ETLN.DE vs. XMLD.DE
ETLN.DE (L&G Europe ex UK Equity UCITS ETF) and XMLD.DE (L&G Artificial Intelligence UCITS ETF) are both exchange-traded funds - ETLN.DE is a Europe Equities fund tracking the Solactive Core Developed Markets Europe ex UK Large & Mid Cap, while XMLD.DE is a Technology Equities fund tracking the ROBO Global Artificial Intelligence. Both are passively managed. Over the past 5 years, ETLN.DE returned 9.33%/yr vs 19.02%/yr for XMLD.DE. A 0.56 correlation means they provide meaningful diversification when combined. ETLN.DE charges 0.10%/yr vs 0.49%/yr for XMLD.DE.
Performance
ETLN.DE vs. XMLD.DE - Performance Comparison
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Returns By Period
In the year-to-date period, ETLN.DE achieves a 7.75% return, which is significantly lower than XMLD.DE's 42.18% return.
ETLN.DE
- 1D
- 0.40%
- 1M
- 1.13%
- YTD
- 7.75%
- 6M
- 9.98%
- 1Y
- 16.15%
- 3Y*
- 13.52%
- 5Y*
- 9.33%
- 10Y*
- —
XMLD.DE
- 1D
- -0.78%
- 1M
- 19.30%
- YTD
- 42.18%
- 6M
- 38.22%
- 1Y
- 72.24%
- 3Y*
- 33.99%
- 5Y*
- 19.02%
- 10Y*
- —
ETLN.DE vs. XMLD.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
ETLN.DE L&G Europe ex UK Equity UCITS ETF | 7.75% | 20.59% | 6.45% | 18.04% | -12.23% | 25.18% | 1.20% | 0.78% |
XMLD.DE L&G Artificial Intelligence UCITS ETF | 42.18% | 16.99% | 25.17% | 54.28% | -36.45% | 19.09% | 51.75% | 0.00% |
Correlation
The correlation between ETLN.DE and XMLD.DE is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.49 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.55 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.59 |
Correlation (All Time) Calculated using the full available price history since Dec 20, 2019 | 0.56 |
The correlation between ETLN.DE and XMLD.DE shifts across timeframes, from 0.49 (1 year) to 0.59 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
ETLN.DE vs. XMLD.DE — Risk / Return Rank
ETLN.DE
XMLD.DE
ETLN.DE vs. XMLD.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for L&G Europe ex UK Equity UCITS ETF (ETLN.DE) and L&G Artificial Intelligence UCITS ETF (XMLD.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.
| ETLN.DE | XMLD.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.58 | ||
| Sortino ratioReturn per unit of downside risk | -1.62 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.44 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | 1.62 | 4.62 | -3.00 |
| Martin ratioReturn relative to average drawdown | 5.98 | 12.52 | -6.54 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ETLN.DE | XMLD.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.18 | 2.76 | -1.58 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.61 | 0.69 | -0.08 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.69 | 0.82 | -0.13 |
Drawdowns
ETLN.DE vs. XMLD.DE - Drawdown Comparison
The maximum ETLN.DE drawdown since its inception was -34.76%, smaller than the maximum XMLD.DE drawdown of -42.81%. Use the drawdown chart below to compare losses from any high point for ETLN.DE and XMLD.DE.
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Drawdown Indicators
| ETLN.DE | XMLD.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.76% | -42.81% | +8.05% |
Max Drawdown (1Y)Largest decline over 1 year | -10.09% | -15.80% | +5.71% |
Max Drawdown (3Y)Largest decline over 3 years | -16.98% | -33.67% | +16.69% |
Max Drawdown (5Y)Largest decline over 5 years | -22.47% | -42.81% | +20.34% |
Current DrawdownCurrent decline from peak | -1.56% | -2.30% | +0.74% |
Average DrawdownAverage peak-to-trough decline | -4.95% | -13.51% | +8.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.73% | 5.84% | -3.11% |
Volatility
ETLN.DE vs. XMLD.DE - Volatility Comparison
The current volatility for L&G Europe ex UK Equity UCITS ETF (ETLN.DE) is 4.39%, while L&G Artificial Intelligence UCITS ETF (XMLD.DE) has a volatility of 10.34%. This indicates that ETLN.DE experiences smaller price fluctuations and is considered to be less risky than XMLD.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ETLN.DE | XMLD.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.39% | 10.34% | -5.95% |
Volatility (6M)Calculated over the trailing 6-month period | 11.28% | 19.89% | -8.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.84% | 26.47% | -12.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.14% | 27.22% | -12.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.77% | 28.52% | -11.75% |
ETLN.DE vs. XMLD.DE - Expense Ratio Comparison
ETLN.DE has a 0.10% expense ratio, which is lower than XMLD.DE's 0.49% expense ratio.
Dividends
ETLN.DE vs. XMLD.DE - Dividend Comparison
Neither ETLN.DE nor XMLD.DE has paid dividends to shareholders.
Frequently Asked Questions
ETLN.DE and XMLD.DE have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ETLN.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ETLN.DE is cheaper with a 0.10% expense ratio, compared with 0.49% for XMLD.DE.
ETLN.DE is categorized as Europe Equities, while XMLD.DE is Technology Equities. ETLN.DE tracks Solactive Core Developed Markets Europe ex UK Large & Mid Cap, while XMLD.DE tracks ROBO Global Artificial Intelligence. Their fees differ too: 0.10% for ETLN.DE and 0.49% for XMLD.DE.
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