PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
FINX.L vs. IDTW.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

FINX.L vs. IDTW.L

Last updated Jul 16, 2026
Documentation

FINX.L (Global X FinTech UCITS ETF USD Acc) and IDTW.L (iShares MSCI Taiwan UCITS ETF USD (Dist)) are both Technology Equities funds - FINX.L tracks the Global X FinTech UCITS ETF USD Acc while IDTW.L tracks the iShares MSCI Taiwan UCITS ETF USD (Dist). Both are passively managed. Over the past 3 years, FINX.L returned 2.93%/yr vs 39.37%/yr for IDTW.L. A 0.53 correlation means they provide meaningful diversification when combined.

Performance

FINX.L vs. IDTW.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X FinTech UCITS ETF USD Acc (FINX.L) and iShares MSCI Taiwan UCITS ETF USD (Dist) (IDTW.L). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, FINX.L achieves a -11.90% return, which is significantly lower than IDTW.L's 57.81% return.

FINX.L

1D
-0.47%
1M
4.33%
6M
-11.90%
YTD
-11.90%
1Y
-23.33%
3Y*
2.93%
5Y*
—
10Y*
—

IDTW.L

1D
-1.85%
1M
-6.53%
6M
50.70%
YTD
57.81%
1Y
84.29%
3Y*
39.37%
5Y*
19.77%
10Y*
20.33%
*Multi-year figures are annualized to reflect compound growth (CAGR)

FINX.L vs. IDTW.L - Yearly Performance Comparison

2026 (YTD)20252024202320222021
FINX.L
Global X FinTech UCITS ETF USD Acc		-11.90%-5.95%22.04%36.70%-52.82%-16.40%
IDTW.L
iShares MSCI Taiwan UCITS ETF USD (Dist)		57.81%31.78%23.61%28.84%-29.55%3.96%

Correlation

The correlation between FINX.L and IDTW.L is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.43

Correlation (3Y)
Calculated over the trailing 3-year period

0.48

Correlation (All Time)
Calculated using the full available price history since Nov 16, 2021

0.53

The correlation between FINX.L and IDTW.L has been stable across timeframes, ranging from 0.43 to 0.53 - a consistent structural relationship.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Global X FinTech UCITS ETF USD Acc

iShares MSCI Taiwan UCITS ETF USD (Dist)

Return for Risk

FINX.L vs. IDTW.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
FINX.L
FINX.L Risk / Return Rank: 44
Overall Rank
FINX.L Sharpe Ratio Rank: 33
Sharpe Ratio Rank
FINX.L Sortino Ratio Rank: 33
Sortino Ratio Rank
FINX.L Omega Ratio Rank: 33
Omega Ratio Rank
FINX.L Calmar Ratio Rank: 44
Calmar Ratio Rank
FINX.L Martin Ratio Rank: 44
Martin Ratio Rank
IDTW.L
IDTW.L Risk / Return Rank: 9393
Overall Rank
IDTW.L Sharpe Ratio Rank: 9595
Sharpe Ratio Rank
IDTW.L Sortino Ratio Rank: 9191
Sortino Ratio Rank
IDTW.L Omega Ratio Rank: 9191
Omega Ratio Rank
IDTW.L Calmar Ratio Rank: 9696
Calmar Ratio Rank
IDTW.L Martin Ratio Rank: 9393
Martin Ratio Rank
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.

FINX.L vs. IDTW.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X FinTech UCITS ETF USD Acc (FINX.L) and iShares MSCI Taiwan UCITS ETF USD (Dist) (IDTW.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.

FINX.LIDTW.LDifference
Sharpe ratioReturn per unit of total volatility
-0.78
2.96

-3.74

Sortino ratioReturn per unit of downside risk
-0.98
3.56

-4.54

Omega ratioGain probability vs. loss probability

0.88

1.48

-0.60

Calmar ratioReturn relative to maximum drawdown

-0.63

7.24

-7.87

Martin ratioReturn relative to average drawdown

-1.04

19.11

-20.16

FINX.L vs. IDTW.L - Sharpe Ratio Comparison

The current FINX.L Sharpe Ratio is -0.78, which is lower than the IDTW.L Sharpe Ratio of 2.96. The chart below compares the historical Sharpe Ratios of FINX.L and IDTW.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.

Loading charts...

Drawdowns

FINX.L vs. IDTW.L - Drawdown Comparison

The maximum FINX.L drawdown since its inception was -62.08%, roughly equal to the maximum IDTW.L drawdown of -60.07%. Use the drawdown chart below to compare losses from any high point for FINX.L and IDTW.L.

Loading charts...

Drawdown Indicators

FINX.LIDTW.LDifference

Max Drawdown

Largest peak-to-trough decline

-62.08%

-60.07%

-2.01%

Max Drawdown (1Y)

Largest decline over 1 year

-36.51%

-11.44%

-25.07%

Max Drawdown (3Y)

Largest decline over 3 years

-36.51%

-28.24%

-8.27%

Max Drawdown (5Y)

Largest decline over 5 years

—

-40.98%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-40.98%

—

Current Drawdown

Current decline from peak

-45.48%

-11.06%

-34.42%

Average Drawdown

Average peak-to-trough decline

-44.53%

-12.59%

-31.94%

Ulcer Index

Depth and duration of drawdowns from previous peaks

22.04%

4.34%

+17.70%

Volatility

FINX.L vs. IDTW.L - Volatility Comparison

The current volatility for Global X FinTech UCITS ETF USD Acc (FINX.L) is 8.64%, while iShares MSCI Taiwan UCITS ETF USD (Dist) (IDTW.L) has a volatility of 11.69%. This indicates that FINX.L experiences smaller price fluctuations and is considered to be less risky than IDTW.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

FINX.LIDTW.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

8.64%

11.69%

-3.05%

Volatility (6M)

Calculated over the trailing 6-month period

24.04%

24.41%

-0.37%

Volatility (1Y)

Calculated over the trailing 1-year period

29.41%

27.97%

+1.44%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

31.30%

23.91%

+7.39%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

31.30%

22.38%

+8.92%

Dividends

FINX.L vs. IDTW.L - Dividend Comparison

FINX.L has not paid dividends to shareholders, while IDTW.L's dividend yield for the trailing twelve months is around 0.96%.

PositionTTM20252024202320222021202020192018201720162015
FINX.L
Global X FinTech UCITS ETF USD 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%
IDTW.L
iShares MSCI Taiwan UCITS ETF USD (Dist)		0.96%1.51%1.43%2.09%3.39%1.35%1.73%2.15%2.78%2.70%3.10%3.33%

Frequently Asked Questions

FINX.L and IDTW.L have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

FINX.L tracks Global X FinTech UCITS ETF USD Acc, while IDTW.L tracks iShares MSCI Taiwan UCITS ETF USD (Dist). They also come from different issuers: Global X and iShares.

Portfolio Optimizer

Find the right allocation for FINX.L and IDTW.L

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer