HERG.L vs. GXLK.L

Last updated Jun 6, 2026

HERG.L (Global X Video Games & Esports UCITS ETF Dist GBP) and GXLK.L (SPDR S&P US Technology Select Sector UCITS ETF) are both Technology Equities funds tracking the MSCI World/Information Tech NR USD, from Global X and State Street respectively. Both are passively managed. HERG.L charges 0.50%/yr vs 0.15%/yr for GXLK.L.

Performance

HERG.L vs. GXLK.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Global X Video Games & Esports UCITS ETF Dist GBP (HERG.L) and SPDR S&P US Technology Select Sector UCITS ETF (GXLK.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

HERG.L

• 1D: -1.01%
• 1M: -4.76%
• YTD: -15.05%
• 6M: -17.66%
• 1Y: -15.35%
• 3Y*: 4.46%
• 5Y*: -4.16%
• 10Y*: —

GXLK.L

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

Return for Risk

HERG.L vs. GXLK.L — Risk / Return Rank

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

HERG.L

HERG.L Risk / Return Rank: 3
HERG.L Sharpe Ratio Rank: 2
HERG.L Sortino Ratio Rank: 3
HERG.L Omega Ratio Rank: 3
HERG.L Calmar Ratio Rank: 4
HERG.L Martin Ratio Rank: 4

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.

HERG.L vs. GXLK.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Video Games & Esports UCITS ETF Dist GBP (HERG.L) and SPDR S&P US Technology Select Sector UCITS ETF (GXLK.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.

	HERG.L	GXLK.L	Difference
Sharpe ratio: Return per unit of total volatility	-0.87	—	—
Sortino ratio: Return per unit of downside risk	-1.12	—	—
Omega ratio: Gain probability vs. loss probability	0.87	—	—
Calmar ratio: Return relative to maximum drawdown	-0.60	—	—
Martin ratio: Return relative to average drawdown	-1.14	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	HERG.L	GXLK.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.87	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.21	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.21	—	—

Drawdowns

Drawdown Indicators

	HERG.L	GXLK.L	Difference
Max Drawdown Largest peak-to-trough decline	-47.89%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-25.55%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-25.55%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-40.23%	—	—
Current Drawdown Current decline from peak	-32.82%	—	—
Average Drawdown Average peak-to-trough decline	-30.17%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	13.47%	—	—

Volatility

Volatility by Period

	HERG.L	GXLK.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.08%	—	—
Volatility (6M) Calculated over the trailing 6-month period	14.26%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	17.57%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.15%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.42%	—	—

HERG.L vs. GXLK.L - Expense Ratio Comparison

HERG.L has a 0.50% expense ratio, which is higher than GXLK.L's 0.15% expense ratio.

Dividends

HERG.L vs. GXLK.L - Dividend Comparison

HERG.L's dividend yield for the trailing twelve months is around 0.98%, while GXLK.L has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021
GXLK.L SPDR S&P US Technology Select Sector UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
HERG.L Global X Video Games & Esports UCITS ETF Dist GBP	0.98%	0.60%	0.37%	0.26%	0.01%	0.07%

Frequently Asked Questions

Which ETF is better, HERG.L or GXLK.L?

On fees, GXLK.L is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, HERG.L or GXLK.L?

GXLK.L is cheaper with a 0.15% expense ratio, compared with 0.50% for HERG.L.

What is the main difference between HERG.L and GXLK.L?

Both ETFs track MSCI World/Information Tech NR USD. They also come from different issuers: Global X and State Street. Their fees differ too: 0.50% for HERG.L and 0.15% for GXLK.L.