XNGS.L vs. ESIT.L
XNGS.L (Xtrackers MSCI Next Generation Internet Innovation UCITS ETF 1C) and ESIT.L (iShares MSCI Europe Information Technology Sector UCITS ETF) are both Technology Equities funds tracking the MSCI World/Information Tech NR USD, from DWS and iShares respectively. Both are passively managed. Over the past 3 years, XNGS.L returned 27.39%/yr vs 24.77%/yr for ESIT.L. A 0.73 correlation means they provide meaningful diversification when combined. XNGS.L charges 0.35%/yr vs 0.18%/yr for ESIT.L.
Performance
XNGS.L vs. ESIT.L - Performance Comparison
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Returns By Period
In the year-to-date period, XNGS.L achieves a 17.59% return, which is significantly lower than ESIT.L's 51.37% return.
XNGS.L
- 1D
- -0.89%
- 1M
- 12.71%
- YTD
- 17.59%
- 6M
- 15.55%
- 1Y
- 34.17%
- 3Y*
- 27.39%
- 5Y*
- —
- 10Y*
- —
ESIT.L
- 1D
- 0.18%
- 1M
- 20.73%
- YTD
- 51.37%
- 6M
- 48.42%
- 1Y
- 65.95%
- 3Y*
- 24.77%
- 5Y*
- 15.16%
- 10Y*
- —
XNGS.L vs. ESIT.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
XNGS.L Xtrackers MSCI Next Generation Internet Innovation UCITS ETF 1C | 17.59% | 11.63% | 38.09% | 48.85% | -12.98% |
ESIT.L iShares MSCI Europe Information Technology Sector UCITS ETF | 51.37% | 14.83% | 2.77% | 32.26% | 2.36% |
Correlation
The correlation between XNGS.L and ESIT.L is 0.67, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.67 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.70 |
Correlation (All Time) Calculated using the full available price history since Jul 21, 2022 | 0.73 |
The correlation between XNGS.L and ESIT.L has been stable across timeframes, ranging from 0.67 to 0.73 - a consistent structural relationship.
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Return for Risk
XNGS.L vs. ESIT.L — Risk / Return Rank
XNGS.L
ESIT.L
XNGS.L vs. ESIT.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI Next Generation Internet Innovation UCITS ETF 1C (XNGS.L) and iShares MSCI Europe Information Technology Sector UCITS ETF (ESIT.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.
| XNGS.L | ESIT.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.68 | ||
| Sortino ratioReturn per unit of downside risk | -0.86 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.43 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 1.69 | 5.60 | -3.92 |
| Martin ratioReturn relative to average drawdown | 4.24 | 14.10 | -9.87 |
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
| XNGS.L | ESIT.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.00 | 2.68 | -0.68 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.61 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.24 | 0.72 | +0.52 |
Drawdowns
XNGS.L vs. ESIT.L - Drawdown Comparison
The maximum XNGS.L drawdown since its inception was -24.85%, smaller than the maximum ESIT.L drawdown of -37.50%. Use the drawdown chart below to compare losses from any high point for XNGS.L and ESIT.L.
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Drawdown Indicators
| XNGS.L | ESIT.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.85% | -37.50% | +12.65% |
Max Drawdown (1Y)Largest decline over 1 year | -20.19% | -11.71% | -8.48% |
Max Drawdown (3Y)Largest decline over 3 years | -24.85% | -24.87% | +0.02% |
Max Drawdown (5Y)Largest decline over 5 years | — | -37.50% | — |
Current DrawdownCurrent decline from peak | -1.31% | -0.16% | -1.15% |
Average DrawdownAverage peak-to-trough decline | -5.28% | -11.52% | +6.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.05% | 4.66% | +3.39% |
Volatility
XNGS.L vs. ESIT.L - Volatility Comparison
The current volatility for Xtrackers MSCI Next Generation Internet Innovation UCITS ETF 1C (XNGS.L) is 5.17%, while iShares MSCI Europe Information Technology Sector UCITS ETF (ESIT.L) has a volatility of 9.42%. This indicates that XNGS.L experiences smaller price fluctuations and is considered to be less risky than ESIT.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XNGS.L | ESIT.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.17% | 9.42% | -4.25% |
Volatility (6M)Calculated over the trailing 6-month period | 12.50% | 19.85% | -7.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.97% | 24.48% | -7.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.86% | 25.01% | -5.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.86% | 24.64% | -4.78% |
XNGS.L vs. ESIT.L - Expense Ratio Comparison
XNGS.L has a 0.35% expense ratio, which is higher than ESIT.L's 0.18% expense ratio.
Dividends
XNGS.L vs. ESIT.L - Dividend Comparison
Neither XNGS.L nor ESIT.L has paid dividends to shareholders.
Frequently Asked Questions
XNGS.L and ESIT.L have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ESIT.L is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ESIT.L is cheaper with a 0.18% expense ratio, compared with 0.35% for XNGS.L.
Both ETFs track MSCI World/Information Tech NR USD. They also come from different issuers: DWS and iShares. Their fees differ too: 0.35% for XNGS.L and 0.18% for ESIT.L.
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