XSKR.L vs. GXLC.L

Last updated Apr 2, 2026

Compare and contrast key facts about Xtrackers MSCI Europe Communication Services ESG Screened UCITS ETF 1C (XSKR.L) and SPDR® S&P® U.S. Communication Services Select Sector UCITS ETF (GXLC.L).

XSKR.L and GXLC.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XSKR.L is a passively managed fund by Xtrackers that tracks the performance of the MSCI World/Comm Services NR USD. It was launched on Jun 29, 2007. GXLC.L is a passively managed fund by State Street that tracks the performance of the MSCI World/Comm Services NR USD. It was launched on Aug 15, 2018. Both XSKR.L and GXLC.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

XSKR.L vs. GXLC.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Xtrackers MSCI Europe Communication Services ESG Screened UCITS ETF 1C (XSKR.L) and SPDR® S&P® U.S. Communication Services Select Sector UCITS ETF (GXLC.L). The values are adjusted to include any dividend payments, if applicable.

XSKR.L vs. GXLC.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
XSKR.L Xtrackers MSCI Europe Communication Services ESG Screened UCITS ETF 1C	5.41%	9.54%	11.64%	14.09%	-6.11%	7.74%	-7.30%	-1.29%	0.40%
GXLC.L SPDR® S&P® U.S. Communication Services Select Sector UCITS ETF	-2.15%	19.01%	33.60%	45.06%	-29.78%	18.90%	22.83%	25.39%	-13.71%

Different Trading Currencies

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

Returns By Period

In the year-to-date period, XSKR.L achieves a 5.41% return, which is significantly higher than GXLC.L's -2.15% return.

XSKR.L

• 1D: -0.05%
• 1M: -4.89%
• YTD: 5.41%
• 6M: -2.95%
• 1Y: 1.98%
• 3Y*: 8.26%
• 5Y*: 6.92%
• 10Y*: 2.89%

GXLC.L

• 1D: 1.72%
• 1M: -3.63%
• YTD: -2.15%
• 6M: 1.83%
• 1Y: 22.26%
• 3Y*: 23.78%
• 5Y*: 11.36%
• 10Y*: —

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

XSKR.L vs. GXLC.L - Expense Ratio Comparison

XSKR.L has a 0.20% expense ratio, which is higher than GXLC.L's 0.15% 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%.

XSKR.L

Xtrackers MSCI Europe Communication Services ESG Screened UCITS ETF 1C

GXLC.L

SPDR® S&P® U.S. Communication Services Select Sector UCITS ETF

Return for Risk

XSKR.L vs. GXLC.L — Risk / Return Rank

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

XSKR.L

XSKR.L Risk / Return Rank: 14
XSKR.L Sharpe Ratio Rank: 14
XSKR.L Sortino Ratio Rank: 14
XSKR.L Omega Ratio Rank: 13
XSKR.L Calmar Ratio Rank: 15
XSKR.L Martin Ratio Rank: 14

GXLC.L

GXLC.L Risk / Return Rank: 75
GXLC.L Sharpe Ratio Rank: 73
GXLC.L Sortino Ratio Rank: 75
GXLC.L Omega Ratio Rank: 65
GXLC.L Calmar Ratio Rank: 82
GXLC.L Martin Ratio Rank: 80

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.

XSKR.L vs. GXLC.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI Europe Communication Services ESG Screened UCITS ETF 1C (XSKR.L) and SPDR® S&P® U.S. Communication Services Select Sector UCITS ETF (GXLC.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.

	XSKR.L	GXLC.L	Difference
Sharpe ratio Return per unit of total volatility	0.13	1.36	-1.23
Sortino ratio Return per unit of downside risk	0.29	2.01	-1.72
Omega ratio Gain probability vs. loss probability	1.04	1.25	-0.22
Calmar ratio Return relative to maximum drawdown	0.17	2.59	-2.42
Martin ratio Return relative to average drawdown	0.38	9.60	-9.22
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XSKR.L vs. GXLC.L - Sharpe Ratio Comparison

The current XSKR.L Sharpe Ratio is 0.13, which is lower than the GXLC.L Sharpe Ratio of 1.36. The chart below compares the historical Sharpe Ratios of XSKR.L and GXLC.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	XSKR.L	GXLC.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.13	1.36	-1.23
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.52	0.63	-0.11
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.18	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.34	0.67	-0.33

Correlation

The correlation between XSKR.L and GXLC.L is 0.40, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

XSKR.L vs. GXLC.L - Dividend Comparison

Neither XSKR.L nor GXLC.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

XSKR.L vs. GXLC.L - Drawdown Comparison

The maximum XSKR.L drawdown since its inception was -36.21%, roughly equal to the maximum GXLC.L drawdown of -35.84%. Use the drawdown chart below to compare losses from any high point for XSKR.L and GXLC.L.

Drawdown Indicators

	XSKR.L	GXLC.L	Difference
Max Drawdown Largest peak-to-trough decline	-36.21%	-35.84%	-0.37%
Max Drawdown (1Y) Largest decline over 1 year	-14.35%	-8.66%	-5.69%
Max Drawdown (5Y) Largest decline over 5 years	-17.88%	-35.84%	+17.96%
Max Drawdown (10Y) Largest decline over 10 years	-36.21%	—	—
Current Drawdown Current decline from peak	-7.17%	-5.05%	-2.12%
Average Drawdown Average peak-to-trough decline	-9.35%	-7.85%	-1.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.36%	2.33%	+4.03%

Volatility

XSKR.L vs. GXLC.L - Volatility Comparison

Xtrackers MSCI Europe Communication Services ESG Screened UCITS ETF 1C (XSKR.L) has a higher volatility of 6.01% compared to SPDR® S&P® U.S. Communication Services Select Sector UCITS ETF (GXLC.L) at 4.56%. This indicates that XSKR.L's price experiences larger fluctuations and is considered to be riskier than GXLC.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XSKR.L	GXLC.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.01%	4.56%	+1.45%
Volatility (6M) Calculated over the trailing 6-month period	10.33%	9.67%	+0.66%
Volatility (1Y) Calculated over the trailing 1-year period	15.09%	16.33%	-1.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.35%	18.03%	-4.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.68%	19.13%	-3.45%