XSKR.L vs. XLCS.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 Invesco Communications S&P US Select Sector UCITS ETF Acc (XLCS.L).

XSKR.L and XLCS.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. XLCS.L is a passively managed fund by Invesco that tracks the performance of the S&P® Select Sector Capped 20% Communications Services Index. It was launched on Sep 17, 2018. Both XSKR.L and XLCS.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. XLCS.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 Invesco Communications S&P US Select Sector UCITS ETF Acc (XLCS.L). The values are adjusted to include any dividend payments, if applicable.

XSKR.L vs. XLCS.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%	4.83%
XLCS.L Invesco Communications S&P US Select Sector UCITS ETF Acc	-1.55%	10.64%	40.10%	43.27%	-32.02%	14.85%	17.89%	19.97%	-2.53%

Different Trading Currencies

XSKR.L is traded in GBp, while XLCS.L is traded in USD. To make them comparable, the XLCS.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 XLCS.L's -1.17% 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%

XLCS.L

• 1D: 1.54%
• 1M: -3.03%
• YTD: -1.17%
• 6M: -1.70%
• 1Y: 13.08%
• 3Y*: 23.77%
• 5Y*: 9.83%
• 10Y*: —

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

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

XSKR.L has a 0.20% expense ratio, which is higher than XLCS.L's 0.14% 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

XLCS.L

Invesco Communications S&P US Select Sector UCITS ETF Acc

Return for Risk

XSKR.L vs. XLCS.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

XLCS.L

XLCS.L Risk / Return Rank: 49
XLCS.L Sharpe Ratio Rank: 50
XLCS.L Sortino Ratio Rank: 53
XLCS.L Omega Ratio Rank: 46
XLCS.L Calmar Ratio Rank: 58
XLCS.L Martin Ratio Rank: 39

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. XLCS.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 Invesco Communications S&P US Select Sector UCITS ETF Acc (XLCS.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	XLCS.L	Difference
Sharpe ratio Return per unit of total volatility	0.13	0.80	-0.67
Sortino ratio Return per unit of downside risk	0.29	1.21	-0.92
Omega ratio Gain probability vs. loss probability	1.04	1.15	-0.11
Calmar ratio Return relative to maximum drawdown	0.17	1.71	-1.54
Martin ratio Return relative to average drawdown	0.38	4.23	-3.85
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. XLCS.L - Sharpe Ratio Comparison

The current XSKR.L Sharpe Ratio is 0.13, which is lower than the XLCS.L Sharpe Ratio of 0.80. The chart below compares the historical Sharpe Ratios of XSKR.L and XLCS.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	XLCS.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.13	0.80	-0.67
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.52	0.54	-0.03
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	0.69	-0.35

Correlation

The correlation between XSKR.L and XLCS.L is 0.34, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

XSKR.L vs. XLCS.L - Dividend Comparison

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

Tickers have no history of dividend payments

Drawdowns

XSKR.L vs. XLCS.L - Drawdown Comparison

The maximum XSKR.L drawdown since its inception was -36.21%, smaller than the maximum XLCS.L drawdown of -38.82%. Use the drawdown chart below to compare losses from any high point for XSKR.L and XLCS.L.

Drawdown Indicators

	XSKR.L	XLCS.L	Difference
Max Drawdown Largest peak-to-trough decline	-36.21%	-47.62%	+11.41%
Max Drawdown (1Y) Largest decline over 1 year	-14.35%	-10.09%	-4.26%
Max Drawdown (5Y) Largest decline over 5 years	-17.88%	-47.62%	+29.74%
Max Drawdown (10Y) Largest decline over 10 years	-36.21%	—	—
Current Drawdown Current decline from peak	-7.17%	-6.58%	-0.59%
Average Drawdown Average peak-to-trough decline	-9.35%	-10.65%	+1.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.36%	3.79%	+2.57%

Volatility

XSKR.L vs. XLCS.L - Volatility Comparison

Xtrackers MSCI Europe Communication Services ESG Screened UCITS ETF 1C (XSKR.L) has a higher volatility of 6.01% compared to Invesco Communications S&P US Select Sector UCITS ETF Acc (XLCS.L) at 5.01%. This indicates that XSKR.L's price experiences larger fluctuations and is considered to be riskier than XLCS.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XSKR.L	XLCS.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.01%	5.01%	+1.00%
Volatility (6M) Calculated over the trailing 6-month period	10.33%	9.96%	+0.37%
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%	19.50%	-6.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.68%	20.44%	-4.76%