IUIT.L vs. CEMU.AS
IUIT.L (iShares S&P 500 Information Technology Sector UCITS ETF) and CEMU.AS (iShares Core MSCI EMU UCITS ETF EUR (Acc)) are both exchange-traded funds - IUIT.L is a Technology Equities fund tracking the S&P 500 Capped 35/20 Information Technology Index, while CEMU.AS is a Europe Equities fund tracking the MSCI EMU NR EUR. Both are passively managed. Over the past 10 years, IUIT.L returned 25.94%/yr vs 10.28%/yr for CEMU.AS. A 0.60 correlation means they provide meaningful diversification when combined. IUIT.L charges 0.15%/yr vs 0.12%/yr for CEMU.AS.
Performance
IUIT.L vs. CEMU.AS - Performance Comparison
Loading charts...
Different Trading Currencies
IUIT.L is traded in USD, while CEMU.AS is traded in EUR. To make them comparable, the CEMU.AS values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, IUIT.L achieves a 18.82% return, which is significantly higher than CEMU.AS's 7.43% return. Over the past 10 years, IUIT.L has outperformed CEMU.AS with an annualized return of 25.94%, while CEMU.AS has yielded a comparatively lower 10.28% annualized return.
IUIT.L
- 1D
- -0.20%
- 1M
- 3.97%
- YTD
- 18.82%
- 6M
- 17.07%
- 1Y
- 46.28%
- 3Y*
- 33.11%
- 5Y*
- 23.20%
- 10Y*
- 25.94%
CEMU.AS
- 1D
- 0.71%
- 1M
- 2.27%
- YTD
- 7.43%
- 6M
- 10.27%
- 1Y
- 19.70%
- 3Y*
- 19.28%
- 5Y*
- 9.59%
- 10Y*
- 10.28%
IUIT.L vs. CEMU.AS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IUIT.L iShares S&P 500 Information Technology Sector UCITS ETF | 18.82% | 22.93% | 38.51% | 59.45% | -29.15% | 34.09% | 43.14% | 48.83% | -1.41% | 37.94% |
CEMU.AS iShares Core MSCI EMU UCITS ETF EUR (Acc) | 7.43% | 41.13% | 3.27% | 22.39% | -17.01% | 14.73% | 8.27% | 22.65% | -15.93% | 28.59% |
Correlation
The correlation between IUIT.L and CEMU.AS is 0.55, 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 | 0.55 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.49 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.58 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.60 |
Correlation (All Time) Calculated using the full available price history since Nov 20, 2015 | 0.60 |
The correlation between IUIT.L and CEMU.AS shifts across timeframes, from 0.49 (3 years) to 0.60 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IUIT.L vs. CEMU.AS — Risk / Return Rank
IUIT.L
CEMU.AS
IUIT.L vs. CEMU.AS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares S&P 500 Information Technology Sector UCITS ETF (IUIT.L) and iShares Core MSCI EMU UCITS ETF EUR (Acc) (CEMU.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.
| IUIT.L | CEMU.AS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.04 | ||
| Sortino ratioReturn per unit of downside risk | +1.16 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.22 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 2.70 | 1.61 | +1.10 |
| Martin ratioReturn relative to average drawdown | 7.98 | 5.72 | +2.25 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| IUIT.L | CEMU.AS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.24 | 1.21 | +1.04 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.98 | 0.48 | +0.50 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.17 | 0.52 | +0.65 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.10 | 0.41 | +0.69 |
Drawdowns
IUIT.L vs. CEMU.AS - Drawdown Comparison
The maximum IUIT.L drawdown since its inception was -33.46%, smaller than the maximum CEMU.AS drawdown of -40.14%. Use the drawdown chart below to compare losses from any high point for IUIT.L and CEMU.AS.
Loading charts...
Drawdown Indicators
| IUIT.L | CEMU.AS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.46% | -40.14% | +6.68% |
Max Drawdown (1Y)Largest decline over 1 year | -17.03% | -12.28% | -4.75% |
Max Drawdown (3Y)Largest decline over 3 years | -26.40% | -15.10% | -11.30% |
Max Drawdown (5Y)Largest decline over 5 years | -33.46% | -35.94% | +2.48% |
Max Drawdown (10Y)Largest decline over 10 years | -33.46% | -40.14% | +6.68% |
Current DrawdownCurrent decline from peak | -6.46% | -0.83% | -5.63% |
Average DrawdownAverage peak-to-trough decline | -5.89% | -8.32% | +2.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.78% | 3.47% | +2.31% |
Volatility
IUIT.L vs. CEMU.AS - Volatility Comparison
iShares S&P 500 Information Technology Sector UCITS ETF (IUIT.L) has a higher volatility of 8.10% compared to iShares Core MSCI EMU UCITS ETF EUR (Acc) (CEMU.AS) at 5.10%. This indicates that IUIT.L's price experiences larger fluctuations and is considered to be riskier than CEMU.AS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IUIT.L | CEMU.AS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.10% | 5.10% | +3.00% |
Volatility (6M)Calculated over the trailing 6-month period | 15.91% | 13.64% | +2.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.58% | 16.36% | +4.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.65% | 19.55% | +4.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.22% | 19.46% | +2.76% |
IUIT.L vs. CEMU.AS - Expense Ratio Comparison
IUIT.L has a 0.15% expense ratio, which is higher than CEMU.AS's 0.12% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
IUIT.L vs. CEMU.AS - Dividend Comparison
Neither IUIT.L nor CEMU.AS has paid dividends to shareholders.
Frequently Asked Questions
IUIT.L and CEMU.AS have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CEMU.AS is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CEMU.AS is cheaper with a 0.12% expense ratio, compared with 0.15% for IUIT.L.
IUIT.L is categorized as Technology Equities, while CEMU.AS is Europe Equities. IUIT.L tracks S&P 500 Capped 35/20 Information Technology Index, while CEMU.AS tracks MSCI EMU NR EUR. Their fees differ too: 0.15% for IUIT.L and 0.12% for CEMU.AS.
Find the right allocation for IUIT.L and CEMU.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