ETLQ.DE vs. CBUY.DE
ETLQ.DE (L&G Global Equity UCITS ETF) and CBUY.DE (iShares MSCI ACWI SRI UCITS ETF USD Acc) are both Global Equities funds - ETLQ.DE tracks the Solactive Core Developed Markets Large & Mid Cap while CBUY.DE tracks the MSCI ACWI SRI Select Reduced Fossil Fuel. Both are passively managed. Over the past 3 years, ETLQ.DE returned 17.73%/yr vs 13.96%/yr for CBUY.DE. Their correlation of 0.93 suggests significant overlap in exposure. ETLQ.DE charges 0.10%/yr vs 0.20%/yr for CBUY.DE.
Performance
ETLQ.DE vs. CBUY.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ETLQ.DE achieves a 10.88% return, which is significantly lower than CBUY.DE's 12.08% return.
ETLQ.DE
- 1D
- 0.00%
- 1M
- 3.89%
- YTD
- 10.88%
- 6M
- 10.99%
- 1Y
- 23.85%
- 3Y*
- 17.73%
- 5Y*
- 13.10%
- 10Y*
- —
CBUY.DE
- 1D
- 0.15%
- 1M
- 3.34%
- YTD
- 12.08%
- 6M
- 12.79%
- 1Y
- 21.71%
- 3Y*
- 13.96%
- 5Y*
- —
- 10Y*
- —
ETLQ.DE vs. CBUY.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
ETLQ.DE L&G Global Equity UCITS ETF | 10.88% | 8.14% | 26.10% | 17.35% |
CBUY.DE iShares MSCI ACWI SRI UCITS ETF USD Acc | 12.08% | 4.79% | 18.71% | 14.35% |
Correlation
The correlation between ETLQ.DE and CBUY.DE is 0.92, 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 | 0.92 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.93 |
Correlation (All Time) Calculated using the full available price history since Mar 27, 2023 | 0.93 |
The correlation between ETLQ.DE and CBUY.DE has been stable across timeframes, ranging from 0.92 to 0.93 - a consistent structural relationship.
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
ETLQ.DE vs. CBUY.DE — Risk / Return Rank
ETLQ.DE
CBUY.DE
ETLQ.DE vs. CBUY.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for L&G Global Equity UCITS ETF (ETLQ.DE) and iShares MSCI ACWI SRI UCITS ETF USD Acc (CBUY.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.
| ETLQ.DE | CBUY.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.43 | ||
| Sortino ratioReturn per unit of downside risk | +0.53 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.31 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 3.56 | 2.88 | +0.69 |
| Martin ratioReturn relative to average drawdown | 14.23 | 10.71 | +3.52 |
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
| ETLQ.DE | CBUY.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.13 | 1.70 | +0.43 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.92 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.93 | 1.17 | -0.24 |
Drawdowns
ETLQ.DE vs. CBUY.DE - Drawdown Comparison
The maximum ETLQ.DE drawdown since its inception was -33.38%, which is greater than CBUY.DE's maximum drawdown of -21.18%. Use the drawdown chart below to compare losses from any high point for ETLQ.DE and CBUY.DE.
Loading charts...
Drawdown Indicators
| ETLQ.DE | CBUY.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.38% | -21.18% | -12.20% |
Max Drawdown (1Y)Largest decline over 1 year | -6.68% | -7.49% | +0.81% |
Max Drawdown (3Y)Largest decline over 3 years | -21.58% | -21.18% | -0.40% |
Max Drawdown (5Y)Largest decline over 5 years | -21.58% | — | — |
Current DrawdownCurrent decline from peak | -0.34% | -0.05% | -0.29% |
Average DrawdownAverage peak-to-trough decline | -4.33% | -2.75% | -1.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.68% | 2.02% | -0.34% |
Volatility
ETLQ.DE vs. CBUY.DE - Volatility Comparison
The current volatility for L&G Global Equity UCITS ETF (ETLQ.DE) is 2.68%, while iShares MSCI ACWI SRI UCITS ETF USD Acc (CBUY.DE) has a volatility of 3.83%. This indicates that ETLQ.DE experiences smaller price fluctuations and is considered to be less risky than CBUY.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ETLQ.DE | CBUY.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.68% | 3.83% | -1.15% |
Volatility (6M)Calculated over the trailing 6-month period | 7.77% | 9.45% | -1.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.18% | 12.66% | -1.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.06% | 13.42% | +0.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.74% | 13.42% | +2.32% |
ETLQ.DE vs. CBUY.DE - Expense Ratio Comparison
ETLQ.DE has a 0.10% expense ratio, which is lower than CBUY.DE's 0.20% 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
ETLQ.DE vs. CBUY.DE - Dividend Comparison
Neither ETLQ.DE nor CBUY.DE has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.92, ETLQ.DE and CBUY.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, ETLQ.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ETLQ.DE is cheaper with a 0.10% expense ratio, compared with 0.20% for CBUY.DE.
ETLQ.DE tracks Solactive Core Developed Markets Large & Mid Cap, while CBUY.DE tracks MSCI ACWI SRI Select Reduced Fossil Fuel. They also come from different issuers: Legal & General and iShares. Their fees differ too: 0.10% for ETLQ.DE and 0.20% for CBUY.DE.
Find the right allocation for ETLQ.DE and CBUY.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