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

ETF · Currency in EUR · Last updated Jun 5, 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 Precious Metals 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 10 ETFs in the Precious Metals category with lower expense ratios, going as low as 0.19%.

SymbolNameExpense RatioAUMInception
WSLV.DE
WisdomTree Core Physical Silver ETC0.19%—Aug 2024ETLX.DE vs WSLV.DE
8PSB.DE
Invesco Physical Silver ETC0.19%—Apr 2011ETLX.DE vs 8PSB.DE
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
UBUD.DE
UBS ETF (IE) Solactive Global Pure Gold Miners UCI...0.43%—Nov 2012ETLX.DE vs UBUD.DE

Best Risk-Adjusted Alternatives to ETLX.DE

ETLX.DE has a PortfoliosLab risk / return rank of 37. There are 7 ETFs in the Precious Metals category with higher risk-adjusted ranks, going as high as 54.

SymbolNameRisk / Return RankAUMInception
WSLV.DE
WisdomTree Core Physical Silver ETC
54
—Aug 2024ETLX.DE vs WSLV.DE
8PSB.DE
Invesco Physical Silver ETC
52
—Apr 2011ETLX.DE vs 8PSB.DE
SLVR.DE
WisdomTree Silver
52
—Sep 2006ETLX.DE vs SLVR.DE
M9SD.DE
Market Access NYSE Arca Gold Bugs UCITS ETF
46
—Jan 2007ETLX.DE vs M9SD.DE
CD91.DE
Amundi NYSE Arca Gold Bugs UCITS ETF Dist
44
—Dec 2023ETLX.DE vs CD91.DE

Top Performing ETLX.DE Alternatives (YTD)

ETLX.DE is at -2.30% YTD. There are 10 ETFs in the Precious Metals category with higher YTD returns, going as high as 3.74%.

SymbolNameYTD ReturnAUMInception
M9SD.DE
Market Access NYSE Arca Gold Bugs UCITS ETF
3.74%
—Jan 2007ETLX.DE vs M9SD.DE
4GLD.DE
Xetra-Gold
2.80%
—Nov 2007ETLX.DE vs 4GLD.DE
RM8U.DE
HANetf The Royal Mint Responsibly Sourced Physical...
2.70%
—Feb 2020ETLX.DE vs RM8U.DE
CD91.DE
Amundi NYSE Arca Gold Bugs UCITS ETF Dist
2.09%
—Dec 2023ETLX.DE vs CD91.DE
SLVR.DE
WisdomTree Silver
1.99%
—Sep 2006ETLX.DE vs SLVR.DE

Lowest Volatility Alternatives to ETLX.DE

ETLX.DE has 45.70% 1-year volatility. There are 7 ETFs in the Precious Metals category with lower 1-year volatility, going as low as 23.03%.

SymbolNameVolatility 1YAUMInception
RM8U.DE
HANetf The Royal Mint Responsibly Sourced Physical...23.03%—Feb 2020ETLX.DE vs RM8U.DE
4GLD.DE
Xetra-Gold23.06%—Nov 2007ETLX.DE vs 4GLD.DE
VZLE.DE
WisdomTree Physical Precious Metals32.04%—Apr 2007ETLX.DE vs VZLE.DE
CD91.DE
Amundi NYSE Arca Gold Bugs UCITS ETF Dist42.29%—Dec 2023ETLX.DE vs CD91.DE
M9SD.DE
Market Access NYSE Arca Gold Bugs UCITS ETF42.57%—Jan 2007ETLX.DE vs M9SD.DE

Lowest Drawdown Alternatives to ETLX.DE

ETLX.DE has a 1-year max drawdown of -28.89%. There are 7 ETFs in the Precious Metals category with shallower 1-year drawdowns, going as shallow as -16.54%.

SymbolNameMax Drawdown 1YAUMInception
RM8U.DE
HANetf The Royal Mint Responsibly Sourced Physical...
-16.54%
—Feb 2020ETLX.DE vs RM8U.DE
4GLD.DE
Xetra-Gold
-16.54%
—Nov 2007ETLX.DE vs 4GLD.DE
VZLE.DE
WisdomTree Physical Precious Metals
-24.73%
—Apr 2007ETLX.DE vs VZLE.DE
CD91.DE
Amundi NYSE Arca Gold Bugs UCITS ETF Dist
-27.16%
—Dec 2023ETLX.DE vs CD91.DE
IS0E.DE
iShares Gold Producers UCITS ETF
-27.26%
—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
69
11.27%
—Apr 2021ETLX.DE vs LGGE.DE
XMLD.DE
L&G Artificial Intelligence UCITS ETFTechnology Equities
78
42.18%
—Jun 2019ETLX.DE vs XMLD.DE
USPY.DE
L&G Cyber Security UCITS ETFTechnology Equities
35
39.75%
—Sep 2015ETLX.DE vs USPY.DE
RENW.DE
L&G Clean Energy UCITS ETFEnergy Equities
93
43.00%
—Nov 2020ETLX.DE vs RENW.DE
XMLC.DE
L&G Clean Water UCITS ETFWater Equities
17
2.11%
—Jun 2019ETLX.DE vs XMLC.DE
ETL2.DE
L&G Longer Dated All Commodities UCITS ETFCommodities
57
18.23%
—Mar 2010ETLX.DE vs ETL2.DE
IROB.DE
L&G ROBO Global Robotics and Automation UCITS ETFTechnology Equities
77
28.27%
—Oct 2014ETLX.DE vs IROB.DE
ETLK.DE
L&G Asia Pacific ex Japan Equity UCITS ETFAsia Pacific Equities
38
8.76%
—Oct 2018ETLX.DE vs ETLK.DE
ETLQ.DE
L&G Global Equity UCITS ETFGlobal Equities
69
10.88%
—Nov 2018ETLX.DE vs ETLQ.DE
ETLF.DE
L&G All Commodities UCITS ETFCommodities
58
23.78%
—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 14 categories, based on PortfoliosLab usage data.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
VHVE.L
Vanguard FTSE Developed World UCITS ETF USD AccGlobal Equities
74
11.59%
10.78BSep 2019ETLX.DE vs VHVE.L
CSPX.L
iShares Core S&P 500 UCITS ETF USD (Acc)S&P 500
73
10.32%
150.06BMay 2010ETLX.DE vs CSPX.L
GDX
VanEck Gold Miners ETFGold, Precious Metals
30
-8.08%
27.13BMay 2006ETLX.DE vs GDX
RGLD
Royal Gold, Inc.
50
-6.93%
——ETLX.DE vs RGLD
DFEN
Direxion Daily Aerospace & Defense Bull 3X SharesLeveraged Equities, Aerospace & Defense
31
7.95%
374.27MMay 2017ETLX.DE vs DFEN
BNKE.L
Lyxor EURO STOXX Banks (DR) UCITS ETF - AccFinancials Equities
55
4.63%
4.47BNov 2018ETLX.DE vs BNKE.L
DFEN.DE
VanEck Defense UCITS ETF AAerospace & Defense
19
4.02%
—Mar 2023ETLX.DE vs DFEN.DE
G2X.DE
VanEck Gold Miners UCITS ETFPrecious Metals
39
-1.03%
—Mar 2015ETLX.DE vs G2X.DE
GLDM
SPDR Gold MiniShares TrustGold, Precious Metals
30
0.06%
30.87BJun 2018ETLX.DE vs GLDM
LGGA.DE
L&G Quality Equity Dividends ESG Exclusions Asia P...Asia Pacific Equities
73
17.67%
—Apr 2021ETLX.DE vs LGGA.DE
VWCE.DE
Vanguard FTSE All-World UCITS ETFGlobal Equities
76
12.64%
—Jul 2019ETLX.DE vs VWCE.DE
BATE.DE
Legal & General Battery Value-Chain UCITS ETFAlternative Energy Equities
95
34.62%
—Jan 2018ETLX.DE vs BATE.DE
ENTR.DE
L&G New Energy Commodities UCITS ETF USD Accumulat...Commodities
72
12.78%
—Apr 2024ETLX.DE vs ENTR.DE
DELG.DE
L&G US ESG Exclusions Paris Aligned UCITS ETF USD ...Large Cap Blend Equities
59
10.45%
—Nov 2019ETLX.DE vs DELG.DE
ENDH.DE
L&G ESG Emerging Markets Government Bond (USD) 0-5...Emerging Markets Bonds
32
-0.08%
—May 2022ETLX.DE vs ENDH.DE
ETLH.DE
L&G Ecommerce Logistics UCITS ETFTechnology Equities
14
0.49%
—Jan 2018ETLX.DE vs ETLH.DE
EN4C.DE
L&G Multi-Strategy Enhanced Commodities UCITS ETFCommodities
52
24.44%
—Jul 2021ETLX.DE vs EN4C.DE
ETLS.DE
L&G US Equity UCITS ETFLarge Cap Blend Equities
68
11.28%
—Oct 2018ETLX.DE vs ETLS.DE
ES6Y.DE
L&G Emerging Cyber Security ESG Exclusions UCITS E...Technology Equities
64
59.99%
—Sep 2022ETLX.DE vs ES6Y.DE
SEC0.DE
iShares MSCI Global Semiconductors UCITS ETF USD (...Semiconductors, Technology Equities
97
98.10%
—Aug 2021ETLX.DE vs SEC0.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