XLKS.L vs. DGIT.L

Last updated Jun 5, 2026

XLKS.L (Invesco Technology S&P US Select Sector UCITS ETF Acc) and DGIT.L (iShares Digitalisation UCITS Acc) are both Technology Equities funds - XLKS.L tracks the S&P® Select Sector Capped 20% Technology Index while DGIT.L tracks the MSCI World/Information Tech NR USD. Both are passively managed. Over the past 5 years, XLKS.L returned 25.25%/yr vs 1.02%/yr for DGIT.L. A 0.74 correlation means they provide meaningful diversification when combined. XLKS.L charges 0.14%/yr vs 0.40%/yr for DGIT.L.

Performance

XLKS.L vs. DGIT.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Technology S&P US Select Sector UCITS ETF Acc (XLKS.L) and iShares Digitalisation UCITS Acc (DGIT.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

XLKS.L is traded in USD, while DGIT.L is traded in GBp. To make them comparable, the DGIT.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, XLKS.L achieves a 23.53% return, which is significantly higher than DGIT.L's 2.39% return.

XLKS.L

• 1D: -2.32%
• 1M: 13.24%
• YTD: 23.53%
• 6M: 23.08%
• 1Y: 52.93%
• 3Y*: 36.69%
• 5Y*: 25.25%
• 10Y*: 26.28%

DGIT.L

• 1D: 1.22%
• 1M: 9.30%
• YTD: 2.39%
• 6M: 1.64%
• 1Y: 0.16%
• 3Y*: 14.80%
• 5Y*: 1.02%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

XLKS.L vs. DGIT.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
XLKS.L Invesco Technology S&P US Select Sector UCITS ETF Acc	23.53%	24.23%	41.72%	60.64%	-29.12%	34.73%	42.78%	48.83%	-2.51%	33.27%
DGIT.L iShares Digitalisation UCITS Acc	2.39%	4.31%	21.96%	32.15%	-36.43%	1.12%	41.50%	25.41%	-4.95%	27.67%

Correlation

The correlation between XLKS.L and DGIT.L is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.47
Correlation (3Y) Calculated over the trailing 3-year period	0.62
Correlation (5Y) Calculated over the trailing 5-year period	0.71
Correlation (All Time) Calculated using the full available price history since Sep 13, 2016	0.74

Over the past year, the correlation between XLKS.L and DGIT.L has dropped to 0.47 - well below their long-term average of 0.74, suggesting their price drivers have been diverging.

XLKS.L vs. DGIT.L - Sectors Allocation Comparison

Sectors	XLKS.L	DGIT.L
Technology	91.2%	42.7%
Financial Services	7.3%	5.5%
Industrials	1.5%	10.6%
Basic Materials	-	-
Communication Services	-	19.1%
Consumer Cyclical	-	16.0%
Consumer Defensive	-	0.1%
Energy	-	-
Healthcare	-	0.1%
Real Estate	-	5.9%
Utilities	-	-

Return for Risk

XLKS.L vs. DGIT.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

XLKS.L

XLKS.L Risk / Return Rank: 70
XLKS.L Sharpe Ratio Rank: 81
XLKS.L Sortino Ratio Rank: 77
XLKS.L Omega Ratio Rank: 72
XLKS.L Calmar Ratio Rank: 63
XLKS.L Martin Ratio Rank: 55

DGIT.L

DGIT.L Risk / Return Rank: 10
DGIT.L Sharpe Ratio Rank: 10
DGIT.L Sortino Ratio Rank: 10
DGIT.L Omega Ratio Rank: 10
DGIT.L Calmar Ratio Rank: 10
DGIT.L Martin Ratio Rank: 10

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

XLKS.L vs. DGIT.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 Acc (XLKS.L) and iShares Digitalisation UCITS Acc (DGIT.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.

	XLKS.L	DGIT.L	Difference
Sharpe ratio: Return per unit of total volatility	2.61	0.01	+2.60
Sortino ratio: Return per unit of downside risk	3.43	0.13	+3.30
Omega ratio: Gain probability vs. loss probability	1.42	1.02	+0.41
Calmar ratio: Return relative to maximum drawdown	3.10	0.01	+3.09
Martin ratio: Return relative to average drawdown	9.28	0.02	+9.26
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XLKS.L vs. DGIT.L - Sharpe Ratio Comparison

The current XLKS.L Sharpe Ratio is 2.61, which is higher than the DGIT.L Sharpe Ratio of 0.01. The chart below compares the historical Sharpe Ratios of XLKS.L and DGIT.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	XLKS.L	DGIT.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.61	0.01	+2.60
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.06	0.05	+1.01
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	1.19	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.04	0.43	+0.61

Drawdowns

XLKS.L vs. DGIT.L - Drawdown Comparison

The maximum XLKS.L drawdown since its inception was -34.26%, smaller than the maximum DGIT.L drawdown of -46.83%. Use the drawdown chart below to compare losses from any high point for XLKS.L and DGIT.L.

Drawdown Indicators

	XLKS.L	DGIT.L	Difference
Max Drawdown Largest peak-to-trough decline	-34.26%	-46.83%	+12.57%
Max Drawdown (1Y) Largest decline over 1 year	-16.99%	-23.85%	+6.86%
Max Drawdown (3Y) Largest decline over 3 years	-26.97%	-23.85%	-3.12%
Max Drawdown (5Y) Largest decline over 5 years	-34.26%	-46.83%	+12.57%
Max Drawdown (10Y) Largest decline over 10 years	-34.26%	—	—
Current Drawdown Current decline from peak	-3.15%	-6.25%	+3.10%
Average Drawdown Average peak-to-trough decline	-5.09%	-12.74%	+7.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.69%	10.28%	-4.59%

Volatility

XLKS.L vs. DGIT.L - Volatility Comparison

Invesco Technology S&P US Select Sector UCITS ETF Acc (XLKS.L) has a higher volatility of 7.45% compared to iShares Digitalisation UCITS Acc (DGIT.L) at 5.82%. This indicates that XLKS.L's price experiences larger fluctuations and is considered to be riskier than DGIT.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XLKS.L	DGIT.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.45%	5.82%	+1.63%
Volatility (6M) Calculated over the trailing 6-month period	15.54%	13.85%	+1.69%
Volatility (1Y) Calculated over the trailing 1-year period	20.19%	17.29%	+2.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.80%	21.30%	+2.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.04%	20.31%	+1.73%

XLKS.L vs. DGIT.L - Expense Ratio Comparison

XLKS.L has a 0.14% expense ratio, which is lower than DGIT.L's 0.40% expense ratio.

Dividends

XLKS.L vs. DGIT.L - Dividend Comparison

Neither XLKS.L nor DGIT.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both XLKS.L and DGIT.L in my portfolio?

XLKS.L and DGIT.L have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XLKS.L or DGIT.L?

On fees, XLKS.L is cheaper at 0.14% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XLKS.L or DGIT.L?

XLKS.L is cheaper with a 0.14% expense ratio, compared with 0.40% for DGIT.L.

What is the main difference between XLKS.L and DGIT.L?

XLKS.L tracks S&P® Select Sector Capped 20% Technology Index, while DGIT.L tracks MSCI World/Information Tech NR USD. They also come from different issuers: Invesco and iShares. Their fees differ too: 0.14% for XLKS.L and 0.40% for DGIT.L.