PCT.L vs. IXN
Compare and contrast key facts about Polar Capital Technology Trust (PCT.L) and iShares Global Tech ETF (IXN).
IXN is a passively managed fund by iShares that tracks the performance of the S&P Global Information Technology Sector Index. It was launched on Nov 12, 2001.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PCT.L or IXN.
Key characteristics
| PCT.L | IXN | |
|---|---|---|
| YTD Return | 26.97% | 24.95% |
| 1Y Return | 43.57% | 37.86% |
| 3Y Return (Ann) | 7.40% | 11.35% |
| 5Y Return (Ann) | 17.73% | 21.73% |
| 10Y Return (Ann) | 20.11% | 19.57% |
| Sharpe Ratio | 1.93 | 1.78 |
| Sortino Ratio | 2.48 | 2.34 |
| Omega Ratio | 1.33 | 1.32 |
| Calmar Ratio | 2.04 | 2.27 |
| Martin Ratio | 5.72 | 7.31 |
| Ulcer Index | 7.24% | 5.24% |
| Daily Std Dev | 21.47% | 21.56% |
| Max Drawdown | -84.10% | -55.67% |
| Current Drawdown | -4.35% | -3.18% |
Correlation
The correlation between PCT.L and IXN is 0.44, 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
PCT.L vs. IXN - Performance Comparison
In the year-to-date period, PCT.L achieves a 26.97% return, which is significantly higher than IXN's 24.95% return. Both investments have delivered pretty close results over the past 10 years, with PCT.L having a 20.11% annualized return and IXN not far behind at 19.57%. 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. IXN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Polar Capital Technology Trust (PCT.L) and iShares Global Tech ETF (IXN). 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. IXN - Dividend Comparison
PCT.L has not paid dividends to shareholders, while IXN's dividend yield for the trailing twelve months is around 0.44%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PCT.L Polar Capital Technology Trust | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IXN iShares Global Tech ETF | 0.44% | 0.55% | 0.81% | 0.58% | 0.63% | 1.06% | 0.94% | 0.93% | 1.03% | 1.12% | 1.14% | 1.02% |
Drawdowns
PCT.L vs. IXN - Drawdown Comparison
The maximum PCT.L drawdown since its inception was -84.10%, which is greater than IXN's maximum drawdown of -55.67%. Use the drawdown chart below to compare losses from any high point for PCT.L and IXN. For additional features, visit the drawdowns tool.
Volatility
PCT.L vs. IXN - Volatility Comparison
Polar Capital Technology Trust (PCT.L) has a higher volatility of 6.90% compared to iShares Global Tech ETF (IXN) at 5.59%. This indicates that PCT.L's price experiences larger fluctuations and is considered to be riskier than IXN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.