FLXD.L vs. LDEG.L
Compare and contrast key facts about Franklin European Quality Dividend UCITS ETF (FLXD.L) and L&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF (LDEG.L).
FLXD.L and LDEG.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FLXD.L is a passively managed fund by Franklin Templeton that tracks the performance of the MSCI Europe High Div Yld NR EUR. It was launched on Sep 6, 2017. LDEG.L is a passively managed fund by Legal & General that tracks the performance of the MSCI Europe Ex UK NR EUR. It was launched on Apr 12, 2021. Both FLXD.L and LDEG.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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FLXD.L or LDEG.L.
Key characteristics
| FLXD.L | LDEG.L | |
|---|---|---|
| YTD Return | 3.92% | 4.51% |
| 1Y Return | 10.31% | 12.42% |
| 3Y Return (Ann) | 6.59% | 3.02% |
| Sharpe Ratio | 0.41 | 0.46 |
| Sortino Ratio | 0.80 | 0.86 |
| Omega Ratio | 1.20 | 1.19 |
| Calmar Ratio | 0.55 | 0.81 |
| Martin Ratio | 0.84 | 1.30 |
| Ulcer Index | 11.78% | 9.04% |
| Daily Std Dev | 24.04% | 25.58% |
| Max Drawdown | -32.03% | -18.70% |
| Current Drawdown | -11.45% | -11.43% |
Correlation
The correlation between FLXD.L and LDEG.L is 0.86, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
FLXD.L vs. LDEG.L - Performance Comparison
In the year-to-date period, FLXD.L achieves a 3.92% return, which is significantly lower than LDEG.L's 4.51% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FLXD.L vs. LDEG.L - Expense Ratio Comparison
Both FLXD.L and LDEG.L have an expense ratio of 0.25%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
FLXD.L vs. LDEG.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin European Quality Dividend UCITS ETF (FLXD.L) and L&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF (LDEG.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.
Dividends
FLXD.L vs. LDEG.L - Dividend Comparison
FLXD.L's dividend yield for the trailing twelve months is around 0.81%, while LDEG.L has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
FLXD.L Franklin European Quality Dividend UCITS ETF | 0.81% | 5.73% | 5.89% | 5.49% | 3.90% | 1.53% | 1.09% |
LDEG.L L&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FLXD.L vs. LDEG.L - Drawdown Comparison
The maximum FLXD.L drawdown since its inception was -32.03%, which is greater than LDEG.L's maximum drawdown of -18.70%. Use the drawdown chart below to compare losses from any high point for FLXD.L and LDEG.L. For additional features, visit the drawdowns tool.
Volatility
FLXD.L vs. LDEG.L - Volatility Comparison
The current volatility for Franklin European Quality Dividend UCITS ETF (FLXD.L) is 3.63%, while L&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF (LDEG.L) has a volatility of 4.28%. This indicates that FLXD.L experiences smaller price fluctuations and is considered to be less risky than LDEG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.