ETRA.L vs. LDGL.L

Last updated Apr 1, 2026

Compare and contrast key facts about L&G New Energy Commodities UCITS ETF USD Acc (ETRA.L) and L&G Global Quality Dividends UCITS ETF USD Distributing (LDGL.L).

ETRA.L and LDGL.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ETRA.L is a passively managed fund by L&G that tracks the performance of the Solactive Energy Transition Commodity Total Return Index. It was launched on Apr 15, 2024. LDGL.L is a passively managed fund by L&G that tracks the performance of the FTSE Developed All Cap Dividend Growth with Quality Index. It was launched on Nov 18, 2025. Both ETRA.L and LDGL.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

ETRA.L vs. LDGL.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in L&G New Energy Commodities UCITS ETF USD Acc (ETRA.L) and L&G Global Quality Dividends UCITS ETF USD Distributing (LDGL.L). The values are adjusted to include any dividend payments, if applicable.

ETRA.L vs. LDGL.L - Yearly Performance Comparison

	2026 (YTD)
ETRA.L L&G New Energy Commodities UCITS ETF USD Acc	3.62%
LDGL.L L&G Global Quality Dividends UCITS ETF USD Distributing	2.42%

Different Trading Currencies

ETRA.L is traded in GBp, while LDGL.L is traded in USD. To make them comparable, the LDGL.L values have been converted to GBp using the latest available exchange rates.

Returns By Period

ETRA.L

• 1D: 0.09%
• 1M: 3.35%
• YTD: 10.61%
• 6M: 25.27%
• 1Y: 26.67%
• 3Y*: —
• 5Y*: —
• 10Y*: —

LDGL.L

• 1D: 0.91%
• 1M: -5.79%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ETRA.L vs. LDGL.L - Expense Ratio Comparison

ETRA.L has a 0.65% expense ratio, which is higher than LDGL.L's 0.29% expense ratio.

ETRA.L

L&G New Energy Commodities UCITS ETF USD Acc

LDGL.L

L&G Global Quality Dividends UCITS ETF USD Distributing

Return for Risk

ETRA.L vs. LDGL.L — Risk / Return Rank

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

ETRA.L

ETRA.L Risk / Return Rank: 82
ETRA.L Sharpe Ratio Rank: 87
ETRA.L Sortino Ratio Rank: 88
ETRA.L Omega Ratio Rank: 85
ETRA.L Calmar Ratio Rank: 89
ETRA.L Martin Ratio Rank: 61

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.

ETRA.L vs. LDGL.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for L&G New Energy Commodities UCITS ETF USD Acc (ETRA.L) and L&G Global Quality Dividends UCITS ETF USD Distributing (LDGL.L). 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.

	ETRA.L	LDGL.L	Difference
Sharpe ratio Return per unit of total volatility	1.86	—	—
Sortino ratio Return per unit of downside risk	2.49	—	—
Omega ratio Gain probability vs. loss probability	1.35	—	—
Calmar ratio Return relative to maximum drawdown	2.97	—	—
Martin ratio Return relative to average drawdown	6.22	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	ETRA.L	LDGL.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.86	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.07	0.71	+0.36

Correlation

The correlation between ETRA.L and LDGL.L is -0.13. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Dividends

ETRA.L vs. LDGL.L - Dividend Comparison

ETRA.L has not paid dividends to shareholders, while LDGL.L's dividend yield for the trailing twelve months is around 0.69%.

	TTM
ETRA.L L&G New Energy Commodities UCITS ETF USD Acc	0.00%
LDGL.L L&G Global Quality Dividends UCITS ETF USD Distributing	0.69%

Drawdowns

ETRA.L vs. LDGL.L - Drawdown Comparison

The maximum ETRA.L drawdown since its inception was -15.11%, which is greater than LDGL.L's maximum drawdown of -9.67%. Use the drawdown chart below to compare losses from any high point for ETRA.L and LDGL.L.

Drawdown Indicators

	ETRA.L	LDGL.L	Difference
Max Drawdown Largest peak-to-trough decline	-15.11%	-10.00%	-5.11%
Max Drawdown (1Y) Largest decline over 1 year	-9.43%	—	—
Current Drawdown Current decline from peak	-0.31%	-7.61%	+7.30%
Average Drawdown Average peak-to-trough decline	-6.72%	-3.03%	-3.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.18%	—	—

Volatility

Volatility by Period

	ETRA.L	LDGL.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.78%	—	—
Volatility (6M) Calculated over the trailing 6-month period	11.36%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	14.31%	17.08%	-2.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.99%	17.08%	-4.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.99%	17.08%	-4.09%