VAL vs. IUIT.L
Compare and contrast key facts about Valaris Limited (VAL) and iShares S&P 500 Information Technology Sector UCITS ETF (IUIT.L).
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VAL or IUIT.L.
Key characteristics
| VAL | IUIT.L | |
|---|---|---|
| YTD Return | -25.32% | 36.28% |
| 1Y Return | -22.88% | 49.74% |
| 3Y Return (Ann) | 11.67% | 16.93% |
| Sharpe Ratio | -0.58 | 2.35 |
| Sortino Ratio | -0.64 | 3.04 |
| Omega Ratio | 0.93 | 1.41 |
| Calmar Ratio | -0.55 | 3.29 |
| Martin Ratio | -1.29 | 10.98 |
| Ulcer Index | 16.87% | 4.38% |
| Daily Std Dev | 37.78% | 20.46% |
| Max Drawdown | -39.45% | -33.46% |
| Current Drawdown | -35.97% | 0.00% |
Correlation
The correlation between VAL and IUIT.L is 0.19, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
VAL vs. IUIT.L - Performance Comparison
In the year-to-date period, VAL achieves a -25.32% return, which is significantly lower than IUIT.L's 36.28% return. 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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Risk-Adjusted Performance
VAL vs. IUIT.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Valaris Limited (VAL) 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
VAL vs. IUIT.L - Dividend Comparison
Neither VAL nor IUIT.L has paid dividends to shareholders.
Drawdowns
VAL vs. IUIT.L - Drawdown Comparison
The maximum VAL drawdown since its inception was -39.45%, which is greater than IUIT.L's maximum drawdown of -33.46%. Use the drawdown chart below to compare losses from any high point for VAL and IUIT.L. For additional features, visit the drawdowns tool.
Volatility
VAL vs. IUIT.L - Volatility Comparison
Valaris Limited (VAL) has a higher volatility of 12.12% compared to iShares S&P 500 Information Technology Sector UCITS ETF (IUIT.L) at 5.74%. This indicates that VAL's price experiences larger fluctuations and is considered to be riskier than IUIT.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.