SGEA.L vs. IUIT.L
SGEA.L (iShares Emerging Asia Local Govt Bond UCITS ETF USD (Dist)) and IUIT.L (iShares S&P 500 Information Technology Sector UCITS ETF) are both exchange-traded funds - SGEA.L is a Government Bonds fund tracking the iShares Emerging Asia Local Govt Bond UCITS ETF USD (Dist), 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 10 years, SGEA.L returned 0.95%/yr vs 25.18%/yr for IUIT.L. At a 0.24 correlation, their price movements are largely independent. SGEA.L charges 0.50%/yr vs 0.15%/yr for IUIT.L.
Performance
SGEA.L vs. IUIT.L - Performance Comparison
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Different Trading Currencies
SGEA.L is traded in GBP, while IUIT.L is traded in USD. To make them comparable, the IUIT.L values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, SGEA.L achieves a -6.30% return, which is significantly lower than IUIT.L's 16.58% return. Over the past 10 years, SGEA.L has underperformed IUIT.L with an annualized return of 0.95%, while IUIT.L has yielded a comparatively higher 25.18% annualized return.
SGEA.L
- 1D
- 0.50%
- 1M
- -0.75%
- 6M
- -5.74%
- YTD
- -6.30%
- 1Y
- -7.02%
- 3Y*
- -0.14%
- 5Y*
- 0.02%
- 10Y*
- 0.95%
IUIT.L
- 1D
- -1.81%
- 1M
- -3.80%
- 6M
- 18.89%
- YTD
- 16.58%
- 1Y
- 30.26%
- 3Y*
- 27.83%
- 5Y*
- 21.45%
- 10Y*
- 25.18%
SGEA.L vs. IUIT.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SGEA.L iShares Emerging Asia Local Govt Bond UCITS ETF USD (Dist) | -6.30% | -1.01% | 3.19% | -0.97% | 3.25% | -3.19% | 5.39% | 5.58% | 3.87% | 2.31% |
IUIT.L iShares S&P 500 Information Technology Sector UCITS ETF | 16.58% | 14.17% | 40.92% | 51.48% | -20.73% | 35.36% | 38.94% | 43.17% | 4.43% | 26.01% |
Correlation
The correlation between SGEA.L and IUIT.L is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.06 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Nov 20, 2015 | 0.24 |
The correlation between SGEA.L and IUIT.L shifts across timeframes, from 0.06 (5 years) to 0.24 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
SGEA.L vs. IUIT.L — Risk / Return Rank
SGEA.L
IUIT.L
SGEA.L vs. IUIT.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Emerging Asia Local Govt Bond UCITS ETF USD (Dist) (SGEA.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SGEA.L | IUIT.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.39 | ||
| Sortino ratioReturn per unit of downside risk | -3.27 | ||
| Omega ratioGain probability vs. loss probability | 0.85 | 1.24 | -0.39 |
| Calmar ratioReturn relative to maximum drawdown | -0.71 | 1.78 | -2.49 |
| Martin ratioReturn relative to average drawdown | -1.29 | 4.24 | -5.53 |
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Drawdowns
SGEA.L vs. IUIT.L - Drawdown Comparison
The maximum SGEA.L drawdown since its inception was -40.80%, which is greater than IUIT.L's maximum drawdown of -28.01%. Use the drawdown chart below to compare losses from any high point for SGEA.L and IUIT.L.
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Drawdown Indicators
| SGEA.L | IUIT.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.80% | -28.01% | -12.79% |
Max Drawdown (1Y)Largest decline over 1 year | -8.91% | -16.96% | +8.05% |
Max Drawdown (3Y)Largest decline over 3 years | -10.30% | -28.01% | +17.71% |
Max Drawdown (5Y)Largest decline over 5 years | -10.30% | -28.01% | +17.71% |
Max Drawdown (10Y)Largest decline over 10 years | -12.02% | -28.01% | +15.99% |
Current DrawdownCurrent decline from peak | -10.01% | -8.27% | -1.74% |
Average DrawdownAverage peak-to-trough decline | -17.31% | -5.18% | -12.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.91% | 7.11% | -2.20% |
Volatility
SGEA.L vs. IUIT.L - Volatility Comparison
The current volatility for iShares Emerging Asia Local Govt Bond UCITS ETF USD (Dist) (SGEA.L) is 1.89%, while iShares S&P 500 Information Technology Sector UCITS ETF (IUIT.L) has a volatility of 7.26%. This indicates that SGEA.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.
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Volatility by Period
| SGEA.L | IUIT.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.89% | 7.26% | -5.37% |
Volatility (6M)Calculated over the trailing 6-month period | 4.38% | 17.36% | -12.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.18% | 22.17% | -15.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.98% | 23.19% | -16.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.03% | 22.24% | -14.21% |
SGEA.L vs. IUIT.L - Expense Ratio Comparison
SGEA.L has a 0.50% expense ratio, which is higher than IUIT.L's 0.15% expense ratio.
Dividends
SGEA.L vs. IUIT.L - Dividend Comparison
SGEA.L's dividend yield for the trailing twelve months is around 3.60%, while IUIT.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% | 0.00% |
SGEA.L iShares Emerging Asia Local Govt Bond UCITS ETF USD (Dist) | 3.60% | 3.40% | 3.00% | 2.90% | 2.81% | 2.37% | 2.97% | 2.55% | 2.46% | 2.17% | 2.65% | 1.11% |
Frequently Asked Questions
SGEA.L and IUIT.L have a correlation of 0.17, 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 0.50% for SGEA.L.
SGEA.L is categorized as Government Bonds, while IUIT.L is Technology Equities. SGEA.L tracks iShares Emerging Asia Local Govt Bond UCITS ETF USD (Dist), while IUIT.L tracks S&P 500 Capped 35/20 Information Technology Index. Their fees differ too: 0.50% for SGEA.L and 0.15% for IUIT.L.
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