CHTE.L vs. GXLK.L
Compare and contrast key facts about UBS ETF (LU) Solactive China Technology UCITS ETF (USD) A-acc (CHTE.L) and SPDR S&P US Technology Select Sector UCITS ETF (GXLK.L).
CHTE.L and GXLK.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CHTE.L is a passively managed fund by UBS that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on Mar 5, 2021. GXLK.L is a passively managed fund by State Street that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on Jul 7, 2015. Both CHTE.L and GXLK.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.
Performance
CHTE.L vs. GXLK.L - Performance Comparison
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CHTE.L vs. GXLK.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
CHTE.L UBS ETF (LU) Solactive China Technology UCITS ETF (USD) A-acc | -7.50% | 32.47% | 12.40% | -15.02% | -12.31% |
GXLK.L SPDR S&P US Technology Select Sector UCITS ETF | -7.00% | 15.88% | 24.73% | 48.31% | -16.12% |
Different Trading Currencies
CHTE.L is traded in GBp, while GXLK.L is traded in GBP. To make them comparable, the GXLK.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, CHTE.L achieves a -7.50% return, which is significantly lower than GXLK.L's -7.00% return.
CHTE.L
- 1D
- -0.71%
- 1M
- 2.89%
- YTD
- -7.50%
- 6M
- -24.22%
- 1Y
- 2.11%
- 3Y*
- 4.46%
- 5Y*
- —
- 10Y*
- —
GXLK.L
- 1D
- -24.28%
- 1M
- -1.35%
- YTD
- -7.00%
- 6M
- -6.29%
- 1Y
- 26.52%
- 3Y*
- 19.08%
- 5Y*
- —
- 10Y*
- —
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CHTE.L vs. GXLK.L - Expense Ratio Comparison
CHTE.L has a 0.47% expense ratio, which is higher than GXLK.L's 0.15% expense ratio.
Return for Risk
CHTE.L vs. GXLK.L — Risk / Return Rank
CHTE.L
GXLK.L
CHTE.L vs. GXLK.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for UBS ETF (LU) Solactive China Technology UCITS ETF (USD) A-acc (CHTE.L) and SPDR S&P US Technology Select Sector UCITS ETF (GXLK.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.
| CHTE.L | GXLK.L | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.08 | 0.53 | -0.45 |
Sortino ratioReturn per unit of downside risk | 0.29 | 1.21 | -0.92 |
Omega ratioGain probability vs. loss probability | 1.04 | 1.24 | -0.21 |
Calmar ratioReturn relative to maximum drawdown | 0.18 | 1.49 | -1.31 |
Martin ratioReturn relative to average drawdown | 0.40 | 5.67 | -5.27 |
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
| CHTE.L | GXLK.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.08 | 0.53 | -0.45 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.05 | 0.39 | -0.45 |
Correlation
The correlation between CHTE.L and GXLK.L is 0.25, 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.
Dividends
CHTE.L vs. GXLK.L - Dividend Comparison
Neither CHTE.L nor GXLK.L has paid dividends to shareholders.
Drawdowns
CHTE.L vs. GXLK.L - Drawdown Comparison
The maximum CHTE.L drawdown since its inception was -45.52%, which is greater than GXLK.L's maximum drawdown of -28.24%. Use the drawdown chart below to compare losses from any high point for CHTE.L and GXLK.L.
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Drawdown Indicators
| CHTE.L | GXLK.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.52% | -28.24% | -17.28% |
Max Drawdown (1Y)Largest decline over 1 year | -26.34% | -24.28% | -2.06% |
Current DrawdownCurrent decline from peak | -24.22% | -24.28% | +0.06% |
Average DrawdownAverage peak-to-trough decline | -23.21% | -7.83% | -15.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.12% | 6.40% | +5.72% |
Volatility
CHTE.L vs. GXLK.L - Volatility Comparison
The current volatility for UBS ETF (LU) Solactive China Technology UCITS ETF (USD) A-acc (CHTE.L) is 7.01%, while SPDR S&P US Technology Select Sector UCITS ETF (GXLK.L) has a volatility of 43.02%. This indicates that CHTE.L experiences smaller price fluctuations and is considered to be less risky than GXLK.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CHTE.L | GXLK.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.01% | 43.02% | -36.01% |
Volatility (6M)Calculated over the trailing 6-month period | 17.12% | 44.41% | -27.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.75% | 49.66% | -22.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 38.91% | 34.76% | +4.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.91% | 34.76% | +4.15% |