IUCM.L vs. IUIS.L

Last updated Jun 26, 2026

IUCM.L (iShares S&P 500 Communication Sector UCITS ETF USD Acc) and IUIS.L (iShares S&P 500 Industrials Sector UCITS ETF USD (Acc)) are both exchange-traded funds - IUCM.L is a Communications Equities fund tracking the MSCI World/Comm Services NR USD, while IUIS.L is a S&P 500 fund tracking the S&P 500 Capped 35/20 Industrials Index. Both are passively managed. Over the past 5 years, IUCM.L returned 9.43%/yr vs 13.82%/yr for IUIS.L. A 0.54 correlation means they provide meaningful diversification when combined. Both charge a 0.15% expense ratio.

Performance

IUCM.L vs. IUIS.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares S&P 500 Communication Sector UCITS ETF USD Acc (IUCM.L) and iShares S&P 500 Industrials Sector UCITS ETF USD (Acc) (IUIS.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IUCM.L achieves a -5.30% return, which is significantly lower than IUIS.L's 18.44% return.

IUCM.L

• 1D: -1.47%
• 1M: -9.33%
• YTD: -5.30%
• 6M: -5.16%
• 1Y: 9.65%
• 3Y*: 24.32%
• 5Y*: 9.43%
• 10Y*: —

IUIS.L

• 1D: 1.50%
• 1M: 6.26%
• YTD: 18.44%
• 6M: 17.90%
• 1Y: 29.33%
• 3Y*: 22.60%
• 5Y*: 13.82%
• 10Y*: —

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

IUCM.L vs. IUIS.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
IUCM.L iShares S&P 500 Communication Sector UCITS ETF USD Acc	-5.30%	26.43%	38.96%	55.82%	-40.54%	22.36%	22.64%	30.83%	-10.48%
IUIS.L iShares S&P 500 Industrials Sector UCITS ETF USD (Acc)	18.44%	19.17%	17.53%	17.86%	-5.28%	20.71%	9.96%	28.50%	-17.56%

Correlation

The correlation between IUCM.L and IUIS.L is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.28
Correlation (3Y) Calculated over the trailing 3-year period	0.41
Correlation (5Y) Calculated over the trailing 5-year period	0.51
Correlation (All Time) Calculated using the full available price history since Sep 17, 2018	0.54

Over the past year, the correlation between IUCM.L and IUIS.L has dropped to 0.28 - well below their long-term average of 0.54, suggesting their price drivers have been diverging.

IUCM.L vs. IUIS.L - Sectors Allocation Comparison

Sectors	IUCM.L	IUIS.L
Communication Services	99.2%	-
Technology	0.6%	3.7%
Basic Materials	-	0.2%
Consumer Cyclical	-	0.5%
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Healthcare	-	-
Industrials	-	90.9%
Real Estate	-	-
Utilities	-	4.5%

Return for Risk

IUCM.L vs. IUIS.L — Risk / Return Rank

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

IUCM.L

IUCM.L Risk / Return Rank: 21
IUCM.L Sharpe Ratio Rank: 20
IUCM.L Sortino Ratio Rank: 20
IUCM.L Omega Ratio Rank: 18
IUCM.L Calmar Ratio Rank: 21
IUCM.L Martin Ratio Rank: 24

IUIS.L

IUIS.L Risk / Return Rank: 68
IUIS.L Sharpe Ratio Rank: 69
IUIS.L Sortino Ratio Rank: 76
IUIS.L Omega Ratio Rank: 64
IUIS.L Calmar Ratio Rank: 64
IUIS.L Martin Ratio Rank: 67

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.

IUCM.L vs. IUIS.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares S&P 500 Communication Sector UCITS ETF USD Acc (IUCM.L) and iShares S&P 500 Industrials Sector UCITS ETF USD (Acc) (IUIS.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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	IUCM.L	IUIS.L	Difference
Sharpe ratio: Return per unit of total volatility	0.64	1.97	-1.32
Sortino ratio: Return per unit of downside risk	1.05	2.96	-1.91
Omega ratio: Gain probability vs. loss probability	1.12	1.34	-0.22
Calmar ratio: Return relative to maximum drawdown	0.86	2.80	-1.94
Martin ratio: Return relative to average drawdown	2.91	10.76	-7.85

IUCM.L vs. IUIS.L - Sharpe Ratio Comparison

The current IUCM.L Sharpe Ratio is 0.64, which is lower than the IUIS.L Sharpe Ratio of 1.97. The chart below compares the historical Sharpe Ratios of IUCM.L and IUIS.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.

Drawdowns

IUCM.L vs. IUIS.L - Drawdown Comparison

The maximum IUCM.L drawdown since its inception was -47.32%, which is greater than IUIS.L's maximum drawdown of -42.18%. Use the drawdown chart below to compare losses from any high point for IUCM.L and IUIS.L.

Drawdown Indicators

	IUCM.L	IUIS.L	Difference
Max Drawdown Largest peak-to-trough decline	-47.32%	-42.18%	-5.14%
Max Drawdown (1Y) Largest decline over 1 year	-11.19%	-10.42%	-0.77%
Max Drawdown (3Y) Largest decline over 3 years	-18.81%	-19.63%	+0.82%
Max Drawdown (5Y) Largest decline over 5 years	-47.32%	-21.22%	-26.10%
Current Drawdown Current decline from peak	-11.19%	0.00%	-11.19%
Average Drawdown Average peak-to-trough decline	-10.18%	-5.07%	-5.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.31%	2.72%	+0.59%

Volatility

IUCM.L vs. IUIS.L - Volatility Comparison

iShares S&P 500 Communication Sector UCITS ETF USD Acc (IUCM.L) has a higher volatility of 5.94% compared to iShares S&P 500 Industrials Sector UCITS ETF USD (Acc) (IUIS.L) at 4.84%. This indicates that IUCM.L's price experiences larger fluctuations and is considered to be riskier than IUIS.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IUCM.L	IUIS.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.94%	4.84%	+1.10%
Volatility (6M) Calculated over the trailing 6-month period	11.52%	12.30%	-0.78%
Volatility (1Y) Calculated over the trailing 1-year period	14.96%	14.86%	+0.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.09%	17.36%	+2.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.34%	19.51%	+0.83%

IUCM.L vs. IUIS.L - Expense Ratio Comparison

Both IUCM.L and IUIS.L have an expense ratio of 0.15%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

IUCM.L vs. IUIS.L - Dividend Comparison

Neither IUCM.L nor IUIS.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both IUCM.L and IUIS.L in my portfolio?

IUCM.L and IUIS.L have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IUCM.L or IUIS.L?

Both ETFs have the same 0.15% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IUCM.L or IUIS.L?

IUCM.L and IUIS.L have the same expense ratio: 0.15% per year.

What is the main difference between IUCM.L and IUIS.L?

IUCM.L is categorized as Communications Equities, while IUIS.L is S&P 500. IUCM.L tracks MSCI World/Comm Services NR USD, while IUIS.L tracks S&P 500 Capped 35/20 Industrials Index.