ESIF.L vs. UIFS.L
Compare and contrast key facts about iShares MSCI Europe Financials Sector UCITS ETF (ESIF.L) and iShares S&P 500 Financials Sector UCITS ETF (Acc) (UIFS.L).
ESIF.L and UIFS.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ESIF.L 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. UIFS.L is a passively managed fund by iShares that tracks the performance of the MSCI World/Financials NR USD. It was launched on Nov 20, 2015. Both ESIF.L and UIFS.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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ESIF.L or UIFS.L.
Key characteristics
| ESIF.L | UIFS.L | |
|---|---|---|
| YTD Return | 7.93% | 9.63% |
| 1Y Return | 21.30% | 27.74% |
| 3Y Return (Ann) | 12.54% | 8.93% |
| Sharpe Ratio | 1.64 | 2.27 |
| Daily Std Dev | 13.08% | 12.48% |
| Max Drawdown | -23.55% | -35.31% |
| Current Drawdown | -2.38% | -2.71% |
Correlation
The correlation between ESIF.L and UIFS.L is 0.75, 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.
Performance
ESIF.L vs. UIFS.L - Performance Comparison
In the year-to-date period, ESIF.L achieves a 7.93% return, which is significantly lower than UIFS.L's 9.63% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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ESIF.L vs. UIFS.L - Expense Ratio Comparison
ESIF.L has a 0.18% expense ratio, which is higher than UIFS.L's 0.15% 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%.
Risk-Adjusted Performance
ESIF.L vs. UIFS.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Europe Financials Sector UCITS ETF (ESIF.L) and iShares S&P 500 Financials Sector UCITS ETF (Acc) (UIFS.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.
Dividends
ESIF.L vs. UIFS.L - Dividend Comparison
Neither ESIF.L nor UIFS.L has paid dividends to shareholders.
Drawdowns
ESIF.L vs. UIFS.L - Drawdown Comparison
The maximum ESIF.L drawdown since its inception was -23.55%, smaller than the maximum UIFS.L drawdown of -35.31%. Use the drawdown chart below to compare losses from any high point for ESIF.L and UIFS.L. For additional features, visit the drawdowns tool.
Volatility
ESIF.L vs. UIFS.L - Volatility Comparison
iShares MSCI Europe Financials Sector UCITS ETF (ESIF.L) has a higher volatility of 4.88% compared to iShares S&P 500 Financials Sector UCITS ETF (Acc) (UIFS.L) at 3.99%. This indicates that ESIF.L's price experiences larger fluctuations and is considered to be riskier than UIFS.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.