FTFX.L vs. LGUS.L
FTFX.L (First Trust FactorFX UCITS ETF Class A USD) and LGUS.L (L&G US Equity UCITS ETF) are both Global Equities funds - FTFX.L tracks the First Trust FactorFX UCITS ETF Class A USD while LGUS.L tracks the L&G US Equity UCITS ETF. Both are passively managed. Over the past 5 years, FTFX.L returned 5.92%/yr vs 12.82%/yr for LGUS.L. At a 0.22 correlation, their price movements are largely independent.
Performance
FTFX.L vs. LGUS.L - Performance Comparison
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Returns By Period
In the year-to-date period, FTFX.L achieves a 6.72% return, which is significantly lower than LGUS.L's 10.34% return.
FTFX.L
- 1D
- 0.81%
- 1M
- 2.12%
- 6M
- 6.59%
- YTD
- 6.72%
- 1Y
- 10.31%
- 3Y*
- 6.78%
- 5Y*
- 5.92%
- 10Y*
- —
LGUS.L
- 1D
- 0.00%
- 1M
- 0.20%
- 6M
- 9.90%
- YTD
- 10.34%
- 1Y
- 21.64%
- 3Y*
- 20.40%
- 5Y*
- 12.82%
- 10Y*
- —
FTFX.L vs. LGUS.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
FTFX.L First Trust FactorFX UCITS ETF Class A USD | 6.72% | 8.14% | 7.93% | 9.97% | -1.13% | -3.43% | 0.33% | 4.18% | 0.65% |
LGUS.L L&G US Equity UCITS ETF | 10.34% | 17.98% | 25.09% | 28.66% | -20.46% | 27.91% | 21.16% | 30.91% | -9.25% |
Correlation
The correlation between FTFX.L and LGUS.L is -0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.02 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since Nov 9, 2018 | 0.22 |
The correlation between FTFX.L and LGUS.L shifts across timeframes, from -0.01 (1 year) to 0.22 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
FTFX.L vs. LGUS.L — Risk / Return Rank
FTFX.L
LGUS.L
FTFX.L vs. LGUS.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust FactorFX UCITS ETF Class A USD (FTFX.L) and L&G US Equity UCITS ETF (LGUS.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FTFX.L | LGUS.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.24 | ||
| Sortino ratioReturn per unit of downside risk | -0.46 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.32 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 3.30 | 2.59 | +0.71 |
| Martin ratioReturn relative to average drawdown | 10.01 | 9.99 | +0.03 |
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Drawdowns
FTFX.L vs. LGUS.L - Drawdown Comparison
The maximum FTFX.L drawdown since its inception was -8.13%, smaller than the maximum LGUS.L drawdown of -34.26%. Use the drawdown chart below to compare losses from any high point for FTFX.L and LGUS.L.
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Drawdown Indicators
| FTFX.L | LGUS.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.13% | -34.26% | +26.13% |
Max Drawdown (1Y)Largest decline over 1 year | -2.97% | -8.58% | +5.61% |
Max Drawdown (3Y)Largest decline over 3 years | -6.92% | -19.46% | +12.54% |
Max Drawdown (5Y)Largest decline over 5 years | -6.92% | -25.64% | +18.72% |
Current DrawdownCurrent decline from peak | 0.00% | -0.49% | +0.49% |
Average DrawdownAverage peak-to-trough decline | -2.08% | -5.30% | +3.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.98% | 2.23% | -1.25% |
Volatility
FTFX.L vs. LGUS.L - Volatility Comparison
The current volatility for First Trust FactorFX UCITS ETF Class A USD (FTFX.L) is 1.26%, while L&G US Equity UCITS ETF (LGUS.L) has a volatility of 2.86%. This indicates that FTFX.L experiences smaller price fluctuations and is considered to be less risky than LGUS.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FTFX.L | LGUS.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.26% | 2.86% | -1.60% |
Volatility (6M)Calculated over the trailing 6-month period | 4.37% | 9.41% | -5.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.34% | 12.47% | -6.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.33% | 16.51% | -9.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.18% | 18.10% | -11.92% |
Dividends
FTFX.L vs. LGUS.L - Dividend Comparison
Neither FTFX.L nor LGUS.L has paid dividends to shareholders.
Frequently Asked Questions
FTFX.L and LGUS.L have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FTFX.L tracks First Trust FactorFX UCITS ETF Class A USD, while LGUS.L tracks L&G US Equity UCITS ETF. They also come from different issuers: First Trust and L&G.
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