PSJ vs. IUIT.L
Compare and contrast key facts about Invesco Dynamic Software ETF (PSJ) and iShares S&P 500 Information Technology Sector UCITS ETF (IUIT.L).
PSJ and IUIT.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PSJ is a passively managed fund by Invesco that tracks the performance of the Dynamic Software Intellidex Index. It was launched on Jun 23, 2005. IUIT.L is a passively managed fund by iShares that tracks the performance of the S&P 500 Capped 35/20 Information Technology Index. It was launched on Nov 20, 2015. Both PSJ and IUIT.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PSJ or IUIT.L.
Key characteristics
| PSJ | IUIT.L |
|---|
Correlation
The correlation between PSJ and IUIT.L is 0.51, 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
PSJ vs. IUIT.L - Performance Comparison
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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PSJ vs. IUIT.L - Expense Ratio Comparison
PSJ has a 0.58% expense ratio, which is higher than IUIT.L's 0.15% expense ratio.
Risk-Adjusted Performance
PSJ vs. IUIT.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Dynamic Software ETF (PSJ) 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.
Dividends
PSJ vs. IUIT.L - Dividend Comparison
Neither PSJ nor IUIT.L has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
PSJ Invesco Dynamic Software ETF | 0.00% | 0.00% | 1.41% | 0.56% | 0.04% | 0.05% | 0.00% | 0.00% | 0.03% | 0.15% | 0.10% |
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% | 0.00% |
Drawdowns
PSJ vs. IUIT.L - Drawdown Comparison
Volatility
PSJ vs. IUIT.L - Volatility Comparison
The current volatility for Invesco Dynamic Software ETF (PSJ) is 0.00%, while iShares S&P 500 Information Technology Sector UCITS ETF (IUIT.L) has a volatility of 7.64%. This indicates that PSJ 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.