IUIT.L vs. IBIT
IUIT.L (iShares S&P 500 Information Technology Sector UCITS ETF) and IBIT (iShares Bitcoin Trust ETF) are both exchange-traded funds - IUIT.L is a Technology Equities fund tracking the S&P 500 Capped 35/20 Information Technology Index, while IBIT is a Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant. Both are passively managed. Over the past year, IUIT.L returned 46.28% vs -39.44% for IBIT. At a 0.22 correlation, their price movements are largely independent. IUIT.L charges 0.15%/yr vs 0.25%/yr for IBIT.
Performance
IUIT.L vs. IBIT - Performance Comparison
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Returns By Period
In the year-to-date period, IUIT.L achieves a 18.82% return, which is significantly higher than IBIT's -27.71% 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%
IBIT
- 1D
- 5.13%
- 1M
- -21.03%
- YTD
- -27.71%
- 6M
- -30.34%
- 1Y
- -39.44%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IUIT.L vs. IBIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
IUIT.L iShares S&P 500 Information Technology Sector UCITS ETF | 18.82% | 22.93% | 40.26% |
IBIT iShares Bitcoin Trust ETF | -27.71% | -6.41% | 89.87% |
Correlation
The correlation between IUIT.L and IBIT is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.36 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024 | 0.22 |
The correlation between IUIT.L and IBIT shifts across timeframes, from 0.22 (all time) to 0.36 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
IUIT.L vs. IBIT — Risk / Return Rank
IUIT.L
IBIT
IUIT.L vs. IBIT - 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 Bitcoin Trust ETF (IBIT). 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 | IBIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.14 | ||
| Sortino ratioReturn per unit of downside risk | +4.23 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 0.86 | +0.51 |
| Calmar ratioReturn relative to maximum drawdown | 2.70 | -0.76 | +3.46 |
| Martin ratioReturn relative to average drawdown | 7.98 | -1.36 | +9.34 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| IUIT.L | IBIT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.24 | -0.90 | +3.14 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.98 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.17 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.10 | 0.26 | +0.83 |
Drawdowns
IUIT.L vs. IBIT - Drawdown Comparison
The maximum IUIT.L drawdown since its inception was -33.46%, smaller than the maximum IBIT drawdown of -52.11%. Use the drawdown chart below to compare losses from any high point for IUIT.L and IBIT.
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Drawdown Indicators
| IUIT.L | IBIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.46% | -52.11% | +18.65% |
Max Drawdown (1Y)Largest decline over 1 year | -17.03% | -52.11% | +35.08% |
Max Drawdown (3Y)Largest decline over 3 years | -26.40% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -33.46% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -33.46% | — | — |
Current DrawdownCurrent decline from peak | -6.46% | -49.66% | +43.20% |
Average DrawdownAverage peak-to-trough decline | -5.89% | -16.19% | +10.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.78% | 28.97% | -23.19% |
Volatility
IUIT.L vs. IBIT - Volatility Comparison
The current volatility for iShares S&P 500 Information Technology Sector UCITS ETF (IUIT.L) is 8.10%, while iShares Bitcoin Trust ETF (IBIT) has a volatility of 11.85%. This indicates that IUIT.L experiences smaller price fluctuations and is considered to be less risky than IBIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IUIT.L | IBIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.10% | 11.85% | -3.75% |
Volatility (6M)Calculated over the trailing 6-month period | 15.91% | 34.60% | -18.69% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.58% | 44.28% | -23.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.65% | 50.32% | -26.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.22% | 50.32% | -28.10% |
IUIT.L vs. IBIT - Expense Ratio Comparison
IUIT.L has a 0.15% expense ratio, which is lower than IBIT's 0.25% expense ratio. Despite the difference, 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. IBIT - Dividend Comparison
Neither IUIT.L nor IBIT has paid dividends to shareholders.
Frequently Asked Questions
IUIT.L and IBIT have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IUIT.L is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IUIT.L is cheaper with a 0.15% expense ratio, compared with 0.25% for IBIT.
IUIT.L is categorized as Technology Equities, while IBIT is Cryptocurrency. IUIT.L tracks S&P 500 Capped 35/20 Information Technology Index, while IBIT tracks CME CF Bitcoin Reference Rate - New York Variant. Their fees differ too: 0.15% for IUIT.L and 0.25% for IBIT.
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