LDEG.L vs. IITU.L

Last updated Jun 13, 2026

LDEG.L (L&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF) and IITU.L (iShares S&P 500 Information Technology Sector UCITS ETF USD (Acc)) are both exchange-traded funds - LDEG.L is a Europe Equities fund tracking the MSCI Europe Ex UK NR EUR, while IITU.L is a Technology Equities fund tracking the S&P 500 Capped 35/20 Information Technology Index. Both are passively managed. Over the past 5 years, LDEG.L returned 16.40%/yr vs 23.93%/yr for IITU.L. At a 0.37 correlation, their price movements are largely independent. LDEG.L charges 0.25%/yr vs 0.15%/yr for IITU.L.

Performance

LDEG.L vs. IITU.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in L&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF (LDEG.L) and iShares S&P 500 Information Technology Sector UCITS ETF USD (Acc) (IITU.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LDEG.L achieves a 12.38% return, which is significantly lower than IITU.L's 17.69% return.

LDEG.L

• 1D: 1.47%
• 1M: 2.68%
• YTD: 12.38%
• 6M: 14.78%
• 1Y: 31.37%
• 3Y*: 24.60%
• 5Y*: 16.40%
• 10Y*: —

IITU.L

• 1D: 2.47%
• 1M: 2.28%
• YTD: 17.69%
• 6M: 18.41%
• 1Y: 44.34%
• 3Y*: 28.72%
• 5Y*: 23.93%
• 10Y*: 26.66%

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

LDEG.L vs. IITU.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
LDEG.L L&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF	12.38%	44.91%	8.81%	14.31%	1.91%	-8.28%
IITU.L iShares S&P 500 Information Technology Sector UCITS ETF USD (Acc)	17.69%	14.44%	40.85%	50.70%	-20.63%	26.26%

Correlation

The correlation between LDEG.L and IITU.L 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 (3Y) Calculated over the trailing 3-year period	0.29
Correlation (5Y) Calculated over the trailing 5-year period	0.37
Correlation (All Time) Calculated using the full available price history since Apr 12, 2021	0.37

LDEG.L vs. IITU.L - Sectors Allocation Comparison

Sectors	LDEG.L	IITU.L
Financial Services	41.5%	-
Industrials	15.8%	0.0%
Basic Materials	9.9%	-
Utilities	8.2%	-
Energy	7.7%	0.1%
Communication Services	5.2%	-
Healthcare	3.4%	-
Consumer Cyclical	3.3%	-
Consumer Defensive	3.1%	-
Technology	2.0%	99.6%
Real Estate	-	-

Return for Risk

LDEG.L vs. IITU.L — Risk / Return Rank

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

LDEG.L

LDEG.L Risk / Return Rank: 86
LDEG.L Sharpe Ratio Rank: 90
LDEG.L Sortino Ratio Rank: 89
LDEG.L Omega Ratio Rank: 88
LDEG.L Calmar Ratio Rank: 83
LDEG.L Martin Ratio Rank: 82

IITU.L

IITU.L Risk / Return Rank: 66
IITU.L Sharpe Ratio Rank: 79
IITU.L Sortino Ratio Rank: 73
IITU.L Omega Ratio Rank: 71
IITU.L Calmar Ratio Rank: 60
IITU.L Martin Ratio Rank: 47

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.

LDEG.L vs. IITU.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for L&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF (LDEG.L) and iShares S&P 500 Information Technology Sector UCITS ETF USD (Acc) (IITU.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.

	LDEG.L	IITU.L	Difference
Sharpe ratio: Return per unit of total volatility	2.66	2.17	+0.50
Sortino ratio: Return per unit of downside risk	3.57	2.81	+0.76
Omega ratio: Gain probability vs. loss probability	1.48	1.36	+0.11
Calmar ratio: Return relative to maximum drawdown	3.89	2.63	+1.25
Martin ratio: Return relative to average drawdown	14.14	6.67	+7.47

LDEG.L vs. IITU.L - Sharpe Ratio Comparison

The current LDEG.L Sharpe Ratio is 2.66, which is comparable to the IITU.L Sharpe Ratio of 2.17. The chart below compares the historical Sharpe Ratios of LDEG.L and IITU.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

LDEG.L vs. IITU.L - Drawdown Comparison

The maximum LDEG.L drawdown since its inception was -21.96%, smaller than the maximum IITU.L drawdown of -41.09%. Use the drawdown chart below to compare losses from any high point for LDEG.L and IITU.L.

Drawdown Indicators

	LDEG.L	IITU.L	Difference
Max Drawdown Largest peak-to-trough decline	-21.96%	-41.09%	+19.13%
Max Drawdown (1Y) Largest decline over 1 year	-8.04%	-16.76%	+8.72%
Max Drawdown (3Y) Largest decline over 3 years	-12.05%	-28.03%	+15.98%
Max Drawdown (5Y) Largest decline over 5 years	-17.39%	-28.03%	+10.64%
Max Drawdown (10Y) Largest decline over 10 years	—	-28.03%	—
Current Drawdown Current decline from peak	0.00%	-7.27%	+7.27%
Average Drawdown Average peak-to-trough decline	-5.39%	-8.11%	+2.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.21%	6.63%	-4.42%

Volatility

LDEG.L vs. IITU.L - Volatility Comparison

The current volatility for L&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF (LDEG.L) is 3.50%, while iShares S&P 500 Information Technology Sector UCITS ETF USD (Acc) (IITU.L) has a volatility of 8.62%. This indicates that LDEG.L experiences smaller price fluctuations and is considered to be less risky than IITU.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LDEG.L	IITU.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.50%	8.62%	-5.12%
Volatility (6M) Calculated over the trailing 6-month period	9.36%	15.42%	-6.06%
Volatility (1Y) Calculated over the trailing 1-year period	11.73%	20.37%	-8.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.21%	26.20%	-11.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.22%	23.68%	-8.46%

LDEG.L vs. IITU.L - Expense Ratio Comparison

LDEG.L has a 0.25% expense ratio, which is higher than IITU.L's 0.15% 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

LDEG.L vs. IITU.L - Dividend Comparison

LDEG.L's dividend yield for the trailing twelve months is around 3.56%, while IITU.L has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021
IITU.L iShares S&P 500 Information Technology Sector UCITS ETF USD (Acc)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
LDEG.L L&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF	3.56%	3.42%	4.20%	4.10%	3.69%	3.06%

Frequently Asked Questions

Can I hold both LDEG.L and IITU.L in my portfolio?

LDEG.L and IITU.L 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.

Which ETF is better, LDEG.L or IITU.L?

On fees, IITU.L is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, LDEG.L or IITU.L?

IITU.L is cheaper with a 0.15% expense ratio, compared with 0.25% for LDEG.L.

What is the main difference between LDEG.L and IITU.L?

LDEG.L is categorized as Europe Equities, while IITU.L is Technology Equities. LDEG.L tracks MSCI Europe Ex UK NR EUR, while IITU.L tracks S&P 500 Capped 35/20 Information Technology Index. They also come from different issuers: Legal & General and iShares. Their fees differ too: 0.25% for LDEG.L and 0.15% for IITU.L.