FINX.L vs. SHLD.L
FINX.L (Global X FinTech UCITS ETF USD (Acc)) and SHLD.L (iShares Digital Security UCITS ETF USD (Dist)) are both Technology Equities funds - FINX.L tracks the Indxx Global FinTech Thematic v2 Index while SHLD.L tracks the STOXX Global Digital Security Open Net Index in USD. Both are passively managed. Over the past 3 years, FINX.L returned 1.38%/yr vs 19.12%/yr for SHLD.L. Their correlation of 0.80 suggests significant overlap in exposure. FINX.L charges 0.60%/yr vs 0.40%/yr for SHLD.L.
Performance
FINX.L vs. SHLD.L - Performance Comparison
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Returns By Period
In the year-to-date period, FINX.L achieves a -15.02% return, which is significantly lower than SHLD.L's 16.56% return.
FINX.L
- 1D
- -3.30%
- 1M
- -1.25%
- 6M
- -13.54%
- YTD
- -15.02%
- 1Y
- -27.34%
- 3Y*
- 1.38%
- 5Y*
- —
- 10Y*
- —
SHLD.L
- 1D
- -0.54%
- 1M
- 3.39%
- 6M
- 16.67%
- YTD
- 16.56%
- 1Y
- 21.82%
- 3Y*
- 19.12%
- 5Y*
- 9.10%
- 10Y*
- —
FINX.L vs. SHLD.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
FINX.L Global X FinTech UCITS ETF USD (Acc) | -15.02% | -5.95% | 22.04% | 36.70% | -52.82% | -16.40% |
SHLD.L iShares Digital Security UCITS ETF USD (Dist) | 16.56% | 11.51% | 16.55% | 33.91% | -29.11% | -3.23% |
Correlation
The correlation between FINX.L and SHLD.L is 0.68, 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 | 0.68 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.75 |
Correlation (All Time) Calculated using the full available price history since Nov 16, 2021 | 0.80 |
The correlation between FINX.L and SHLD.L shifts across timeframes, from 0.68 (1 year) to 0.80 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
FINX.L vs. SHLD.L — Risk / Return Rank
FINX.L
SHLD.L
FINX.L vs. SHLD.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 Digital Security UCITS ETF USD (Dist) (SHLD.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.L | SHLD.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.93 | ||
| Sortino ratioReturn per unit of downside risk | -2.76 | ||
| Omega ratioGain probability vs. loss probability | 0.86 | 1.18 | -0.33 |
| Calmar ratioReturn relative to maximum drawdown | -0.75 | 1.91 | -2.65 |
| Martin ratioReturn relative to average drawdown | -1.23 | 4.12 | -5.36 |
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Drawdowns
FINX.L vs. SHLD.L - Drawdown Comparison
The maximum FINX.L drawdown since its inception was -62.08%, which is greater than SHLD.L's maximum drawdown of -36.07%. Use the drawdown chart below to compare losses from any high point for FINX.L and SHLD.L.
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Drawdown Indicators
| FINX.L | SHLD.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.08% | -36.07% | -26.01% |
Max Drawdown (1Y)Largest decline over 1 year | -36.51% | -11.40% | -25.11% |
Max Drawdown (3Y)Largest decline over 3 years | -36.51% | -22.72% | -13.79% |
Max Drawdown (5Y)Largest decline over 5 years | — | -36.07% | — |
Current DrawdownCurrent decline from peak | -47.41% | -5.36% | -42.05% |
Average DrawdownAverage peak-to-trough decline | -44.53% | -9.27% | -35.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.11% | 5.28% | +16.83% |
Volatility
FINX.L vs. SHLD.L - Volatility Comparison
Global X FinTech UCITS ETF USD (Acc) (FINX.L) has a higher volatility of 8.96% compared to iShares Digital Security UCITS ETF USD (Dist) (SHLD.L) at 6.81%. This indicates that FINX.L's price experiences larger fluctuations and is considered to be riskier than SHLD.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FINX.L | SHLD.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.96% | 6.81% | +2.15% |
Volatility (6M)Calculated over the trailing 6-month period | 24.25% | 18.09% | +6.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.59% | 21.64% | +7.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.33% | 21.39% | +9.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.33% | 21.22% | +10.11% |
FINX.L vs. SHLD.L - Expense Ratio Comparison
FINX.L has a 0.60% expense ratio, which is higher than SHLD.L's 0.40% expense ratio.
Dividends
FINX.L vs. SHLD.L - Dividend Comparison
FINX.L has not paid dividends to shareholders, while SHLD.L's dividend yield for the trailing twelve months is around 0.35%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
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% |
SHLD.L iShares Digital Security UCITS ETF USD (Dist) | 0.35% | 0.39% | 0.48% | 0.43% | 0.63% | 0.66% | 0.84% | 1.00% |
Frequently Asked Questions
FINX.L and SHLD.L have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SHLD.L is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SHLD.L is cheaper with a 0.40% expense ratio, compared with 0.60% for FINX.L.
FINX.L tracks Indxx Global FinTech Thematic v2 Index, while SHLD.L tracks STOXX Global Digital Security Open Net Index in USD. They also come from different issuers: Global X and iShares. Their fees differ too: 0.60% for FINX.L and 0.40% for SHLD.L.
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