CAPS.L vs. LGUG.L
CAPS.L (First Trust Capital Strength UCITS ETF Acc) and LGUG.L (L&G US Equity UCITS ETF) are both Large Cap Blend Equities funds tracking the Russell 1000 TR USD, from First Trust and Legal & General respectively. Both are passively managed. Over the past 5 years, CAPS.L returned 6.55%/yr vs 13.94%/yr for LGUG.L. A 0.58 correlation means they provide meaningful diversification when combined. CAPS.L charges 0.60%/yr vs 0.05%/yr for LGUG.L.
Performance
CAPS.L vs. LGUG.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CAPS.L achieves a 2.62% return, which is significantly lower than LGUG.L's 10.51% return.
CAPS.L
- 1D
- 0.00%
- 1M
- 1.04%
- YTD
- 2.62%
- 6M
- 2.86%
- 1Y
- 8.05%
- 3Y*
- 7.84%
- 5Y*
- 6.55%
- 10Y*
- —
LGUG.L
- 1D
- 0.71%
- 1M
- 1.30%
- YTD
- 10.51%
- 6M
- 10.58%
- 1Y
- 27.39%
- 3Y*
- 19.75%
- 5Y*
- 13.94%
- 10Y*
- —
CAPS.L vs. LGUG.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
CAPS.L First Trust Capital Strength UCITS ETF Acc | 2.62% | -0.65% | 12.99% | 2.23% | 0.52% | -6.71% | 11.84% |
LGUG.L L&G US Equity UCITS ETF | 10.51% | 9.75% | 27.44% | 21.53% | -10.98% | 29.52% | 12.43% |
Correlation
The correlation between CAPS.L and LGUG.L is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.28 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.51 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.63 |
Correlation (All Time) Calculated using the full available price history since Jan 23, 2020 | 0.58 |
Over the past year, the correlation between CAPS.L and LGUG.L has dropped to 0.28 - well below their long-term average of 0.58, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
CAPS.L vs. LGUG.L — Risk / Return Rank
CAPS.L
LGUG.L
CAPS.L vs. LGUG.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Capital Strength UCITS ETF Acc (CAPS.L) and L&G US Equity UCITS ETF (LGUG.L). 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.
| CAPS.L | LGUG.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.44 | ||
| Sortino ratioReturn per unit of downside risk | +136.36 | ||
| Omega ratioGain probability vs. loss probability | 78.23 | 1.45 | +76.78 |
| Calmar ratioReturn relative to maximum drawdown | 0.08 | 3.40 | -3.32 |
| Martin ratioReturn relative to average drawdown | 0.32 | 11.37 | -11.05 |
Loading charts...
Drawdowns
CAPS.L vs. LGUG.L - Drawdown Comparison
The maximum CAPS.L drawdown since its inception was -99.07%, which is greater than LGUG.L's maximum drawdown of -30.90%. Use the drawdown chart below to compare losses from any high point for CAPS.L and LGUG.L.
Loading charts...
Drawdown Indicators
| CAPS.L | LGUG.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.07% | -30.90% | -68.17% |
Max Drawdown (1Y)Largest decline over 1 year | -99.02% | -8.01% | -91.01% |
Max Drawdown (3Y)Largest decline over 3 years | -99.07% | -21.49% | -77.58% |
Max Drawdown (5Y)Largest decline over 5 years | -99.07% | -21.49% | -77.58% |
Current DrawdownCurrent decline from peak | -4.00% | -0.57% | -3.43% |
Average DrawdownAverage peak-to-trough decline | -13.00% | -7.12% | -5.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 25.17% | 2.40% | +22.77% |
Volatility
CAPS.L vs. LGUG.L - Volatility Comparison
The current volatility for First Trust Capital Strength UCITS ETF Acc (CAPS.L) is 3.04%, while L&G US Equity UCITS ETF (LGUG.L) has a volatility of 3.52%. This indicates that CAPS.L experiences smaller price fluctuations and is considered to be less risky than LGUG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CAPS.L | LGUG.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.04% | 3.52% | -0.48% |
Volatility (6M)Calculated over the trailing 6-month period | 7.41% | 8.00% | -0.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 13,922.66% | 11.19% | +13,911.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6,238.45% | 20.33% | +6,218.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5,503.51% | 21.46% | +5,482.05% |
CAPS.L vs. LGUG.L - Expense Ratio Comparison
CAPS.L has a 0.60% expense ratio, which is higher than LGUG.L's 0.05% expense ratio.
Dividends
CAPS.L vs. LGUG.L - Dividend Comparison
Neither CAPS.L nor LGUG.L has paid dividends to shareholders.
Frequently Asked Questions
CAPS.L and LGUG.L have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, LGUG.L is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
LGUG.L is cheaper with a 0.05% expense ratio, compared with 0.60% for CAPS.L.
Both ETFs track Russell 1000 TR USD. They also come from different issuers: First Trust and Legal & General. Their fees differ too: 0.60% for CAPS.L and 0.05% for LGUG.L.
Find the right allocation for CAPS.L and LGUG.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer