PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
IMEU.AS vs. WITS.AS
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IMEU.AS vs. WITS.AS

Last updated Jun 4, 2026

IMEU.AS (iShares Core MSCI Europe UCITS ETF EUR (Dist)) and WITS.AS (iShares MSCI World Information Technology Sector ESG UCITS ETF) are both exchange-traded funds - IMEU.AS is a Europe Equities fund tracking the MSCI Europe NR EUR, while WITS.AS is a Technology Equities fund tracking the MSCI World/Information Tech NR USD. Both are passively managed. Over the past 5 years, IMEU.AS returned 9.85%/yr vs 21.89%/yr for WITS.AS. A 0.60 correlation means they provide meaningful diversification when combined. IMEU.AS charges 1.00%/yr vs 0.25%/yr for WITS.AS.

Performance

IMEU.AS vs. WITS.AS - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares Core MSCI Europe UCITS ETF EUR (Dist) (IMEU.AS) and iShares MSCI World Information Technology Sector ESG UCITS ETF (WITS.AS). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Different Trading Currencies

IMEU.AS is traded in EUR, while WITS.AS is traded in USD. To make them comparable, the WITS.AS values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, IMEU.AS achieves a 6.89% return, which is significantly lower than WITS.AS's 27.11% return.

IMEU.AS

1D
-0.67%
1M
3.83%
YTD
6.89%
6M
9.70%
1Y
16.16%
3Y*
13.32%
5Y*
9.85%
10Y*
9.15%

WITS.AS

1D
-0.39%
1M
19.09%
YTD
27.11%
6M
26.03%
1Y
48.09%
3Y*
28.76%
5Y*
21.89%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

IMEU.AS vs. WITS.AS - Yearly Performance Comparison

2026 (YTD)2025202420232022202120202019
IMEU.AS
iShares Core MSCI Europe UCITS ETF EUR (Dist)		6.89%19.89%8.97%15.72%-9.15%25.73%-3.22%5.36%
WITS.AS
iShares MSCI World Information Technology Sector ESG UCITS ETF		27.11%7.87%36.46%55.38%-29.14%39.85%32.58%11.53%

Correlation

The correlation between IMEU.AS and WITS.AS is 0.51, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.51

Correlation (3Y)
Calculated over the trailing 3-year period

0.52

Correlation (5Y)
Calculated over the trailing 5-year period

0.58

Correlation (All Time)
Calculated using the full available price history since Oct 22, 2019

0.60

The correlation between IMEU.AS and WITS.AS has been stable across timeframes, ranging from 0.51 to 0.60 - a consistent structural relationship.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares Core MSCI Europe UCITS ETF EUR (Dist)

iShares MSCI World Information Technology Sector ESG UCITS ETF

Often compared with IMEU.AS:
IMEU.AS vs. CSPX.LIMEU.AS vs. QQQMIMEU.AS vs. VUAA.LIMEU.AS vs. IEMU.LIMEU.AS vs. VEUR.ASIMEU.AS vs. VIDY.TOIMEU.AS vs. VHYL.AS
Often compared with WITS.AS:
WITS.AS vs. XDWT.LWITS.AS vs. IUIT.LWITS.AS vs. JEPQWITS.AS vs. AYEW.DEWITS.AS vs. FIKHXWITS.AS vs. MSFTWITS.AS vs. BRK-A

Return for Risk

IMEU.AS vs. WITS.AS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IMEU.AS
IMEU.AS Risk / Return Rank: 3636
Overall Rank
IMEU.AS Sharpe Ratio Rank: 3535
Sharpe Ratio Rank
IMEU.AS Sortino Ratio Rank: 3535
Sortino Ratio Rank
IMEU.AS Omega Ratio Rank: 3636
Omega Ratio Rank
IMEU.AS Calmar Ratio Rank: 3434
Calmar Ratio Rank
IMEU.AS Martin Ratio Rank: 4040
Martin Ratio Rank
WITS.AS
WITS.AS Risk / Return Rank: 6868
Overall Rank
WITS.AS Sharpe Ratio Rank: 7878
Sharpe Ratio Rank
WITS.AS Sortino Ratio Rank: 7474
Sortino Ratio Rank
WITS.AS Omega Ratio Rank: 6969
Omega Ratio Rank
WITS.AS Calmar Ratio Rank: 6363
Calmar Ratio Rank
WITS.AS Martin Ratio Rank: 5656
Martin Ratio Rank
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.

IMEU.AS vs. WITS.AS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Core MSCI Europe UCITS ETF EUR (Dist) (IMEU.AS) and iShares MSCI World Information Technology Sector ESG UCITS ETF (WITS.AS). 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.

IMEU.ASWITS.ASDifference
Sharpe ratioReturn per unit of total volatility
1.26
2.35

-1.09

Sortino ratioReturn per unit of downside risk
1.86
3.07

-1.21

Omega ratioGain probability vs. loss probability

1.24

1.40

-0.16

Calmar ratioReturn relative to maximum drawdown

1.68

3.12

-1.44

Martin ratioReturn relative to average drawdown

6.32

8.28

-1.96

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IMEU.AS vs. WITS.AS - Sharpe Ratio Comparison

The current IMEU.AS Sharpe Ratio is 1.26, which is lower than the WITS.AS Sharpe Ratio of 2.35. The chart below compares the historical Sharpe Ratios of IMEU.AS and WITS.AS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Sharpe Ratios by Period

IMEU.ASWITS.ASDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.26

2.35

-1.09

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.69

0.93

-0.24

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.58

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.30

1.01

-0.71

Drawdowns

IMEU.AS vs. WITS.AS - Drawdown Comparison

The maximum IMEU.AS drawdown since its inception was -57.85%, which is greater than WITS.AS's maximum drawdown of -31.15%. Use the drawdown chart below to compare losses from any high point for IMEU.AS and WITS.AS.

Loading charts...

Drawdown Indicators

IMEU.ASWITS.ASDifference

Max Drawdown

Largest peak-to-trough decline

-57.85%

-31.15%

-26.70%

Max Drawdown (1Y)

Largest decline over 1 year

-9.49%

-15.21%

+5.72%

Max Drawdown (3Y)

Largest decline over 3 years

-16.34%

-28.65%

+12.31%

Max Drawdown (5Y)

Largest decline over 5 years

-19.26%

-30.51%

+11.25%

Max Drawdown (10Y)

Largest decline over 10 years

-35.73%

—

—

Current Drawdown

Current decline from peak

-2.22%

-0.39%

-1.83%

Average Drawdown

Average peak-to-trough decline

-11.91%

-7.80%

-4.11%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.53%

5.76%

-3.23%

Volatility

IMEU.AS vs. WITS.AS - Volatility Comparison

The current volatility for iShares Core MSCI Europe UCITS ETF EUR (Dist) (IMEU.AS) is 4.89%, while iShares MSCI World Information Technology Sector ESG UCITS ETF (WITS.AS) has a volatility of 6.76%. This indicates that IMEU.AS experiences smaller price fluctuations and is considered to be less risky than WITS.AS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

IMEU.ASWITS.ASDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.89%

6.76%

-1.87%

Volatility (6M)

Calculated over the trailing 6-month period

10.53%

15.33%

-4.80%

Volatility (1Y)

Calculated over the trailing 1-year period

12.69%

20.27%

-7.58%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.05%

23.32%

-9.27%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.55%

24.25%

-8.70%

IMEU.AS vs. WITS.AS - Expense Ratio Comparison

IMEU.AS has a 1.00% expense ratio, which is higher than WITS.AS's 0.25% expense ratio.

Dividends

IMEU.AS vs. WITS.AS - Dividend Comparison

IMEU.AS's dividend yield for the trailing twelve months is around 2.55%, more than WITS.AS's 0.25% yield.

PositionTTM20252024202320222021202020192018201720162015
IMEU.AS
iShares Core MSCI Europe UCITS ETF EUR (Dist)		2.55%2.55%2.87%2.88%2.93%2.25%2.08%3.06%3.23%2.64%2.85%2.67%
WITS.AS
iShares MSCI World Information Technology Sector ESG UCITS ETF		0.25%0.31%0.38%0.46%0.81%0.41%0.73%0.12%0.00%0.00%0.00%0.00%

Frequently Asked Questions

IMEU.AS and WITS.AS have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, WITS.AS is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

WITS.AS is cheaper with a 0.25% expense ratio, compared with 1.00% for IMEU.AS.

IMEU.AS is categorized as Europe Equities, while WITS.AS is Technology Equities. IMEU.AS tracks MSCI Europe NR EUR, while WITS.AS tracks MSCI World/Information Tech NR USD. Their fees differ too: 1.00% for IMEU.AS and 0.25% for WITS.AS.

Portfolio Optimizer

Find the right allocation for IMEU.AS and WITS.AS

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer