ETLR.DE vs. ^SP500TR
ETLR.DE (L&G Japan Equity UCITS ETF) is Japan Equities fund tracking the Solactive Core Japan Large & Mid Cap, while ^SP500TR (S&P 500 Total Return) is an index. Over the past 5 years, ETLR.DE returned 10.35%/yr vs 14.12%/yr for ^SP500TR. At a 0.41 correlation, their price movements are largely independent.
Performance
ETLR.DE vs. ^SP500TR - Performance Comparison
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Different Trading Currencies
ETLR.DE is traded in EUR, while ^SP500TR is traded in USD. To make them comparable, the ^SP500TR values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, ETLR.DE achieves a 18.27% return, which is significantly higher than ^SP500TR's 13.99% return.
ETLR.DE
- 1D
- -1.15%
- 1M
- 1.64%
- 6M
- 12.08%
- YTD
- 18.27%
- 1Y
- 36.88%
- 3Y*
- 17.34%
- 5Y*
- 10.35%
- 10Y*
- —
^SP500TR
- 1D
- -0.08%
- 1M
- 1.34%
- 6M
- 11.63%
- YTD
- 13.99%
- 1Y
- 24.11%
- 3Y*
- 19.64%
- 5Y*
- 14.12%
- 10Y*
- 14.83%
ETLR.DE vs. ^SP500TR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
ETLR.DE L&G Japan Equity UCITS ETF | 18.27% | 12.41% | 14.84% | 16.04% | -12.03% | 10.00% | 5.42% | 16.90% |
^SP500TR S&P 500 Total Return | 13.99% | 3.89% | 33.27% | 22.50% | -13.04% | 38.33% | 8.64% | 30.46% |
Correlation
The correlation between ETLR.DE and ^SP500TR is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.41 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.38 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.37 |
Correlation (All Time) Calculated using the full available price history since Jan 15, 2019 | 0.41 |
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Return for Risk
ETLR.DE vs. ^SP500TR — Risk / Return Rank
ETLR.DE
^SP500TR
ETLR.DE vs. ^SP500TR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for L&G Japan Equity UCITS ETF (ETLR.DE) and S&P 500 Total Return (^SP500TR). 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.
| ETLR.DE | ^SP500TR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | 0.00 | ||
| Sortino ratioReturn per unit of downside risk | +0.27 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.35 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 3.52 | 3.31 | +0.22 |
| Martin ratioReturn relative to average drawdown | 11.56 | 12.37 | -0.81 |
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Drawdowns
ETLR.DE vs. ^SP500TR - Drawdown Comparison
The maximum ETLR.DE drawdown since its inception was -27.65%, smaller than the maximum ^SP500TR drawdown of -49.01%. Use the drawdown chart below to compare losses from any high point for ETLR.DE and ^SP500TR.
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Drawdown Indicators
| ETLR.DE | ^SP500TR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.65% | -49.01% | +21.36% |
Max Drawdown (1Y)Largest decline over 1 year | -10.42% | -7.32% | -3.10% |
Max Drawdown (3Y)Largest decline over 3 years | -16.41% | -23.82% | +7.41% |
Max Drawdown (5Y)Largest decline over 5 years | -18.74% | -23.82% | +5.08% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.29% | — |
Current DrawdownCurrent decline from peak | -2.60% | -0.51% | -2.09% |
Average DrawdownAverage peak-to-trough decline | -5.40% | -7.52% | +2.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.18% | 1.95% | +1.23% |
Volatility
ETLR.DE vs. ^SP500TR - Volatility Comparison
L&G Japan Equity UCITS ETF (ETLR.DE) has a higher volatility of 6.16% compared to S&P 500 Total Return (^SP500TR) at 3.05%. This indicates that ETLR.DE's price experiences larger fluctuations and is considered to be riskier than ^SP500TR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ETLR.DE | ^SP500TR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.16% | 3.05% | +3.11% |
Volatility (6M)Calculated over the trailing 6-month period | 15.45% | 9.17% | +6.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.08% | 12.59% | +6.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.49% | 16.85% | -0.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.93% | 18.60% | -1.67% |
Frequently Asked Questions
ETLR.DE and ^SP500TR have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for ETLR.DE and ^SP500TR
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