XLKQ.L vs. WDEE.L
XLKQ.L (Invesco Technology S&P US Select Sector UCITS ETF GBP Acc) and WDEE.L (Invesco S&P World Energy Targeted & Screened UCITS ETF Acc) are both exchange-traded funds - XLKQ.L is a Technology Equities fund tracking the S&P Select Sector Capped 20% Technology Index, while WDEE.L is a Energy Equities fund tracking the S&P World Energy Targeted & Screened Index. Both are passively managed. Over the past 3 years, XLKQ.L returned 33.18%/yr vs 15.96%/yr for WDEE.L. At a 0.07 correlation, their price movements are largely independent. XLKQ.L charges 0.14%/yr vs 0.18%/yr for WDEE.L.
Performance
XLKQ.L vs. WDEE.L - Performance Comparison
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Different Trading Currencies
XLKQ.L is traded in GBp, while WDEE.L is traded in USD. To make them comparable, the WDEE.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 23.81% return, which is significantly lower than WDEE.L's 30.50% return.
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%
WDEE.L
- 1D
- -0.74%
- 1M
- -1.16%
- YTD
- 30.50%
- 6M
- 26.32%
- 1Y
- 40.90%
- 3Y*
- 15.96%
- 5Y*
- —
- 10Y*
- —
XLKQ.L vs. WDEE.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
XLKQ.L Invesco Technology S&P US Select Sector UCITS ETF GBP Acc | 23.81% | 15.76% | 44.03% | 30.00% |
WDEE.L Invesco S&P World Energy Targeted & Screened UCITS ETF Acc | 30.46% | 1.24% | 5.84% | 4.65% |
Correlation
The correlation between XLKQ.L and WDEE.L is -0.16, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.07 |
Correlation (All Time) Calculated using the full available price history since Apr 18, 2023 | 0.07 |
The correlation between XLKQ.L and WDEE.L shifts across timeframes, from -0.16 (1 year) to 0.07 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
XLKQ.L vs. WDEE.L — Risk / Return Rank
XLKQ.L
WDEE.L
XLKQ.L vs. WDEE.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 Invesco S&P World Energy Targeted & Screened UCITS ETF Acc (WDEE.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 | WDEE.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.74 | ||
| Sortino ratioReturn per unit of downside risk | +0.93 | ||
| Omega ratioGain probability vs. loss probability | 1.46 | 1.36 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 3.24 | 3.43 | -0.20 |
| Martin ratioReturn relative to average drawdown | 8.42 | 10.75 | -2.32 |
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 | WDEE.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.83 | 2.09 | +0.74 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.21 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.33 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.33 | 0.67 | +0.66 |
Drawdowns
XLKQ.L vs. WDEE.L - Drawdown Comparison
The maximum XLKQ.L drawdown since its inception was -28.74%, which is greater than WDEE.L's maximum drawdown of -21.91%. Use the drawdown chart below to compare losses from any high point for XLKQ.L and WDEE.L.
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Drawdown Indicators
| XLKQ.L | WDEE.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.74% | -21.91% | -6.83% |
Max Drawdown (1Y)Largest decline over 1 year | -16.76% | -11.86% | -4.90% |
Max Drawdown (3Y)Largest decline over 3 years | -28.74% | -21.91% | -6.83% |
Max Drawdown (5Y)Largest decline over 5 years | -28.74% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -28.74% | — | — |
Current DrawdownCurrent decline from peak | -2.84% | -5.47% | +2.63% |
Average DrawdownAverage peak-to-trough decline | -5.04% | -7.26% | +2.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.45% | 3.79% | +2.66% |
Volatility
XLKQ.L vs. WDEE.L - Volatility Comparison
The current volatility for Invesco Technology S&P US Select Sector UCITS ETF GBP Acc (XLKQ.L) is 6.83%, while Invesco S&P World Energy Targeted & Screened UCITS ETF Acc (WDEE.L) has a volatility of 7.32%. This indicates that XLKQ.L experiences smaller price fluctuations and is considered to be less risky than WDEE.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 | WDEE.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.83% | 7.32% | -0.49% |
Volatility (6M)Calculated over the trailing 6-month period | 14.29% | 15.99% | -1.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.18% | 19.54% | -0.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.04% | 19.34% | +2.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.65% | 19.34% | +2.31% |
XLKQ.L vs. WDEE.L - Expense Ratio Comparison
XLKQ.L has a 0.14% expense ratio, which is lower than WDEE.L's 0.18% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
XLKQ.L vs. WDEE.L - Dividend Comparison
Neither XLKQ.L nor WDEE.L has paid dividends to shareholders.
Frequently Asked Questions
XLKQ.L and WDEE.L have a correlation of -0.16, 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 0.18% for WDEE.L.
XLKQ.L is categorized as Technology Equities, while WDEE.L is Energy Equities. XLKQ.L tracks S&P Select Sector Capped 20% Technology Index, while WDEE.L tracks S&P World Energy Targeted & Screened Index. Their fees differ too: 0.14% for XLKQ.L and 0.18% for WDEE.L.
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