GERD.DE vs. BA.L
GERD.DE (L&G Gerd Kommer Multifactor Equity UCITS ETF USD Acc) is Global Equities fund tracking the Solactive Gerd Kommer Multifactor Equity, while BA.L (BAE Systems plc) is a stock. Over the past year, GERD.DE returned 27.27% vs -5.78% for BA.L. At a 0.22 correlation, their price movements are largely independent.
Performance
GERD.DE vs. BA.L - Performance Comparison
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Different Trading Currencies
GERD.DE is traded in EUR, while BA.L is traded in GBp. To make them comparable, the BA.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, GERD.DE achieves a 14.41% return, which is significantly higher than BA.L's 8.45% return.
GERD.DE
- 1D
- -0.18%
- 1M
- 3.97%
- YTD
- 14.41%
- 6M
- 15.23%
- 1Y
- 27.27%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BA.L
- 1D
- -4.81%
- 1M
- -0.63%
- YTD
- 8.45%
- 6M
- 10.51%
- 1Y
- -5.78%
- 3Y*
- 25.55%
- 5Y*
- 30.57%
- 10Y*
- 17.08%
GERD.DE vs. BA.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
GERD.DE L&G Gerd Kommer Multifactor Equity UCITS ETF USD Acc | 14.41% | 10.26% | 18.54% | 7.77% |
BA.L BAE Systems plc | 8.45% | 44.19% | 10.99% | 15.59% |
Correlation
The correlation between GERD.DE and BA.L is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Jun 21, 2023 | 0.22 |
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Return for Risk
GERD.DE vs. BA.L — Risk / Return Rank
GERD.DE
BA.L
GERD.DE vs. BA.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for L&G Gerd Kommer Multifactor Equity UCITS ETF USD Acc (GERD.DE) and BAE Systems plc (BA.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.
| GERD.DE | BA.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.37 | ||
| Sortino ratioReturn per unit of downside risk | +3.02 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 0.99 | +0.40 |
| Calmar ratioReturn relative to maximum drawdown | 3.92 | -0.26 | +4.19 |
| Martin ratioReturn relative to average drawdown | 15.42 | -0.56 | +15.98 |
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Drawdowns
GERD.DE vs. BA.L - Drawdown Comparison
The maximum GERD.DE drawdown since its inception was -19.22%, smaller than the maximum BA.L drawdown of -55.18%. Use the drawdown chart below to compare losses from any high point for GERD.DE and BA.L.
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Drawdown Indicators
| GERD.DE | BA.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.22% | -55.18% | +35.96% |
Max Drawdown (1Y)Largest decline over 1 year | -6.61% | -21.87% | +15.26% |
Max Drawdown (3Y)Largest decline over 3 years | — | -21.87% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -21.87% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -42.10% | — |
Current DrawdownCurrent decline from peak | -0.19% | -21.09% | +20.90% |
Average DrawdownAverage peak-to-trough decline | -2.24% | -17.80% | +15.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.69% | 10.23% | -8.54% |
Volatility
GERD.DE vs. BA.L - Volatility Comparison
The current volatility for L&G Gerd Kommer Multifactor Equity UCITS ETF USD Acc (GERD.DE) is 3.18%, while BAE Systems plc (BA.L) has a volatility of 9.96%. This indicates that GERD.DE experiences smaller price fluctuations and is considered to be less risky than BA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GERD.DE | BA.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.18% | 9.96% | -6.78% |
Volatility (6M)Calculated over the trailing 6-month period | 8.49% | 24.44% | -15.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.92% | 30.53% | -18.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.94% | 26.61% | -13.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.94% | 26.34% | -13.40% |
Dividends
GERD.DE vs. BA.L - Dividend Comparison
GERD.DE has not paid dividends to shareholders, while BA.L's dividend yield for the trailing twelve months is around 1.99%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BA.L BAE Systems plc | 1.99% | 1.99% | 2.69% | 2.53% | 2.99% | 4.40% | 4.75% | 4.00% | 4.79% | 3.75% | 3.57% | 4.14% |
GERD.DE L&G Gerd Kommer Multifactor Equity UCITS ETF USD Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
GERD.DE and BA.L have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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