EUHD.L vs. LGGE.DE
EUHD.L (PowerShares EURO STOXX High Dividend Low Volatility UCITS) and LGGE.DE (L&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF) are both Europe Equities funds - EUHD.L tracks the MSCI EMU NR EUR while LGGE.DE tracks the FTSE Developed Europe ex UK All Cap ex CW ex TC ex REITS Dividend Growth with Quality. Both are passively managed. Over the past 3 years, EUHD.L returned 20.22%/yr vs 24.10%/yr for LGGE.DE. Their correlation of 0.82 suggests significant overlap in exposure. EUHD.L charges 0.30%/yr vs 0.25%/yr for LGGE.DE.
Performance
EUHD.L vs. LGGE.DE - Performance Comparison
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Different Trading Currencies
EUHD.L is traded in GBp, while LGGE.DE is traded in EUR. To make them comparable, the LGGE.DE values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, EUHD.L achieves a 9.29% return, which is significantly lower than LGGE.DE's 10.06% return.
EUHD.L
- 1D
- 0.24%
- 1M
- 1.24%
- YTD
- 9.29%
- 6M
- 11.09%
- 1Y
- 24.45%
- 3Y*
- 20.22%
- 5Y*
- 12.89%
- 10Y*
- 9.36%
LGGE.DE
- 1D
- 0.00%
- 1M
- 1.19%
- YTD
- 10.06%
- 6M
- 13.71%
- 1Y
- 29.37%
- 3Y*
- 24.10%
- 5Y*
- —
- 10Y*
- —
EUHD.L vs. LGGE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
EUHD.L PowerShares EURO STOXX High Dividend Low Volatility UCITS | 9.29% | 42.88% | 5.23% | 11.37% | -3.26% | 4.21% |
LGGE.DE L&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF | 10.40% | 45.48% | 9.10% | 14.84% | 1.40% | 5.28% |
Correlation
The correlation between EUHD.L and LGGE.DE is 0.68, 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 | 0.68 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.80 |
Correlation (All Time) Calculated using the full available price history since Jul 16, 2021 | 0.82 |
The correlation between EUHD.L and LGGE.DE shifts across timeframes, from 0.68 (1 year) to 0.82 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
EUHD.L vs. LGGE.DE — Risk / Return Rank
EUHD.L
LGGE.DE
EUHD.L vs. LGGE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PowerShares EURO STOXX High Dividend Low Volatility UCITS (EUHD.L) and L&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF (LGGE.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.
| EUHD.L | LGGE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.26 | ||
| Sortino ratioReturn per unit of downside risk | -0.34 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.44 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 3.39 | 3.54 | -0.15 |
| Martin ratioReturn relative to average drawdown | 11.84 | 13.15 | -1.31 |
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
| EUHD.L | LGGE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.18 | 2.43 | -0.26 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.94 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.61 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.62 | 1.13 | -0.51 |
Drawdowns
EUHD.L vs. LGGE.DE - Drawdown Comparison
The maximum EUHD.L drawdown since its inception was -35.97%, which is greater than LGGE.DE's maximum drawdown of -17.75%. Use the drawdown chart below to compare losses from any high point for EUHD.L and LGGE.DE.
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Drawdown Indicators
| EUHD.L | LGGE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.97% | -17.75% | -18.22% |
Max Drawdown (1Y)Largest decline over 1 year | -7.17% | -8.26% | +1.09% |
Max Drawdown (3Y)Largest decline over 3 years | -10.52% | -13.44% | +2.92% |
Max Drawdown (5Y)Largest decline over 5 years | -19.82% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -35.97% | — | — |
Current DrawdownCurrent decline from peak | -2.09% | -2.03% | -0.06% |
Average DrawdownAverage peak-to-trough decline | -5.30% | -3.16% | -2.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.06% | 2.23% | -0.17% |
Volatility
EUHD.L vs. LGGE.DE - Volatility Comparison
PowerShares EURO STOXX High Dividend Low Volatility UCITS (EUHD.L) has a higher volatility of 3.72% compared to L&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF (LGGE.DE) at 3.51%. This indicates that EUHD.L's price experiences larger fluctuations and is considered to be riskier than LGGE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EUHD.L | LGGE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.72% | 3.51% | +0.21% |
Volatility (6M)Calculated over the trailing 6-month period | 8.70% | 9.67% | -0.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.18% | 12.03% | -0.85% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.74% | 14.80% | -1.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.55% | 14.80% | +0.75% |
EUHD.L vs. LGGE.DE - Expense Ratio Comparison
EUHD.L has a 0.30% expense ratio, which is higher than LGGE.DE's 0.25% expense ratio.
Dividends
EUHD.L vs. LGGE.DE - Dividend Comparison
EUHD.L's dividend yield for the trailing twelve months is around 3.95%, more than LGGE.DE's 3.13% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
EUHD.L PowerShares EURO STOXX High Dividend Low Volatility UCITS | 3.95% | 4.61% | 5.86% | 5.50% | 5.44% | 4.28% | 3.06% | 4.66% | 4.34% | 3.41% | 3.51% |
LGGE.DE L&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF | 3.13% | 3.47% | 4.37% | 4.43% | 4.18% | 1.52% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
EUHD.L and LGGE.DE have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, LGGE.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
LGGE.DE is cheaper with a 0.25% expense ratio, compared with 0.30% for EUHD.L.
EUHD.L tracks MSCI EMU NR EUR, while LGGE.DE tracks FTSE Developed Europe ex UK All Cap ex CW ex TC ex REITS Dividend Growth with Quality. They also come from different issuers: Invesco and Legal & General. Their fees differ too: 0.30% for EUHD.L and 0.25% for LGGE.DE.
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