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

ETF · Currency in EUR · Last updated Jul 16, 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 8 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 54.

SymbolNameRisk / Return RankAUMInception
8PSE.DE
Invesco Physical Gold (EUR Hedged) ETC
54
—Jul 2020ETLX.DE vs 8PSE.DE
ESGP.DE
Gold Miners Screened UCITS ETF
50
—Jan 2021ETLX.DE vs ESGP.DE
IS0E.DE
iShares Gold Producers UCITS ETF
33
—Sep 2011ETLX.DE vs IS0E.DE
CD91.DE
Amundi NYSE Arca Gold Bugs UCITS ETF Dist
33
—Dec 2023ETLX.DE vs CD91.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 -14.61% YTD. There are 9 ETFs in the Gold category with higher YTD returns, going as high as 86.30%.

SymbolNameYTD ReturnAUMInception
8PSE.DE
Invesco Physical Gold (EUR Hedged) ETC
86.30%
—Jul 2020ETLX.DE vs 8PSE.DE
ESGP.DE
Gold Miners Screened UCITS ETF
11.07%
—Jan 2021ETLX.DE vs ESGP.DE
4GLD.DE
Xetra-Gold
-5.42%
—Nov 2007ETLX.DE vs 4GLD.DE
BOLD.DE
21Shares Bitcoin Gold ETP
-9.58%
—Apr 2022ETLX.DE vs BOLD.DE
YGLD.DE
IncomeShares Gold + Yield ETP
-11.22%
—Jul 2024ETLX.DE vs YGLD.DE

Lowest Volatility Alternatives to ETLX.DE

ETLX.DE has 48.25% 1-year volatility. There are 8 ETFs in the Gold category with lower 1-year volatility, going as low as 11.58%.

SymbolNameVolatility 1YAUMInception
ESGP.DE
Gold Miners Screened UCITS ETF11.58%—Jan 2021ETLX.DE vs ESGP.DE
BOLD.DE
21Shares Bitcoin Gold ETP23.92%—Apr 2022ETLX.DE vs BOLD.DE
4GLD.DE
Xetra-Gold24.40%—Nov 2007ETLX.DE vs 4GLD.DE
YGLD.DE
IncomeShares Gold + Yield ETP30.29%—Jul 2024ETLX.DE vs YGLD.DE
IS0E.DE
iShares Gold Producers UCITS ETF44.53%—Sep 2011ETLX.DE vs IS0E.DE

Lowest Drawdown Alternatives to ETLX.DE

ETLX.DE has a 1-year max drawdown of -35.24%. There are 8 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
-21.47%
—Jul 2024ETLX.DE vs YGLD.DE
4GLD.DE
Xetra-Gold
-22.17%
—Nov 2007ETLX.DE vs 4GLD.DE
BOLD.DE
21Shares Bitcoin Gold ETP
-23.33%
—Apr 2022ETLX.DE vs BOLD.DE
IS0E.DE
iShares Gold Producers UCITS ETF
-34.20%
—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
89
15.16%
—Apr 2021ETLX.DE vs LGGE.DE
XMLD.DE
L&G Artificial Intelligence UCITS ETFTechnology Equities
80
38.82%
—Jun 2019ETLX.DE vs XMLD.DE
USPY.DE
L&G Cyber Security UCITS ETFTechnology Equities
58
50.00%
—Sep 2015ETLX.DE vs USPY.DE
RENW.DE
L&G Clean Energy UCITS ETFEnergy Equities
79
28.63%
—Nov 2020ETLX.DE vs RENW.DE
ETL2.DE
L&G Longer Dated All Commodities UCITS ETFCommodities
63
16.43%
—Mar 2010ETLX.DE vs ETL2.DE
XMLC.DE
L&G Clean Water UCITS ETFWater Equities
21
6.19%
—Jun 2019ETLX.DE vs XMLC.DE
IROB.DE
L&G ROBO Global Robotics and Automation UCITS ETFTechnology Equities
57
18.61%
—Oct 2014ETLX.DE vs IROB.DE
ETLK.DE
L&G Asia Pacific ex Japan Equity UCITS ETFAsia Pacific Equities
50
11.20%
—Oct 2018ETLX.DE vs ETLK.DE
ETLQ.DE
L&G Global Equity UCITS ETFGlobal Equities
83
13.13%
—Nov 2018ETLX.DE vs ETLQ.DE
ETLF.DE
L&G All Commodities UCITS ETFCommodities
60
21.07%
—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
74
11.32%
11.08BSep 2019ETLX.DE vs VHVE.L
CSPX.L
iShares Core S&P 500 UCITS ETF USD (Acc)S&P 500
70
10.24%
151.69BMay 2010ETLX.DE vs CSPX.L
GDX
VanEck Gold Miners ETFGold, Precious Metals
30
-13.72%
23.05BMay 2006ETLX.DE vs GDX
RGLD
Royal Gold, Inc.
62
-12.62%
——ETLX.DE vs RGLD
DFEN
Direxion Daily Aerospace & Defense Bull 3X SharesLeveraged Equities, Aerospace & Defense
26
15.02%
390.92MMay 2017ETLX.DE vs DFEN
DFEN.DE
VanEck Defense UCITS ETF AAerospace & Defense
11
-3.41%
—Mar 2023ETLX.DE vs DFEN.DE
BNKE.L
Lyxor EURO STOXX Banks (DR) UCITS ETF - AccFinancials Equities
77
13.64%
5.05BNov 2018ETLX.DE vs BNKE.L
GLDM
SPDR Gold MiniShares TrustGold, Precious Metals
25
-6.01%
27.70BJun 2018ETLX.DE vs GLDM
LGGA.DE
L&G Quality Equity Dividends ESG Exclusions Asia P...Asia Pacific Equities
63
19.19%
—Apr 2021ETLX.DE vs LGGA.DE
BATE.DE
Legal & General Battery Value-Chain UCITS ETFLithium & Battery Metals, Alternative Energy Equities
78
11.53%
—Jan 2018ETLX.DE vs BATE.DE
EUN5.DE
iShares Core EUR Corporate Bond UCITS ETF (Dist)European Corporate Bonds
8
-1.14%
—Mar 2009ETLX.DE vs EUN5.DE
VWCE.DE
Vanguard FTSE All-World UCITS ETFGlobal Equities
86
14.01%
—Jul 2019ETLX.DE vs VWCE.DE
8PSB.DE
Invesco Physical Silver ETCSilver, Precious Metals
31
-20.79%
—Apr 2011ETLX.DE vs 8PSB.DE
ENTR.DE
L&G New Energy Commodities UCITS ETF USD Accumulat...Commodities
67
9.22%
—Apr 2024ETLX.DE vs ENTR.DE
M9SD.DE
Market Access NYSE Arca Gold Bugs UCITS ETFGold, Precious Metals
33
-12.66%
—Jan 2007ETLX.DE vs M9SD.DE
DELG.DE
L&G US ESG Exclusions Paris Aligned UCITS ETF USD ...Large Cap Blend Equities
64
12.14%
—Nov 2019ETLX.DE vs DELG.DE
ENDH.DE
L&G ESG Emerging Markets Government Bond (USD) 0-5...Emerging Markets Bonds
33
0.27%
—May 2022ETLX.DE vs ENDH.DE
ETLH.DE
L&G Ecommerce Logistics UCITS ETFTechnology Equities
18
4.20%
—Jan 2018ETLX.DE vs ETLH.DE
EN4C.DE
L&G Multi-Strategy Enhanced Commodities UCITS ETFCommodities
52
21.96%
—Jul 2021ETLX.DE vs EN4C.DE
ES6Y.DE
L&G Emerging Cyber Security ESG Exclusions UCITS E...Technology Equities
76
65.40%
—Sep 2022ETLX.DE vs ES6Y.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