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

ETF · Currency in EUR · Last updated Aug 6, 2026

ETLX.DE is a passive ETF by L&G 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 13 ETFs in the Gold category with lower expense ratios, going as low as 0.11%.

SymbolNameExpense RatioAUMInception
XGDU.DE
Xtrackers IE Physical Gold ETC Securities0.11%—Apr 2020ETLX.DE vs XGDU.DE
PPFB.DE
iShares Physical Gold ETC0.12%—Apr 2011ETLX.DE vs PPFB.DE
8PSG.DE
Invesco Physical Gold ETC0.12%—Jun 2009ETLX.DE vs 8PSG.DE
GLDA.DE
Amundi Physical Gold ETC (C)0.12%—May 2019ETLX.DE vs GLDA.DE
RM8U.DE
HANetf The Royal Mint Responsibly Sourced Physical...0.22%—Feb 2020ETLX.DE vs RM8U.DE

Best Risk-Adjusted Alternatives to ETLX.DE

ETLX.DE has a PortfoliosLab risk / return rank of 35. There are 8 ETFs in the Gold category with higher risk-adjusted ranks, going as high as 56.

SymbolNameRisk / Return RankAUMInception
ESGP.DE
Gold Miners Screened UCITS ETF
56
—Jan 2021ETLX.DE vs ESGP.DE
8PSE.DE
Invesco Physical Gold (EUR Hedged) ETC
55
—Jul 2020ETLX.DE vs 8PSE.DE
G2XJ.DE
VanEck Junior Gold Miners UCITS
40
—Mar 2015ETLX.DE vs G2XJ.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
37
—Sep 2011ETLX.DE vs IS0E.DE

Top Performing ETLX.DE Alternatives (YTD)

ETLX.DE is at -3.79% YTD. There are 8 ETFs in the Gold category with higher YTD returns, going as high as 86.04%.

SymbolNameYTD ReturnAUMInception
8PSE.DE
Invesco Physical Gold (EUR Hedged) ETC
86.04%
—Jul 2020ETLX.DE vs 8PSE.DE
ESGP.DE
Gold Miners Screened UCITS ETF
14.56%
—Jan 2021ETLX.DE vs ESGP.DE
M9SD.DE
Market Access NYSE Arca Gold Bugs UCITS ETF
-0.79%
—Jan 2007ETLX.DE vs M9SD.DE
CD91.DE
Amundi NYSE Arca Gold Bugs UCITS ETF Dist
-0.91%
—Dec 2023ETLX.DE vs CD91.DE
4GLD.DE
Xetra-Gold
-1.47%
—Nov 2007ETLX.DE vs 4GLD.DE

Lowest Volatility Alternatives to ETLX.DE

ETLX.DE has 49.32% 1-year volatility. There are 13 ETFs in the Gold category with lower 1-year volatility, going as low as 11.47%.

SymbolNameVolatility 1YAUMInception
ESGP.DE
Gold Miners Screened UCITS ETF11.47%—Jan 2021ETLX.DE vs ESGP.DE
BOLD.DE
21Shares Bitcoin Gold ETP24.16%—Apr 2022ETLX.DE vs BOLD.DE
GLDA.DE
Amundi Physical Gold ETC (C)24.75%—May 2019ETLX.DE vs GLDA.DE
PPFB.DE
iShares Physical Gold ETC24.82%—Apr 2011ETLX.DE vs PPFB.DE
4GLD.DE
Xetra-Gold24.95%—Nov 2007ETLX.DE vs 4GLD.DE

Lowest Drawdown Alternatives to ETLX.DE

ETLX.DE has a 1-year max drawdown of -36.81%. There are 12 ETFs in the Gold category with shallower 1-year drawdowns, going as shallow as -6.31%.

SymbolNameMax Drawdown 1YAUMInception
ESGP.DE
Gold Miners Screened UCITS ETF
-6.31%
—Jan 2021ETLX.DE vs ESGP.DE
YGLD.DE
IncomeShares Gold + Yield ETP
-21.59%
—Jul 2024ETLX.DE vs YGLD.DE
4GLD.DE
Xetra-Gold
-22.49%
—Nov 2007ETLX.DE vs 4GLD.DE
GLDA.DE
Amundi Physical Gold ETC (C)
-22.55%
—May 2019ETLX.DE vs GLDA.DE
PPFB.DE
iShares Physical Gold ETC
-22.56%
—Apr 2011ETLX.DE vs PPFB.DE

Other ETFs from L&G

The 10 most viewed L&G ETFs shown here include LGGE.DE, GERD.DE, XMLD.DE and span 11 categories.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
LGGE.DE
L&G Quality Equity Dividends ESG Exclusions Europe...Quality Factor, Europe Equities
92
18.70%
—Apr 2021ETLX.DE vs LGGE.DE
GERD.DE
L&G Gerd Kommer Multifactor Equity UCITS ETF USD A...Global Equities
83
16.09%
—Jun 2023ETLX.DE vs GERD.DE
XMLD.DE
L&G Artificial Intelligence UCITS ETFArtificial Intelligence, Technology Equities
80
42.24%
—Jun 2019ETLX.DE vs XMLD.DE
USPY.DE
L&G Cyber Security UCITS ETFTechnology Equities
66
53.89%
—Sep 2015ETLX.DE vs USPY.DE
RENW.DE
L&G Clean Energy UCITS ETFEnergy Equities, Alternative Energy Equities
54
24.08%
—Nov 2020ETLX.DE vs RENW.DE
ETL2.DE
L&G Longer Dated All Commodities UCITS ETFCommodities
69
15.34%
—Mar 2010ETLX.DE vs ETL2.DE
XMLC.DE
L&G Clean Water UCITS ETFWater Equities
27
10.77%
—Jun 2019ETLX.DE vs XMLC.DE
IROB.DE
L&G ROBO Global Robotics and Automation UCITS ETFTechnology Equities
54
23.44%
—Oct 2014ETLX.DE vs IROB.DE
ETLK.DE
L&G Asia Pacific ex Japan Equity UCITS ETFAsia Pacific Equities
58
15.43%
—Oct 2018ETLX.DE vs ETLK.DE
BATG.DE
L&G Japan ESG Exclusions Paris Aligned UCITS ETF U...Japan Equities, Asia Pacific Equities———Oct 2022ETLX.DE vs BATG.DE

Often Compared With ETLX.DE

Investors most often compare ETLX.DE with VHVE.L, UBUD.DE, GDX. These 20 comparison targets span 18 categories, based on PortfoliosLab usage data.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
VHVE.L
Vanguard FTSE Developed World UCITS ETF (USD) Accu...Global Equities
80
14.00%
6.45BSep 2019ETLX.DE vs VHVE.L
UBUD.DE
UBS ETF (IE) Solactive Global Pure Gold Miners UCI...Gold, Precious Metals
35
-6.35%
—Nov 2012ETLX.DE vs UBUD.DE
GDX
VanEck Gold Miners ETFGold, Precious Metals
34
-2.44%
22.65BMay 2006ETLX.DE vs GDX
CSPX.L
iShares Core S&P 500 UCITS ETF USD (Acc)S&P 500
77
12.95%
150.86BMay 2010ETLX.DE vs CSPX.L
RGLD
Royal Gold, Inc.
66
-2.62%
——ETLX.DE vs RGLD
DFEN
Direxion Daily Aerospace & Defense Bull 3X SharesLeveraged Equities, Aerospace & Defense
35
36.70%
375.87MMay 2017ETLX.DE vs DFEN
BNKE.L
Amundi Euro Stoxx Banks UCITS ETF AccFinancials Equities
77
22.32%
5.29BNov 2018ETLX.DE vs BNKE.L
DFEN.DE
VanEck Defense UCITS ETF AAerospace & Defense
18
7.06%
—Mar 2023ETLX.DE vs DFEN.DE
G2X.DE
VanEck Gold Miners UCITS ETFGold, Precious Metals
36
-3.35%
—Mar 2015ETLX.DE vs G2X.DE
GLDM
SPDR Gold MiniShares TrustGold, Precious Metals
30
-1.57%
27.37BJun 2018ETLX.DE vs GLDM
LGGA.DE
L&G Quality Equity Dividends ESG Exclusions Asia P...Quality Factor, Asia Pacific Equities
76
21.61%
—Apr 2021ETLX.DE vs LGGA.DE
EUN5.DE
iShares Core EUR Corporate Bond UCITS ETF (Dist)European Corporate Bonds
8
-0.91%
—Mar 2009ETLX.DE vs EUN5.DE
BATE.DE
Legal & General Battery Value-Chain UCITS ETFLithium & Battery Metals, Alternative Energy Equities, Energy Equities
58
9.47%
—Jan 2018ETLX.DE vs BATE.DE
8PSB.DE
Invesco Physical Silver ETCSilver, Precious Metals
33
-20.72%
—Apr 2011ETLX.DE vs 8PSB.DE
VWCE.DE
Vanguard FTSE All-World UCITS ETFGlobal Equities
88
15.55%
—Jul 2019ETLX.DE vs VWCE.DE
ENTR.DE
L&G New Energy Commodities UCITS ETF USD Accumulat...Commodities
72
7.82%
—Apr 2024ETLX.DE vs ENTR.DE
ETLF.DE
L&G All Commodities UCITS ETFCommodities
64
19.79%
—Jul 2017ETLX.DE vs ETLF.DE
DELG.DE
L&G US ESG Exclusions Paris Aligned UCITS ETF USD ...Large Cap Blend Equities
67
13.26%
—Nov 2019ETLX.DE vs DELG.DE
ENDH.DE
L&G ESG Emerging Markets Government Bond (USD) 0-5...Emerging Markets Bonds
23
-0.20%
—May 2022ETLX.DE vs ENDH.DE
ETLH.DE
L&G Ecommerce Logistics UCITS ETFTechnology Equities
23
6.55%
—Jan 2018ETLX.DE vs ETLH.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