XFSN.L vs. SHLG.L
XFSN.L (Xtrackers MSCI Fintech Innovation UCITS ETF 1C) and SHLG.L (iShares Digital Security UCITS ETF USD (Dist)) are both Technology Equities funds tracking the MSCI World/Information Tech NR USD, from DWS and iShares respectively. Both are passively managed. Over the past 3 years, XFSN.L returned 13.55%/yr vs 19.56%/yr for SHLG.L. A 0.78 correlation means they provide meaningful diversification when combined. XFSN.L charges 0.35%/yr vs 0.40%/yr for SHLG.L.
Performance
XFSN.L vs. SHLG.L - Performance Comparison
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Returns By Period
In the year-to-date period, XFSN.L achieves a -3.47% return, which is significantly lower than SHLG.L's 22.33% return.
XFSN.L
- 1D
- -2.16%
- 1M
- 6.48%
- YTD
- -3.47%
- 6M
- -4.83%
- 1Y
- -1.28%
- 3Y*
- 13.55%
- 5Y*
- —
- 10Y*
- —
SHLG.L
- 1D
- -0.45%
- 1M
- 16.65%
- YTD
- 22.33%
- 6M
- 23.64%
- 1Y
- 29.83%
- 3Y*
- 19.56%
- 5Y*
- 11.69%
- 10Y*
- —
XFSN.L vs. SHLG.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% |
SHLG.L iShares Digital Security UCITS ETF USD (Dist) | 22.33% | 3.87% | 18.54% | 26.67% | -6.66% |
Correlation
The correlation between XFSN.L and SHLG.L is 0.73, 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 | 0.73 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.78 |
Correlation (All Time) Calculated using the full available price history since Jul 21, 2022 | 0.78 |
The correlation between XFSN.L and SHLG.L has been stable across timeframes, ranging from 0.73 to 0.78 - a consistent structural relationship.
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Return for Risk
XFSN.L vs. SHLG.L — Risk / Return Rank
XFSN.L
SHLG.L
XFSN.L vs. SHLG.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 iShares Digital Security UCITS ETF USD (Dist) (SHLG.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 | SHLG.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.65 | ||
| Sortino ratioReturn per unit of downside risk | -2.24 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.29 | -0.29 |
| Calmar ratioReturn relative to maximum drawdown | -0.05 | 2.35 | -2.40 |
| Martin ratioReturn relative to average drawdown | -0.11 | 5.48 | -5.59 |
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
| XFSN.L | SHLG.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.08 | 1.57 | -1.65 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.62 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.60 | 0.64 | -0.04 |
Drawdowns
XFSN.L vs. SHLG.L - Drawdown Comparison
The maximum XFSN.L drawdown since its inception was -23.96%, smaller than the maximum SHLG.L drawdown of -27.07%. Use the drawdown chart below to compare losses from any high point for XFSN.L and SHLG.L.
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Drawdown Indicators
| XFSN.L | SHLG.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.96% | -27.07% | +3.11% |
Max Drawdown (1Y)Largest decline over 1 year | -23.96% | -12.65% | -11.31% |
Max Drawdown (3Y)Largest decline over 3 years | -23.96% | -24.02% | +0.06% |
Max Drawdown (5Y)Largest decline over 5 years | — | -27.07% | — |
Current DrawdownCurrent decline from peak | -12.12% | -0.45% | -11.67% |
Average DrawdownAverage peak-to-trough decline | -6.18% | -9.50% | +3.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.36% | 5.43% | +5.93% |
Volatility
XFSN.L vs. SHLG.L - Volatility Comparison
The current volatility for Xtrackers MSCI Fintech Innovation UCITS ETF 1C (XFSN.L) is 4.25%, while iShares Digital Security UCITS ETF USD (Dist) (SHLG.L) has a volatility of 7.38%. This indicates that XFSN.L experiences smaller price fluctuations and is considered to be less risky than SHLG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XFSN.L | SHLG.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.25% | 7.38% | -3.13% |
Volatility (6M)Calculated over the trailing 6-month period | 11.65% | 14.88% | -3.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.60% | 18.99% | -3.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.55% | 18.94% | -0.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.55% | 18.85% | -0.30% |
XFSN.L vs. SHLG.L - Expense Ratio Comparison
XFSN.L has a 0.35% expense ratio, which is lower than SHLG.L's 0.40% expense ratio.
Dividends
XFSN.L vs. SHLG.L - Dividend Comparison
XFSN.L has not paid dividends to shareholders, while SHLG.L's dividend yield for the trailing twelve months is around 0.32%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
SHLG.L iShares Digital Security UCITS ETF USD (Dist) | 0.32% | 0.39% | 0.47% | 0.43% | 0.62% | 0.66% |
XFSN.L Xtrackers MSCI Fintech Innovation UCITS ETF 1C | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
XFSN.L and SHLG.L have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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.
XFSN.L is cheaper with a 0.35% expense ratio, compared with 0.40% for SHLG.L.
Both ETFs track MSCI World/Information Tech NR USD. They also come from different issuers: DWS and iShares. Their fees differ too: 0.35% for XFSN.L and 0.40% for SHLG.L.
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