ENDH.DE vs. ETLX.DE
ENDH.DE (L&G ESG Emerging Markets Government Bond (USD) 0-5 Year UCITS ETF (EUR Hedged) Acc) and ETLX.DE (L&G Gold Mining UCITS ETF) are both exchange-traded funds - ENDH.DE is a Emerging Markets Bonds fund tracking the J.P. Morgan ESG EMBI Global Diversified Short-Term Custom Maturity (EUR Hedged), while ETLX.DE is a Precious Metals fund tracking the DAXglobal® Gold Miners. Both are passively managed. Over the past 3 years, ENDH.DE returned 6.26%/yr vs 46.63%/yr for ETLX.DE. At a 0.30 correlation, their price movements are largely independent. ENDH.DE charges 0.28%/yr vs 0.65%/yr for ETLX.DE.
Performance
ENDH.DE vs. ETLX.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ENDH.DE achieves a -0.08% return, which is significantly higher than ETLX.DE's -2.30% return.
ENDH.DE
- 1D
- 0.37%
- 1M
- -1.14%
- YTD
- -0.08%
- 6M
- 0.41%
- 1Y
- 3.85%
- 3Y*
- 6.26%
- 5Y*
- —
- 10Y*
- —
ETLX.DE
- 1D
- 0.57%
- 1M
- -6.27%
- YTD
- -2.30%
- 6M
- 5.08%
- 1Y
- 60.19%
- 3Y*
- 46.63%
- 5Y*
- 23.41%
- 10Y*
- 15.32%
ENDH.DE vs. ETLX.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
ENDH.DE L&G ESG Emerging Markets Government Bond (USD) 0-5 Year UCITS ETF (EUR Hedged) Acc | -0.08% | 7.89% | 6.59% | 5.41% | -2.17% |
ETLX.DE L&G Gold Mining UCITS ETF | -2.30% | 152.55% | 27.41% | 11.05% | -11.69% |
Correlation
The correlation between ENDH.DE and ETLX.DE is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.35 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since May 12, 2022 | 0.30 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ENDH.DE vs. ETLX.DE — Risk / Return Rank
ENDH.DE
ETLX.DE
ENDH.DE vs. ETLX.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for L&G ESG Emerging Markets Government Bond (USD) 0-5 Year UCITS ETF (EUR Hedged) Acc (ENDH.DE) and L&G Gold Mining UCITS ETF (ETLX.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.
| ENDH.DE | ETLX.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.41 | ||
| Sortino ratioReturn per unit of downside risk | -0.45 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.23 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 1.73 | 2.11 | -0.38 |
| Martin ratioReturn relative to average drawdown | 6.28 | 5.29 | +0.99 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| ENDH.DE | ETLX.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.92 | 1.33 | -0.41 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.64 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.45 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.86 | 0.23 | +0.64 |
Drawdowns
ENDH.DE vs. ETLX.DE - Drawdown Comparison
The maximum ENDH.DE drawdown since its inception was -6.78%, smaller than the maximum ETLX.DE drawdown of -73.44%. Use the drawdown chart below to compare losses from any high point for ENDH.DE and ETLX.DE.
Loading charts...
Drawdown Indicators
| ENDH.DE | ETLX.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -6.78% | -73.44% | +66.66% |
Max Drawdown (1Y)Largest decline over 1 year | -2.21% | -28.89% | +26.68% |
Max Drawdown (3Y)Largest decline over 3 years | -2.71% | -28.89% | +26.18% |
Max Drawdown (5Y)Largest decline over 5 years | — | -42.03% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -47.05% | — |
Current DrawdownCurrent decline from peak | -1.33% | -24.71% | +23.38% |
Average DrawdownAverage peak-to-trough decline | -1.11% | -34.69% | +33.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.61% | 11.52% | -10.91% |
Volatility
ENDH.DE vs. ETLX.DE - Volatility Comparison
The current volatility for L&G ESG Emerging Markets Government Bond (USD) 0-5 Year UCITS ETF (EUR Hedged) Acc (ENDH.DE) is 2.69%, while L&G Gold Mining UCITS ETF (ETLX.DE) has a volatility of 14.03%. This indicates that ENDH.DE experiences smaller price fluctuations and is considered to be less risky than ETLX.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ENDH.DE | ETLX.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.69% | 14.03% | -11.34% |
Volatility (6M)Calculated over the trailing 6-month period | 3.74% | 35.22% | -31.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.17% | 45.70% | -41.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.89% | 36.04% | -31.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.89% | 33.83% | -28.94% |
ENDH.DE vs. ETLX.DE - Expense Ratio Comparison
ENDH.DE has a 0.28% expense ratio, which is lower than ETLX.DE's 0.65% expense ratio.
Dividends
ENDH.DE vs. ETLX.DE - Dividend Comparison
Neither ENDH.DE nor ETLX.DE has paid dividends to shareholders.
Frequently Asked Questions
ENDH.DE and ETLX.DE have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ENDH.DE is cheaper at 0.28% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ENDH.DE is cheaper with a 0.28% expense ratio, compared with 0.65% for ETLX.DE.
ENDH.DE is categorized as Emerging Markets Bonds, while ETLX.DE is Precious Metals. ENDH.DE tracks J.P. Morgan ESG EMBI Global Diversified Short-Term Custom Maturity (EUR Hedged), while ETLX.DE tracks DAXglobal® Gold Miners. Their fees differ too: 0.28% for ENDH.DE and 0.65% for ETLX.DE.
Find the right allocation for ENDH.DE and ETLX.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer