LOCK.L vs. IHAK
Compare and contrast key facts about iShares Digital Security UCITS ETF USD Acc (LOCK.L) and iShares Cybersecurity & Tech ETF (IHAK).
LOCK.L and IHAK are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. LOCK.L is a passively managed fund by iShares that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on Sep 7, 2018. IHAK is a passively managed fund by iShares that tracks the performance of the NYSE FactSet Global Cyber Security Index. It was launched on Jun 11, 2019. Both LOCK.L and IHAK 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: LOCK.L or IHAK.
Key characteristics
| LOCK.L | IHAK | |
|---|---|---|
| YTD Return | 8.94% | 5.30% |
| 1Y Return | 22.08% | 22.17% |
| 3Y Return (Ann) | 1.54% | 2.37% |
| 5Y Return (Ann) | 10.62% | 14.04% |
| Sharpe Ratio | 1.25 | 1.12 |
| Daily Std Dev | 17.78% | 18.23% |
| Max Drawdown | -36.04% | -34.42% |
| Current Drawdown | -0.59% | -3.22% |
Correlation
The correlation between LOCK.L and IHAK is 0.60, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
LOCK.L vs. IHAK - Performance Comparison
In the year-to-date period, LOCK.L achieves a 8.94% return, which is significantly higher than IHAK's 5.30% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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LOCK.L vs. IHAK - Expense Ratio Comparison
LOCK.L has a 0.40% expense ratio, which is lower than IHAK's 0.47% expense ratio.
Risk-Adjusted Performance
LOCK.L vs. IHAK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Digital Security UCITS ETF USD Acc (LOCK.L) and iShares Cybersecurity & Tech ETF (IHAK). 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
LOCK.L vs. IHAK - Dividend Comparison
LOCK.L has not paid dividends to shareholders, while IHAK's dividend yield for the trailing twelve months is around 0.10%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
LOCK.L iShares Digital Security UCITS ETF USD Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IHAK iShares Cybersecurity & Tech ETF | 0.10% | 0.13% | 0.25% | 0.50% | 0.40% | 0.49% |
Drawdowns
LOCK.L vs. IHAK - Drawdown Comparison
The maximum LOCK.L drawdown since its inception was -36.04%, roughly equal to the maximum IHAK drawdown of -34.42%. Use the drawdown chart below to compare losses from any high point for LOCK.L and IHAK. For additional features, visit the drawdowns tool.
Volatility
LOCK.L vs. IHAK - Volatility Comparison
iShares Digital Security UCITS ETF USD Acc (LOCK.L) and iShares Cybersecurity & Tech ETF (IHAK) have volatilities of 4.50% and 4.52%, 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.