XLKQ.L vs. SHLD.L
XLKQ.L (Invesco Technology S&P US Select Sector UCITS ETF GBP Acc) and SHLD.L (iShares Digital Security UCITS ETF USD (Dist)) are both Technology Equities funds - XLKQ.L tracks the S&P Select Sector Capped 20% Technology Index while SHLD.L tracks the STOXX Global Digital Security Open Net Index in USD. Both are passively managed. Over the past 5 years, XLKQ.L returned 22.16%/yr vs 9.59%/yr for SHLD.L. A 0.74 correlation means they provide meaningful diversification when combined. XLKQ.L charges 0.14%/yr vs 0.40%/yr for SHLD.L.
Performance
XLKQ.L vs. SHLD.L - Performance Comparison
Loading charts...
Different Trading Currencies
XLKQ.L is traded in GBp, while SHLD.L is traded in USD. To make them comparable, the SHLD.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, XLKQ.L achieves a 14.80% return, which is significantly lower than SHLD.L's 16.73% return.
XLKQ.L
- 1D
- -1.27%
- 1M
- -4.52%
- 6M
- 15.38%
- YTD
- 14.80%
- 1Y
- 27.84%
- 3Y*
- 29.05%
- 5Y*
- 22.16%
- 10Y*
- 24.67%
SHLD.L
- 1D
- -0.37%
- 1M
- 2.12%
- 6M
- 16.00%
- YTD
- 16.73%
- 1Y
- 21.48%
- 3Y*
- 17.87%
- 5Y*
- 9.59%
- 10Y*
- —
XLKQ.L vs. SHLD.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
XLKQ.L Invesco Technology S&P US Select Sector UCITS ETF GBP Acc | 14.80% | 15.76% | 44.03% | 51.84% | -20.58% | 36.28% | 37.93% | 44.38% | -7.85% |
SHLD.L iShares Digital Security UCITS ETF USD (Dist) | 16.73% | 3.57% | 18.59% | 27.22% | -20.68% | 17.61% | 23.48% | 23.39% | -2.16% |
Correlation
The correlation between XLKQ.L and SHLD.L is 0.61, 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 | 0.61 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.64 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.70 |
Correlation (All Time) Calculated using the full available price history since Oct 30, 2018 | 0.74 |
The correlation between XLKQ.L and SHLD.L shifts across timeframes, from 0.61 (1 year) to 0.74 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
XLKQ.L vs. SHLD.L — Risk / Return Rank
XLKQ.L
SHLD.L
XLKQ.L vs. SHLD.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 iShares Digital Security UCITS ETF USD (Dist) (SHLD.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| XLKQ.L | SHLD.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.31 | ||
| Sortino ratioReturn per unit of downside risk | +0.34 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.18 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 1.65 | 1.69 | -0.04 |
| Martin ratioReturn relative to average drawdown | 4.02 | 3.64 | +0.38 |
Loading charts...
Drawdowns
XLKQ.L vs. SHLD.L - Drawdown Comparison
The maximum XLKQ.L drawdown since its inception was -38.43%, which is greater than SHLD.L's maximum drawdown of -27.24%. Use the drawdown chart below to compare losses from any high point for XLKQ.L and SHLD.L.
Loading charts...
Drawdown Indicators
| XLKQ.L | SHLD.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.43% | -27.24% | -11.19% |
Max Drawdown (1Y)Largest decline over 1 year | -16.76% | -12.66% | -4.10% |
Max Drawdown (3Y)Largest decline over 3 years | -28.74% | -24.26% | -4.48% |
Max Drawdown (5Y)Largest decline over 5 years | -28.74% | -27.24% | -1.50% |
Max Drawdown (10Y)Largest decline over 10 years | -28.74% | — | — |
Current DrawdownCurrent decline from peak | -9.90% | -5.27% | -4.63% |
Average DrawdownAverage peak-to-trough decline | -8.07% | -7.84% | -0.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.92% | 5.90% | +1.02% |
Volatility
XLKQ.L vs. SHLD.L - Volatility Comparison
Invesco Technology S&P US Select Sector UCITS ETF GBP Acc (XLKQ.L) and iShares Digital Security UCITS ETF USD (Dist) (SHLD.L) have volatilities of 7.26% and 7.09%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XLKQ.L | SHLD.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.26% | 7.09% | +0.17% |
Volatility (6M)Calculated over the trailing 6-month period | 16.42% | 17.91% | -1.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.12% | 21.43% | -0.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.43% | 20.33% | +6.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.45% | 20.35% | +3.10% |
XLKQ.L vs. SHLD.L - Expense Ratio Comparison
XLKQ.L has a 0.14% expense ratio, which is lower than SHLD.L's 0.40% expense ratio.
Dividends
XLKQ.L vs. SHLD.L - Dividend Comparison
XLKQ.L has not paid dividends to shareholders, while SHLD.L's dividend yield for the trailing twelve months is around 0.35%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
SHLD.L iShares Digital Security UCITS ETF USD (Dist) | 0.35% | 0.39% | 0.48% | 0.43% | 0.63% | 0.66% | 0.84% | 1.00% |
XLKQ.L Invesco Technology S&P US Select Sector UCITS ETF GBP Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
XLKQ.L and SHLD.L have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XLKQ.L is cheaper at 0.14% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XLKQ.L is cheaper with a 0.14% expense ratio, compared with 0.40% for SHLD.L.
XLKQ.L tracks S&P Select Sector Capped 20% Technology Index, while SHLD.L tracks STOXX Global Digital Security Open Net Index in USD. They also come from different issuers: Invesco and iShares. Their fees differ too: 0.14% for XLKQ.L and 0.40% for SHLD.L.
Find the right allocation for XLKQ.L and SHLD.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer