S7XP.L vs. FINW.L

Last updated Jun 5, 2026

S7XP.L (Invesco EURO STOXX Optimised Banks UCITS ETF) and FINW.L (Lyxor MSCI World Financials TR UCITS) are both Financials Equities funds tracking the MSCI World/Financials NR USD, from Invesco and Amundi respectively. Both are passively managed. Over the past 10 years, S7XP.L returned 15.50%/yr vs 12.92%/yr for FINW.L. A 0.68 correlation means they provide meaningful diversification when combined. Both charge a 0.30% expense ratio.

Performance

S7XP.L vs. FINW.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Invesco EURO STOXX Optimised Banks UCITS ETF (S7XP.L) and Lyxor MSCI World Financials TR UCITS (FINW.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

S7XP.L is traded in GBp, while FINW.L is traded in USD. To make them comparable, the FINW.L values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, S7XP.L achieves a 4.29% return, which is significantly higher than FINW.L's 0.66% return. Over the past 10 years, S7XP.L has outperformed FINW.L with an annualized return of 15.50%, while FINW.L has yielded a comparatively lower 12.92% annualized return.

S7XP.L

• 1D: 0.77%
• 1M: 6.44%
• YTD: 4.29%
• 6M: 10.76%
• 1Y: 41.95%
• 3Y*: 44.34%
• 5Y*: 28.16%
• 10Y*: 15.50%

FINW.L

• 1D: 1.90%
• 1M: 2.56%
• YTD: 0.66%
• 6M: 3.76%
• 1Y: 15.00%
• 3Y*: 20.83%
• 5Y*: 12.92%
• 10Y*: 12.92%

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

S7XP.L vs. FINW.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
S7XP.L Invesco EURO STOXX Optimised Banks UCITS ETF	4.29%	94.76%	25.39%	26.22%	6.71%	30.03%	-18.68%	10.65%	-30.92%	19.01%
FINW.L Lyxor MSCI World Financials TR UCITS	0.66%	19.82%	28.50%	10.49%	0.85%	29.82%	-5.72%	20.28%	-12.66%	12.78%

Correlation

The correlation between S7XP.L and FINW.L is 0.68, 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	0.68
Correlation (3Y) Calculated over the trailing 3-year period	0.62
Correlation (5Y) Calculated over the trailing 5-year period	0.64
Correlation (10Y) Calculated over the trailing 10-year period	0.68
Correlation (All Time) Calculated using the full available price history since Oct 27, 2014	0.68

The correlation between S7XP.L and FINW.L has been stable across timeframes, ranging from 0.62 to 0.68 - a consistent structural relationship.

S7XP.L vs. FINW.L - Sectors Allocation Comparison

Sectors	S7XP.L	FINW.L
Financial Services	100.0%	14.4%
Basic Materials	-	3.6%
Communication Services	-	7.8%
Consumer Cyclical	-	11.1%
Consumer Defensive	-	10.1%
Energy	-	2.6%
Healthcare	-	3.9%
Industrials	-	5.2%
Real Estate	-	0.5%
Technology	-	40.1%
Utilities	-	0.7%

Return for Risk

S7XP.L vs. FINW.L — Risk / Return Rank

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

S7XP.L

S7XP.L Risk / Return Rank: 50
S7XP.L Sharpe Ratio Rank: 53
S7XP.L Sortino Ratio Rank: 51
S7XP.L Omega Ratio Rank: 48
S7XP.L Calmar Ratio Rank: 50
S7XP.L Martin Ratio Rank: 49

FINW.L

FINW.L Risk / Return Rank: 27
FINW.L Sharpe Ratio Rank: 27
FINW.L Sortino Ratio Rank: 28
FINW.L Omega Ratio Rank: 26
FINW.L Calmar Ratio Rank: 27
FINW.L Martin Ratio Rank: 30

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.

S7XP.L vs. FINW.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco EURO STOXX Optimised Banks UCITS ETF (S7XP.L) and Lyxor MSCI World Financials TR UCITS (FINW.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.

	S7XP.L	FINW.L	Difference
Sharpe ratio: Return per unit of total volatility	1.79	1.08	+0.71
Sortino ratio: Return per unit of downside risk	2.46	1.58	+0.88
Omega ratio: Gain probability vs. loss probability	1.30	1.19	+0.11
Calmar ratio: Return relative to maximum drawdown	2.44	1.55	+0.89
Martin ratio: Return relative to average drawdown	8.05	4.97	+3.08
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

S7XP.L vs. FINW.L - Sharpe Ratio Comparison

The current S7XP.L Sharpe Ratio is 1.79, which is higher than the FINW.L Sharpe Ratio of 1.08. The chart below compares the historical Sharpe Ratios of S7XP.L and FINW.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	S7XP.L	FINW.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.79	1.08	+0.71
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.09	0.78	+0.31
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.55	0.71	-0.16
Sharpe Ratio (All Time) Calculated using the full available price history	0.37	0.62	-0.25

Drawdowns

S7XP.L vs. FINW.L - Drawdown Comparison

The maximum S7XP.L drawdown since its inception was -62.98%, which is greater than FINW.L's maximum drawdown of -35.63%. Use the drawdown chart below to compare losses from any high point for S7XP.L and FINW.L.

Drawdown Indicators

	S7XP.L	FINW.L	Difference
Max Drawdown Largest peak-to-trough decline	-62.98%	-35.63%	-27.35%
Max Drawdown (1Y) Largest decline over 1 year	-17.10%	-9.61%	-7.49%
Max Drawdown (3Y) Largest decline over 3 years	-18.26%	-16.29%	-1.97%
Max Drawdown (5Y) Largest decline over 5 years	-35.01%	-16.29%	-18.72%
Max Drawdown (10Y) Largest decline over 10 years	-62.98%	-35.63%	-27.35%
Current Drawdown Current decline from peak	-1.85%	-1.00%	-0.85%
Average Drawdown Average peak-to-trough decline	-19.23%	-5.42%	-13.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.20%	3.01%	+2.19%

Volatility

S7XP.L vs. FINW.L - Volatility Comparison

Invesco EURO STOXX Optimised Banks UCITS ETF (S7XP.L) has a higher volatility of 6.49% compared to Lyxor MSCI World Financials TR UCITS (FINW.L) at 4.06%. This indicates that S7XP.L's price experiences larger fluctuations and is considered to be riskier than FINW.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	S7XP.L	FINW.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.49%	4.06%	+2.43%
Volatility (6M) Calculated over the trailing 6-month period	18.61%	10.98%	+7.63%
Volatility (1Y) Calculated over the trailing 1-year period	23.31%	13.79%	+9.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.83%	16.53%	+9.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.92%	18.21%	+9.71%

S7XP.L vs. FINW.L - Expense Ratio Comparison

Both S7XP.L and FINW.L have an expense ratio of 0.30%.

Dividends

S7XP.L vs. FINW.L - Dividend Comparison

Neither S7XP.L nor FINW.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both S7XP.L and FINW.L in my portfolio?

S7XP.L and FINW.L have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, S7XP.L or FINW.L?

Both ETFs have the same 0.30% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, S7XP.L or FINW.L?

S7XP.L and FINW.L have the same expense ratio: 0.30% per year.

What is the main difference between S7XP.L and FINW.L?

Both ETFs track MSCI World/Financials NR USD. They also come from different issuers: Invesco and Amundi.