ITEK.L vs. TRIP.L

Last updated Jun 5, 2026

ITEK.L (HAN-GINS Tech Megatrend Equal Weight UCITS ETF) and TRIP.L (HANetf The Travel UCITS ETF) are both exchange-traded funds - ITEK.L is a Technology Equities fund tracking the Solactive Innovative Technologies Index, while TRIP.L is a Consumer Staples Equities fund tracking the Cat 50%MSCI Wld/CD NR&50%MSCI Wld/CS NR. Both are passively managed. Over the past 3 years, ITEK.L returned 25.22%/yr vs 16.92%/yr for TRIP.L. A 0.58 correlation means they provide meaningful diversification when combined. ITEK.L charges 0.59%/yr vs 0.69%/yr for TRIP.L.

Performance

ITEK.L vs. TRIP.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 HANetf The Travel UCITS ETF (TRIP.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

ITEK.L is traded in USD, while TRIP.L is traded in GBp. To make them comparable, the TRIP.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 higher than TRIP.L's -3.93% 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*: —

TRIP.L

• 1D: 0.48%
• 1M: 6.00%
• YTD: -3.93%
• 6M: 2.16%
• 1Y: 13.57%
• 3Y*: 16.92%
• 5Y*: —
• 10Y*: —

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

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

	2026 (YTD)	2025	2024	2023	2022	2021
ITEK.L HAN-GINS Tech Megatrend Equal Weight UCITS ETF	24.28%	18.69%	12.39%	51.33%	-45.52%	0.43%
TRIP.L HANetf The Travel UCITS ETF	-3.93%	18.47%	26.32%	30.10%	-19.22%	-39.22%

Correlation

The correlation between ITEK.L and TRIP.L is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.45
Correlation (3Y) Calculated over the trailing 3-year period	0.55
Correlation (All Time) Calculated using the full available price history since Jun 7, 2021	0.58

The correlation between ITEK.L and TRIP.L shifts across timeframes, from 0.45 (1 year) to 0.58 (all time), reflecting how their relationship changes across market environments.

ITEK.L vs. TRIP.L - Sectors Allocation Comparison

Sectors	ITEK.L	TRIP.L
Technology	43.4%	2.6%
Communication Services	16.7%	-
Industrials	12.0%	46.7%
Healthcare	9.2%	-
Consumer Cyclical	9.0%	50.6%
Financial Services	8.5%	-
Basic Materials	1.3%	-
Consumer Defensive	-	-
Energy	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

ITEK.L vs. TRIP.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

TRIP.L

TRIP.L Risk / Return Rank: 17
TRIP.L Sharpe Ratio Rank: 13
TRIP.L Sortino Ratio Rank: 18
TRIP.L Omega Ratio Rank: 25
TRIP.L Calmar Ratio Rank: 15
TRIP.L Martin Ratio Rank: 12

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. TRIP.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 HANetf The Travel UCITS ETF (TRIP.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	TRIP.L	Difference
Sharpe ratio: Return per unit of total volatility	1.84	0.28	+1.56
Sortino ratio: Return per unit of downside risk	2.55	0.84	+1.71
Omega ratio: Gain probability vs. loss probability	1.31	1.15	+0.16
Calmar ratio: Return relative to maximum drawdown	2.03	0.45	+1.58
Martin ratio: Return relative to average drawdown	5.05	0.74	+4.32
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ITEK.L vs. TRIP.L - Sharpe Ratio Comparison

The current ITEK.L Sharpe Ratio is 1.84, which is higher than the TRIP.L Sharpe Ratio of 0.28. The chart below compares the historical Sharpe Ratios of ITEK.L and TRIP.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

	ITEK.L	TRIP.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.84	0.28	+1.56
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	-0.04	+0.60

Drawdowns

ITEK.L vs. TRIP.L - Drawdown Comparison

The maximum ITEK.L drawdown since its inception was -54.15%, smaller than the maximum TRIP.L drawdown of -58.04%. Use the drawdown chart below to compare losses from any high point for ITEK.L and TRIP.L.

Drawdown Indicators

	ITEK.L	TRIP.L	Difference
Max Drawdown Largest peak-to-trough decline	-54.15%	-58.04%	+3.89%
Max Drawdown (1Y) Largest decline over 1 year	-21.74%	-29.75%	+8.01%
Max Drawdown (3Y) Largest decline over 3 years	-28.11%	-31.76%	+3.65%
Max Drawdown (5Y) Largest decline over 5 years	-53.31%	—	—
Current Drawdown Current decline from peak	-1.88%	-22.40%	+20.52%
Average Drawdown Average peak-to-trough decline	-19.45%	-35.16%	+15.71%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.77%	18.40%	-9.63%

Volatility

ITEK.L vs. TRIP.L - Volatility Comparison

HAN-GINS Tech Megatrend Equal Weight UCITS ETF (ITEK.L) has a higher volatility of 8.72% compared to HANetf The Travel UCITS ETF (TRIP.L) at 7.82%. This indicates that ITEK.L's price experiences larger fluctuations and is considered to be riskier than TRIP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ITEK.L	TRIP.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.72%	7.82%	+0.90%
Volatility (6M) Calculated over the trailing 6-month period	18.45%	18.86%	-0.41%
Volatility (1Y) Calculated over the trailing 1-year period	24.14%	48.67%	-24.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.18%	40.90%	-13.72%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.72%	40.90%	-14.18%

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

ITEK.L has a 0.59% expense ratio, which is lower than TRIP.L's 0.69% expense ratio.

Dividends

ITEK.L vs. TRIP.L - Dividend Comparison

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

Tickers have no history of dividend payments

Frequently Asked Questions

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

ITEK.L and TRIP.L have a correlation of 0.45, 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 TRIP.L?

On fees, ITEK.L is cheaper at 0.59% per year. The better choice depends on whether you care most about return, fees, risk, or income.

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

ITEK.L is cheaper with a 0.59% expense ratio, compared with 0.69% for TRIP.L.

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

ITEK.L is categorized as Technology Equities, while TRIP.L is Consumer Staples Equities. ITEK.L tracks Solactive Innovative Technologies Index, while TRIP.L tracks Cat 50%MSCI Wld/CD NR&50%MSCI Wld/CS NR. Their fees differ too: 0.59% for ITEK.L and 0.69% for TRIP.L.