XUFB.L vs. XNNS.L

Last updated Jun 5, 2026

XUFB.L (Xtrackers MSCI USA Banks UCITS ETF 1D) and XNNS.L (Xtrackers MSCI Innovation UCITS ETF 1C) are both exchange-traded funds - XUFB.L is a Financials Equities fund tracking the MSCI World/Financials NR USD, while XNNS.L is a Technology Equities fund tracking the MSCI World/Information Tech NR USD. Both are passively managed. At a 0.46 correlation, their price movements are largely independent. XUFB.L charges 0.12%/yr vs 0.35%/yr for XNNS.L.

Performance

XUFB.L vs. XNNS.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Xtrackers MSCI USA Banks UCITS ETF 1D (XUFB.L) and Xtrackers MSCI Innovation UCITS ETF 1C (XNNS.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

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

Returns By Period

XUFB.L

• 1D: 4.38%
• 1M: 2.37%
• YTD: -0.52%
• 6M: 2.50%
• 1Y: 27.56%
• 3Y*: 27.41%
• 5Y*: 10.89%
• 10Y*: —

XNNS.L

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XUFB.L vs. XNNS.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
XUFB.L Xtrackers MSCI USA Banks UCITS ETF 1D	-0.52%	23.40%	40.02%	5.21%	0.38%
XNNS.L Xtrackers MSCI Innovation UCITS ETF 1C	-7.92%	6.27%	24.09%	26.71%	-12.09%

Correlation

The correlation between XUFB.L and XNNS.L is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.41
Correlation (3Y) Calculated over the trailing 3-year period	0.44
Correlation (All Time) Calculated using the full available price history since Jul 21, 2022	0.46

Return for Risk

XUFB.L vs. XNNS.L — Risk / Return Rank

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

XUFB.L

XUFB.L Risk / Return Rank: 37
XUFB.L Sharpe Ratio Rank: 38
XUFB.L Sortino Ratio Rank: 37
XUFB.L Omega Ratio Rank: 36
XUFB.L Calmar Ratio Rank: 39
XUFB.L Martin Ratio Rank: 34

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.

XUFB.L vs. XNNS.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI USA Banks UCITS ETF 1D (XUFB.L) and Xtrackers MSCI Innovation UCITS ETF 1C (XNNS.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.

	XUFB.L	XNNS.L	Difference
Sharpe ratio: Return per unit of total volatility	1.36	—	—
Sortino ratio: Return per unit of downside risk	1.89	—	—
Omega ratio: Gain probability vs. loss probability	1.24	—	—
Calmar ratio: Return relative to maximum drawdown	1.92	—	—
Martin ratio: Return relative to average drawdown	5.08	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	XUFB.L	XNNS.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.36	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.45	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.44	—	—

Drawdowns

Drawdown Indicators

	XUFB.L	XNNS.L	Difference
Max Drawdown Largest peak-to-trough decline	-41.84%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-14.33%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-27.91%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-34.18%	—	—
Current Drawdown Current decline from peak	-3.68%	—	—
Average Drawdown Average peak-to-trough decline	-12.33%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	5.41%	—	—

Volatility

Volatility by Period

	XUFB.L	XNNS.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.55%	—	—
Volatility (6M) Calculated over the trailing 6-month period	15.77%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	20.12%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.14%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.85%	—	—

XUFB.L vs. XNNS.L - Expense Ratio Comparison

XUFB.L has a 0.12% expense ratio, which is lower than XNNS.L's 0.35% expense ratio.

Dividends

XUFB.L vs. XNNS.L - Dividend Comparison

XUFB.L's dividend yield for the trailing twelve months is around 1.76%, while XNNS.L has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021
XNNS.L Xtrackers MSCI Innovation UCITS ETF 1C	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
XUFB.L Xtrackers MSCI USA Banks UCITS ETF 1D	1.76%	1.71%	1.92%	2.54%	3.43%	1.76%

Frequently Asked Questions

Can I hold both XUFB.L and XNNS.L in my portfolio?

XUFB.L and XNNS.L have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XUFB.L or XNNS.L?

On fees, XUFB.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, XUFB.L or XNNS.L?

XUFB.L is cheaper with a 0.12% expense ratio, compared with 0.35% for XNNS.L.

What is the main difference between XUFB.L and XNNS.L?

XUFB.L is categorized as Financials Equities, while XNNS.L is Technology Equities. XUFB.L tracks MSCI World/Financials NR USD, while XNNS.L tracks MSCI World/Information Tech NR USD. Their fees differ too: 0.12% for XUFB.L and 0.35% for XNNS.L.