UTIL.L vs. ESIF.DE
UTIL.L (SPDR MSCI Europe Utilities UCITS ETF) and ESIF.DE (iShares MSCI Europe Financials Sector UCITS ETF EUR (Acc)) are both exchange-traded funds - UTIL.L is a Utilities Equities fund tracking the MSCI World/Utilities NR USD, while ESIF.DE is a Financials Equities fund tracking the MSCI World/Financials NR USD. Both are passively managed. Over the past 5 years, UTIL.L returned 11.83%/yr vs 19.48%/yr for ESIF.DE. At a 0.36 correlation, their price movements are largely independent. Both charge a 0.18% expense ratio.
Performance
UTIL.L vs. ESIF.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, UTIL.L achieves a 12.98% return, which is significantly higher than ESIF.DE's 3.87% return.
UTIL.L
- 1D
- -0.22%
- 1M
- -3.08%
- YTD
- 12.98%
- 6M
- 14.06%
- 1Y
- 26.75%
- 3Y*
- 16.59%
- 5Y*
- 11.83%
- 10Y*
- 10.69%
ESIF.DE
- 1D
- 0.61%
- 1M
- 3.50%
- YTD
- 3.87%
- 6M
- 10.14%
- 1Y
- 22.51%
- 3Y*
- 28.94%
- 5Y*
- 19.48%
- 10Y*
- —
UTIL.L vs. ESIF.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
UTIL.L SPDR MSCI Europe Utilities UCITS ETF | 12.98% | 33.98% | 1.33% | 13.09% | -6.77% | 8.27% | 1.89% |
ESIF.DE iShares MSCI Europe Financials Sector UCITS ETF EUR (Acc) | 3.87% | 47.69% | 25.31% | 21.61% | -2.88% | 29.09% | 3.24% |
Correlation
The correlation between UTIL.L and ESIF.DE is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.27 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.31 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.39 |
Correlation (All Time) Calculated using the full available price history since Nov 23, 2020 | 0.36 |
The correlation between UTIL.L and ESIF.DE shifts across timeframes, from 0.27 (1 year) to 0.39 (5 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
UTIL.L vs. ESIF.DE — Risk / Return Rank
UTIL.L
ESIF.DE
UTIL.L vs. ESIF.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI Europe Utilities UCITS ETF (UTIL.L) and iShares MSCI Europe Financials Sector UCITS ETF EUR (Acc) (ESIF.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.
| UTIL.L | ESIF.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.55 | ||
| Sortino ratioReturn per unit of downside risk | +0.52 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.22 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 3.65 | 1.81 | +1.84 |
| Martin ratioReturn relative to average drawdown | 10.27 | 6.04 | +4.23 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| UTIL.L | ESIF.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.80 | 1.25 | +0.55 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.73 | 1.02 | -0.29 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.61 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.50 | 1.16 | -0.66 |
Drawdowns
UTIL.L vs. ESIF.DE - Drawdown Comparison
The maximum UTIL.L drawdown since its inception was -34.59%, which is greater than ESIF.DE's maximum drawdown of -22.93%. Use the drawdown chart below to compare losses from any high point for UTIL.L and ESIF.DE.
Loading charts...
Drawdown Indicators
| UTIL.L | ESIF.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.59% | -22.93% | -11.66% |
Max Drawdown (1Y)Largest decline over 1 year | -7.30% | -12.38% | +5.08% |
Max Drawdown (3Y)Largest decline over 3 years | -13.48% | -17.10% | +3.62% |
Max Drawdown (5Y)Largest decline over 5 years | -22.12% | -22.93% | +0.81% |
Max Drawdown (10Y)Largest decline over 10 years | -34.59% | — | — |
Current DrawdownCurrent decline from peak | -5.13% | -2.65% | -2.48% |
Average DrawdownAverage peak-to-trough decline | -5.98% | -4.14% | -1.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.60% | 3.72% | -1.12% |
Volatility
UTIL.L vs. ESIF.DE - Volatility Comparison
SPDR MSCI Europe Utilities UCITS ETF (UTIL.L) has a higher volatility of 5.83% compared to iShares MSCI Europe Financials Sector UCITS ETF EUR (Acc) (ESIF.DE) at 5.37%. This indicates that UTIL.L's price experiences larger fluctuations and is considered to be riskier than ESIF.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| UTIL.L | ESIF.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.83% | 5.37% | +0.46% |
Volatility (6M)Calculated over the trailing 6-month period | 12.89% | 14.59% | -1.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.80% | 17.99% | -3.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.22% | 18.96% | -2.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.71% | 18.84% | -1.13% |
UTIL.L vs. ESIF.DE - Expense Ratio Comparison
Both UTIL.L and ESIF.DE have an expense ratio of 0.18%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
UTIL.L vs. ESIF.DE - Dividend Comparison
Neither UTIL.L nor ESIF.DE has paid dividends to shareholders.
Frequently Asked Questions
UTIL.L and ESIF.DE have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.18% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
UTIL.L and ESIF.DE have the same expense ratio: 0.18% per year.
UTIL.L is categorized as Utilities Equities, while ESIF.DE is Financials Equities. UTIL.L tracks MSCI World/Utilities NR USD, while ESIF.DE tracks MSCI World/Financials NR USD. They also come from different issuers: State Street and iShares.
Find the right allocation for UTIL.L and ESIF.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer