ETLZ.DE vs. XMLH.DE
ETLZ.DE (L&G Russell 2000 US Small Cap Quality UCITS ETF USD Acc) and XMLH.DE (L&G Healthcare Technology & Innovation UCITS ETF USD Acc) are both exchange-traded funds - ETLZ.DE is a Small Cap Blend Equities fund tracking the Russell 2000 0.4 Quality Target Exposure Factor Net Tax Index, while XMLH.DE is a Health & Biotech Equities fund tracking the ROBO Global Healthcare Technology and Innovation Index. Both are passively managed. Over the past 5 years, ETLZ.DE returned 9.00%/yr vs -2.65%/yr for XMLH.DE. A 0.71 correlation means they provide meaningful diversification when combined. ETLZ.DE charges 0.30%/yr vs 0.49%/yr for XMLH.DE.
Performance
ETLZ.DE vs. XMLH.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ETLZ.DE achieves a 21.33% return, which is significantly higher than XMLH.DE's 8.53% return.
ETLZ.DE
- 1D
- -0.66%
- 1M
- 1.72%
- 6M
- 15.70%
- YTD
- 21.33%
- 1Y
- 34.15%
- 3Y*
- 14.90%
- 5Y*
- 9.00%
- 10Y*
- 10.75%
XMLH.DE
- 1D
- -0.63%
- 1M
- 9.04%
- 6M
- 3.67%
- YTD
- 8.53%
- 1Y
- 37.82%
- 3Y*
- 7.32%
- 5Y*
- -2.65%
- 10Y*
- —
ETLZ.DE vs. XMLH.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
ETLZ.DE L&G Russell 2000 US Small Cap Quality UCITS ETF USD Acc | 21.33% | 0.32% | 15.12% | 16.03% | -14.22% | 30.61% | 8.11% | 11.62% |
XMLH.DE L&G Healthcare Technology & Innovation UCITS ETF USD Acc | 8.53% | 11.69% | 8.01% | -4.50% | -29.19% | 7.76% | 49.95% | -0.52% |
Correlation
The correlation between ETLZ.DE and XMLH.DE is 0.59, 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 | 0.59 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.72 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.73 |
Correlation (All Time) Calculated using the full available price history since Jun 26, 2019 | 0.71 |
The correlation between ETLZ.DE and XMLH.DE shifts across timeframes, from 0.59 (1 year) to 0.73 (5 years), reflecting how their relationship changes across market environments.
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
ETLZ.DE vs. XMLH.DE — Risk / Return Rank
ETLZ.DE
XMLH.DE
ETLZ.DE vs. XMLH.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for L&G Russell 2000 US Small Cap Quality UCITS ETF USD Acc (ETLZ.DE) and L&G Healthcare Technology & Innovation UCITS ETF USD Acc (XMLH.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.
| ETLZ.DE | XMLH.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.34 | ||
| Sortino ratioReturn per unit of downside risk | +0.37 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.33 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 5.33 | 2.64 | +2.69 |
| Martin ratioReturn relative to average drawdown | 15.94 | 5.92 | +10.02 |
Loading charts...
Drawdowns
ETLZ.DE vs. XMLH.DE - Drawdown Comparison
The maximum ETLZ.DE drawdown since its inception was -58.36%, which is greater than XMLH.DE's maximum drawdown of -51.48%. Use the drawdown chart below to compare losses from any high point for ETLZ.DE and XMLH.DE.
Loading charts...
Drawdown Indicators
| ETLZ.DE | XMLH.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.36% | -51.48% | -6.88% |
Max Drawdown (1Y)Largest decline over 1 year | -7.04% | -15.46% | +8.42% |
Max Drawdown (3Y)Largest decline over 3 years | -31.34% | -28.40% | -2.94% |
Max Drawdown (5Y)Largest decline over 5 years | -31.34% | -50.58% | +19.24% |
Max Drawdown (10Y)Largest decline over 10 years | -41.01% | — | — |
Current DrawdownCurrent decline from peak | -2.30% | -21.16% | +18.86% |
Average DrawdownAverage peak-to-trough decline | -10.71% | -25.17% | +14.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.35% | 6.91% | -4.56% |
Volatility
ETLZ.DE vs. XMLH.DE - Volatility Comparison
The current volatility for L&G Russell 2000 US Small Cap Quality UCITS ETF USD Acc (ETLZ.DE) is 4.22%, while L&G Healthcare Technology & Innovation UCITS ETF USD Acc (XMLH.DE) has a volatility of 6.98%. This indicates that ETLZ.DE experiences smaller price fluctuations and is considered to be less risky than XMLH.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ETLZ.DE | XMLH.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.22% | 6.98% | -2.76% |
Volatility (6M)Calculated over the trailing 6-month period | 11.22% | 16.00% | -4.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.57% | 21.03% | -4.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.97% | 22.53% | -2.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.00% | 23.79% | -2.79% |
ETLZ.DE vs. XMLH.DE - Expense Ratio Comparison
ETLZ.DE has a 0.30% expense ratio, which is lower than XMLH.DE's 0.49% expense ratio.
Dividends
ETLZ.DE vs. XMLH.DE - Dividend Comparison
Neither ETLZ.DE nor XMLH.DE has paid dividends to shareholders.
Frequently Asked Questions
ETLZ.DE and XMLH.DE have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ETLZ.DE is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ETLZ.DE is cheaper with a 0.30% expense ratio, compared with 0.49% for XMLH.DE.
ETLZ.DE is categorized as Small Cap Blend Equities, while XMLH.DE is Health & Biotech Equities. ETLZ.DE tracks Russell 2000 0.4 Quality Target Exposure Factor Net Tax Index, while XMLH.DE tracks ROBO Global Healthcare Technology and Innovation Index. Their fees differ too: 0.30% for ETLZ.DE and 0.49% for XMLH.DE.
Find the right allocation for ETLZ.DE and XMLH.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