FTWD.L vs. XLKQ.L

Last updated Apr 2, 2026

Compare and contrast key facts about Invesco FTSE All-World UCITS ETF Dist (FTWD.L) and Invesco Technology S&P US Select Sector UCITS ETF GBP Acc (XLKQ.L).

FTWD.L and XLKQ.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FTWD.L is a passively managed fund by Invesco that tracks the performance of the FTSE All-World Index. It was launched on Feb 20, 2024. XLKQ.L is a passively managed fund by Invesco that tracks the performance of the S&P Select Sector Capped 20% Technology Index. It was launched on Dec 16, 2009. Both FTWD.L and XLKQ.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

FTWD.L vs. XLKQ.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco FTSE All-World UCITS ETF Dist (FTWD.L) and Invesco Technology S&P US Select Sector UCITS ETF GBP Acc (XLKQ.L). The values are adjusted to include any dividend payments, if applicable.

FTWD.L vs. XLKQ.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
FTWD.L Invesco FTSE All-World UCITS ETF Dist	-1.55%	22.55%	17.90%	8.37%
XLKQ.L Invesco Technology S&P US Select Sector UCITS ETF GBP Acc	-8.70%	24.49%	41.63%	13.99%

Different Trading Currencies

FTWD.L is traded in USD, while XLKQ.L is traded in GBp. To make them comparable, the XLKQ.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, FTWD.L achieves a -1.55% return, which is significantly higher than XLKQ.L's -8.70% return.

FTWD.L

• 1D: 2.80%
• 1M: -4.14%
• YTD: -1.55%
• 6M: 1.94%
• 1Y: 21.89%
• 3Y*: —
• 5Y*: —
• 10Y*: —

XLKQ.L

• 1D: 3.65%
• 1M: -2.97%
• YTD: -8.70%
• 6M: -6.79%
• 1Y: 31.11%
• 3Y*: 28.88%
• 5Y*: 18.72%
• 10Y*: 22.35%

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

FTWD.L vs. XLKQ.L - Expense Ratio Comparison

FTWD.L has a 0.15% expense ratio, which is higher than XLKQ.L's 0.14% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

FTWD.L

Invesco FTSE All-World UCITS ETF Dist

XLKQ.L

Invesco Technology S&P US Select Sector UCITS ETF GBP Acc

Return for Risk

FTWD.L vs. XLKQ.L — Risk / Return Rank

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

FTWD.L

FTWD.L Risk / Return Rank: 76
FTWD.L Sharpe Ratio Rank: 74
FTWD.L Sortino Ratio Rank: 73
FTWD.L Omega Ratio Rank: 74
FTWD.L Calmar Ratio Rank: 78
FTWD.L Martin Ratio Rank: 80

XLKQ.L

XLKQ.L Risk / Return Rank: 59
XLKQ.L Sharpe Ratio Rank: 64
XLKQ.L Sortino Ratio Rank: 66
XLKQ.L Omega Ratio Rank: 59
XLKQ.L Calmar Ratio Rank: 61
XLKQ.L Martin Ratio Rank: 44

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.

FTWD.L vs. XLKQ.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco FTSE All-World UCITS ETF Dist (FTWD.L) and Invesco Technology S&P US Select Sector UCITS ETF GBP Acc (XLKQ.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.

	FTWD.L	XLKQ.L	Difference
Sharpe ratio Return per unit of total volatility	1.41	1.30	+0.11
Sortino ratio Return per unit of downside risk	1.95	1.89	+0.07
Omega ratio Gain probability vs. loss probability	1.29	1.25	+0.04
Calmar ratio Return relative to maximum drawdown	2.39	1.77	+0.62
Martin ratio Return relative to average drawdown	9.77	5.55	+4.22
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FTWD.L vs. XLKQ.L - Sharpe Ratio Comparison

The current FTWD.L Sharpe Ratio is 1.41, which is comparable to the XLKQ.L Sharpe Ratio of 1.30. The chart below compares the historical Sharpe Ratios of FTWD.L and XLKQ.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FTWD.L	XLKQ.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.41	1.30	+0.11
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.81	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	1.07	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.25	1.03	+0.22

Correlation

The correlation between FTWD.L and XLKQ.L is 0.75, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

FTWD.L vs. XLKQ.L - Dividend Comparison

FTWD.L's dividend yield for the trailing twelve months is around 1.39%, while XLKQ.L has not paid dividends to shareholders.

	TTM	2025	2024	2023
FTWD.L Invesco FTSE All-World UCITS ETF Dist	1.39%	1.34%	1.53%	0.69%
XLKQ.L Invesco Technology S&P US Select Sector UCITS ETF GBP Acc	0.00%	0.00%	0.00%	0.00%

Drawdowns

FTWD.L vs. XLKQ.L - Drawdown Comparison

The maximum FTWD.L drawdown since its inception was -16.68%, smaller than the maximum XLKQ.L drawdown of -35.00%. Use the drawdown chart below to compare losses from any high point for FTWD.L and XLKQ.L.

Drawdown Indicators

	FTWD.L	XLKQ.L	Difference
Max Drawdown Largest peak-to-trough decline	-16.68%	-28.74%	+12.06%
Max Drawdown (1Y) Largest decline over 1 year	-11.80%	-16.76%	+4.96%
Max Drawdown (5Y) Largest decline over 5 years	—	-28.74%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-28.74%	—
Current Drawdown Current decline from peak	-5.60%	-13.73%	+8.13%
Average Drawdown Average peak-to-trough decline	-1.97%	-5.08%	+3.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.21%	6.21%	-4.00%

Volatility

FTWD.L vs. XLKQ.L - Volatility Comparison

The current volatility for Invesco FTSE All-World UCITS ETF Dist (FTWD.L) is 5.47%, while Invesco Technology S&P US Select Sector UCITS ETF GBP Acc (XLKQ.L) has a volatility of 6.31%. This indicates that FTWD.L experiences smaller price fluctuations and is considered to be less risky than XLKQ.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FTWD.L	XLKQ.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.47%	6.31%	-0.84%
Volatility (6M) Calculated over the trailing 6-month period	9.16%	14.96%	-5.80%
Volatility (1Y) Calculated over the trailing 1-year period	15.56%	23.98%	-8.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.50%	23.23%	-9.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.50%	22.08%	-8.58%