XS8R.L vs. SMGB.L

Last updated Jun 5, 2026

XS8R.L (Xtrackers MSCI Europe Information Technology ESG Screened UCITS ETF 1C) and SMGB.L (VanEck Semiconductor UCITS ETF) are both exchange-traded funds - XS8R.L is a Technology Equities fund tracking the MSCI World/Information Tech NR USD, while SMGB.L is a Semiconductors fund tracking the MSCI World/Information Tech NR USD. Both are passively managed. Over the past 5 years, XS8R.L returned -0.59%/yr vs 38.39%/yr for SMGB.L. A 0.69 correlation means they provide meaningful diversification when combined. XS8R.L charges 0.20%/yr vs 0.35%/yr for SMGB.L.

Performance

XS8R.L vs. SMGB.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Xtrackers MSCI Europe Information Technology ESG Screened UCITS ETF 1C (XS8R.L) and VanEck Semiconductor UCITS ETF (SMGB.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

XS8R.L is traded in GBp, while SMGB.L is traded in GBP. To make them comparable, the SMGB.L values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, XS8R.L achieves a -4.42% return, which is significantly lower than SMGB.L's 85.49% return.

XS8R.L

• 1D: 0.01%
• 1M: 8.23%
• YTD: -4.42%
• 6M: -5.56%
• 1Y: -13.03%
• 3Y*: -2.67%
• 5Y*: -0.59%
• 10Y*: 9.06%

SMGB.L

• 1D: -2.49%
• 1M: 17.92%
• YTD: 85.49%
• 6M: 82.97%
• 1Y: 170.23%
• 3Y*: 57.16%
• 5Y*: 38.39%
• 10Y*: —

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

XS8R.L vs. SMGB.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
XS8R.L Xtrackers MSCI Europe Information Technology ESG Screened UCITS ETF 1C	-4.42%	-7.24%	-4.36%	34.53%	-24.37%	25.82%	4.47%
SMGB.L VanEck Semiconductor UCITS ETF	85.49%	38.79%	26.31%	66.17%	-27.49%	44.41%	2.28%

Correlation

The correlation between XS8R.L and SMGB.L is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.39
Correlation (3Y) Calculated over the trailing 3-year period	0.60
Correlation (5Y) Calculated over the trailing 5-year period	0.68
Correlation (All Time) Calculated using the full available price history since Dec 4, 2020	0.69

Over the past year, the correlation between XS8R.L and SMGB.L has dropped to 0.39 - well below their long-term average of 0.69, suggesting their price drivers have been diverging.

XS8R.L vs. SMGB.L - Sectors Allocation Comparison

Sectors	XS8R.L	SMGB.L
Technology	100.0%	100.0%
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

XS8R.L vs. SMGB.L — Risk / Return Rank

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

XS8R.L

XS8R.L Risk / Return Rank: 5
XS8R.L Sharpe Ratio Rank: 4
XS8R.L Sortino Ratio Rank: 4
XS8R.L Omega Ratio Rank: 4
XS8R.L Calmar Ratio Rank: 6
XS8R.L Martin Ratio Rank: 5

SMGB.L

SMGB.L Risk / Return Rank: 97
SMGB.L Sharpe Ratio Rank: 98
SMGB.L Sortino Ratio Rank: 96
SMGB.L Omega Ratio Rank: 95
SMGB.L Calmar Ratio Rank: 98
SMGB.L Martin Ratio Rank: 97

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.

XS8R.L vs. SMGB.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI Europe Information Technology ESG Screened UCITS ETF 1C (XS8R.L) and VanEck Semiconductor UCITS ETF (SMGB.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.

	XS8R.L	SMGB.L	Difference
Sharpe ratio: Return per unit of total volatility	-0.55	5.58	-6.13
Sortino ratio: Return per unit of downside risk	-0.63	5.70	-6.32
Omega ratio: Gain probability vs. loss probability	0.92	1.74	-0.81
Calmar ratio: Return relative to maximum drawdown	-0.39	14.46	-14.86
Martin ratio: Return relative to average drawdown	-0.79	50.72	-51.51
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XS8R.L vs. SMGB.L - Sharpe Ratio Comparison

The current XS8R.L Sharpe Ratio is -0.55, which is lower than the SMGB.L Sharpe Ratio of 5.58. The chart below compares the historical Sharpe Ratios of XS8R.L and SMGB.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

	XS8R.L	SMGB.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.55	5.58	-6.13
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.02	1.26	-1.28
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.40	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.36	1.25	-0.88

Drawdowns

XS8R.L vs. SMGB.L - Drawdown Comparison

The maximum XS8R.L drawdown since its inception was -40.78%, which is greater than SMGB.L's maximum drawdown of -36.24%. Use the drawdown chart below to compare losses from any high point for XS8R.L and SMGB.L.

Drawdown Indicators

	XS8R.L	SMGB.L	Difference
Max Drawdown Largest peak-to-trough decline	-40.78%	-36.24%	-4.54%
Max Drawdown (1Y) Largest decline over 1 year	-32.08%	-11.94%	-20.14%
Max Drawdown (3Y) Largest decline over 3 years	-40.78%	-36.24%	-4.54%
Max Drawdown (5Y) Largest decline over 5 years	-40.78%	-36.24%	-4.54%
Max Drawdown (10Y) Largest decline over 10 years	-40.78%	—	—
Current Drawdown Current decline from peak	-25.99%	-2.49%	-23.50%
Average Drawdown Average peak-to-trough decline	-9.74%	-9.75%	+0.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.00%	3.41%	+12.59%

Volatility

XS8R.L vs. SMGB.L - Volatility Comparison

The current volatility for Xtrackers MSCI Europe Information Technology ESG Screened UCITS ETF 1C (XS8R.L) is 7.29%, while VanEck Semiconductor UCITS ETF (SMGB.L) has a volatility of 12.41%. This indicates that XS8R.L experiences smaller price fluctuations and is considered to be less risky than SMGB.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XS8R.L	SMGB.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.29%	12.41%	-5.12%
Volatility (6M) Calculated over the trailing 6-month period	19.47%	23.93%	-4.46%
Volatility (1Y) Calculated over the trailing 1-year period	22.76%	30.96%	-8.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.99%	30.45%	-6.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.71%	30.19%	-7.48%

XS8R.L vs. SMGB.L - Expense Ratio Comparison

XS8R.L has a 0.20% expense ratio, which is lower than SMGB.L's 0.35% expense ratio.

Dividends

XS8R.L vs. SMGB.L - Dividend Comparison

Neither XS8R.L nor SMGB.L has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022
SMGB.L VanEck Semiconductor UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.44%
XS8R.L Xtrackers MSCI Europe Information Technology ESG Screened UCITS ETF 1C	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both XS8R.L and SMGB.L in my portfolio?

XS8R.L and SMGB.L have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XS8R.L or SMGB.L?

On fees, XS8R.L is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XS8R.L or SMGB.L?

XS8R.L is cheaper with a 0.20% expense ratio, compared with 0.35% for SMGB.L.

What is the main difference between XS8R.L and SMGB.L?

XS8R.L is categorized as Technology Equities, while SMGB.L is Semiconductors. Both ETFs track MSCI World/Information Tech NR USD. They also come from different issuers: Xtrackers and VanEck. Their fees differ too: 0.20% for XS8R.L and 0.35% for SMGB.L.