FOGB.L vs. XLKS.L
FOGB.L (Rize Sustainable Future of Food UCITS ETF A USD) and XLKS.L (Invesco Technology S&P US Select Sector UCITS ETF Acc) are both Technology Equities funds - FOGB.L tracks the Rize Sustainable Future of Food UCITS ETF A USD while XLKS.L tracks the S&P® Select Sector Capped 20% Technology Index. Both are passively managed. Over the past 5 years, FOGB.L returned -8.73%/yr vs 22.60%/yr for XLKS.L. At a 0.41 correlation, their price movements are largely independent. FOGB.L charges 0.45%/yr vs 0.14%/yr for XLKS.L.
Performance
FOGB.L vs. XLKS.L - Performance Comparison
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Different Trading Currencies
FOGB.L is traded in GBp, while XLKS.L is traded in USD. To make them comparable, the XLKS.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, FOGB.L achieves a 3.33% return, which is significantly lower than XLKS.L's 17.20% return.
FOGB.L
- 1D
- -0.47%
- 1M
- 0.62%
- 6M
- -1.77%
- YTD
- 3.33%
- 1Y
- -4.66%
- 3Y*
- -5.08%
- 5Y*
- -8.73%
- 10Y*
- —
XLKS.L
- 1D
- -1.97%
- 1M
- -3.73%
- 6M
- 19.55%
- YTD
- 17.20%
- 1Y
- 31.16%
- 3Y*
- 29.89%
- 5Y*
- 22.60%
- 10Y*
- 25.03%
FOGB.L vs. XLKS.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
FOGB.L Rize Sustainable Future of Food UCITS ETF A USD | 3.33% | -9.49% | -5.72% | -6.98% | -18.26% | 2.56% | 9.19% |
XLKS.L Invesco Technology S&P US Select Sector UCITS ETF Acc | 17.20% | 15.38% | 44.20% | 52.61% | -20.70% | 36.00% | 1.49% |
Correlation
The correlation between FOGB.L and XLKS.L is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.39 |
Correlation (All Time) Calculated using the full available price history since Sep 3, 2020 | 0.41 |
Over the past year, the correlation between FOGB.L and XLKS.L has dropped to 0.14 - well below their long-term average of 0.41, suggesting their price drivers have been diverging.
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Return for Risk
FOGB.L vs. XLKS.L — Risk / Return Rank
FOGB.L
XLKS.L
FOGB.L vs. XLKS.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Rize Sustainable Future of Food UCITS ETF A USD (FOGB.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.
| FOGB.L | XLKS.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.62 | ||
| Sortino ratioReturn per unit of downside risk | -2.18 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 1.25 | -0.27 |
| Calmar ratioReturn relative to maximum drawdown | -0.25 | 1.83 | -2.08 |
| Martin ratioReturn relative to average drawdown | -0.41 | 4.42 | -4.83 |
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Drawdowns
FOGB.L vs. XLKS.L - Drawdown Comparison
The maximum FOGB.L drawdown since its inception was -43.46%, which is greater than XLKS.L's maximum drawdown of -28.80%. Use the drawdown chart below to compare losses from any high point for FOGB.L and XLKS.L.
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Drawdown Indicators
| FOGB.L | XLKS.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.46% | -28.80% | -14.66% |
Max Drawdown (1Y)Largest decline over 1 year | -12.73% | -16.92% | +4.19% |
Max Drawdown (3Y)Largest decline over 3 years | -23.44% | -28.80% | +5.36% |
Max Drawdown (5Y)Largest decline over 5 years | -43.46% | -28.80% | -14.66% |
Max Drawdown (10Y)Largest decline over 10 years | — | -28.80% | — |
Current DrawdownCurrent decline from peak | -38.99% | -8.16% | -30.83% |
Average DrawdownAverage peak-to-trough decline | -24.51% | -4.78% | -19.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.79% | 7.03% | +0.76% |
Volatility
FOGB.L vs. XLKS.L - Volatility Comparison
The current volatility for Rize Sustainable Future of Food UCITS ETF A USD (FOGB.L) is 4.25%, while Invesco Technology S&P US Select Sector UCITS ETF Acc (XLKS.L) has a volatility of 7.47%. This indicates that FOGB.L experiences smaller price fluctuations and is considered to be less risky than XLKS.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FOGB.L | XLKS.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.25% | 7.47% | -3.22% |
Volatility (6M)Calculated over the trailing 6-month period | 11.01% | 17.41% | -6.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.10% | 22.11% | -7.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.83% | 23.38% | -7.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.43% | 22.14% | -6.71% |
FOGB.L vs. XLKS.L - Expense Ratio Comparison
FOGB.L has a 0.45% expense ratio, which is higher than XLKS.L's 0.14% expense ratio.
Dividends
FOGB.L vs. XLKS.L - Dividend Comparison
Neither FOGB.L nor XLKS.L has paid dividends to shareholders.
Frequently Asked Questions
FOGB.L and XLKS.L have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XLKS.L is cheaper at 0.14% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XLKS.L is cheaper with a 0.14% expense ratio, compared with 0.45% for FOGB.L.
FOGB.L tracks Rize Sustainable Future of Food UCITS ETF A USD, while XLKS.L tracks S&P® Select Sector Capped 20% Technology Index. They also come from different issuers: Rize ETF and Invesco. Their fees differ too: 0.45% for FOGB.L and 0.14% for XLKS.L.
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