XXTW.L vs. ESIT.L
XXTW.L (Xtrackers MSCI World Information Technology UCITS ETF) and ESIT.L (iShares MSCI Europe Information Technology Sector UCITS ETF) are both Technology Equities funds - XXTW.L tracks the MSCI World Information Technology 20/35 Custom index while ESIT.L tracks the MSCI World/Information Tech NR USD. Both are passively managed. Over the past year, XXTW.L returned 51.91% vs 65.58% for ESIT.L. A 0.71 correlation means they provide meaningful diversification when combined. XXTW.L charges 0.25%/yr vs 0.18%/yr for ESIT.L.
Performance
XXTW.L vs. ESIT.L - Performance Comparison
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Returns By Period
In the year-to-date period, XXTW.L achieves a 24.48% return, which is significantly lower than ESIT.L's 51.37% return.
XXTW.L
- 1D
- -1.87%
- 1M
- 12.87%
- YTD
- 24.48%
- 6M
- 22.47%
- 1Y
- 51.91%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ESIT.L
- 1D
- 0.18%
- 1M
- 17.85%
- YTD
- 51.37%
- 6M
- 47.72%
- 1Y
- 65.58%
- 3Y*
- 24.77%
- 5Y*
- 15.16%
- 10Y*
- —
XXTW.L vs. ESIT.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
XXTW.L Xtrackers MSCI World Information Technology UCITS ETF | 24.48% | 13.82% | 36.21% | 14.56% |
ESIT.L iShares MSCI Europe Information Technology Sector UCITS ETF | 51.37% | 14.83% | 2.77% | 14.52% |
Correlation
The correlation between XXTW.L and ESIT.L is 0.69, 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 | 0.69 |
Correlation (All Time) Calculated using the full available price history since Aug 15, 2023 | 0.71 |
The correlation between XXTW.L and ESIT.L has been stable across timeframes, ranging from 0.69 to 0.71 - a consistent structural relationship.
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Return for Risk
XXTW.L vs. ESIT.L — Risk / Return Rank
XXTW.L
ESIT.L
XXTW.L vs. ESIT.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI World Information Technology UCITS ETF (XXTW.L) and iShares MSCI Europe Information Technology Sector UCITS ETF (ESIT.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.
| XXTW.L | ESIT.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.05 | ||
| Sortino ratioReturn per unit of downside risk | -0.06 | ||
| Omega ratioGain probability vs. loss probability | 1.45 | 1.43 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 3.14 | 5.60 | -2.46 |
| Martin ratioReturn relative to average drawdown | 8.22 | 14.10 | -5.88 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| XXTW.L | ESIT.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.73 | 2.68 | +0.05 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.61 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.52 | 0.72 | +0.80 |
Drawdowns
XXTW.L vs. ESIT.L - Drawdown Comparison
The maximum XXTW.L drawdown since its inception was -28.44%, smaller than the maximum ESIT.L drawdown of -37.50%. Use the drawdown chart below to compare losses from any high point for XXTW.L and ESIT.L.
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Drawdown Indicators
| XXTW.L | ESIT.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.44% | -37.50% | +9.06% |
Max Drawdown (1Y)Largest decline over 1 year | -16.79% | -11.71% | -5.08% |
Max Drawdown (3Y)Largest decline over 3 years | — | -24.87% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -37.50% | — |
Current DrawdownCurrent decline from peak | -2.31% | -0.16% | -2.15% |
Average DrawdownAverage peak-to-trough decline | -5.02% | -11.52% | +6.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.43% | 4.66% | +1.77% |
Volatility
XXTW.L vs. ESIT.L - Volatility Comparison
The current volatility for Xtrackers MSCI World Information Technology UCITS ETF (XXTW.L) is 6.76%, while iShares MSCI Europe Information Technology Sector UCITS ETF (ESIT.L) has a volatility of 9.42%. This indicates that XXTW.L experiences smaller price fluctuations and is considered to be less risky than ESIT.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XXTW.L | ESIT.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.76% | 9.42% | -2.66% |
Volatility (6M)Calculated over the trailing 6-month period | 14.37% | 19.85% | -5.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.30% | 24.48% | -5.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.48% | 25.01% | -3.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.48% | 24.64% | -3.16% |
XXTW.L vs. ESIT.L - Expense Ratio Comparison
XXTW.L has a 0.25% expense ratio, which is higher than ESIT.L's 0.18% 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%.
Dividends
XXTW.L vs. ESIT.L - Dividend Comparison
Neither XXTW.L nor ESIT.L has paid dividends to shareholders.
Frequently Asked Questions
XXTW.L and ESIT.L have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ESIT.L is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ESIT.L is cheaper with a 0.18% expense ratio, compared with 0.25% for XXTW.L.
XXTW.L tracks MSCI World Information Technology 20/35 Custom index, while ESIT.L tracks MSCI World/Information Tech NR USD. They also come from different issuers: Xtrackers and iShares. Their fees differ too: 0.25% for XXTW.L and 0.18% for ESIT.L.
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