XS6R.L vs. UTIL.L

Last updated Jun 5, 2026

XS6R.L (Xtrackers MSCI Europe Utilities ESG Screened UCITS ETF 1C) and UTIL.L (SPDR MSCI Europe Utilities UCITS ETF) are both Utilities Equities funds tracking the MSCI World/Utilities NR USD, from Xtrackers and State Street respectively. Both are passively managed. Over the past 10 years, XS6R.L returned 11.52%/yr vs 11.76%/yr for UTIL.L. With a 0.95 correlation, they move nearly in lockstep. XS6R.L charges 0.20%/yr vs 0.18%/yr for UTIL.L.

Performance

XS6R.L vs. UTIL.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Xtrackers MSCI Europe Utilities ESG Screened UCITS ETF 1C (XS6R.L) and SPDR MSCI Europe Utilities UCITS ETF (UTIL.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

XS6R.L is traded in GBp, while UTIL.L is traded in EUR. To make them comparable, the UTIL.L values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, XS6R.L achieves a 10.83% return, which is significantly lower than UTIL.L's 12.15% return. Both investments have delivered pretty close results over the past 10 years, with XS6R.L having a 11.52% annualized return and UTIL.L not far ahead at 11.76%.

XS6R.L

• 1D: -0.33%
• 1M: -2.24%
• YTD: 10.83%
• 6M: 12.11%
• 1Y: 27.70%
• 3Y*: 16.17%
• 5Y*: 11.38%
• 10Y*: 11.52%

UTIL.L

• 1D: -0.09%
• 1M: -2.86%
• YTD: 12.15%
• 6M: 12.96%
• 1Y: 30.18%
• 3Y*: 16.76%
• 5Y*: 11.99%
• 10Y*: 11.76%

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

XS6R.L vs. UTIL.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
XS6R.L Xtrackers MSCI Europe Utilities ESG Screened UCITS ETF 1C	10.83%	38.34%	-1.20%	11.55%	-3.84%	1.17%	18.06%	22.81%	3.39%	14.10%
UTIL.L SPDR MSCI Europe Utilities UCITS ETF	12.15%	41.15%	-3.27%	10.84%	-1.95%	1.85%	18.14%	21.99%	4.37%	13.97%

Correlation

The correlation between XS6R.L and UTIL.L is 0.95, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.95
Correlation (3Y) Calculated over the trailing 3-year period	0.96
Correlation (5Y) Calculated over the trailing 5-year period	0.97
Correlation (10Y) Calculated over the trailing 10-year period	0.95
Correlation (All Time) Calculated using the full available price history since Dec 10, 2014	0.95

The correlation between XS6R.L and UTIL.L has been stable across timeframes, ranging from 0.95 to 0.97 - a consistent structural relationship.

XS6R.L vs. UTIL.L - Sectors Allocation Comparison

Sectors	XS6R.L	UTIL.L
Utilities	94.7%	95.4%
Industrials	5.3%	4.6%
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Healthcare	-	-
Real Estate	-	-
Technology	-	-

Return for Risk

XS6R.L vs. UTIL.L — Risk / Return Rank

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

XS6R.L

XS6R.L Risk / Return Rank: 54
XS6R.L Sharpe Ratio Rank: 54
XS6R.L Sortino Ratio Rank: 49
XS6R.L Omega Ratio Rank: 53
XS6R.L Calmar Ratio Rank: 62
XS6R.L Martin Ratio Rank: 54

UTIL.L

UTIL.L Risk / Return Rank: 57
UTIL.L Sharpe Ratio Rank: 53
UTIL.L Sortino Ratio Rank: 48
UTIL.L Omega Ratio Rank: 53
UTIL.L Calmar Ratio Rank: 74
UTIL.L Martin Ratio Rank: 58

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.

XS6R.L vs. UTIL.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI Europe Utilities ESG Screened UCITS ETF 1C (XS6R.L) and SPDR MSCI Europe Utilities UCITS ETF (UTIL.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.

	XS6R.L	UTIL.L	Difference
Sharpe ratio: Return per unit of total volatility	1.84	1.99	-0.15
Sortino ratio: Return per unit of downside risk	2.38	2.59	-0.20
Omega ratio: Gain probability vs. loss probability	1.32	1.35	-0.03
Calmar ratio: Return relative to maximum drawdown	3.02	3.50	-0.48
Martin ratio: Return relative to average drawdown	9.18	10.34	-1.17
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XS6R.L vs. UTIL.L - Sharpe Ratio Comparison

The current XS6R.L Sharpe Ratio is 1.84, which is comparable to the UTIL.L Sharpe Ratio of 1.99. The chart below compares the historical Sharpe Ratios of XS6R.L and UTIL.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

	XS6R.L	UTIL.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.84	1.99	-0.15
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.70	0.73	-0.03
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.68	0.66	+0.02
Sharpe Ratio (All Time) Calculated using the full available price history	0.38	0.55	-0.17

Drawdowns

XS6R.L vs. UTIL.L - Drawdown Comparison

The maximum XS6R.L drawdown since its inception was -29.46%, roughly equal to the maximum UTIL.L drawdown of -28.73%. Use the drawdown chart below to compare losses from any high point for XS6R.L and UTIL.L.

Drawdown Indicators

	XS6R.L	UTIL.L	Difference
Max Drawdown Largest peak-to-trough decline	-29.46%	-28.73%	-0.73%
Max Drawdown (1Y) Largest decline over 1 year	-9.14%	-8.58%	-0.56%
Max Drawdown (3Y) Largest decline over 3 years	-12.84%	-12.60%	-0.24%
Max Drawdown (5Y) Largest decline over 5 years	-21.38%	-19.90%	-1.48%
Max Drawdown (10Y) Largest decline over 10 years	-27.10%	-28.73%	+1.63%
Current Drawdown Current decline from peak	-6.21%	-5.73%	-0.48%
Average Drawdown Average peak-to-trough decline	-7.53%	-5.71%	-1.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.01%	2.91%	+0.10%

Volatility

XS6R.L vs. UTIL.L - Volatility Comparison

Xtrackers MSCI Europe Utilities ESG Screened UCITS ETF 1C (XS6R.L) and SPDR MSCI Europe Utilities UCITS ETF (UTIL.L) have volatilities of 5.31% and 5.55%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XS6R.L	UTIL.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.31%	5.55%	-0.24%
Volatility (6M) Calculated over the trailing 6-month period	12.87%	12.97%	-0.10%
Volatility (1Y) Calculated over the trailing 1-year period	14.96%	15.09%	-0.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.20%	16.35%	-0.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.97%	17.82%	-0.85%

XS6R.L vs. UTIL.L - Expense Ratio Comparison

XS6R.L has a 0.20% expense ratio, which is higher than UTIL.L's 0.18% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

XS6R.L vs. UTIL.L - Dividend Comparison

Neither XS6R.L nor UTIL.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both XS6R.L and UTIL.L in my portfolio?

With a correlation of 0.95, XS6R.L and UTIL.L move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, XS6R.L or UTIL.L?

On fees, UTIL.L is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XS6R.L or UTIL.L?

UTIL.L is cheaper with a 0.18% expense ratio, compared with 0.20% for XS6R.L.

What is the main difference between XS6R.L and UTIL.L?

Both ETFs track MSCI World/Utilities NR USD. They also come from different issuers: Xtrackers and State Street. Their fees differ too: 0.20% for XS6R.L and 0.18% for UTIL.L.