PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
CZX.DE vs. LCUK.DE
Performance
Return for Risk
Drawdowns
Volatility
Dividends

CZX.DE vs. LCUK.DE

Last updated Jul 16, 2026
Documentation

CZX.DE (Expat Czech PX UCITS ETF) and LCUK.DE (Lyxor Core UK Equity All Cap (DR) UCITS ETF - Dist) are both Europe Equities funds - CZX.DE tracks the PX Index while LCUK.DE tracks the FTSE AllSh TR GBP. Both are passively managed. Over the past 5 years, CZX.DE returned 17.96%/yr vs 11.45%/yr for LCUK.DE. At a 0.32 correlation, their price movements are largely independent. CZX.DE charges 1.38%/yr vs 0.04%/yr for LCUK.DE.

Performance

CZX.DE vs. LCUK.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Expat Czech PX UCITS ETF (CZX.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.

Loading charts...

Returns By Period

In the year-to-date period, CZX.DE achieves a -0.76% return, which is significantly lower than LCUK.DE's 10.27% return.

CZX.DE

1D
0.09%
1M
0.94%
6M
-2.81%
YTD
-0.76%
1Y
25.11%
3Y*
26.57%
5Y*
17.96%
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)

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

2026 (YTD)20252024202320222021202020192018
CZX.DE
Expat Czech PX UCITS ETF		-0.76%59.06%25.21%15.53%-14.17%36.32%-8.82%15.70%-18.19%
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%6.78%

Correlation

The correlation between CZX.DE and LCUK.DE is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.

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

0.29

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

0.26

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

0.28

Correlation (All Time)
Calculated using the full available price history since Mar 19, 2018

0.32

Compare stocks, funds, or ETFs

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

Expat Czech PX 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

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

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
CZX.DE
CZX.DE Risk / Return Rank: 4848
Overall Rank
CZX.DE Sharpe Ratio Rank: 5151
Sharpe Ratio Rank
CZX.DE Sortino Ratio Rank: 5050
Sortino Ratio Rank
CZX.DE Omega Ratio Rank: 5151
Omega Ratio Rank
CZX.DE Calmar Ratio Rank: 4848
Calmar Ratio Rank
CZX.DE Martin Ratio Rank: 4040
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.

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

This table presents a comparison of risk-adjusted performance metrics for Expat Czech PX UCITS ETF (CZX.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.

CZX.DELCUK.DEDifference
Sharpe ratioReturn per unit of total volatility
1.46
1.80

-0.34

Sortino ratioReturn per unit of downside risk
2.05
2.49

-0.44

Omega ratioGain probability vs. loss probability

1.27

1.33

-0.06

Calmar ratioReturn relative to maximum drawdown

2.04

2.72

-0.68

Martin ratioReturn relative to average drawdown

5.25

9.69

-4.44

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

The current CZX.DE Sharpe Ratio is 1.46, which is comparable to the LCUK.DE Sharpe Ratio of 1.80. The chart below compares the historical Sharpe Ratios of CZX.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.

Loading charts...

Drawdowns

CZX.DE vs. LCUK.DE - Drawdown Comparison

The maximum CZX.DE drawdown since its inception was -41.92%, roughly equal to the maximum LCUK.DE drawdown of -41.09%. Use the drawdown chart below to compare losses from any high point for CZX.DE and LCUK.DE.

Loading charts...

Drawdown Indicators

CZX.DELCUK.DEDifference

Max Drawdown

Largest peak-to-trough decline

-41.92%

-41.09%

-0.83%

Max Drawdown (1Y)

Largest decline over 1 year

-12.60%

-8.28%

-4.32%

Max Drawdown (3Y)

Largest decline over 3 years

-12.60%

-16.66%

+4.06%

Max Drawdown (5Y)

Largest decline over 5 years

-25.87%

-16.66%

-9.21%

Current Drawdown

Current decline from peak

-4.39%

-0.57%

-3.82%

Average Drawdown

Average peak-to-trough decline

-8.94%

-5.58%

-3.36%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.90%

2.33%

+2.57%

Volatility

CZX.DE vs. LCUK.DE - Volatility Comparison

Expat Czech PX UCITS ETF (CZX.DE) has a higher volatility of 4.33% compared to Lyxor Core UK Equity All Cap (DR) UCITS ETF - Dist (LCUK.DE) at 3.46%. This indicates that CZX.DE's price experiences larger fluctuations and is considered to be riskier than LCUK.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

CZX.DELCUK.DEDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.33%

3.46%

+0.87%

Volatility (6M)

Calculated over the trailing 6-month period

14.19%

10.55%

+3.64%

Volatility (1Y)

Calculated over the trailing 1-year period

17.56%

12.52%

+5.04%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.14%

14.11%

+3.03%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.39%

20.33%

-1.94%

CZX.DE vs. LCUK.DE - Expense Ratio Comparison

CZX.DE has a 1.38% expense ratio, which is higher than LCUK.DE's 0.04% expense ratio.

Dividends

CZX.DE vs. LCUK.DE - Dividend Comparison

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

PositionTTM2025202420232022202120202019
CZX.DE
Expat Czech PX 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

CZX.DE and LCUK.DE have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, LCUK.DE is cheaper at 0.04% per year. The better choice depends on whether you care most about return, fees, risk, or income.

LCUK.DE is cheaper with a 0.04% expense ratio, compared with 1.38% for CZX.DE.

CZX.DE tracks PX Index, while LCUK.DE tracks FTSE AllSh TR GBP. They also come from different issuers: Expat and Amundi. Their fees differ too: 1.38% for CZX.DE and 0.04% for LCUK.DE.

Portfolio Optimizer

Find the right allocation for CZX.DE and LCUK.DE

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