UIFS.L vs. ESIF.L
Compare and contrast key facts about iShares S&P 500 Financials Sector UCITS ETF (Acc) (UIFS.L) and iShares MSCI Europe Financials Sector UCITS ETF (ESIF.L).
UIFS.L and ESIF.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. UIFS.L is a passively managed fund by iShares that tracks the performance of the MSCI World/Financials NR USD. It was launched on Nov 20, 2015. ESIF.L is a passively managed fund by iShares that tracks the performance of the MSCI World/Financials NR USD. It was launched on Nov 18, 2020. Both UIFS.L and ESIF.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: UIFS.L or ESIF.L.
Key characteristics
| UIFS.L | ESIF.L | |
|---|---|---|
| YTD Return | 17.19% | 16.71% |
| 1Y Return | 24.42% | 26.88% |
| 3Y Return (Ann) | 9.67% | 15.01% |
| Sharpe Ratio | 1.97 | 1.95 |
| Daily Std Dev | 12.46% | 13.24% |
| Max Drawdown | -35.31% | -23.55% |
| Current Drawdown | -0.69% | 0.00% |
Correlation
The correlation between UIFS.L and ESIF.L is 0.74, 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
UIFS.L vs. ESIF.L - Performance Comparison
The year-to-date returns for both stocks are quite close, with UIFS.L having a 17.19% return and ESIF.L slightly lower at 16.71%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
UIFS.L vs. ESIF.L - Expense Ratio Comparison
UIFS.L has a 0.15% expense ratio, which is lower than ESIF.L's 0.18% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
UIFS.L vs. ESIF.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares S&P 500 Financials Sector UCITS ETF (Acc) (UIFS.L) and iShares MSCI Europe Financials Sector UCITS ETF (ESIF.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
UIFS.L vs. ESIF.L - Dividend Comparison
Neither UIFS.L nor ESIF.L has paid dividends to shareholders.
Drawdowns
UIFS.L vs. ESIF.L - Drawdown Comparison
The maximum UIFS.L drawdown since its inception was -35.31%, which is greater than ESIF.L's maximum drawdown of -23.55%. Use the drawdown chart below to compare losses from any high point for UIFS.L and ESIF.L. For additional features, visit the drawdowns tool.
Volatility
UIFS.L vs. ESIF.L - Volatility Comparison
iShares S&P 500 Financials Sector UCITS ETF (Acc) (UIFS.L) has a higher volatility of 4.54% compared to iShares MSCI Europe Financials Sector UCITS ETF (ESIF.L) at 4.32%. This indicates that UIFS.L's price experiences larger fluctuations and is considered to be riskier than ESIF.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.