WTEC.L vs. DGIT.L

Last updated Jun 6, 2026

WTEC.L (SPDR MSCI World Technology UCITS ETF USD Acc) and DGIT.L (iShares Digitalisation UCITS Acc) are both Technology Equities funds - WTEC.L tracks the MSCI World Information Technology index while DGIT.L tracks the MSCI World/Information Tech NR USD. Both are passively managed. Over the past 5 years, WTEC.L returned 20.57%/yr vs 0.52%/yr for DGIT.L. A 0.78 correlation means they provide meaningful diversification when combined. WTEC.L charges 0.30%/yr vs 0.40%/yr for DGIT.L.

Performance

WTEC.L vs. DGIT.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR MSCI World Technology UCITS ETF USD Acc (WTEC.L) and iShares Digitalisation UCITS Acc (DGIT.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

WTEC.L is traded in USD, while DGIT.L is traded in GBp. To make them comparable, the DGIT.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, WTEC.L achieves a 20.17% return, which is significantly higher than DGIT.L's -0.69% return.

WTEC.L

• 1D: -3.15%
• 1M: 7.92%
• YTD: 20.17%
• 6M: 19.32%
• 1Y: 45.17%
• 3Y*: 31.84%
• 5Y*: 20.57%
• 10Y*: 23.80%

DGIT.L

• 1D: -2.47%
• 1M: 6.30%
• YTD: -0.69%
• 6M: -1.73%
• 1Y: -3.35%
• 3Y*: 13.48%
• 5Y*: 0.52%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

WTEC.L vs. DGIT.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
WTEC.L SPDR MSCI World Technology UCITS ETF USD Acc	20.17%	22.21%	34.08%	54.87%	-31.49%	29.89%	44.12%	46.70%	-3.23%	37.54%
DGIT.L iShares Digitalisation UCITS Acc	-0.69%	4.89%	21.96%	32.15%	-36.43%	1.12%	41.50%	25.41%	-4.95%	27.67%

Correlation

The correlation between WTEC.L and DGIT.L is 0.63, 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	0.63
Correlation (3Y) Calculated over the trailing 3-year period	0.69
Correlation (5Y) Calculated over the trailing 5-year period	0.76
Correlation (All Time) Calculated using the full available price history since Sep 9, 2016	0.78

The correlation between WTEC.L and DGIT.L shifts across timeframes, from 0.63 (1 year) to 0.78 (all time), reflecting how their relationship changes across market environments.

WTEC.L vs. DGIT.L - Sectors Allocation Comparison

Sectors	WTEC.L	DGIT.L
Technology	99.1%	42.7%
Communication Services	0.6%	19.1%
Industrials	0.3%	10.6%
Financial Services	0.1%	5.5%
Basic Materials	-	-
Consumer Cyclical	-	16.0%
Consumer Defensive	-	0.1%
Energy	-	-
Healthcare	-	0.1%
Real Estate	-	5.9%
Utilities	-	-

Return for Risk

WTEC.L vs. DGIT.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

WTEC.L

WTEC.L Risk / Return Rank: 63
WTEC.L Sharpe Ratio Rank: 73
WTEC.L Sortino Ratio Rank: 71
WTEC.L Omega Ratio Rank: 65
WTEC.L Calmar Ratio Rank: 58
WTEC.L Martin Ratio Rank: 50

DGIT.L

DGIT.L Risk / Return Rank: 8
DGIT.L Sharpe Ratio Rank: 8
DGIT.L Sortino Ratio Rank: 8
DGIT.L Omega Ratio Rank: 8
DGIT.L Calmar Ratio Rank: 9
DGIT.L Martin Ratio Rank: 9

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

WTEC.L vs. DGIT.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI World Technology UCITS ETF USD Acc (WTEC.L) and iShares Digitalisation UCITS Acc (DGIT.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.

	WTEC.L	DGIT.L	Difference
Sharpe ratio: Return per unit of total volatility	2.18	-0.19	+2.37
Sortino ratio: Return per unit of downside risk	2.94	-0.15	+3.09
Omega ratio: Gain probability vs. loss probability	1.36	0.98	+0.38
Calmar ratio: Return relative to maximum drawdown	2.67	-0.14	+2.81
Martin ratio: Return relative to average drawdown	7.92	-0.32	+8.23
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WTEC.L vs. DGIT.L - Sharpe Ratio Comparison

The current WTEC.L Sharpe Ratio is 2.18, which is higher than the DGIT.L Sharpe Ratio of -0.19. The chart below compares the historical Sharpe Ratios of WTEC.L and DGIT.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	WTEC.L	DGIT.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.18	-0.19	+2.37
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.87	0.02	+0.85
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	1.08	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.02	0.22	+0.81

Drawdowns

WTEC.L vs. DGIT.L - Drawdown Comparison

The maximum WTEC.L drawdown since its inception was -35.96%, smaller than the maximum DGIT.L drawdown of -46.83%. Use the drawdown chart below to compare losses from any high point for WTEC.L and DGIT.L.

Drawdown Indicators

	WTEC.L	DGIT.L	Difference
Max Drawdown Largest peak-to-trough decline	-35.96%	-46.83%	+10.87%
Max Drawdown (1Y) Largest decline over 1 year	-16.86%	-23.91%	+7.05%
Max Drawdown (3Y) Largest decline over 3 years	-26.39%	-23.91%	-2.48%
Max Drawdown (5Y) Largest decline over 5 years	-35.96%	-46.83%	+10.87%
Max Drawdown (10Y) Largest decline over 10 years	-35.96%	—	—
Current Drawdown Current decline from peak	-5.68%	-8.88%	+3.20%
Average Drawdown Average peak-to-trough decline	-5.50%	-15.42%	+9.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.69%	10.55%	-4.86%

Volatility

WTEC.L vs. DGIT.L - Volatility Comparison

SPDR MSCI World Technology UCITS ETF USD Acc (WTEC.L) has a higher volatility of 8.22% compared to iShares Digitalisation UCITS Acc (DGIT.L) at 6.19%. This indicates that WTEC.L's price experiences larger fluctuations and is considered to be riskier than DGIT.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WTEC.L	DGIT.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.22%	6.19%	+2.03%
Volatility (6M) Calculated over the trailing 6-month period	16.18%	14.01%	+2.17%
Volatility (1Y) Calculated over the trailing 1-year period	20.67%	17.40%	+3.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.54%	25.18%	-1.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.91%	24.00%	-2.09%

WTEC.L vs. DGIT.L - Expense Ratio Comparison

WTEC.L has a 0.30% expense ratio, which is lower than DGIT.L's 0.40% expense ratio.

Dividends

WTEC.L vs. DGIT.L - Dividend Comparison

Neither WTEC.L nor DGIT.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both WTEC.L and DGIT.L in my portfolio?

WTEC.L and DGIT.L have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, WTEC.L or DGIT.L?

On fees, WTEC.L is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, WTEC.L or DGIT.L?

WTEC.L is cheaper with a 0.30% expense ratio, compared with 0.40% for DGIT.L.

What is the main difference between WTEC.L and DGIT.L?

WTEC.L tracks MSCI World Information Technology index, while DGIT.L tracks MSCI World/Information Tech NR USD. They also come from different issuers: State Street and iShares. Their fees differ too: 0.30% for WTEC.L and 0.40% for DGIT.L.