XLCP.L vs. XLKQ.L
Compare and contrast key facts about Invesco Communications S&P US Select Sector UCITS ETF A (XLCP.L) and Invesco US Technology Sector UCITS ETF (XLKQ.L).
XLCP.L and XLKQ.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. XLKQ.L is a passively managed fund by Invesco that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on Dec 16, 2009. Both XLCP.L and XLKQ.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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XLCP.L or XLKQ.L.
Key characteristics
| XLCP.L | XLKQ.L | |
|---|---|---|
| YTD Return | 16.79% | 15.59% |
| 1Y Return | 41.97% | 51.92% |
| 3Y Return (Ann) | 5.30% | 21.75% |
| 5Y Return (Ann) | 11.24% | 26.26% |
| Sharpe Ratio | 2.69 | 2.59 |
| Daily Std Dev | 15.73% | 19.45% |
| Max Drawdown | -38.47% | -23.83% |
| Current Drawdown | -1.44% | -1.61% |
Correlation
The correlation between XLCP.L and XLKQ.L is 0.79, 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.
Performance
XLCP.L vs. XLKQ.L - Performance Comparison
In the year-to-date period, XLCP.L achieves a 16.79% return, which is significantly higher than XLKQ.L's 15.59% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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XLCP.L vs. XLKQ.L - Expense Ratio Comparison
Both XLCP.L and XLKQ.L have an expense ratio of 0.14%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
XLCP.L vs. XLKQ.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Communications S&P US Select Sector UCITS ETF A (XLCP.L) and Invesco US Technology Sector UCITS ETF (XLKQ.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.
Dividends
XLCP.L vs. XLKQ.L - Dividend Comparison
Neither XLCP.L nor XLKQ.L has paid dividends to shareholders.
Drawdowns
XLCP.L vs. XLKQ.L - Drawdown Comparison
The maximum XLCP.L drawdown since its inception was -38.47%, which is greater than XLKQ.L's maximum drawdown of -23.83%. Use the drawdown chart below to compare losses from any high point for XLCP.L and XLKQ.L. For additional features, visit the drawdowns tool.
Volatility
XLCP.L vs. XLKQ.L - Volatility Comparison
The current volatility for Invesco Communications S&P US Select Sector UCITS ETF A (XLCP.L) is 6.81%, while Invesco US Technology Sector UCITS ETF (XLKQ.L) has a volatility of 8.01%. This indicates that XLCP.L experiences smaller price fluctuations and is considered to be less risky than XLKQ.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.