SBIO.L vs. DGTL.L
Compare and contrast key facts about Invesco Nasdaq Biotech UCITS ETF (SBIO.L) and iShares Digitalisation UCITS Acc (DGTL.L).
SBIO.L and DGTL.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SBIO.L is a passively managed fund by Invesco that tracks the performance of the NASDAQ Biotechnology TR USD. It was launched on Nov 6, 2014. DGTL.L is a passively managed fund by iShares that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on Sep 8, 2016. Both SBIO.L and DGTL.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SBIO.L or DGTL.L.
Correlation
The correlation between SBIO.L and DGTL.L is 0.62, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
SBIO.L vs. DGTL.L - Performance Comparison
Key characteristics
SBIO.L:
0.21
DGTL.L:
2.09
SBIO.L:
0.40
DGTL.L:
2.85
SBIO.L:
1.05
DGTL.L:
1.35
SBIO.L:
0.15
DGTL.L:
1.20
SBIO.L:
0.62
DGTL.L:
11.68
SBIO.L:
6.18%
DGTL.L:
2.71%
SBIO.L:
18.38%
DGTL.L:
15.17%
SBIO.L:
-39.44%
DGTL.L:
-46.85%
SBIO.L:
-15.52%
DGTL.L:
-1.09%
Returns By Period
In the year-to-date period, SBIO.L achieves a 5.50% return, which is significantly lower than DGTL.L's 7.62% return.
SBIO.L
5.50%
5.11%
-5.93%
3.56%
3.88%
2.89%
DGTL.L
7.62%
7.21%
21.04%
30.30%
9.04%
N/A
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SBIO.L vs. DGTL.L - Expense Ratio Comparison
Both SBIO.L and DGTL.L have an expense ratio of 0.40%.
Risk-Adjusted Performance
SBIO.L vs. DGTL.L — Risk-Adjusted Performance Rank
SBIO.L
DGTL.L
SBIO.L vs. DGTL.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Nasdaq Biotech UCITS ETF (SBIO.L) and iShares Digitalisation UCITS Acc (DGTL.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
SBIO.L vs. DGTL.L - Dividend Comparison
Neither SBIO.L nor DGTL.L has paid dividends to shareholders.
Drawdowns
SBIO.L vs. DGTL.L - Drawdown Comparison
The maximum SBIO.L drawdown since its inception was -39.44%, smaller than the maximum DGTL.L drawdown of -46.85%. Use the drawdown chart below to compare losses from any high point for SBIO.L and DGTL.L. For additional features, visit the drawdowns tool.
Volatility
SBIO.L vs. DGTL.L - Volatility Comparison
Invesco Nasdaq Biotech UCITS ETF (SBIO.L) has a higher volatility of 5.32% compared to iShares Digitalisation UCITS Acc (DGTL.L) at 3.89%. This indicates that SBIO.L's price experiences larger fluctuations and is considered to be riskier than DGTL.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.