PCT.L vs. XLKQ.L
Compare and contrast key facts about Polar Capital Technology Trust (PCT.L) and Invesco US Technology Sector UCITS ETF (XLKQ.L).
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PCT.L or XLKQ.L.
Key characteristics
| PCT.L | XLKQ.L | |
|---|---|---|
| YTD Return | 12.14% | 23.59% |
| 1Y Return | 31.67% | 38.40% |
| 3Y Return (Ann) | 4.97% | 19.43% |
| 5Y Return (Ann) | 15.53% | 24.60% |
| 10Y Return (Ann) | 18.87% | 23.59% |
| Sharpe Ratio | 1.48 | 1.85 |
| Daily Std Dev | 21.12% | 20.42% |
| Max Drawdown | -84.10% | -23.83% |
| Current Drawdown | -15.53% | -9.70% |
Correlation
The correlation between PCT.L and XLKQ.L is 0.76, 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
PCT.L vs. XLKQ.L - Performance Comparison
In the year-to-date period, PCT.L achieves a 12.14% return, which is significantly lower than XLKQ.L's 23.59% return. Over the past 10 years, PCT.L has underperformed XLKQ.L with an annualized return of 18.87%, while XLKQ.L has yielded a comparatively higher 23.59% annualized 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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Risk-Adjusted Performance
PCT.L vs. XLKQ.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Polar Capital Technology Trust (PCT.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
PCT.L vs. XLKQ.L - Dividend Comparison
Neither PCT.L nor XLKQ.L has paid dividends to shareholders.
Drawdowns
PCT.L vs. XLKQ.L - Drawdown Comparison
The maximum PCT.L drawdown since its inception was -84.10%, which is greater than XLKQ.L's maximum drawdown of -23.83%. Use the drawdown chart below to compare losses from any high point for PCT.L and XLKQ.L. For additional features, visit the drawdowns tool.
Volatility
PCT.L vs. XLKQ.L - Volatility Comparison
Polar Capital Technology Trust (PCT.L) has a higher volatility of 7.63% compared to Invesco US Technology Sector UCITS ETF (XLKQ.L) at 7.06%. This indicates that PCT.L's price experiences larger fluctuations and is considered to be riskier than XLKQ.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.