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BGX.DE vs. LCUK.DE
Performance
Return for Risk
Drawdowns
Volatility
Dividends

BGX.DE vs. LCUK.DE

Last updated Jul 16, 2026
Documentation

BGX.DE (Expat Bulgaria SOFIX UCITS ETF) and LCUK.DE (Lyxor Core UK Equity All Cap (DR) UCITS ETF - Dist) are both Europe Equities funds - BGX.DE tracks the SOFIX Index while LCUK.DE tracks the FTSE AllSh TR GBP. Both are passively managed. Over the past 5 years, BGX.DE returned 12.68%/yr vs 11.45%/yr for LCUK.DE. At a 0.08 correlation, their price movements are largely independent.

Performance

BGX.DE vs. LCUK.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Expat Bulgaria SOFIX UCITS ETF (BGX.DE) and Lyxor Core UK Equity All Cap (DR) UCITS ETF - Dist (LCUK.DE). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, BGX.DE achieves a 6.93% return, which is significantly lower than LCUK.DE's 10.27% return.

BGX.DE

1D
2.07%
1M
2.97%
6M
-10.23%
YTD
6.93%
1Y
18.70%
3Y*
19.88%
5Y*
12.68%
10Y*
—

LCUK.DE

1D
0.81%
1M
2.76%
6M
7.03%
YTD
10.27%
1Y
22.60%
3Y*
16.36%
5Y*
11.45%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

BGX.DE vs. LCUK.DE - Yearly Performance Comparison

2026 (YTD)20252024202320222021202020192018
BGX.DE
Expat Bulgaria SOFIX UCITS ETF		6.93%28.73%14.12%19.29%-10.64%32.54%-18.73%-9.31%-16.60%
LCUK.DE
Lyxor Core UK Equity All Cap (DR) UCITS ETF - Dist		10.27%19.81%13.69%9.65%-4.25%25.69%-15.90%26.79%5.50%

Correlation

The correlation between BGX.DE and LCUK.DE is 0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.01

Correlation (3Y)
Calculated over the trailing 3-year period

0.07

Correlation (5Y)
Calculated over the trailing 5-year period

0.09

Correlation (All Time)
Calculated using the full available price history since Feb 27, 2018

0.08

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Expat Bulgaria SOFIX UCITS ETF

Lyxor Core UK Equity All Cap (DR) UCITS ETF - Dist

Often compared with LCUK.DE:
LCUK.DE vs. IS3G.DELCUK.DE vs. SPYE.DELCUK.DE vs. FEUQ.DELCUK.DE vs. XESD.DELCUK.DE vs. EDM4.DELCUK.DE vs. VALU.DELCUK.DE vs. VUKE.DE

Return for Risk

BGX.DE vs. LCUK.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
BGX.DE
BGX.DE Risk / Return Rank: 3535
Overall Rank
BGX.DE Sharpe Ratio Rank: 4141
Sharpe Ratio Rank
BGX.DE Sortino Ratio Rank: 4444
Sortino Ratio Rank
BGX.DE Omega Ratio Rank: 4141
Omega Ratio Rank
BGX.DE Calmar Ratio Rank: 2727
Calmar Ratio Rank
BGX.DE Martin Ratio Rank: 2121
Martin Ratio Rank
LCUK.DE
LCUK.DE Risk / Return Rank: 6868
Overall Rank
LCUK.DE Sharpe Ratio Rank: 6868
Sharpe Ratio Rank
LCUK.DE Sortino Ratio Rank: 6767
Sortino Ratio Rank
LCUK.DE Omega Ratio Rank: 6969
Omega Ratio Rank
LCUK.DE Calmar Ratio Rank: 6767
Calmar Ratio Rank
LCUK.DE Martin Ratio Rank: 6767
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BGX.DE vs. LCUK.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Expat Bulgaria SOFIX UCITS ETF (BGX.DE) and Lyxor Core UK Equity All Cap (DR) UCITS ETF - Dist (LCUK.DE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

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.

BGX.DELCUK.DEDifference
Sharpe ratioReturn per unit of total volatility
1.23
1.80

-0.57

Sortino ratioReturn per unit of downside risk
1.88
2.49

-0.61

Omega ratioGain probability vs. loss probability

1.23

1.33

-0.10

Calmar ratioReturn relative to maximum drawdown

1.11

2.72

-1.61

Martin ratioReturn relative to average drawdown

2.08

9.69

-7.62

BGX.DE vs. LCUK.DE - Sharpe Ratio Comparison

The current BGX.DE Sharpe Ratio is 1.23, which is lower than the LCUK.DE Sharpe Ratio of 1.80. The chart below compares the historical Sharpe Ratios of BGX.DE and LCUK.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

BGX.DE vs. LCUK.DE - Drawdown Comparison

The maximum BGX.DE drawdown since its inception was -46.59%, which is greater than LCUK.DE's maximum drawdown of -41.09%. Use the drawdown chart below to compare losses from any high point for BGX.DE and LCUK.DE.

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Drawdown Indicators

BGX.DELCUK.DEDifference

Max Drawdown

Largest peak-to-trough decline

-46.59%

-41.09%

-5.50%

Max Drawdown (1Y)

Largest decline over 1 year

-17.99%

-8.28%

-9.71%

Max Drawdown (3Y)

Largest decline over 3 years

-17.99%

-16.66%

-1.33%

Max Drawdown (5Y)

Largest decline over 5 years

-17.99%

-16.66%

-1.33%

Current Drawdown

Current decline from peak

-12.90%

-0.57%

-12.33%

Average Drawdown

Average peak-to-trough decline

-20.20%

-5.58%

-14.62%

Ulcer Index

Depth and duration of drawdowns from previous peaks

9.60%

2.33%

+7.27%

Volatility

BGX.DE vs. LCUK.DE - Volatility Comparison

Expat Bulgaria SOFIX UCITS ETF (BGX.DE) and Lyxor Core UK Equity All Cap (DR) UCITS ETF - Dist (LCUK.DE) have volatilities of 3.60% and 3.46%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

BGX.DELCUK.DEDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.60%

3.46%

+0.14%

Volatility (6M)

Calculated over the trailing 6-month period

11.33%

10.55%

+0.78%

Volatility (1Y)

Calculated over the trailing 1-year period

16.24%

12.52%

+3.72%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

15.22%

14.11%

+1.11%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.75%

20.33%

-4.58%

Dividends

BGX.DE vs. LCUK.DE - Dividend Comparison

BGX.DE has not paid dividends to shareholders, while LCUK.DE's dividend yield for the trailing twelve months is around 2.74%.

PositionTTM2025202420232022202120202019
BGX.DE
Expat Bulgaria SOFIX UCITS ETF		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
LCUK.DE
Lyxor Core UK Equity All Cap (DR) UCITS ETF - Dist		2.74%3.03%3.73%3.09%4.08%3.76%2.95%3.36%

Frequently Asked Questions

BGX.DE and LCUK.DE have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

BGX.DE tracks SOFIX Index, while LCUK.DE tracks FTSE AllSh TR GBP. They also come from different issuers: Expat and Amundi.

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