PCT.L vs. IITU.L
Compare and contrast key facts about Polar Capital Technology Trust (PCT.L) and iShares S&P 500 USD Information Technology Sector UCITS (IITU.L).
IITU.L is a passively managed fund by iShares that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on Nov 20, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PCT.L or IITU.L.
Key characteristics
PCT.L | IITU.L | |
---|---|---|
YTD Return | 12.14% | 20.64% |
1Y Return | 31.67% | 34.26% |
3Y Return (Ann) | 4.97% | 18.15% |
5Y Return (Ann) | 15.53% | 23.71% |
Sharpe Ratio | 1.48 | 1.68 |
Daily Std Dev | 21.12% | 20.18% |
Max Drawdown | -84.10% | -23.56% |
Current Drawdown | -15.53% | -9.87% |
Correlation
The correlation between PCT.L and IITU.L is 0.79, 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
PCT.L vs. IITU.L - Performance Comparison
In the year-to-date period, PCT.L achieves a 12.14% return, which is significantly lower than IITU.L's 20.64% 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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Risk-Adjusted Performance
PCT.L vs. IITU.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Polar Capital Technology Trust (PCT.L) and iShares S&P 500 USD Information Technology Sector UCITS (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.
Dividends
PCT.L vs. IITU.L - Dividend Comparison
Neither PCT.L nor IITU.L has paid dividends to shareholders.
Drawdowns
PCT.L vs. IITU.L - Drawdown Comparison
The maximum PCT.L drawdown since its inception was -84.10%, which is greater than IITU.L's maximum drawdown of -23.56%. Use the drawdown chart below to compare losses from any high point for PCT.L and IITU.L. For additional features, visit the drawdowns tool.
Volatility
PCT.L vs. IITU.L - Volatility Comparison
Polar Capital Technology Trust (PCT.L) has a higher volatility of 7.63% compared to iShares S&P 500 USD Information Technology Sector UCITS (IITU.L) at 7.04%. This indicates that PCT.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.