ESIT.L vs. XS8R.L
Compare and contrast key facts about iShares MSCI Europe Information Technology Sector UCITS ETF (ESIT.L) and Xtrackers MSCI Europe Information Technology ESG Screened UCITS ETF 1C (XS8R.L).
ESIT.L and XS8R.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ESIT.L is a passively managed fund by iShares that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on Nov 18, 2020. XS8R.L is a passively managed fund by Xtrackers that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on Jun 29, 2007. Both ESIT.L and XS8R.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: ESIT.L or XS8R.L.
Key characteristics
| ESIT.L | XS8R.L | |
|---|---|---|
| YTD Return | -2.50% | -8.48% |
| 1Y Return | 18.37% | 13.31% |
| 3Y Return (Ann) | -0.35% | -1.88% |
| Sharpe Ratio | 0.82 | 0.62 |
| Sortino Ratio | 1.22 | 0.96 |
| Omega Ratio | 1.16 | 1.13 |
| Calmar Ratio | 0.80 | 0.59 |
| Martin Ratio | 2.60 | 1.54 |
| Ulcer Index | 7.08% | 8.65% |
| Daily Std Dev | 22.56% | 21.39% |
| Max Drawdown | -37.50% | -37.17% |
| Current Drawdown | -17.28% | -20.12% |
Correlation
The correlation between ESIT.L and XS8R.L is 0.98, 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
ESIT.L vs. XS8R.L - Performance Comparison
In the year-to-date period, ESIT.L achieves a -2.50% return, which is significantly higher than XS8R.L's -8.48% 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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ESIT.L vs. XS8R.L - Expense Ratio Comparison
ESIT.L has a 0.18% expense ratio, which is lower than XS8R.L's 0.20% 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%.
Risk-Adjusted Performance
ESIT.L vs. XS8R.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Europe Information Technology Sector UCITS ETF (ESIT.L) and Xtrackers MSCI Europe Information Technology ESG Screened UCITS ETF 1C (XS8R.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
ESIT.L vs. XS8R.L - Dividend Comparison
Neither ESIT.L nor XS8R.L has paid dividends to shareholders.
Drawdowns
ESIT.L vs. XS8R.L - Drawdown Comparison
The maximum ESIT.L drawdown since its inception was -37.50%, roughly equal to the maximum XS8R.L drawdown of -37.17%. Use the drawdown chart below to compare losses from any high point for ESIT.L and XS8R.L. For additional features, visit the drawdowns tool.
Volatility
ESIT.L vs. XS8R.L - Volatility Comparison
iShares MSCI Europe Information Technology Sector UCITS ETF (ESIT.L) and Xtrackers MSCI Europe Information Technology ESG Screened UCITS ETF 1C (XS8R.L) have volatilities of 9.11% and 8.84%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.