GLUX.DE vs. LUXG.L

Last updated Apr 2, 2026

Compare and contrast key facts about Amundi S&P Global Luxury UCITS ETF EUR (GLUX.DE) and Amundi ETF S&P Global Luxury UCITS ETF USD (LUXG.L).

GLUX.DE and LUXG.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GLUX.DE is a passively managed fund by Amundi that tracks the performance of the S&P Global Luxury. It was launched on Jan 31, 2018. LUXG.L is a passively managed fund by Amundi that tracks the performance of the Cat 50%MSCI Wld/CD NR&50%MSCI Wld/CS NR. It was launched on Jan 31, 2018. Both GLUX.DE and LUXG.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.

Performance

GLUX.DE vs. LUXG.L - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Amundi S&P Global Luxury UCITS ETF EUR (GLUX.DE) and Amundi ETF S&P Global Luxury UCITS ETF USD (LUXG.L). The values are adjusted to include any dividend payments, if applicable.

GLUX.DE vs. LUXG.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GLUX.DE Amundi S&P Global Luxury UCITS ETF EUR	-10.34%	2.34%	4.43%	11.98%	-19.34%	32.41%	23.80%	33.53%	-9.13%	22.10%
LUXG.L Amundi ETF S&P Global Luxury UCITS ETF USD	-10.11%	1.36%	4.69%	12.09%	-18.87%	31.90%	24.48%	33.01%	-8.97%	21.64%

Different Trading Currencies

GLUX.DE is traded in EUR, while LUXG.L is traded in GBp. To make them comparable, the LUXG.L values have been converted to EUR using the latest available exchange rates.

Returns By Period

The year-to-date returns for both investments are quite close, with GLUX.DE having a -10.34% return and LUXG.L slightly higher at -10.11%. Over a longer period, both investments have demonstrated similar performance, with their 10-year annualized returns being quite close: GLUX.DE at 8.50% and LUXG.L at 8.50%.

GLUX.DE

• 1D: 2.85%
• 1M: -6.32%
• YTD: -10.34%
• 6M: -7.13%
• 1Y: 1.38%
• 3Y*: -2.54%
• 5Y*: 0.44%
• 10Y*: 8.50%

LUXG.L

• 1D: 2.91%
• 1M: -6.56%
• YTD: -10.11%
• 6M: -6.95%
• 1Y: 1.35%
• 3Y*: -2.53%
• 5Y*: 0.45%
• 10Y*: 8.50%

*Multi-year figures are annualized to reflect compound growth (CAGR)

GLUX.DE vs. LUXG.L - Expense Ratio Comparison

Both GLUX.DE and LUXG.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%.

GLUX.DE

Amundi S&P Global Luxury UCITS ETF EUR

LUXG.L

Amundi ETF S&P Global Luxury UCITS ETF USD

Return for Risk

GLUX.DE vs. LUXG.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GLUX.DE

GLUX.DE Risk / Return Rank: 13
GLUX.DE Sharpe Ratio Rank: 13
GLUX.DE Sortino Ratio Rank: 13
GLUX.DE Omega Ratio Rank: 13
GLUX.DE Calmar Ratio Rank: 13
GLUX.DE Martin Ratio Rank: 13

LUXG.L

LUXG.L Risk / Return Rank: 18
LUXG.L Sharpe Ratio Rank: 18
LUXG.L Sortino Ratio Rank: 19
LUXG.L Omega Ratio Rank: 18
LUXG.L Calmar Ratio Rank: 18
LUXG.L Martin Ratio Rank: 19

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GLUX.DE vs. LUXG.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amundi S&P Global Luxury UCITS ETF EUR (GLUX.DE) and Amundi ETF S&P Global Luxury UCITS ETF USD (LUXG.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.

	GLUX.DE	LUXG.L	Difference
Sharpe ratio Return per unit of total volatility	0.06	0.07	0.00
Sortino ratio Return per unit of downside risk	0.24	0.23	+0.01
Omega ratio Gain probability vs. loss probability	1.03	1.03	0.00
Calmar ratio Return relative to maximum drawdown	0.07	0.05	+0.03
Martin ratio Return relative to average drawdown	0.24	0.15	+0.08
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GLUX.DE vs. LUXG.L - Sharpe Ratio Comparison

The current GLUX.DE Sharpe Ratio is 0.06, which is comparable to the LUXG.L Sharpe Ratio of 0.07. The chart below compares the historical Sharpe Ratios of GLUX.DE and LUXG.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	GLUX.DE	LUXG.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.06	0.07	0.00
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.02	0.02	0.00
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.41	0.41	0.00
Sharpe Ratio (All Time) Calculated using the full available price history	0.43	0.43	0.00

Correlation

The correlation between GLUX.DE and LUXG.L is 0.94, 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.

Dividends

GLUX.DE vs. LUXG.L - Dividend Comparison

Neither GLUX.DE nor LUXG.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

GLUX.DE vs. LUXG.L - Drawdown Comparison

The maximum GLUX.DE drawdown since its inception was -43.20%, roughly equal to the maximum LUXG.L drawdown of -43.26%. Use the drawdown chart below to compare losses from any high point for GLUX.DE and LUXG.L.

Drawdown Indicators

	GLUX.DE	LUXG.L	Difference
Max Drawdown Largest peak-to-trough decline	-43.20%	-36.58%	-6.62%
Max Drawdown (1Y) Largest decline over 1 year	-16.00%	-15.95%	-0.05%
Max Drawdown (5Y) Largest decline over 5 years	-30.52%	-29.20%	-1.32%
Max Drawdown (10Y) Largest decline over 10 years	-43.20%	-36.58%	-6.62%
Current Drawdown Current decline from peak	-17.73%	-14.84%	-2.89%
Average Drawdown Average peak-to-trough decline	-9.28%	-8.10%	-1.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.95%	4.78%	+0.17%

Volatility

GLUX.DE vs. LUXG.L - Volatility Comparison

Amundi S&P Global Luxury UCITS ETF EUR (GLUX.DE) and Amundi ETF S&P Global Luxury UCITS ETF USD (LUXG.L) have volatilities of 6.99% and 6.81%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GLUX.DE	LUXG.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.99%	6.81%	+0.18%
Volatility (6M) Calculated over the trailing 6-month period	13.79%	13.22%	+0.57%
Volatility (1Y) Calculated over the trailing 1-year period	21.25%	20.52%	+0.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.76%	20.61%	+0.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.77%	20.74%	+0.03%