EQDS.L vs. LDEG.L

Last updated Apr 2, 2026

Compare and contrast key facts about iShares MSCI Europe Quality Dividend ESG UCITS ETF EUR (Dist) (EQDS.L) and L&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF (LDEG.L).

EQDS.L and LDEG.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EQDS.L is a passively managed fund by iShares that tracks the performance of the MSCI Europe High Div Yld NR EUR. It was launched on Jun 12, 2017. LDEG.L is a passively managed fund by Legal & General that tracks the performance of the MSCI Europe Ex UK NR EUR. It was launched on Apr 12, 2021. Both EQDS.L and LDEG.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

EQDS.L vs. LDEG.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in iShares MSCI Europe Quality Dividend ESG UCITS ETF EUR (Dist) (EQDS.L) and L&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF (LDEG.L). The values are adjusted to include any dividend payments, if applicable.

EQDS.L vs. LDEG.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
EQDS.L iShares MSCI Europe Quality Dividend ESG UCITS ETF EUR (Dist)	0.77%	16.53%	6.00%	12.95%	7.23%	3.40%
LDEG.L L&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF	6.14%	45.02%	8.90%	14.41%	3.49%	2.89%

Returns By Period

In the year-to-date period, EQDS.L achieves a 0.77% return, which is significantly lower than LDEG.L's 6.14% return.

EQDS.L

• 1D: 1.42%
• 1M: -4.38%
• YTD: 0.77%
• 6M: 2.93%
• 1Y: 11.22%
• 3Y*: 9.40%
• 5Y*: 10.48%
• 10Y*: —

LDEG.L

• 1D: 1.77%
• 1M: -1.27%
• YTD: 6.14%
• 6M: 14.03%
• 1Y: 32.36%
• 3Y*: 22.95%
• 5Y*: —
• 10Y*: —

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

EQDS.L vs. LDEG.L - Expense Ratio Comparison

EQDS.L has a 0.28% expense ratio, which is higher than LDEG.L's 0.25% expense ratio.

EQDS.L

iShares MSCI Europe Quality Dividend ESG UCITS ETF EUR (Dist)

LDEG.L

L&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF

Return for Risk

EQDS.L vs. LDEG.L — Risk / Return Rank

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

EQDS.L

EQDS.L Risk / Return Rank: 43
EQDS.L Sharpe Ratio Rank: 46
EQDS.L Sortino Ratio Rank: 42
EQDS.L Omega Ratio Rank: 44
EQDS.L Calmar Ratio Rank: 42
EQDS.L Martin Ratio Rank: 41

LDEG.L

LDEG.L Risk / Return Rank: 94
LDEG.L Sharpe Ratio Rank: 94
LDEG.L Sortino Ratio Rank: 94
LDEG.L Omega Ratio Rank: 94
LDEG.L Calmar Ratio Rank: 95
LDEG.L Martin Ratio Rank: 92

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.

EQDS.L vs. LDEG.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Europe Quality Dividend ESG UCITS ETF EUR (Dist) (EQDS.L) and L&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF (LDEG.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.

	EQDS.L	LDEG.L	Difference
Sharpe ratio Return per unit of total volatility	0.90	2.37	-1.47
Sortino ratio Return per unit of downside risk	1.24	2.95	-1.71
Omega ratio Gain probability vs. loss probability	1.18	1.46	-0.28
Calmar ratio Return relative to maximum drawdown	1.19	4.08	-2.89
Martin ratio Return relative to average drawdown	4.16	13.87	-9.71
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EQDS.L vs. LDEG.L - Sharpe Ratio Comparison

The current EQDS.L Sharpe Ratio is 0.90, which is lower than the LDEG.L Sharpe Ratio of 2.37. The chart below compares the historical Sharpe Ratios of EQDS.L and LDEG.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	EQDS.L	LDEG.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.90	2.37	-1.47
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.85	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.55	1.21	-0.66

Correlation

The correlation between EQDS.L and LDEG.L is 0.72, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

EQDS.L vs. LDEG.L - Dividend Comparison

EQDS.L's dividend yield for the trailing twelve months is around 3.34%, which matches LDEG.L's 3.31% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
EQDS.L iShares MSCI Europe Quality Dividend ESG UCITS ETF EUR (Dist)	3.34%	2.96%	3.16%	3.58%	4.14%	4.63%	3.23%	4.52%	5.06%	0.76%
LDEG.L L&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF	3.31%	3.48%	4.28%	4.18%	3.76%	3.16%	0.00%	0.00%	0.00%	0.00%

Drawdowns

EQDS.L vs. LDEG.L - Drawdown Comparison

The maximum EQDS.L drawdown since its inception was -32.52%, which is greater than LDEG.L's maximum drawdown of -15.97%. Use the drawdown chart below to compare losses from any high point for EQDS.L and LDEG.L.

Drawdown Indicators

	EQDS.L	LDEG.L	Difference
Max Drawdown Largest peak-to-trough decline	-32.52%	-15.97%	-16.55%
Max Drawdown (1Y) Largest decline over 1 year	-9.60%	-9.66%	+0.06%
Max Drawdown (5Y) Largest decline over 5 years	-11.74%	—	—
Current Drawdown Current decline from peak	-6.11%	-3.09%	-3.02%
Average Drawdown Average peak-to-trough decline	-4.02%	-3.01%	-1.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.74%	2.36%	+0.38%

Volatility

EQDS.L vs. LDEG.L - Volatility Comparison

The current volatility for iShares MSCI Europe Quality Dividend ESG UCITS ETF EUR (Dist) (EQDS.L) is 4.46%, while L&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF (LDEG.L) has a volatility of 5.28%. This indicates that EQDS.L experiences smaller price fluctuations and is considered to be less risky than LDEG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EQDS.L	LDEG.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.46%	5.28%	-0.82%
Volatility (6M) Calculated over the trailing 6-month period	8.12%	9.07%	-0.95%
Volatility (1Y) Calculated over the trailing 1-year period	12.49%	13.62%	-1.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.36%	16.18%	-3.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.83%	16.18%	-0.35%