XLKQ.L vs. XLG
Compare and contrast key facts about Invesco US Technology Sector UCITS ETF (XLKQ.L) and Invesco S&P 500® Top 50 ETF (XLG).
XLKQ.L and XLG 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. XLG is a passively managed fund by Invesco that tracks the performance of the Russell Top 50 Index. It was launched on May 10, 2005. Both XLKQ.L and XLG 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 XLG.
Performance
XLKQ.L vs. XLG - Performance Comparison
Returns By Period
In the year-to-date period, XLKQ.L achieves a 37.51% return, which is significantly higher than XLG's 29.52% return. Over the past 10 years, XLKQ.L has outperformed XLG with an annualized return of 24.03%, while XLG has yielded a comparatively lower 14.82% annualized return.
XLKQ.L
37.51%
3.50%
16.56%
42.38%
26.21%
24.03%
XLG
29.52%
0.96%
13.06%
34.65%
18.05%
14.82%
Key characteristics
XLKQ.L | XLG | |
---|---|---|
Sharpe Ratio | 2.04 | 2.38 |
Sortino Ratio | 2.71 | 3.13 |
Omega Ratio | 1.35 | 1.44 |
Calmar Ratio | 2.93 | 3.10 |
Martin Ratio | 8.82 | 12.88 |
Ulcer Index | 4.76% | 2.72% |
Daily Std Dev | 20.45% | 14.75% |
Max Drawdown | -23.83% | -52.39% |
Current Drawdown | -1.90% | -2.53% |
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XLKQ.L vs. XLG - Expense Ratio Comparison
XLKQ.L has a 0.14% expense ratio, which is lower than XLG's 0.20% 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%.
Correlation
The correlation between XLKQ.L and XLG is 0.57, 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. XLG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco US Technology Sector UCITS ETF (XLKQ.L) and Invesco S&P 500® Top 50 ETF (XLG). 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. XLG - Dividend Comparison
XLKQ.L has not paid dividends to shareholders, while XLG's dividend yield for the trailing twelve months is around 0.74%.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Invesco US Technology Sector UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Invesco S&P 500® Top 50 ETF | 0.74% | 0.97% | 1.34% | 0.94% | 1.25% | 1.58% | 2.00% | 1.85% | 2.00% | 2.09% | 1.97% | 1.97% |
Drawdowns
XLKQ.L vs. XLG - Drawdown Comparison
The maximum XLKQ.L drawdown since its inception was -23.83%, smaller than the maximum XLG drawdown of -52.39%. Use the drawdown chart below to compare losses from any high point for XLKQ.L and XLG. For additional features, visit the drawdowns tool.
Volatility
XLKQ.L vs. XLG - Volatility Comparison
Invesco US Technology Sector UCITS ETF (XLKQ.L) has a higher volatility of 5.72% compared to Invesco S&P 500® Top 50 ETF (XLG) at 4.94%. This indicates that XLKQ.L's price experiences larger fluctuations and is considered to be riskier than XLG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.