COMF.L vs. LDGL.L

Last updated Jul 16, 2026

COMF.L (L&G Longer Dated All Commodities UCITS ETF) and LDGL.L (L&G Global Quality Dividends UCITS ETF USD Distributing) are both exchange-traded funds - COMF.L is a Commodities fund tracking the Bloomberg Commodity Index 3 Month Forward Total Return, while LDGL.L is a Global Equity Income fund tracking the FTSE Developed All Cap Dividend Growth with Quality Index. Both are passively managed. At a correlation of -0.20, they often move in opposite directions. COMF.L charges 0.30%/yr vs 0.29%/yr for LDGL.L.

Performance

COMF.L vs. LDGL.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in L&G Longer Dated All Commodities UCITS ETF (COMF.L) and L&G Global Quality Dividends UCITS ETF USD Distributing (LDGL.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

COMF.L

• 1D: 0.39%
• 1M: 1.29%
• 6M: 10.85%
• YTD: 15.66%
• 1Y: 24.69%
• 3Y*: 11.59%
• 5Y*: 11.24%
• 10Y*: 8.22%

LDGL.L

• 1D: 0.00%
• 1M: 0.54%
• 6M: 11.10%
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

COMF.L vs. LDGL.L - Yearly Performance Comparison

	2026 (YTD)
COMF.L L&G Longer Dated All Commodities UCITS ETF	12.85%
LDGL.L L&G Global Quality Dividends UCITS ETF USD Distributing	12.26%

Correlation

The correlation between COMF.L and LDGL.L is -0.20, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 12, 2026	-0.20

Return for Risk

COMF.L vs. LDGL.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

COMF.L

COMF.L Risk / Return Rank: 58
COMF.L Sharpe Ratio Rank: 67
COMF.L Sortino Ratio Rank: 61
COMF.L Omega Ratio Rank: 66
COMF.L Calmar Ratio Rank: 48
COMF.L Martin Ratio Rank: 48

LDGL.L

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

COMF.L vs. LDGL.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for L&G Longer Dated All Commodities UCITS ETF (COMF.L) and L&G Global Quality Dividends UCITS ETF USD Distributing (LDGL.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.

	COMF.L	LDGL.L	Difference
Sharpe ratio: Return per unit of total volatility	1.76	—	—
Sortino ratio: Return per unit of downside risk	2.32	—	—
Omega ratio: Gain probability vs. loss probability	1.32	—	—
Calmar ratio: Return relative to maximum drawdown	2.00	—	—
Martin ratio: Return relative to average drawdown	6.49	—	—

Drawdowns

COMF.L vs. LDGL.L - Drawdown Comparison

The maximum COMF.L drawdown since its inception was -60.21%, which is greater than LDGL.L's maximum drawdown of -9.46%. Use the drawdown chart below to compare losses from any high point for COMF.L and LDGL.L.

Drawdown Indicators

	COMF.L	LDGL.L	Difference
Max Drawdown Largest peak-to-trough decline	-60.21%	-9.46%	-50.75%
Max Drawdown (1Y) Largest decline over 1 year	-12.25%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-12.25%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-22.56%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-29.69%	—	—
Current Drawdown Current decline from peak	-7.09%	0.00%	-7.09%
Average Drawdown Average peak-to-trough decline	-29.36%	-2.37%	-26.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.77%	—	—

Volatility

Volatility by Period

	COMF.L	LDGL.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.91%	—	—
Volatility (6M) Calculated over the trailing 6-month period	11.59%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	13.87%	14.29%	-0.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.93%	14.29%	+0.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.28%	14.29%	-1.01%

COMF.L vs. LDGL.L - Expense Ratio Comparison

COMF.L has a 0.30% expense ratio, which is higher than LDGL.L's 0.29% expense ratio.

Dividends

COMF.L vs. LDGL.L - Dividend Comparison

COMF.L has not paid dividends to shareholders, while LDGL.L's dividend yield for the trailing twelve months is around 1.60%.

Position	TTM
COMF.L L&G Longer Dated All Commodities UCITS ETF	0.00%
LDGL.L L&G Global Quality Dividends UCITS ETF USD Distributing	1.60%

Frequently Asked Questions

Can I hold both COMF.L and LDGL.L in my portfolio?

COMF.L and LDGL.L have a correlation of -0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, COMF.L or LDGL.L?

On fees, LDGL.L is cheaper at 0.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, COMF.L or LDGL.L?

LDGL.L is cheaper with a 0.29% expense ratio, compared with 0.30% for COMF.L.

What is the main difference between COMF.L and LDGL.L?

COMF.L is categorized as Commodities, while LDGL.L is Global Equity Income. COMF.L tracks Bloomberg Commodity Index 3 Month Forward Total Return, while LDGL.L tracks FTSE Developed All Cap Dividend Growth with Quality Index. Their fees differ too: 0.30% for COMF.L and 0.29% for LDGL.L.