ETLQ.DE vs. WEBN.DE
ETLQ.DE (L&G Global Equity UCITS ETF) and WEBN.DE (Amundi Prime All Country World UCITS ETF Acc EUR) are both Global Equities funds - ETLQ.DE tracks the Solactive Core Developed Markets Large & Mid Cap while WEBN.DE tracks the Solactive GBS Global Markets Large & Mid Cap Index. Both are passively managed. Over the past year, ETLQ.DE returned 23.85% vs 26.67% for WEBN.DE. Their correlation of 0.93 suggests significant overlap in exposure. ETLQ.DE charges 0.10%/yr vs 0.07%/yr for WEBN.DE.
Performance
ETLQ.DE vs. WEBN.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 WEBN.DE's 12.37% 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*
- —
WEBN.DE
- 1D
- -0.24%
- 1M
- 3.63%
- YTD
- 12.37%
- 6M
- 12.73%
- 1Y
- 26.67%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ETLQ.DE vs. WEBN.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
ETLQ.DE L&G Global Equity UCITS ETF | 10.88% | 8.14% | 9.28% |
WEBN.DE Amundi Prime All Country World UCITS ETF Acc EUR | 12.37% | 9.70% | 8.26% |
Correlation
The correlation between ETLQ.DE and WEBN.DE is 0.90, 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 | 0.90 |
Correlation (All Time) Calculated using the full available price history since Jun 27, 2024 | 0.93 |
The correlation between ETLQ.DE and WEBN.DE has been stable across timeframes, ranging from 0.90 to 0.93 - a consistent structural relationship.
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Return for Risk
ETLQ.DE vs. WEBN.DE — Risk / Return Rank
ETLQ.DE
WEBN.DE
ETLQ.DE vs. WEBN.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 Amundi Prime All Country World UCITS ETF Acc EUR (WEBN.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 | WEBN.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.14 | ||
| Sortino ratioReturn per unit of downside risk | -0.20 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.41 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 3.56 | 4.03 | -0.47 |
| Martin ratioReturn relative to average drawdown | 14.23 | 16.67 | -2.44 |
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 | WEBN.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.13 | 2.28 | -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 | 1.08 | -0.14 |
Drawdowns
ETLQ.DE vs. WEBN.DE - Drawdown Comparison
The maximum ETLQ.DE drawdown since its inception was -33.38%, which is greater than WEBN.DE's maximum drawdown of -21.22%. Use the drawdown chart below to compare losses from any high point for ETLQ.DE and WEBN.DE.
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Drawdown Indicators
| ETLQ.DE | WEBN.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.38% | -21.22% | -12.16% |
Max Drawdown (1Y)Largest decline over 1 year | -6.68% | -6.63% | -0.05% |
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% | -0.65% | +0.31% |
Average DrawdownAverage peak-to-trough decline | -4.33% | -3.11% | -1.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.68% | 1.61% | +0.07% |
Volatility
ETLQ.DE vs. WEBN.DE - Volatility Comparison
The current volatility for L&G Global Equity UCITS ETF (ETLQ.DE) is 2.68%, while Amundi Prime All Country World UCITS ETF Acc EUR (WEBN.DE) has a volatility of 3.05%. This indicates that ETLQ.DE experiences smaller price fluctuations and is considered to be less risky than WEBN.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 | WEBN.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.68% | 3.05% | -0.37% |
Volatility (6M)Calculated over the trailing 6-month period | 7.77% | 8.43% | -0.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.18% | 11.74% | -0.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.06% | 14.90% | -0.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.74% | 14.90% | +0.84% |
ETLQ.DE vs. WEBN.DE - Expense Ratio Comparison
ETLQ.DE has a 0.10% expense ratio, which is higher than WEBN.DE's 0.07% expense ratio. However, 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. WEBN.DE - Dividend Comparison
Neither ETLQ.DE nor WEBN.DE has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.90, ETLQ.DE and WEBN.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, WEBN.DE is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WEBN.DE is cheaper with a 0.07% expense ratio, compared with 0.10% for ETLQ.DE.
ETLQ.DE tracks Solactive Core Developed Markets Large & Mid Cap, while WEBN.DE tracks Solactive GBS Global Markets Large & Mid Cap Index. They also come from different issuers: Legal & General and Amundi. Their fees differ too: 0.10% for ETLQ.DE and 0.07% for WEBN.DE.
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