IGHY.L vs. IITU.L
IGHY.L (iShares Global High Yield Corporate Bond UCITS ETF) and IITU.L (iShares S&P 500 Information Technology Sector UCITS ETF USD (Acc)) are both exchange-traded funds - IGHY.L is a High Yield Bonds fund tracking the ICE BofA Gbl HY Constnd 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 10 years, IGHY.L returned 0.37%/yr vs 27.26%/yr for IITU.L. At a 0.48 correlation, their price movements are largely independent. IGHY.L charges 0.50%/yr vs 0.15%/yr for IITU.L.
Performance
IGHY.L vs. IITU.L - Performance Comparison
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Different Trading Currencies
IGHY.L is traded in GBP, while IITU.L is traded in GBp. To make them comparable, the IITU.L values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, IGHY.L achieves a -2.13% return, which is significantly lower than IITU.L's 23.25% return. Over the past 10 years, IGHY.L has underperformed IITU.L with an annualized return of 0.37%, while IITU.L has yielded a comparatively higher 27.26% annualized return.
IGHY.L
- 1D
- 0.16%
- 1M
- 1.11%
- YTD
- -2.13%
- 6M
- -1.93%
- 1Y
- 1.29%
- 3Y*
- 0.50%
- 5Y*
- -0.88%
- 10Y*
- 0.37%
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%
IGHY.L vs. IITU.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IGHY.L iShares Global High Yield Corporate Bond UCITS ETF | -2.13% | 1.20% | -1.38% | 1.98% | -5.02% | -3.21% | -0.41% | 3.09% | -2.90% | -4.78% |
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 IGHY.L and IITU.L is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.27 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.28 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.37 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.47 |
Correlation (All Time) Calculated using the full available price history since Nov 24, 2015 | 0.48 |
Over the past year, the correlation between IGHY.L and IITU.L has dropped to 0.27 - well below their long-term average of 0.48, suggesting their price drivers have been diverging.
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Return for Risk
IGHY.L vs. IITU.L — Risk / Return Rank
IGHY.L
IITU.L
IGHY.L vs. IITU.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global High Yield Corporate Bond UCITS ETF (IGHY.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.
| IGHY.L | IITU.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.50 | ||
| Sortino ratioReturn per unit of downside risk | -3.18 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.44 | -0.39 |
| Calmar ratioReturn relative to maximum drawdown | 0.25 | 3.17 | -2.92 |
| Martin ratioReturn relative to average drawdown | 0.64 | 8.17 | -7.53 |
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
| IGHY.L | IITU.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.21 | 2.71 | -2.50 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.12 | 1.16 | -1.28 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.04 | 1.28 | -1.24 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.19 | 1.23 | -1.42 |
Drawdowns
IGHY.L vs. IITU.L - Drawdown Comparison
The maximum IGHY.L drawdown since its inception was -38.62%, 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 IGHY.L and IITU.L.
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Drawdown Indicators
| IGHY.L | IITU.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.62% | -28.03% | -10.59% |
Max Drawdown (1Y)Largest decline over 1 year | -5.16% | -16.76% | +11.60% |
Max Drawdown (3Y)Largest decline over 3 years | -6.33% | -28.03% | +21.70% |
Max Drawdown (5Y)Largest decline over 5 years | -11.28% | -28.03% | +16.75% |
Max Drawdown (10Y)Largest decline over 10 years | -20.95% | -28.03% | +7.08% |
Current DrawdownCurrent decline from peak | -29.35% | -2.89% | -26.46% |
Average DrawdownAverage peak-to-trough decline | -27.58% | -5.14% | -22.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.00% | 6.51% | -4.51% |
Volatility
IGHY.L vs. IITU.L - Volatility Comparison
The current volatility for iShares Global High Yield Corporate Bond UCITS ETF (IGHY.L) is 1.33%, while iShares S&P 500 Information Technology Sector UCITS ETF USD (Acc) (IITU.L) has a volatility of 7.01%. This indicates that IGHY.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
| IGHY.L | IITU.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.33% | 7.01% | -5.68% |
Volatility (6M)Calculated over the trailing 6-month period | 4.95% | 14.45% | -9.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.24% | 19.60% | -13.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.25% | 21.94% | -14.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.12% | 21.31% | -12.19% |
IGHY.L vs. IITU.L - Expense Ratio Comparison
IGHY.L has a 0.50% expense ratio, which is higher than IITU.L's 0.15% expense ratio.
Dividends
IGHY.L vs. IITU.L - Dividend Comparison
IGHY.L's dividend yield for the trailing twelve months is around 0.06%, while IITU.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IGHY.L iShares Global High Yield Corporate Bond UCITS ETF | 0.06% | 0.05% | 0.05% | 0.05% | 0.04% | 0.04% | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% |
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
IGHY.L and IITU.L have a correlation of 0.27, 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 0.50% for IGHY.L.
IGHY.L is categorized as High Yield Bonds, while IITU.L is Technology Equities. IGHY.L tracks ICE BofA Gbl HY Constnd TR USD, while IITU.L tracks S&P 500 Capped 35/20 Information Technology Index. Their fees differ too: 0.50% for IGHY.L and 0.15% for IITU.L.
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