SKYP.L vs. IITU.L
Compare and contrast key facts about HANetf HAN-GINS Cloud Technology Equal Weight UCITS ETF (SKYP.L) and iShares S&P 500 USD Information Technology Sector UCITS (IITU.L).
SKYP.L and IITU.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SKYP.L is a passively managed fund by HANetf that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on Oct 5, 2018. IITU.L is a passively managed fund by iShares that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on Nov 20, 2015. Both SKYP.L and IITU.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: SKYP.L or IITU.L.
Key characteristics
| SKYP.L | IITU.L |
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Correlation
The correlation between SKYP.L and IITU.L is 0.79, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
SKYP.L vs. IITU.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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SKYP.L vs. IITU.L - Expense Ratio Comparison
SKYP.L has a 0.59% expense ratio, which is higher than IITU.L's 0.15% expense ratio.
Risk-Adjusted Performance
SKYP.L vs. IITU.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for HANetf HAN-GINS Cloud Technology Equal Weight UCITS ETF (SKYP.L) and iShares S&P 500 USD Information Technology Sector UCITS (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.
Dividends
SKYP.L vs. IITU.L - Dividend Comparison
Neither SKYP.L nor IITU.L has paid dividends to shareholders.
Drawdowns
SKYP.L vs. IITU.L - Drawdown Comparison
Volatility
SKYP.L vs. IITU.L - Volatility Comparison
The current volatility for HANetf HAN-GINS Cloud Technology Equal Weight UCITS ETF (SKYP.L) is 0.00%, while iShares S&P 500 USD Information Technology Sector UCITS (IITU.L) has a volatility of 5.53%. This indicates that SKYP.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.