XLKQ.L vs. SMGB.L
Compare and contrast key facts about Invesco US Technology Sector UCITS ETF (XLKQ.L) and VanEck Semiconductor UCITS ETF (SMGB.L).
XLKQ.L and SMGB.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. SMGB.L is a passively managed fund by VanEck that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on Dec 1, 2020. Both XLKQ.L and SMGB.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: XLKQ.L or SMGB.L.
Performance
XLKQ.L vs. SMGB.L - Performance Comparison
Returns By Period
In the year-to-date period, XLKQ.L achieves a 37.51% return, which is significantly higher than SMGB.L's 21.09% return.
XLKQ.L
37.51%
3.50%
16.56%
42.38%
26.21%
24.03%
SMGB.L
21.09%
-1.27%
-2.67%
32.30%
N/A
N/A
Key characteristics
| XLKQ.L | SMGB.L | |
|---|---|---|
| Sharpe Ratio | 2.04 | 1.08 |
| Sortino Ratio | 2.71 | 1.54 |
| Omega Ratio | 1.35 | 1.20 |
| Calmar Ratio | 2.93 | 1.25 |
| Martin Ratio | 8.82 | 3.16 |
| Ulcer Index | 4.76% | 9.99% |
| Daily Std Dev | 20.45% | 29.20% |
| Max Drawdown | -23.83% | -35.48% |
| Current Drawdown | -1.90% | -16.02% |
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XLKQ.L vs. SMGB.L - Expense Ratio Comparison
XLKQ.L has a 0.14% expense ratio, which is lower than SMGB.L's 0.35% expense ratio.
Correlation
The correlation between XLKQ.L and SMGB.L is 0.88, 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.
Risk-Adjusted Performance
XLKQ.L vs. SMGB.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco US Technology Sector UCITS ETF (XLKQ.L) and VanEck Semiconductor UCITS ETF (SMGB.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
XLKQ.L vs. SMGB.L - Dividend Comparison
Neither XLKQ.L nor SMGB.L has paid dividends to shareholders.
| TTM | 2023 | 2022 | |
|---|---|---|---|
XLKQ.L Invesco US Technology Sector UCITS ETF | 0.00% | 0.00% | 0.00% |
SMGB.L VanEck Semiconductor UCITS ETF | 0.00% | 0.00% | 0.44% |
Drawdowns
XLKQ.L vs. SMGB.L - Drawdown Comparison
The maximum XLKQ.L drawdown since its inception was -23.83%, smaller than the maximum SMGB.L drawdown of -35.48%. Use the drawdown chart below to compare losses from any high point for XLKQ.L and SMGB.L. For additional features, visit the drawdowns tool.
Volatility
XLKQ.L vs. SMGB.L - Volatility Comparison
The current volatility for Invesco US Technology Sector UCITS ETF (XLKQ.L) is 5.71%, while VanEck Semiconductor UCITS ETF (SMGB.L) has a volatility of 7.69%. This indicates that XLKQ.L experiences smaller price fluctuations and is considered to be less risky than SMGB.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.