XFSN.L vs. HERG.L

Last updated Jun 4, 2026

XFSN.L (Xtrackers MSCI Fintech Innovation UCITS ETF 1C) and HERG.L (Global X Video Games & Esports UCITS ETF Dist GBP) are both Technology Equities funds tracking the MSCI World/Information Tech NR USD, from DWS and Global X respectively. Both are passively managed. Over the past 3 years, XFSN.L returned 13.55%/yr vs 5.70%/yr for HERG.L. A 0.68 correlation means they provide meaningful diversification when combined. XFSN.L charges 0.35%/yr vs 0.50%/yr for HERG.L.

Performance

XFSN.L vs. HERG.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Xtrackers MSCI Fintech Innovation UCITS ETF 1C (XFSN.L) and Global X Video Games & Esports UCITS ETF Dist GBP (HERG.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XFSN.L achieves a -3.47% return, which is significantly higher than HERG.L's -12.79% return.

XFSN.L

• 1D: -2.16%
• 1M: 6.48%
• YTD: -3.47%
• 6M: -4.83%
• 1Y: -1.28%
• 3Y*: 13.55%
• 5Y*: —
• 10Y*: —

HERG.L

• 1D: -2.06%
• 1M: -2.09%
• YTD: -12.79%
• 6M: -15.50%
• 1Y: -12.04%
• 3Y*: 5.70%
• 5Y*: -3.77%
• 10Y*: —

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

XFSN.L vs. HERG.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
XFSN.L Xtrackers MSCI Fintech Innovation UCITS ETF 1C	-3.47%	2.93%	34.89%	21.37%	-7.30%
HERG.L Global X Video Games & Esports UCITS ETF Dist GBP	-12.79%	15.10%	20.65%	0.14%	-13.22%

Correlation

The correlation between XFSN.L and HERG.L is 0.51, 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	0.51
Correlation (3Y) Calculated over the trailing 3-year period	0.64
Correlation (All Time) Calculated using the full available price history since Jul 21, 2022	0.68

The correlation between XFSN.L and HERG.L shifts across timeframes, from 0.51 (1 year) to 0.68 (all time), reflecting how their relationship changes across market environments.

Return for Risk

XFSN.L vs. HERG.L — Risk / Return Rank

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

XFSN.L

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

HERG.L

HERG.L Risk / Return Rank: 4
HERG.L Sharpe Ratio Rank: 3
HERG.L Sortino Ratio Rank: 3
HERG.L Omega Ratio Rank: 3
HERG.L Calmar Ratio Rank: 5
HERG.L Martin Ratio Rank: 5

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.

XFSN.L vs. HERG.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI Fintech Innovation UCITS ETF 1C (XFSN.L) and Global X Video Games & Esports UCITS ETF Dist GBP (HERG.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.

	XFSN.L	HERG.L	Difference
Sharpe ratio: Return per unit of total volatility	-0.08	-0.69	+0.60
Sortino ratio: Return per unit of downside risk	-0.01	-0.85	+0.84
Omega ratio: Gain probability vs. loss probability	1.00	0.90	+0.10
Calmar ratio: Return relative to maximum drawdown	-0.05	-0.48	+0.43
Martin ratio: Return relative to average drawdown	-0.11	-0.91	+0.79
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XFSN.L vs. HERG.L - Sharpe Ratio Comparison

The current XFSN.L Sharpe Ratio is -0.08, which is higher than the HERG.L Sharpe Ratio of -0.69. The chart below compares the historical Sharpe Ratios of XFSN.L and HERG.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

	XFSN.L	HERG.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.08	-0.69	+0.60
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.19	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.60	-0.20	+0.80

Drawdowns

XFSN.L vs. HERG.L - Drawdown Comparison

The maximum XFSN.L drawdown since its inception was -23.96%, smaller than the maximum HERG.L drawdown of -48.02%. Use the drawdown chart below to compare losses from any high point for XFSN.L and HERG.L.

Drawdown Indicators

	XFSN.L	HERG.L	Difference
Max Drawdown Largest peak-to-trough decline	-23.96%	-48.02%	+24.06%
Max Drawdown (1Y) Largest decline over 1 year	-23.96%	-24.96%	+1.00%
Max Drawdown (3Y) Largest decline over 3 years	-23.96%	-24.96%	+1.00%
Max Drawdown (5Y) Largest decline over 5 years	—	-40.40%	—
Current Drawdown Current decline from peak	-12.12%	-31.46%	+19.34%
Average Drawdown Average peak-to-trough decline	-6.18%	-30.34%	+24.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.36%	13.26%	-1.90%

Volatility

XFSN.L vs. HERG.L - Volatility Comparison

The current volatility for Xtrackers MSCI Fintech Innovation UCITS ETF 1C (XFSN.L) is 4.25%, while Global X Video Games & Esports UCITS ETF Dist GBP (HERG.L) has a volatility of 4.82%. This indicates that XFSN.L experiences smaller price fluctuations and is considered to be less risky than HERG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XFSN.L	HERG.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.25%	4.82%	-0.57%
Volatility (6M) Calculated over the trailing 6-month period	11.65%	14.14%	-2.49%
Volatility (1Y) Calculated over the trailing 1-year period	15.60%	17.48%	-1.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.55%	20.12%	-1.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.55%	20.40%	-1.85%

XFSN.L vs. HERG.L - Expense Ratio Comparison

XFSN.L has a 0.35% expense ratio, which is lower than HERG.L's 0.50% expense ratio.

Dividends

XFSN.L vs. HERG.L - Dividend Comparison

XFSN.L has not paid dividends to shareholders, while HERG.L's dividend yield for the trailing twelve months is around 0.96%.

Position	TTM	2025	2024	2023	2022	2021
HERG.L Global X Video Games & Esports UCITS ETF Dist GBP	0.96%	0.24%	0.37%	0.00%	0.01%	0.07%
XFSN.L Xtrackers MSCI Fintech Innovation UCITS ETF 1C	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both XFSN.L and HERG.L in my portfolio?

XFSN.L and HERG.L have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XFSN.L or HERG.L?

On fees, XFSN.L is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XFSN.L or HERG.L?

XFSN.L is cheaper with a 0.35% expense ratio, compared with 0.50% for HERG.L.

What is the main difference between XFSN.L and HERG.L?

Both ETFs track MSCI World/Information Tech NR USD. They also come from different issuers: DWS and Global X. Their fees differ too: 0.35% for XFSN.L and 0.50% for HERG.L.