SXLP.L vs. SXLB.L
Compare and contrast key facts about SPDR S&P US Consumer Staples Select Sector UCITS ETF (SXLP.L) and SPDR S&P US Materials Select Sector UCITS ETF (SXLB.L).
SXLP.L and SXLB.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SXLP.L is a passively managed fund by State Street that tracks the performance of the Cat 50%MSCI Wld/CD NR&50%MSCI Wld/CS NR. It was launched on Jul 7, 2015. SXLB.L is a passively managed fund by State Street that tracks the performance of the MSCI World/Materials NR USD. It was launched on Jul 7, 2015. Both SXLP.L and SXLB.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: SXLP.L or SXLB.L.
Correlation
The correlation between SXLP.L and SXLB.L is 0.48, 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
SXLP.L vs. SXLB.L - Performance Comparison
Key characteristics
SXLP.L:
1.51
SXLB.L:
0.52
SXLP.L:
2.23
SXLB.L:
0.81
SXLP.L:
1.27
SXLB.L:
1.10
SXLP.L:
1.99
SXLB.L:
0.47
SXLP.L:
6.00
SXLB.L:
1.29
SXLP.L:
2.41%
SXLB.L:
5.33%
SXLP.L:
9.59%
SXLB.L:
13.29%
SXLP.L:
-24.00%
SXLB.L:
-36.00%
SXLP.L:
-1.94%
SXLB.L:
-9.23%
Returns By Period
In the year-to-date period, SXLP.L achieves a 2.93% return, which is significantly lower than SXLB.L's 5.08% return.
SXLP.L
2.93%
5.29%
5.09%
14.46%
7.27%
N/A
SXLB.L
5.08%
6.09%
0.81%
8.50%
9.75%
N/A
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SXLP.L vs. SXLB.L - Expense Ratio Comparison
Both SXLP.L and SXLB.L have an expense ratio of 0.15%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
SXLP.L vs. SXLB.L — Risk-Adjusted Performance Rank
SXLP.L
SXLB.L
SXLP.L vs. SXLB.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P US Consumer Staples Select Sector UCITS ETF (SXLP.L) and SPDR S&P US Materials Select Sector UCITS ETF (SXLB.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
SXLP.L vs. SXLB.L - Dividend Comparison
Neither SXLP.L nor SXLB.L has paid dividends to shareholders.
Drawdowns
SXLP.L vs. SXLB.L - Drawdown Comparison
The maximum SXLP.L drawdown since its inception was -24.00%, smaller than the maximum SXLB.L drawdown of -36.00%. Use the drawdown chart below to compare losses from any high point for SXLP.L and SXLB.L. For additional features, visit the drawdowns tool.
Volatility
SXLP.L vs. SXLB.L - Volatility Comparison
The current volatility for SPDR S&P US Consumer Staples Select Sector UCITS ETF (SXLP.L) is 2.54%, while SPDR S&P US Materials Select Sector UCITS ETF (SXLB.L) has a volatility of 3.29%. This indicates that SXLP.L experiences smaller price fluctuations and is considered to be less risky than SXLB.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.