ESIF.DE vs. XLF

Last updated Apr 2, 2026

Compare and contrast key facts about iShares MSCI Europe Financials Sector UCITS ETF EUR (Acc) (ESIF.DE) and Financial Select Sector SPDR Fund (XLF).

ESIF.DE and XLF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ESIF.DE is a passively managed fund by iShares that tracks the performance of the MSCI World/Financials NR USD. It was launched on Nov 18, 2020. XLF is a passively managed fund by State Street that tracks the performance of the Financial Select Sector Index. It was launched on Dec 16, 1998. Both ESIF.DE and XLF 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

ESIF.DE vs. XLF - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares MSCI Europe Financials Sector UCITS ETF EUR (Acc) (ESIF.DE) and Financial Select Sector SPDR Fund (XLF). The values are adjusted to include any dividend payments, if applicable.

ESIF.DE vs. XLF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
ESIF.DE iShares MSCI Europe Financials Sector UCITS ETF EUR (Acc)	-3.07%	47.69%	25.31%	21.61%	-2.88%	29.09%	3.24%
XLF Financial Select Sector SPDR Fund	-7.87%	1.27%	39.17%	8.67%	-5.05%	44.88%	5.79%

Different Trading Currencies

ESIF.DE is traded in EUR, while XLF is traded in USD. To make them comparable, the XLF values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, ESIF.DE achieves a -3.07% return, which is significantly higher than XLF's -7.87% return.

ESIF.DE

• 1D: 3.73%
• 1M: -2.04%
• YTD: -3.07%
• 6M: 6.22%
• 1Y: 20.62%
• 3Y*: 27.81%
• 5Y*: 19.07%
• 10Y*: —

XLF

• 1D: 0.04%
• 1M: -2.11%
• YTD: -7.87%
• 6M: -5.27%
• 1Y: -5.84%
• 3Y*: 14.80%
• 5Y*: 9.76%
• 10Y*: 12.28%

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

ESIF.DE vs. XLF - Expense Ratio Comparison

ESIF.DE has a 0.18% expense ratio, which is higher than XLF's 0.13% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

ESIF.DE

iShares MSCI Europe Financials Sector UCITS ETF EUR (Acc)

XLF

Financial Select Sector SPDR Fund

Return for Risk

ESIF.DE vs. XLF — Risk / Return Rank

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

ESIF.DE

ESIF.DE Risk / Return Rank: 54
ESIF.DE Sharpe Ratio Rank: 53
ESIF.DE Sortino Ratio Rank: 50
ESIF.DE Omega Ratio Rank: 50
ESIF.DE Calmar Ratio Rank: 63
ESIF.DE Martin Ratio Rank: 54

XLF

XLF Risk / Return Rank: 13
XLF Sharpe Ratio Rank: 13
XLF Sortino Ratio Rank: 12
XLF Omega Ratio Rank: 12
XLF Calmar Ratio Rank: 13
XLF Martin Ratio Rank: 13

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.

ESIF.DE vs. XLF - 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 Financial Select Sector SPDR Fund (XLF). 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.

	ESIF.DE	XLF	Difference
Sharpe ratio Return per unit of total volatility	1.00	-0.27	+1.27
Sortino ratio Return per unit of downside risk	1.40	-0.23	+1.63
Omega ratio Gain probability vs. loss probability	1.20	0.97	+0.23
Calmar ratio Return relative to maximum drawdown	1.69	-0.40	+2.09
Martin ratio Return relative to average drawdown	5.56	-1.03	+6.59
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ESIF.DE vs. XLF - Sharpe Ratio Comparison

The current ESIF.DE Sharpe Ratio is 1.00, which is higher than the XLF Sharpe Ratio of -0.27. The chart below compares the historical Sharpe Ratios of ESIF.DE and XLF, 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

	ESIF.DE	XLF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.00	-0.27	+1.27
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.01	0.53	+0.48
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.54	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.13	0.18	+0.94

Correlation

The correlation between ESIF.DE and XLF is 0.42, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

ESIF.DE vs. XLF - Dividend Comparison

ESIF.DE has not paid dividends to shareholders, while XLF's dividend yield for the trailing twelve months is around 1.60%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ESIF.DE iShares MSCI Europe Financials Sector UCITS ETF EUR (Acc)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
XLF Financial Select Sector SPDR Fund	1.60%	1.31%	1.42%	1.71%	2.04%	1.63%	2.03%	1.87%	2.08%	1.48%	21.10%	1.95%

Drawdowns

ESIF.DE vs. XLF - Drawdown Comparison

The maximum ESIF.DE drawdown since its inception was -22.93%, smaller than the maximum XLF drawdown of -81.57%. Use the drawdown chart below to compare losses from any high point for ESIF.DE and XLF.

Drawdown Indicators

	ESIF.DE	XLF	Difference
Max Drawdown Largest peak-to-trough decline	-22.93%	-82.69%	+59.76%
Max Drawdown (1Y) Largest decline over 1 year	-14.82%	-14.79%	-0.03%
Max Drawdown (5Y) Largest decline over 5 years	-22.93%	-25.81%	+2.88%
Max Drawdown (10Y) Largest decline over 10 years	—	-42.86%	—
Current Drawdown Current decline from peak	-6.68%	-11.89%	+5.21%
Average Drawdown Average peak-to-trough decline	-4.19%	-20.10%	+15.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.77%	4.96%	-1.19%

Volatility

ESIF.DE vs. XLF - Volatility Comparison

iShares MSCI Europe Financials Sector UCITS ETF EUR (Acc) (ESIF.DE) has a higher volatility of 7.75% compared to Financial Select Sector SPDR Fund (XLF) at 4.11%. This indicates that ESIF.DE's price experiences larger fluctuations and is considered to be riskier than XLF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ESIF.DE	XLF	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.75%	4.11%	+3.64%
Volatility (6M) Calculated over the trailing 6-month period	13.10%	11.98%	+1.12%
Volatility (1Y) Calculated over the trailing 1-year period	20.63%	21.47%	-0.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.74%	18.65%	+0.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.75%	22.75%	-4.00%