XSFN.L vs. WFIN.L

Last updated Jul 16, 2026

XSFN.L (Xtrackers MSCI USA Financials UCITS ETF 1D) and WFIN.L (State Street SPDR MSCI World Financials UCITS ETF USD Acc) are both Financials Equities funds - XSFN.L tracks the MSCI World/Financials NR USD while WFIN.L tracks the State Street SPDR MSCI World Financials UCITS ETF USD Acc. Both are passively managed. Over the past 5 years, XSFN.L returned 11.77%/yr vs 15.27%/yr for WFIN.L. Their correlation of 0.88 suggests significant overlap in exposure. XSFN.L charges 0.12%/yr vs 0.30%/yr for WFIN.L.

Performance

XSFN.L vs. WFIN.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Xtrackers MSCI USA Financials UCITS ETF 1D (XSFN.L) and State Street SPDR MSCI World Financials UCITS ETF USD Acc (WFIN.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

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

Returns By Period

In the year-to-date period, XSFN.L achieves a 3.10% return, which is significantly lower than WFIN.L's 8.76% return.

XSFN.L

• 1D: -0.15%
• 1M: 5.48%
• 6M: 5.21%
• YTD: 3.10%
• 1Y: 9.60%
• 3Y*: 19.53%
• 5Y*: 11.77%
• 10Y*: —

WFIN.L

• 1D: 0.00%
• 1M: 5.02%
• 6M: 9.23%
• YTD: 8.76%
• 1Y: 20.40%
• 3Y*: 23.63%
• 5Y*: 15.27%
• 10Y*: 13.14%

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

XSFN.L vs. WFIN.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
XSFN.L Xtrackers MSCI USA Financials UCITS ETF 1D	3.10%	7.83%	33.18%	8.53%	-2.16%	38.75%	-6.87%	27.92%	-6.44%
WFIN.L State Street SPDR MSCI World Financials UCITS ETF USD Acc	8.76%	19.97%	29.04%	10.39%	0.87%	29.59%	-5.81%	20.19%	-8.41%

Correlation

The correlation between XSFN.L and WFIN.L is 0.85, 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	0.85
Correlation (3Y) Calculated over the trailing 3-year period	0.85
Correlation (5Y) Calculated over the trailing 5-year period	0.88
Correlation (All Time) Calculated using the full available price history since Apr 23, 2018	0.88

The correlation between XSFN.L and WFIN.L has been stable across timeframes, ranging from 0.85 to 0.88 - a consistent structural relationship.

Return for Risk

XSFN.L vs. WFIN.L — Risk / Return Rank

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

XSFN.L

XSFN.L Risk / Return Rank: 20
XSFN.L Sharpe Ratio Rank: 22
XSFN.L Sortino Ratio Rank: 21
XSFN.L Omega Ratio Rank: 21
XSFN.L Calmar Ratio Rank: 20
XSFN.L Martin Ratio Rank: 18

WFIN.L

WFIN.L Risk / Return Rank: 52
WFIN.L Sharpe Ratio Rank: 54
WFIN.L Sortino Ratio Rank: 58
WFIN.L Omega Ratio Rank: 50
WFIN.L Calmar Ratio Rank: 48
WFIN.L Martin Ratio Rank: 49

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.

XSFN.L vs. WFIN.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI USA Financials UCITS ETF 1D (XSFN.L) and State Street SPDR MSCI World Financials UCITS ETF USD Acc (WFIN.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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	XSFN.L	WFIN.L	Difference
Sharpe ratio: Return per unit of total volatility	0.66	1.49	-0.83
Sortino ratio: Return per unit of downside risk	1.01	2.14	-1.13
Omega ratio: Gain probability vs. loss probability	1.12	1.26	-0.14
Calmar ratio: Return relative to maximum drawdown	0.71	2.15	-1.43
Martin ratio: Return relative to average drawdown	1.64	6.83	-5.19

XSFN.L vs. WFIN.L - Sharpe Ratio Comparison

The current XSFN.L Sharpe Ratio is 0.66, which is lower than the WFIN.L Sharpe Ratio of 1.49. The chart below compares the historical Sharpe Ratios of XSFN.L and WFIN.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.

Drawdowns

XSFN.L vs. WFIN.L - Drawdown Comparison

The maximum XSFN.L drawdown since its inception was -36.54%, smaller than the maximum WFIN.L drawdown of -61.54%. Use the drawdown chart below to compare losses from any high point for XSFN.L and WFIN.L.

Drawdown Indicators

	XSFN.L	WFIN.L	Difference
Max Drawdown Largest peak-to-trough decline	-36.54%	-61.54%	+25.00%
Max Drawdown (1Y) Largest decline over 1 year	-13.39%	-9.90%	-3.49%
Max Drawdown (3Y) Largest decline over 3 years	-19.67%	-16.14%	-3.53%
Max Drawdown (5Y) Largest decline over 5 years	-19.67%	-16.17%	-3.50%
Max Drawdown (10Y) Largest decline over 10 years	—	-35.39%	—
Current Drawdown Current decline from peak	-0.15%	-0.58%	+0.43%
Average Drawdown Average peak-to-trough decline	-6.76%	-10.55%	+3.79%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.83%	3.12%	+2.71%

Volatility

XSFN.L vs. WFIN.L - Volatility Comparison

Xtrackers MSCI USA Financials UCITS ETF 1D (XSFN.L) and State Street SPDR MSCI World Financials UCITS ETF USD Acc (WFIN.L) have volatilities of 3.81% and 3.67%, 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

	XSFN.L	WFIN.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.81%	3.67%	+0.14%
Volatility (6M) Calculated over the trailing 6-month period	10.86%	11.66%	-0.80%
Volatility (1Y) Calculated over the trailing 1-year period	14.57%	14.30%	+0.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.78%	16.58%	+1.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.60%	18.14%	+2.46%

XSFN.L vs. WFIN.L - Expense Ratio Comparison

XSFN.L has a 0.12% expense ratio, which is lower than WFIN.L's 0.30% expense ratio.

Dividends

XSFN.L vs. WFIN.L - Dividend Comparison

XSFN.L's dividend yield for the trailing twelve months is around 1.07%, while WFIN.L has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
WFIN.L State Street SPDR MSCI World Financials UCITS ETF USD Acc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
XSFN.L Xtrackers MSCI USA Financials UCITS ETF 1D	1.07%	1.14%	1.10%	1.67%	2.55%	1.31%	1.32%	3.53%

Frequently Asked Questions

Can I hold both XSFN.L and WFIN.L in my portfolio?

XSFN.L and WFIN.L have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XSFN.L or WFIN.L?

On fees, XSFN.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, XSFN.L or WFIN.L?

XSFN.L is cheaper with a 0.12% expense ratio, compared with 0.30% for WFIN.L.

What is the main difference between XSFN.L and WFIN.L?

XSFN.L tracks MSCI World/Financials NR USD, while WFIN.L tracks State Street SPDR MSCI World Financials UCITS ETF USD Acc. They also come from different issuers: Xtrackers and State Street. Their fees differ too: 0.12% for XSFN.L and 0.30% for WFIN.L.