EXUS.DE vs. ETLQ.DE
EXUS.DE (Xtrackers MSCI World ex USA UCITS ETF 1C USD) and ETLQ.DE (L&G Global Equity UCITS ETF) are both Global Equities funds - EXUS.DE tracks the MSCI World ex USA index while ETLQ.DE tracks the Solactive Core Developed Markets Large & Mid Cap. Both are passively managed. Over the past year, EXUS.DE returned 20.10% vs 23.93% for ETLQ.DE. A 0.78 correlation means they provide meaningful diversification when combined. EXUS.DE charges 0.15%/yr vs 0.10%/yr for ETLQ.DE.
Performance
EXUS.DE vs. ETLQ.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EXUS.DE achieves a 9.64% return, which is significantly lower than ETLQ.DE's 10.88% return.
EXUS.DE
- 1D
- 0.19%
- 1M
- 3.48%
- YTD
- 9.64%
- 6M
- 11.67%
- 1Y
- 20.10%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ETLQ.DE
- 1D
- 0.00%
- 1M
- 4.96%
- YTD
- 10.88%
- 6M
- 11.36%
- 1Y
- 23.93%
- 3Y*
- 17.73%
- 5Y*
- 13.10%
- 10Y*
- —
EXUS.DE vs. ETLQ.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
EXUS.DE Xtrackers MSCI World ex USA UCITS ETF 1C USD | 9.64% | 17.80% | 5.15% |
ETLQ.DE L&G Global Equity UCITS ETF | 10.88% | 8.14% | 16.38% |
Correlation
The correlation between EXUS.DE and ETLQ.DE is 0.79, 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 | 0.79 |
Correlation (All Time) Calculated using the full available price history since Mar 15, 2024 | 0.78 |
The correlation between EXUS.DE and ETLQ.DE has been stable across timeframes, ranging from 0.78 to 0.79 - a consistent structural relationship.
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
EXUS.DE vs. ETLQ.DE — Risk / Return Rank
EXUS.DE
ETLQ.DE
EXUS.DE vs. ETLQ.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI World ex USA UCITS ETF 1C USD (EXUS.DE) and L&G Global Equity UCITS ETF (ETLQ.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.
| EXUS.DE | ETLQ.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.51 | ||
| Sortino ratioReturn per unit of downside risk | -0.62 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.39 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 2.30 | 3.56 | -1.26 |
| Martin ratioReturn relative to average drawdown | 9.01 | 14.23 | -5.22 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| EXUS.DE | ETLQ.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.62 | 2.13 | -0.51 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.92 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.10 | 0.93 | +0.17 |
Drawdowns
EXUS.DE vs. ETLQ.DE - Drawdown Comparison
The maximum EXUS.DE drawdown since its inception was -16.21%, smaller than the maximum ETLQ.DE drawdown of -33.38%. Use the drawdown chart below to compare losses from any high point for EXUS.DE and ETLQ.DE.
Loading charts...
Drawdown Indicators
| EXUS.DE | ETLQ.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.21% | -33.38% | +17.17% |
Max Drawdown (1Y)Largest decline over 1 year | -8.68% | -6.68% | -2.00% |
Max Drawdown (3Y)Largest decline over 3 years | — | -21.58% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -21.58% | — |
Current DrawdownCurrent decline from peak | -0.76% | -0.34% | -0.42% |
Average DrawdownAverage peak-to-trough decline | -1.78% | -4.33% | +2.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.23% | 1.68% | +0.55% |
Volatility
EXUS.DE vs. ETLQ.DE - Volatility Comparison
Xtrackers MSCI World ex USA UCITS ETF 1C USD (EXUS.DE) has a higher volatility of 3.28% compared to L&G Global Equity UCITS ETF (ETLQ.DE) at 2.68%. This indicates that EXUS.DE's price experiences larger fluctuations and is considered to be riskier than ETLQ.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EXUS.DE | ETLQ.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.28% | 2.68% | +0.60% |
Volatility (6M)Calculated over the trailing 6-month period | 10.06% | 7.77% | +2.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.37% | 11.18% | +1.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.39% | 14.06% | -0.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.39% | 15.74% | -2.35% |
EXUS.DE vs. ETLQ.DE - Expense Ratio Comparison
EXUS.DE has a 0.15% expense ratio, which is higher than ETLQ.DE's 0.10% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
EXUS.DE vs. ETLQ.DE - Dividend Comparison
Neither EXUS.DE nor ETLQ.DE has paid dividends to shareholders.
Frequently Asked Questions
EXUS.DE and ETLQ.DE have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ETLQ.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ETLQ.DE is cheaper with a 0.10% expense ratio, compared with 0.15% for EXUS.DE.
EXUS.DE tracks MSCI World ex USA index, while ETLQ.DE tracks Solactive Core Developed Markets Large & Mid Cap. They also come from different issuers: Xtrackers and Legal & General. Their fees differ too: 0.15% for EXUS.DE and 0.10% for ETLQ.DE.
Find the right allocation for EXUS.DE and ETLQ.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