METP.L vs. IITU.L
METP.L (HANetf ETC Group Global Metaverse UCITS ETF) and IITU.L (iShares S&P 500 Information Technology Sector UCITS ETF USD (Acc)) are both Technology Equities funds - METP.L tracks the MSCI World/Information Tech NR USD while IITU.L tracks the S&P 500 Capped 35/20 Information Technology Index. Both are passively managed. Over the past year, METP.L returned -3.64% vs 53.38% for IITU.L. A 0.65 correlation means they provide meaningful diversification when combined. METP.L charges 0.65%/yr vs 0.15%/yr for IITU.L.
Performance
METP.L vs. IITU.L - Performance Comparison
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Returns By Period
In the year-to-date period, METP.L achieves a -8.08% return, which is significantly lower than IITU.L's 23.25% return.
METP.L
- 1D
- -5.28%
- 1M
- 4.65%
- YTD
- -8.08%
- 6M
- -14.44%
- 1Y
- -3.64%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IITU.L
- 1D
- -2.08%
- 1M
- 14.24%
- YTD
- 23.25%
- 6M
- 22.00%
- 1Y
- 53.38%
- 3Y*
- 30.94%
- 5Y*
- 25.50%
- 10Y*
- 27.26%
METP.L vs. IITU.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
METP.L HANetf ETC Group Global Metaverse UCITS ETF | -8.08% | 21.88% |
IITU.L iShares S&P 500 Information Technology Sector UCITS ETF USD (Acc) | 23.25% | 42.45% |
Correlation
The correlation between METP.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 (All Time) Calculated using the full available price history since Apr 29, 2025 | 0.65 |
The correlation between METP.L and IITU.L has been stable across timeframes, ranging from 0.65 to 0.65 - a consistent structural relationship.
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Return for Risk
METP.L vs. IITU.L — Risk / Return Rank
METP.L
IITU.L
METP.L vs. IITU.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for HANetf ETC Group Global Metaverse UCITS ETF (METP.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.
| METP.L | IITU.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.78 | ||
| Sortino ratioReturn per unit of downside risk | -3.17 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.44 | -0.40 |
| Calmar ratioReturn relative to maximum drawdown | -0.07 | 3.17 | -3.24 |
| Martin ratioReturn relative to average drawdown | -0.12 | 8.17 | -8.29 |
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
| METP.L | IITU.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.07 | 2.71 | -2.78 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 1.16 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 1.28 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.21 | 1.23 | -1.01 |
Drawdowns
METP.L vs. IITU.L - Drawdown Comparison
The maximum METP.L drawdown since its inception was -53.17%, which is greater than IITU.L's maximum drawdown of -28.03%. Use the drawdown chart below to compare losses from any high point for METP.L and IITU.L.
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Drawdown Indicators
| METP.L | IITU.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.17% | -28.03% | -25.14% |
Max Drawdown (1Y)Largest decline over 1 year | -53.17% | -16.76% | -36.41% |
Max Drawdown (3Y)Largest decline over 3 years | — | -28.03% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -28.03% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -28.03% | — |
Current DrawdownCurrent decline from peak | -42.94% | -2.89% | -40.05% |
Average DrawdownAverage peak-to-trough decline | -23.16% | -5.14% | -18.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 31.91% | 6.51% | +25.40% |
Volatility
METP.L vs. IITU.L - Volatility Comparison
HANetf ETC Group Global Metaverse UCITS ETF (METP.L) has a higher volatility of 10.24% compared to iShares S&P 500 Information Technology Sector UCITS ETF USD (Acc) (IITU.L) at 7.01%. This indicates that METP.L's price experiences larger fluctuations and is considered to be riskier than IITU.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| METP.L | IITU.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.24% | 7.01% | +3.23% |
Volatility (6M)Calculated over the trailing 6-month period | 20.43% | 14.45% | +5.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 52.25% | 19.60% | +32.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 51.09% | 21.94% | +29.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 51.09% | 21.31% | +29.78% |
METP.L vs. IITU.L - Expense Ratio Comparison
METP.L has a 0.65% expense ratio, which is higher than IITU.L's 0.15% expense ratio.
Dividends
METP.L vs. IITU.L - Dividend Comparison
Neither METP.L nor IITU.L has paid dividends to shareholders.
Frequently Asked Questions
METP.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.
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.
IITU.L is cheaper with a 0.15% expense ratio, compared with 0.65% for METP.L.
METP.L tracks MSCI World/Information Tech NR USD, while IITU.L tracks S&P 500 Capped 35/20 Information Technology Index. They also come from different issuers: HANetf and iShares. Their fees differ too: 0.65% for METP.L and 0.15% for IITU.L.
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