ESIF.DE vs. UTIL.L
ESIF.DE (iShares MSCI Europe Financials Sector UCITS ETF EUR (Acc)) and UTIL.L (SPDR MSCI Europe Utilities UCITS ETF) are both exchange-traded funds - ESIF.DE is a Financials Equities fund tracking the MSCI World/Financials NR USD, while UTIL.L is a Utilities Equities fund tracking the MSCI World/Utilities NR USD. Both are passively managed. Over the past 5 years, ESIF.DE returned 21.29%/yr vs 12.71%/yr for UTIL.L. At a 0.36 correlation, their price movements are largely independent. Both charge a 0.18% expense ratio.
Performance
ESIF.DE vs. UTIL.L - Performance Comparison
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Returns By Period
In the year-to-date period, ESIF.DE achieves a 10.91% return, which is significantly lower than UTIL.L's 17.24% return.
ESIF.DE
- 1D
- 0.87%
- 1M
- 5.20%
- YTD
- 10.91%
- 6M
- 11.36%
- 1Y
- 34.30%
- 3Y*
- 32.44%
- 5Y*
- 21.29%
- 10Y*
- —
UTIL.L
- 1D
- 1.64%
- 1M
- 0.87%
- YTD
- 17.24%
- 6M
- 18.43%
- 1Y
- 29.58%
- 3Y*
- 18.13%
- 5Y*
- 12.71%
- 10Y*
- 11.90%
ESIF.DE vs. UTIL.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
ESIF.DE iShares MSCI Europe Financials Sector UCITS ETF EUR (Acc) | 10.91% | 47.72% | 25.25% | 21.60% | -2.85% | 29.01% | 2.38% |
UTIL.L SPDR MSCI Europe Utilities UCITS ETF | 17.24% | 33.98% | 1.33% | 13.09% | -6.77% | 8.27% | 3.26% |
Correlation
The correlation between ESIF.DE and UTIL.L is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.28 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.30 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.38 |
Correlation (All Time) Calculated using the full available price history since Nov 18, 2020 | 0.36 |
The correlation between ESIF.DE and UTIL.L shifts across timeframes, from 0.28 (1 year) to 0.38 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
ESIF.DE vs. UTIL.L — Risk / Return Rank
ESIF.DE
UTIL.L
ESIF.DE vs. UTIL.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Europe Financials Sector UCITS ETF EUR (Acc) (ESIF.DE) and SPDR MSCI Europe Utilities UCITS ETF (UTIL.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.
| ESIF.DE | UTIL.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.09 | ||
| Sortino ratioReturn per unit of downside risk | +0.10 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.36 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 2.76 | 4.03 | -1.27 |
| Martin ratioReturn relative to average drawdown | 9.45 | 10.82 | -1.37 |
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Drawdowns
ESIF.DE vs. UTIL.L - Drawdown Comparison
The maximum ESIF.DE drawdown since its inception was -22.87%, smaller than the maximum UTIL.L drawdown of -34.59%. Use the drawdown chart below to compare losses from any high point for ESIF.DE and UTIL.L.
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Drawdown Indicators
| ESIF.DE | UTIL.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.87% | -34.59% | +11.72% |
Max Drawdown (1Y)Largest decline over 1 year | -12.35% | -7.30% | -5.05% |
Max Drawdown (3Y)Largest decline over 3 years | -17.08% | -13.48% | -3.60% |
Max Drawdown (5Y)Largest decline over 5 years | -22.87% | -22.12% | -0.75% |
Max Drawdown (10Y)Largest decline over 10 years | — | -34.59% | — |
Current DrawdownCurrent decline from peak | -0.55% | -1.55% | +1.00% |
Average DrawdownAverage peak-to-trough decline | -4.10% | -6.00% | +1.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.62% | 2.73% | +0.89% |
Volatility
ESIF.DE vs. UTIL.L - Volatility Comparison
iShares MSCI Europe Financials Sector UCITS ETF EUR (Acc) (ESIF.DE) has a higher volatility of 5.16% compared to SPDR MSCI Europe Utilities UCITS ETF (UTIL.L) at 3.16%. This indicates that ESIF.DE's price experiences larger fluctuations and is considered to be riskier than UTIL.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ESIF.DE | UTIL.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.16% | 3.16% | +2.00% |
Volatility (6M)Calculated over the trailing 6-month period | 15.02% | 12.95% | +2.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.07% | 14.92% | +3.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.04% | 16.22% | +2.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.85% | 17.40% | +1.45% |
ESIF.DE vs. UTIL.L - Expense Ratio Comparison
Both ESIF.DE and UTIL.L have an expense ratio of 0.18%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
ESIF.DE vs. UTIL.L - Dividend Comparison
Neither ESIF.DE nor UTIL.L has paid dividends to shareholders.
Frequently Asked Questions
ESIF.DE and UTIL.L have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.18% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
ESIF.DE and UTIL.L have the same expense ratio: 0.18% per year.
ESIF.DE is categorized as Financials Equities, while UTIL.L is Utilities Equities. ESIF.DE tracks MSCI World/Financials NR USD, while UTIL.L tracks MSCI World/Utilities NR USD. They also come from different issuers: iShares and State Street.
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