IITU.L vs. LDEG.L

Last updated Jun 13, 2026

IITU.L (iShares S&P 500 Information Technology Sector UCITS ETF USD (Acc)) and LDEG.L (L&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF) are both exchange-traded funds - IITU.L is a Technology Equities fund tracking the S&P 500 Capped 35/20 Information Technology Index, while LDEG.L is a Europe Equities fund tracking the MSCI Europe Ex UK NR EUR. Both are passively managed. Over the past 5 years, IITU.L returned 23.93%/yr vs 16.40%/yr for LDEG.L. At a 0.37 correlation, their price movements are largely independent. IITU.L charges 0.15%/yr vs 0.25%/yr for LDEG.L.

Performance

IITU.L vs. LDEG.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in iShares S&P 500 Information Technology Sector UCITS ETF USD (Acc) (IITU.L) and L&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF (LDEG.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IITU.L achieves a 17.69% return, which is significantly higher than LDEG.L's 12.38% return.

IITU.L

• 1D: 2.47%
• 1M: 2.28%
• YTD: 17.69%
• 6M: 18.41%
• 1Y: 44.34%
• 3Y*: 28.72%
• 5Y*: 23.93%
• 10Y*: 26.66%

LDEG.L

• 1D: 1.47%
• 1M: 2.68%
• YTD: 12.38%
• 6M: 14.78%
• 1Y: 31.37%
• 3Y*: 24.60%
• 5Y*: 16.40%
• 10Y*: —

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

IITU.L vs. LDEG.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
IITU.L iShares S&P 500 Information Technology Sector UCITS ETF USD (Acc)	17.69%	14.44%	40.85%	50.70%	-20.63%	26.26%
LDEG.L L&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF	12.38%	44.91%	8.81%	14.31%	1.91%	-8.28%

Correlation

The correlation between IITU.L and LDEG.L is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.36
Correlation (3Y) Calculated over the trailing 3-year period	0.29
Correlation (5Y) Calculated over the trailing 5-year period	0.37
Correlation (All Time) Calculated using the full available price history since Apr 12, 2021	0.37

IITU.L vs. LDEG.L - Sectors Allocation Comparison

Sectors	IITU.L	LDEG.L
Technology	99.6%	2.0%
Energy	0.1%	7.7%
Industrials	0.0%	15.8%
Basic Materials	-	9.9%
Communication Services	-	5.2%
Consumer Cyclical	-	3.3%
Consumer Defensive	-	3.1%
Financial Services	-	41.5%
Healthcare	-	3.4%
Real Estate	-	-
Utilities	-	8.2%

Return for Risk

IITU.L vs. LDEG.L — Risk / Return Rank

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

IITU.L

IITU.L Risk / Return Rank: 66
IITU.L Sharpe Ratio Rank: 79
IITU.L Sortino Ratio Rank: 73
IITU.L Omega Ratio Rank: 71
IITU.L Calmar Ratio Rank: 60
IITU.L Martin Ratio Rank: 47

LDEG.L

LDEG.L Risk / Return Rank: 86
LDEG.L Sharpe Ratio Rank: 90
LDEG.L Sortino Ratio Rank: 89
LDEG.L Omega Ratio Rank: 88
LDEG.L Calmar Ratio Rank: 83
LDEG.L Martin Ratio Rank: 82

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.

IITU.L vs. LDEG.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares S&P 500 Information Technology Sector UCITS ETF USD (Acc) (IITU.L) and L&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF (LDEG.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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	IITU.L	LDEG.L	Difference
Sharpe ratio: Return per unit of total volatility	2.17	2.66	-0.50
Sortino ratio: Return per unit of downside risk	2.81	3.57	-0.76
Omega ratio: Gain probability vs. loss probability	1.36	1.48	-0.11
Calmar ratio: Return relative to maximum drawdown	2.63	3.89	-1.25
Martin ratio: Return relative to average drawdown	6.67	14.14	-7.47

IITU.L vs. LDEG.L - Sharpe Ratio Comparison

The current IITU.L Sharpe Ratio is 2.17, which is comparable to the LDEG.L Sharpe Ratio of 2.66. The chart below compares the historical Sharpe Ratios of IITU.L and LDEG.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.

Drawdowns

IITU.L vs. LDEG.L - Drawdown Comparison

The maximum IITU.L drawdown since its inception was -41.09%, which is greater than LDEG.L's maximum drawdown of -21.96%. Use the drawdown chart below to compare losses from any high point for IITU.L and LDEG.L.

Drawdown Indicators

	IITU.L	LDEG.L	Difference
Max Drawdown Largest peak-to-trough decline	-41.09%	-21.96%	-19.13%
Max Drawdown (1Y) Largest decline over 1 year	-16.76%	-8.04%	-8.72%
Max Drawdown (3Y) Largest decline over 3 years	-28.03%	-12.05%	-15.98%
Max Drawdown (5Y) Largest decline over 5 years	-28.03%	-17.39%	-10.64%
Max Drawdown (10Y) Largest decline over 10 years	-28.03%	—	—
Current Drawdown Current decline from peak	-7.27%	0.00%	-7.27%
Average Drawdown Average peak-to-trough decline	-8.11%	-5.39%	-2.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.63%	2.21%	+4.42%

Volatility

IITU.L vs. LDEG.L - Volatility Comparison

iShares S&P 500 Information Technology Sector UCITS ETF USD (Acc) (IITU.L) has a higher volatility of 8.62% compared to L&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF (LDEG.L) at 3.50%. This indicates that IITU.L's price experiences larger fluctuations and is considered to be riskier than LDEG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IITU.L	LDEG.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.62%	3.50%	+5.12%
Volatility (6M) Calculated over the trailing 6-month period	15.42%	9.36%	+6.06%
Volatility (1Y) Calculated over the trailing 1-year period	20.37%	11.73%	+8.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.20%	14.21%	+11.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.68%	15.22%	+8.46%

IITU.L vs. LDEG.L - Expense Ratio Comparison

IITU.L has a 0.15% expense ratio, which is lower than LDEG.L's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

IITU.L vs. LDEG.L - Dividend Comparison

IITU.L has not paid dividends to shareholders, while LDEG.L's dividend yield for the trailing twelve months is around 3.56%.

Position	TTM	2025	2024	2023	2022	2021
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%
LDEG.L L&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF	3.56%	3.42%	4.20%	4.10%	3.69%	3.06%

Frequently Asked Questions

Can I hold both IITU.L and LDEG.L in my portfolio?

IITU.L and LDEG.L have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IITU.L or LDEG.L?

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.

Which ETF is cheaper, IITU.L or LDEG.L?

IITU.L is cheaper with a 0.15% expense ratio, compared with 0.25% for LDEG.L.

What is the main difference between IITU.L and LDEG.L?

IITU.L is categorized as Technology Equities, while LDEG.L is Europe Equities. IITU.L tracks S&P 500 Capped 35/20 Information Technology Index, while LDEG.L tracks MSCI Europe Ex UK NR EUR. They also come from different issuers: iShares and Legal & General. Their fees differ too: 0.15% for IITU.L and 0.25% for LDEG.L.