DXJG.L vs. LDAP.L

Last updated Jul 16, 2026

DXJG.L (WisdomTree Japan Equity UCITS ETF JPY Acc) and LDAP.L (L&G APAC ex-Japan Quality Dividends Equal Weight ETF USD Dis) are both Japan Equities funds - DXJG.L tracks the TOPIX TR JPY while LDAP.L tracks the L&G APAC ex-Japan Quality Dividends Equal Weight ETF USD Dis. Both are passively managed. Over the past 5 years, DXJG.L returned 14.55%/yr vs 9.65%/yr for LDAP.L. At a 0.44 correlation, their price movements are largely independent. Both charge a 0.40% expense ratio.

Performance

DXJG.L vs. LDAP.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in WisdomTree Japan Equity UCITS ETF JPY Acc (DXJG.L) and L&G APAC ex-Japan Quality Dividends Equal Weight ETF USD Dis (LDAP.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

DXJG.L is traded in GBp, while LDAP.L is traded in USD. To make them comparable, the LDAP.L values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, DXJG.L achieves a 17.67% return, which is significantly higher than LDAP.L's 14.69% return.

DXJG.L

• 1D: -1.59%
• 1M: 0.95%
• 6M: 10.50%
• YTD: 17.67%
• 1Y: 37.73%
• 3Y*: 20.21%
• 5Y*: 14.55%
• 10Y*: 11.03%

LDAP.L

• 1D: 0.00%
• 1M: -4.06%
• 6M: 12.95%
• YTD: 14.69%
• 1Y: 20.99%
• 3Y*: 18.06%
• 5Y*: 9.65%
• 10Y*: —

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

DXJG.L vs. LDAP.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
DXJG.L WisdomTree Japan Equity UCITS ETF JPY Acc	17.67%	19.87%	13.08%	18.87%	1.09%	1.05%
LDAP.L L&G APAC ex-Japan Quality Dividends Equal Weight ETF USD Dis	14.69%	25.93%	5.62%	3.68%	1.90%	-98.99%

Correlation

The correlation between DXJG.L and LDAP.L is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.41
Correlation (3Y) Calculated over the trailing 3-year period	0.41
Correlation (5Y) Calculated over the trailing 5-year period	0.43
Correlation (All Time) Calculated using the full available price history since Apr 12, 2021	0.44

Return for Risk

DXJG.L vs. LDAP.L — Risk / Return Rank

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

DXJG.L

DXJG.L Risk / Return Rank: 77
DXJG.L Sharpe Ratio Rank: 78
DXJG.L Sortino Ratio Rank: 76
DXJG.L Omega Ratio Rank: 75
DXJG.L Calmar Ratio Rank: 83
DXJG.L Martin Ratio Rank: 73

LDAP.L

LDAP.L Risk / Return Rank: 55
LDAP.L Sharpe Ratio Rank: 58
LDAP.L Sortino Ratio Rank: 58
LDAP.L Omega Ratio Rank: 54
LDAP.L Calmar Ratio Rank: 57
LDAP.L Martin Ratio Rank: 46

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.

DXJG.L vs. LDAP.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Japan Equity UCITS ETF JPY Acc (DXJG.L) and L&G APAC ex-Japan Quality Dividends Equal Weight ETF USD Dis (LDAP.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.

	DXJG.L	LDAP.L	Difference
Sharpe ratio: Return per unit of total volatility	1.99	1.49	+0.50
Sortino ratio: Return per unit of downside risk	2.72	2.09	+0.63
Omega ratio: Gain probability vs. loss probability	1.35	1.27	+0.08
Calmar ratio: Return relative to maximum drawdown	3.58	2.28	+1.30
Martin ratio: Return relative to average drawdown	10.81	5.83	+4.98

DXJG.L vs. LDAP.L - Sharpe Ratio Comparison

The current DXJG.L Sharpe Ratio is 1.99, which is higher than the LDAP.L Sharpe Ratio of 1.49. The chart below compares the historical Sharpe Ratios of DXJG.L and LDAP.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

DXJG.L vs. LDAP.L - Drawdown Comparison

The maximum DXJG.L drawdown since its inception was -28.93%, smaller than the maximum LDAP.L drawdown of -99.19%. Use the drawdown chart below to compare losses from any high point for DXJG.L and LDAP.L.

Drawdown Indicators

	DXJG.L	LDAP.L	Difference
Max Drawdown Largest peak-to-trough decline	-28.93%	-99.19%	+70.26%
Max Drawdown (1Y) Largest decline over 1 year	-10.49%	-9.62%	-0.87%
Max Drawdown (3Y) Largest decline over 3 years	-20.19%	-20.15%	-0.04%
Max Drawdown (5Y) Largest decline over 5 years	-20.19%	-26.81%	+6.62%
Max Drawdown (10Y) Largest decline over 10 years	-28.93%	—	—
Current Drawdown Current decline from peak	-3.76%	-98.38%	+94.62%
Average Drawdown Average peak-to-trough decline	-5.81%	-98.64%	+92.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.48%	3.78%	-0.30%

Volatility

DXJG.L vs. LDAP.L - Volatility Comparison

WisdomTree Japan Equity UCITS ETF JPY Acc (DXJG.L) has a higher volatility of 5.75% compared to L&G APAC ex-Japan Quality Dividends Equal Weight ETF USD Dis (LDAP.L) at 4.84%. This indicates that DXJG.L's price experiences larger fluctuations and is considered to be riskier than LDAP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DXJG.L	LDAP.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.75%	4.84%	+0.91%
Volatility (6M) Calculated over the trailing 6-month period	15.63%	12.40%	+3.23%
Volatility (1Y) Calculated over the trailing 1-year period	18.84%	14.79%	+4.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.40%	26.52%	-5.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.59%	50.34%	-31.75%

DXJG.L vs. LDAP.L - Expense Ratio Comparison

Both DXJG.L and LDAP.L have an expense ratio of 0.40%.

Dividends

DXJG.L vs. LDAP.L - Dividend Comparison

DXJG.L has not paid dividends to shareholders, while LDAP.L's dividend yield for the trailing twelve months is around 3.83%.

Position	TTM	2025	2024	2023	2022	2021
DXJG.L WisdomTree Japan Equity UCITS ETF JPY Acc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
LDAP.L L&G APAC ex-Japan Quality Dividends Equal Weight ETF USD Dis	3.83%	4.23%	4.86%	5.25%	4.92%	2.23%

Frequently Asked Questions

Can I hold both DXJG.L and LDAP.L in my portfolio?

DXJG.L and LDAP.L have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DXJG.L or LDAP.L?

Both ETFs have the same 0.40% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DXJG.L or LDAP.L?

DXJG.L and LDAP.L have the same expense ratio: 0.40% per year.

What is the main difference between DXJG.L and LDAP.L?

DXJG.L tracks TOPIX TR JPY, while LDAP.L tracks L&G APAC ex-Japan Quality Dividends Equal Weight ETF USD Dis. They also come from different issuers: WisdomTree and L&G.