XLKQ.L vs. PCT.L
XLKQ.L (Invesco Technology S&P US Select Sector UCITS ETF GBP Acc) is Technology Equities fund tracking the S&P Select Sector Capped 20% Technology Index, while PCT.L (Polar Capital Technology Trust) is a stock. Over the past 10 years, XLKQ.L returned 27.22%/yr vs 28.03%/yr for PCT.L. A 0.73 correlation means they provide meaningful diversification when combined.
Performance
XLKQ.L vs. PCT.L - Performance Comparison
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Returns By Period
In the year-to-date period, XLKQ.L achieves a 23.81% return, which is significantly lower than PCT.L's 53.02% return. Both investments have delivered pretty close results over the past 10 years, with XLKQ.L having a 27.22% annualized return and PCT.L not far ahead at 28.03%.
XLKQ.L
- 1D
- -2.23%
- 1M
- 12.27%
- YTD
- 23.81%
- 6M
- 21.73%
- 1Y
- 53.44%
- 3Y*
- 33.18%
- 5Y*
- 26.60%
- 10Y*
- 27.22%
PCT.L
- 1D
- -2.54%
- 1M
- 9.99%
- YTD
- 53.02%
- 6M
- 52.85%
- 1Y
- 110.68%
- 3Y*
- 45.92%
- 5Y*
- 26.15%
- 10Y*
- 28.03%
XLKQ.L vs. PCT.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XLKQ.L Invesco Technology S&P US Select Sector UCITS ETF GBP Acc | 23.81% | 15.76% | 44.03% | 51.84% | -20.58% | 36.28% | 37.93% | 44.63% | 0.92% | 23.56% |
PCT.L Polar Capital Technology Trust | 53.02% | 33.14% | 34.30% | 50.52% | -36.80% | 18.35% | 45.33% | 43.66% | -2.90% | 34.32% |
Correlation
The correlation between XLKQ.L and PCT.L is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.83 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.82 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.82 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.76 |
Correlation (All Time) Calculated using the full available price history since Jul 9, 2014 | 0.73 |
The correlation between XLKQ.L and PCT.L has been stable across timeframes, ranging from 0.73 to 0.83 - a consistent structural relationship.
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Return for Risk
XLKQ.L vs. PCT.L — Risk / Return Rank
XLKQ.L
PCT.L
XLKQ.L vs. PCT.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Technology S&P US Select Sector UCITS ETF GBP Acc (XLKQ.L) and Polar Capital Technology Trust (PCT.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.
| XLKQ.L | PCT.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.90 | ||
| Sortino ratioReturn per unit of downside risk | -1.83 | ||
| Omega ratioGain probability vs. loss probability | 1.46 | 1.73 | -0.27 |
| Calmar ratioReturn relative to maximum drawdown | 3.24 | 11.00 | -7.76 |
| Martin ratioReturn relative to average drawdown | 8.42 | 35.77 | -27.35 |
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
| XLKQ.L | PCT.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.83 | 4.73 | -1.90 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.21 | 1.04 | +0.17 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.33 | 1.14 | +0.19 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.33 | 0.52 | +0.81 |
Drawdowns
XLKQ.L vs. PCT.L - Drawdown Comparison
The maximum XLKQ.L drawdown since its inception was -28.74%, smaller than the maximum PCT.L drawdown of -84.10%. Use the drawdown chart below to compare losses from any high point for XLKQ.L and PCT.L.
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Drawdown Indicators
| XLKQ.L | PCT.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.74% | -84.10% | +55.36% |
Max Drawdown (1Y)Largest decline over 1 year | -16.76% | -9.98% | -6.78% |
Max Drawdown (3Y)Largest decline over 3 years | -28.74% | -33.20% | +4.46% |
Max Drawdown (5Y)Largest decline over 5 years | -28.74% | -37.89% | +9.15% |
Max Drawdown (10Y)Largest decline over 10 years | -28.74% | -37.89% | +9.15% |
Current DrawdownCurrent decline from peak | -2.84% | -3.20% | +0.36% |
Average DrawdownAverage peak-to-trough decline | -5.04% | -30.18% | +25.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.45% | 3.07% | +3.38% |
Volatility
XLKQ.L vs. PCT.L - Volatility Comparison
The current volatility for Invesco Technology S&P US Select Sector UCITS ETF GBP Acc (XLKQ.L) is 6.83%, while Polar Capital Technology Trust (PCT.L) has a volatility of 8.53%. This indicates that XLKQ.L experiences smaller price fluctuations and is considered to be less risky than PCT.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XLKQ.L | PCT.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.83% | 8.53% | -1.70% |
Volatility (6M)Calculated over the trailing 6-month period | 14.29% | 17.46% | -3.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.18% | 23.22% | -4.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.04% | 25.15% | -3.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.65% | 24.64% | -2.99% |
Dividends
XLKQ.L vs. PCT.L - Dividend Comparison
Neither XLKQ.L nor PCT.L has paid dividends to shareholders.
Frequently Asked Questions
XLKQ.L and PCT.L have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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