V3AA.DE vs. XLKQ.L
V3AA.DE (Vanguard ESG Global All Cap UCITS ETF (USD) Acc) and XLKQ.L (Invesco Technology S&P US Select Sector UCITS ETF GBP Acc) are both exchange-traded funds - V3AA.DE is a Global Equities fund tracking the FTSE Global All Cap Choice Index, while XLKQ.L is a Technology Equities fund tracking the S&P Select Sector Capped 20% Technology Index. Both are passively managed. Over the past 5 years, V3AA.DE returned 11.33%/yr vs 26.44%/yr for XLKQ.L. Their correlation of 0.80 suggests significant overlap in exposure. V3AA.DE charges 0.24%/yr vs 0.14%/yr for XLKQ.L.
Performance
V3AA.DE vs. XLKQ.L - Performance Comparison
Loading charts...
Different Trading Currencies
V3AA.DE is traded in EUR, while XLKQ.L is traded in GBp. To make them comparable, the XLKQ.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, V3AA.DE achieves a 12.77% return, which is significantly lower than XLKQ.L's 24.91% return.
V3AA.DE
- 1D
- -0.11%
- 1M
- 4.35%
- YTD
- 12.77%
- 6M
- 13.07%
- 1Y
- 26.49%
- 3Y*
- 17.62%
- 5Y*
- 11.33%
- 10Y*
- —
XLKQ.L
- 1D
- -2.32%
- 1M
- 14.20%
- YTD
- 24.91%
- 6M
- 23.54%
- 1Y
- 50.48%
- 3Y*
- 32.98%
- 5Y*
- 26.44%
- 10Y*
- 26.02%
V3AA.DE vs. XLKQ.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
V3AA.DE Vanguard ESG Global All Cap UCITS ETF (USD) Acc | 12.77% | 7.60% | 24.41% | 20.63% | -18.04% | 20.19% |
XLKQ.L Invesco Technology S&P US Select Sector UCITS ETF GBP Acc | 24.93% | 9.72% | 50.98% | 55.05% | -24.67% | 40.10% |
Correlation
The correlation between V3AA.DE and XLKQ.L is 0.80, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.80 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.78 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.81 |
Correlation (All Time) Calculated using the full available price history since Mar 26, 2021 | 0.80 |
The correlation between V3AA.DE and XLKQ.L has been stable across timeframes, ranging from 0.78 to 0.81 - a consistent structural relationship.
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
V3AA.DE vs. XLKQ.L — Risk / Return Rank
V3AA.DE
XLKQ.L
V3AA.DE vs. XLKQ.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard ESG Global All Cap UCITS ETF (USD) Acc (V3AA.DE) and Invesco Technology S&P US Select Sector UCITS ETF GBP Acc (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.
| V3AA.DE | XLKQ.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.38 | ||
| Sortino ratioReturn per unit of downside risk | -0.22 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.41 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 3.30 | 3.18 | +0.12 |
| Martin ratioReturn relative to average drawdown | 13.32 | 8.52 | +4.80 |
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
| V3AA.DE | XLKQ.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.17 | 2.55 | -0.38 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.78 | 1.16 | -0.39 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 1.24 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.82 | 1.23 | -0.41 |
Drawdowns
V3AA.DE vs. XLKQ.L - Drawdown Comparison
The maximum V3AA.DE drawdown since its inception was -22.30%, smaller than the maximum XLKQ.L drawdown of -30.78%. Use the drawdown chart below to compare losses from any high point for V3AA.DE and XLKQ.L.
Loading charts...
Drawdown Indicators
| V3AA.DE | XLKQ.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.30% | -30.78% | +8.48% |
Max Drawdown (1Y)Largest decline over 1 year | -8.16% | -15.78% | +7.62% |
Max Drawdown (3Y)Largest decline over 3 years | -22.30% | -30.46% | +8.16% |
Max Drawdown (5Y)Largest decline over 5 years | -22.30% | -30.46% | +8.16% |
Max Drawdown (10Y)Largest decline over 10 years | — | -30.78% | — |
Current DrawdownCurrent decline from peak | -0.75% | -3.01% | +2.26% |
Average DrawdownAverage peak-to-trough decline | -5.91% | -5.56% | -0.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.03% | 5.91% | -3.88% |
Volatility
V3AA.DE vs. XLKQ.L - Volatility Comparison
The current volatility for Vanguard ESG Global All Cap UCITS ETF (USD) Acc (V3AA.DE) is 3.38%, while Invesco Technology S&P US Select Sector UCITS ETF GBP Acc (XLKQ.L) has a volatility of 6.61%. This indicates that V3AA.DE 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.
Loading charts...
Volatility by Period
| V3AA.DE | XLKQ.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.38% | 6.61% | -3.23% |
Volatility (6M)Calculated over the trailing 6-month period | 9.13% | 14.55% | -5.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.42% | 19.72% | -7.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.42% | 22.75% | -8.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.33% | 22.09% | -7.76% |
V3AA.DE vs. XLKQ.L - Expense Ratio Comparison
V3AA.DE has a 0.24% expense ratio, which is higher than XLKQ.L's 0.14% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
V3AA.DE vs. XLKQ.L - Dividend Comparison
Neither V3AA.DE nor XLKQ.L has paid dividends to shareholders.
Frequently Asked Questions
V3AA.DE and XLKQ.L have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XLKQ.L is cheaper at 0.14% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XLKQ.L is cheaper with a 0.14% expense ratio, compared with 0.24% for V3AA.DE.
V3AA.DE is categorized as Global Equities, while XLKQ.L is Technology Equities. V3AA.DE tracks FTSE Global All Cap Choice Index, while XLKQ.L tracks S&P Select Sector Capped 20% Technology Index. They also come from different issuers: Vanguard and Invesco. Their fees differ too: 0.24% for V3AA.DE and 0.14% for XLKQ.L.
Find the right allocation for V3AA.DE and XLKQ.L
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