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SGLO.L vs. IITU.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

SGLO.L vs. IITU.L

Last updated Jun 5, 2026

SGLO.L (iShares Global Government Bond UCITS ETF USD (Dist)) and IITU.L (iShares S&P 500 Information Technology Sector UCITS ETF USD (Acc)) are both exchange-traded funds - SGLO.L is a Global Bonds fund tracking the Bloomberg Global Aggregate TR USD, while IITU.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, SGLO.L returned 0.35%/yr vs 27.26%/yr for IITU.L. At a 0.06 correlation, their price movements are largely independent. SGLO.L charges 0.20%/yr vs 0.15%/yr for IITU.L.

Performance

SGLO.L vs. IITU.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in iShares Global Government Bond UCITS ETF USD (Dist) (SGLO.L) and iShares S&P 500 Information Technology Sector UCITS ETF USD (Acc) (IITU.L). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

SGLO.L is traded in GBP, while IITU.L is traded in GBp. To make them comparable, the IITU.L values have been converted to GBP using the latest available exchange rates.

Returns By Period

In the year-to-date period, SGLO.L achieves a -0.79% return, which is significantly lower than IITU.L's 23.25% return. Over the past 10 years, SGLO.L has underperformed IITU.L with an annualized return of 0.35%, while IITU.L has yielded a comparatively higher 27.26% annualized return.

SGLO.L

1D
-0.11%
1M
0.41%
YTD
-0.79%
6M
-1.34%
1Y
1.82%
3Y*
-0.41%
5Y*
-1.81%
10Y*
0.35%

IITU.L

1D
-2.08%
1M
14.24%
YTD
23.25%
6M
22.00%
1Y
53.38%
3Y*
30.94%
5Y*
25.50%
10Y*
27.26%
*Multi-year figures are annualized to reflect compound growth (CAGR)

SGLO.L vs. IITU.L - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
SGLO.L
iShares Global Government Bond UCITS ETF USD (Dist)		-0.79%0.31%-1.33%-1.35%-7.72%-5.44%5.97%2.82%5.56%-3.12%
IITU.L
iShares S&P 500 Information Technology Sector UCITS ETF USD (Acc)		23.25%14.44%40.85%50.70%-20.63%35.67%38.34%44.21%4.28%25.57%

Correlation

The correlation between SGLO.L and IITU.L is 0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.03

Correlation (3Y)
Calculated over the trailing 3-year period

-0.02

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

-0.06

Correlation (10Y)
Calculated over the trailing 10-year period

0.06

Correlation (All Time)
Calculated using the full available price history since Nov 24, 2015

0.06

The correlation between SGLO.L and IITU.L shifts across timeframes, from -0.06 (5 years) to 0.06 (all time), reflecting how their relationship changes across market environments.

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iShares Global Government Bond UCITS ETF USD (Dist)

iShares S&P 500 Information Technology Sector UCITS ETF USD (Acc)

Often compared with SGLO.L:
SGLO.L vs. IGLO.LSGLO.L vs. IGLH.LSGLO.L vs. SGLP.LSGLO.L vs. VUSA.LSGLO.L vs. VDCSGLO.L vs. AGHG.LSGLO.L vs. GAGG.L
Often compared with IITU.L:
IITU.L vs. VGTIITU.L vs. CNX1.LIITU.L vs. VUAG.LIITU.L vs. XLKIITU.L vs. SMGB.LIITU.L vs. XLKQ.LIITU.L vs. QQQ

Return for Risk

SGLO.L vs. IITU.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
SGLO.L
SGLO.L Risk / Return Rank: 1414
Overall Rank
SGLO.L Sharpe Ratio Rank: 1515
Sharpe Ratio Rank
SGLO.L Sortino Ratio Rank: 1414
Sortino Ratio Rank
SGLO.L Omega Ratio Rank: 1313
Omega Ratio Rank
SGLO.L Calmar Ratio Rank: 1515
Calmar Ratio Rank
SGLO.L Martin Ratio Rank: 1414
Martin Ratio Rank
IITU.L
IITU.L Risk / Return Rank: 7070
Overall Rank
IITU.L Sharpe Ratio Rank: 8484
Sharpe Ratio Rank
IITU.L Sortino Ratio Rank: 7878
Sortino Ratio Rank
IITU.L Omega Ratio Rank: 7676
Omega Ratio Rank
IITU.L Calmar Ratio Rank: 6565
Calmar Ratio Rank
IITU.L Martin Ratio Rank: 4949
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.

SGLO.L vs. IITU.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Global Government Bond UCITS ETF USD (Dist) (SGLO.L) and iShares S&P 500 Information Technology Sector UCITS ETF USD (Acc) (IITU.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.

SGLO.LIITU.LDifference
Sharpe ratioReturn per unit of total volatility
0.37
2.71

-2.34

Sortino ratioReturn per unit of downside risk
0.58
3.46

-2.88

Omega ratioGain probability vs. loss probability

1.07

1.44

-0.38

Calmar ratioReturn relative to maximum drawdown

0.45

3.17

-2.72

Martin ratioReturn relative to average drawdown

0.90

8.17

-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.

SGLO.L vs. IITU.L - Sharpe Ratio Comparison

The current SGLO.L Sharpe Ratio is 0.37, which is lower than the IITU.L Sharpe Ratio of 2.71. The chart below compares the historical Sharpe Ratios of SGLO.L and IITU.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.

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Sharpe Ratios by Period

SGLO.LIITU.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.37

2.71

-2.34

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.24

1.16

-1.40

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.04

1.28

-1.24

Sharpe Ratio (All Time)

Calculated using the full available price history

0.19

1.23

-1.04

Drawdowns

SGLO.L vs. IITU.L - Drawdown Comparison

The maximum SGLO.L drawdown since its inception was -25.55%, smaller than the maximum IITU.L drawdown of -28.03%. Use the drawdown chart below to compare losses from any high point for SGLO.L and IITU.L.

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Drawdown Indicators

SGLO.LIITU.LDifference

Max Drawdown

Largest peak-to-trough decline

-25.55%

-28.03%

+2.48%

Max Drawdown (1Y)

Largest decline over 1 year

-4.26%

-16.76%

+12.50%

Max Drawdown (3Y)

Largest decline over 3 years

-5.41%

-28.03%

+22.62%

Max Drawdown (5Y)

Largest decline over 5 years

-16.48%

-28.03%

+11.55%

Max Drawdown (10Y)

Largest decline over 10 years

-25.55%

-28.03%

+2.48%

Current Drawdown

Current decline from peak

-22.83%

-2.89%

-19.94%

Average Drawdown

Average peak-to-trough decline

-10.09%

-5.14%

-4.95%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.14%

6.51%

-4.37%

Volatility

SGLO.L vs. IITU.L - Volatility Comparison

The current volatility for iShares Global Government Bond UCITS ETF USD (Dist) (SGLO.L) is 1.24%, while iShares S&P 500 Information Technology Sector UCITS ETF USD (Acc) (IITU.L) has a volatility of 7.01%. This indicates that SGLO.L experiences smaller price fluctuations and is considered to be less risky than IITU.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

SGLO.LIITU.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.24%

7.01%

-5.77%

Volatility (6M)

Calculated over the trailing 6-month period

3.88%

14.45%

-10.57%

Volatility (1Y)

Calculated over the trailing 1-year period

5.24%

19.60%

-14.36%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

7.47%

21.94%

-14.47%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

8.77%

21.31%

-12.54%

SGLO.L vs. IITU.L - Expense Ratio Comparison

SGLO.L has a 0.20% expense ratio, which is higher than IITU.L's 0.15% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

SGLO.L vs. IITU.L - Dividend Comparison

SGLO.L's dividend yield for the trailing twelve months is around 4.16%, while IITU.L has not paid dividends to shareholders.

PositionTTM20252024202320222021202020192018201720162015
IITU.L
iShares S&P 500 Information Technology Sector UCITS ETF USD (Acc)		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SGLO.L
iShares Global Government Bond UCITS ETF USD (Dist)		4.16%3.86%3.15%1.87%0.95%0.85%1.35%1.60%1.37%1.26%1.34%0.89%

Frequently Asked Questions

SGLO.L and IITU.L have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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

IITU.L is cheaper with a 0.15% expense ratio, compared with 0.20% for SGLO.L.

SGLO.L is categorized as Global Bonds, while IITU.L is Technology Equities. SGLO.L tracks Bloomberg Global Aggregate TR USD, while IITU.L tracks S&P 500 Capped 35/20 Information Technology Index. Their fees differ too: 0.20% for SGLO.L and 0.15% for IITU.L.

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