XLKQ.L vs. USMC
Compare and contrast key facts about Invesco US Technology Sector UCITS ETF (XLKQ.L) and Principal U.S. Mega-Cap ETF (USMC).
XLKQ.L and USMC 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. USMC is a passively managed fund by Principal that tracks the performance of the Nasdaq US Mega Cap Select Leaders Index. It was launched on Oct 12, 2017. Both XLKQ.L and USMC 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 USMC.
Performance
XLKQ.L vs. USMC - Performance Comparison
Returns By Period
In the year-to-date period, XLKQ.L achieves a 37.51% return, which is significantly higher than USMC's 25.97% return.
XLKQ.L
37.51%
3.50%
16.56%
42.38%
26.21%
24.03%
USMC
25.97%
1.85%
12.84%
32.61%
15.86%
N/A
Key characteristics
| XLKQ.L | USMC | |
|---|---|---|
| Sharpe Ratio | 2.04 | 2.67 |
| Sortino Ratio | 2.71 | 3.58 |
| Omega Ratio | 1.35 | 1.50 |
| Calmar Ratio | 2.93 | 3.86 |
| Martin Ratio | 8.82 | 17.43 |
| Ulcer Index | 4.76% | 1.86% |
| Daily Std Dev | 20.45% | 12.13% |
| Max Drawdown | -23.83% | -29.97% |
| Current Drawdown | -1.90% | -2.03% |
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XLKQ.L vs. USMC - Expense Ratio Comparison
XLKQ.L has a 0.14% expense ratio, which is higher than USMC's 0.12% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Correlation
The correlation between XLKQ.L and USMC is 0.60, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
XLKQ.L vs. USMC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco US Technology Sector UCITS ETF (XLKQ.L) and Principal U.S. Mega-Cap ETF (USMC). 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. USMC - Dividend Comparison
XLKQ.L has not paid dividends to shareholders, while USMC's dividend yield for the trailing twelve months is around 1.12%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
XLKQ.L Invesco US Technology Sector UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
USMC Principal U.S. Mega-Cap ETF | 1.12% | 1.35% | 1.78% | 1.53% | 1.56% | 2.04% | 2.27% | 0.24% |
Drawdowns
XLKQ.L vs. USMC - Drawdown Comparison
The maximum XLKQ.L drawdown since its inception was -23.83%, smaller than the maximum USMC drawdown of -29.97%. Use the drawdown chart below to compare losses from any high point for XLKQ.L and USMC. For additional features, visit the drawdowns tool.
Volatility
XLKQ.L vs. USMC - Volatility Comparison
Invesco US Technology Sector UCITS ETF (XLKQ.L) has a higher volatility of 5.71% compared to Principal U.S. Mega-Cap ETF (USMC) at 3.98%. This indicates that XLKQ.L's price experiences larger fluctuations and is considered to be riskier than USMC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.