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L&G Gold Mining UCITS ETF (ETLX.DE) Alternatives

ETF · Currency in EUR · Last updated Jun 26, 2026

ETLX.DE is a passive ETF by Legal & General tracking the investment results of the DAXglobal® Gold Miners. ETLX.DE launched on Sep 11, 2008 and has a 0.65% expense ratio.

L&G Gold Mining UCITS ETF (ETLX.DE) belongs to the Gold category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with ETLX.DE. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to ETLX.DE

ETLX.DE charges 0.65% annually. There are 7 ETFs in the Gold category with lower expense ratios, going as low as 0.22%.

SymbolNameExpense RatioAUMInception
RM8U.DE
HANetf The Royal Mint Responsibly Sourced Physical...0.22%—Feb 2020ETLX.DE vs RM8U.DE
8PSE.DE
Invesco Physical Gold (EUR Hedged) ETC0.34%—Jul 2020ETLX.DE vs 8PSE.DE
YGLD.DE
IncomeShares Gold + Yield ETP0.35%—Jul 2024ETLX.DE vs YGLD.DE
UBUD.DE
UBS ETF (IE) Solactive Global Pure Gold Miners UCI...0.43%—Nov 2012ETLX.DE vs UBUD.DE
G2X.DE
VanEck Gold Miners UCITS ETF0.53%—Mar 2015ETLX.DE vs G2X.DE

Best Risk-Adjusted Alternatives to ETLX.DE

ETLX.DE has a PortfoliosLab risk / return rank of 33. There are 4 ETFs in the Gold category with higher risk-adjusted ranks, going as high as 50.

SymbolNameRisk / Return RankAUMInception
8PSE.DE
Invesco Physical Gold (EUR Hedged) ETC
50
—Jul 2020ETLX.DE vs 8PSE.DE
CD91.DE
Amundi NYSE Arca Gold Bugs UCITS ETF Dist
37
—Dec 2023ETLX.DE vs CD91.DE
M9SD.DE
Market Access NYSE Arca Gold Bugs UCITS ETF
37
—Jan 2007ETLX.DE vs M9SD.DE
IS0E.DE
iShares Gold Producers UCITS ETF
34
—Sep 2011ETLX.DE vs IS0E.DE
G2X.DE
VanEck Gold Miners UCITS ETF
33
—Mar 2015ETLX.DE vs G2X.DE

Top Performing ETLX.DE Alternatives (YTD)

ETLX.DE is at -11.01% YTD. There are 5 ETFs in the Gold category with higher YTD returns, going as high as 83.34%.

SymbolNameYTD ReturnAUMInception
8PSE.DE
Invesco Physical Gold (EUR Hedged) ETC
83.34%
—Jul 2020ETLX.DE vs 8PSE.DE
4GLD.DE
Xetra-Gold
-5.56%
—Nov 2007ETLX.DE vs 4GLD.DE
M9SD.DE
Market Access NYSE Arca Gold Bugs UCITS ETF
-7.80%
—Jan 2007ETLX.DE vs M9SD.DE
CD91.DE
Amundi NYSE Arca Gold Bugs UCITS ETF Dist
-8.09%
—Dec 2023ETLX.DE vs CD91.DE
IS0E.DE
iShares Gold Producers UCITS ETF
-9.85%
—Sep 2011ETLX.DE vs IS0E.DE

Lowest Volatility Alternatives to ETLX.DE

ETLX.DE has 47.47% 1-year volatility. There are 8 ETFs in the Gold category with lower 1-year volatility, going as low as 23.50%.

SymbolNameVolatility 1YAUMInception
BOLD.DE
21Shares Bitcoin Gold ETP23.50%—Apr 2022ETLX.DE vs BOLD.DE
4GLD.DE
Xetra-Gold24.03%—Nov 2007ETLX.DE vs 4GLD.DE
YGLD.DE
IncomeShares Gold + Yield ETP30.24%—Jul 2024ETLX.DE vs YGLD.DE
IS0E.DE
iShares Gold Producers UCITS ETF43.82%—Sep 2011ETLX.DE vs IS0E.DE
G2X.DE
VanEck Gold Miners UCITS ETF44.53%—Mar 2015ETLX.DE vs G2X.DE

Lowest Drawdown Alternatives to ETLX.DE

ETLX.DE has a 1-year max drawdown of -34.64%. There are 7 ETFs in the Gold category with shallower 1-year drawdowns, going as shallow as -21.11%.

SymbolNameMax Drawdown 1YAUMInception
YGLD.DE
IncomeShares Gold + Yield ETP
-21.11%
—Jul 2024ETLX.DE vs YGLD.DE
BOLD.DE
21Shares Bitcoin Gold ETP
-21.96%
—Apr 2022ETLX.DE vs BOLD.DE
4GLD.DE
Xetra-Gold
-21.99%
—Nov 2007ETLX.DE vs 4GLD.DE
M9SD.DE
Market Access NYSE Arca Gold Bugs UCITS ETF
-32.80%
—Jan 2007ETLX.DE vs M9SD.DE
IS0E.DE
iShares Gold Producers UCITS ETF
-32.80%
—Sep 2011ETLX.DE vs IS0E.DE

Other ETFs from Legal & General

The 10 most viewed Legal & General ETFs shown here include LGGE.DE, XMLD.DE, USPY.DE and span 7 categories.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
LGGE.DE
L&G Quality Equity Dividends ESG Exclusions Europe...Europe Equities
85
12.88%
—Apr 2021ETLX.DE vs LGGE.DE
XMLD.DE
L&G Artificial Intelligence UCITS ETFTechnology Equities
77
37.67%
—Jun 2019ETLX.DE vs XMLD.DE
USPY.DE
L&G Cyber Security UCITS ETFTechnology Equities
31
34.15%
—Sep 2015ETLX.DE vs USPY.DE
RENW.DE
L&G Clean Energy UCITS ETFEnergy Equities
92
35.68%
—Nov 2020ETLX.DE vs RENW.DE
XMLC.DE
L&G Clean Water UCITS ETFWater Equities
27
8.02%
—Jun 2019ETLX.DE vs XMLC.DE
ETL2.DE
L&G Longer Dated All Commodities UCITS ETFCommodities
52
11.73%
—Mar 2010ETLX.DE vs ETL2.DE
IROB.DE
L&G ROBO Global Robotics and Automation UCITS ETFTechnology Equities
72
22.94%
—Oct 2014ETLX.DE vs IROB.DE
ETLK.DE
L&G Asia Pacific ex Japan Equity UCITS ETFAsia Pacific Equities
44
8.83%
—Oct 2018ETLX.DE vs ETLK.DE
ETLQ.DE
L&G Global Equity UCITS ETFGlobal Equities
79
10.95%
—Nov 2018ETLX.DE vs ETLQ.DE
ETLF.DE
L&G All Commodities UCITS ETFCommodities
49
15.36%
—Jul 2017ETLX.DE vs ETLF.DE

Often Compared With ETLX.DE

Investors most often compare ETLX.DE with VHVE.L, CSPX.L, GDX. These 20 comparison targets span 16 categories, based on PortfoliosLab usage data.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
VHVE.L
Vanguard FTSE Developed World UCITS ETF USD AccGlobal Equities
72
9.67%
11.54BSep 2019ETLX.DE vs VHVE.L
CSPX.L
iShares Core S&P 500 UCITS ETF USD (Acc)S&P 500
66
7.49%
149.73BMay 2010ETLX.DE vs CSPX.L
GDX
VanEck Gold Miners ETFGold, Precious Metals
29
-11.78%
25.30BMay 2006ETLX.DE vs GDX
RGLD
Royal Gold, Inc.
55
-7.59%
——ETLX.DE vs RGLD
DFEN
Direxion Daily Aerospace & Defense Bull 3X SharesLeveraged Equities, Aerospace & Defense
37
17.18%
427.18MMay 2017ETLX.DE vs DFEN
DFEN.DE
VanEck Defense UCITS ETF AAerospace & Defense
11
-5.88%
—Mar 2023ETLX.DE vs DFEN.DE
BNKE.L
Lyxor EURO STOXX Banks (DR) UCITS ETF - AccFinancials Equities
77
12.93%
4.93BNov 2018ETLX.DE vs BNKE.L
GLDM
SPDR Gold MiniShares TrustGold, Precious Metals
22
-6.69%
28.75BJun 2018ETLX.DE vs GLDM
LGGA.DE
L&G Quality Equity Dividends ESG Exclusions Asia P...Asia Pacific Equities
66
14.30%
—Apr 2021ETLX.DE vs LGGA.DE
VWCE.DE
Vanguard FTSE All-World UCITS ETFGlobal Equities
85
12.91%
—Jul 2019ETLX.DE vs VWCE.DE
BATE.DE
Legal & General Battery Value-Chain UCITS ETFLithium & Battery Metals, Alternative Energy Equities
93
20.81%
—Jan 2018ETLX.DE vs BATE.DE
8PSB.DE
Invesco Physical Silver ETCSilver, Precious Metals
33
-20.12%
—Apr 2011ETLX.DE vs 8PSB.DE
ENTR.DE
L&G New Energy Commodities UCITS ETF USD Accumulat...Commodities
64
6.68%
—Apr 2024ETLX.DE vs ENTR.DE
DELG.DE
L&G US ESG Exclusions Paris Aligned UCITS ETF USD ...Large Cap Blend Equities
61
9.28%
—Nov 2019ETLX.DE vs DELG.DE
ENDH.DE
L&G ESG Emerging Markets Government Bond (USD) 0-5...Emerging Markets Bonds
29
-0.08%
—May 2022ETLX.DE vs ENDH.DE
ETLH.DE
L&G Ecommerce Logistics UCITS ETFTechnology Equities
11
-2.90%
—Jan 2018ETLX.DE vs ETLH.DE
EN4C.DE
L&G Multi-Strategy Enhanced Commodities UCITS ETFCommodities
41
15.69%
—Jul 2021ETLX.DE vs EN4C.DE
EUN5.DE
iShares Core EUR Corporate Bond UCITS ETF (Dist)European Corporate Bonds
22
1.25%
—Mar 2009ETLX.DE vs EUN5.DE
ES6Y.DE
L&G Emerging Cyber Security ESG Exclusions UCITS E...Technology Equities
58
54.16%
—Sep 2022ETLX.DE vs ES6Y.DE
ETLS.DE
L&G US Equity UCITS ETFLarge Cap Blend Equities
71
10.52%
—Oct 2018ETLX.DE vs ETLS.DE

Compare ETLX.DE with Any Fund or Stock

Compare ETLX.DE with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

 

Diversifiers

Pair ETLX.DE with funds that move differently

L&G Gold Mining UCITS ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ETLX.DE.

Explore ETLX.DE Diversifiers