BTEK.L vs. ESIF.DE
BTEK.L (iShares Nasdaq US Biotechnology UCITS ETF) and ESIF.DE (iShares MSCI Europe Financials Sector UCITS ETF EUR (Acc)) are both exchange-traded funds - BTEK.L is a Health & Biotech Equities fund tracking the NASDAQ Biotechnology TR USD, while ESIF.DE is a Financials Equities fund tracking the MSCI World/Financials NR USD. Both are passively managed. Over the past 5 years, BTEK.L returned 5.85%/yr vs 19.65%/yr for ESIF.DE. At a 0.25 correlation, their price movements are largely independent. BTEK.L charges 0.35%/yr vs 0.18%/yr for ESIF.DE.
Performance
BTEK.L vs. ESIF.DE - Performance Comparison
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Different Trading Currencies
BTEK.L is traded in GBP, while ESIF.DE is traded in EUR. To make them comparable, the ESIF.DE values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, BTEK.L achieves a 4.86% return, which is significantly higher than ESIF.DE's 3.05% return.
BTEK.L
- 1D
- 3.56%
- 1M
- 2.25%
- YTD
- 4.86%
- 6M
- 2.70%
- 1Y
- 43.15%
- 3Y*
- 10.19%
- 5Y*
- 5.85%
- 10Y*
- —
ESIF.DE
- 1D
- 0.73%
- 1M
- 3.73%
- YTD
- 3.05%
- 6M
- 9.07%
- 1Y
- 25.82%
- 3Y*
- 29.13%
- 5Y*
- 19.65%
- 10Y*
- —
BTEK.L vs. ESIF.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
BTEK.L iShares Nasdaq US Biotechnology UCITS ETF | 4.86% | 23.81% | -0.32% | 0.33% | -1.55% | 0.90% | 6.86% |
ESIF.DE iShares MSCI Europe Financials Sector UCITS ETF EUR (Acc) | 3.05% | 55.37% | 19.85% | 19.19% | 2.44% | 19.99% | 4.40% |
Correlation
The correlation between BTEK.L and ESIF.DE is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.28 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.29 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since Nov 23, 2020 | 0.25 |
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Return for Risk
BTEK.L vs. ESIF.DE — Risk / Return Rank
BTEK.L
ESIF.DE
BTEK.L vs. ESIF.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Nasdaq US Biotechnology UCITS ETF (BTEK.L) and iShares MSCI Europe Financials Sector UCITS ETF EUR (Acc) (ESIF.DE). 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.
| BTEK.L | ESIF.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.78 | ||
| Sortino ratioReturn per unit of downside risk | +1.04 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.25 | +0.12 |
| Calmar ratioReturn relative to maximum drawdown | 6.23 | 2.13 | +4.10 |
| Martin ratioReturn relative to average drawdown | 17.55 | 7.31 | +10.25 |
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
| BTEK.L | ESIF.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.24 | 1.46 | +0.78 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.29 | 1.03 | -0.73 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.31 | 1.13 | -0.83 |
Drawdowns
BTEK.L vs. ESIF.DE - Drawdown Comparison
The maximum BTEK.L drawdown since its inception was -30.86%, which is greater than ESIF.DE's maximum drawdown of -23.98%. Use the drawdown chart below to compare losses from any high point for BTEK.L and ESIF.DE.
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Drawdown Indicators
| BTEK.L | ESIF.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.86% | -23.98% | -6.88% |
Max Drawdown (1Y)Largest decline over 1 year | -6.89% | -12.05% | +5.16% |
Max Drawdown (3Y)Largest decline over 3 years | -26.34% | -15.09% | -11.25% |
Max Drawdown (5Y)Largest decline over 5 years | -30.86% | -23.98% | -6.88% |
Current DrawdownCurrent decline from peak | -1.86% | -2.30% | +0.44% |
Average DrawdownAverage peak-to-trough decline | -10.04% | -4.20% | -5.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.45% | 3.52% | -1.07% |
Volatility
BTEK.L vs. ESIF.DE - Volatility Comparison
iShares Nasdaq US Biotechnology UCITS ETF (BTEK.L) has a higher volatility of 6.91% compared to iShares MSCI Europe Financials Sector UCITS ETF EUR (Acc) (ESIF.DE) at 5.17%. This indicates that BTEK.L's price experiences larger fluctuations and is considered to be riskier than ESIF.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BTEK.L | ESIF.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.91% | 5.17% | +1.74% |
Volatility (6M)Calculated over the trailing 6-month period | 14.67% | 14.55% | +0.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.14% | 17.58% | +1.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.08% | 18.94% | +1.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.71% | 18.76% | +2.95% |
BTEK.L vs. ESIF.DE - Expense Ratio Comparison
BTEK.L has a 0.35% expense ratio, which is higher than ESIF.DE's 0.18% expense ratio.
Dividends
BTEK.L vs. ESIF.DE - Dividend Comparison
Neither BTEK.L nor ESIF.DE has paid dividends to shareholders.
Frequently Asked Questions
BTEK.L and ESIF.DE have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ESIF.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ESIF.DE is cheaper with a 0.18% expense ratio, compared with 0.35% for BTEK.L.
BTEK.L is categorized as Health & Biotech Equities, while ESIF.DE is Financials Equities. BTEK.L tracks NASDAQ Biotechnology TR USD, while ESIF.DE tracks MSCI World/Financials NR USD. Their fees differ too: 0.35% for BTEK.L and 0.18% for ESIF.DE.
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