WTEL.L vs. XLCP.L
Compare and contrast key facts about SPDR MSCI World Telecommunications UCITS ETF (WTEL.L) and Invesco Communications S&P US Select Sector UCITS ETF A (XLCP.L).
WTEL.L and XLCP.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. WTEL.L is a passively managed fund by State Street that tracks the performance of the MSCI World/Comm Services NR USD. It was launched on Apr 29, 2016. XLCP.L is a passively managed fund by Invesco that tracks the performance of the MSCI World/Comm Services NR USD. It was launched on Sep 17, 2018. Both WTEL.L and XLCP.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.
Performance
WTEL.L vs. XLCP.L - Performance Comparison
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WTEL.L vs. XLCP.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
WTEL.L SPDR MSCI World Telecommunications UCITS ETF | -4.56% | 28.84% | 35.03% | 47.06% | -37.79% | 15.91% | 22.40% | 26.15% | -6.43% |
XLCP.L Invesco Communications S&P US Select Sector UCITS ETF A | -2.93% | 19.49% | 37.71% | 51.53% | -39.83% | 14.00% | 20.76% | 32.88% | -11.48% |
Different Trading Currencies
WTEL.L is traded in USD, while XLCP.L is traded in GBp. To make them comparable, the XLCP.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, WTEL.L achieves a -4.56% return, which is significantly lower than XLCP.L's -2.93% return.
WTEL.L
- 1D
- 2.86%
- 1M
- -4.32%
- YTD
- -4.56%
- 6M
- -0.95%
- 1Y
- 27.78%
- 3Y*
- 27.45%
- 5Y*
- 10.07%
- 10Y*
- —
XLCP.L
- 1D
- 1.52%
- 1M
- -4.45%
- YTD
- -2.93%
- 6M
- -3.49%
- 1Y
- 15.87%
- 3Y*
- 26.16%
- 5Y*
- 8.86%
- 10Y*
- —
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WTEL.L vs. XLCP.L - Expense Ratio Comparison
WTEL.L has a 0.30% expense ratio, which is higher than XLCP.L's 0.14% expense ratio.
Return for Risk
WTEL.L vs. XLCP.L — Risk / Return Rank
WTEL.L
XLCP.L
WTEL.L vs. XLCP.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI World Telecommunications UCITS ETF (WTEL.L) and Invesco Communications S&P US Select Sector UCITS ETF A (XLCP.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.
| WTEL.L | XLCP.L | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.62 | 0.97 | +0.65 |
Sortino ratioReturn per unit of downside risk | 2.43 | 1.48 | +0.95 |
Omega ratioGain probability vs. loss probability | 1.30 | 1.19 | +0.11 |
Calmar ratioReturn relative to maximum drawdown | 2.33 | 1.57 | +0.76 |
Martin ratioReturn relative to average drawdown | 9.47 | 4.02 | +5.45 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| WTEL.L | XLCP.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.62 | 0.97 | +0.65 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.53 | 0.47 | +0.06 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.57 | 0.62 | -0.05 |
Correlation
The correlation between WTEL.L and XLCP.L is 0.89, 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.
Dividends
WTEL.L vs. XLCP.L - Dividend Comparison
Neither WTEL.L nor XLCP.L has paid dividends to shareholders.
Drawdowns
WTEL.L vs. XLCP.L - Drawdown Comparison
The maximum WTEL.L drawdown since its inception was -44.74%, smaller than the maximum XLCP.L drawdown of -47.42%. Use the drawdown chart below to compare losses from any high point for WTEL.L and XLCP.L.
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Drawdown Indicators
| WTEL.L | XLCP.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.74% | -38.47% | -6.27% |
Max Drawdown (1Y)Largest decline over 1 year | -11.88% | -8.69% | -3.19% |
Max Drawdown (5Y)Largest decline over 5 years | -44.74% | -38.47% | -6.27% |
Current DrawdownCurrent decline from peak | -7.74% | -5.42% | -2.32% |
Average DrawdownAverage peak-to-trough decline | -9.08% | -8.61% | -0.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.92% | 3.14% | -0.22% |
Volatility
WTEL.L vs. XLCP.L - Volatility Comparison
SPDR MSCI World Telecommunications UCITS ETF (WTEL.L) has a higher volatility of 6.05% compared to Invesco Communications S&P US Select Sector UCITS ETF A (XLCP.L) at 4.41%. This indicates that WTEL.L's price experiences larger fluctuations and is considered to be riskier than XLCP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WTEL.L | XLCP.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.05% | 4.41% | +1.64% |
Volatility (6M)Calculated over the trailing 6-month period | 10.41% | 9.26% | +1.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.20% | 16.33% | +0.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.13% | 18.80% | +0.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.85% | 19.39% | -1.54% |