FINX.L vs. XLKS.L
FINX.L (Global X FinTech UCITS ETF USD Acc) and XLKS.L (Invesco Technology S&P US Select Sector UCITS ETF Acc) are both Technology Equities funds - FINX.L tracks the Global X FinTech UCITS ETF USD Acc while XLKS.L tracks the S&P® Select Sector Capped 20% Technology Index. Both are passively managed. Over the past 3 years, FINX.L returned 2.93%/yr vs 31.32%/yr for XLKS.L. A 0.65 correlation means they provide meaningful diversification when combined.
Performance
FINX.L vs. XLKS.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FINX.L achieves a -11.90% return, which is significantly lower than XLKS.L's 17.68% return.
FINX.L
- 1D
- -0.47%
- 1M
- 4.33%
- 6M
- -11.90%
- YTD
- -11.90%
- 1Y
- -23.33%
- 3Y*
- 2.93%
- 5Y*
- —
- 10Y*
- —
XLKS.L
- 1D
- -0.94%
- 1M
- -2.87%
- 6M
- 20.28%
- YTD
- 17.68%
- 1Y
- 32.56%
- 3Y*
- 31.32%
- 5Y*
- 22.18%
- 10Y*
- 25.36%
FINX.L vs. XLKS.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
FINX.L Global X FinTech UCITS ETF USD Acc | -11.90% | -5.95% | 22.04% | 36.70% | -52.82% | -16.40% |
XLKS.L Invesco Technology S&P US Select Sector UCITS ETF Acc | 17.68% | 24.23% | 41.72% | 60.64% | -29.12% | 4.11% |
Correlation
The correlation between FINX.L and XLKS.L is 0.52, 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 | 0.52 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.56 |
Correlation (All Time) Calculated using the full available price history since Nov 16, 2021 | 0.65 |
The correlation between FINX.L and XLKS.L shifts across timeframes, from 0.52 (1 year) to 0.65 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FINX.L vs. XLKS.L — Risk / Return Rank
FINX.L
XLKS.L
FINX.L vs. XLKS.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 Invesco Technology S&P US Select Sector UCITS ETF Acc (XLKS.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 | XLKS.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.26 | ||
| Sortino ratioReturn per unit of downside risk | -3.07 | ||
| Omega ratioGain probability vs. loss probability | 0.88 | 1.25 | -0.37 |
| Calmar ratioReturn relative to maximum drawdown | -0.63 | 1.91 | -2.54 |
| Martin ratioReturn relative to average drawdown | -1.04 | 5.17 | -6.22 |
Loading charts...
Drawdowns
FINX.L vs. XLKS.L - Drawdown Comparison
The maximum FINX.L drawdown since its inception was -62.08%, which is greater than XLKS.L's maximum drawdown of -34.26%. Use the drawdown chart below to compare losses from any high point for FINX.L and XLKS.L.
Loading charts...
Drawdown Indicators
| FINX.L | XLKS.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.08% | -34.26% | -27.82% |
Max Drawdown (1Y)Largest decline over 1 year | -36.51% | -16.99% | -19.52% |
Max Drawdown (3Y)Largest decline over 3 years | -36.51% | -26.97% | -9.54% |
Max Drawdown (5Y)Largest decline over 5 years | — | -34.26% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -34.26% | — |
Current DrawdownCurrent decline from peak | -45.48% | -7.74% | -37.74% |
Average DrawdownAverage peak-to-trough decline | -44.53% | -5.14% | -39.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.04% | 6.28% | +15.76% |
Volatility
FINX.L vs. XLKS.L - Volatility Comparison
Global X FinTech UCITS ETF USD Acc (FINX.L) has a higher volatility of 8.64% compared to Invesco Technology S&P US Select Sector UCITS ETF Acc (XLKS.L) at 7.31%. This indicates that FINX.L's price experiences larger fluctuations and is considered to be riskier than XLKS.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FINX.L | XLKS.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.64% | 7.31% | +1.33% |
Volatility (6M)Calculated over the trailing 6-month period | 24.04% | 17.62% | +6.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.41% | 22.00% | +7.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.30% | 24.13% | +7.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.30% | 22.18% | +9.12% |
Dividends
FINX.L vs. XLKS.L - Dividend Comparison
Neither FINX.L nor XLKS.L has paid dividends to shareholders.
Frequently Asked Questions
FINX.L and XLKS.L have a correlation of 0.52, 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 XLKS.L tracks S&P® Select Sector Capped 20% Technology Index. They also come from different issuers: Global X and Invesco.
Find the right allocation for FINX.L and XLKS.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