IUIT.L vs. EQQQ.DE
Compare and contrast key facts about iShares S&P 500 Information Technology Sector UCITS ETF (IUIT.L) and Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.DE).
IUIT.L and EQQQ.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IUIT.L is a passively managed fund by iShares that tracks the performance of the S&P 500 Capped 35/20 Information Technology Index. It was launched on Nov 20, 2015. EQQQ.DE is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Dec 2, 2002. Both IUIT.L and EQQQ.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IUIT.L or EQQQ.DE.
Performance
IUIT.L vs. EQQQ.DE - Performance Comparison
Returns By Period
In the year-to-date period, IUIT.L achieves a 32.97% return, which is significantly higher than EQQQ.DE's 27.33% return.
IUIT.L
32.97%
-0.54%
15.43%
40.07%
24.65%
N/A
EQQQ.DE
27.33%
3.62%
13.87%
34.11%
21.13%
19.61%
Key characteristics
| IUIT.L | EQQQ.DE | |
|---|---|---|
| Sharpe Ratio | 1.87 | 2.03 |
| Sortino Ratio | 2.50 | 2.70 |
| Omega Ratio | 1.33 | 1.38 |
| Calmar Ratio | 2.63 | 2.53 |
| Martin Ratio | 8.77 | 8.37 |
| Ulcer Index | 4.39% | 4.06% |
| Daily Std Dev | 20.61% | 16.62% |
| Max Drawdown | -33.46% | -47.04% |
| Current Drawdown | -2.60% | -2.52% |
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IUIT.L vs. EQQQ.DE - Expense Ratio Comparison
IUIT.L has a 0.15% expense ratio, which is lower than EQQQ.DE's 0.30% expense ratio.
Correlation
The correlation between IUIT.L and EQQQ.DE is 0.90, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
IUIT.L vs. EQQQ.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares S&P 500 Information Technology Sector UCITS ETF (IUIT.L) and Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.DE). 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.
Dividends
IUIT.L vs. EQQQ.DE - Dividend Comparison
IUIT.L has not paid dividends to shareholders, while EQQQ.DE's dividend yield for the trailing twelve months is around 0.39%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IUIT.L iShares S&P 500 Information Technology Sector UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EQQQ.DE Invesco EQQQ NASDAQ-100 UCITS ETF | 0.39% | 0.39% | 0.57% | 0.25% | 0.41% | 0.54% | 0.64% | 0.68% | 0.78% | 0.73% | 0.97% | 0.94% |
Drawdowns
IUIT.L vs. EQQQ.DE - Drawdown Comparison
The maximum IUIT.L drawdown since its inception was -33.46%, smaller than the maximum EQQQ.DE drawdown of -47.04%. Use the drawdown chart below to compare losses from any high point for IUIT.L and EQQQ.DE. For additional features, visit the drawdowns tool.
Volatility
IUIT.L vs. EQQQ.DE - Volatility Comparison
iShares S&P 500 Information Technology Sector UCITS ETF (IUIT.L) has a higher volatility of 6.03% compared to Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.DE) at 5.05%. This indicates that IUIT.L's price experiences larger fluctuations and is considered to be riskier than EQQQ.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.