GXLF.L vs. VUAA.L
Compare and contrast key facts about SPDR S&P US Financials Select Sector UCITS ETF (GXLF.L) and Vanguard S&P 500 UCITS ETF (VUAA.L).
GXLF.L and VUAA.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GXLF.L is a passively managed fund by State Street that tracks the performance of the MSCI World/Financials NR USD. It was launched on Jul 7, 2015. VUAA.L is a passively managed fund by Vanguard Group (Ireland) Limited that tracks the performance of the S&P 500 Index. It was launched on May 14, 2019. Both GXLF.L and VUAA.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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GXLF.L or VUAA.L.
Key characteristics
| GXLF.L | VUAA.L | |
|---|---|---|
| YTD Return | 12.48% | 10.98% |
| 1Y Return | 31.73% | 29.96% |
| Sharpe Ratio | 2.54 | 2.60 |
| Daily Std Dev | 11.94% | 11.42% |
| Max Drawdown | -18.05% | -34.05% |
| Current Drawdown | -0.57% | 0.00% |
Correlation
The correlation between GXLF.L and VUAA.L is 0.74, 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.
Performance
GXLF.L vs. VUAA.L - Performance Comparison
In the year-to-date period, GXLF.L achieves a 12.48% return, which is significantly higher than VUAA.L's 10.98% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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GXLF.L vs. VUAA.L - Expense Ratio Comparison
GXLF.L has a 0.15% expense ratio, which is higher than VUAA.L's 0.07% 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%.
Risk-Adjusted Performance
GXLF.L vs. VUAA.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P US Financials Select Sector UCITS ETF (GXLF.L) and Vanguard S&P 500 UCITS ETF (VUAA.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.
Dividends
GXLF.L vs. VUAA.L - Dividend Comparison
Neither GXLF.L nor VUAA.L has paid dividends to shareholders.
Drawdowns
GXLF.L vs. VUAA.L - Drawdown Comparison
The maximum GXLF.L drawdown since its inception was -18.05%, smaller than the maximum VUAA.L drawdown of -34.05%. Use the drawdown chart below to compare losses from any high point for GXLF.L and VUAA.L. For additional features, visit the drawdowns tool.
Volatility
GXLF.L vs. VUAA.L - Volatility Comparison
The current volatility for SPDR S&P US Financials Select Sector UCITS ETF (GXLF.L) is 3.58%, while Vanguard S&P 500 UCITS ETF (VUAA.L) has a volatility of 4.51%. This indicates that GXLF.L experiences smaller price fluctuations and is considered to be less risky than VUAA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.