X7PP.L vs. S7XP.L
Compare and contrast key facts about Invesco European Banks Sector UCITS ETF (X7PP.L) and Invesco EURO STOXX Optimised Banks UCITS ETF (S7XP.L).
X7PP.L and S7XP.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. X7PP.L is a passively managed fund by Invesco that tracks the performance of the MSCI World/Financials NR USD. It was launched on Jul 7, 2009. S7XP.L is a passively managed fund by Invesco that tracks the performance of the MSCI World/Financials NR USD. It was launched on Apr 11, 2011. Both X7PP.L and S7XP.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
X7PP.L vs. S7XP.L - Performance Comparison
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X7PP.L vs. S7XP.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
X7PP.L Invesco European Banks Sector UCITS ETF | -3.65% | 87.77% | 27.07% | 23.27% | 6.04% | 29.16% | -18.50% | 8.33% | -25.45% | 15.44% |
S7XP.L Invesco EURO STOXX Optimised Banks UCITS ETF | -5.51% | 94.76% | 25.39% | 26.22% | 6.71% | 30.03% | -18.68% | 10.65% | -30.92% | 19.01% |
Returns By Period
In the year-to-date period, X7PP.L achieves a -3.65% return, which is significantly higher than S7XP.L's -5.51% return. Both investments have delivered pretty close results over the past 10 years, with X7PP.L having a 14.25% annualized return and S7XP.L not far ahead at 14.46%.
X7PP.L
- 1D
- 4.40%
- 1M
- -3.71%
- YTD
- -3.65%
- 6M
- 9.91%
- 1Y
- 41.89%
- 3Y*
- 39.76%
- 5Y*
- 27.85%
- 10Y*
- 14.25%
S7XP.L
- 1D
- 4.25%
- 1M
- -4.56%
- YTD
- -5.51%
- 6M
- 6.02%
- 1Y
- 40.13%
- 3Y*
- 40.52%
- 5Y*
- 29.01%
- 10Y*
- 14.46%
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X7PP.L vs. S7XP.L - Expense Ratio Comparison
X7PP.L has a 0.20% expense ratio, which is lower than S7XP.L's 0.30% expense ratio.
Return for Risk
X7PP.L vs. S7XP.L — Risk / Return Rank
X7PP.L
S7XP.L
X7PP.L vs. S7XP.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco European Banks Sector UCITS ETF (X7PP.L) and Invesco EURO STOXX Optimised Banks UCITS ETF (S7XP.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.
| X7PP.L | S7XP.L | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.76 | 1.59 | +0.17 |
Sortino ratioReturn per unit of downside risk | 2.23 | 2.07 | +0.16 |
Omega ratioGain probability vs. loss probability | 1.31 | 1.28 | +0.03 |
Calmar ratioReturn relative to maximum drawdown | 2.64 | 2.38 | +0.26 |
Martin ratioReturn relative to average drawdown | 9.39 | 8.46 | +0.93 |
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
| X7PP.L | S7XP.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.76 | 1.59 | +0.17 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.19 | 1.13 | +0.07 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.58 | 0.52 | +0.06 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.39 | 0.34 | +0.06 |
Correlation
The correlation between X7PP.L and S7XP.L is 0.97, 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
X7PP.L vs. S7XP.L - Dividend Comparison
Neither X7PP.L nor S7XP.L has paid dividends to shareholders.
Drawdowns
X7PP.L vs. S7XP.L - Drawdown Comparison
The maximum X7PP.L drawdown since its inception was -56.28%, smaller than the maximum S7XP.L drawdown of -62.98%. Use the drawdown chart below to compare losses from any high point for X7PP.L and S7XP.L.
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Drawdown Indicators
| X7PP.L | S7XP.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.28% | -62.98% | +6.70% |
Max Drawdown (1Y)Largest decline over 1 year | -15.94% | -17.10% | +1.16% |
Max Drawdown (5Y)Largest decline over 5 years | -30.79% | -35.01% | +4.22% |
Max Drawdown (10Y)Largest decline over 10 years | -56.28% | -62.98% | +6.70% |
Current DrawdownCurrent decline from peak | -9.93% | -11.08% | +1.15% |
Average DrawdownAverage peak-to-trough decline | -15.54% | -19.44% | +3.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.48% | 4.81% | -0.33% |
Volatility
X7PP.L vs. S7XP.L - Volatility Comparison
The current volatility for Invesco European Banks Sector UCITS ETF (X7PP.L) is 9.46%, while Invesco EURO STOXX Optimised Banks UCITS ETF (S7XP.L) has a volatility of 9.96%. This indicates that X7PP.L experiences smaller price fluctuations and is considered to be less risky than S7XP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| X7PP.L | S7XP.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.46% | 9.96% | -0.50% |
Volatility (6M)Calculated over the trailing 6-month period | 16.57% | 17.45% | -0.88% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.74% | 25.15% | -1.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.30% | 25.68% | -2.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.65% | 28.01% | -3.36% |