ETLQ.DE vs. DELG.DE
ETLQ.DE (L&G Global Equity UCITS ETF) and DELG.DE (L&G US ESG Exclusions Paris Aligned UCITS ETF USD Accumulating) are both exchange-traded funds - ETLQ.DE is a Global Equities fund tracking the Solactive Core Developed Markets Large & Mid Cap, while DELG.DE is a Large Cap Blend Equities fund tracking the Foxberry Sustainability Consensus US. Both are passively managed. Over the past 5 years, ETLQ.DE returned 13.10%/yr vs 14.64%/yr for DELG.DE. Their correlation of 0.94 suggests significant overlap in exposure. ETLQ.DE charges 0.10%/yr vs 0.12%/yr for DELG.DE.
Performance
ETLQ.DE vs. DELG.DE - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with ETLQ.DE having a 10.88% return and DELG.DE slightly lower at 10.45%.
ETLQ.DE
- 1D
- 0.00%
- 1M
- 3.89%
- YTD
- 10.88%
- 6M
- 10.99%
- 1Y
- 23.85%
- 3Y*
- 17.73%
- 5Y*
- 13.10%
- 10Y*
- —
DELG.DE
- 1D
- -0.17%
- 1M
- 4.64%
- YTD
- 10.45%
- 6M
- 9.86%
- 1Y
- 25.64%
- 3Y*
- 19.55%
- 5Y*
- 14.64%
- 10Y*
- —
ETLQ.DE vs. DELG.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
ETLQ.DE L&G Global Equity UCITS ETF | 10.88% | 8.14% | 26.10% | 20.83% | -13.64% | 32.63% | 4.31% |
DELG.DE L&G US ESG Exclusions Paris Aligned UCITS ETF USD Accumulating | 10.45% | 6.14% | 33.62% | 26.50% | -19.07% | 38.54% | 10.87% |
Correlation
The correlation between ETLQ.DE and DELG.DE is 0.96 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.96 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.95 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.96 |
Correlation (All Time) Calculated using the full available price history since Jan 28, 2020 | 0.94 |
The correlation between ETLQ.DE and DELG.DE has been stable across timeframes, ranging from 0.94 to 0.96 - a consistent structural relationship.
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Return for Risk
ETLQ.DE vs. DELG.DE — Risk / Return Rank
ETLQ.DE
DELG.DE
ETLQ.DE vs. DELG.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 L&G US ESG Exclusions Paris Aligned UCITS ETF USD Accumulating (DELG.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 | DELG.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.14 | ||
| Sortino ratioReturn per unit of downside risk | +0.23 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.36 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 3.56 | 2.82 | +0.74 |
| Martin ratioReturn relative to average drawdown | 14.23 | 10.31 | +3.92 |
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
| ETLQ.DE | DELG.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.13 | 1.99 | +0.14 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.92 | 0.90 | +0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.93 | 0.81 | +0.12 |
Drawdowns
ETLQ.DE vs. DELG.DE - Drawdown Comparison
The maximum ETLQ.DE drawdown since its inception was -33.38%, which is greater than DELG.DE's maximum drawdown of -31.08%. Use the drawdown chart below to compare losses from any high point for ETLQ.DE and DELG.DE.
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Drawdown Indicators
| ETLQ.DE | DELG.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.38% | -31.08% | -2.30% |
Max Drawdown (1Y)Largest decline over 1 year | -6.68% | -9.15% | +2.47% |
Max Drawdown (3Y)Largest decline over 3 years | -21.58% | -24.38% | +2.80% |
Max Drawdown (5Y)Largest decline over 5 years | -21.58% | -24.38% | +2.80% |
Current DrawdownCurrent decline from peak | -0.34% | -0.57% | +0.23% |
Average DrawdownAverage peak-to-trough decline | -4.33% | -5.47% | +1.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.68% | 2.51% | -0.83% |
Volatility
ETLQ.DE vs. DELG.DE - Volatility Comparison
The current volatility for L&G Global Equity UCITS ETF (ETLQ.DE) is 2.68%, while L&G US ESG Exclusions Paris Aligned UCITS ETF USD Accumulating (DELG.DE) has a volatility of 3.31%. This indicates that ETLQ.DE experiences smaller price fluctuations and is considered to be less risky than DELG.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ETLQ.DE | DELG.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.68% | 3.31% | -0.63% |
Volatility (6M)Calculated over the trailing 6-month period | 7.77% | 8.95% | -1.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.18% | 12.95% | -1.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.06% | 16.14% | -2.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.74% | 18.82% | -3.08% |
ETLQ.DE vs. DELG.DE - Expense Ratio Comparison
ETLQ.DE has a 0.10% expense ratio, which is lower than DELG.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
ETLQ.DE vs. DELG.DE - Dividend Comparison
Neither ETLQ.DE nor DELG.DE has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.96, ETLQ.DE and DELG.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 0.12% for DELG.DE.
ETLQ.DE is categorized as Global Equities, while DELG.DE is Large Cap Blend Equities. ETLQ.DE tracks Solactive Core Developed Markets Large & Mid Cap, while DELG.DE tracks Foxberry Sustainability Consensus US. Their fees differ too: 0.10% for ETLQ.DE and 0.12% for DELG.DE.
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