ECOG.L vs. XNNS.L

Last updated Apr 2, 2026

Compare and contrast key facts about Legal & General UCITS ETF plc - L&G Ecommerce Logistics UCITS ETF (ECOG.L) and Xtrackers MSCI Innovation UCITS ETF 1C (XNNS.L).

ECOG.L and XNNS.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ECOG.L is a passively managed fund by Legal & General that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on Jan 18, 2018. XNNS.L is a passively managed fund by DWS that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on Jul 12, 2022. Both ECOG.L and XNNS.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

ECOG.L vs. XNNS.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Legal & General UCITS ETF plc - L&G Ecommerce Logistics UCITS ETF (ECOG.L) and Xtrackers MSCI Innovation UCITS ETF 1C (XNNS.L). The values are adjusted to include any dividend payments, if applicable.

ECOG.L vs. XNNS.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
ECOG.L Legal & General UCITS ETF plc - L&G Ecommerce Logistics UCITS ETF	-5.84%	3.54%	4.57%	15.08%	0.56%
XNNS.L Xtrackers MSCI Innovation UCITS ETF 1C	-8.89%	6.27%	24.09%	26.71%	-12.09%

Different Trading Currencies

ECOG.L is traded in GBp, while XNNS.L is traded in GBP. To make them comparable, the XNNS.L values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, ECOG.L achieves a -5.84% return, which is significantly higher than XNNS.L's -8.89% return.

ECOG.L

• 1D: 2.39%
• 1M: -3.46%
• YTD: -5.84%
• 6M: -5.65%
• 1Y: 1.67%
• 3Y*: 2.99%
• 5Y*: 2.43%
• 10Y*: —

XNNS.L

• 1D: 1.89%
• 1M: -2.98%
• YTD: -8.89%
• 6M: -8.31%
• 1Y: 5.61%
• 3Y*: 10.36%
• 5Y*: —
• 10Y*: —

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

ECOG.L vs. XNNS.L - Expense Ratio Comparison

ECOG.L has a 0.49% expense ratio, which is higher than XNNS.L's 0.35% expense ratio.

ECOG.L

Legal & General UCITS ETF plc - L&G Ecommerce Logistics UCITS ETF

XNNS.L

Xtrackers MSCI Innovation UCITS ETF 1C

Return for Risk

ECOG.L vs. XNNS.L — Risk / Return Rank

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

ECOG.L

ECOG.L Risk / Return Rank: 14
ECOG.L Sharpe Ratio Rank: 14
ECOG.L Sortino Ratio Rank: 13
ECOG.L Omega Ratio Rank: 13
ECOG.L Calmar Ratio Rank: 14
ECOG.L Martin Ratio Rank: 14

XNNS.L

XNNS.L Risk / Return Rank: 19
XNNS.L Sharpe Ratio Rank: 20
XNNS.L Sortino Ratio Rank: 20
XNNS.L Omega Ratio Rank: 19
XNNS.L Calmar Ratio Rank: 19
XNNS.L Martin Ratio Rank: 19

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.

ECOG.L vs. XNNS.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Legal & General UCITS ETF plc - L&G Ecommerce Logistics UCITS ETF (ECOG.L) and Xtrackers MSCI Innovation UCITS ETF 1C (XNNS.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.

	ECOG.L	XNNS.L	Difference
Sharpe ratio Return per unit of total volatility	0.10	0.33	-0.23
Sortino ratio Return per unit of downside risk	0.25	0.56	-0.31
Omega ratio Gain probability vs. loss probability	1.03	1.07	-0.04
Calmar ratio Return relative to maximum drawdown	0.13	0.36	-0.22
Martin ratio Return relative to average drawdown	0.44	1.10	-0.66
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ECOG.L vs. XNNS.L - Sharpe Ratio Comparison

The current ECOG.L Sharpe Ratio is 0.10, which is lower than the XNNS.L Sharpe Ratio of 0.33. The chart below compares the historical Sharpe Ratios of ECOG.L and XNNS.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	ECOG.L	XNNS.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.10	0.33	-0.23
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.15	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.44	0.47	-0.03

Correlation

The correlation between ECOG.L and XNNS.L is 0.73, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

ECOG.L vs. XNNS.L - Dividend Comparison

Neither ECOG.L nor XNNS.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

ECOG.L vs. XNNS.L - Drawdown Comparison

The maximum ECOG.L drawdown since its inception was -26.12%, which is greater than XNNS.L's maximum drawdown of -23.14%. Use the drawdown chart below to compare losses from any high point for ECOG.L and XNNS.L.

Drawdown Indicators

	ECOG.L	XNNS.L	Difference
Max Drawdown Largest peak-to-trough decline	-26.12%	-23.14%	-2.98%
Max Drawdown (1Y) Largest decline over 1 year	-13.37%	-16.12%	+2.75%
Max Drawdown (5Y) Largest decline over 5 years	-26.12%	—	—
Current Drawdown Current decline from peak	-9.24%	-12.87%	+3.63%
Average Drawdown Average peak-to-trough decline	-7.66%	-5.61%	-2.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.91%	5.23%	-1.32%

Volatility

ECOG.L vs. XNNS.L - Volatility Comparison

Legal & General UCITS ETF plc - L&G Ecommerce Logistics UCITS ETF (ECOG.L) has a higher volatility of 5.88% compared to Xtrackers MSCI Innovation UCITS ETF 1C (XNNS.L) at 5.17%. This indicates that ECOG.L's price experiences larger fluctuations and is considered to be riskier than XNNS.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ECOG.L	XNNS.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.88%	5.17%	+0.71%
Volatility (6M) Calculated over the trailing 6-month period	11.76%	10.62%	+1.14%
Volatility (1Y) Calculated over the trailing 1-year period	17.47%	17.27%	+0.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.50%	17.51%	-1.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.10%	17.51%	-0.41%