XSCD.L vs. ICDU.L

Last updated Jun 5, 2026

XSCD.L (Xtrackers MSCI USA Consumer Discretionary UCITS ETF 1D) and ICDU.L (iShares S&P 500 Consumer Discretionary Sector UCITS ETF USD (Acc)) are both Consumer Discretionary Equities funds - XSCD.L tracks the Cat 50%MSCI Wld/CD NR&50%MSCI Wld/CS NR while ICDU.L tracks the S&P 500 Capped 35/20 Consumer Discretionary Index. Both are passively managed. Over the past 5 years, XSCD.L returned 8.68%/yr vs 9.32%/yr for ICDU.L. A 0.64 correlation means they provide meaningful diversification when combined. XSCD.L charges 0.12%/yr vs 0.15%/yr for ICDU.L.

Performance

XSCD.L vs. ICDU.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Xtrackers MSCI USA Consumer Discretionary UCITS ETF 1D (XSCD.L) and iShares S&P 500 Consumer Discretionary Sector UCITS ETF USD (Acc) (ICDU.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XSCD.L achieves a -0.15% return, which is significantly higher than ICDU.L's -0.52% return.

XSCD.L

• 1D: 0.47%
• 1M: -0.19%
• YTD: -0.15%
• 6M: 0.19%
• 1Y: 13.60%
• 3Y*: 14.54%
• 5Y*: 8.68%
• 10Y*: —

ICDU.L

• 1D: 0.54%
• 1M: -0.10%
• YTD: -0.52%
• 6M: 0.18%
• 1Y: 13.34%
• 3Y*: 14.04%
• 5Y*: 9.32%
• 10Y*: 13.79%

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

XSCD.L vs. ICDU.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
XSCD.L Xtrackers MSCI USA Consumer Discretionary UCITS ETF 1D	-0.15%	-1.95%	35.07%	37.43%	-32.18%	23.87%	47.03%
ICDU.L iShares S&P 500 Consumer Discretionary Sector UCITS ETF USD (Acc)	-0.52%	-0.77%	33.05%	35.72%	-29.67%	25.98%	31.66%

Correlation

The correlation between XSCD.L and ICDU.L is 0.74, 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	0.74
Correlation (3Y) Calculated over the trailing 3-year period	0.76
Correlation (5Y) Calculated over the trailing 5-year period	0.71
Correlation (All Time) Calculated using the full available price history since Mar 4, 2020	0.64

The correlation between XSCD.L and ICDU.L shifts across timeframes, from 0.64 (all time) to 0.76 (3 years), reflecting how their relationship changes across market environments.

XSCD.L vs. ICDU.L - Sectors Allocation Comparison

Sectors	XSCD.L	ICDU.L
Consumer Cyclical	97.8%	97.6%
Communication Services	1.2%	1.3%
Technology	0.8%	0.8%
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Healthcare	-	-
Industrials	-	0.1%
Real Estate	-	-
Utilities	-	-

Return for Risk

XSCD.L vs. ICDU.L — Risk / Return Rank

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

XSCD.L

XSCD.L Risk / Return Rank: 30
XSCD.L Sharpe Ratio Rank: 30
XSCD.L Sortino Ratio Rank: 32
XSCD.L Omega Ratio Rank: 28
XSCD.L Calmar Ratio Rank: 33
XSCD.L Martin Ratio Rank: 28

ICDU.L

ICDU.L Risk / Return Rank: 22
ICDU.L Sharpe Ratio Rank: 23
ICDU.L Sortino Ratio Rank: 23
ICDU.L Omega Ratio Rank: 22
ICDU.L Calmar Ratio Rank: 22
ICDU.L Martin Ratio Rank: 22

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.

XSCD.L vs. ICDU.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI USA Consumer Discretionary UCITS ETF 1D (XSCD.L) and iShares S&P 500 Consumer Discretionary Sector UCITS ETF USD (Acc) (ICDU.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.

	XSCD.L	ICDU.L	Difference
Sharpe ratio: Return per unit of total volatility	1.05	0.80	+0.26
Sortino ratio: Return per unit of downside risk	1.66	1.21	+0.45
Omega ratio: Gain probability vs. loss probability	1.19	1.15	+0.04
Calmar ratio: Return relative to maximum drawdown	1.60	0.95	+0.65
Martin ratio: Return relative to average drawdown	3.86	2.61	+1.25
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XSCD.L vs. ICDU.L - Sharpe Ratio Comparison

The current XSCD.L Sharpe Ratio is 1.05, which is higher than the ICDU.L Sharpe Ratio of 0.80. The chart below compares the historical Sharpe Ratios of XSCD.L and ICDU.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

	XSCD.L	ICDU.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.05	0.80	+0.26
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.49	0.44	+0.04
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.68	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.78	0.66	+0.12

Drawdowns

XSCD.L vs. ICDU.L - Drawdown Comparison

The maximum XSCD.L drawdown since its inception was -34.70%, roughly equal to the maximum ICDU.L drawdown of -33.84%. Use the drawdown chart below to compare losses from any high point for XSCD.L and ICDU.L.

Drawdown Indicators

	XSCD.L	ICDU.L	Difference
Max Drawdown Largest peak-to-trough decline	-34.70%	-33.84%	-0.86%
Max Drawdown (1Y) Largest decline over 1 year	-13.94%	-14.03%	+0.09%
Max Drawdown (3Y) Largest decline over 3 years	-28.07%	-27.64%	-0.43%
Max Drawdown (5Y) Largest decline over 5 years	-34.70%	-33.84%	-0.86%
Max Drawdown (10Y) Largest decline over 10 years	—	-33.84%	—
Current Drawdown Current decline from peak	-5.97%	-5.81%	-0.16%
Average Drawdown Average peak-to-trough decline	-11.89%	-7.67%	-4.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.30%	5.10%	+7.20%

Volatility

XSCD.L vs. ICDU.L - Volatility Comparison

Xtrackers MSCI USA Consumer Discretionary UCITS ETF 1D (XSCD.L) and iShares S&P 500 Consumer Discretionary Sector UCITS ETF USD (Acc) (ICDU.L) have volatilities of 5.38% and 5.13%, 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

	XSCD.L	ICDU.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.38%	5.13%	+0.25%
Volatility (6M) Calculated over the trailing 6-month period	14.78%	12.59%	+2.19%
Volatility (1Y) Calculated over the trailing 1-year period	21.17%	16.68%	+4.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.69%	21.06%	+5.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.89%	20.15%	+9.74%

XSCD.L vs. ICDU.L - Expense Ratio Comparison

XSCD.L has a 0.12% expense ratio, which is lower than ICDU.L's 0.15% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

XSCD.L vs. ICDU.L - Dividend Comparison

XSCD.L's dividend yield for the trailing twelve months is around 0.45%, while ICDU.L has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020
ICDU.L iShares S&P 500 Consumer Discretionary Sector UCITS ETF USD (Acc)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
XSCD.L Xtrackers MSCI USA Consumer Discretionary UCITS ETF 1D	0.45%	0.44%	0.40%	0.60%	0.88%	0.36%	0.58%

Frequently Asked Questions

Can I hold both XSCD.L and ICDU.L in my portfolio?

XSCD.L and ICDU.L have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XSCD.L or ICDU.L?

On fees, XSCD.L is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XSCD.L or ICDU.L?

XSCD.L is cheaper with a 0.12% expense ratio, compared with 0.15% for ICDU.L.

What is the main difference between XSCD.L and ICDU.L?

XSCD.L tracks Cat 50%MSCI Wld/CD NR&50%MSCI Wld/CS NR, while ICDU.L tracks S&P 500 Capped 35/20 Consumer Discretionary Index. They also come from different issuers: Xtrackers and iShares. Their fees differ too: 0.12% for XSCD.L and 0.15% for ICDU.L.