MAMG.L vs. IITU.L

Last updated Jun 4, 2026

MAMG.L (BlackRock ESG Multi-Asset Moderate Portfolio UCITS ETF GBP Hedged (Acc)) and IITU.L (iShares S&P 500 Information Technology Sector UCITS ETF USD (Acc)) are both exchange-traded funds - MAMG.L is a Diversified Portfolio fund tracking the Morningstar UK Mod Tgt Alloc NR GBP, 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, MAMG.L returned 5.57%/yr vs 26.03%/yr for IITU.L. A 0.64 correlation means they provide meaningful diversification when combined. MAMG.L charges 0.25%/yr vs 0.15%/yr for IITU.L.

Performance

MAMG.L vs. IITU.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in BlackRock ESG Multi-Asset Moderate Portfolio UCITS ETF GBP Hedged (Acc) (MAMG.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.

Different Trading Currencies

MAMG.L is traded in GBP, while IITU.L is traded in GBp. To make them comparable, the IITU.L values have been converted to GBP using the latest available exchange rates.

Returns By Period

In the year-to-date period, MAMG.L achieves a 7.26% return, which is significantly lower than IITU.L's 25.87% return.

MAMG.L

• 1D: -0.31%
• 1M: 3.38%
• YTD: 7.26%
• 6M: 7.99%
• 1Y: 16.42%
• 3Y*: 11.20%
• 5Y*: 5.57%
• 10Y*: —

IITU.L

• 1D: -0.83%
• 1M: 18.53%
• YTD: 25.87%
• 6M: 24.64%
• 1Y: 56.89%
• 3Y*: 32.15%
• 5Y*: 26.03%
• 10Y*: 27.67%

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

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

	2026 (YTD)	2025	2024	2023	2022	2021	2020
MAMG.L BlackRock ESG Multi-Asset Moderate Portfolio UCITS ETF GBP Hedged (Acc)	7.26%	8.95%	11.42%	9.97%	-14.53%	12.19%	4.77%
IITU.L iShares S&P 500 Information Technology Sector UCITS ETF USD (Acc)	25.87%	14.44%	40.85%	50.70%	-20.63%	35.67%	6.87%

Correlation

The correlation between MAMG.L and IITU.L is 0.65, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.65
Correlation (3Y) Calculated over the trailing 3-year period	0.59
Correlation (5Y) Calculated over the trailing 5-year period	0.63
Correlation (All Time) Calculated using the full available price history since Sep 17, 2020	0.64

The correlation between MAMG.L and IITU.L has been stable across timeframes, ranging from 0.59 to 0.65 - a consistent structural relationship.

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

Sectors	MAMG.L	IITU.L
Technology	32.0%	99.6%
Financial Services	14.9%	-
Industrials	10.5%	0.0%
Consumer Cyclical	9.2%	-
Communication Services	9.1%	-
Healthcare	8.4%	-
Utilities	3.9%	-
Consumer Defensive	3.9%	-
Energy	3.4%	0.1%
Basic Materials	2.8%	-
Real Estate	2.1%	-

Return for Risk

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

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

MAMG.L

MAMG.L Risk / Return Rank: 76
MAMG.L Sharpe Ratio Rank: 75
MAMG.L Sortino Ratio Rank: 83
MAMG.L Omega Ratio Rank: 79
MAMG.L Calmar Ratio Rank: 65
MAMG.L Martin Ratio Rank: 76

IITU.L

IITU.L Risk / Return Rank: 73
IITU.L Sharpe Ratio Rank: 86
IITU.L Sortino Ratio Rank: 80
IITU.L Omega Ratio Rank: 78
IITU.L Calmar Ratio Rank: 67
IITU.L Martin Ratio Rank: 51

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.

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

This table presents a comparison of risk-adjusted performance metrics for BlackRock ESG Multi-Asset Moderate Portfolio UCITS ETF GBP Hedged (Acc) (MAMG.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.

	MAMG.L	IITU.L	Difference
Sharpe ratio: Return per unit of total volatility	2.42	2.91	-0.49
Sortino ratio: Return per unit of downside risk	3.72	3.68	+0.03
Omega ratio: Gain probability vs. loss probability	1.47	1.48	-0.01
Calmar ratio: Return relative to maximum drawdown	3.17	3.38	-0.21
Martin ratio: Return relative to average drawdown	14.52	8.71	+5.81
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

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

The current MAMG.L Sharpe Ratio is 2.42, which is comparable to the IITU.L Sharpe Ratio of 2.91. The chart below compares the historical Sharpe Ratios of MAMG.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.

Sharpe Ratios by Period

	MAMG.L	IITU.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.42	2.91	-0.49
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.69	1.19	-0.49
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	1.30	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.82	1.24	-0.42

Drawdowns

MAMG.L vs. IITU.L - Drawdown Comparison

The maximum MAMG.L drawdown since its inception was -17.55%, smaller than the maximum IITU.L drawdown of -28.03%. Use the drawdown chart below to compare losses from any high point for MAMG.L and IITU.L.

Drawdown Indicators

	MAMG.L	IITU.L	Difference
Max Drawdown Largest peak-to-trough decline	-17.55%	-28.03%	+10.48%
Max Drawdown (1Y) Largest decline over 1 year	-5.15%	-16.76%	+11.61%
Max Drawdown (3Y) Largest decline over 3 years	-10.42%	-28.03%	+17.61%
Max Drawdown (5Y) Largest decline over 5 years	-17.55%	-28.03%	+10.48%
Max Drawdown (10Y) Largest decline over 10 years	—	-28.03%	—
Current Drawdown Current decline from peak	-0.31%	-0.83%	+0.52%
Average Drawdown Average peak-to-trough decline	-4.74%	-5.14%	+0.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.13%	6.51%	-5.38%

Volatility

MAMG.L vs. IITU.L - Volatility Comparison

The current volatility for BlackRock ESG Multi-Asset Moderate Portfolio UCITS ETF GBP Hedged (Acc) (MAMG.L) is 2.87%, while iShares S&P 500 Information Technology Sector UCITS ETF USD (Acc) (IITU.L) has a volatility of 6.45%. This indicates that MAMG.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

	MAMG.L	IITU.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.87%	6.45%	-3.58%
Volatility (6M) Calculated over the trailing 6-month period	5.64%	14.27%	-8.63%
Volatility (1Y) Calculated over the trailing 1-year period	6.77%	19.57%	-12.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.02%	21.93%	-13.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.04%	21.31%	-13.27%

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

MAMG.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

MAMG.L vs. IITU.L - Dividend Comparison

Neither MAMG.L nor IITU.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

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

MAMG.L and IITU.L have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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

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

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

MAMG.L is categorized as Diversified Portfolio, while IITU.L is Technology Equities. MAMG.L tracks Morningstar UK Mod Tgt Alloc NR GBP, while IITU.L tracks S&P 500 Capped 35/20 Information Technology Index. Their fees differ too: 0.25% for MAMG.L and 0.15% for IITU.L.