ETLK.DE vs. LGQK.DE

Last updated Jun 5, 2026

ETLK.DE (L&G Asia Pacific ex Japan Equity UCITS ETF) and LGQK.DE (Amundi MSCI Pacific Ex Japan UCITS ETF Dist) are both Asia Pacific Equities funds - ETLK.DE tracks the Solactive Core Developed Markets Pacific ex Japan Large & Mid Cap while LGQK.DE tracks the MSCI Pacific ex Japan. Both are passively managed. Over the past 5 years, ETLK.DE returned 5.51%/yr vs 5.53%/yr for LGQK.DE. With a 0.95 correlation, they move nearly in lockstep. ETLK.DE charges 0.10%/yr vs 0.12%/yr for LGQK.DE.

Performance

ETLK.DE vs. LGQK.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in L&G Asia Pacific ex Japan Equity UCITS ETF (ETLK.DE) and Amundi MSCI Pacific Ex Japan UCITS ETF Dist (LGQK.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with ETLK.DE having a 8.76% return and LGQK.DE slightly higher at 9.03%.

ETLK.DE

• 1D: -0.99%
• 1M: -2.56%
• YTD: 8.76%
• 6M: 10.04%
• 1Y: 13.52%
• 3Y*: 10.15%
• 5Y*: 5.51%
• 10Y*: —

LGQK.DE

• 1D: -1.05%
• 1M: -2.05%
• YTD: 9.03%
• 6M: 9.97%
• 1Y: 13.31%
• 3Y*: 10.11%
• 5Y*: 5.53%
• 10Y*: 11.66%

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

ETLK.DE vs. LGQK.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
ETLK.DE L&G Asia Pacific ex Japan Equity UCITS ETF	8.76%	7.52%	11.54%	1.26%	-0.49%	11.62%	-1.71%	15.82%
LGQK.DE Amundi MSCI Pacific Ex Japan UCITS ETF Dist	9.03%	6.49%	12.16%	1.67%	-1.07%	12.33%	56.18%	10.55%

Correlation

The correlation between ETLK.DE and LGQK.DE is 0.89, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.89
Correlation (3Y) Calculated over the trailing 3-year period	0.96
Correlation (5Y) Calculated over the trailing 5-year period	0.96
Correlation (All Time) Calculated using the full available price history since Jan 17, 2019	0.95

The correlation between ETLK.DE and LGQK.DE has been stable across timeframes, ranging from 0.89 to 0.96 - a consistent structural relationship.

Return for Risk

ETLK.DE vs. LGQK.DE — Risk / Return Rank

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

ETLK.DE

ETLK.DE Risk / Return Rank: 38
ETLK.DE Sharpe Ratio Rank: 33
ETLK.DE Sortino Ratio Rank: 34
ETLK.DE Omega Ratio Rank: 32
ETLK.DE Calmar Ratio Rank: 48
ETLK.DE Martin Ratio Rank: 41

LGQK.DE

LGQK.DE Risk / Return Rank: 36
LGQK.DE Sharpe Ratio Rank: 32
LGQK.DE Sortino Ratio Rank: 33
LGQK.DE Omega Ratio Rank: 30
LGQK.DE Calmar Ratio Rank: 45
LGQK.DE Martin Ratio Rank: 40

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.

ETLK.DE vs. LGQK.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for L&G Asia Pacific ex Japan Equity UCITS ETF (ETLK.DE) and Amundi MSCI Pacific Ex Japan UCITS ETF Dist (LGQK.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.

	ETLK.DE	LGQK.DE	Difference
Sharpe ratio: Return per unit of total volatility	1.16	1.14	+0.03
Sortino ratio: Return per unit of downside risk	1.76	1.74	+0.02
Omega ratio: Gain probability vs. loss probability	1.21	1.20	+0.01
Calmar ratio: Return relative to maximum drawdown	2.34	2.21	+0.13
Martin ratio: Return relative to average drawdown	6.47	6.30	+0.17
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ETLK.DE vs. LGQK.DE - Sharpe Ratio Comparison

The current ETLK.DE Sharpe Ratio is 1.16, which is comparable to the LGQK.DE Sharpe Ratio of 1.14. The chart below compares the historical Sharpe Ratios of ETLK.DE and LGQK.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ETLK.DE	LGQK.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.16	1.14	+0.03
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.37	0.37	0.00
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.47	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.39	0.55	-0.16

Drawdowns

ETLK.DE vs. LGQK.DE - Drawdown Comparison

The maximum ETLK.DE drawdown since its inception was -36.72%, roughly equal to the maximum LGQK.DE drawdown of -36.96%. Use the drawdown chart below to compare losses from any high point for ETLK.DE and LGQK.DE.

Drawdown Indicators

	ETLK.DE	LGQK.DE	Difference
Max Drawdown Largest peak-to-trough decline	-36.72%	-36.96%	+0.24%
Max Drawdown (1Y) Largest decline over 1 year	-5.98%	-6.26%	+0.28%
Max Drawdown (3Y) Largest decline over 3 years	-19.89%	-20.04%	+0.15%
Max Drawdown (5Y) Largest decline over 5 years	-19.89%	-20.04%	+0.15%
Max Drawdown (10Y) Largest decline over 10 years	—	-36.96%	—
Current Drawdown Current decline from peak	-2.56%	-2.16%	-0.40%
Average Drawdown Average peak-to-trough decline	-5.76%	-6.18%	+0.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.16%	2.20%	-0.04%

Volatility

ETLK.DE vs. LGQK.DE - Volatility Comparison

L&G Asia Pacific ex Japan Equity UCITS ETF (ETLK.DE) has a higher volatility of 3.38% compared to Amundi MSCI Pacific Ex Japan UCITS ETF Dist (LGQK.DE) at 3.20%. This indicates that ETLK.DE's price experiences larger fluctuations and is considered to be riskier than LGQK.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ETLK.DE	LGQK.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.38%	3.20%	+0.18%
Volatility (6M) Calculated over the trailing 6-month period	9.32%	9.32%	0.00%
Volatility (1Y) Calculated over the trailing 1-year period	12.02%	12.16%	-0.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.78%	14.67%	+0.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.21%	25.08%	-6.87%

ETLK.DE vs. LGQK.DE - Expense Ratio Comparison

ETLK.DE has a 0.10% expense ratio, which is lower than LGQK.DE's 0.12% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

ETLK.DE vs. LGQK.DE - Dividend Comparison

ETLK.DE has not paid dividends to shareholders, while LGQK.DE's dividend yield for the trailing twelve months is around 2.64%.

Position	TTM	2025	2024	2023	2022	2021	2020
ETLK.DE L&G Asia Pacific ex Japan Equity UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
LGQK.DE Amundi MSCI Pacific Ex Japan UCITS ETF Dist	2.64%	2.88%	5.33%	3.78%	4.41%	3.15%	0.89%

Frequently Asked Questions

Can I hold both ETLK.DE and LGQK.DE in my portfolio?

ETLK.DE and LGQK.DE have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ETLK.DE or LGQK.DE?

On fees, ETLK.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ETLK.DE or LGQK.DE?

ETLK.DE is cheaper with a 0.10% expense ratio, compared with 0.12% for LGQK.DE.

What is the main difference between ETLK.DE and LGQK.DE?

ETLK.DE tracks Solactive Core Developed Markets Pacific ex Japan Large & Mid Cap, while LGQK.DE tracks MSCI Pacific ex Japan. They also come from different issuers: Legal & General and Amundi. Their fees differ too: 0.10% for ETLK.DE and 0.12% for LGQK.DE.