XWFS.L vs. BNKS.L
XWFS.L (Xtrackers MSCI World Financials UCITS ETF 1C) and BNKS.L (iShares S&P U.S. Banks) are both Financials Equities funds tracking the MSCI World/Financials NR USD, from Xtrackers and iShares respectively. Both are passively managed. Over the past 3 years, XWFS.L returned 20.16%/yr vs 21.47%/yr for BNKS.L. A 0.74 correlation means they provide meaningful diversification when combined. XWFS.L charges 0.25%/yr vs 0.35%/yr for BNKS.L.
Performance
XWFS.L vs. BNKS.L - Performance Comparison
Loading charts...
Different Trading Currencies
XWFS.L is traded in GBP, while BNKS.L is traded in USD. To make them comparable, the BNKS.L values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, XWFS.L achieves a -1.42% return, which is significantly lower than BNKS.L's 0.49% return.
XWFS.L
- 1D
- -0.98%
- 1M
- -0.19%
- YTD
- -1.42%
- 6M
- 2.61%
- 1Y
- 13.19%
- 3Y*
- 20.16%
- 5Y*
- —
- 10Y*
- —
BNKS.L
- 1D
- -1.07%
- 1M
- -2.34%
- YTD
- 0.49%
- 6M
- 4.85%
- 1Y
- 24.14%
- 3Y*
- 21.47%
- 5Y*
- 5.16%
- 10Y*
- —
XWFS.L vs. BNKS.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
XWFS.L Xtrackers MSCI World Financials UCITS ETF 1C | -1.42% | 20.20% | 29.08% | 10.02% | -0.66% |
BNKS.L iShares S&P U.S. Banks | 0.49% | 11.87% | 30.79% | -8.55% | -11.54% |
Correlation
The correlation between XWFS.L and BNKS.L is 0.75, 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 | 0.75 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.68 |
Correlation (All Time) Calculated using the full available price history since Mar 25, 2022 | 0.74 |
The correlation between XWFS.L and BNKS.L has been stable across timeframes, ranging from 0.68 to 0.75 - a consistent structural relationship.
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
XWFS.L vs. BNKS.L — Risk / Return Rank
XWFS.L
BNKS.L
XWFS.L vs. BNKS.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI World Financials UCITS ETF 1C (XWFS.L) and iShares S&P U.S. Banks (BNKS.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.
| XWFS.L | BNKS.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.11 | ||
| Sortino ratioReturn per unit of downside risk | -0.10 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.21 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 1.36 | 1.53 | -0.17 |
| Martin ratioReturn relative to average drawdown | 4.37 | 4.50 | -0.14 |
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
| XWFS.L | BNKS.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.06 | 1.17 | -0.11 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.19 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.82 | 0.19 | +0.63 |
Drawdowns
XWFS.L vs. BNKS.L - Drawdown Comparison
The maximum XWFS.L drawdown since its inception was -16.47%, smaller than the maximum BNKS.L drawdown of -45.87%. Use the drawdown chart below to compare losses from any high point for XWFS.L and BNKS.L.
Loading charts...
Drawdown Indicators
| XWFS.L | BNKS.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.47% | -45.87% | +29.40% |
Max Drawdown (1Y)Largest decline over 1 year | -9.64% | -15.69% | +6.05% |
Max Drawdown (3Y)Largest decline over 3 years | -16.47% | -29.89% | +13.42% |
Max Drawdown (5Y)Largest decline over 5 years | — | -45.87% | — |
Current DrawdownCurrent decline from peak | -2.91% | -7.44% | +4.53% |
Average DrawdownAverage peak-to-trough decline | -4.11% | -15.29% | +11.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.01% | 5.35% | -2.34% |
Volatility
XWFS.L vs. BNKS.L - Volatility Comparison
The current volatility for Xtrackers MSCI World Financials UCITS ETF 1C (XWFS.L) is 2.90%, while iShares S&P U.S. Banks (BNKS.L) has a volatility of 4.93%. This indicates that XWFS.L experiences smaller price fluctuations and is considered to be less risky than BNKS.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XWFS.L | BNKS.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.90% | 4.93% | -2.03% |
Volatility (6M)Calculated over the trailing 6-month period | 9.62% | 15.45% | -5.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.43% | 20.71% | -8.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.02% | 26.92% | -10.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.02% | 30.63% | -14.61% |
XWFS.L vs. BNKS.L - Expense Ratio Comparison
XWFS.L has a 0.25% expense ratio, which is lower than BNKS.L's 0.35% expense ratio.
Dividends
XWFS.L vs. BNKS.L - Dividend Comparison
Neither XWFS.L nor BNKS.L has paid dividends to shareholders.
Frequently Asked Questions
XWFS.L and BNKS.L have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XWFS.L is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XWFS.L is cheaper with a 0.25% expense ratio, compared with 0.35% for BNKS.L.
Both ETFs track MSCI World/Financials NR USD. They also come from different issuers: Xtrackers and iShares. Their fees differ too: 0.25% for XWFS.L and 0.35% for BNKS.L.
Find the right allocation for XWFS.L and BNKS.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