IEEU.L vs. IUIT.L

Last updated Jun 6, 2026

IEEU.L (iShares Edge MSCI Europe Multifactor UCITS ETF EUR (Acc) USD) and IUIT.L (iShares S&P 500 Information Technology Sector UCITS ETF) are both exchange-traded funds - IEEU.L is a Europe Equities fund tracking the MSCI Europe NR 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 5 years, IEEU.L returned 9.80%/yr vs 23.36%/yr for IUIT.L. A 0.61 correlation means they provide meaningful diversification when combined. IEEU.L charges 0.45%/yr vs 0.15%/yr for IUIT.L.

Performance

IEEU.L vs. IUIT.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Edge MSCI Europe Multifactor UCITS ETF EUR (Acc) USD (IEEU.L) and iShares S&P 500 Information Technology Sector UCITS ETF (IUIT.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IEEU.L achieves a 9.09% return, which is significantly lower than IUIT.L's 19.06% return.

IEEU.L

• 1D: 0.75%
• 1M: -1.07%
• YTD: 9.09%
• 6M: 13.28%
• 1Y: 21.68%
• 3Y*: 21.25%
• 5Y*: 9.80%
• 10Y*: —

IUIT.L

• 1D: -3.24%
• 1M: 7.06%
• YTD: 19.06%
• 6M: 18.44%
• 1Y: 45.67%
• 3Y*: 33.47%
• 5Y*: 23.36%
• 10Y*: 25.86%

*Multi-year figures are annualized to reflect compound growth (CAGR)

IEEU.L vs. IUIT.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IEEU.L iShares Edge MSCI Europe Multifactor UCITS ETF EUR (Acc) USD	9.09%	36.39%	7.59%	23.43%	-20.19%	17.15%	8.71%	22.09%	-15.09%	28.21%
IUIT.L iShares S&P 500 Information Technology Sector UCITS ETF	19.06%	22.93%	38.51%	59.45%	-29.15%	34.09%	43.14%	48.83%	-1.41%	37.94%

Correlation

The correlation between IEEU.L and IUIT.L is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.45
Correlation (3Y) Calculated over the trailing 3-year period	0.46
Correlation (5Y) Calculated over the trailing 5-year period	0.57
Correlation (All Time) Calculated using the full available price history since Nov 29, 2016	0.61

The correlation between IEEU.L and IUIT.L shifts across timeframes, from 0.45 (1 year) to 0.61 (all time), reflecting how their relationship changes across market environments.

IEEU.L vs. IUIT.L - Sectors Allocation Comparison

Sectors	IEEU.L	IUIT.L
Financial Services	27.7%	-
Industrials	17.4%	0.0%
Healthcare	11.0%	-
Consumer Defensive	8.4%	-
Technology	8.3%	99.6%
Consumer Cyclical	5.8%	-
Energy	5.8%	0.1%
Communication Services	5.7%	-
Utilities	5.3%	-
Basic Materials	2.1%	-
Real Estate	1.3%	-

Return for Risk

IEEU.L vs. IUIT.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IEEU.L

IEEU.L Risk / Return Rank: 37
IEEU.L Sharpe Ratio Rank: 26
IEEU.L Sortino Ratio Rank: 28
IEEU.L Omega Ratio Rank: 45
IEEU.L Calmar Ratio Rank: 35
IEEU.L Martin Ratio Rank: 50

IUIT.L

IUIT.L Risk / Return Rank: 63
IUIT.L Sharpe Ratio Rank: 74
IUIT.L Sortino Ratio Rank: 71
IUIT.L Omega Ratio Rank: 65
IUIT.L Calmar Ratio Rank: 58
IUIT.L Martin Ratio Rank: 50

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.

IEEU.L vs. IUIT.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI Europe Multifactor UCITS ETF EUR (Acc) USD (IEEU.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.

	IEEU.L	IUIT.L	Difference
Sharpe ratio: Return per unit of total volatility	0.84	2.21	-1.37
Sortino ratio: Return per unit of downside risk	1.38	2.95	-1.58
Omega ratio: Gain probability vs. loss probability	1.26	1.36	-0.10
Calmar ratio: Return relative to maximum drawdown	1.57	2.67	-1.10
Martin ratio: Return relative to average drawdown	7.86	7.89	-0.03
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IEEU.L vs. IUIT.L - Sharpe Ratio Comparison

The current IEEU.L Sharpe Ratio is 0.84, which is lower than the IUIT.L Sharpe Ratio of 2.21. The chart below compares the historical Sharpe Ratios of IEEU.L and IUIT.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.

Sharpe Ratios by Period

	IEEU.L	IUIT.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.84	2.21	-1.37
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.49	0.99	-0.50
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	1.16	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.60	1.10	-0.50

Drawdowns

IEEU.L vs. IUIT.L - Drawdown Comparison

The maximum IEEU.L drawdown since its inception was -38.76%, which is greater than IUIT.L's maximum drawdown of -33.46%. Use the drawdown chart below to compare losses from any high point for IEEU.L and IUIT.L.

Drawdown Indicators

	IEEU.L	IUIT.L	Difference
Max Drawdown Largest peak-to-trough decline	-38.76%	-33.46%	-5.30%
Max Drawdown (1Y) Largest decline over 1 year	-14.16%	-17.03%	+2.87%
Max Drawdown (3Y) Largest decline over 3 years	-14.16%	-26.40%	+12.24%
Max Drawdown (5Y) Largest decline over 5 years	-35.39%	-33.46%	-1.93%
Max Drawdown (10Y) Largest decline over 10 years	—	-33.46%	—
Current Drawdown Current decline from peak	-1.07%	-6.28%	+5.21%
Average Drawdown Average peak-to-trough decline	-7.64%	-5.89%	-1.75%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.83%	5.77%	-2.94%

Volatility

IEEU.L vs. IUIT.L - Volatility Comparison

The current volatility for iShares Edge MSCI Europe Multifactor UCITS ETF EUR (Acc) USD (IEEU.L) is 5.04%, while iShares S&P 500 Information Technology Sector UCITS ETF (IUIT.L) has a volatility of 8.22%. This indicates that IEEU.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.

Volatility by Period

	IEEU.L	IUIT.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.04%	8.22%	-3.18%
Volatility (6M) Calculated over the trailing 6-month period	12.13%	15.90%	-3.77%
Volatility (1Y) Calculated over the trailing 1-year period	26.49%	20.56%	+5.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.11%	23.64%	-3.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.97%	22.22%	-3.25%

IEEU.L vs. IUIT.L - Expense Ratio Comparison

IEEU.L has a 0.45% expense ratio, which is higher than IUIT.L's 0.15% expense ratio.

Dividends

IEEU.L vs. IUIT.L - Dividend Comparison

Neither IEEU.L nor IUIT.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both IEEU.L and IUIT.L in my portfolio?

IEEU.L and IUIT.L have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IEEU.L or IUIT.L?

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.

Which ETF is cheaper, IEEU.L or IUIT.L?

IUIT.L is cheaper with a 0.15% expense ratio, compared with 0.45% for IEEU.L.

What is the main difference between IEEU.L and IUIT.L?

IEEU.L is categorized as Europe Equities, while IUIT.L is Technology Equities. IEEU.L tracks MSCI Europe NR EUR, while IUIT.L tracks S&P 500 Capped 35/20 Information Technology Index. Their fees differ too: 0.45% for IEEU.L and 0.15% for IUIT.L.