GXLC.L vs. TELE.L
Compare and contrast key facts about SPDR® S&P® U.S. Communication Services Select Sector UCITS ETF (GXLC.L) and SPDR MSCI Europe Communication Services UCITS ETF (TELE.L).
GXLC.L and TELE.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GXLC.L is a passively managed fund by State Street that tracks the performance of the MSCI World/Comm Services NR USD. It was launched on Aug 15, 2018. TELE.L is a passively managed fund by State Street that tracks the performance of the MSCI World/Comm Services NR USD. It was launched on Dec 5, 2014. Both GXLC.L and TELE.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
GXLC.L vs. TELE.L - Performance Comparison
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GXLC.L vs. TELE.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
GXLC.L SPDR® S&P® U.S. Communication Services Select Sector UCITS ETF | -2.15% | 19.01% | 33.60% | 45.06% | -29.78% | 18.90% | 22.83% | 25.39% | -13.71% |
TELE.L SPDR MSCI Europe Communication Services UCITS ETF | 4.21% | 12.39% | 9.82% | 13.08% | -7.17% | 7.49% | -9.90% | 0.63% | -0.51% |
Different Trading Currencies
GXLC.L is traded in GBP, while TELE.L is traded in EUR. To make them comparable, the TELE.L values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, GXLC.L achieves a -2.15% return, which is significantly lower than TELE.L's 4.21% return.
GXLC.L
- 1D
- 1.72%
- 1M
- -3.63%
- YTD
- -2.15%
- 6M
- 1.83%
- 1Y
- 22.26%
- 3Y*
- 23.78%
- 5Y*
- 11.36%
- 10Y*
- —
TELE.L
- 1D
- 0.28%
- 1M
- -3.47%
- YTD
- 4.21%
- 6M
- -2.67%
- 1Y
- 5.30%
- 3Y*
- 8.26%
- 5Y*
- 6.57%
- 10Y*
- —
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GXLC.L vs. TELE.L - Expense Ratio Comparison
GXLC.L has a 0.15% expense ratio, which is lower than TELE.L's 0.18% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Return for Risk
GXLC.L vs. TELE.L — Risk / Return Rank
GXLC.L
TELE.L
GXLC.L vs. TELE.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR® S&P® U.S. Communication Services Select Sector UCITS ETF (GXLC.L) and SPDR MSCI Europe Communication Services UCITS ETF (TELE.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.
| GXLC.L | TELE.L | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.36 | 0.33 | +1.03 |
Sortino ratioReturn per unit of downside risk | 2.01 | 0.57 | +1.44 |
Omega ratioGain probability vs. loss probability | 1.25 | 1.08 | +0.18 |
Calmar ratioReturn relative to maximum drawdown | 2.59 | 0.27 | +2.32 |
Martin ratioReturn relative to average drawdown | 9.60 | 0.59 | +9.01 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| GXLC.L | TELE.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.36 | 0.33 | +1.03 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.63 | 0.59 | +0.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.67 | 0.21 | +0.46 |
Correlation
The correlation between GXLC.L and TELE.L is 0.26, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
GXLC.L vs. TELE.L - Dividend Comparison
Neither GXLC.L nor TELE.L has paid dividends to shareholders.
Drawdowns
GXLC.L vs. TELE.L - Drawdown Comparison
The maximum GXLC.L drawdown since its inception was -35.84%, which is greater than TELE.L's maximum drawdown of -32.52%. Use the drawdown chart below to compare losses from any high point for GXLC.L and TELE.L.
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Drawdown Indicators
| GXLC.L | TELE.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.84% | -35.72% | -0.12% |
Max Drawdown (1Y)Largest decline over 1 year | -8.66% | -14.98% | +6.32% |
Max Drawdown (5Y)Largest decline over 5 years | -35.84% | -19.73% | -16.11% |
Current DrawdownCurrent decline from peak | -5.05% | -8.06% | +3.01% |
Average DrawdownAverage peak-to-trough decline | -7.85% | -11.66% | +3.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.33% | 7.49% | -5.16% |
Volatility
GXLC.L vs. TELE.L - Volatility Comparison
The current volatility for SPDR® S&P® U.S. Communication Services Select Sector UCITS ETF (GXLC.L) is 4.56%, while SPDR MSCI Europe Communication Services UCITS ETF (TELE.L) has a volatility of 5.29%. This indicates that GXLC.L experiences smaller price fluctuations and is considered to be less risky than TELE.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GXLC.L | TELE.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.56% | 5.29% | -0.73% |
Volatility (6M)Calculated over the trailing 6-month period | 9.67% | 9.89% | -0.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.33% | 16.40% | -0.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.03% | 16.26% | +1.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.13% | 19.46% | -0.33% |