EMUG.L vs. LDGL.L
EMUG.L (L&G Emerging Markets Corporate Bond (USD) Screened UCITS ETF USD (Dist)) and LDGL.L (L&G Global Quality Dividends UCITS ETF USD Distributing) are both exchange-traded funds - EMUG.L is a Emerging Markets Bonds fund tracking the J.P. Morgan ESG CEMBI Broad Diversified Custom Maturity Index, while LDGL.L is a Global Equity Income fund tracking the FTSE Developed All Cap Dividend Growth with Quality Index. Both are passively managed. At a correlation of -0.01, they often move in opposite directions. EMUG.L charges 0.35%/yr vs 0.29%/yr for LDGL.L.
Performance
EMUG.L vs. LDGL.L - Performance Comparison
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Different Trading Currencies
EMUG.L is traded in GBp, while LDGL.L is traded in USD. To make them comparable, the LDGL.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
EMUG.L
- 1D
- -2.86%
- 1M
- -3.42%
- 6M
- -4.66%
- YTD
- -4.61%
- 1Y
- -0.64%
- 3Y*
- 3.42%
- 5Y*
- 0.93%
- 10Y*
- —
LDGL.L
- 1D
- 0.00%
- 1M
- 0.70%
- 6M
- 11.58%
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EMUG.L vs. LDGL.L - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
EMUG.L L&G Emerging Markets Corporate Bond (USD) Screened UCITS ETF USD (Dist) | -5.08% |
LDGL.L L&G Global Quality Dividends UCITS ETF USD Distributing | 12.90% |
Correlation
The correlation between EMUG.L and LDGL.L is -0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jan 12, 2026 | -0.01 |
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Return for Risk
EMUG.L vs. LDGL.L — Risk / Return Rank
EMUG.L
LDGL.L
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
EMUG.L vs. LDGL.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for L&G Emerging Markets Corporate Bond (USD) Screened UCITS ETF USD (Dist) (EMUG.L) and L&G Global Quality Dividends UCITS ETF USD Distributing (LDGL.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.
| EMUG.L | LDGL.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.01 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 0.00 | — | — |
| Martin ratioReturn relative to average drawdown | 0.01 | — | — |
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Drawdowns
EMUG.L vs. LDGL.L - Drawdown Comparison
The maximum EMUG.L drawdown since its inception was -30.45%, which is greater than LDGL.L's maximum drawdown of -8.76%. Use the drawdown chart below to compare losses from any high point for EMUG.L and LDGL.L.
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Drawdown Indicators
| EMUG.L | LDGL.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.45% | -8.76% | -21.69% |
Max Drawdown (1Y)Largest decline over 1 year | -6.95% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -8.64% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -11.29% | — | — |
Current DrawdownCurrent decline from peak | -22.67% | -0.40% | -22.27% |
Average DrawdownAverage peak-to-trough decline | -24.29% | -2.20% | -22.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.32% | — | — |
Volatility
EMUG.L vs. LDGL.L - Volatility Comparison
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Volatility by Period
| EMUG.L | LDGL.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.48% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 5.25% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 6.94% | 13.76% | -6.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.08% | 13.76% | -5.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.93% | 13.76% | +0.17% |
EMUG.L vs. LDGL.L - Expense Ratio Comparison
EMUG.L has a 0.35% expense ratio, which is higher than LDGL.L's 0.29% expense ratio.
Dividends
EMUG.L vs. LDGL.L - Dividend Comparison
EMUG.L's dividend yield for the trailing twelve months is around 3.27%, more than LDGL.L's 1.60% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
EMUG.L L&G Emerging Markets Corporate Bond (USD) Screened UCITS ETF USD (Dist) | 3.27% | 5.99% | 4.86% | 4.67% | 3.61% | 1.14% |
LDGL.L L&G Global Quality Dividends UCITS ETF USD Distributing | 1.60% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
EMUG.L and LDGL.L have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, LDGL.L is cheaper at 0.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.
LDGL.L is cheaper with a 0.29% expense ratio, compared with 0.35% for EMUG.L.
EMUG.L is categorized as Emerging Markets Bonds, while LDGL.L is Global Equity Income. EMUG.L tracks J.P. Morgan ESG CEMBI Broad Diversified Custom Maturity Index, while LDGL.L tracks FTSE Developed All Cap Dividend Growth with Quality Index. Their fees differ too: 0.35% for EMUG.L and 0.29% for LDGL.L.
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