IGLA.L vs. IITU.L
IGLA.L (iShares Global Govt Bond UCITS Acc) and IITU.L (iShares S&P 500 Information Technology Sector UCITS ETF USD (Acc)) are both exchange-traded funds - IGLA.L is a Global Bonds fund tracking the Bloomberg Global Aggregate 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, IGLA.L returned -3.36%/yr vs 24.18%/yr for IITU.L. At a 0.06 correlation, their price movements are largely independent. IGLA.L charges 0.20%/yr vs 0.15%/yr for IITU.L.
Performance
IGLA.L vs. IITU.L - Performance Comparison
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Different Trading Currencies
IGLA.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, IGLA.L achieves a -1.33% return, which is significantly lower than IITU.L's 22.95% return.
IGLA.L
- 1D
- 0.19%
- 1M
- -0.05%
- YTD
- -1.33%
- 6M
- -1.11%
- 1Y
- 0.06%
- 3Y*
- 1.46%
- 5Y*
- -3.36%
- 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%
IGLA.L vs. IITU.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IGLA.L iShares Global Govt Bond UCITS Acc | -1.33% | 6.09% | -2.98% | 3.99% | -17.80% | -6.85% | 9.45% | 5.84% | -0.51% | 1.32% |
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% | 5.60% |
Correlation
The correlation between IGLA.L and IITU.L is 0.10, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.06 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.10 |
Correlation (All Time) Calculated using the full available price history since Oct 24, 2017 | 0.06 |
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Return for Risk
IGLA.L vs. IITU.L — Risk / Return Rank
IGLA.L
IITU.L
IGLA.L vs. IITU.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Govt Bond UCITS Acc (IGLA.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.
| IGLA.L | IITU.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.57 | ||
| Sortino ratioReturn per unit of downside risk | -3.32 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.41 | -0.41 |
| Calmar ratioReturn relative to maximum drawdown | 0.01 | 3.07 | -3.06 |
| Martin ratioReturn relative to average drawdown | 0.04 | 9.27 | -9.23 |
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
| IGLA.L | IITU.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.01 | 2.58 | -2.57 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.47 | 1.04 | -1.51 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 1.20 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.10 | 1.14 | -1.23 |
Drawdowns
IGLA.L vs. IITU.L - Drawdown Comparison
The maximum IGLA.L drawdown since its inception was -28.01%, smaller than the maximum IITU.L drawdown of -34.22%. Use the drawdown chart below to compare losses from any high point for IGLA.L and IITU.L.
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Drawdown Indicators
| IGLA.L | IITU.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.01% | -34.22% | +6.21% |
Max Drawdown (1Y)Largest decline over 1 year | -4.27% | -16.80% | +12.53% |
Max Drawdown (3Y)Largest decline over 3 years | -7.95% | -26.42% | +18.47% |
Max Drawdown (5Y)Largest decline over 5 years | -25.86% | -34.22% | +8.36% |
Max Drawdown (10Y)Largest decline over 10 years | — | -34.22% | — |
Current DrawdownCurrent decline from peak | -19.18% | -3.20% | -15.98% |
Average DrawdownAverage peak-to-trough decline | -11.90% | -5.93% | -5.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.69% | 5.59% | -3.90% |
Volatility
IGLA.L vs. IITU.L - Volatility Comparison
The current volatility for iShares Global Govt Bond UCITS Acc (IGLA.L) is 2.06%, while iShares S&P 500 Information Technology Sector UCITS ETF USD (Acc) (IITU.L) has a volatility of 7.00%. This indicates that IGLA.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
| IGLA.L | IITU.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.06% | 7.00% | -4.94% |
Volatility (6M)Calculated over the trailing 6-month period | 4.19% | 15.11% | -10.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.54% | 20.05% | -14.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.22% | 23.19% | -15.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.74% | 21.85% | -15.11% |
IGLA.L vs. IITU.L - Expense Ratio Comparison
IGLA.L has a 0.20% expense ratio, which is higher than IITU.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
IGLA.L vs. IITU.L - Dividend Comparison
Neither IGLA.L nor IITU.L has paid dividends to shareholders.
Frequently Asked Questions
IGLA.L and IITU.L have a correlation of 0.10, 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 0.20% for IGLA.L.
IGLA.L is categorized as Global Bonds, while IITU.L is Technology Equities. IGLA.L tracks Bloomberg Global Aggregate TR USD, while IITU.L tracks S&P 500 Capped 35/20 Information Technology Index. Their fees differ too: 0.20% for IGLA.L and 0.15% for IITU.L.
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