ITEP.L vs. PIGI.L

Last updated Jun 5, 2026

ITEP.L (HAN-GINS Tech Megatrend Equal Weight UCITS ETF - Accumulating) and PIGI.L (HANetf Digital Infrastructure and Connectivity UCITS ETF) are both Technology Equities funds from HANetf tracking the MSCI World/Information Tech NR USD. Both are passively managed. Over the past year, ITEP.L returned 45.78% vs 15.64% for PIGI.L. A 0.57 correlation means they provide meaningful diversification when combined. ITEP.L charges 0.59%/yr vs 0.69%/yr for PIGI.L.

Performance

ITEP.L vs. PIGI.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in HAN-GINS Tech Megatrend Equal Weight UCITS ETF - Accumulating (ITEP.L) and HANetf Digital Infrastructure and Connectivity UCITS ETF (PIGI.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ITEP.L achieves a 24.59% return, which is significantly higher than PIGI.L's 6.14% return.

ITEP.L

• 1D: 0.34%
• 1M: 15.22%
• YTD: 24.59%
• 6M: 19.79%
• 1Y: 45.78%
• 3Y*: 21.96%
• 5Y*: 7.67%
• 10Y*: —

PIGI.L

• 1D: -0.07%
• 1M: 2.12%
• YTD: 6.14%
• 6M: 6.47%
• 1Y: 15.64%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ITEP.L vs. PIGI.L - Yearly Performance Comparison

	2026 (YTD)	2025
ITEP.L HAN-GINS Tech Megatrend Equal Weight UCITS ETF - Accumulating	24.59%	29.99%
PIGI.L HANetf Digital Infrastructure and Connectivity UCITS ETF	6.14%	12.66%

Correlation

The correlation between ITEP.L and PIGI.L is 0.56, 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	0.56
Correlation (All Time) Calculated using the full available price history since Apr 29, 2025	0.57

The correlation between ITEP.L and PIGI.L has been stable across timeframes, ranging from 0.56 to 0.57 - a consistent structural relationship.

ITEP.L vs. PIGI.L - Sectors Allocation Comparison

Sectors	ITEP.L	PIGI.L
Technology	45.1%	19.1%
Industrials	14.9%	13.0%
Communication Services	14.8%	11.5%
Financial Services	8.6%	8.6%
Healthcare	7.8%	17.3%
Consumer Cyclical	7.8%	6.8%
Basic Materials	1.0%	5.3%
Consumer Defensive	-	7.4%
Energy	-	4.9%
Real Estate	-	6.1%
Utilities	-	-

Return for Risk

ITEP.L vs. PIGI.L — Risk / Return Rank

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

ITEP.L

ITEP.L Risk / Return Rank: 50
ITEP.L Sharpe Ratio Rank: 61
ITEP.L Sortino Ratio Rank: 56
ITEP.L Omega Ratio Rank: 54
ITEP.L Calmar Ratio Rank: 44
ITEP.L Martin Ratio Rank: 33

PIGI.L

PIGI.L Risk / Return Rank: 56
PIGI.L Sharpe Ratio Rank: 57
PIGI.L Sortino Ratio Rank: 55
PIGI.L Omega Ratio Rank: 63
PIGI.L Calmar Ratio Rank: 53
PIGI.L Martin Ratio Rank: 52

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.

ITEP.L vs. PIGI.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for HAN-GINS Tech Megatrend Equal Weight UCITS ETF - Accumulating (ITEP.L) and HANetf Digital Infrastructure and Connectivity UCITS ETF (PIGI.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.

	ITEP.L	PIGI.L	Difference
Sharpe ratio: Return per unit of total volatility	2.02	1.91	+0.11
Sortino ratio: Return per unit of downside risk	2.64	2.62	+0.03
Omega ratio: Gain probability vs. loss probability	1.33	1.38	-0.04
Calmar ratio: Return relative to maximum drawdown	2.11	2.59	-0.48
Martin ratio: Return relative to average drawdown	4.90	8.80	-3.90
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ITEP.L vs. PIGI.L - Sharpe Ratio Comparison

The current ITEP.L Sharpe Ratio is 2.02, which is comparable to the PIGI.L Sharpe Ratio of 1.91. The chart below compares the historical Sharpe Ratios of ITEP.L and PIGI.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

	ITEP.L	PIGI.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.02	1.91	+0.11
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.31	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.64	2.09	-1.45

Drawdowns

ITEP.L vs. PIGI.L - Drawdown Comparison

The maximum ITEP.L drawdown since its inception was -47.84%, which is greater than PIGI.L's maximum drawdown of -6.15%. Use the drawdown chart below to compare losses from any high point for ITEP.L and PIGI.L.

Drawdown Indicators

	ITEP.L	PIGI.L	Difference
Max Drawdown Largest peak-to-trough decline	-47.84%	-6.15%	-41.69%
Max Drawdown (1Y) Largest decline over 1 year	-21.64%	-6.15%	-15.49%
Max Drawdown (3Y) Largest decline over 3 years	-29.42%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-47.84%	—	—
Current Drawdown Current decline from peak	-1.51%	-0.33%	-1.18%
Average Drawdown Average peak-to-trough decline	-18.55%	-1.17%	-17.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.32%	1.81%	+7.51%

Volatility

ITEP.L vs. PIGI.L - Volatility Comparison

HAN-GINS Tech Megatrend Equal Weight UCITS ETF - Accumulating (ITEP.L) has a higher volatility of 6.80% compared to HANetf Digital Infrastructure and Connectivity UCITS ETF (PIGI.L) at 1.33%. This indicates that ITEP.L's price experiences larger fluctuations and is considered to be riskier than PIGI.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ITEP.L	PIGI.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.80%	1.33%	+5.47%
Volatility (6M) Calculated over the trailing 6-month period	16.33%	6.15%	+10.18%
Volatility (1Y) Calculated over the trailing 1-year period	22.61%	8.36%	+14.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.09%	8.46%	+16.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.68%	8.46%	+18.22%

ITEP.L vs. PIGI.L - Expense Ratio Comparison

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

Dividends

ITEP.L vs. PIGI.L - Dividend Comparison

Neither ITEP.L nor PIGI.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both ITEP.L and PIGI.L in my portfolio?

ITEP.L and PIGI.L have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ITEP.L or PIGI.L?

On fees, ITEP.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, ITEP.L or PIGI.L?

ITEP.L is cheaper with a 0.59% expense ratio, compared with 0.69% for PIGI.L.

What is the main difference between ITEP.L and PIGI.L?

Both ETFs track MSCI World/Information Tech NR USD. Their fees differ too: 0.59% for ITEP.L and 0.69% for PIGI.L.