.92% | -34.22% | +20.30% |
Max Drawdown (10Y)Largest decline over 10 years | — | -34.22% | — |
Current DrawdownCurrent decline from peak | -0.67% | -3.20% | +2.53% |
Average DrawdownAverage peak-to-trough decline | -2.78% | -5.93% | +3.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.57% | 5.59% | -5.02% |
Volatility
ICBU.L vs. IITU.L - Volatility Comparison
The current volatility for iShares USD Intermediate Credit Bond UCITS ETF (ICBU.L) is 1.35%, while iShares S&P 500 Information Technology Sector UCITS ETF USD (Acc) (IITU.L) has a volatility of 7.00%. This indicates that ICBU.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
| ICBU.L | IITU.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.35% | 7.00% | -5.65% |
Volatility (6M)Calculated over the trailing 6-month period | 2.46% | 15.11% | -12.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.03% | 20.05% | -17.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.31% | 23.19% | -18.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.42% | 21.85% | -17.43% |
ICBU.L vs. IITU.L - Expense Ratio Comparison
Both ICBU.L and IITU.L have an expense ratio of 0.15%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
ICBU.L vs. IITU.L - Dividend Comparison
ICBU.L's dividend yield for the trailing twelve months is around 5.54%, while IITU.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
ICBU.L iShares USD Intermediate Credit Bond UCITS ETF | 5.54% | 4.21% | 3.78% | 2.77% | 1.93% | 1.93% | 2.78% | 2.93% | 2.65% | 0.44% |
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% |
Frequently Asked Questions
ICBU.L and IITU.L have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.15% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
ICBU.L and IITU.L have the same expense ratio: 0.15% per year.
ICBU.L is categorized as Corporate Bonds, while IITU.L is Technology Equities. ICBU.L tracks Bloomberg US Corp Bond TR USD, while IITU.L tracks S&P 500 Capped 35/20 Information Technology Index.
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