BOLD.DE vs. LGGA.DE
BOLD.DE (21Shares Bitcoin Gold ETP) and LGGA.DE (L&G Quality Equity Dividends ESG Exclusions Asia Pacific ex-Japan UCITS ETF) are both exchange-traded funds - BOLD.DE is a Cryptocurrency fund actively managed by 21Shares, while LGGA.DE is a Asia Pacific Equities fund tracking the FTSE Developed Asia Pacific ex Japan All Cap ex CW ex TC ex REITS Dividend Growth with Quality. BOLD.DE is actively managed, while LGGA.DE is passively managed. Over the past 3 years, BOLD.DE returned 27.91%/yr vs 21.32%/yr for LGGA.DE. At a 0.26 correlation, their price movements are largely independent. BOLD.DE charges 0.65%/yr vs 0.40%/yr for LGGA.DE.
Performance
BOLD.DE vs. LGGA.DE - Performance Comparison
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Different Trading Currencies
BOLD.DE is traded in USD, while LGGA.DE is traded in EUR. To make them comparable, the LGGA.DE values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, BOLD.DE achieves a -6.72% return, which is significantly lower than LGGA.DE's 16.32% return.
BOLD.DE
- 1D
- -1.18%
- 1M
- -11.45%
- YTD
- -6.72%
- 6M
- -5.28%
- 1Y
- 3.04%
- 3Y*
- 27.91%
- 5Y*
- —
- 10Y*
- —
LGGA.DE
- 1D
- -0.48%
- 1M
- -0.12%
- YTD
- 16.32%
- 6M
- 16.68%
- 1Y
- 37.19%
- 3Y*
- 21.32%
- 5Y*
- —
- 10Y*
- —
BOLD.DE vs. LGGA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
BOLD.DE 21Shares Bitcoin Gold ETP | -6.72% | 25.46% | 57.68% | 33.01% | -10.84% |
LGGA.DE L&G Quality Equity Dividends ESG Exclusions Asia Pacific ex-Japan UCITS ETF | 16.30% | 36.78% | 3.61% | 8.82% | -4.19% |
Correlation
The correlation between BOLD.DE and LGGA.DE is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since May 25, 2022 | 0.26 |
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Return for Risk
BOLD.DE vs. LGGA.DE — Risk / Return Rank
BOLD.DE
LGGA.DE
BOLD.DE vs. LGGA.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for 21Shares Bitcoin Gold ETP (BOLD.DE) and L&G Quality Equity Dividends ESG Exclusions Asia Pacific ex-Japan UCITS ETF (LGGA.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.
| BOLD.DE | LGGA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.20 | ||
| Sortino ratioReturn per unit of downside risk | -2.82 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.40 | -0.36 |
| Calmar ratioReturn relative to maximum drawdown | 0.13 | 3.41 | -3.29 |
| Martin ratioReturn relative to average drawdown | 0.31 | 10.17 | -9.85 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| BOLD.DE | LGGA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.10 | 2.29 | -2.20 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.18 | 0.61 | +0.57 |
Drawdowns
BOLD.DE vs. LGGA.DE - Drawdown Comparison
The maximum BOLD.DE drawdown since its inception was -16.73%, smaller than the maximum LGGA.DE drawdown of -25.95%. Use the drawdown chart below to compare losses from any high point for BOLD.DE and LGGA.DE.
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Drawdown Indicators
| BOLD.DE | LGGA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.73% | -25.95% | +9.22% |
Max Drawdown (1Y)Largest decline over 1 year | -16.73% | -10.84% | -5.89% |
Max Drawdown (3Y)Largest decline over 3 years | -16.73% | -18.61% | +1.88% |
Current DrawdownCurrent decline from peak | -16.73% | -2.63% | -14.10% |
Average DrawdownAverage peak-to-trough decline | -4.24% | -6.69% | +2.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.86% | 3.65% | +3.21% |
Volatility
BOLD.DE vs. LGGA.DE - Volatility Comparison
21Shares Bitcoin Gold ETP (BOLD.DE) and L&G Quality Equity Dividends ESG Exclusions Asia Pacific ex-Japan UCITS ETF (LGGA.DE) have volatilities of 5.37% and 5.16%, 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
| BOLD.DE | LGGA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.37% | 5.16% | +0.21% |
Volatility (6M)Calculated over the trailing 6-month period | 18.78% | 12.87% | +5.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.16% | 16.23% | +5.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.01% | 15.82% | +2.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.01% | 15.82% | +2.19% |
BOLD.DE vs. LGGA.DE - Expense Ratio Comparison
BOLD.DE has a 0.65% expense ratio, which is higher than LGGA.DE's 0.40% expense ratio.
Dividends
BOLD.DE vs. LGGA.DE - Dividend Comparison
BOLD.DE has not paid dividends to shareholders, while LGGA.DE's dividend yield for the trailing twelve months is around 3.76%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
BOLD.DE 21Shares Bitcoin Gold ETP | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
LGGA.DE L&G Quality Equity Dividends ESG Exclusions Asia Pacific ex-Japan UCITS ETF | 3.76% | 4.29% | 4.70% | 5.40% | 4.98% | 1.60% |
Frequently Asked Questions
BOLD.DE and LGGA.DE have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, LGGA.DE is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.
LGGA.DE is cheaper with a 0.40% expense ratio, compared with 0.65% for BOLD.DE.
BOLD.DE is categorized as Cryptocurrency, while LGGA.DE is Asia Pacific Equities. They also come from different issuers: 21Shares and Legal & General. Their fees differ too: 0.65% for BOLD.DE and 0.40% for LGGA.DE.
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