XNGS.L vs. XGES.L

Last updated Jun 5, 2026

XNGS.L (Xtrackers MSCI Next Generation Internet Innovation UCITS ETF 1C) and XGES.L (Xtrackers MSCI Genomic Healthcare Innovation UCITS ETF 1C) are both exchange-traded funds - XNGS.L is a Technology Equities fund tracking the MSCI World/Information Tech NR USD, while XGES.L is a Health & Biotech Equities fund tracking the MSCI World/Health Care NR USD. Both are passively managed. Over the past 3 years, XNGS.L returned 27.39%/yr vs 1.51%/yr for XGES.L. At a 0.49 correlation, their price movements are largely independent. Both charge a 0.35% expense ratio.

Performance

XNGS.L vs. XGES.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Xtrackers MSCI Next Generation Internet Innovation UCITS ETF 1C (XNGS.L) and Xtrackers MSCI Genomic Healthcare Innovation UCITS ETF 1C (XGES.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XNGS.L achieves a 17.59% return, which is significantly higher than XGES.L's -0.81% return.

XNGS.L

• 1D: -0.89%
• 1M: 12.71%
• YTD: 17.59%
• 6M: 15.55%
• 1Y: 34.17%
• 3Y*: 27.39%
• 5Y*: —
• 10Y*: —

XGES.L

• 1D: 4.22%
• 1M: 6.75%
• YTD: -0.81%
• 6M: -4.42%
• 1Y: 26.00%
• 3Y*: 1.51%
• 5Y*: —
• 10Y*: —

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

XNGS.L vs. XGES.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%
XGES.L Xtrackers MSCI Genomic Healthcare Innovation UCITS ETF 1C	-0.81%	11.22%	-1.38%	-7.92%	-8.46%

Correlation

The correlation between XNGS.L and XGES.L is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.32
Correlation (3Y) Calculated over the trailing 3-year period	0.41
Correlation (All Time) Calculated using the full available price history since Jul 21, 2022	0.49

The correlation between XNGS.L and XGES.L shifts across timeframes, from 0.32 (1 year) to 0.49 (all time), reflecting how their relationship changes across market environments.

Return for Risk

XNGS.L vs. XGES.L — Risk / Return Rank

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

XNGS.L

XNGS.L Risk / Return Rank: 48
XNGS.L Sharpe Ratio Rank: 60
XNGS.L Sortino Ratio Rank: 57
XNGS.L Omega Ratio Rank: 57
XNGS.L Calmar Ratio Rank: 35
XNGS.L Martin Ratio Rank: 30

XGES.L

XGES.L Risk / Return Rank: 37
XGES.L Sharpe Ratio Rank: 42
XGES.L Sortino Ratio Rank: 43
XGES.L Omega Ratio Rank: 38
XGES.L Calmar Ratio Rank: 35
XGES.L Martin Ratio Rank: 29

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.

XNGS.L vs. XGES.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 Xtrackers MSCI Genomic Healthcare Innovation UCITS ETF 1C (XGES.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	XGES.L	Difference
Sharpe ratio: Return per unit of total volatility	2.00	1.45	+0.55
Sortino ratio: Return per unit of downside risk	2.71	2.15	+0.55
Omega ratio: Gain probability vs. loss probability	1.35	1.25	+0.10
Calmar ratio: Return relative to maximum drawdown	1.69	1.69	-0.01
Martin ratio: Return relative to average drawdown	4.24	4.09	+0.14
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XNGS.L vs. XGES.L - Sharpe Ratio Comparison

The current XNGS.L Sharpe Ratio is 2.00, which is higher than the XGES.L Sharpe Ratio of 1.45. The chart below compares the historical Sharpe Ratios of XNGS.L and XGES.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

	XNGS.L	XGES.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.00	1.45	+0.55
Sharpe Ratio (All Time) Calculated using the full available price history	1.24	-0.12	+1.36

Drawdowns

XNGS.L vs. XGES.L - Drawdown Comparison

The maximum XNGS.L drawdown since its inception was -24.85%, smaller than the maximum XGES.L drawdown of -35.79%. Use the drawdown chart below to compare losses from any high point for XNGS.L and XGES.L.

Drawdown Indicators

	XNGS.L	XGES.L	Difference
Max Drawdown Largest peak-to-trough decline	-24.85%	-35.79%	+10.94%
Max Drawdown (1Y) Largest decline over 1 year	-20.19%	-15.29%	-4.90%
Max Drawdown (3Y) Largest decline over 3 years	-24.85%	-25.52%	+0.67%
Current Drawdown Current decline from peak	-1.31%	-12.59%	+11.28%
Average Drawdown Average peak-to-trough decline	-5.28%	-17.98%	+12.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.05%	6.34%	+1.71%

Volatility

XNGS.L vs. XGES.L - Volatility Comparison

The current volatility for Xtrackers MSCI Next Generation Internet Innovation UCITS ETF 1C (XNGS.L) is 5.17%, while Xtrackers MSCI Genomic Healthcare Innovation UCITS ETF 1C (XGES.L) has a volatility of 6.45%. This indicates that XNGS.L experiences smaller price fluctuations and is considered to be less risky than XGES.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XNGS.L	XGES.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.17%	6.45%	-1.28%
Volatility (6M) Calculated over the trailing 6-month period	12.50%	13.62%	-1.12%
Volatility (1Y) Calculated over the trailing 1-year period	16.97%	17.84%	-0.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.86%	18.27%	+1.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.86%	18.27%	+1.59%

XNGS.L vs. XGES.L - Expense Ratio Comparison

Both XNGS.L and XGES.L have an expense ratio of 0.35%.

Dividends

XNGS.L vs. XGES.L - Dividend Comparison

Neither XNGS.L nor XGES.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both XNGS.L and XGES.L in my portfolio?

XNGS.L and XGES.L have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XNGS.L or XGES.L?

Both ETFs have the same 0.35% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XNGS.L or XGES.L?

XNGS.L and XGES.L have the same expense ratio: 0.35% per year.

What is the main difference between XNGS.L and XGES.L?

XNGS.L is categorized as Technology Equities, while XGES.L is Health & Biotech Equities. XNGS.L tracks MSCI World/Information Tech NR USD, while XGES.L tracks MSCI World/Health Care NR USD.