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Invesco Technology S&P US Select Sector UCITS ETF GBP Acc (XLKQ.L) Sharpe Ratio: 1.99

ETF · Currency in GBp · Last updated Jun 26, 2026

The Invesco Technology S&P US Select Sector UCITS ETF Acc is an Irish-domiciled, accumulating UCITS fund that synthetically tracks the S&P Select Sector Capped 20% Technology Index. The index represents information-technology companies in the S&P 500 and caps individual constituent weights.

XLKQ.L's Sharpe Ratio of 1.99 indicates that for each unit of volatility, it generates 1.99 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 26, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets. For how to read this number and when it can mislead, see Sharpe Ratio Explained.

XLKQ.L Sharpe Ratio Rank

XLKQ.L Sharpe Ratio Rank: 71.872
Above Average

XLKQ.L ranks above 71.8% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating above-average returns relative to volatility. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Above-average risk-adjusted returns with room for improvement
  • Compare against category peers to gauge relative positioning
  • Monitor for movement toward top tier or decline toward median
  • Consider pairing with top-tier holdings to improve portfolio efficiency

XLKQ.L Sharpe Ratio Market Positioning

The chart shows XLKQ.L's Sharpe Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 0.85 or lower
  • Yellow zone (middle 50%): 0.85 to 2.12
  • Green zone (top 25%): 2.12 or higher
  • Top 1%: 6.90+
  • Median: 1.56 — half of all investments score higher

How it compares to other similar ETFs

The table compares Invesco Technology S&P US Select Sector UCITS ETF GBP Acc's Sharpe Ratio with other ETFs in the Technology Equities category across multiple time periods, showing how XLKQ.L's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 26, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
SMGB.LVanEck Semiconductor UCITS ETF4.97
SMH.LVanEck Semiconductor UCITS ETF4.59
HNSS.LHSBC Nasdaq Global Semiconductor UCITS ETF3.29
VPNG.LGlobal X Data Center REITs & Digital Infrastructure UCITS ETF USD Accumulating3.24
KARP.LKraneShares Electric Vehicles & Future Mobility ESG Screened UCITS ETF USD3.01
DRVG.LGlobal X Autonomous & Electric Vehicles UCITS ETF USD Distributing3.01
INTL.LWisdomTree Artificial Intelligence UCITS ETF - USD Acc2.83
DRVE.LGlobal X Autonomous & Electric Vehicles UCITS ETF USD Accumulating2.56
ECAR.LiShares Electric Vehicles and Driving Technology UCITS ETF USD (Acc)2.54
AIAG.LL&G Artificial Intelligence UCITS ETF2.51
XLKQ.LInvesco Technology S&P US Select Sector UCITS ETF GBP Acc1.99

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows XLKQ.L's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when XLKQ.L consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

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