EBIZ.L vs. SXLY.L

Last updated Jul 16, 2026

EBIZ.L (Global X E-commerce UCITS ETF USD (Acc)) and SXLY.L (SPDR S&P US Consumer Discretionary Select Sector UCITS ETF) are both Consumer Discretionary Equities funds - EBIZ.L tracks the Solactive E-commerce v2 Index while SXLY.L tracks the Cat 50%MSCI Wld/CD NR&50%MSCI Wld/CS NR. Both are passively managed. Over the past 3 years, EBIZ.L returned 14.98%/yr vs 13.40%/yr for SXLY.L. A 0.74 correlation means they provide meaningful diversification when combined. EBIZ.L charges 0.50%/yr vs 0.15%/yr for SXLY.L.

Performance

EBIZ.L vs. SXLY.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X E-commerce UCITS ETF USD (Acc) (EBIZ.L) and SPDR S&P US Consumer Discretionary Select Sector UCITS ETF (SXLY.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EBIZ.L achieves a -9.29% return, which is significantly lower than SXLY.L's 0.67% return.

EBIZ.L

• 1D: -0.33%
• 1M: 6.37%
• 6M: -12.15%
• YTD: -9.29%
• 1Y: -4.24%
• 3Y*: 14.98%
• 5Y*: —
• 10Y*: —

SXLY.L

• 1D: 1.93%
• 1M: 0.16%
• 6M: -1.48%
• YTD: 0.67%
• 1Y: 10.69%
• 3Y*: 13.40%
• 5Y*: 8.43%
• 10Y*: 13.22%

*Multi-year figures are annualized to reflect compound growth (CAGR)

EBIZ.L vs. SXLY.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
EBIZ.L Global X E-commerce UCITS ETF USD (Acc)	-9.29%	18.17%	30.42%	32.47%	-41.59%	-14.92%
SXLY.L SPDR S&P US Consumer Discretionary Select Sector UCITS ETF	0.67%	8.35%	29.22%	41.53%	-34.41%	0.33%

Correlation

The correlation between EBIZ.L and SXLY.L is 0.70, 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	0.70
Correlation (3Y) Calculated over the trailing 3-year period	0.70
Correlation (All Time) Calculated using the full available price history since Nov 16, 2021	0.74

The correlation between EBIZ.L and SXLY.L has been stable across timeframes, ranging from 0.70 to 0.74 - a consistent structural relationship.

Return for Risk

EBIZ.L vs. SXLY.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EBIZ.L

EBIZ.L Risk / Return Rank: 8
EBIZ.L Sharpe Ratio Rank: 8
EBIZ.L Sortino Ratio Rank: 7
EBIZ.L Omega Ratio Rank: 7
EBIZ.L Calmar Ratio Rank: 8
EBIZ.L Martin Ratio Rank: 8

SXLY.L

SXLY.L Risk / Return Rank: 20
SXLY.L Sharpe Ratio Rank: 20
SXLY.L Sortino Ratio Rank: 20
SXLY.L Omega Ratio Rank: 18
SXLY.L Calmar Ratio Rank: 20
SXLY.L Martin Ratio Rank: 21

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EBIZ.L vs. SXLY.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X E-commerce UCITS ETF USD (Acc) (EBIZ.L) and SPDR S&P US Consumer Discretionary Select Sector UCITS ETF (SXLY.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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	EBIZ.L	SXLY.L	Difference
Sharpe ratio: Return per unit of total volatility	-0.18	0.55	-0.73
Sortino ratio: Return per unit of downside risk	-0.11	0.94	-1.04
Omega ratio: Gain probability vs. loss probability	0.99	1.11	-0.12
Calmar ratio: Return relative to maximum drawdown	-0.14	0.71	-0.84
Martin ratio: Return relative to average drawdown	-0.24	2.03	-2.28

EBIZ.L vs. SXLY.L - Sharpe Ratio Comparison

The current EBIZ.L Sharpe Ratio is -0.18, which is lower than the SXLY.L Sharpe Ratio of 0.55. The chart below compares the historical Sharpe Ratios of EBIZ.L and SXLY.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

EBIZ.L vs. SXLY.L - Drawdown Comparison

The maximum EBIZ.L drawdown since its inception was -56.06%, which is greater than SXLY.L's maximum drawdown of -37.79%. Use the drawdown chart below to compare losses from any high point for EBIZ.L and SXLY.L.

Drawdown Indicators

	EBIZ.L	SXLY.L	Difference
Max Drawdown Largest peak-to-trough decline	-56.06%	-37.79%	-18.27%
Max Drawdown (1Y) Largest decline over 1 year	-26.87%	-15.06%	-11.81%
Max Drawdown (3Y) Largest decline over 3 years	-26.87%	-25.30%	-1.57%
Max Drawdown (5Y) Largest decline over 5 years	—	-37.79%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-37.79%	—
Current Drawdown Current decline from peak	-16.87%	-3.33%	-13.54%
Average Drawdown Average peak-to-trough decline	-27.43%	-7.84%	-19.59%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.11%	5.25%	+9.86%

Volatility

EBIZ.L vs. SXLY.L - Volatility Comparison

Global X E-commerce UCITS ETF USD (Acc) (EBIZ.L) and SPDR S&P US Consumer Discretionary Select Sector UCITS ETF (SXLY.L) have volatilities of 6.78% and 6.63%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EBIZ.L	SXLY.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.78%	6.63%	+0.15%
Volatility (6M) Calculated over the trailing 6-month period	17.02%	15.52%	+1.50%
Volatility (1Y) Calculated over the trailing 1-year period	20.87%	19.26%	+1.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.68%	22.73%	+5.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.68%	21.13%	+7.55%

EBIZ.L vs. SXLY.L - Expense Ratio Comparison

EBIZ.L has a 0.50% expense ratio, which is higher than SXLY.L's 0.15% expense ratio.

Dividends

EBIZ.L vs. SXLY.L - Dividend Comparison

Neither EBIZ.L nor SXLY.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both EBIZ.L and SXLY.L in my portfolio?

EBIZ.L and SXLY.L have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, EBIZ.L or SXLY.L?

On fees, SXLY.L is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EBIZ.L or SXLY.L?

SXLY.L is cheaper with a 0.15% expense ratio, compared with 0.50% for EBIZ.L.

What is the main difference between EBIZ.L and SXLY.L?

EBIZ.L tracks Solactive E-commerce v2 Index, while SXLY.L tracks Cat 50%MSCI Wld/CD NR&50%MSCI Wld/CS NR. They also come from different issuers: Global X and State Street. Their fees differ too: 0.50% for EBIZ.L and 0.15% for SXLY.L.