DAGB.L vs. GXLK.L
DAGB.L (VanEck Digital Assets Equity UCITS ETF A USD Acc) and GXLK.L (SPDR S&P US Technology Select Sector UCITS ETF) are both Technology Equities funds tracking the MSCI World/Information Tech NR USD, from VanEck and State Street respectively. Both are passively managed. Over the past 3 years, DAGB.L returned 52.74%/yr vs 26.51%/yr for GXLK.L. At a 0.48 correlation, their price movements are largely independent. DAGB.L charges 0.65%/yr vs 0.15%/yr for GXLK.L.
Performance
DAGB.L vs. GXLK.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, DAGB.L achieves a 29.14% return, which is significantly higher than GXLK.L's 23.38% return.
DAGB.L
- 1D
- -3.10%
- 1M
- 0.20%
- YTD
- 29.14%
- 6M
- 12.28%
- 1Y
- 47.75%
- 3Y*
- 52.74%
- 5Y*
- -1.09%
- 10Y*
- —
GXLK.L
- 1D
- -2.05%
- 1M
- 12.00%
- YTD
- 23.38%
- 6M
- 21.44%
- 1Y
- 52.82%
- 3Y*
- 26.51%
- 5Y*
- —
- 10Y*
- —
DAGB.L vs. GXLK.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
DAGB.L VanEck Digital Assets Equity UCITS ETF A USD Acc | 29.14% | 2.77% | 31.18% | 325.83% | -81.84% |
GXLK.L SPDR S&P US Technology Select Sector UCITS ETF | 23.38% | 15.88% | 24.73% | 48.31% | -16.12% |
Correlation
The correlation between DAGB.L and GXLK.L is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.52 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.44 |
Correlation (All Time) Calculated using the full available price history since Apr 5, 2022 | 0.48 |
The correlation between DAGB.L and GXLK.L has been stable across timeframes, ranging from 0.44 to 0.52 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
DAGB.L vs. GXLK.L — Risk / Return Rank
DAGB.L
GXLK.L
DAGB.L vs. GXLK.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Digital Assets Equity UCITS ETF A USD Acc (DAGB.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.
| DAGB.L | GXLK.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.88 | ||
| Sortino ratioReturn per unit of downside risk | -2.06 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.46 | -0.28 |
| Calmar ratioReturn relative to maximum drawdown | 1.13 | 3.21 | -2.08 |
| Martin ratioReturn relative to average drawdown | 2.03 | 8.20 | -6.16 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| DAGB.L | GXLK.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.89 | 2.77 | -1.88 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.02 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.05 | 0.79 | -0.84 |
Drawdowns
DAGB.L vs. GXLK.L - Drawdown Comparison
The maximum DAGB.L drawdown since its inception was -91.23%, 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 DAGB.L and GXLK.L.
Loading charts...
Drawdown Indicators
| DAGB.L | GXLK.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.23% | -28.24% | -62.99% |
Max Drawdown (1Y)Largest decline over 1 year | -45.63% | -16.67% | -28.96% |
Max Drawdown (3Y)Largest decline over 3 years | -58.45% | -28.24% | -30.21% |
Max Drawdown (5Y)Largest decline over 5 years | -91.23% | — | — |
Current DrawdownCurrent decline from peak | -33.56% | -2.76% | -30.80% |
Average DrawdownAverage peak-to-trough decline | -57.60% | -7.64% | -49.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 25.31% | 6.54% | +18.77% |
Volatility
DAGB.L vs. GXLK.L - Volatility Comparison
VanEck Digital Assets Equity UCITS ETF A USD Acc (DAGB.L) has a higher volatility of 16.79% compared to SPDR S&P US Technology Select Sector UCITS ETF (GXLK.L) at 6.90%. This indicates that DAGB.L's price experiences larger fluctuations and is considered to be riskier than GXLK.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| DAGB.L | GXLK.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.79% | 6.90% | +9.89% |
Volatility (6M)Calculated over the trailing 6-month period | 40.07% | 14.09% | +25.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 57.84% | 19.32% | +38.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 71.95% | 26.83% | +45.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 71.78% | 26.83% | +44.95% |
DAGB.L vs. GXLK.L - Expense Ratio Comparison
DAGB.L has a 0.65% expense ratio, which is higher than GXLK.L's 0.15% expense ratio.
Dividends
DAGB.L vs. GXLK.L - Dividend Comparison
Neither DAGB.L nor GXLK.L has paid dividends to shareholders.
Frequently Asked Questions
DAGB.L and GXLK.L have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, GXLK.L is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
GXLK.L is cheaper with a 0.15% expense ratio, compared with 0.65% for DAGB.L.
Both ETFs track MSCI World/Information Tech NR USD. They also come from different issuers: VanEck and State Street. Their fees differ too: 0.65% for DAGB.L and 0.15% for GXLK.L.
Find the right allocation for DAGB.L and GXLK.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer