FING.L vs. FINW.L

Last updated Jun 4, 2026

FING.L (Global X FinTech UCITS ETF USD Distributing) and FINW.L (Lyxor MSCI World Financials TR UCITS) are both Financials Equities funds - FING.L tracks the Indxx Global Fintech Thematic while FINW.L tracks the MSCI World/Financials NR USD. Both are passively managed. Over the past 3 years, FING.L returned 2.99%/yr vs 19.87%/yr for FINW.L. A 0.60 correlation means they provide meaningful diversification when combined. FING.L charges 0.60%/yr vs 0.30%/yr for FINW.L.

Performance

FING.L vs. FINW.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Global X FinTech UCITS ETF USD Distributing (FING.L) and Lyxor MSCI World Financials TR UCITS (FINW.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

FING.L is traded in GBP, while FINW.L is traded in USD. To make them comparable, the FINW.L values have been converted to GBP using the latest available exchange rates.

Returns By Period

In the year-to-date period, FING.L achieves a -16.91% return, which is significantly lower than FINW.L's -1.25% return.

FING.L

• 1D: -4.14%
• 1M: -2.65%
• YTD: -16.91%
• 6M: -19.10%
• 1Y: -19.47%
• 3Y*: 2.99%
• 5Y*: —
• 10Y*: —

FINW.L

• 1D: -1.18%
• 1M: -0.63%
• YTD: -1.25%
• 6M: 2.89%
• 1Y: 13.02%
• 3Y*: 19.87%
• 5Y*: 12.49%
• 10Y*: 12.88%

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

FING.L vs. FINW.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
FING.L Global X FinTech UCITS ETF USD Distributing	-16.91%	-12.16%	24.04%	29.09%	-47.26%	-12.88%
FINW.L Lyxor MSCI World Financials TR UCITS	-1.25%	19.82%	28.50%	10.49%	0.85%	-1.12%

Correlation

The correlation between FING.L and FINW.L is 0.54, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.54
Correlation (3Y) Calculated over the trailing 3-year period	0.63
Correlation (All Time) Calculated using the full available price history since Nov 19, 2021	0.60

The correlation between FING.L and FINW.L has been stable across timeframes, ranging from 0.54 to 0.63 - a consistent structural relationship.

FING.L vs. FINW.L - Sectors Allocation Comparison

Sectors	FING.L	FINW.L
Technology	54.2%	40.1%
Financial Services	40.6%	14.4%
Industrials	3.9%	5.2%
Healthcare	1.4%	3.9%
Consumer Defensive	0.0%	10.1%
Basic Materials	-	3.6%
Communication Services	-	7.8%
Consumer Cyclical	-	11.1%
Energy	-	2.6%
Real Estate	-	0.5%
Utilities	-	0.7%

Return for Risk

FING.L vs. FINW.L — Risk / Return Rank

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

FING.L

FING.L Risk / Return Rank: 4
FING.L Sharpe Ratio Rank: 3
FING.L Sortino Ratio Rank: 3
FING.L Omega Ratio Rank: 3
FING.L Calmar Ratio Rank: 4
FING.L Martin Ratio Rank: 4

FINW.L

FINW.L Risk / Return Rank: 25
FINW.L Sharpe Ratio Rank: 24
FINW.L Sortino Ratio Rank: 25
FINW.L Omega Ratio Rank: 23
FINW.L Calmar Ratio Rank: 24
FINW.L Martin Ratio Rank: 27

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.

FING.L vs. FINW.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X FinTech UCITS ETF USD Distributing (FING.L) and Lyxor MSCI World Financials TR UCITS (FINW.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.

	FING.L	FINW.L	Difference
Sharpe ratio: Return per unit of total volatility	-0.75	0.95	-1.69
Sortino ratio: Return per unit of downside risk	-0.91	1.40	-2.30
Omega ratio: Gain probability vs. loss probability	0.89	1.17	-0.28
Calmar ratio: Return relative to maximum drawdown	-0.53	1.35	-1.88
Martin ratio: Return relative to average drawdown	-1.00	4.31	-5.31
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FING.L vs. FINW.L - Sharpe Ratio Comparison

The current FING.L Sharpe Ratio is -0.75, which is lower than the FINW.L Sharpe Ratio of 0.95. The chart below compares the historical Sharpe Ratios of FING.L and FINW.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FING.L	FINW.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.75	0.95	-1.69
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.76	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.71	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.45	0.61	-1.06

Drawdowns

FING.L vs. FINW.L - Drawdown Comparison

The maximum FING.L drawdown since its inception was -56.45%, which is greater than FINW.L's maximum drawdown of -35.63%. Use the drawdown chart below to compare losses from any high point for FING.L and FINW.L.

Drawdown Indicators

	FING.L	FINW.L	Difference
Max Drawdown Largest peak-to-trough decline	-56.45%	-35.63%	-20.82%
Max Drawdown (1Y) Largest decline over 1 year	-36.51%	-9.61%	-26.90%
Max Drawdown (3Y) Largest decline over 3 years	-38.02%	-16.29%	-21.73%
Max Drawdown (5Y) Largest decline over 5 years	—	-16.29%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.63%	—
Current Drawdown Current decline from peak	-46.60%	-2.88%	-43.72%
Average Drawdown Average peak-to-trough decline	-39.72%	-5.42%	-34.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	19.42%	3.01%	+16.41%

Volatility

FING.L vs. FINW.L - Volatility Comparison

Global X FinTech UCITS ETF USD Distributing (FING.L) has a higher volatility of 7.42% compared to Lyxor MSCI World Financials TR UCITS (FINW.L) at 3.78%. This indicates that FING.L's price experiences larger fluctuations and is considered to be riskier than FINW.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FING.L	FINW.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.42%	3.78%	+3.64%
Volatility (6M) Calculated over the trailing 6-month period	19.97%	10.80%	+9.17%
Volatility (1Y) Calculated over the trailing 1-year period	26.07%	13.67%	+12.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.65%	16.51%	+12.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.65%	18.20%	+10.45%

FING.L vs. FINW.L - Expense Ratio Comparison

FING.L has a 0.60% expense ratio, which is higher than FINW.L's 0.30% expense ratio.

Dividends

FING.L vs. FINW.L - Dividend Comparison

Neither FING.L nor FINW.L has paid dividends to shareholders.

Position	TTM	2025	2024	2023
FING.L Global X FinTech UCITS ETF USD Distributing	0.00%	0.00%	0.21%	0.08%
FINW.L Lyxor MSCI World Financials TR UCITS	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FING.L and FINW.L in my portfolio?

FING.L and FINW.L have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FING.L or FINW.L?

On fees, FINW.L is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FING.L or FINW.L?

FINW.L is cheaper with a 0.30% expense ratio, compared with 0.60% for FING.L.

What is the main difference between FING.L and FINW.L?

FING.L tracks Indxx Global Fintech Thematic, while FINW.L tracks MSCI World/Financials NR USD. They also come from different issuers: Global X and Amundi. Their fees differ too: 0.60% for FING.L and 0.30% for FINW.L.