XUCM.L vs. TELE.L

Last updated Apr 2, 2026

Compare and contrast key facts about Xtrackers MSCI USA Communication Services UCITS ETF 1D (XUCM.L) and SPDR MSCI Europe Communication Services UCITS ETF (TELE.L).

XUCM.L and TELE.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XUCM.L is a passively managed fund by Xtrackers that tracks the performance of the MSCI World/Comm Services NR USD. It was launched on Jan 21, 2021. TELE.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 Dec 5, 2014. Both XUCM.L and TELE.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

XUCM.L vs. TELE.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers MSCI USA Communication Services UCITS ETF 1D (XUCM.L) and SPDR MSCI Europe Communication Services UCITS ETF (TELE.L). The values are adjusted to include any dividend payments, if applicable.

XUCM.L vs. TELE.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
XUCM.L Xtrackers MSCI USA Communication Services UCITS ETF 1D	-3.83%	24.58%	37.72%	55.75%	-41.71%	17.15%
TELE.L SPDR MSCI Europe Communication Services UCITS ETF	2.52%	20.54%	9.17%	18.61%	-16.52%	4.64%

Different Trading Currencies

XUCM.L is traded in USD, while TELE.L is traded in EUR. To make them comparable, the TELE.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, XUCM.L achieves a -3.83% return, which is significantly lower than TELE.L's 2.52% return.

XUCM.L

• 1D: 2.37%
• 1M: -4.28%
• YTD: -3.83%
• 6M: -1.13%
• 1Y: 25.03%
• 3Y*: 28.50%
• 5Y*: 10.29%
• 10Y*: —

TELE.L

• 1D: 0.51%
• 1M: -4.55%
• YTD: 2.52%
• 6M: -4.29%
• 1Y: 8.04%
• 3Y*: 10.89%
• 5Y*: 5.67%
• 10Y*: —

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

XUCM.L vs. TELE.L - Expense Ratio Comparison

XUCM.L has a 0.12% expense ratio, which is lower than TELE.L's 0.18% 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%.

TELE.L

SPDR MSCI Europe Communication Services UCITS ETF

XUCM.L

Xtrackers MSCI USA Communication Services UCITS ETF 1D

Return for Risk

XUCM.L vs. TELE.L — Risk / Return Rank

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

XUCM.L

XUCM.L Risk / Return Rank: 76
XUCM.L Sharpe Ratio Rank: 76
XUCM.L Sortino Ratio Rank: 80
XUCM.L Omega Ratio Rank: 69
XUCM.L Calmar Ratio Rank: 79
XUCM.L Martin Ratio Rank: 75

TELE.L

TELE.L Risk / Return Rank: 12
TELE.L Sharpe Ratio Rank: 13
TELE.L Sortino Ratio Rank: 12
TELE.L Omega Ratio Rank: 12
TELE.L Calmar Ratio Rank: 11
TELE.L Martin Ratio Rank: 11

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.

XUCM.L vs. TELE.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI USA Communication Services UCITS ETF 1D (XUCM.L) and SPDR MSCI Europe Communication Services UCITS ETF (TELE.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.

	XUCM.L	TELE.L	Difference
Sharpe ratio Return per unit of total volatility	1.46	0.42	+1.04
Sortino ratio Return per unit of downside risk	2.18	0.69	+1.49
Omega ratio Gain probability vs. loss probability	1.27	1.10	+0.17
Calmar ratio Return relative to maximum drawdown	2.45	0.40	+2.05
Martin ratio Return relative to average drawdown	8.85	0.81	+8.04
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XUCM.L vs. TELE.L - Sharpe Ratio Comparison

The current XUCM.L Sharpe Ratio is 1.46, which is higher than the TELE.L Sharpe Ratio of 0.42. The chart below compares the historical Sharpe Ratios of XUCM.L and TELE.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

	XUCM.L	TELE.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.46	0.42	+1.04
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.50	0.42	+0.09
Sharpe Ratio (All Time) Calculated using the full available price history	0.56	0.21	+0.35

Correlation

The correlation between XUCM.L and TELE.L is 0.33, 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

XUCM.L vs. TELE.L - Dividend Comparison

XUCM.L's dividend yield for the trailing twelve months is around 0.74%, while TELE.L has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022
XUCM.L Xtrackers MSCI USA Communication Services UCITS ETF 1D	0.74%	0.72%	0.63%	0.58%	0.53%
TELE.L SPDR MSCI Europe Communication Services UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

XUCM.L vs. TELE.L - Drawdown Comparison

The maximum XUCM.L drawdown since its inception was -48.70%, which is greater than TELE.L's maximum drawdown of -41.26%. Use the drawdown chart below to compare losses from any high point for XUCM.L and TELE.L.

Drawdown Indicators

	XUCM.L	TELE.L	Difference
Max Drawdown Largest peak-to-trough decline	-48.70%	-35.72%	-12.98%
Max Drawdown (1Y) Largest decline over 1 year	-10.21%	-14.98%	+4.77%
Max Drawdown (5Y) Largest decline over 5 years	-48.70%	-19.73%	-28.97%
Current Drawdown Current decline from peak	-6.32%	-8.06%	+1.74%
Average Drawdown Average peak-to-trough decline	-14.15%	-11.66%	-2.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.77%	7.49%	-4.72%

Volatility

XUCM.L vs. TELE.L - Volatility Comparison

Xtrackers MSCI USA Communication Services UCITS ETF 1D (XUCM.L) and SPDR MSCI Europe Communication Services UCITS ETF (TELE.L) have volatilities of 5.45% and 5.28%, 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

	XUCM.L	TELE.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.45%	5.28%	+0.17%
Volatility (6M) Calculated over the trailing 6-month period	9.95%	10.50%	-0.55%
Volatility (1Y) Calculated over the trailing 1-year period	17.20%	19.58%	-2.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.46%	19.83%	+0.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.40%	21.68%	-1.28%