IITU.L vs. XLKQ.L
Compare and contrast key facts about iShares S&P 500 USD Information Technology Sector UCITS (IITU.L) and Invesco US Technology Sector UCITS ETF (XLKQ.L).
IITU.L and XLKQ.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IITU.L is a passively managed fund by iShares that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on Nov 20, 2015. XLKQ.L is a passively managed fund by Invesco that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on Dec 16, 2009. Both IITU.L and XLKQ.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IITU.L or XLKQ.L.
Performance
IITU.L vs. XLKQ.L - Performance Comparison
Returns By Period
In the year-to-date period, IITU.L achieves a 33.95% return, which is significantly lower than XLKQ.L's 37.51% return.
IITU.L
33.95%
2.48%
15.91%
37.56%
25.24%
N/A
XLKQ.L
37.51%
3.50%
16.56%
42.38%
26.21%
24.03%
Key characteristics
| IITU.L | XLKQ.L | |
|---|---|---|
| Sharpe Ratio | 1.82 | 2.04 |
| Sortino Ratio | 2.45 | 2.71 |
| Omega Ratio | 1.31 | 1.35 |
| Calmar Ratio | 2.50 | 2.93 |
| Martin Ratio | 7.62 | 8.82 |
| Ulcer Index | 4.83% | 4.76% |
| Daily Std Dev | 20.17% | 20.45% |
| Max Drawdown | -23.56% | -23.83% |
| Current Drawdown | -1.63% | -1.90% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
IITU.L vs. XLKQ.L - Expense Ratio Comparison
IITU.L has a 0.15% expense ratio, which is higher than XLKQ.L's 0.14% 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%.
Correlation
The correlation between IITU.L and XLKQ.L is 0.99, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
IITU.L vs. XLKQ.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares S&P 500 USD Information Technology Sector UCITS (IITU.L) and Invesco US Technology Sector UCITS ETF (XLKQ.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.
Dividends
IITU.L vs. XLKQ.L - Dividend Comparison
Neither IITU.L nor XLKQ.L has paid dividends to shareholders.
Drawdowns
IITU.L vs. XLKQ.L - Drawdown Comparison
The maximum IITU.L drawdown since its inception was -23.56%, roughly equal to the maximum XLKQ.L drawdown of -23.83%. Use the drawdown chart below to compare losses from any high point for IITU.L and XLKQ.L. For additional features, visit the drawdowns tool.
Volatility
IITU.L vs. XLKQ.L - Volatility Comparison
iShares S&P 500 USD Information Technology Sector UCITS (IITU.L) and Invesco US Technology Sector UCITS ETF (XLKQ.L) have volatilities of 5.57% and 5.71%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.