XFSN.L vs. XCTE.L
XFSN.L (Xtrackers MSCI Fintech Innovation UCITS ETF 1C) and XCTE.L (Xtrackers Harvest MSCI China Tech 100 UCITS ETF 1C) are both Technology Equities funds from DWS tracking the MSCI World/Information Tech NR USD. Both are passively managed. Over the past 3 years, XFSN.L returned 13.55%/yr vs 10.39%/yr for XCTE.L. A 0.54 correlation means they provide meaningful diversification when combined. XFSN.L charges 0.35%/yr vs 0.44%/yr for XCTE.L.
Performance
XFSN.L vs. XCTE.L - Performance Comparison
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Different Trading Currencies
XFSN.L is traded in GBP, while XCTE.L is traded in USD. To make them comparable, the XCTE.L values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, XFSN.L achieves a -3.47% return, which is significantly lower than XCTE.L's 6.74% return.
XFSN.L
- 1D
- -2.16%
- 1M
- 6.48%
- YTD
- -3.47%
- 6M
- -4.83%
- 1Y
- -1.28%
- 3Y*
- 13.55%
- 5Y*
- —
- 10Y*
- —
XCTE.L
- 1D
- -0.90%
- 1M
- 4.63%
- YTD
- 6.74%
- 6M
- 7.43%
- 1Y
- 32.57%
- 3Y*
- 10.39%
- 5Y*
- —
- 10Y*
- —
XFSN.L vs. XCTE.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% |
XCTE.L Xtrackers Harvest MSCI China Tech 100 UCITS ETF 1C | 6.74% | 25.56% | 15.79% | -19.44% | -18.49% |
Correlation
The correlation between XFSN.L and XCTE.L is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.46 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.50 |
Correlation (All Time) Calculated using the full available price history since Jul 21, 2022 | 0.54 |
The correlation between XFSN.L and XCTE.L has been stable across timeframes, ranging from 0.46 to 0.54 - a consistent structural relationship.
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Return for Risk
XFSN.L vs. XCTE.L — Risk / Return Rank
XFSN.L
XCTE.L
XFSN.L vs. XCTE.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 Xtrackers Harvest MSCI China Tech 100 UCITS ETF 1C (XCTE.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 | XCTE.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.55 | ||
| Sortino ratioReturn per unit of downside risk | -2.10 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.26 | -0.26 |
| Calmar ratioReturn relative to maximum drawdown | -0.05 | 2.04 | -2.09 |
| Martin ratioReturn relative to average drawdown | -0.11 | 4.31 | -4.42 |
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 | XCTE.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.08 | 1.47 | -1.55 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.60 | 0.00 | +0.60 |
Drawdowns
XFSN.L vs. XCTE.L - Drawdown Comparison
The maximum XFSN.L drawdown since its inception was -23.96%, smaller than the maximum XCTE.L drawdown of -45.87%. Use the drawdown chart below to compare losses from any high point for XFSN.L and XCTE.L.
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Drawdown Indicators
| XFSN.L | XCTE.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.96% | -45.87% | +21.91% |
Max Drawdown (1Y)Largest decline over 1 year | -23.96% | -15.88% | -8.08% |
Max Drawdown (3Y)Largest decline over 3 years | -23.96% | -31.84% | +7.88% |
Current DrawdownCurrent decline from peak | -12.12% | -3.92% | -8.20% |
Average DrawdownAverage peak-to-trough decline | -6.18% | -22.28% | +16.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.36% | 7.55% | +3.81% |
Volatility
XFSN.L vs. XCTE.L - Volatility Comparison
The current volatility for Xtrackers MSCI Fintech Innovation UCITS ETF 1C (XFSN.L) is 4.25%, while Xtrackers Harvest MSCI China Tech 100 UCITS ETF 1C (XCTE.L) has a volatility of 8.11%. This indicates that XFSN.L experiences smaller price fluctuations and is considered to be less risky than XCTE.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 | XCTE.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.25% | 8.11% | -3.86% |
Volatility (6M)Calculated over the trailing 6-month period | 11.65% | 15.55% | -3.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.60% | 22.15% | -6.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.55% | 28.11% | -9.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.55% | 28.11% | -9.56% |
XFSN.L vs. XCTE.L - Expense Ratio Comparison
XFSN.L has a 0.35% expense ratio, which is lower than XCTE.L's 0.44% expense ratio.
Dividends
XFSN.L vs. XCTE.L - Dividend Comparison
Neither XFSN.L nor XCTE.L has paid dividends to shareholders.
Frequently Asked Questions
XFSN.L and XCTE.L have a correlation of 0.46, 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 0.44% for XCTE.L.
Both ETFs track MSCI World/Information Tech NR USD. Their fees differ too: 0.35% for XFSN.L and 0.44% for XCTE.L.
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