DPGT.L vs. IQCY.L

Last updated Jun 3, 2026

DPGT.L (Dimensional Global Targeted Value UCITS ETF USD Acc) and IQCY.L (Lyxor MSCI Smart Cities ESG Filtered (DR) UCITS ETF - Acc) are both Global Equities funds. DPGT.L is actively managed, while IQCY.L is passively managed. A 0.63 correlation means they provide meaningful diversification when combined. DPGT.L charges 0.44%/yr vs 0.45%/yr for IQCY.L.

Performance

DPGT.L vs. IQCY.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Dimensional Global Targeted Value UCITS ETF USD Acc (DPGT.L) and Lyxor MSCI Smart Cities ESG Filtered (DR) UCITS ETF - Acc (IQCY.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DPGT.L achieves a 7.97% return, which is significantly lower than IQCY.L's 31.96% return.

DPGT.L

• 1D: 0.33%
• 1M: 2.50%
• YTD: 7.97%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

IQCY.L

• 1D: 0.76%
• 1M: 14.82%
• YTD: 31.96%
• 6M: 31.45%
• 1Y: 53.33%
• 3Y*: 93.23%
• 5Y*: 49.20%
• 10Y*: —

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

DPGT.L vs. IQCY.L - Yearly Performance Comparison

	2026 (YTD)	2025
DPGT.L Dimensional Global Targeted Value UCITS ETF USD Acc	7.97%	-0.48%
IQCY.L Lyxor MSCI Smart Cities ESG Filtered (DR) UCITS ETF - Acc	31.96%	-0.78%

Correlation

The correlation between DPGT.L and IQCY.L is 0.63, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 23, 2025	0.63

Return for Risk

DPGT.L vs. IQCY.L — Risk / Return Rank

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

IQCY.L

IQCY.L Risk / Return Rank: 90
IQCY.L Sharpe Ratio Rank: 92
IQCY.L Sortino Ratio Rank: 92
IQCY.L Omega Ratio Rank: 90
IQCY.L Calmar Ratio Rank: 90
IQCY.L Martin Ratio Rank: 83

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.

DPGT.L vs. IQCY.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dimensional Global Targeted Value UCITS ETF USD Acc (DPGT.L) and Lyxor MSCI Smart Cities ESG Filtered (DR) UCITS ETF - Acc (IQCY.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.

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

Sharpe Ratios by Period

	DPGT.L	IQCY.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	3.32	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.37	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.68	0.39	+1.29

Drawdowns

DPGT.L vs. IQCY.L - Drawdown Comparison

The maximum DPGT.L drawdown since its inception was -7.65%, smaller than the maximum IQCY.L drawdown of -22.65%. Use the drawdown chart below to compare losses from any high point for DPGT.L and IQCY.L.

Drawdown Indicators

	DPGT.L	IQCY.L	Difference
Max Drawdown Largest peak-to-trough decline	-7.65%	-22.65%	+15.00%
Max Drawdown (1Y) Largest decline over 1 year	—	-9.40%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-21.98%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-22.65%	—
Current Drawdown Current decline from peak	-0.07%	0.00%	-0.07%
Average Drawdown Average peak-to-trough decline	-2.00%	-6.23%	+4.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.13%	—

Volatility

Volatility by Period

	DPGT.L	IQCY.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.33%	—
Volatility (6M) Calculated over the trailing 6-month period	—	12.49%	—
Volatility (1Y) Calculated over the trailing 1-year period	10.82%	16.05%	-5.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.82%	131.45%	-120.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.82%	119.54%	-108.72%

DPGT.L vs. IQCY.L - Expense Ratio Comparison

DPGT.L has a 0.44% expense ratio, which is lower than IQCY.L's 0.45% expense ratio.

Dividends

DPGT.L vs. IQCY.L - Dividend Comparison

Neither DPGT.L nor IQCY.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both DPGT.L and IQCY.L in my portfolio?

DPGT.L and IQCY.L have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DPGT.L or IQCY.L?

On fees, DPGT.L is cheaper at 0.44% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DPGT.L or IQCY.L?

DPGT.L is cheaper with a 0.44% expense ratio, compared with 0.45% for IQCY.L.

What is the main difference between DPGT.L and IQCY.L?

They also come from different issuers: Dimensional and Amundi. Their fees differ too: 0.44% for DPGT.L and 0.45% for IQCY.L.