GXLF.L vs. XLKQ.L
Compare and contrast key facts about SPDR S&P US Financials Select Sector UCITS ETF (GXLF.L) and Invesco US Technology Sector UCITS ETF (XLKQ.L).
GXLF.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. 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. XLKQ.L is a passively managed fund by Invesco that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on Dec 16, 2009. Both GXLF.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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GXLF.L or XLKQ.L.
Key characteristics
| GXLF.L | XLKQ.L | |
|---|---|---|
| YTD Return | 12.48% | 18.28% |
| 1Y Return | 31.73% | 50.73% |
| Sharpe Ratio | 2.54 | 2.58 |
| Daily Std Dev | 11.94% | 19.50% |
| Max Drawdown | -18.05% | -23.83% |
| Current Drawdown | -0.57% | 0.00% |
Correlation
The correlation between GXLF.L and XLKQ.L is 0.58, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
GXLF.L vs. XLKQ.L - Performance Comparison
In the year-to-date period, GXLF.L achieves a 12.48% return, which is significantly lower than XLKQ.L's 18.28% 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. XLKQ.L - Expense Ratio Comparison
GXLF.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%.
Risk-Adjusted Performance
GXLF.L vs. XLKQ.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 Invesco US Technology Sector UCITS ETF (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.
Dividends
GXLF.L vs. XLKQ.L - Dividend Comparison
Neither GXLF.L nor XLKQ.L has paid dividends to shareholders.
Drawdowns
GXLF.L vs. XLKQ.L - Drawdown Comparison
The maximum GXLF.L drawdown since its inception was -18.05%, smaller than the maximum XLKQ.L drawdown of -23.83%. Use the drawdown chart below to compare losses from any high point for GXLF.L and XLKQ.L. For additional features, visit the drawdowns tool.
Volatility
GXLF.L vs. XLKQ.L - Volatility Comparison
The current volatility for SPDR S&P US Financials Select Sector UCITS ETF (GXLF.L) is 3.58%, while Invesco US Technology Sector UCITS ETF (XLKQ.L) has a volatility of 7.84%. This indicates that GXLF.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.