XMWD.L vs. XLKQ.L
Compare and contrast key facts about Xtrackers MSCI World Swap UCITS ETF 1C (XMWD.L) and Invesco US Technology Sector UCITS ETF (XLKQ.L).
XMWD.L and XLKQ.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XMWD.L is a passively managed fund by Xtrackers that tracks the performance of the MSCI ACWI NR USD. It was launched on Dec 19, 2006. 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. Both XMWD.L and XLKQ.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: XMWD.L or XLKQ.L.
Key characteristics
| XMWD.L | XLKQ.L | |
|---|---|---|
| YTD Return | 17.46% | 26.70% |
| 1Y Return | 26.66% | 41.40% |
| 3Y Return (Ann) | 8.30% | 20.92% |
| 5Y Return (Ann) | 12.60% | 25.20% |
| 10Y Return (Ann) | 9.80% | 24.00% |
| Sharpe Ratio | 2.42 | 2.14 |
| Daily Std Dev | 12.35% | 20.54% |
| Max Drawdown | -57.51% | -23.83% |
| Current Drawdown | 0.00% | -7.43% |
Correlation
The correlation between XMWD.L and XLKQ.L is 0.79, 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.
Performance
XMWD.L vs. XLKQ.L - Performance Comparison
In the year-to-date period, XMWD.L achieves a 17.46% return, which is significantly lower than XLKQ.L's 26.70% return. Over the past 10 years, XMWD.L has underperformed XLKQ.L with an annualized return of 9.80%, while XLKQ.L has yielded a comparatively higher 24.00% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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XMWD.L vs. XLKQ.L - Expense Ratio Comparison
XMWD.L has a 0.45% expense ratio, which is higher than XLKQ.L's 0.14% expense ratio.
Risk-Adjusted Performance
XMWD.L vs. XLKQ.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI World Swap UCITS ETF 1C (XMWD.L) and Invesco US Technology Sector UCITS ETF (XLKQ.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
XMWD.L vs. XLKQ.L - Dividend Comparison
Neither XMWD.L nor XLKQ.L has paid dividends to shareholders.
Drawdowns
XMWD.L vs. XLKQ.L - Drawdown Comparison
The maximum XMWD.L drawdown since its inception was -57.51%, which is greater than XLKQ.L's maximum drawdown of -23.83%. Use the drawdown chart below to compare losses from any high point for XMWD.L and XLKQ.L. For additional features, visit the drawdowns tool.
Volatility
XMWD.L vs. XLKQ.L - Volatility Comparison
The current volatility for Xtrackers MSCI World Swap UCITS ETF 1C (XMWD.L) is 4.08%, while Invesco US Technology Sector UCITS ETF (XLKQ.L) has a volatility of 7.54%. This indicates that XMWD.L experiences smaller price fluctuations and is considered to be less risky than XLKQ.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.