ECOG.L vs. FOGB.L

Last updated Jul 16, 2026

ECOG.L (Legal & General UCITS ETF plc - L&G Ecommerce Logistics UCITS ETF) and FOGB.L (Rize Sustainable Future of Food UCITS ETF A USD) are both Technology Equities funds - ECOG.L tracks the MSCI World/Information Tech NR USD while FOGB.L tracks the Rize Sustainable Future of Food UCITS ETF A USD. Both are passively managed. Over the past 5 years, ECOG.L returned 2.21%/yr vs -8.73%/yr for FOGB.L. A 0.67 correlation means they provide meaningful diversification when combined. ECOG.L charges 0.49%/yr vs 0.45%/yr for FOGB.L.

Performance

ECOG.L vs. FOGB.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Legal & General UCITS ETF plc - L&G Ecommerce Logistics UCITS ETF (ECOG.L) and Rize Sustainable Future of Food UCITS ETF A USD (FOGB.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ECOG.L achieves a 2.21% return, which is significantly lower than FOGB.L's 3.33% return.

ECOG.L

• 1D: 0.72%
• 1M: 3.81%
• 6M: -0.62%
• YTD: 2.21%
• 1Y: 5.94%
• 3Y*: 5.63%
• 5Y*: 2.21%
• 10Y*: —

FOGB.L

• 1D: -0.47%
• 1M: 0.62%
• 6M: -1.77%
• YTD: 3.33%
• 1Y: -4.66%
• 3Y*: -5.08%
• 5Y*: -8.73%
• 10Y*: —

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

ECOG.L vs. FOGB.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
ECOG.L Legal & General UCITS ETF plc - L&G Ecommerce Logistics UCITS ETF	2.21%	3.54%	4.57%	15.08%	-12.19%	19.87%	11.15%
FOGB.L Rize Sustainable Future of Food UCITS ETF A USD	3.33%	-9.49%	-5.72%	-6.98%	-18.26%	2.56%	9.19%

Correlation

The correlation between ECOG.L and FOGB.L is 0.54, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.54
Correlation (3Y) Calculated over the trailing 3-year period	0.60
Correlation (5Y) Calculated over the trailing 5-year period	0.67
Correlation (All Time) Calculated using the full available price history since Sep 3, 2020	0.67

The correlation between ECOG.L and FOGB.L shifts across timeframes, from 0.54 (1 year) to 0.67 (all time), reflecting how their relationship changes across market environments.

Return for Risk

ECOG.L vs. FOGB.L — Risk / Return Rank

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

ECOG.L

ECOG.L Risk / Return Rank: 16
ECOG.L Sharpe Ratio Rank: 16
ECOG.L Sortino Ratio Rank: 15
ECOG.L Omega Ratio Rank: 15
ECOG.L Calmar Ratio Rank: 16
ECOG.L Martin Ratio Rank: 16

FOGB.L

FOGB.L Risk / Return Rank: 7
FOGB.L Sharpe Ratio Rank: 7
FOGB.L Sortino Ratio Rank: 7
FOGB.L Omega Ratio Rank: 7
FOGB.L Calmar Ratio Rank: 7
FOGB.L Martin Ratio Rank: 7

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.

ECOG.L vs. FOGB.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Legal & General UCITS ETF plc - L&G Ecommerce Logistics UCITS ETF (ECOG.L) and Rize Sustainable Future of Food UCITS ETF A USD (FOGB.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.

	ECOG.L	FOGB.L	Difference
Sharpe ratio: Return per unit of total volatility	0.40	-0.21	+0.61
Sortino ratio: Return per unit of downside risk	0.66	-0.19	+0.85
Omega ratio: Gain probability vs. loss probability	1.08	0.98	+0.10
Calmar ratio: Return relative to maximum drawdown	0.46	-0.25	+0.71
Martin ratio: Return relative to average drawdown	1.17	-0.41	+1.58

ECOG.L vs. FOGB.L - Sharpe Ratio Comparison

The current ECOG.L Sharpe Ratio is 0.40, which is higher than the FOGB.L Sharpe Ratio of -0.21. The chart below compares the historical Sharpe Ratios of ECOG.L and FOGB.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

ECOG.L vs. FOGB.L - Drawdown Comparison

The maximum ECOG.L drawdown since its inception was -42.63%, roughly equal to the maximum FOGB.L drawdown of -43.46%. Use the drawdown chart below to compare losses from any high point for ECOG.L and FOGB.L.

Drawdown Indicators

	ECOG.L	FOGB.L	Difference
Max Drawdown Largest peak-to-trough decline	-42.63%	-43.46%	+0.83%
Max Drawdown (1Y) Largest decline over 1 year	-12.80%	-12.73%	-0.07%
Max Drawdown (3Y) Largest decline over 3 years	-23.98%	-23.44%	-0.54%
Max Drawdown (5Y) Largest decline over 5 years	-26.12%	-43.46%	+17.34%
Current Drawdown Current decline from peak	-3.12%	-38.99%	+35.87%
Average Drawdown Average peak-to-trough decline	-15.62%	-24.51%	+8.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.08%	7.79%	-2.71%

Volatility

ECOG.L vs. FOGB.L - Volatility Comparison

Legal & General UCITS ETF plc - L&G Ecommerce Logistics UCITS ETF (ECOG.L) and Rize Sustainable Future of Food UCITS ETF A USD (FOGB.L) have volatilities of 4.36% and 4.25%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ECOG.L	FOGB.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.36%	4.25%	+0.11%
Volatility (6M) Calculated over the trailing 6-month period	11.35%	11.01%	+0.34%
Volatility (1Y) Calculated over the trailing 1-year period	14.84%	15.10%	-0.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.13%	15.83%	+5.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.02%	15.43%	+6.59%

ECOG.L vs. FOGB.L - Expense Ratio Comparison

ECOG.L has a 0.49% expense ratio, which is higher than FOGB.L's 0.45% expense ratio.

Dividends

ECOG.L vs. FOGB.L - Dividend Comparison

Neither ECOG.L nor FOGB.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both ECOG.L and FOGB.L in my portfolio?

ECOG.L and FOGB.L have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ECOG.L or FOGB.L?

On fees, FOGB.L is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ECOG.L or FOGB.L?

FOGB.L is cheaper with a 0.45% expense ratio, compared with 0.49% for ECOG.L.

What is the main difference between ECOG.L and FOGB.L?

ECOG.L tracks MSCI World/Information Tech NR USD, while FOGB.L tracks Rize Sustainable Future of Food UCITS ETF A USD. They also come from different issuers: Legal & General and Rize ETF. Their fees differ too: 0.49% for ECOG.L and 0.45% for FOGB.L.