IHYA.L vs. IUIT.L

Last updated Jun 5, 2026

IHYA.L (iShares USD High Yield Corporate Bond UCITS ETF USD (Acc)) and IUIT.L (iShares S&P 500 Information Technology Sector UCITS ETF) are both exchange-traded funds - IHYA.L is a High Yield Bonds fund tracking the Bloomberg US Corporate High Yield 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 5 years, IHYA.L returned 3.99%/yr vs 24.18%/yr for IUIT.L. A 0.57 correlation means they provide meaningful diversification when combined. IHYA.L charges 0.50%/yr vs 0.15%/yr for IUIT.L.

Performance

IHYA.L vs. IUIT.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares USD High Yield Corporate Bond UCITS ETF USD (Acc) (IHYA.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, IHYA.L achieves a 1.10% return, which is significantly lower than IUIT.L's 23.04% return.

IHYA.L

• 1D: 0.09%
• 1M: -0.11%
• YTD: 1.10%
• 6M: 1.70%
• 1Y: 6.95%
• 3Y*: 8.29%
• 5Y*: 3.99%
• 10Y*: —

IUIT.L

• 1D: -2.11%
• 1M: 10.65%
• YTD: 23.04%
• 6M: 22.40%
• 1Y: 50.55%
• 3Y*: 34.42%
• 5Y*: 24.18%
• 10Y*: 26.33%

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

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

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IHYA.L iShares USD High Yield Corporate Bond UCITS ETF USD (Acc)	1.10%	9.49%	6.98%	10.64%	-8.87%	3.72%	5.07%	12.63%	-1.30%	2.90%
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%	25.40%

Correlation

The correlation between IHYA.L and IUIT.L is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.46
Correlation (3Y) Calculated over the trailing 3-year period	0.42
Correlation (5Y) Calculated over the trailing 5-year period	0.54
Correlation (All Time) Calculated using the full available price history since Apr 18, 2017	0.57

The correlation between IHYA.L and IUIT.L shifts across timeframes, from 0.42 (3 years) to 0.57 (all time), reflecting how their relationship changes across market environments.

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

Sectors	IHYA.L	IUIT.L
Utilities	83.6%	-
Real Estate	16.4%	-
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	0.1%
Financial Services	-	-
Healthcare	-	-
Industrials	-	0.0%
Technology	-	99.6%

Return for Risk

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

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

IHYA.L

IHYA.L Risk / Return Rank: 61
IHYA.L Sharpe Ratio Rank: 58
IHYA.L Sortino Ratio Rank: 67
IHYA.L Omega Ratio Rank: 64
IHYA.L Calmar Ratio Rank: 50
IHYA.L Martin Ratio Rank: 68

IUIT.L

IUIT.L Risk / Return Rank: 68
IUIT.L Sharpe Ratio Rank: 80
IUIT.L Sortino Ratio Rank: 76
IUIT.L Omega Ratio Rank: 70
IUIT.L Calmar Ratio Rank: 62
IUIT.L Martin Ratio Rank: 53

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.

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

This table presents a comparison of risk-adjusted performance metrics for iShares USD High Yield Corporate Bond UCITS ETF USD (Acc) (IHYA.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.

	IHYA.L	IUIT.L	Difference
Sharpe ratio: Return per unit of total volatility	1.93	2.55	-0.61
Sortino ratio: Return per unit of downside risk	3.03	3.36	-0.33
Omega ratio: Gain probability vs. loss probability	1.38	1.41	-0.03
Calmar ratio: Return relative to maximum drawdown	2.45	3.03	-0.58
Martin ratio: Return relative to average drawdown	12.30	8.99	+3.32
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

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

The current IHYA.L Sharpe Ratio is 1.93, which is comparable to the IUIT.L Sharpe Ratio of 2.55. The chart below compares the historical Sharpe Ratios of IHYA.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

	IHYA.L	IUIT.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.93	2.55	-0.61
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.59	1.02	-0.44
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	1.20	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.56	1.16	-0.60

Drawdowns

IHYA.L vs. IUIT.L - Drawdown Comparison

The maximum IHYA.L drawdown since its inception was -22.58%, smaller than the maximum IUIT.L drawdown of -33.46%. Use the drawdown chart below to compare losses from any high point for IHYA.L and IUIT.L.

Drawdown Indicators

	IHYA.L	IUIT.L	Difference
Max Drawdown Largest peak-to-trough decline	-22.58%	-33.46%	+10.88%
Max Drawdown (1Y) Largest decline over 1 year	-2.82%	-17.03%	+14.21%
Max Drawdown (3Y) Largest decline over 3 years	-4.83%	-26.40%	+21.57%
Max Drawdown (5Y) Largest decline over 5 years	-13.68%	-33.46%	+19.78%
Max Drawdown (10Y) Largest decline over 10 years	—	-33.46%	—
Current Drawdown Current decline from peak	-0.31%	-3.14%	+2.83%
Average Drawdown Average peak-to-trough decline	-2.23%	-6.02%	+3.79%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.56%	5.76%	-5.20%

Volatility

IHYA.L vs. IUIT.L - Volatility Comparison

The current volatility for iShares USD High Yield Corporate Bond UCITS ETF USD (Acc) (IHYA.L) is 1.36%, while iShares S&P 500 Information Technology Sector UCITS ETF (IUIT.L) has a volatility of 7.49%. This indicates that IHYA.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

	IHYA.L	IUIT.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.36%	7.49%	-6.13%
Volatility (6M) Calculated over the trailing 6-month period	2.87%	15.53%	-12.66%
Volatility (1Y) Calculated over the trailing 1-year period	3.58%	20.28%	-16.70%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.81%	23.61%	-16.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.89%	22.47%	-14.58%

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

IHYA.L has a 0.50% expense ratio, which is higher than IUIT.L's 0.15% expense ratio.

Dividends

IHYA.L vs. IUIT.L - Dividend Comparison

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

Tickers have no history of dividend payments

Frequently Asked Questions

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

IHYA.L and IUIT.L have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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

IUIT.L is cheaper with a 0.15% expense ratio, compared with 0.50% for IHYA.L.

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

IHYA.L is categorized as High Yield Bonds, while IUIT.L is Technology Equities. IHYA.L tracks Bloomberg US Corporate High Yield TR USD, while IUIT.L tracks S&P 500 Capped 35/20 Information Technology Index. Their fees differ too: 0.50% for IHYA.L and 0.15% for IUIT.L.