PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
PQVM.L vs. IUIT.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

PQVM.L vs. IUIT.L

Last updated Jun 5, 2026

PQVM.L (Invesco S&P 500 QVM UCITS ETF) and IUIT.L (iShares S&P 500 Information Technology Sector UCITS ETF) are both exchange-traded funds - PQVM.L is a S&P 500 fund tracking the S&P 500 Quality, Value, and Momentum Multi-Factor Index, while IUIT.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, PQVM.L returned 15.45%/yr vs 24.18%/yr for IUIT.L. A 0.69 correlation means they provide meaningful diversification when combined. PQVM.L charges 0.35%/yr vs 0.15%/yr for IUIT.L.

Performance

PQVM.L vs. IUIT.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco S&P 500 QVM UCITS ETF (PQVM.L) and iShares S&P 500 Information Technology Sector UCITS ETF (IUIT.L). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, PQVM.L achieves a 16.65% return, which is significantly lower than IUIT.L's 23.04% return.

PQVM.L

1D
0.39%
1M
4.36%
YTD
16.65%
6M
17.79%
1Y
22.76%
3Y*
24.37%
5Y*
15.45%
10Y*
—

IUIT.L

1D
-2.11%
1M
13.14%
YTD
23.04%
6M
22.75%
1Y
51.87%
3Y*
34.42%
5Y*
24.18%
10Y*
26.33%
*Multi-year figures are annualized to reflect compound growth (CAGR)

PQVM.L vs. IUIT.L - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
PQVM.L
Invesco S&P 500 QVM UCITS ETF		16.65%13.66%30.17%6.82%0.52%26.13%8.05%25.07%-6.99%18.70%
IUIT.L
iShares S&P 500 Information Technology Sector UCITS ETF		23.04%22.93%38.51%59.45%-29.15%34.09%43.14%48.90%-1.41%17.51%

Correlation

The correlation between PQVM.L and IUIT.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 (3Y)
Calculated over the trailing 3-year period

0.56

Correlation (5Y)
Calculated over the trailing 5-year period

0.60

Correlation (All Time)
Calculated using the full available price history since May 24, 2017

0.69

Over the past year, the correlation between PQVM.L and IUIT.L has dropped to 0.37 - well below their long-term average of 0.69, suggesting their price drivers have been diverging.

PQVM.L vs. IUIT.L - Sectors Allocation Comparison

Sectors
PQVM.L
IUIT.L

Technology

25.6%
99.6%

Financial Services

22.0%

-

Industrials

13.7%
0.0%

Healthcare

9.4%

-

Communication Services

9.1%

-

Energy

5.6%
0.1%

Consumer Defensive

5.5%

-

Consumer Cyclical

4.2%

-

Utilities

2.8%

-

Basic Materials

2.2%

-

Real Estate

-

-

Technology

PQVM.L
25.6%
IUIT.L
99.6%

Financial Services

PQVM.L
22.0%
IUIT.L

-

Industrials

PQVM.L
13.7%
IUIT.L
0.0%

Healthcare

PQVM.L
9.4%
IUIT.L

-

Communication Services

PQVM.L
9.1%
IUIT.L

-

Energy

PQVM.L
5.6%
IUIT.L
0.1%

Consumer Defensive

PQVM.L
5.5%
IUIT.L

-

Consumer Cyclical

PQVM.L
4.2%
IUIT.L

-

Utilities

PQVM.L
2.8%
IUIT.L

-

Basic Materials

PQVM.L
2.2%
IUIT.L

-

Real Estate

PQVM.L

-

IUIT.L

-

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Invesco S&P 500 QVM UCITS ETF

iShares S&P 500 Information Technology Sector UCITS ETF

Often compared with PQVM.L:
PQVM.L vs. SPMOPQVM.L vs. VOOPQVM.L vs. UETW.DEPQVM.L vs. WEBN.DEPQVM.L vs. SPYL.LPQVM.L vs. SWDA.LPQVM.L vs. QQQ
Often compared with IUIT.L:
IUIT.L vs. VGTIUIT.L vs. QQQIUIT.L vs. QQQMIUIT.L vs. EQQQ.DEIUIT.L vs. VOOIUIT.L vs. VUAA.LIUIT.L vs. WITS.AS

Return for Risk

PQVM.L vs. IUIT.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
PQVM.L
PQVM.L Risk / Return Rank: 7373
Overall Rank
PQVM.L Sharpe Ratio Rank: 6363
Sharpe Ratio Rank
PQVM.L Sortino Ratio Rank: 7171
Sortino Ratio Rank
PQVM.L Omega Ratio Rank: 6262
Omega Ratio Rank
PQVM.L Calmar Ratio Rank: 8686
Calmar Ratio Rank
PQVM.L Martin Ratio Rank: 8282
Martin Ratio Rank
IUIT.L
IUIT.L Risk / Return Rank: 6868
Overall Rank
IUIT.L Sharpe Ratio Rank: 8080
Sharpe Ratio Rank
IUIT.L Sortino Ratio Rank: 7676
Sortino Ratio Rank
IUIT.L Omega Ratio Rank: 7070
Omega Ratio Rank
IUIT.L Calmar Ratio Rank: 6262
Calmar Ratio Rank
IUIT.L Martin Ratio Rank: 5353
Martin Ratio Rank
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.

PQVM.L vs. IUIT.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 QVM UCITS ETF (PQVM.L) and iShares S&P 500 Information Technology Sector UCITS ETF (IUIT.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.

PQVM.LIUIT.LDifference
Sharpe ratioReturn per unit of total volatility
2.06
2.55

-0.48

Sortino ratioReturn per unit of downside risk
3.15
3.36

-0.21

Omega ratioGain probability vs. loss probability

1.37

1.41

-0.04

Calmar ratioReturn relative to maximum drawdown

4.70

3.03

+1.66

Martin ratioReturn relative to average drawdown

16.26

8.99

+7.27

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PQVM.L vs. IUIT.L - Sharpe Ratio Comparison

The current PQVM.L Sharpe Ratio is 2.06, which is comparable to the IUIT.L Sharpe Ratio of 2.55. The chart below compares the historical Sharpe Ratios of PQVM.L and IUIT.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.

Loading charts...

Sharpe Ratios by Period

PQVM.LIUIT.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.06

2.55

-0.48

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.96

1.02

-0.07

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

1.20

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.87

1.16

-0.29

Drawdowns

PQVM.L vs. IUIT.L - Drawdown Comparison

The maximum PQVM.L drawdown since its inception was -34.42%, roughly equal to the maximum IUIT.L drawdown of -33.46%. Use the drawdown chart below to compare losses from any high point for PQVM.L and IUIT.L.

Loading charts...

Drawdown Indicators

PQVM.LIUIT.LDifference

Max Drawdown

Largest peak-to-trough decline

-34.42%

-33.46%

-0.96%

Max Drawdown (1Y)

Largest decline over 1 year

-4.83%

-17.03%

+12.20%

Max Drawdown (3Y)

Largest decline over 3 years

-15.49%

-26.40%

+10.91%

Max Drawdown (5Y)

Largest decline over 5 years

-17.35%

-33.46%

+16.11%

Max Drawdown (10Y)

Largest decline over 10 years

—

-33.46%

—

Current Drawdown

Current decline from peak

0.00%

-3.14%

+3.14%

Average Drawdown

Average peak-to-trough decline

-3.90%

-6.02%

+2.12%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.40%

5.76%

-4.36%

Volatility

PQVM.L vs. IUIT.L - Volatility Comparison

The current volatility for Invesco S&P 500 QVM UCITS ETF (PQVM.L) is 3.15%, while iShares S&P 500 Information Technology Sector UCITS ETF (IUIT.L) has a volatility of 7.49%. This indicates that PQVM.L experiences smaller price fluctuations and is considered to be less risky than IUIT.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

PQVM.LIUIT.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.15%

7.49%

-4.34%

Volatility (6M)

Calculated over the trailing 6-month period

8.76%

15.53%

-6.77%

Volatility (1Y)

Calculated over the trailing 1-year period

11.01%

20.28%

-9.27%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.13%

23.61%

-7.48%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.13%

22.47%

-5.34%

PQVM.L vs. IUIT.L - Expense Ratio Comparison

PQVM.L has a 0.35% expense ratio, which is higher than IUIT.L's 0.15% expense ratio.

Dividends

PQVM.L vs. IUIT.L - Dividend Comparison

PQVM.L's dividend yield for the trailing twelve months is around 0.77%, while IUIT.L has not paid dividends to shareholders.

PositionTTM202520242023202220212020201920182017
IUIT.L
iShares S&P 500 Information Technology Sector UCITS ETF		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
PQVM.L
Invesco S&P 500 QVM UCITS ETF		0.77%0.82%0.84%1.58%1.79%0.89%1.48%1.38%1.68%0.71%

Frequently Asked Questions

PQVM.L and IUIT.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, IUIT.L is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

IUIT.L is cheaper with a 0.15% expense ratio, compared with 0.35% for PQVM.L.

PQVM.L is categorized as S&P 500, while IUIT.L is Technology Equities. PQVM.L tracks S&P 500 Quality, Value, and Momentum Multi-Factor Index, while IUIT.L tracks S&P 500 Capped 35/20 Information Technology Index. They also come from different issuers: Invesco and iShares. Their fees differ too: 0.35% for PQVM.L and 0.15% for IUIT.L.

Portfolio Optimizer

Find the right allocation for PQVM.L and IUIT.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