PIGI.L vs. NATO.L
PIGI.L (HANetf Digital Infrastructure and Connectivity UCITS ETF) and NATO.L (HANetf Future of Defence UCITS ETF - Accumulating) are both exchange-traded funds - PIGI.L is a Technology Equities fund tracking the MSCI World/Information Tech NR USD, while NATO.L is a Aerospace & Defense fund tracking the EQM Future of Defence Index. Both are passively managed. Over the past year, PIGI.L returned 15.64% vs 21.07% for NATO.L. At a 0.41 correlation, their price movements are largely independent. PIGI.L charges 0.69%/yr vs 0.49%/yr for NATO.L.
Performance
PIGI.L vs. NATO.L - Performance Comparison
Loading charts...
Different Trading Currencies
PIGI.L is traded in GBp, while NATO.L is traded in USD. To make them comparable, the NATO.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, PIGI.L achieves a 6.14% return, which is significantly lower than NATO.L's 13.47% return.
PIGI.L
- 1D
- -0.07%
- 1M
- 2.12%
- YTD
- 6.14%
- 6M
- 6.47%
- 1Y
- 15.64%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NATO.L
- 1D
- 0.00%
- 1M
- 9.09%
- YTD
- 13.47%
- 6M
- 14.52%
- 1Y
- 21.07%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PIGI.L vs. NATO.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
PIGI.L HANetf Digital Infrastructure and Connectivity UCITS ETF | 6.14% | 12.66% |
NATO.L HANetf Future of Defence UCITS ETF - Accumulating | 12.45% | 20.04% |
Correlation
The correlation between PIGI.L and NATO.L is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.37 |
Correlation (All Time) Calculated using the full available price history since Apr 29, 2025 | 0.41 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
PIGI.L vs. NATO.L — Risk / Return Rank
PIGI.L
NATO.L
PIGI.L vs. NATO.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for HANetf Digital Infrastructure and Connectivity UCITS ETF (PIGI.L) and HANetf Future of Defence UCITS ETF - Accumulating (NATO.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.
| PIGI.L | NATO.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.86 | ||
| Sortino ratioReturn per unit of downside risk | +1.07 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.19 | +0.18 |
| Calmar ratioReturn relative to maximum drawdown | 2.59 | 1.83 | +0.75 |
| Martin ratioReturn relative to average drawdown | 8.80 | 3.99 | +4.80 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| PIGI.L | NATO.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.91 | 1.05 | +0.86 |
Sharpe Ratio (All Time)Calculated using the full available price history | 2.09 | 1.39 | +0.70 |
Drawdowns
PIGI.L vs. NATO.L - Drawdown Comparison
The maximum PIGI.L drawdown since its inception was -6.15%, smaller than the maximum NATO.L drawdown of -21.71%. Use the drawdown chart below to compare losses from any high point for PIGI.L and NATO.L.
Loading charts...
Drawdown Indicators
| PIGI.L | NATO.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -6.15% | -21.71% | +15.56% |
Max Drawdown (1Y)Largest decline over 1 year | -6.15% | -11.45% | +5.30% |
Current DrawdownCurrent decline from peak | -0.33% | -2.00% | +1.67% |
Average DrawdownAverage peak-to-trough decline | -1.17% | -2.46% | +1.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.81% | 5.26% | -3.45% |
Volatility
PIGI.L vs. NATO.L - Volatility Comparison
The current volatility for HANetf Digital Infrastructure and Connectivity UCITS ETF (PIGI.L) is 1.33%, while HANetf Future of Defence UCITS ETF - Accumulating (NATO.L) has a volatility of 6.35%. This indicates that PIGI.L experiences smaller price fluctuations and is considered to be less risky than NATO.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PIGI.L | NATO.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.33% | 6.35% | -5.02% |
Volatility (6M)Calculated over the trailing 6-month period | 6.15% | 15.81% | -9.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.36% | 20.02% | -11.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.46% | 27.08% | -18.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.46% | 27.08% | -18.62% |
PIGI.L vs. NATO.L - Expense Ratio Comparison
PIGI.L has a 0.69% expense ratio, which is higher than NATO.L's 0.49% expense ratio.
Dividends
PIGI.L vs. NATO.L - Dividend Comparison
Neither PIGI.L nor NATO.L has paid dividends to shareholders.
Frequently Asked Questions
PIGI.L and NATO.L have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, NATO.L is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.
NATO.L is cheaper with a 0.49% expense ratio, compared with 0.69% for PIGI.L.
PIGI.L is categorized as Technology Equities, while NATO.L is Aerospace & Defense. PIGI.L tracks MSCI World/Information Tech NR USD, while NATO.L tracks EQM Future of Defence Index. Their fees differ too: 0.69% for PIGI.L and 0.49% for NATO.L.
Find the right allocation for PIGI.L and NATO.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer