EUPA.DE vs. LGWS.DE

Last updated Jun 5, 2026

EUPA.DE (Ossiam Shiller Barclays CAPE® Global Sector Value UCITS ETF (USD)) and LGWS.DE (Lyxor MSCI EMU Value UCITS ETF Dist) are both Europe Equities funds - EUPA.DE tracks the Shiller Barclays CAPE® Global Sector while LGWS.DE tracks the MSCI EMU Value. Both are passively managed. Over the past 3 years, EUPA.DE returned 17.95%/yr vs 18.49%/yr for LGWS.DE. A 0.64 correlation means they provide meaningful diversification when combined. EUPA.DE charges 0.65%/yr vs 0.40%/yr for LGWS.DE.

Performance

EUPA.DE vs. LGWS.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Ossiam Shiller Barclays CAPE® Global Sector Value UCITS ETF (USD) (EUPA.DE) and Lyxor MSCI EMU Value UCITS ETF Dist (LGWS.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EUPA.DE achieves a 8.36% return, which is significantly higher than LGWS.DE's 7.09% return.

EUPA.DE

• 1D: 0.63%
• 1M: 0.54%
• YTD: 8.36%
• 6M: 9.94%
• 1Y: 17.10%
• 3Y*: 17.95%
• 5Y*: —
• 10Y*: —

LGWS.DE

• 1D: 0.43%
• 1M: 2.56%
• YTD: 7.09%
• 6M: 10.63%
• 1Y: 21.46%
• 3Y*: 18.49%
• 5Y*: 12.16%
• 10Y*: —

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

EUPA.DE vs. LGWS.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
EUPA.DE Ossiam Shiller Barclays CAPE® Global Sector Value UCITS ETF (USD)	8.36%	18.38%	13.54%	11.13%
LGWS.DE Lyxor MSCI EMU Value UCITS ETF Dist	7.09%	37.06%	9.12%	3.50%

Correlation

The correlation between EUPA.DE and LGWS.DE is 0.60, 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	0.60
Correlation (3Y) Calculated over the trailing 3-year period	0.65
Correlation (All Time) Calculated using the full available price history since Feb 24, 2023	0.64

The correlation between EUPA.DE and LGWS.DE has been stable across timeframes, ranging from 0.60 to 0.65 - a consistent structural relationship.

Return for Risk

EUPA.DE vs. LGWS.DE — Risk / Return Rank

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

EUPA.DE

EUPA.DE Risk / Return Rank: 45
EUPA.DE Sharpe Ratio Rank: 46
EUPA.DE Sortino Ratio Rank: 46
EUPA.DE Omega Ratio Rank: 45
EUPA.DE Calmar Ratio Rank: 41
EUPA.DE Martin Ratio Rank: 46

LGWS.DE

LGWS.DE Risk / Return Rank: 48
LGWS.DE Sharpe Ratio Rank: 48
LGWS.DE Sortino Ratio Rank: 47
LGWS.DE Omega Ratio Rank: 47
LGWS.DE Calmar Ratio Rank: 49
LGWS.DE Martin Ratio Rank: 50

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.

EUPA.DE vs. LGWS.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ossiam Shiller Barclays CAPE® Global Sector Value UCITS ETF (USD) (EUPA.DE) and Lyxor MSCI EMU Value UCITS ETF Dist (LGWS.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.

	EUPA.DE	LGWS.DE	Difference
Sharpe ratio: Return per unit of total volatility	1.57	1.64	-0.07
Sortino ratio: Return per unit of downside risk	2.27	2.29	-0.02
Omega ratio: Gain probability vs. loss probability	1.28	1.30	-0.01
Calmar ratio: Return relative to maximum drawdown	2.02	2.41	-0.39
Martin ratio: Return relative to average drawdown	7.49	8.24	-0.75
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EUPA.DE vs. LGWS.DE - Sharpe Ratio Comparison

The current EUPA.DE Sharpe Ratio is 1.57, which is comparable to the LGWS.DE Sharpe Ratio of 1.64. The chart below compares the historical Sharpe Ratios of EUPA.DE and LGWS.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

	EUPA.DE	LGWS.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.57	1.64	-0.07
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.77	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.30	0.46	+0.84

Drawdowns

EUPA.DE vs. LGWS.DE - Drawdown Comparison

The maximum EUPA.DE drawdown since its inception was -10.28%, smaller than the maximum LGWS.DE drawdown of -41.73%. Use the drawdown chart below to compare losses from any high point for EUPA.DE and LGWS.DE.

Drawdown Indicators

	EUPA.DE	LGWS.DE	Difference
Max Drawdown Largest peak-to-trough decline	-10.28%	-41.73%	+31.45%
Max Drawdown (1Y) Largest decline over 1 year	-8.44%	-8.88%	+0.44%
Max Drawdown (3Y) Largest decline over 3 years	-10.28%	-14.65%	+4.37%
Max Drawdown (5Y) Largest decline over 5 years	—	-22.84%	—
Current Drawdown Current decline from peak	-2.77%	-1.49%	-1.28%
Average Drawdown Average peak-to-trough decline	-1.91%	-6.96%	+5.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.28%	2.60%	-0.32%

Volatility

EUPA.DE vs. LGWS.DE - Volatility Comparison

Ossiam Shiller Barclays CAPE® Global Sector Value UCITS ETF (USD) (EUPA.DE) and Lyxor MSCI EMU Value UCITS ETF Dist (LGWS.DE) have volatilities of 3.63% and 3.59%, 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

	EUPA.DE	LGWS.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.63%	3.59%	+0.04%
Volatility (6M) Calculated over the trailing 6-month period	9.03%	10.27%	-1.24%
Volatility (1Y) Calculated over the trailing 1-year period	10.84%	13.04%	-2.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.40%	15.55%	-3.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.40%	17.93%	-5.53%

EUPA.DE vs. LGWS.DE - Expense Ratio Comparison

EUPA.DE has a 0.65% expense ratio, which is higher than LGWS.DE's 0.40% expense ratio.

Dividends

EUPA.DE vs. LGWS.DE - Dividend Comparison

EUPA.DE has not paid dividends to shareholders, while LGWS.DE's dividend yield for the trailing twelve months is around 3.07%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
EUPA.DE Ossiam Shiller Barclays CAPE® Global Sector Value UCITS ETF (USD)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
LGWS.DE Lyxor MSCI EMU Value UCITS ETF Dist	3.07%	3.29%	4.24%	0.00%	4.69%	2.83%	2.72%	4.37%	4.77%	0.38%

Frequently Asked Questions

Can I hold both EUPA.DE and LGWS.DE in my portfolio?

EUPA.DE and LGWS.DE have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, EUPA.DE or LGWS.DE?

On fees, LGWS.DE is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EUPA.DE or LGWS.DE?

LGWS.DE is cheaper with a 0.40% expense ratio, compared with 0.65% for EUPA.DE.

What is the main difference between EUPA.DE and LGWS.DE?

EUPA.DE tracks Shiller Barclays CAPE® Global Sector, while LGWS.DE tracks MSCI EMU Value. They also come from different issuers: Franklin Templeton and Amundi. Their fees differ too: 0.65% for EUPA.DE and 0.40% for LGWS.DE.