DELG.DE vs. ETLQ.DE
DELG.DE (L&G US ESG Exclusions Paris Aligned UCITS ETF USD Accumulating) and ETLQ.DE (L&G Global Equity UCITS ETF) are both exchange-traded funds - DELG.DE is a Large Cap Blend Equities fund tracking the Foxberry Sustainability Consensus US, while ETLQ.DE is a Global Equities fund tracking the Solactive Core Developed Markets Large & Mid Cap. Both are passively managed. Over the past 5 years, DELG.DE returned 14.64%/yr vs 13.10%/yr for ETLQ.DE. Their correlation of 0.94 suggests significant overlap in exposure. DELG.DE charges 0.12%/yr vs 0.10%/yr for ETLQ.DE.
Performance
DELG.DE vs. ETLQ.DE - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with DELG.DE having a 10.45% return and ETLQ.DE slightly higher at 10.88%.
DELG.DE
- 1D
- -0.17%
- 1M
- 6.20%
- YTD
- 10.45%
- 6M
- 10.40%
- 1Y
- 25.92%
- 3Y*
- 19.55%
- 5Y*
- 14.64%
- 10Y*
- —
ETLQ.DE
- 1D
- 0.00%
- 1M
- 3.89%
- YTD
- 10.88%
- 6M
- 10.99%
- 1Y
- 23.85%
- 3Y*
- 17.73%
- 5Y*
- 13.10%
- 10Y*
- —
DELG.DE vs. ETLQ.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
DELG.DE L&G US ESG Exclusions Paris Aligned UCITS ETF USD Accumulating | 10.45% | 6.14% | 33.62% | 26.50% | -19.07% | 38.54% | 10.87% |
ETLQ.DE L&G Global Equity UCITS ETF | 10.88% | 8.14% | 26.10% | 20.83% | -13.64% | 32.63% | 4.31% |
Correlation
The correlation between DELG.DE and ETLQ.DE is 0.96 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.96 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.95 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.96 |
Correlation (All Time) Calculated using the full available price history since Jan 28, 2020 | 0.94 |
The correlation between DELG.DE and ETLQ.DE has been stable across timeframes, ranging from 0.94 to 0.96 - a consistent structural relationship.
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Return for Risk
DELG.DE vs. ETLQ.DE — Risk / Return Rank
DELG.DE
ETLQ.DE
DELG.DE vs. ETLQ.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for L&G US ESG Exclusions Paris Aligned UCITS ETF USD Accumulating (DELG.DE) and L&G Global Equity UCITS ETF (ETLQ.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.
| DELG.DE | ETLQ.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.14 | ||
| Sortino ratioReturn per unit of downside risk | -0.23 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.39 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 2.82 | 3.56 | -0.74 |
| Martin ratioReturn relative to average drawdown | 10.31 | 14.23 | -3.92 |
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
| DELG.DE | ETLQ.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.99 | 2.13 | -0.14 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.90 | 0.92 | -0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.81 | 0.93 | -0.12 |
Drawdowns
DELG.DE vs. ETLQ.DE - Drawdown Comparison
The maximum DELG.DE drawdown since its inception was -31.08%, smaller than the maximum ETLQ.DE drawdown of -33.38%. Use the drawdown chart below to compare losses from any high point for DELG.DE and ETLQ.DE.
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Drawdown Indicators
| DELG.DE | ETLQ.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.08% | -33.38% | +2.30% |
Max Drawdown (1Y)Largest decline over 1 year | -9.15% | -6.68% | -2.47% |
Max Drawdown (3Y)Largest decline over 3 years | -24.38% | -21.58% | -2.80% |
Max Drawdown (5Y)Largest decline over 5 years | -24.38% | -21.58% | -2.80% |
Current DrawdownCurrent decline from peak | -0.57% | -0.34% | -0.23% |
Average DrawdownAverage peak-to-trough decline | -5.47% | -4.33% | -1.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.51% | 1.68% | +0.83% |
Volatility
DELG.DE vs. ETLQ.DE - Volatility Comparison
L&G US ESG Exclusions Paris Aligned UCITS ETF USD Accumulating (DELG.DE) has a higher volatility of 3.31% compared to L&G Global Equity UCITS ETF (ETLQ.DE) at 2.68%. This indicates that DELG.DE's price experiences larger fluctuations and is considered to be riskier than ETLQ.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DELG.DE | ETLQ.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.31% | 2.68% | +0.63% |
Volatility (6M)Calculated over the trailing 6-month period | 8.95% | 7.77% | +1.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.95% | 11.18% | +1.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.14% | 14.06% | +2.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.82% | 15.74% | +3.08% |
DELG.DE vs. ETLQ.DE - Expense Ratio Comparison
DELG.DE has a 0.12% expense ratio, which is higher than ETLQ.DE's 0.10% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
DELG.DE vs. ETLQ.DE - Dividend Comparison
Neither DELG.DE nor ETLQ.DE has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.96, DELG.DE and ETLQ.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, ETLQ.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ETLQ.DE is cheaper with a 0.10% expense ratio, compared with 0.12% for DELG.DE.
DELG.DE is categorized as Large Cap Blend Equities, while ETLQ.DE is Global Equities. DELG.DE tracks Foxberry Sustainability Consensus US, while ETLQ.DE tracks Solactive Core Developed Markets Large & Mid Cap. Their fees differ too: 0.12% for DELG.DE and 0.10% for ETLQ.DE.
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