XSCS.L vs. SXLP.L

Last updated Jun 5, 2026

XSCS.L (Xtrackers MSCI USA Consumer Staples UCITS ETF 1D) and SXLP.L (SPDR S&P US Consumer Staples Select Sector UCITS ETF) are both Consumer Staples Equities funds tracking the Cat 50%MSCI Wld/CD NR&50%MSCI Wld/CS NR, from Xtrackers and State Street respectively. Both are passively managed. Over the past 5 years, XSCS.L returned 8.04%/yr vs 6.90%/yr for SXLP.L. Their correlation of 0.93 suggests significant overlap in exposure. XSCS.L charges 0.12%/yr vs 0.15%/yr for SXLP.L.

Performance

XSCS.L vs. SXLP.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Xtrackers MSCI USA Consumer Staples UCITS ETF 1D (XSCS.L) and SPDR S&P US Consumer Staples Select Sector UCITS ETF (SXLP.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

XSCS.L is traded in GBp, while SXLP.L is traded in USD. To make them comparable, the SXLP.L values have been converted to GBp using the latest available exchange rates.

Returns By Period

The year-to-date returns for both stocks are quite close, with XSCS.L having a 7.09% return and SXLP.L slightly lower at 6.85%.

XSCS.L

• 1D: 0.17%
• 1M: -1.75%
• YTD: 7.09%
• 6M: 6.80%
• 1Y: 3.86%
• 3Y*: 5.68%
• 5Y*: 8.04%
• 10Y*: —

SXLP.L

• 1D: 0.16%
• 1M: -1.81%
• YTD: 6.85%
• 6M: 6.25%
• 1Y: 3.26%
• 3Y*: 4.55%
• 5Y*: 6.90%
• 10Y*: 7.88%

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

XSCS.L vs. SXLP.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
XSCS.L Xtrackers MSCI USA Consumer Staples UCITS ETF 1D	7.09%	-3.23%	16.15%	-5.00%	11.79%	19.16%	5.49%	22.78%	11.73%
SXLP.L SPDR S&P US Consumer Staples Select Sector UCITS ETF	6.85%	-4.35%	15.08%	-6.61%	11.66%	17.95%	5.55%	22.14%	12.18%

Correlation

The correlation between XSCS.L and SXLP.L is 0.95 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.95
Correlation (3Y) Calculated over the trailing 3-year period	0.94
Correlation (5Y) Calculated over the trailing 5-year period	0.93
Correlation (All Time) Calculated using the full available price history since Apr 24, 2018	0.93

The correlation between XSCS.L and SXLP.L has been stable across timeframes, ranging from 0.93 to 0.95 - a consistent structural relationship.

XSCS.L vs. SXLP.L - Sectors Allocation Comparison

Sectors	XSCS.L	SXLP.L
Consumer Defensive	99.0%	99.0%
Consumer Cyclical	1.0%	1.0%
Basic Materials	-	-
Communication Services	-	-
Energy	-	-
Financial Services	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Technology	-	-
Utilities	-	-

Return for Risk

XSCS.L vs. SXLP.L — Risk / Return Rank

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

XSCS.L

XSCS.L Risk / Return Rank: 13
XSCS.L Sharpe Ratio Rank: 13
XSCS.L Sortino Ratio Rank: 13
XSCS.L Omega Ratio Rank: 12
XSCS.L Calmar Ratio Rank: 14
XSCS.L Martin Ratio Rank: 14

SXLP.L

SXLP.L Risk / Return Rank: 11
SXLP.L Sharpe Ratio Rank: 12
SXLP.L Sortino Ratio Rank: 11
SXLP.L Omega Ratio Rank: 11
SXLP.L Calmar Ratio Rank: 12
SXLP.L Martin Ratio Rank: 12

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.

XSCS.L vs. SXLP.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI USA Consumer Staples UCITS ETF 1D (XSCS.L) and SPDR S&P US Consumer Staples Select Sector UCITS ETF (SXLP.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.

	XSCS.L	SXLP.L	Difference
Sharpe ratio: Return per unit of total volatility	0.27	0.22	+0.05
Sortino ratio: Return per unit of downside risk	0.50	0.42	+0.08
Omega ratio: Gain probability vs. loss probability	1.05	1.05	+0.01
Calmar ratio: Return relative to maximum drawdown	0.42	0.36	+0.06
Martin ratio: Return relative to average drawdown	1.02	0.85	+0.17
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XSCS.L vs. SXLP.L - Sharpe Ratio Comparison

The current XSCS.L Sharpe Ratio is 0.27, which is comparable to the SXLP.L Sharpe Ratio of 0.22. The chart below compares the historical Sharpe Ratios of XSCS.L and SXLP.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

	XSCS.L	SXLP.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.27	0.22	+0.05
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.60	0.49	+0.11
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.52	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.71	0.58	+0.13

Drawdowns

XSCS.L vs. SXLP.L - Drawdown Comparison

The maximum XSCS.L drawdown since its inception was -14.91%, smaller than the maximum SXLP.L drawdown of -18.30%. Use the drawdown chart below to compare losses from any high point for XSCS.L and SXLP.L.

Drawdown Indicators

	XSCS.L	SXLP.L	Difference
Max Drawdown Largest peak-to-trough decline	-14.91%	-18.30%	+3.39%
Max Drawdown (1Y) Largest decline over 1 year	-9.11%	-9.04%	-0.07%
Max Drawdown (3Y) Largest decline over 3 years	-11.68%	-11.43%	-0.25%
Max Drawdown (5Y) Largest decline over 5 years	-12.94%	-15.24%	+2.30%
Max Drawdown (10Y) Largest decline over 10 years	—	-18.30%	—
Current Drawdown Current decline from peak	-7.09%	-7.11%	+0.02%
Average Drawdown Average peak-to-trough decline	-4.12%	-4.80%	+0.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.78%	3.82%	-0.04%

Volatility

XSCS.L vs. SXLP.L - Volatility Comparison

Xtrackers MSCI USA Consumer Staples UCITS ETF 1D (XSCS.L) and SPDR S&P US Consumer Staples Select Sector UCITS ETF (SXLP.L) have volatilities of 6.46% and 6.25%, 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

	XSCS.L	SXLP.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.46%	6.25%	+0.21%
Volatility (6M) Calculated over the trailing 6-month period	11.77%	12.15%	-0.38%
Volatility (1Y) Calculated over the trailing 1-year period	14.24%	14.62%	-0.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.38%	13.93%	-0.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.40%	15.07%	-0.67%

XSCS.L vs. SXLP.L - Expense Ratio Comparison

XSCS.L has a 0.12% expense ratio, which is lower than SXLP.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

XSCS.L vs. SXLP.L - Dividend Comparison

XSCS.L's dividend yield for the trailing twelve months is around 1.95%, while SXLP.L has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
SXLP.L SPDR S&P US Consumer Staples Select Sector UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
XSCS.L Xtrackers MSCI USA Consumer Staples UCITS ETF 1D	1.95%	2.11%	2.15%	2.20%	2.96%	1.95%	2.99%	2.41%

Frequently Asked Questions

Can I hold both XSCS.L and SXLP.L in my portfolio?

With a correlation of 0.95, XSCS.L and SXLP.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, XSCS.L or SXLP.L?

On fees, XSCS.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, XSCS.L or SXLP.L?

XSCS.L is cheaper with a 0.12% expense ratio, compared with 0.15% for SXLP.L.

What is the main difference between XSCS.L and SXLP.L?

Both ETFs track Cat 50%MSCI Wld/CD NR&50%MSCI Wld/CS NR. They also come from different issuers: Xtrackers and State Street. Their fees differ too: 0.12% for XSCS.L and 0.15% for SXLP.L.