ETLQ.DE vs. SXR0.DE
ETLQ.DE (L&G Global Equity UCITS ETF) and SXR0.DE (iShares Edge MSCI World Minimum Volatility UCITS ETF EUR Hedged (Acc)) are both Global Equities funds - ETLQ.DE tracks the Solactive Core Developed Markets Large & Mid Cap while SXR0.DE tracks the MSCI World Minimum Volatility Index (EUR Hedged). Both are passively managed. Over the past 5 years, ETLQ.DE returned 12.24%/yr vs 4.62%/yr for SXR0.DE. A 0.65 correlation means they provide meaningful diversification when combined. ETLQ.DE charges 0.10%/yr vs 0.35%/yr for SXR0.DE.
Performance
ETLQ.DE vs. SXR0.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ETLQ.DE achieves a 11.71% return, which is significantly higher than SXR0.DE's 2.62% return.
ETLQ.DE
- 1D
- -1.13%
- 1M
- 0.51%
- 6M
- 8.53%
- YTD
- 11.71%
- 1Y
- 21.96%
- 3Y*
- 17.78%
- 5Y*
- 12.24%
- 10Y*
- —
SXR0.DE
- 1D
- 0.70%
- 1M
- 2.14%
- 6M
- 2.74%
- YTD
- 2.62%
- 1Y
- 4.36%
- 3Y*
- 8.50%
- 5Y*
- 4.62%
- 10Y*
- —
ETLQ.DE vs. SXR0.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
ETLQ.DE L&G Global Equity UCITS ETF | 11.71% | 8.12% | 26.14% | 20.86% | -13.64% | 32.62% | 5.65% | 24.79% |
SXR0.DE iShares Edge MSCI World Minimum Volatility UCITS ETF EUR Hedged (Acc) | 2.62% | 7.02% | 13.29% | 5.81% | -9.67% | 16.59% | -1.27% | 18.23% |
Correlation
The correlation between ETLQ.DE and SXR0.DE is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.43 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.61 |
Correlation (All Time) Calculated using the full available price history since Jan 16, 2019 | 0.65 |
Over the past year, the correlation between ETLQ.DE and SXR0.DE has dropped to 0.22 - well below their long-term average of 0.65, suggesting their price drivers have been diverging.
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. SXR0.DE — Risk / Return Rank
ETLQ.DE
SXR0.DE
ETLQ.DE vs. SXR0.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 Edge MSCI World Minimum Volatility UCITS ETF EUR Hedged (Acc) (SXR0.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 | SXR0.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.42 | ||
| Sortino ratioReturn per unit of downside risk | +1.92 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.10 | +0.26 |
| Calmar ratioReturn relative to maximum drawdown | 3.22 | 0.83 | +2.39 |
| Martin ratioReturn relative to average drawdown | 12.60 | 1.77 | +10.84 |
Loading charts...
Drawdowns
ETLQ.DE vs. SXR0.DE - Drawdown Comparison
The maximum ETLQ.DE drawdown since its inception was -33.33%, which is greater than SXR0.DE's maximum drawdown of -27.73%. Use the drawdown chart below to compare losses from any high point for ETLQ.DE and SXR0.DE.
Loading charts...
Drawdown Indicators
| ETLQ.DE | SXR0.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.33% | -27.73% | -5.60% |
Max Drawdown (1Y)Largest decline over 1 year | -6.79% | -5.26% | -1.53% |
Max Drawdown (3Y)Largest decline over 3 years | -21.61% | -9.18% | -12.43% |
Max Drawdown (5Y)Largest decline over 5 years | -21.61% | -15.61% | -6.00% |
Current DrawdownCurrent decline from peak | -1.25% | -1.49% | +0.24% |
Average DrawdownAverage peak-to-trough decline | -4.32% | -3.95% | -0.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.74% | 2.46% | -0.72% |
Volatility
ETLQ.DE vs. SXR0.DE - Volatility Comparison
L&G Global Equity UCITS ETF (ETLQ.DE) has a higher volatility of 2.75% compared to iShares Edge MSCI World Minimum Volatility UCITS ETF EUR Hedged (Acc) (SXR0.DE) at 2.16%. This indicates that ETLQ.DE's price experiences larger fluctuations and is considered to be riskier than SXR0.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ETLQ.DE | SXR0.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.75% | 2.16% | +0.59% |
Volatility (6M)Calculated over the trailing 6-month period | 8.02% | 5.96% | +2.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.40% | 8.21% | +3.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.11% | 10.15% | +3.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.72% | 11.60% | +4.12% |
ETLQ.DE vs. SXR0.DE - Expense Ratio Comparison
ETLQ.DE has a 0.10% expense ratio, which is lower than SXR0.DE's 0.35% expense ratio.
Dividends
ETLQ.DE vs. SXR0.DE - Dividend Comparison
Neither ETLQ.DE nor SXR0.DE has paid dividends to shareholders.
Frequently Asked Questions
ETLQ.DE and SXR0.DE have a correlation of 0.22, 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 0.35% for SXR0.DE.
ETLQ.DE tracks Solactive Core Developed Markets Large & Mid Cap, while SXR0.DE tracks MSCI World Minimum Volatility Index (EUR Hedged). They also come from different issuers: Legal & General and iShares. Their fees differ too: 0.10% for ETLQ.DE and 0.35% for SXR0.DE.
Find the right allocation for ETLQ.DE and SXR0.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