EXW3.DE vs. LGGE.DE
EXW3.DE (iShares STOXX Europe 50 UCITS ETF (DE)) and LGGE.DE (L&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF) are both Europe Equities funds - EXW3.DE tracks the STOXX® Europe 50 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, EXW3.DE returned 13.15%/yr vs 24.04%/yr for LGGE.DE. A 0.80 correlation means they provide meaningful diversification when combined. EXW3.DE charges 0.52%/yr vs 0.25%/yr for LGGE.DE.
Performance
EXW3.DE vs. LGGE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, EXW3.DE achieves a 10.62% return, which is significantly lower than LGGE.DE's 11.27% return.
EXW3.DE
- 1D
- 0.65%
- 1M
- 4.48%
- YTD
- 10.62%
- 6M
- 13.23%
- 1Y
- 20.00%
- 3Y*
- 13.15%
- 5Y*
- 11.77%
- 10Y*
- 9.47%
LGGE.DE
- 1D
- 0.15%
- 1M
- 1.27%
- YTD
- 11.27%
- 6M
- 15.17%
- 1Y
- 26.35%
- 3Y*
- 24.04%
- 5Y*
- —
- 10Y*
- —
EXW3.DE vs. LGGE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
EXW3.DE iShares STOXX Europe 50 UCITS ETF (DE) | 10.62% | 18.18% | 7.31% | 14.20% | -1.53% | 9.24% |
LGGE.DE L&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF | 11.27% | 38.29% | 14.07% | 17.18% | -3.86% | 7.23% |
Correlation
The correlation between EXW3.DE and LGGE.DE is 0.75, 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 | 0.75 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.77 |
Correlation (All Time) Calculated using the full available price history since Jul 16, 2021 | 0.80 |
The correlation between EXW3.DE and LGGE.DE has been stable across timeframes, ranging from 0.75 to 0.80 - a consistent structural relationship.
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Return for Risk
EXW3.DE vs. LGGE.DE — Risk / Return Rank
EXW3.DE
LGGE.DE
EXW3.DE vs. LGGE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares STOXX Europe 50 UCITS ETF (DE) (EXW3.DE) 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.
| EXW3.DE | LGGE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.76 | ||
| Sortino ratioReturn per unit of downside risk | -0.81 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.40 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 2.09 | 3.61 | -1.51 |
| Martin ratioReturn relative to average drawdown | 7.39 | 13.07 | -5.68 |
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
| EXW3.DE | LGGE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.43 | 2.19 | -0.76 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.83 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.62 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.19 | 1.13 | -0.93 |
Drawdowns
EXW3.DE vs. LGGE.DE - Drawdown Comparison
The maximum EXW3.DE drawdown since its inception was -57.98%, which is greater than LGGE.DE's maximum drawdown of -20.11%. Use the drawdown chart below to compare losses from any high point for EXW3.DE and LGGE.DE.
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Drawdown Indicators
| EXW3.DE | LGGE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.98% | -20.11% | -37.87% |
Max Drawdown (1Y)Largest decline over 1 year | -9.51% | -7.28% | -2.23% |
Max Drawdown (3Y)Largest decline over 3 years | -17.30% | -14.71% | -2.59% |
Max Drawdown (5Y)Largest decline over 5 years | -17.30% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -32.27% | — | — |
Current DrawdownCurrent decline from peak | -1.20% | -2.09% | +0.89% |
Average DrawdownAverage peak-to-trough decline | -17.07% | -3.23% | -13.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.70% | 2.01% | +0.69% |
Volatility
EXW3.DE vs. LGGE.DE - Volatility Comparison
iShares STOXX Europe 50 UCITS ETF (DE) (EXW3.DE) has a higher volatility of 4.77% compared to L&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF (LGGE.DE) at 3.60%. This indicates that EXW3.DE'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
| EXW3.DE | LGGE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.77% | 3.60% | +1.17% |
Volatility (6M)Calculated over the trailing 6-month period | 11.59% | 9.47% | +2.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.90% | 11.99% | +1.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.17% | 14.60% | -0.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.44% | 14.60% | +0.84% |
EXW3.DE vs. LGGE.DE - Expense Ratio Comparison
EXW3.DE has a 0.52% expense ratio, which is higher than LGGE.DE's 0.25% expense ratio.
Dividends
EXW3.DE vs. LGGE.DE - Dividend Comparison
EXW3.DE's dividend yield for the trailing twelve months is around 2.12%, less than LGGE.DE's 3.13% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EXW3.DE iShares STOXX Europe 50 UCITS ETF (DE) | 2.12% | 2.22% | 2.44% | 2.10% | 2.52% | 2.05% | 2.16% | 2.79% | 2.96% | 5.17% | 4.31% | 3.43% |
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% | 0.00% |
Frequently Asked Questions
EXW3.DE and LGGE.DE have a correlation of 0.75, 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 0.52% for EXW3.DE.
EXW3.DE tracks STOXX® Europe 50, 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: iShares and Legal & General. Their fees differ too: 0.52% for EXW3.DE and 0.25% for LGGE.DE.
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