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 | 28.52% | 38.52% |
| 1Y Return | 43.13% | 46.05% |
| 3Y Return (Ann) | 7.97% | 20.35% |
| 5Y Return (Ann) | 18.00% | 26.67% |
| 10Y Return (Ann) | 20.20% | 24.52% |
| Sharpe Ratio | 1.97 | 2.18 |
| Sortino Ratio | 2.54 | 2.85 |
| Omega Ratio | 1.34 | 1.37 |
| Calmar Ratio | 2.09 | 3.10 |
| Martin Ratio | 5.87 | 9.33 |
| Ulcer Index | 7.24% | 4.76% |
| Daily Std Dev | 21.50% | 20.36% |
| Max Drawdown | -84.10% | -23.83% |
| Current Drawdown | -3.19% | 0.00% |
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 28.52% return, which is significantly lower than XLKQ.L's 38.52% return. Over the past 10 years, PCT.L has underperformed XLKQ.L with an annualized return of 20.20%, while XLKQ.L has yielded a comparatively higher 24.52% 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 6.90% compared to Invesco US Technology Sector UCITS ETF (XLKQ.L) at 5.65%. 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.