IUIT.L vs. SXLK.AS
Compare and contrast key facts about iShares S&P 500 Information Technology Sector UCITS ETF (IUIT.L) and SPDR S&P U.S. Technology Select Sector UCITS ETF (SXLK.AS).
IUIT.L and SXLK.AS 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. SXLK.AS is a passively managed fund by State Street that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on Jul 7, 2015. Both IUIT.L and SXLK.AS 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 SXLK.AS.
Correlation
The correlation between IUIT.L and SXLK.AS is 0.78, 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.
Performance
IUIT.L vs. SXLK.AS - Performance Comparison
Key characteristics
IUIT.L:
1.11
SXLK.AS:
0.79
IUIT.L:
1.57
SXLK.AS:
1.15
IUIT.L:
1.21
SXLK.AS:
1.16
IUIT.L:
1.69
SXLK.AS:
1.02
IUIT.L:
5.41
SXLK.AS:
3.16
IUIT.L:
4.57%
SXLK.AS:
5.26%
IUIT.L:
22.11%
SXLK.AS:
20.98%
IUIT.L:
-33.46%
SXLK.AS:
-34.44%
IUIT.L:
-6.04%
SXLK.AS:
-4.88%
Returns By Period
In the year-to-date period, IUIT.L achieves a -4.17% return, which is significantly lower than SXLK.AS's -2.59% return.
IUIT.L
-4.17%
-3.64%
14.26%
24.57%
21.24%
N/A
SXLK.AS
-2.59%
-3.31%
19.88%
18.21%
19.60%
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
IUIT.L vs. SXLK.AS - Expense Ratio Comparison
Both IUIT.L and SXLK.AS 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%.
Risk-Adjusted Performance
IUIT.L vs. SXLK.AS — Risk-Adjusted Performance Rank
IUIT.L
SXLK.AS
IUIT.L vs. SXLK.AS - 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 SPDR S&P U.S. Technology Select Sector UCITS ETF (SXLK.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.
Dividends
IUIT.L vs. SXLK.AS - Dividend Comparison
Neither IUIT.L nor SXLK.AS has paid dividends to shareholders.
Drawdowns
IUIT.L vs. SXLK.AS - Drawdown Comparison
The maximum IUIT.L drawdown since its inception was -33.46%, roughly equal to the maximum SXLK.AS drawdown of -34.44%. Use the drawdown chart below to compare losses from any high point for IUIT.L and SXLK.AS. For additional features, visit the drawdowns tool.
Volatility
IUIT.L vs. SXLK.AS - Volatility Comparison
iShares S&P 500 Information Technology Sector UCITS ETF (IUIT.L) and SPDR S&P U.S. Technology Select Sector UCITS ETF (SXLK.AS) have volatilities of 9.55% and 9.15%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.