ETLQ.DE vs. IQQI.DE
ETLQ.DE (L&G Global Equity UCITS ETF) and IQQI.DE (iShares Global Infrastructure UCITS ETF) are both Global Equities funds - ETLQ.DE tracks the Solactive Core Developed Markets Large & Mid Cap while IQQI.DE tracks the FTSE Global Core Infrastructure Index. Both are passively managed. Over the past 5 years, ETLQ.DE returned 12.45%/yr vs 7.56%/yr for IQQI.DE. A 0.55 correlation means they provide meaningful diversification when combined. ETLQ.DE charges 0.10%/yr vs 0.65%/yr for IQQI.DE.
Performance
ETLQ.DE vs. IQQI.DE - Performance Comparison
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Returns By Period
In the year-to-date period, ETLQ.DE achieves a 10.95% return, which is significantly lower than IQQI.DE's 14.89% return.
ETLQ.DE
- 1D
- -0.55%
- 1M
- 0.69%
- YTD
- 10.95%
- 6M
- 11.37%
- 1Y
- 24.87%
- 3Y*
- 18.12%
- 5Y*
- 12.45%
- 10Y*
- —
IQQI.DE
- 1D
- 0.32%
- 1M
- 1.20%
- YTD
- 14.89%
- 6M
- 15.89%
- 1Y
- 20.42%
- 3Y*
- 10.56%
- 5Y*
- 7.56%
- 10Y*
- 7.26%
ETLQ.DE vs. IQQI.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
ETLQ.DE L&G Global Equity UCITS ETF | 10.95% | 8.12% | 26.14% | 20.86% | -13.64% | 32.62% | 5.65% | 24.79% |
IQQI.DE iShares Global Infrastructure UCITS ETF | 14.89% | 0.56% | 14.53% | -3.18% | -0.38% | 26.94% | -10.82% | 22.35% |
Correlation
The correlation between ETLQ.DE and IQQI.DE is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.34 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.47 |
Correlation (All Time) Calculated using the full available price history since Jan 16, 2019 | 0.55 |
Over the past year, the correlation between ETLQ.DE and IQQI.DE has dropped to 0.17 - well below their long-term average of 0.55, suggesting their price drivers have been diverging.
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Return for Risk
ETLQ.DE vs. IQQI.DE — Risk / Return Rank
ETLQ.DE
IQQI.DE
ETLQ.DE vs. IQQI.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 Global Infrastructure UCITS ETF (IQQI.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ETLQ.DE | IQQI.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.28 | ||
| Sortino ratioReturn per unit of downside risk | +0.24 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.33 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 3.65 | 4.23 | -0.58 |
| Martin ratioReturn relative to average drawdown | 14.29 | 10.58 | +3.71 |
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Drawdowns
ETLQ.DE vs. IQQI.DE - Drawdown Comparison
The maximum ETLQ.DE drawdown since its inception was -33.33%, smaller than the maximum IQQI.DE drawdown of -42.24%. Use the drawdown chart below to compare losses from any high point for ETLQ.DE and IQQI.DE.
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Drawdown Indicators
| ETLQ.DE | IQQI.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.33% | -42.24% | +8.91% |
Max Drawdown (1Y)Largest decline over 1 year | -6.79% | -4.81% | -1.98% |
Max Drawdown (3Y)Largest decline over 3 years | -21.61% | -14.75% | -6.86% |
Max Drawdown (5Y)Largest decline over 5 years | -21.61% | -24.82% | +3.21% |
Max Drawdown (10Y)Largest decline over 10 years | — | -34.16% | — |
Current DrawdownCurrent decline from peak | -0.89% | 0.00% | -0.89% |
Average DrawdownAverage peak-to-trough decline | -4.35% | -11.11% | +6.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.74% | 1.92% | -0.18% |
Volatility
ETLQ.DE vs. IQQI.DE - Volatility Comparison
The current volatility for L&G Global Equity UCITS ETF (ETLQ.DE) is 3.12%, while iShares Global Infrastructure UCITS ETF (IQQI.DE) has a volatility of 4.41%. This indicates that ETLQ.DE experiences smaller price fluctuations and is considered to be less risky than IQQI.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 | IQQI.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.12% | 4.41% | -1.29% |
Volatility (6M)Calculated over the trailing 6-month period | 8.11% | 8.95% | -0.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.44% | 10.83% | +0.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.12% | 12.77% | +1.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.76% | 14.25% | +1.51% |
ETLQ.DE vs. IQQI.DE - Expense Ratio Comparison
ETLQ.DE has a 0.10% expense ratio, which is lower than IQQI.DE's 0.65% expense ratio.
Dividends
ETLQ.DE vs. IQQI.DE - Dividend Comparison
ETLQ.DE has not paid dividends to shareholders, while IQQI.DE's dividend yield for the trailing twelve months is around 2.01%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ETLQ.DE L&G Global Equity UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IQQI.DE iShares Global Infrastructure UCITS ETF | 2.01% | 2.30% | 2.29% | 2.42% | 2.13% | 1.85% | 2.25% | 2.05% | 2.30% | 2.76% | 2.63% | 3.15% |
Frequently Asked Questions
ETLQ.DE and IQQI.DE have a correlation of 0.17, 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 IQQI.DE.
ETLQ.DE tracks Solactive Core Developed Markets Large & Mid Cap, while IQQI.DE tracks FTSE Global Core Infrastructure Index. They also come from different issuers: Legal & General and iShares. Their fees differ too: 0.10% for ETLQ.DE and 0.65% for IQQI.DE.
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