XSXG.L vs. IUCM.L
XSXG.L (Xtrackers S&P 500 Swap UCITS ETF 1D) and IUCM.L (iShares S&P 500 Communication Sector UCITS ETF USD Acc) are both exchange-traded funds - XSXG.L is a S&P 500 fund tracking the S&P 500 Index, while IUCM.L is a Communications Equities fund tracking the MSCI World/Comm Services NR USD. Both are passively managed. Over the past 3 years, XSXG.L returned 19.21%/yr vs 23.90%/yr for IUCM.L. A 0.69 correlation means they provide meaningful diversification when combined. XSXG.L charges 0.07%/yr vs 0.15%/yr for IUCM.L.
Performance
XSXG.L vs. IUCM.L - Performance Comparison
Loading charts...
Different Trading Currencies
XSXG.L is traded in GBP, while IUCM.L is traded in USD. To make them comparable, the IUCM.L values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, XSXG.L achieves a 10.62% return, which is significantly higher than IUCM.L's 2.02% return.
XSXG.L
- 1D
- 0.00%
- 1M
- 5.53%
- YTD
- 10.62%
- 6M
- 10.52%
- 1Y
- 29.28%
- 3Y*
- 19.21%
- 5Y*
- —
- 10Y*
- —
IUCM.L
- 1D
- 1.51%
- 1M
- -1.92%
- YTD
- 2.02%
- 6M
- 0.82%
- 1Y
- 22.04%
- 3Y*
- 23.90%
- 5Y*
- 12.59%
- 10Y*
- —
XSXG.L vs. IUCM.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
XSXG.L Xtrackers S&P 500 Swap UCITS ETF 1D | 10.62% | 9.55% | 27.53% | 20.03% | 2.67% |
IUCM.L iShares S&P 500 Communication Sector UCITS ETF USD Acc | 2.02% | 17.47% | 41.41% | 47.96% | -12.73% |
Correlation
The correlation between XSXG.L and IUCM.L is 0.53, 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 | 0.53 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.67 |
Correlation (All Time) Calculated using the full available price history since Jun 16, 2022 | 0.69 |
The correlation between XSXG.L and IUCM.L shifts across timeframes, from 0.53 (1 year) to 0.69 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
XSXG.L vs. IUCM.L — Risk / Return Rank
XSXG.L
IUCM.L
XSXG.L vs. IUCM.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers S&P 500 Swap UCITS ETF 1D (XSXG.L) and iShares S&P 500 Communication Sector UCITS ETF USD Acc (IUCM.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.
| XSXG.L | IUCM.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.25 | ||
| Sortino ratioReturn per unit of downside risk | +1.45 | ||
| Omega ratioGain probability vs. loss probability | 1.52 | 1.25 | +0.26 |
| Calmar ratioReturn relative to maximum drawdown | 4.01 | 2.67 | +1.33 |
| Martin ratioReturn relative to average drawdown | 14.45 | 8.83 | +5.62 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| XSXG.L | IUCM.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.77 | 1.52 | +1.25 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.65 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.27 | 0.71 | +0.55 |
Drawdowns
XSXG.L vs. IUCM.L - Drawdown Comparison
The maximum XSXG.L drawdown since its inception was -21.10%, smaller than the maximum IUCM.L drawdown of -38.32%. Use the drawdown chart below to compare losses from any high point for XSXG.L and IUCM.L.
Loading charts...
Drawdown Indicators
| XSXG.L | IUCM.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.10% | -38.32% | +17.22% |
Max Drawdown (1Y)Largest decline over 1 year | -7.27% | -8.21% | +0.94% |
Max Drawdown (3Y)Largest decline over 3 years | -21.10% | -20.74% | -0.36% |
Max Drawdown (5Y)Largest decline over 5 years | — | -38.32% | — |
Current DrawdownCurrent decline from peak | -0.22% | -4.39% | +4.17% |
Average DrawdownAverage peak-to-trough decline | -3.44% | -8.23% | +4.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.02% | 2.49% | -0.47% |
Volatility
XSXG.L vs. IUCM.L - Volatility Comparison
The current volatility for Xtrackers S&P 500 Swap UCITS ETF 1D (XSXG.L) is 2.62%, while iShares S&P 500 Communication Sector UCITS ETF USD Acc (IUCM.L) has a volatility of 4.59%. This indicates that XSXG.L experiences smaller price fluctuations and is considered to be less risky than IUCM.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XSXG.L | IUCM.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.62% | 4.59% | -1.97% |
Volatility (6M)Calculated over the trailing 6-month period | 7.18% | 10.51% | -3.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.52% | 14.43% | -3.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.91% | 19.49% | -5.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.91% | 20.24% | -6.33% |
XSXG.L vs. IUCM.L - Expense Ratio Comparison
XSXG.L has a 0.07% expense ratio, which is lower than IUCM.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
XSXG.L vs. IUCM.L - Dividend Comparison
XSXG.L's dividend yield for the trailing twelve months is around 0.82%, while IUCM.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
IUCM.L iShares S&P 500 Communication Sector UCITS ETF USD Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XSXG.L Xtrackers S&P 500 Swap UCITS ETF 1D | 0.82% | 0.92% | 1.11% | 1.30% | 0.38% |
Frequently Asked Questions
XSXG.L and IUCM.L have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XSXG.L is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XSXG.L is cheaper with a 0.07% expense ratio, compared with 0.15% for IUCM.L.
XSXG.L is categorized as S&P 500, while IUCM.L is Communications Equities. XSXG.L tracks S&P 500 Index, while IUCM.L tracks MSCI World/Comm Services NR USD. They also come from different issuers: Xtrackers and iShares. Their fees differ too: 0.07% for XSXG.L and 0.15% for IUCM.L.
Find the right allocation for XSXG.L and IUCM.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer