SNSR.L vs. XLKS.L
SNSR.L (Global X Internet of Things UCITS ETF USD Acc) and XLKS.L (Invesco Technology S&P US Select Sector UCITS ETF Acc) are both Technology Equities funds - SNSR.L tracks the Global X Internet of Things UCITS ETF USD Acc while XLKS.L tracks the S&P® Select Sector Capped 20% Technology Index. Both are passively managed. Over the past 3 years, SNSR.L returned 10.04%/yr vs 31.32%/yr for XLKS.L. A 0.78 correlation means they provide meaningful diversification when combined.
Performance
SNSR.L vs. XLKS.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 XLKS.L's 17.68% return.
SNSR.L
- 1D
- -0.68%
- 1M
- -9.96%
- 6M
- 22.46%
- YTD
- 25.01%
- 1Y
- 22.63%
- 3Y*
- 10.04%
- 5Y*
- —
- 10Y*
- —
XLKS.L
- 1D
- -0.94%
- 1M
- -2.87%
- 6M
- 20.28%
- YTD
- 17.68%
- 1Y
- 32.56%
- 3Y*
- 31.32%
- 5Y*
- 22.18%
- 10Y*
- 25.36%
SNSR.L vs. XLKS.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% |
XLKS.L Invesco Technology S&P US Select Sector UCITS ETF Acc | 17.68% | 24.23% | 41.72% | 60.64% | -29.12% | 4.11% |
Correlation
The correlation between SNSR.L and XLKS.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 | 0.72 |
Correlation (All Time) Calculated using the full available price history since Nov 16, 2021 | 0.78 |
The correlation between SNSR.L and XLKS.L has been stable across timeframes, ranging from 0.72 to 0.78 - a consistent structural relationship.
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Return for Risk
SNSR.L vs. XLKS.L — Risk / Return Rank
SNSR.L
XLKS.L
SNSR.L vs. XLKS.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 Invesco Technology S&P US Select Sector UCITS ETF Acc (XLKS.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 | XLKS.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.51 | ||
| Sortino ratioReturn per unit of downside risk | -0.62 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.25 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 1.73 | 1.91 | -0.18 |
| Martin ratioReturn relative to average drawdown | 4.35 | 5.17 | -0.82 |
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Drawdowns
SNSR.L vs. XLKS.L - Drawdown Comparison
The maximum SNSR.L drawdown since its inception was -38.29%, which is greater than XLKS.L's maximum drawdown of -34.26%. Use the drawdown chart below to compare losses from any high point for SNSR.L and XLKS.L.
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Drawdown Indicators
| SNSR.L | XLKS.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.29% | -34.26% | -4.03% |
Max Drawdown (1Y)Largest decline over 1 year | -13.81% | -16.99% | +3.18% |
Max Drawdown (3Y)Largest decline over 3 years | -28.57% | -26.97% | -1.60% |
Max Drawdown (5Y)Largest decline over 5 years | — | -34.26% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -34.26% | — |
Current DrawdownCurrent decline from peak | -13.17% | -7.74% | -5.43% |
Average DrawdownAverage peak-to-trough decline | -14.27% | -5.14% | -9.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.50% | 6.28% | -0.78% |
Volatility
SNSR.L vs. XLKS.L - Volatility Comparison
Global X Internet of Things UCITS ETF USD Acc (SNSR.L) has a higher volatility of 9.08% compared to Invesco Technology S&P US Select Sector UCITS ETF Acc (XLKS.L) at 7.31%. This indicates that SNSR.L's price experiences larger fluctuations and is considered to be riskier than XLKS.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 | XLKS.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.08% | 7.31% | +1.77% |
Volatility (6M)Calculated over the trailing 6-month period | 20.67% | 17.62% | +3.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.85% | 22.00% | +2.85% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.56% | 24.13% | +0.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.56% | 22.18% | +2.38% |
Dividends
SNSR.L vs. XLKS.L - Dividend Comparison
Neither SNSR.L nor XLKS.L has paid dividends to shareholders.
Frequently Asked Questions
SNSR.L and XLKS.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 XLKS.L tracks S&P® Select Sector Capped 20% Technology Index. They also come from different issuers: Global X and Invesco.
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