SHYG.L vs. IITU.L
SHYG.L (iShares EUR High Yield Corporate Bond UCITS ETF EUR (Dist)) and IITU.L (iShares S&P 500 Information Technology Sector UCITS ETF USD (Acc)) are both exchange-traded funds - SHYG.L is a European High Yield Bonds fund tracking the Bloomberg Pan Euro HY Euro TR EUR, 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, SHYG.L returned 3.56%/yr vs 27.26%/yr for IITU.L. At a 0.35 correlation, their price movements are largely independent. SHYG.L charges 0.50%/yr vs 0.15%/yr for IITU.L.
Performance
SHYG.L vs. IITU.L - Performance Comparison
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Different Trading Currencies
SHYG.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, SHYG.L achieves a -2.59% return, which is significantly lower than IITU.L's 23.25% return. Over the past 10 years, SHYG.L has underperformed IITU.L with an annualized return of 3.56%, while IITU.L has yielded a comparatively higher 27.26% annualized return.
SHYG.L
- 1D
- 0.24%
- 1M
- 1.24%
- YTD
- -2.59%
- 6M
- -1.99%
- 1Y
- 0.73%
- 3Y*
- 4.65%
- 5Y*
- 1.78%
- 10Y*
- 3.56%
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%
SHYG.L vs. IITU.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SHYG.L iShares EUR High Yield Corporate Bond UCITS ETF EUR (Dist) | -2.59% | 7.69% | 0.97% | 9.31% | -4.42% | -3.69% | 6.60% | 4.45% | -2.62% | 8.25% |
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 SHYG.L and IITU.L is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.19 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.29 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.36 |
Correlation (All Time) Calculated using the full available price history since Nov 24, 2015 | 0.35 |
The correlation between SHYG.L and IITU.L shifts across timeframes, from 0.19 (3 years) to 0.36 (10 years), reflecting how their relationship changes across market environments.
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Return for Risk
SHYG.L vs. IITU.L — Risk / Return Rank
SHYG.L
IITU.L
SHYG.L vs. IITU.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares EUR High Yield Corporate Bond UCITS ETF EUR (Dist) (SHYG.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.
| SHYG.L | IITU.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.59 | ||
| Sortino ratioReturn per unit of downside risk | -3.28 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 1.44 | -0.42 |
| Calmar ratioReturn relative to maximum drawdown | 0.11 | 3.17 | -3.06 |
| Martin ratioReturn relative to average drawdown | 0.29 | 8.17 | -7.88 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SHYG.L | IITU.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.12 | 2.71 | -2.59 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.25 | 1.16 | -0.91 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.41 | 1.28 | -0.87 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.40 | 1.23 | -0.83 |
Drawdowns
SHYG.L vs. IITU.L - Drawdown Comparison
The maximum SHYG.L drawdown since its inception was -22.96%, smaller than the maximum IITU.L drawdown of -28.03%. Use the drawdown chart below to compare losses from any high point for SHYG.L and IITU.L.
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Drawdown Indicators
| SHYG.L | IITU.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.96% | -28.03% | +5.07% |
Max Drawdown (1Y)Largest decline over 1 year | -6.43% | -16.76% | +10.33% |
Max Drawdown (3Y)Largest decline over 3 years | -6.43% | -28.03% | +21.60% |
Max Drawdown (5Y)Largest decline over 5 years | -15.33% | -28.03% | +12.70% |
Max Drawdown (10Y)Largest decline over 10 years | -22.96% | -28.03% | +5.07% |
Current DrawdownCurrent decline from peak | -3.57% | -2.89% | -0.68% |
Average DrawdownAverage peak-to-trough decline | -4.87% | -5.14% | +0.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.49% | 6.51% | -4.02% |
Volatility
SHYG.L vs. IITU.L - Volatility Comparison
The current volatility for iShares EUR High Yield Corporate Bond UCITS ETF EUR (Dist) (SHYG.L) is 1.44%, while iShares S&P 500 Information Technology Sector UCITS ETF USD (Acc) (IITU.L) has a volatility of 7.01%. This indicates that SHYG.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
| SHYG.L | IITU.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.44% | 7.01% | -5.57% |
Volatility (6M)Calculated over the trailing 6-month period | 4.92% | 14.45% | -9.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.28% | 19.60% | -13.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.15% | 21.94% | -14.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.69% | 21.31% | -12.62% |
SHYG.L vs. IITU.L - Expense Ratio Comparison
SHYG.L has a 0.50% expense ratio, which is higher than IITU.L's 0.15% expense ratio.
Dividends
SHYG.L vs. IITU.L - Dividend Comparison
Neither SHYG.L nor IITU.L has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
SHYG.L iShares EUR High Yield Corporate Bond UCITS ETF EUR (Dist) | 0.00% | 2.75% | 6.24% | 5.39% | 3.58% | 3.13% | 3.66% | 3.86% | 3.65% | 3.74% | 3.83% | 4.55% |
Frequently Asked Questions
SHYG.L and IITU.L have a correlation of 0.24, 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 0.50% for SHYG.L.
SHYG.L is categorized as European High Yield Bonds, while IITU.L is Technology Equities. SHYG.L tracks Bloomberg Pan Euro HY Euro TR EUR, while IITU.L tracks S&P 500 Capped 35/20 Information Technology Index. Their fees differ too: 0.50% for SHYG.L and 0.15% for IITU.L.
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