IGLO.L vs. IUIT.L
IGLO.L (iShares Global Government Bond UCITS) and IUIT.L (iShares S&P 500 Information Technology Sector UCITS ETF) are both exchange-traded funds - IGLO.L is a Global Bonds fund tracking the Bloomberg Global Aggregate TR USD, 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, IGLO.L returned -0.82%/yr vs 26.33%/yr for IUIT.L. At a 0.02 correlation, their price movements are largely independent. IGLO.L charges 0.20%/yr vs 0.15%/yr for IUIT.L.
Performance
IGLO.L vs. IUIT.L - Performance Comparison
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Returns By Period
In the year-to-date period, IGLO.L achieves a -1.63% return, which is significantly lower than IUIT.L's 23.04% return. Over the past 10 years, IGLO.L has underperformed IUIT.L with an annualized return of -0.82%, while IUIT.L has yielded a comparatively higher 26.33% annualized return.
IGLO.L
- 1D
- 0.19%
- 1M
- -0.07%
- YTD
- -1.63%
- 6M
- -1.00%
- 1Y
- -0.09%
- 3Y*
- 1.45%
- 5Y*
- -3.35%
- 10Y*
- -0.82%
IUIT.L
- 1D
- -2.11%
- 1M
- 13.14%
- YTD
- 23.04%
- 6M
- 22.75%
- 1Y
- 51.87%
- 3Y*
- 34.42%
- 5Y*
- 24.18%
- 10Y*
- 26.33%
IGLO.L vs. IUIT.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IGLO.L iShares Global Government Bond UCITS | -1.63% | 7.14% | -3.65% | 4.00% | -17.69% | -6.89% | 9.38% | 5.53% | -0.30% | 6.12% |
IUIT.L iShares S&P 500 Information Technology Sector UCITS ETF | 23.04% | 22.93% | 38.51% | 59.45% | -29.15% | 34.09% | 43.14% | 48.90% | -1.41% | 38.43% |
Correlation
The correlation between IGLO.L and IUIT.L is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.08 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.11 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.03 |
Correlation (All Time) Calculated using the full available price history since Dec 7, 2015 | 0.02 |
The correlation between IGLO.L and IUIT.L shifts across timeframes, from 0.02 (all time) to 0.16 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
IGLO.L vs. IUIT.L — Risk / Return Rank
IGLO.L
IUIT.L
IGLO.L vs. IUIT.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Government Bond UCITS (IGLO.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.
| IGLO.L | IUIT.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.56 | ||
| Sortino ratioReturn per unit of downside risk | -3.34 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.41 | -0.41 |
| Calmar ratioReturn relative to maximum drawdown | -0.02 | 3.03 | -3.05 |
| Martin ratioReturn relative to average drawdown | -0.05 | 8.99 | -9.04 |
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
| IGLO.L | IUIT.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.02 | 2.55 | -2.56 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.45 | 1.02 | -1.47 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.12 | 1.20 | -1.33 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.12 | 1.16 | -1.04 |
Drawdowns
IGLO.L vs. IUIT.L - Drawdown Comparison
The maximum IGLO.L drawdown since its inception was -28.01%, smaller than the maximum IUIT.L drawdown of -33.46%. Use the drawdown chart below to compare losses from any high point for IGLO.L and IUIT.L.
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Drawdown Indicators
| IGLO.L | IUIT.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.01% | -33.46% | +5.45% |
Max Drawdown (1Y)Largest decline over 1 year | -4.28% | -17.03% | +12.75% |
Max Drawdown (3Y)Largest decline over 3 years | -7.93% | -26.40% | +18.47% |
Max Drawdown (5Y)Largest decline over 5 years | -25.88% | -33.46% | +7.58% |
Max Drawdown (10Y)Largest decline over 10 years | -28.01% | -33.46% | +5.45% |
Current DrawdownCurrent decline from peak | -19.08% | -3.14% | -15.94% |
Average DrawdownAverage peak-to-trough decline | -8.75% | -6.02% | -2.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.67% | 5.76% | -4.09% |
Volatility
IGLO.L vs. IUIT.L - Volatility Comparison
The current volatility for iShares Global Government Bond UCITS (IGLO.L) is 2.20%, while iShares S&P 500 Information Technology Sector UCITS ETF (IUIT.L) has a volatility of 7.49%. This indicates that IGLO.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
| IGLO.L | IUIT.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.20% | 7.49% | -5.29% |
Volatility (6M)Calculated over the trailing 6-month period | 4.36% | 15.53% | -11.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.89% | 20.28% | -14.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.46% | 23.61% | -16.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.66% | 22.47% | -15.81% |
IGLO.L vs. IUIT.L - Expense Ratio Comparison
IGLO.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
IGLO.L vs. IUIT.L - Dividend Comparison
IGLO.L's dividend yield for the trailing twelve months is around 3.09%, while IUIT.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IGLO.L iShares Global Government Bond UCITS | 3.09% | 2.86% | 2.51% | 1.47% | 0.78% | 0.63% | 0.99% | 1.21% | 1.07% | 0.93% | 1.09% | 0.60% |
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
IGLO.L and IUIT.L have a correlation of 0.16, 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 IGLO.L.
IGLO.L is categorized as Global Bonds, while IUIT.L is Technology Equities. IGLO.L tracks Bloomberg Global Aggregate TR USD, while IUIT.L tracks S&P 500 Capped 35/20 Information Technology Index. Their fees differ too: 0.20% for IGLO.L and 0.15% for IUIT.L.
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