- Issuer
- L&G
- Inception Date
- Jul 20, 2021
- Category
- Global Bonds
- Leveraged
- 1x (No leverage)
- Index Tracked
- L&G China CNY Bond UCITS ETF
- Distribution Policy
- Distributing
- Asset Class
- Bond
Share Price Chart
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Performance
DRGG.L Performance Chart
L&G China CNY Bond UCITS ETF (DRGG.L) is up 3.2% since the beginning of the year. DRGG.L is currently trading at £8 per share. Investors who bought £1,000 worth of DRGG.L shares 5 years ago would now be looking at an investment worth £1,140.
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Returns By Period
L&G China CNY Bond UCITS ETF (DRGG.L) has returned 3.22% so far this year and 6.08% over the past 12 months.
L&G China CNY Bond UCITS ETF
- 1D
- -0.64%
- 1M
- -0.78%
- 6M
- 2.97%
- YTD
- 3.22%
- 1Y
- 6.08%
- 3Y*
- 3.64%
- 5Y*
- 2.65%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.66%
- 1M
- -0.64%
- 6M
- 8.66%
- YTD
- 10.17%
- 1Y
- 19.99%
- 3Y*
- 17.60%
- 5Y*
- 12.23%
- 10Y*
- 13.06%
DRGG.L Monthly Returns History
Based on dividend-adjusted daily data since Dec 4, 2020, DRGG.L's average daily return is -0.01%, while the average monthly return is -0.15%.
Historically, 51% of months were positive and 49% were negative. The best month was Nov 2021 with a return of +4.8%, while the worst month was Dec 2020 at -25.9%. The longest winning streak lasted 4 consecutive months, and the longest losing streak was 5 months.
On a daily basis, DRGG.L closed higher 48% of trading days. The best single day was Sep 23, 2022 with a return of +2.2%, while the worst single day was Dec 9, 2020 at -25.4%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -2.01% | 3.52% | 1.62% | -1.53% | 2.39% | 0.96% | -1.63% | 3.22% | |||||
| 2025 | 1.29% | -1.80% | -2.33% | -2.62% | -0.10% | -0.83% | 2.94% | -1.15% | 0.63% | 2.90% | -0.31% | -0.18% | -1.73% |
| 2024 | -0.03% | 0.94% | -0.32% | 1.06% | -1.22% | 1.08% | -0.35% | -0.59% | -0.64% | 2.83% | 0.19% | 1.82% | 4.79% |
| 2023 | 0.13% | -0.99% | -0.61% | -1.85% | -0.74% | -4.17% | 0.64% | 0.20% | 3.22% | 0.35% | -1.50% | 0.37% | -5.00% |
| 2022 | 1.13% | 0.68% | 1.61% | 0.53% | -0.58% | 3.33% | -0.28% | 3.09% | 0.74% | -4.91% | -1.33% | 2.04% | 5.94% |
| 2021 | 1.15% | -2.19% | 0.31% | 1.60% | -0.78% | 1.66% | -0.20% | 1.83% | 2.37% | -1.05% | 4.77% | -1.08% | 8.52% |
Benchmark Metrics
L&G China CNY Bond UCITS ETF has an annualized alpha of -2.47%, beta of 0.10, and R2 of 0.01 versus S&P 500 Index. Calculated based on daily prices since December 04, 2020.
- This ETF participated in 40.18% of S&P 500 Index downside but only 8.42% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.10 may look defensive, but with R2 of 0.01 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
- R2 of 0.01 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
- -2.47%
- Beta
- 0.10
- R²
- 0.01
- Upside Capture
- 8.42%
- Downside Capture
- 40.18%
Expense Ratio
DRGG.L has an expense ratio of 0.30%, placing it in the medium range.
Return for Risk
Risk / Return Rank
DRGG.L ranks 37 for risk / return — below 37% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for L&G China CNY Bond UCITS ETF (DRGG.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.
| DRGG.L | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.63 | ||
| Sortino ratioReturn per unit of downside risk | -0.64 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.31 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 1.78 | 2.50 | -0.72 |
| Martin ratioReturn relative to average drawdown | 5.39 | 9.11 | -3.71 |
Dividends
Dividend History
L&G China CNY Bond UCITS ETF provided a 0.87% dividend yield over the last twelve months, with an annual payout of £0.07 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Dividend | £0.07 | £0.15 | £0.18 | £0.19 | £0.21 | £0.11 |
Dividend yield | 0.87% | 2.04% | 2.27% | 2.48% | 2.61% | 1.40% |
Monthly Dividends
The table displays the monthly dividend distributions for L&G China CNY Bond UCITS ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | |||||
| 2025 | £0.09 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.07 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.15 |
| 2024 | £0.09 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.08 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.18 |
| 2023 | £0.10 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.09 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.19 |
| 2022 | £0.11 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.11 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.21 |
| 2021 | £0.11 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.11 |
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 China CNY Bond 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 China CNY Bond UCITS ETF was 27.90%, occurring on Feb 25, 2021. The portfolio has not yet recovered.
The current L&G China CNY Bond UCITS ETF drawdown is 14.39%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-27.90%Feb 2021 | 2mo 18d | — | 5y 7moDec 2020 - now | — |
Drawdown Indicators
| DRGG.L | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.90% | -37.07% | +9.17% |
Max Drawdown (1Y)Largest decline over 1 year | -3.40% | -8.03% | +4.63% |
Max Drawdown (3Y)Largest decline over 3 years | -9.04% | -22.15% | +13.11% |
Max Drawdown (5Y)Largest decline over 5 years | -15.77% | -22.15% | +6.38% |
Max Drawdown (10Y)Largest decline over 10 years | — | -26.01% | — |
Current DrawdownCurrent decline from peak | -14.39% | -1.42% | -12.97% |
Average DrawdownAverage peak-to-trough decline | -18.79% | -5.29% | -13.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.13% | 2.20% | -1.07% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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