SXRS.DE vs. ETL2.DE
Compare and contrast key facts about iShares Diversified Commodity Swap UCITS ETF (SXRS.DE) and L&G Longer Dated All Commodities UCITS ETF (ETL2.DE).
SXRS.DE and ETL2.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SXRS.DE is a passively managed fund by iShares that tracks the performance of the Bloomberg Commodity. It was launched on Jul 18, 2017. ETL2.DE is a passively managed fund by Legal & General that tracks the performance of the Bloomberg Commodity 3 Month Forward. It was launched on Mar 15, 2010. Both SXRS.DE and ETL2.DE 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: SXRS.DE or ETL2.DE.
Key characteristics
| SXRS.DE | ETL2.DE | |
|---|---|---|
| YTD Return | 5.48% | 6.77% |
| 1Y Return | -3.85% | -1.41% |
| 3Y Return (Ann) | 3.91% | 7.04% |
| Sharpe Ratio | -0.23 | -0.04 |
| Sortino Ratio | -0.25 | 0.02 |
| Omega Ratio | 0.97 | 1.00 |
| Calmar Ratio | -0.10 | -0.02 |
| Martin Ratio | -0.41 | -0.08 |
| Ulcer Index | 6.52% | 5.89% |
| Daily Std Dev | 11.47% | 11.13% |
| Max Drawdown | -27.64% | -23.27% |
| Current Drawdown | -21.79% | -16.86% |
Correlation
The correlation between SXRS.DE and ETL2.DE is 0.96, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
SXRS.DE vs. ETL2.DE - Performance Comparison
In the year-to-date period, SXRS.DE achieves a 5.48% return, which is significantly lower than ETL2.DE's 6.77% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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SXRS.DE vs. ETL2.DE - Expense Ratio Comparison
SXRS.DE has a 0.19% expense ratio, which is lower than ETL2.DE's 0.30% expense ratio.
Risk-Adjusted Performance
SXRS.DE vs. ETL2.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Diversified Commodity Swap UCITS ETF (SXRS.DE) and L&G Longer Dated All Commodities UCITS ETF (ETL2.DE). 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
SXRS.DE vs. ETL2.DE - Dividend Comparison
Neither SXRS.DE nor ETL2.DE has paid dividends to shareholders.
Drawdowns
SXRS.DE vs. ETL2.DE - Drawdown Comparison
The maximum SXRS.DE drawdown since its inception was -27.64%, which is greater than ETL2.DE's maximum drawdown of -23.27%. Use the drawdown chart below to compare losses from any high point for SXRS.DE and ETL2.DE. For additional features, visit the drawdowns tool.
Volatility
SXRS.DE vs. ETL2.DE - Volatility Comparison
iShares Diversified Commodity Swap UCITS ETF (SXRS.DE) and L&G Longer Dated All Commodities UCITS ETF (ETL2.DE) have volatilities of 3.74% and 3.62%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.