ETLQ.DE vs. ENTR.DE
ETLQ.DE (L&G Global Equity UCITS ETF) and ENTR.DE (L&G New Energy Commodities 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 ENTR.DE is a Commodities fund tracking the Solactive Energy Transition Commodity. Both are passively managed. Over the past year, ETLQ.DE returned 23.85% vs 36.69% for ENTR.DE. At a 0.19 correlation, their price movements are largely independent. ETLQ.DE charges 0.10%/yr vs 0.65%/yr for ENTR.DE.
Performance
ETLQ.DE vs. ENTR.DE - Performance Comparison
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Returns By Period
In the year-to-date period, ETLQ.DE achieves a 10.88% return, which is significantly lower than ENTR.DE's 12.78% 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*
- —
ENTR.DE
- 1D
- -0.84%
- 1M
- 0.87%
- YTD
- 12.78%
- 6M
- 22.77%
- 1Y
- 36.69%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ETLQ.DE vs. ENTR.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
ETLQ.DE L&G Global Equity UCITS ETF | 10.88% | 8.14% | 16.92% |
ENTR.DE L&G New Energy Commodities UCITS ETF USD Accumulating | 12.78% | 17.08% | -0.06% |
Correlation
The correlation between ETLQ.DE and ENTR.DE is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since Apr 18, 2024 | 0.19 |
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Return for Risk
ETLQ.DE vs. ENTR.DE — Risk / Return Rank
ETLQ.DE
ENTR.DE
ETLQ.DE vs. ENTR.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 New Energy Commodities UCITS ETF USD Accumulating (ENTR.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 | ENTR.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.14 | ||
| Sortino ratioReturn per unit of downside risk | -0.06 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.41 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 3.56 | 3.86 | -0.29 |
| Martin ratioReturn relative to average drawdown | 14.23 | 13.56 | +0.67 |
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 | ENTR.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.13 | 2.27 | -0.14 |
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 | 0.92 | +0.01 |
Drawdowns
ETLQ.DE vs. ENTR.DE - Drawdown Comparison
The maximum ETLQ.DE drawdown since its inception was -33.38%, which is greater than ENTR.DE's maximum drawdown of -14.17%. Use the drawdown chart below to compare losses from any high point for ETLQ.DE and ENTR.DE.
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Drawdown Indicators
| ETLQ.DE | ENTR.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.38% | -14.17% | -19.21% |
Max Drawdown (1Y)Largest decline over 1 year | -6.68% | -9.72% | +3.04% |
Max Drawdown (3Y)Largest decline over 3 years | -21.58% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -21.58% | — | — |
Current DrawdownCurrent decline from peak | -0.34% | -2.59% | +2.25% |
Average DrawdownAverage peak-to-trough decline | -4.33% | -5.85% | +1.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.68% | 2.77% | -1.09% |
Volatility
ETLQ.DE vs. ENTR.DE - Volatility Comparison
The current volatility for L&G Global Equity UCITS ETF (ETLQ.DE) is 2.68%, while L&G New Energy Commodities UCITS ETF USD Accumulating (ENTR.DE) has a volatility of 4.62%. This indicates that ETLQ.DE experiences smaller price fluctuations and is considered to be less risky than ENTR.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 | ENTR.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.68% | 4.62% | -1.94% |
Volatility (6M)Calculated over the trailing 6-month period | 7.77% | 13.78% | -6.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.18% | 16.50% | -5.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.06% | 15.02% | -0.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.74% | 15.02% | +0.72% |
ETLQ.DE vs. ENTR.DE - Expense Ratio Comparison
ETLQ.DE has a 0.10% expense ratio, which is lower than ENTR.DE's 0.65% expense ratio.
Dividends
ETLQ.DE vs. ENTR.DE - Dividend Comparison
Neither ETLQ.DE nor ENTR.DE has paid dividends to shareholders.
Frequently Asked Questions
ETLQ.DE and ENTR.DE have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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 0.65% for ENTR.DE.
ETLQ.DE is categorized as Global Equities, while ENTR.DE is Commodities. ETLQ.DE tracks Solactive Core Developed Markets Large & Mid Cap, while ENTR.DE tracks Solactive Energy Transition Commodity. Their fees differ too: 0.10% for ETLQ.DE and 0.65% for ENTR.DE.
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