ITEK.L vs. QWTM.L

Last updated Jun 5, 2026

ITEK.L (HAN-GINS Tech Megatrend Equal Weight UCITS ETF) and QWTM.L (WisdomTree Quantum Computing UCITS ETF - USD Acc) are both Technology Equities funds - ITEK.L tracks the Solactive Innovative Technologies Index while QWTM.L tracks the WisdomTree Classiq Quantum Computing UCITS Index. Both are passively managed. Their correlation of 0.83 suggests significant overlap in exposure. ITEK.L charges 0.59%/yr vs 0.50%/yr for QWTM.L.

Performance

ITEK.L vs. QWTM.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in HAN-GINS Tech Megatrend Equal Weight UCITS ETF (ITEK.L) and WisdomTree Quantum Computing UCITS ETF - USD Acc (QWTM.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

ITEK.L is traded in USD, while QWTM.L is traded in GBp. To make them comparable, the QWTM.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, ITEK.L achieves a 24.28% return, which is significantly lower than QWTM.L's 51.15% return.

ITEK.L

• 1D: 0.19%
• 1M: 13.86%
• YTD: 24.28%
• 6M: 20.34%
• 1Y: 44.45%
• 3Y*: 25.22%
• 5Y*: 6.54%
• 10Y*: —

QWTM.L

• 1D: -1.83%
• 1M: 19.97%
• YTD: 51.15%
• 6M: 42.95%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ITEK.L vs. QWTM.L - Yearly Performance Comparison

	2026 (YTD)	2025
ITEK.L HAN-GINS Tech Megatrend Equal Weight UCITS ETF	24.28%	2.84%
QWTM.L WisdomTree Quantum Computing UCITS ETF - USD Acc	51.15%	19.97%

Correlation

The correlation between ITEK.L and QWTM.L is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 4, 2025	0.83

Return for Risk

ITEK.L vs. QWTM.L — Risk / Return Rank

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

ITEK.L

ITEK.L Risk / Return Rank: 47
ITEK.L Sharpe Ratio Rank: 54
ITEK.L Sortino Ratio Rank: 53
ITEK.L Omega Ratio Rank: 49
ITEK.L Calmar Ratio Rank: 42
ITEK.L Martin Ratio Rank: 34

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.

ITEK.L vs. QWTM.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for HAN-GINS Tech Megatrend Equal Weight UCITS ETF (ITEK.L) and WisdomTree Quantum Computing UCITS ETF - USD Acc (QWTM.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.

	ITEK.L	QWTM.L	Difference
Sharpe ratio: Return per unit of total volatility	1.84	—	—
Sortino ratio: Return per unit of downside risk	2.55	—	—
Omega ratio: Gain probability vs. loss probability	1.31	—	—
Calmar ratio: Return relative to maximum drawdown	2.03	—	—
Martin ratio: Return relative to average drawdown	5.05	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	ITEK.L	QWTM.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.84	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.24	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.56	3.05	-2.49

Drawdowns

ITEK.L vs. QWTM.L - Drawdown Comparison

The maximum ITEK.L drawdown since its inception was -54.15%, which is greater than QWTM.L's maximum drawdown of -25.40%. Use the drawdown chart below to compare losses from any high point for ITEK.L and QWTM.L.

Drawdown Indicators

	ITEK.L	QWTM.L	Difference
Max Drawdown Largest peak-to-trough decline	-54.15%	-25.40%	-28.75%
Max Drawdown (1Y) Largest decline over 1 year	-21.74%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-28.11%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-53.31%	—	—
Current Drawdown Current decline from peak	-1.88%	-4.52%	+2.64%
Average Drawdown Average peak-to-trough decline	-19.45%	-10.22%	-9.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.77%	—	—

Volatility

Volatility by Period

	ITEK.L	QWTM.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.72%	—	—
Volatility (6M) Calculated over the trailing 6-month period	18.45%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	24.14%	39.87%	-15.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.18%	39.87%	-12.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.72%	39.87%	-13.15%

ITEK.L vs. QWTM.L - Expense Ratio Comparison

ITEK.L has a 0.59% expense ratio, which is higher than QWTM.L's 0.50% expense ratio.

Dividends

ITEK.L vs. QWTM.L - Dividend Comparison

Neither ITEK.L nor QWTM.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both ITEK.L and QWTM.L in my portfolio?

ITEK.L and QWTM.L have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ITEK.L or QWTM.L?

On fees, QWTM.L is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ITEK.L or QWTM.L?

QWTM.L is cheaper with a 0.50% expense ratio, compared with 0.59% for ITEK.L.

What is the main difference between ITEK.L and QWTM.L?

ITEK.L tracks Solactive Innovative Technologies Index, while QWTM.L tracks WisdomTree Classiq Quantum Computing UCITS Index. They also come from different issuers: HANetf and WisdomTree. Their fees differ too: 0.59% for ITEK.L and 0.50% for QWTM.L.