- Issuer
- Legal & General
- Inception Date
- May 26, 2021
- Category
- Technology Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- Legal & General UCITS ETF PLC - L&G Digital Payments UCITS ETF
- Distribution Policy
- Accumulating
- Asset Class
- Equity
Share Price Chart
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Performance
DPAY.L Performance Chart
L&G Digital Payments UCITS ETF (DPAY.L) is up 2.5% since the beginning of the year. DPAY.L is currently trading at $8 per share. Investors who bought $1,000 worth of DPAY.L shares 5 years ago would now be looking at an investment worth $746.
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Returns By Period
L&G Digital Payments UCITS ETF (DPAY.L) has returned 2.53% so far this year and -5.75% over the past 12 months.
L&G Digital Payments UCITS ETF
- 1D
- 2.94%
- 1M
- 10.78%
- 6M
- 4.05%
- YTD
- 2.53%
- 1Y
- -5.75%
- 3Y*
- 3.47%
- 5Y*
- -5.68%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- 0.38%
- 1M
- 0.24%
- 6M
- 9.32%
- YTD
- 10.62%
- 1Y
- 21.28%
- 3Y*
- 18.90%
- 5Y*
- 11.84%
- 10Y*
- 13.36%
DPAY.L Monthly Returns History
Based on dividend-adjusted daily data since May 26, 2021, DPAY.L's average daily return is -0.01%, while the average monthly return is -0.21%.
Historically, 49% of months were positive and 51% were negative. The best month was Nov 2023 with a return of +17.2%, while the worst month was Nov 2021 at -13.7%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 6 months.
On a daily basis, DPAY.L closed higher 49% of trading days. The best single day was Nov 10, 2022 with a return of +6.7%, while the worst single day was Jan 24, 2022 at -6.8%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -4.39% | -4.31% | -8.87% | 11.00% | 0.14% | 3.30% | 7.08% | 2.53% | |||||
| 2025 | 4.33% | -9.72% | -7.61% | 2.56% | 7.06% | 8.93% | -4.75% | 6.36% | -4.10% | -5.01% | -3.47% | 0.27% | -7.05% |
| 2024 | -4.09% | 4.12% | 5.37% | -8.45% | -0.73% | 0.44% | 4.55% | 2.25% | 1.10% | 2.72% | 11.64% | -4.15% | 14.10% |
| 2023 | 14.68% | -4.17% | 0.62% | -0.62% | -2.95% | 6.24% | 6.78% | -7.90% | -7.50% | -10.99% | 17.18% | 12.54% | 20.99% |
| 2022 | -9.73% | -4.16% | -0.00% | -9.62% | -4.50% | -11.46% | 9.93% | -3.55% | -5.18% | 4.94% | 1.68% | -3.14% | -31.30% |
| 2021 | 1.18% | 2.73% | -1.14% | 1.15% | -4.84% | -2.89% | -13.66% | 1.43% | -15.88% |
Benchmark Metrics
L&G Digital Payments UCITS ETF has an annualized alpha of -11.56%, beta of 0.73, and R2 of 0.23 versus S&P 500 Index. Calculated based on daily prices since May 26, 2021.
- This ETF participated in 145.81% of S&P 500 Index downside but only 76.36% of its upside - more exposed to losses than it benefited from rallies.
- R2 of 0.23 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- -11.56%
- Beta
- 0.73
- R²
- 0.23
- Upside Capture
- 76.36%
- Downside Capture
- 145.81%
Expense Ratio
DPAY.L has an expense ratio of 0.49%, placing it in the medium range.
Return for Risk
Risk / Return Rank
DPAY.L ranks 7 for risk / return — in the bottom 7% of ETFs on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for L&G Digital Payments UCITS ETF (DPAY.L) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| DPAY.L | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.95 | ||
| Sortino ratioReturn per unit of downside risk | -2.52 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 1.31 | -0.33 |
| Calmar ratioReturn relative to maximum drawdown | -0.21 | 2.35 | -2.56 |
| Martin ratioReturn relative to average drawdown | -0.38 | 10.19 | -10.57 |
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the L&G Digital Payments UCITS ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the L&G Digital Payments UCITS ETF was 50.59%, occurring on Oct 30, 2023. The portfolio has not yet recovered.
The current L&G Digital Payments UCITS ETF drawdown is 28.35%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-50.59%Oct 2023 | 2y 4mo | — | 5y 19dJun 2021 - now | — |
-0.57%Jun 2021 | 1d | 1d | 2dJun 2021 - Jun 2021 | — |
-0.39%Jun 2021 | 1d | 4d | 5dJun 2021 - Jun 2021 | — |
-0.38%Jun 2021 | 0s | 3d | 3dJun 2021 - Jun 2021 | — |
-0.19%Jun 2021 | 0s | 1d | 1dJun 2021 - Jun 2021 | — |
Drawdown Indicators
| DPAY.L | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.59% | -56.78% | +6.19% |
Max Drawdown (1Y)Largest decline over 1 year | -27.54% | -9.10% | -18.44% |
Max Drawdown (3Y)Largest decline over 3 years | -27.54% | -18.90% | -8.64% |
Max Drawdown (5Y)Largest decline over 5 years | -50.27% | -25.43% | -24.84% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -28.35% | -0.49% | -27.86% |
Average DrawdownAverage peak-to-trough decline | -31.89% | -10.70% | -21.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.23% | 2.09% | +13.14% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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