- Issuer
- L&G
- Inception Date
- Sep 11, 2008
- Region
- North America (United States)
- Category
- Small Cap Blend Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- Russell 2000 0.4 Quality Target Exposure Factor Net Tax Index
- Domicile
- Ireland
- Distribution Policy
- Accumulating
- Asset Class
- Equity
- Asset Class Size
- Small-Cap
- Asset Class Style
- Blend
Share Price Chart
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Performance
ETLZ.DE Performance Chart
L&G Russell 2000 US Small Cap Quality UCITS ETF USD Acc (ETLZ.DE) is up 21.3% since the beginning of the year. ETLZ.DE is currently trading at €123 per share. Investors who bought €1,000 worth of ETLZ.DE shares 5 years ago would now be looking at an investment worth €1,539.
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Returns By Period
L&G Russell 2000 US Small Cap Quality UCITS ETF USD Acc (ETLZ.DE) has returned 21.33% so far this year and 34.15% over the past 12 months. Over the last ten years, ETLZ.DE has returned 10.75% per year, falling short of the S&P 500 Index benchmark, which averaged 12.92% annually.
L&G Russell 2000 US Small Cap Quality UCITS ETF USD Acc
- 1D
- -0.66%
- 1M
- 1.72%
- 6M
- 15.70%
- YTD
- 21.33%
- 1Y
- 34.15%
- 3Y*
- 14.90%
- 5Y*
- 9.00%
- 10Y*
- 10.75%
Benchmark (S&P 500 Index)
- 1D
- -0.09%
- 1M
- 1.27%
- 6M
- 10.98%
- YTD
- 13.27%
- 1Y
- 22.64%
- 3Y*
- 18.04%
- 5Y*
- 12.49%
- 10Y*
- 12.92%
ETLZ.DE Monthly Returns History
Based on dividend-adjusted daily data since Dec 17, 2008, ETLZ.DE's average daily return is +0.07%, while the average monthly return is +1.22%. At this rate, an investment would double in approximately 4.8 years.
Historically, 62% of months were positive and 38% were negative. The best month was Nov 2016 with a return of +15.9%, while the worst month was Mar 2020 at -20.7%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 4 months.
On a daily basis, ETLZ.DE closed higher 51% of trading days. The best single day was Dec 22, 2008 with a return of +95.2%, while the worst single day was Dec 23, 2008 at -48.0%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.24% | 2.12% | -4.26% | 10.49% | 4.42% | 6.52% | -1.23% | 21.33% | |||||
| 2025 | 4.91% | -7.08% | -9.11% | -6.73% | 6.19% | 0.43% | 4.32% | 3.61% | 1.47% | 2.44% | 1.46% | -0.14% | 0.32% |
| 2024 | -1.12% | 3.14% | 4.01% | -5.03% | 1.47% | 1.17% | 8.73% | -4.43% | 0.90% | 1.87% | 13.29% | -7.99% | 15.12% |
| 2023 | 7.06% | 2.38% | -6.85% | -3.07% | 1.53% | 6.77% | 3.97% | -1.88% | -2.66% | -6.95% | 5.68% | 10.77% | 16.03% |
| 2022 | -10.19% | 2.33% | 2.88% | -3.09% | -3.65% | -5.42% | 12.89% | -0.29% | -5.23% | 8.16% | -3.53% | -7.71% | -14.22% |
| 2021 | 7.97% | 6.02% | 3.65% | 0.92% | -2.20% | 5.13% | -2.40% | 2.49% | 0.37% | 3.99% | -1.27% | 2.91% | 30.61% |
Benchmark Metrics
L&G Russell 2000 US Small Cap Quality UCITS ETF USD Acc has an annualized alpha of 10.23%, beta of 0.53, and R2 of 0.08 versus S&P 500 Index. Calculated based on daily prices since December 17, 2008.
- This ETF participated in 112.44% of S&P 500 Index downside but only 105.45% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.53 may look defensive, but with R2 of 0.08 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 0.08 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
- 10.23%
- Beta
- 0.53
- R²
- 0.08
- Upside Capture
- 105.45%
- Downside Capture
- 112.44%
Expense Ratio
ETLZ.DE has an expense ratio of 0.30%, placing it in the medium range.
Return for Risk
Risk / Return Rank
ETLZ.DE ranks 88 for risk / return — in the top 88% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for L&G Russell 2000 US Small Cap Quality UCITS ETF USD Acc (ETLZ.DE) 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.
| ETLZ.DE | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.49 | ||
| Sortino ratioReturn per unit of downside risk | +0.84 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.33 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 5.33 | 3.01 | +2.33 |
| Martin ratioReturn relative to average drawdown | 15.94 | 11.10 | +4.84 |
Dividends
Dividend History
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 Russell 2000 US Small Cap Quality UCITS ETF USD Acc. 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 Russell 2000 US Small Cap Quality UCITS ETF USD Acc was 58.36%, occurring on Mar 6, 2009. Recovery took 790 trading sessions.
The current L&G Russell 2000 US Small Cap Quality UCITS ETF USD Acc drawdown is 2.30%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-58.36%Mar 2009 | 2mo 13d | 3y 4mo | 3y 6moDec 2008 - Jul 2012 | Financial crisis2007–2009 |
-41.01%Mar 2020 | 1mo 2d | 8mo 6d | 9mo 8dFeb 2020 - Nov 2020 | COVID crash2020 |
-31.34%Apr 2025 | 4mo 14d | 1y 11d | 1y 4moNov 2024 - Apr 2026 | 2025 selloff2025 |
-30.33%Feb 2016 | 10mo 3d | 9mo 7d | 1y 7moApr 2015 - Nov 2016 | — |
-23.08%Dec 2018 | 3mo 24d | 11mo 24d | 1y 3moSep 2018 - Dec 2019 | Rate-hike selloffLate 2018 |
Drawdown Indicators
| ETLZ.DE | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.36% | -51.17% | -7.19% |
Max Drawdown (1Y)Largest decline over 1 year | -7.04% | -7.57% | +0.53% |
Max Drawdown (3Y)Largest decline over 3 years | -31.34% | -23.99% | -7.35% |
Max Drawdown (5Y)Largest decline over 5 years | -31.34% | -23.99% | -7.35% |
Max Drawdown (10Y)Largest decline over 10 years | -41.01% | -33.42% | -7.59% |
Current DrawdownCurrent decline from peak | -2.30% | -0.52% | -1.78% |
Average DrawdownAverage peak-to-trough decline | -10.71% | -8.90% | -1.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.35% | 2.04% | +0.31% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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