USMC vs. XLKQ.L
Compare and contrast key facts about Principal U.S. Mega-Cap ETF (USMC) and Invesco US Technology Sector UCITS ETF (XLKQ.L).
USMC and XLKQ.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. USMC is a passively managed fund by Principal that tracks the performance of the Nasdaq US Mega Cap Select Leaders Index. It was launched on Oct 12, 2017. XLKQ.L is a passively managed fund by Invesco that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on Dec 16, 2009. Both USMC and XLKQ.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: USMC or XLKQ.L.
Key characteristics
| USMC | XLKQ.L | |
|---|---|---|
| YTD Return | 5.69% | 12.28% |
| 1Y Return | 23.37% | 47.91% |
| 3Y Return (Ann) | 10.42% | 20.01% |
| 5Y Return (Ann) | 13.57% | 24.31% |
| Sharpe Ratio | 1.99 | 2.44 |
| Daily Std Dev | 11.84% | 19.16% |
| Max Drawdown | -29.97% | -23.83% |
| Current Drawdown | -4.15% | -4.43% |
Correlation
The correlation between USMC and XLKQ.L is 0.60, 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
USMC vs. XLKQ.L - Performance Comparison
In the year-to-date period, USMC achieves a 5.69% return, which is significantly lower than XLKQ.L's 12.28% 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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USMC vs. XLKQ.L - Expense Ratio Comparison
USMC has a 0.12% expense ratio, which is lower than XLKQ.L's 0.14% 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
USMC vs. XLKQ.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Principal U.S. Mega-Cap ETF (USMC) and Invesco US Technology Sector UCITS ETF (XLKQ.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
USMC vs. XLKQ.L - Dividend Comparison
USMC's dividend yield for the trailing twelve months is around 1.29%, while XLKQ.L has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
USMC Principal U.S. Mega-Cap ETF | 1.29% | 1.35% | 1.78% | 1.53% | 1.55% | 2.04% | 2.28% | 0.24% |
XLKQ.L Invesco US Technology Sector UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
USMC vs. XLKQ.L - Drawdown Comparison
The maximum USMC drawdown since its inception was -29.97%, which is greater than XLKQ.L's maximum drawdown of -23.83%. Use the drawdown chart below to compare losses from any high point for USMC and XLKQ.L. For additional features, visit the drawdowns tool.
Volatility
USMC vs. XLKQ.L - Volatility Comparison
The current volatility for Principal U.S. Mega-Cap ETF (USMC) is 3.94%, while Invesco US Technology Sector UCITS ETF (XLKQ.L) has a volatility of 6.57%. This indicates that USMC experiences smaller price fluctuations and is considered to be less risky than XLKQ.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.