ITEP.L vs. XFSN.L
ITEP.L (HAN-GINS Tech Megatrend Equal Weight UCITS ETF - Accumulating) and XFSN.L (Xtrackers MSCI Fintech Innovation UCITS ETF 1C) are both Technology Equities funds tracking the MSCI World/Information Tech NR USD, from HANetf and DWS respectively. Both are passively managed. Over the past 3 years, ITEP.L returned 21.96%/yr vs 13.72%/yr for XFSN.L. Their correlation of 0.81 suggests significant overlap in exposure. ITEP.L charges 0.59%/yr vs 0.35%/yr for XFSN.L.
Performance
ITEP.L vs. XFSN.L - Performance Comparison
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Different Trading Currencies
ITEP.L is traded in GBp, while XFSN.L is traded in GBP. To make them comparable, the XFSN.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, ITEP.L achieves a 24.59% return, which is significantly higher than XFSN.L's -2.90% return.
ITEP.L
- 1D
- 0.34%
- 1M
- 15.22%
- YTD
- 24.59%
- 6M
- 19.79%
- 1Y
- 45.78%
- 3Y*
- 21.96%
- 5Y*
- 7.67%
- 10Y*
- —
XFSN.L
- 1D
- 0.59%
- 1M
- 5.60%
- YTD
- -2.90%
- 6M
- -4.80%
- 1Y
- -1.50%
- 3Y*
- 13.72%
- 5Y*
- —
- 10Y*
- —
ITEP.L vs. XFSN.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
ITEP.L HAN-GINS Tech Megatrend Equal Weight UCITS ETF - Accumulating | 24.59% | 10.45% | 14.23% | 43.21% | -19.17% |
XFSN.L Xtrackers MSCI Fintech Innovation UCITS ETF 1C | -2.90% | 2.93% | 34.89% | 21.37% | -7.30% |
Correlation
The correlation between ITEP.L and XFSN.L is 0.76, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.76 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.79 |
Correlation (All Time) Calculated using the full available price history since Jul 21, 2022 | 0.81 |
The correlation between ITEP.L and XFSN.L has been stable across timeframes, ranging from 0.76 to 0.81 - a consistent structural relationship.
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Return for Risk
ITEP.L vs. XFSN.L — Risk / Return Rank
ITEP.L
XFSN.L
ITEP.L vs. XFSN.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for HAN-GINS Tech Megatrend Equal Weight UCITS ETF - Accumulating (ITEP.L) and Xtrackers MSCI Fintech Innovation UCITS ETF 1C (XFSN.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.
| ITEP.L | XFSN.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.11 | ||
| Sortino ratioReturn per unit of downside risk | +2.67 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.00 | +0.34 |
| Calmar ratioReturn relative to maximum drawdown | 2.11 | -0.06 | +2.17 |
| Martin ratioReturn relative to average drawdown | 4.90 | -0.13 | +5.03 |
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
| ITEP.L | XFSN.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.02 | -0.10 | +2.11 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.31 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.64 | 0.61 | +0.03 |
Drawdowns
ITEP.L vs. XFSN.L - Drawdown Comparison
The maximum ITEP.L drawdown since its inception was -47.84%, which is greater than XFSN.L's maximum drawdown of -23.96%. Use the drawdown chart below to compare losses from any high point for ITEP.L and XFSN.L.
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Drawdown Indicators
| ITEP.L | XFSN.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.84% | -23.96% | -23.88% |
Max Drawdown (1Y)Largest decline over 1 year | -21.64% | -23.96% | +2.32% |
Max Drawdown (3Y)Largest decline over 3 years | -29.42% | -23.96% | -5.46% |
Max Drawdown (5Y)Largest decline over 5 years | -47.84% | — | — |
Current DrawdownCurrent decline from peak | -1.51% | -11.60% | +10.09% |
Average DrawdownAverage peak-to-trough decline | -18.55% | -6.19% | -12.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.32% | 11.38% | -2.06% |
Volatility
ITEP.L vs. XFSN.L - Volatility Comparison
HAN-GINS Tech Megatrend Equal Weight UCITS ETF - Accumulating (ITEP.L) has a higher volatility of 6.80% compared to Xtrackers MSCI Fintech Innovation UCITS ETF 1C (XFSN.L) at 4.10%. This indicates that ITEP.L's price experiences larger fluctuations and is considered to be riskier than XFSN.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ITEP.L | XFSN.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.80% | 4.10% | +2.70% |
Volatility (6M)Calculated over the trailing 6-month period | 16.33% | 11.66% | +4.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.61% | 15.56% | +7.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.09% | 18.54% | +6.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.68% | 18.54% | +8.14% |
ITEP.L vs. XFSN.L - Expense Ratio Comparison
ITEP.L has a 0.59% expense ratio, which is higher than XFSN.L's 0.35% expense ratio.
Dividends
ITEP.L vs. XFSN.L - Dividend Comparison
Neither ITEP.L nor XFSN.L has paid dividends to shareholders.
Frequently Asked Questions
ITEP.L and XFSN.L have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XFSN.L is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XFSN.L is cheaper with a 0.35% expense ratio, compared with 0.59% for ITEP.L.
Both ETFs track MSCI World/Information Tech NR USD. They also come from different issuers: HANetf and DWS. Their fees differ too: 0.59% for ITEP.L and 0.35% for XFSN.L.
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