ETLS.DE vs. DJAM.DE

Last updated Jun 5, 2026

ETLS.DE (L&G US Equity UCITS ETF) and DJAM.DE (Lyxor Dow Jones Industrial Average UCITS ETF Dist) are both Large Cap Blend Equities funds - ETLS.DE tracks the Solactive Core United States Large & Mid Cap while DJAM.DE tracks the Dow Jones Industrial Average. Both are passively managed. Over the past 5 years, ETLS.DE returned 14.64%/yr vs 10.75%/yr for DJAM.DE. Their correlation of 0.84 suggests significant overlap in exposure. ETLS.DE charges 0.05%/yr vs 0.50%/yr for DJAM.DE.

Performance

ETLS.DE vs. DJAM.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in L&G US Equity UCITS ETF (ETLS.DE) and Lyxor Dow Jones Industrial Average UCITS ETF Dist (DJAM.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ETLS.DE achieves a 11.28% return, which is significantly higher than DJAM.DE's 8.12% return.

ETLS.DE

• 1D: -0.11%
• 1M: 5.49%
• YTD: 11.28%
• 6M: 11.23%
• 1Y: 25.64%
• 3Y*: 19.26%
• 5Y*: 14.64%
• 10Y*: —

DJAM.DE

• 1D: 1.22%
• 1M: 5.73%
• YTD: 8.12%
• 6M: 8.61%
• 1Y: 20.41%
• 3Y*: 13.60%
• 5Y*: 10.75%
• 10Y*: 12.59%

*Multi-year figures are annualized to reflect compound growth (CAGR)

ETLS.DE vs. DJAM.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
ETLS.DE L&G US Equity UCITS ETF	11.28%	5.06%	32.53%	24.21%	-16.00%	38.89%	10.12%	27.92%
DJAM.DE Lyxor Dow Jones Industrial Average UCITS ETF Dist	8.12%	2.01%	21.39%	11.90%	-2.34%	31.92%	-1.77%	22.42%

Correlation

The correlation between ETLS.DE and DJAM.DE is 0.75, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.75
Correlation (3Y) Calculated over the trailing 3-year period	0.77
Correlation (5Y) Calculated over the trailing 5-year period	0.83
Correlation (All Time) Calculated using the full available price history since Jan 17, 2019	0.84

The correlation between ETLS.DE and DJAM.DE has been stable across timeframes, ranging from 0.75 to 0.84 - a consistent structural relationship.

Return for Risk

ETLS.DE vs. DJAM.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ETLS.DE

ETLS.DE Risk / Return Rank: 68
ETLS.DE Sharpe Ratio Rank: 68
ETLS.DE Sortino Ratio Rank: 65
ETLS.DE Omega Ratio Rank: 70
ETLS.DE Calmar Ratio Rank: 69
ETLS.DE Martin Ratio Rank: 66

DJAM.DE

DJAM.DE Risk / Return Rank: 53
DJAM.DE Sharpe Ratio Rank: 50
DJAM.DE Sortino Ratio Rank: 52
DJAM.DE Omega Ratio Rank: 50
DJAM.DE Calmar Ratio Rank: 57
DJAM.DE Martin Ratio Rank: 54

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ETLS.DE vs. DJAM.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for L&G US Equity UCITS ETF (ETLS.DE) and Lyxor Dow Jones Industrial Average UCITS ETF Dist (DJAM.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.

	ETLS.DE	DJAM.DE	Difference
Sharpe ratio: Return per unit of total volatility	2.21	1.70	+0.51
Sortino ratio: Return per unit of downside risk	2.98	2.47	+0.51
Omega ratio: Gain probability vs. loss probability	1.41	1.31	+0.10
Calmar ratio: Return relative to maximum drawdown	3.37	2.77	+0.61
Martin ratio: Return relative to average drawdown	12.00	9.22	+2.78
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ETLS.DE vs. DJAM.DE - Sharpe Ratio Comparison

The current ETLS.DE Sharpe Ratio is 2.21, which is comparable to the DJAM.DE Sharpe Ratio of 1.70. The chart below compares the historical Sharpe Ratios of ETLS.DE and DJAM.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ETLS.DE	DJAM.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.21	1.70	+0.51
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.94	0.76	+0.18
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.78	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.98	0.62	+0.36

Drawdowns

ETLS.DE vs. DJAM.DE - Drawdown Comparison

The maximum ETLS.DE drawdown since its inception was -33.98%, smaller than the maximum DJAM.DE drawdown of -47.32%. Use the drawdown chart below to compare losses from any high point for ETLS.DE and DJAM.DE.

Drawdown Indicators

	ETLS.DE	DJAM.DE	Difference
Max Drawdown Largest peak-to-trough decline	-33.98%	-47.32%	+13.34%
Max Drawdown (1Y) Largest decline over 1 year	-7.57%	-7.34%	-0.23%
Max Drawdown (3Y) Largest decline over 3 years	-23.68%	-21.15%	-2.53%
Max Drawdown (5Y) Largest decline over 5 years	-23.68%	-21.15%	-2.53%
Max Drawdown (10Y) Largest decline over 10 years	—	-36.30%	—
Current Drawdown Current decline from peak	-0.45%	0.00%	-0.45%
Average Drawdown Average peak-to-trough decline	-4.63%	-7.81%	+3.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.13%	2.21%	-0.08%

Volatility

ETLS.DE vs. DJAM.DE - Volatility Comparison

L&G US Equity UCITS ETF (ETLS.DE) and Lyxor Dow Jones Industrial Average UCITS ETF Dist (DJAM.DE) have volatilities of 2.76% and 2.87%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ETLS.DE	DJAM.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.76%	2.87%	-0.11%
Volatility (6M) Calculated over the trailing 6-month period	7.67%	8.34%	-0.67%
Volatility (1Y) Calculated over the trailing 1-year period	11.54%	11.93%	-0.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.45%	14.07%	+1.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.17%	16.09%	+1.08%

ETLS.DE vs. DJAM.DE - Expense Ratio Comparison

ETLS.DE has a 0.05% expense ratio, which is lower than DJAM.DE's 0.50% expense ratio.

Dividends

ETLS.DE vs. DJAM.DE - Dividend Comparison

ETLS.DE has not paid dividends to shareholders, while DJAM.DE's dividend yield for the trailing twelve months is around 0.73%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DJAM.DE Lyxor Dow Jones Industrial Average UCITS ETF Dist	0.73%	0.79%	1.17%	1.06%	1.80%	1.11%	1.62%	1.25%	1.90%	1.71%	2.26%	2.44%
ETLS.DE L&G US 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%

Frequently Asked Questions

Can I hold both ETLS.DE and DJAM.DE in my portfolio?

ETLS.DE and DJAM.DE have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ETLS.DE or DJAM.DE?

On fees, ETLS.DE is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ETLS.DE or DJAM.DE?

ETLS.DE is cheaper with a 0.05% expense ratio, compared with 0.50% for DJAM.DE.

What is the main difference between ETLS.DE and DJAM.DE?

ETLS.DE tracks Solactive Core United States Large & Mid Cap, while DJAM.DE tracks Dow Jones Industrial Average. They also come from different issuers: Legal & General and Amundi. Their fees differ too: 0.05% for ETLS.DE and 0.50% for DJAM.DE.