LUK2.L vs. XSTC.L
LUK2.L (L&G FTSE 100 Leveraged (Daily 2x) UCITS ETF) and XSTC.L (Xtrackers MSCI USA Information Technology UCITS ETF 1D) are both Technology Equities funds - LUK2.L tracks the L&G FTSE 100 Leveraged (Daily 2x) UCITS ETF while XSTC.L tracks the MSCI World/Information Tech NR USD. Both are passively managed. Over the past 5 years, LUK2.L returned 16.82%/yr vs 20.27%/yr for XSTC.L. At a 0.43 correlation, their price movements are largely independent. LUK2.L charges 0.50%/yr vs 0.12%/yr for XSTC.L.
Performance
LUK2.L vs. XSTC.L - Performance Comparison
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Returns By Period
In the year-to-date period, LUK2.L achieves a 10.52% return, which is significantly lower than XSTC.L's 16.95% return.
LUK2.L
- 1D
- -0.45%
- 1M
- 0.70%
- 6M
- 5.28%
- YTD
- 10.52%
- 1Y
- 34.49%
- 3Y*
- 23.66%
- 5Y*
- 16.82%
- 10Y*
- 10.28%
XSTC.L
- 1D
- -1.59%
- 1M
- -3.12%
- 6M
- 19.42%
- YTD
- 16.95%
- 1Y
- 30.55%
- 3Y*
- 27.87%
- 5Y*
- 20.27%
- 10Y*
- —
LUK2.L vs. XSTC.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
LUK2.L L&G FTSE 100 Leveraged (Daily 2x) UCITS ETF | 10.52% | 43.73% | 9.81% | 6.59% | 3.75% | 34.76% | -30.43% | 32.52% | -14.53% |
XSTC.L Xtrackers MSCI USA Information Technology UCITS ETF 1D | 16.95% | 14.31% | 39.50% | 48.82% | -22.54% | 33.47% | 41.54% | 43.20% | 3.21% |
Correlation
The correlation between LUK2.L and XSTC.L is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.32 |
Correlation (All Time) Calculated using the full available price history since Apr 23, 2018 | 0.43 |
Over the past year, the correlation between LUK2.L and XSTC.L has dropped to 0.22 - well below their long-term average of 0.43, suggesting their price drivers have been diverging.
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Return for Risk
LUK2.L vs. XSTC.L — Risk / Return Rank
LUK2.L
XSTC.L
LUK2.L vs. XSTC.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for L&G FTSE 100 Leveraged (Daily 2x) UCITS ETF (LUK2.L) and Xtrackers MSCI USA Information Technology UCITS ETF 1D (XSTC.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| LUK2.L | XSTC.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.10 | ||
| Sortino ratioReturn per unit of downside risk | +0.15 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.24 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 1.84 | 1.74 | +0.10 |
| Martin ratioReturn relative to average drawdown | 5.39 | 4.22 | +1.17 |
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Drawdowns
LUK2.L vs. XSTC.L - Drawdown Comparison
The maximum LUK2.L drawdown since its inception was -58.84%, which is greater than XSTC.L's maximum drawdown of -29.30%. Use the drawdown chart below to compare losses from any high point for LUK2.L and XSTC.L.
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Drawdown Indicators
| LUK2.L | XSTC.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.84% | -29.30% | -29.54% |
Max Drawdown (1Y)Largest decline over 1 year | -18.55% | -17.49% | -1.06% |
Max Drawdown (3Y)Largest decline over 3 years | -25.42% | -29.30% | +3.88% |
Max Drawdown (5Y)Largest decline over 5 years | -25.42% | -29.30% | +3.88% |
Max Drawdown (10Y)Largest decline over 10 years | -58.84% | — | — |
Current DrawdownCurrent decline from peak | -8.09% | -7.73% | -0.36% |
Average DrawdownAverage peak-to-trough decline | -10.68% | -6.30% | -4.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.34% | 7.22% | -0.88% |
Volatility
LUK2.L vs. XSTC.L - Volatility Comparison
The current volatility for L&G FTSE 100 Leveraged (Daily 2x) UCITS ETF (LUK2.L) is 6.11%, while Xtrackers MSCI USA Information Technology UCITS ETF 1D (XSTC.L) has a volatility of 7.57%. This indicates that LUK2.L experiences smaller price fluctuations and is considered to be less risky than XSTC.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LUK2.L | XSTC.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.11% | 7.57% | -1.46% |
Volatility (6M)Calculated over the trailing 6-month period | 19.64% | 16.70% | +2.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.61% | 21.68% | +0.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.61% | 22.57% | +3.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.65% | 22.50% | +7.15% |
LUK2.L vs. XSTC.L - Expense Ratio Comparison
LUK2.L has a 0.50% expense ratio, which is higher than XSTC.L's 0.12% expense ratio.
Dividends
LUK2.L vs. XSTC.L - Dividend Comparison
LUK2.L has not paid dividends to shareholders, while XSTC.L's dividend yield for the trailing twelve months is around 0.27%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
LUK2.L L&G FTSE 100 Leveraged (Daily 2x) UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XSTC.L Xtrackers MSCI USA Information Technology UCITS ETF 1D | 0.27% | 0.33% | 0.37% | 0.53% | 1.08% | 0.53% | 0.63% | 0.60% |
Frequently Asked Questions
LUK2.L and XSTC.L have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XSTC.L is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XSTC.L is cheaper with a 0.12% expense ratio, compared with 0.50% for LUK2.L.
LUK2.L tracks L&G FTSE 100 Leveraged (Daily 2x) UCITS ETF, while XSTC.L tracks MSCI World/Information Tech NR USD. They also come from different issuers: L&G and Xtrackers. Their fees differ too: 0.50% for LUK2.L and 0.12% for XSTC.L.
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