SNSR.L vs. LEGR.L
SNSR.L (Global X Internet of Things UCITS ETF USD Acc) and LEGR.L (First Trust Indxx Innovative Transaction & Process UCITS ETF) are both Technology Equities funds - SNSR.L tracks the Global X Internet of Things UCITS ETF USD Acc while LEGR.L tracks the MSCI World/Information Tech NR USD. Both are passively managed. Over the past 3 years, SNSR.L returned 10.04%/yr vs 20.69%/yr for LEGR.L. Their correlation of 0.81 suggests significant overlap in exposure.
Performance
SNSR.L vs. LEGR.L - Performance Comparison
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Returns By Period
In the year-to-date period, SNSR.L achieves a 25.01% return, which is significantly higher than LEGR.L's 9.29% return.
SNSR.L
- 1D
- -0.68%
- 1M
- -9.96%
- 6M
- 22.46%
- YTD
- 25.01%
- 1Y
- 22.63%
- 3Y*
- 10.04%
- 5Y*
- —
- 10Y*
- —
LEGR.L
- 1D
- -0.11%
- 1M
- -2.79%
- 6M
- 6.75%
- YTD
- 9.29%
- 1Y
- 23.20%
- 3Y*
- 20.69%
- 5Y*
- 11.65%
- 10Y*
- —
SNSR.L vs. LEGR.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
SNSR.L Global X Internet of Things UCITS ETF USD Acc | 25.01% | 6.74% | -0.81% | 23.59% | -25.30% | -2.76% |
LEGR.L First Trust Indxx Innovative Transaction & Process UCITS ETF | 9.29% | 31.58% | 16.31% | 21.81% | -18.56% | -1.76% |
Correlation
The correlation between SNSR.L and LEGR.L is 0.72, 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 | 0.72 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.75 |
Correlation (All Time) Calculated using the full available price history since Nov 16, 2021 | 0.81 |
The correlation between SNSR.L and LEGR.L has been stable across timeframes, ranging from 0.72 to 0.81 - a consistent structural relationship.
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Return for Risk
SNSR.L vs. LEGR.L — Risk / Return Rank
SNSR.L
LEGR.L
SNSR.L vs. LEGR.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Internet of Things UCITS ETF USD Acc (SNSR.L) and First Trust Indxx Innovative Transaction & Process UCITS ETF (LEGR.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.
| SNSR.L | LEGR.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.60 | ||
| Sortino ratioReturn per unit of downside risk | -0.80 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.27 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 1.73 | 2.37 | -0.64 |
| Martin ratioReturn relative to average drawdown | 4.35 | 7.71 | -3.36 |
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Drawdowns
SNSR.L vs. LEGR.L - Drawdown Comparison
The maximum SNSR.L drawdown since its inception was -38.29%, which is greater than LEGR.L's maximum drawdown of -34.70%. Use the drawdown chart below to compare losses from any high point for SNSR.L and LEGR.L.
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Drawdown Indicators
| SNSR.L | LEGR.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.29% | -34.70% | -3.59% |
Max Drawdown (1Y)Largest decline over 1 year | -13.81% | -9.73% | -4.08% |
Max Drawdown (3Y)Largest decline over 3 years | -28.57% | -13.91% | -14.66% |
Max Drawdown (5Y)Largest decline over 5 years | — | -31.56% | — |
Current DrawdownCurrent decline from peak | -13.17% | -4.04% | -9.13% |
Average DrawdownAverage peak-to-trough decline | -14.27% | -6.58% | -7.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.50% | 3.00% | +2.50% |
Volatility
SNSR.L vs. LEGR.L - Volatility Comparison
Global X Internet of Things UCITS ETF USD Acc (SNSR.L) has a higher volatility of 9.08% compared to First Trust Indxx Innovative Transaction & Process UCITS ETF (LEGR.L) at 4.09%. This indicates that SNSR.L's price experiences larger fluctuations and is considered to be riskier than LEGR.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SNSR.L | LEGR.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.08% | 4.09% | +4.99% |
Volatility (6M)Calculated over the trailing 6-month period | 20.67% | 12.32% | +8.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.85% | 14.82% | +10.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.56% | 16.90% | +7.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.56% | 18.56% | +6.00% |
Dividends
SNSR.L vs. LEGR.L - Dividend Comparison
Neither SNSR.L nor LEGR.L has paid dividends to shareholders.
Frequently Asked Questions
SNSR.L and LEGR.L have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SNSR.L tracks Global X Internet of Things UCITS ETF USD Acc, while LEGR.L tracks MSCI World/Information Tech NR USD. They also come from different issuers: Global X and First Trust.
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