ESGS.L vs. XLKQ.L
ESGS.L (Invesco MSCI USA Universal Screened UCITS ETF) and XLKQ.L (Invesco Technology S&P US Select Sector UCITS ETF GBP Acc) are both exchange-traded funds - ESGS.L is a Global Equities fund tracking the Invesco MSCI USA Universal Screened UCITS ETF, while XLKQ.L is a Technology Equities fund tracking the S&P Select Sector Capped 20% Technology Index. Both are passively managed. Over the past 5 years, ESGS.L returned 12.45%/yr vs 22.68%/yr for XLKQ.L. Their correlation of 0.88 suggests significant overlap in exposure. ESGS.L charges 0.09%/yr vs 0.14%/yr for XLKQ.L.
Performance
ESGS.L vs. XLKQ.L - Performance Comparison
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Returns By Period
In the year-to-date period, ESGS.L achieves a 10.62% return, which is significantly lower than XLKQ.L's 17.29% return.
ESGS.L
- 1D
- -0.42%
- 1M
- -1.16%
- 6M
- 9.99%
- YTD
- 10.62%
- 1Y
- 20.69%
- 3Y*
- 18.46%
- 5Y*
- 12.45%
- 10Y*
- —
XLKQ.L
- 1D
- -1.59%
- 1M
- -3.44%
- 6M
- 19.70%
- YTD
- 17.29%
- 1Y
- 31.37%
- 3Y*
- 30.04%
- 5Y*
- 22.68%
- 10Y*
- 25.10%
ESGS.L vs. XLKQ.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
ESGS.L Invesco MSCI USA Universal Screened UCITS ETF | 10.62% | 7.44% | 26.67% | 21.17% | -12.52% | 30.30% | 19.47% | -14.12% |
XLKQ.L Invesco Technology S&P US Select Sector UCITS ETF GBP Acc | 17.29% | 15.76% | 44.03% | 51.84% | -20.58% | 36.28% | 37.93% | 16.20% |
Correlation
The correlation between ESGS.L and XLKQ.L is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.83 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.84 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.87 |
Correlation (All Time) Calculated using the full available price history since Jun 13, 2019 | 0.88 |
The correlation between ESGS.L and XLKQ.L has been stable across timeframes, ranging from 0.83 to 0.88 - a consistent structural relationship.
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Return for Risk
ESGS.L vs. XLKQ.L — Risk / Return Rank
ESGS.L
XLKQ.L
ESGS.L vs. XLKQ.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco MSCI USA Universal Screened UCITS ETF (ESGS.L) and Invesco Technology S&P US Select Sector UCITS ETF GBP Acc (XLKQ.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.
| ESGS.L | XLKQ.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.43 | ||
| Sortino ratioReturn per unit of downside risk | +0.60 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.25 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 2.71 | 1.86 | +0.85 |
| Martin ratioReturn relative to average drawdown | 9.33 | 4.56 | +4.77 |
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Drawdowns
ESGS.L vs. XLKQ.L - Drawdown Comparison
The maximum ESGS.L drawdown since its inception was -29.04%, smaller than the maximum XLKQ.L drawdown of -38.43%. Use the drawdown chart below to compare losses from any high point for ESGS.L and XLKQ.L.
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Drawdown Indicators
| ESGS.L | XLKQ.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.04% | -38.43% | +9.39% |
Max Drawdown (1Y)Largest decline over 1 year | -8.16% | -16.76% | +8.60% |
Max Drawdown (3Y)Largest decline over 3 years | -21.65% | -28.74% | +7.09% |
Max Drawdown (5Y)Largest decline over 5 years | -21.65% | -28.74% | +7.09% |
Max Drawdown (10Y)Largest decline over 10 years | — | -28.74% | — |
Current DrawdownCurrent decline from peak | -2.34% | -7.95% | +5.61% |
Average DrawdownAverage peak-to-trough decline | -6.91% | -8.06% | +1.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.38% | 6.87% | -4.49% |
Volatility
ESGS.L vs. XLKQ.L - Volatility Comparison
The current volatility for Invesco MSCI USA Universal Screened UCITS ETF (ESGS.L) is 3.72%, while Invesco Technology S&P US Select Sector UCITS ETF GBP Acc (XLKQ.L) has a volatility of 7.47%. This indicates that ESGS.L experiences smaller price fluctuations and is considered to be less risky than XLKQ.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ESGS.L | XLKQ.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.72% | 7.47% | -3.75% |
Volatility (6M)Calculated over the trailing 6-month period | 8.56% | 16.46% | -7.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.63% | 21.19% | -9.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.36% | 26.43% | -6.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.42% | 23.45% | -2.03% |
ESGS.L vs. XLKQ.L - Expense Ratio Comparison
ESGS.L has a 0.09% expense ratio, which is lower than XLKQ.L's 0.14% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
ESGS.L vs. XLKQ.L - Dividend Comparison
Neither ESGS.L nor XLKQ.L has paid dividends to shareholders.
Frequently Asked Questions
ESGS.L and XLKQ.L have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ESGS.L is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ESGS.L is cheaper with a 0.09% expense ratio, compared with 0.14% for XLKQ.L.
ESGS.L is categorized as Global Equities, while XLKQ.L is Technology Equities. ESGS.L tracks Invesco MSCI USA Universal Screened UCITS ETF, while XLKQ.L tracks S&P Select Sector Capped 20% Technology Index. Their fees differ too: 0.09% for ESGS.L and 0.14% for XLKQ.L.
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